Satin Creditcare Network

NSE: SATINBSE: 539404
Compare with peers
₹ 229.88▲ 6 (+2.68%)28 Oct, 03:29 pm IST
Market cap
₹ 2,405 Cr.
P/E
6.2x
P/B
0.86x
52-week range
135.81 – 274.14
ROE
12%
Dividend yield
0%
Debt / equity
3.84
Sector
Finance
Industry
Microfinance Institutions
Listed on
NSE, BSE

About

Satin Creditcare Network Limited is a non-deposit accepting non-banking financial company. The Company is engaged in providing micro-finance services to women in the rural areas of India who are enrolled as members and organized as joint liability groups (JLG). Its business is primarily based on the JLG, which allows it to provide collateral-free, microcredit facilities to economically active women in both rural and semi-urban areas. Its products include income generation loan (IGL), Lending to Corporate Institutions & Micro Finance Companies, micro, small and medium enterprise (MSME) Loan, and water, sanitation and hygiene loan (WASH). Its MSME loans are focused on lending to merchants, retailers, service providers, salaried and self-employed professionals, and Agri business. Its loan products cover a range of household appliances, solar, mobile phones, and cycles. The Company's subsidiaries include Satin Housing Finance Limited and Satin Finserv Limited.

Quick check

The five things to look at first. Open one for more.

Satin Creditcare Network against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)6.2 against a typical 10.3: cheaper than most peers (1st = cheapest).1st of 5
  • Sales growth+8.4% against a typical +8.4% from a year earlier.3rd of 5
  • Profit growth+173.3% against a typical +298.4% from a year earlier.3rd of 3
  • Share price, 3 months−11.1% against a typical −34.5%.1st of 5
  • Size₹ 2,405 Cr. market value against a typical ₹ 2,405 Cr. (1st = largest).3rd of 5

Latest announcements

Exchange filings and their impact on the company.

  • 28 Oct 2026Outcome of Board MeetingMedium impactPositive
    Q2 FY27 results extend the sharp profit recovery seen in Q1, supporting double-digit revenue and strong profit growth over the next year.

    Satin Creditcare's board on October 28, 2026 approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, with an unmodified limited review by J C Bhalla & Co. The meeting ran from 2:30 pm to 3:48 pm and the trading window stays closed for 48 hours after publication. The filing follows a strong Q1 FY27 with revenue of Rs 762 crore and net profit of Rs 123 crore, suggesting continued recovery in lending and asset quality that should support earnings over the next year.

    Filing
  • 7 Oct 2026General UpdatesHigh impactPositivePrice −2% that day
    Strong Q2 update with 48% H1 disbursement growth, Rs 16,600 cr AUM and cheaper funding supports faster profit growth.

    Satin Creditcare reported a strong Q2 FY27 business update with consolidated AUM of about Rs 16,600 crore and standalone AUM of about Rs 13,600 crore. H1 FY27 disbursements reached Rs 7,192 crore, up 48% year-on-year, with 1.9 lakh new borrowers and 39 new branches taking the network to 1,876 branches. The company also raised Rs 2,628 crore of debt in Q2, cut its marginal borrowing cost by 55 bps to 10.28%, reported 99.8% collection efficiency and an improvement in asset quality, supporting continued loan and earnings growth.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Look closer

Rated A by 2 agencies
A
DefaultRiskyModerateSafeVery safe
  • ICRA lowered its rating on 10 Mar 2026.
AgencyCurrent ratingOutlookAs of
ICRA[ICRA]AStable21 Oct 2026
InfomericsIVR AStable10 Jul 2026
CAREWithdrawn—29 Jun 2026
Credit rating actions
RatingDetails
21 Oct 2026
Reaffirmed
[ICRA]A—ICRA₹ 7,953.9 Cr.
10 Jul 2026
Reaffirmed
IVR A—Infomerics—
30 Jun 2026
Reaffirmed
IVR A—Infomerics₹ 750 Cr.
29 Jun 2026
Withdrawn
——CARE—
7 May 2026
Reaffirmed
[ICRA]A—ICRA₹ 7,549.5 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
28 Oct 2026UpcomingFinancial ResultsTo consider and approve Un-Audited Financial Results (Standalone and Consolidated) of the Company for quarter and half year ended September 30, 2026.
30 Jul 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
23 Jun 2026Fund RaisingTo consider Fund Raising
4 Jun 2026Fund RaisingTo consider Fund Raising
15 May 2026Fund RaisingWorking Committee meeting to consider and approve fund raising proposal by way of issuance of listed, secured/unsecured, non-convertible debentures on private placement basis
11 May 2026Financial ResultsTo consider and approve Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and year ended March 31, 2026.
6 May 2026Fund RaisingMeeting of Working Committee of Board of Directors of Satin Creditcare Network Limited is scheduled to be held on Wednesday, May 06, 2026 inter-alia to consider and approve fund raising proposal by way of issuance of listed, secured, non-convertible bonds on private placement basis

Share price

1Y change +46.29%
0 of 1 filing day came with a big price move1 filing after the close: the market reacts next session
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue538596642633657684615703788740920762
Interest217247252251266268264297344289381251
Expenses173192217237323398327346373355320345
Financing Profit148156173145681924607196218167
Financing Margin %28%26%27%23%10%3%4%8%9%13%24%22%
Other Income115214155533
Depreciation666677867898
Profit before tax143151171141621518586993212161
Tax %25%25%25%25%27%5%−20%22%23%23%24%24%
Net Profit107113128105451422455372162123
EPS in Rs10.7210.2411.619.534.051.291.984.084.816.5114.6711.1

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
18%
3 Years
27%
TTM
21%
Compounded Profit Growth
10 Years
—
5 Years
91%
3 Years
313%
TTM
225%
Stock Price CAGR
10 Years
−9%
5 Years
25%
3 Years
2%
TTM
—
Return on Equity
10 Years
9%
5 Years
9%
3 Years
13%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
36.17%
0 pts in a year
FIIs
4.88%
+0.56 pts in a year
DIIs
6.32%
−0.83 pts in a year
Public
52.23%
+0.31 pts in a year
Others
0.38%
−0.06 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 6.2xEPS (12 months) ₹ 37.09Median P/E 8.2x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Satin Creditcare Network₹ 229.88₹ 2,405 Cr.6.2x0.9x12%—
Bajaj Finance₹ 927.00₹ 5,77,146 Cr.25x5.8x18.1%23.7%
Shriram Finance₹ 867.00₹ 2,04,004 Cr.13.9x3x16.4%20.9%
Jio Financial Services₹ 205.00₹ 1,35,364 Cr.95.5x1.2x—49.8%
Tata Capital₹ 307.05₹ 1,30,358 Cr.20.5x3.3x12.3%16%
Power Finance Corporation₹ 316.00₹ 1,04,283 Cr.5.4x1x20.7%29.1%

Management

Harvinder Pal Singh
Chairman of the Board, Managing Director
Manoj Agrawal
Chief Financial Officer
Vikas Gupta
Chief Compliance Officer, Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.