CreditAccess Grameen

CreditAccess Grameen share price fell up to 7 per cent today after Q2 results showed slower growth recovery. Analysts, however, remain positive on long-term AUM and profitability outlook

Microfinance lender sees profit decline amid higher write-offs, but net interest income and margins show sequential improvement

The management holds an encouraging outlook for the current financial year with favourable monsoon forecasts and strengthening rural sentiment laying the groundwork for sectoral development.

MFI stocks india list: As the MFI industry navigates through the transitional phase, Avendus lists why it is bullish on the sector from a medium-to-long term perspective, and what should investors do

While the microfinance industry (MFI) is still navigating stress, JM Financial believes CreditAccess Grameen is best positioned to recover early

CreditAccess Grameen's Q1 FY26 net profit dropped 85% YoY, attributed to lower net interest income and higher provisioning. However, sequentially, the profit rose by 27.5%

CreditAccess Grameen outlook: A trend reversal is on the horizon in the MFI sector and is expected to play out over the next couple of quarters, with the sector likely nearing normalization by H2FY26.

The funding comes through a syndicated loan facility, meaning multiple banks pooled in to provide the loaned amount

The GCS is expected to serve as a supplementary tool to existing credit bureaus, allowing banks, microfinance institutions, and other lenders to better evaluate the creditworthiness of rural borrowers

The lender plans to raise the retail loan share from 6% to 15% by FY28, with a shift to secured lending like housing and business loans amid pressure on microfinance

CreditAccess Grameen's stock fell as much as 5.95 per cent after the lender posted an 88 per cent fall in its Q4 profit.

Net profit drops to ₹47.2 crore in Q4FY25 due to accelerated write-offs, even as FY25 profit rises 63.2%; lender targets up to 18 per cent loan growth in FY26

CreditAccess Grameen reported stable collection efficiency trends in Q4FY25

Company expresses concern about business growth in Karnataka where it has its headquarters

CreditAccess, L&T Fin, RBL Bank, Poonawalla Fincorp, Five-Star Business Finance, Ujjivan SFB, Shriram Finance, Cholamandalam, M&M Financial, AU SFB and Bandhan Bank were up in the range of 4% - 15%.

CreditAccess Grameen shares: Spandana Sphoorty share price gained 3.6 per cent intraday today; Equitas Small Finance Bank 2.2 per cent; IndusInd Bank 1.9 per cent; and Ujjivan SFB 1 per cent

Among the standout performers, GE Vernova T&D India surged a staggering 318.2 percent, closing at Rs 2,104.9 on December 24. KFin Technologies also made a giant leap, climbing 206 per cent to Rs 1,477

Thus far in the calendar year 2024, the market price of CreditAccess Grameen has plunged 46 per cent, as compared to 10 per cent rally in the BSE Sensex.

The fall in CreditAccess Grameen share price came after the company's disbursements dropped 19% annually to Rs 4,004 cr in Q2FY25, from Rs 4,966 crore in Q2FY24.

The microfinance industry is currently facing a significant rise in delinquencies, primarily driven by increasing borrower indebtedness, apart from other factors.