CreditAccess Grameen Ltd.

The total asset value of CreditAccess Grameen Ltd. stood at ₹ 23,954 Cr as on 30-Sep-23

The share price of CreditAccess Grameen Ltd. is ₹1,704.80 (NSE) and ₹1,704.40 (BSE) as of 08-Dec-2023 IST. CreditAccess Grameen Ltd. has given a return of 29.08% in the last 3 years.

CreditAccess Grameen Ltd. has a market capitalisation of ₹ 27,130 Cr as on 08-Dec-2023. As per Value Research classification, it is a Mid Cap company.

The P/B ratio of CreditAccess Grameen Ltd. is 4.68 times as on 08-Dec-2023, a 2.23% premium to its peers’ median range of 1.45 times.

The P/E ratio of CreditAccess Grameen Ltd. is 22.53 times as on 08-Dec-2023, a -0.14% premium to its peers’ median range of 26.15 times.

Step 1. Open a demat account through a broker. You would need to provide your email, PAN, bank account details, aadhar details, etc., for KYC
Step 2. Sign in to the broker’s application through a mobile app or website. Use the Login ID and password provided by your broker.
Step 3. Transfer funds from your bank account into the wallet present in your brokerage account.
Step 4. Search for the CreditAccess Grameen Ltd. and enter the required number of quantities and click on buy to purchase the shares of CreditAccess Grameen Ltd..

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 is a subsidiary of CreditAccess India NV.

The promoter of CreditAccess Grameen Ltd. is CREDITACCESS INDIA B.V.. CREDITACCESS INDIA B.V. owns 66.69 per cent of the total equity. The chairman of the company is George Joseph , and the managing director is Udaya Kumar Hebbar..

The promoters of CreditAccess Grameen Ltd. have pledged 0% of the total equity as on Sep-23.

Some of the close peers are:

Yes, TTM profit after tax of CreditAccess Grameen Ltd. was ₹1,204 Cr.