Satin Creditcare Network
- 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.
Compared with its industry
Microfinance Institutions: 5 companies →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 impactPositiveQ2 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.
- 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.
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- ICRA lowered its rating on 10 Mar 2026.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]A | Stable | 21 Oct 2026 |
| Infomerics | IVR A | Stable | 10 Jul 2026 |
| CARE | Withdrawn | — | 29 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 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 2026Upcoming | Financial Results | To consider and approve Un-Audited Financial Results (Standalone and Consolidated) of the Company for quarter and half year ended September 30, 2026. |
| 30 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 23 Jun 2026 | Fund Raising | To consider Fund Raising |
| 4 Jun 2026 | Fund Raising | To consider Fund Raising |
| 15 May 2026 | Fund Raising | Working 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 2026 | Financial Results | To consider and approve Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and year ended March 31, 2026. |
| 6 May 2026 | Fund Raising | Meeting 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 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 538 | 596 | 642 | 633 | 657 | 684 | 615 | 703 | 788 | 740 | 920 | 762 |
| Interest | 217 | 247 | 252 | 251 | 266 | 268 | 264 | 297 | 344 | 289 | 381 | 251 |
| Expenses | 173 | 192 | 217 | 237 | 323 | 398 | 327 | 346 | 373 | 355 | 320 | 345 |
| Financing Profit | 148 | 156 | 173 | 145 | 68 | 19 | 24 | 60 | 71 | 96 | 218 | 167 |
| Financing Margin % | 28% | 26% | 27% | 23% | 10% | 3% | 4% | 8% | 9% | 13% | 24% | 22% |
| Other Income | 1 | 1 | 5 | 2 | 1 | 4 | 1 | 5 | 5 | 5 | 3 | 3 |
| Depreciation | 6 | 6 | 6 | 6 | 7 | 7 | 8 | 6 | 7 | 8 | 9 | 8 |
| Profit before tax | 143 | 151 | 171 | 141 | 62 | 15 | 18 | 58 | 69 | 93 | 212 | 161 |
| Tax % | 25% | 25% | 25% | 25% | 27% | 5% | −20% | 22% | 23% | 23% | 24% | 24% |
| Net Profit | 107 | 113 | 128 | 105 | 45 | 14 | 22 | 45 | 53 | 72 | 162 | 123 |
| EPS in Rs | 10.72 | 10.24 | 11.61 | 9.53 | 4.05 | 1.29 | 1.98 | 4.08 | 4.81 | 6.51 | 14.67 | 11.1 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 18%
- 3 Years
- 27%
- TTM
- 21%
- 10 Years
- —
- 5 Years
- 91%
- 3 Years
- 313%
- TTM
- 225%
- 10 Years
- −9%
- 5 Years
- 25%
- 3 Years
- 2%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 9%
- 3 Years
- 13%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Satin Creditcare Network | ₹ 229.88 | ₹ 2,405 Cr. | 6.2x | 0.9x | 12% | — |
| Bajaj Finance | ₹ 927.00 | ₹ 5,77,146 Cr. | 25x | 5.8x | 18.1% | 23.7% |
| Shriram Finance | ₹ 867.00 | ₹ 2,04,004 Cr. | 13.9x | 3x | 16.4% | 20.9% |
| Jio Financial Services | ₹ 205.00 | ₹ 1,35,364 Cr. | 95.5x | 1.2x | — | 49.8% |
| Tata Capital | ₹ 307.05 | ₹ 1,30,358 Cr. | 20.5x | 3.3x | 12.3% | 16% |
| Power Finance Corporation | ₹ 316.00 | ₹ 1,04,283 Cr. | 5.4x | 1x | 20.7% | 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.