Along with faster disbursals, CA Grameen also acquired another microfinance company to boost its loan book

CreditAccess Grameen’s Rise Marks A Shift In India’s Microfinance Growth Story

CreditAccess Grameen announces reduction in IT demand for AY18-19

CreditAccess Grameen jumped 6.76% to Rs 962 after the micro lender’s consolidated net profit surged 85.3% to Rs 216.8 crore on 31.9% increase in total income to Rs 909.7 crore in Q3 December 2022 over Q3 December 2021.

CreditAccess Grameen jumps after Q3 PAT spurts 85% YoY

Bank funding too will come down to 60 per cent, from 70 per cent

CreditAccess Grameen to step up dependence on non-bank funding

The minimum application size would be ₹10,000 and thereafter, in multiples of ₹1,000 thereof

CreditAccess Grameen unveils NCD issue

Additionally, its public issue of non-convertible debentures (NCDs) worth up to 5 billion Indian rupees ($61.4 million) will launch on Nov. 14

CreditAccess Grameen to raise Rs 15 crore via ECBs, says MD Udaya Kumar

The lender, India’s largest NBFC-MFI, will offer interest rates ranging from 9.45-10% to the investors. The coupon would be 9.45% per annum for the 24 months bucket, 9.60% for 36 months and 10% for 60 months buckets, a person aware of the matter said.

CreditAccess Grameen to issue retail bonds to raise Rs 500 crore

FMF is the second largest pure-play micro-finance company in the country after CreditAccess Grameen, with a focus on the fast-growing rural economy. After undertaking asset impairment in FY22, FMF, showed a marked improvement in the June 2022 quart

Fusion Micro with rural focus a good bet for high-risk investors

The retail bonds – likely to be for three- to five-years tenure – may bear interest rates between 8.75% and 9.5%, market sources said

CreditAccess Grameen to issue retail bonds for the first time to raise Rs 1500 cr

CreditAccess Grameen’s consolidated net profit surged 170.6% to Rs 172.03 crore in Q2 FY23 as against Rs 63.57 crore recorded in Q2 FY22.

CreditAccess Grameen reports robust Q2 numbers

Post the removal of pricing cap, the company implemented risk-based pricing, which would lead to asset yield expansion.

CreditAccess Grameen Q2 Review - RoA At 4% With Improved Visibility On Further Expansion: ICICI Securities

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Average profitability - not good, not bad

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

CreditAccess Grameen is a non-banking financial company engaged in microfinance sector. Its services are focused towards the rural poor and low income households particularly women