Short Term to Long Term Chart Analysis of CreditAccess Grameen.

7 Nov

Hello Everyone, I hope you all will be doing good in your life and your trading as well, today i have brought a stock which has come at important support zone right now, I already have mention everything on chart, but let's discuss here as well in details. If you Check Stock is corrected almost 46% from all time high (1796) zone and made low at (911), today's closing is (947.35).

Currently stock is giving very good opportunity to accumulate on discounted price and hold for long term, This can be SIP stock also if anybody wants to do in it. we might not gonna to see these prices again.

Let's talk about some fundamentals

1:- P/E ratio is 11.34

2:- P/E ratio is 11.34 which is lower than it's 5 years Average P/E 31.77

3:- P/B ratio is 2.1655 which is lower than it's 5 years Average P/B 2.57

4:- P/E ratio is 11.3434 which is lower than it's Industry P/E 24.11

5:- Interest Coverage ratio 2.12 is higher than last year's Interest Coverage Ratio 1.91

6:- ROCE is 14.76%

7:- ROCE 14.76% has increased as compared to last year's ROCE 12.06%

8:- ROE is 24.87%

9:- ROE 14.76% has increased as compared to last year's ROE 12.06%

10:- ROCE 14.76% is higher than 5 years ROCE average 11.01%

11:- ROE 24.87% is higher than 5 years ROE average 13.81%

12:- PEG ratio is 0.25

13:- Operating Profit Margin (EBITDA Margin) is 72.05%

14:- Operating Profit Margin (EBITDA Margin) 72.05% has improved as compared to last year's OPM 66.73%

15:- Company is expected to give good quarter

16:- NPM is 27.99%

17:- Net Profit Margin (PAT Margin) 27.99% has improved as compared to last year's NPM 23.3%

18:- Dividend Yield is 1.05%

19:- Annual Sales has grown by 45.74%

20:- Annual Profit has grown over by 75.06%

21:- 3 Years Sales CAGR is 44.73%

22:- 3 Years Profit CAGR is 62.98%

23:- Quarterly Sales has grown over by 16.55% YoY

24:- Retail/Public have reduced their stakes by 1.39% in the latest quarter (16.25% to 14.86%)

25:- Promoters + FIIs + DIIs hold 92.16% in the company


Market Leader
The company is India’s largest NBFC Microfinance Institution with a total gross loan portfolio of Rs. ~26,700 Cr in FY24 vs Rs. ~16,500 Cr in FY22. It holds a 6% market share in the overall microfinance industry.

Customers
As of FY24, the company has an active borrower base of ~49 lakhs vs 38 lakhs in FY22. Rural borrowers account for ~84% of its total borrower base, ~28% are unique borrowers of the company.

Branch Network
As of FY24, the company has a network of ~1,960 branches (vs ~1,600 branches in FY22) across 16 States, 1 UT, and 383 Districts.

Outlook
The company expects a loan portfolio growth of 23% to 24% in FY25 and an NIM of 12.8% to 12.9%. Over FY25 to FY28, it anticipates a loan portfolio growth of 20% to 25%, and NIMs in the range of 12.7% to 12.9%.


Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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