Added to YB: 2024-12-17
Pitch date: 2024-12-15
CREDITACC.NS [bullish]
CreditAccess Grameen Limited
+43.16%
current return
Author Info
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Company Info
CreditAccess Grameen Limited, a non-banking financial company, provides micro finance services for women from poor and low income households in India.
Market Cap
INR 142.8B
Pitch Price
INR 900.00
Price Target
1.7K (+36%)
Dividend
1.11%
EV/EBITDA
N/A
P/E
10.78
EV/Sales
N/A
Sector
Consumer Finance
Category
value
CreditAccess Grameen [NSE:CREDITACC] - low-cost, customer-centric microlending at scale
CREDITACC.NS: Best-run MFI in India, 6% market share, 15% avg ROE. Low interest rates, high customer retention (84-88%). 20-25% CAGR guided for next 4-5 years. Risks: unsecured loans, state concentration. Valuation: Base case 15% IRR, bull case could double. Trading below historical multiples.
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