Suryoday Small Finance Bank

Quick check

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

• DebtLook closerRated A by ICRA.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 26% and profit rose 114% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 22% of the company, about the same as in Jun 2025.
• ValuationCheap vs its pastThe share trades at 7.4 times its yearly earnings (P/E), cheaper than 84% of the time in the last 3 years. Its usual P/E is about 12.

Suryoday Small Finance Bank 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)7.4 against a typical 14.6: cheaper than most peers (1st = cheapest).1st of 9
• Sales growth+25.7% against a typical +22.6% from a year earlier.3rd of 9
• Profit growth+114.3% against a typical +83.6% from a year earlier.3rd of 6
• Share price, 3 months−16.9% against a typical −16.9%.5th of 9
• Size₹ 1,419.6 Cr. market value against a typical ₹ 2,133.4 Cr. (1st = largest).7th of 9

Exchange filings and their impact on the company.

• 22 Oct 2026Outcome of Board MeetingLow impactPositivePrice −4% on 23 Oct
  Board approved Rs 100 cr Tier II bond issue to bolster capital without equity dilution.

  On October 22, 2026, Suryoday Small Finance Bank's board approved raising up to Rs 100 crore via rated, listed, unsecured Lower Tier II non-convertible debentures on a private placement basis. The bonds will count as Lower Tier II capital under Basel II norms for capital adequacy. The small, non-dilutive raise strengthens the capital buffer to support continued loan and deposit growth.

  Full analysisFiling
• 9 Oct 2026General UpdatesMedium impactPositivePrice −0.8% that day
  Allotted Rs 200 cr Tier II NCDs at 10.05% to strengthen capital without equity dilution.

  Suryoday Small Finance Bank allotted 200 Basel II compliant Lower Tier II NCDs worth Rs 200 crore on private placement at par on October 9, 2026. The bonds carry a fixed 10.05% coupon payable semi-annually. The Tier II raise strengthens the bank's capital adequacy to support loan growth without equity dilution, while adding about Rs 20 crore in annual interest cost.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Baskar Babu Ramachandran

Chief Executive Officer, Managing Director, Executive Director

Kanishka Chaudhary

Chief Financial Officer

Pankaj Gulati

Chief People Officer and Head- CSR

Krishna Kant Chaturvedi

Compliance Officer, Company Secretary

Yogesh Dixit

Chief Risk Officer

Hemant Premchand Shah

Additional Whole-time Director

Sudheer Kamble

Chief of Internal Vigilance

Sumeet Mishra

Chief Information Security Officer