More about CreditAccess Grameen Limited
Fundamentals for CreditAccess Grameen Limited
Regulatory Filings for CreditAccess Grameen Limited
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Fundamentals for CreditAccess Grameen Limited
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Business Operations:
Sector: Financial ServicesIndustry: Credit Services
CreditAccess Grameen Limited, a non-banking financial company, provides micro finance services for women from poor and low income households in India. The company offers microcredit loans for income generation, home improvement, emergency, family welfare, and Grameen Unnati, as well as Grameen Suraksha, life insurance, and national pension schemes. It also provides retail finance loans, such as Grameen Vikas, Gruha Vikas, Grameen two-wheeler, and Grameen Swarna. In addition, the company offers digital lending products comprising Pragathi digital and multi-purpose digital loans. The company was formerly known as Grameen Koota Financial Services Private Limited and changed its name to CreditAccess Grameen Limited in January 2018. CreditAccess Grameen Limited was incorporated in 1991 and is headquartered in Bengaluru, India. CreditAccess Grameen Limited operates as a subsidiary of CreditAccess India BV.
Revenue projections:
CREDITACC's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
Financial Ratios:
| currentRatio | 286.649000 |
|---|---|
| forwardPE | 10.543112 |
| debtToEquity | 302.873000 |
| earningsGrowth | 6.162000 |
| revenueGrowth | 1.259000 |
| grossMargins | 0.998660 |
| operatingMargins | 0.566720 |
| trailingEps | 8.470000 |
| forwardEps | 123.142010 |
CREDITACC's current ratio being 286.649 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that CREDITACC can meet its financial obligations with ease.
CreditAccess Grameen Limited's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
CreditAccess Grameen Limited's elevated debt-to-equity ratio suggests that the company is using significant debt to finance its operations. This level of leverage can amplify financial risk, particularly if profitability decreases or external conditions become unfavorable.
CREDITACC's positive growth in earnings and revenue suggests the company is on track to expand its business. These indicators highlight a healthy financial performance, with CREDITACC expected to increase its market presence and profitability.
CREDITACC's positive gross and operating margins reflect strong profitability and operational efficiency. These metrics indicate the company's ability to control costs while maintaining healthy revenue, contributing to its solid financial performance.
CreditAccess Grameen Limited's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that CreditAccess Grameen Limited is projected to improve its financial performance compared to the previous year.
Price projections:
The price of CreditAccess Grameen Limited has regularly been close to the lower end of projections, suggesting that it might be struggling to meet market expectations. This trend raises questions about the company's future performance.
Recommendation changes over time:
Recent analysis shows a strong buy bias for CREDITACC, encouraging investors to view it as a solid investment option. The positive sentiment surrounding CREDITACC suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
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