Is Suryoday Small Finance Bank a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Suryoday Small Finance Bank Ltd is a average quality company .

Is Suryoday Small Finance Bank undervalued or overvalued?

The key valuation ratios of Suryoday Small Finance Bank Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Suryoday Small Finance Bank share price return in the past 10 years?

Data is not available for this company

Is Suryoday Small Finance Bank a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Suryoday Small Finance Bank Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Suryoday Small Finance Bank?

The latest standalone P/E ratio of Suryoday Small Finance Bank as of 05-Nov-2024 is 6.74.

What is the P/B ratio of Suryoday Small Finance Bank?

The latest standalone P/B ratio of Suryoday Small Finance Bank as of 05-Nov-2024 is 0.82.

Suryoday Small Finance Bank Ltd - Stock Valuation and Financial Performance

Name: Suryoday Small Finance Bank
Brand: Suryoday Small Finance Bank

BSE: 543279 | NSE: SURYODAY | Bank - Private | Small Cap

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Suryoday Small Finan Share Price

₹151.20 2.25 1.51%
as on 05-Nov'24 00:00

10 Year X-Ray of Suryoday Small Finan:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Net Interest Income (₹ Cr.)	55.5	104	138	164	339	491	411	584	747	962	1,110
YoY Gr. Rt. %	-	87.4%	33.1%	18.3%	106.9%	44.8%	-16.3%	42.4%	27.7%	28.9%	-
Total Income	118	200	255	325	597	854	853	1,035	1,281	1,808	2,085
YoY Gr. Rt. %	-	69.1%	27.4%	27.5%	83.7%	43.1%	-0.2%	21.5%	23.7%	41.1%	-
Adj EPS (₹ )	5.1	7.2	2.4	1.5	10.6	12.8	1.1	-8.8	7.3	20.3	22
YoY Gr. Rt. %	-	40.1%	-67%	-36.4%	607.3%	20.7%	-91.3%	-882.1%	NA	177.9%	-
BVPS (₹ )	39.8	51.3	78	79.5	107.4	122.3	149.5	140.9	148.5	169	181.2
YoY Gr. Rt. %	-	28.8%	51.9%	1.9%	35.1%	13.9%	22.2%	-5.8%	5.4%	13.9%	-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)	2.9	2.8	1.1	0.5	2.9	2.4	0.2	-1.3	0.9	1.9	1.7
To view Net NPA to Net Advances (%) Colour Rating Guide click here ⓘ
Net NPA to Net Advances (%)	0	0	3.8	1.9	0.4	0.6	4.7	6	1.6	0.9	0.8
To view Capital Adequacy Ratio (%) Colour Rating Guide click here ⓘ
Capital Adequacy Ratio (%)	-	-	-	-	-	-	-	-	-	-	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Net Interest Income	37.3%	23.2%	32.8%	28.9%
Total Income	35.4%	24.8%	28.5%	41.1%
Adj EPS	16.6%	13.9%	162.9%	177.9%
BVPS	17.4%	9.5%	4.2%	13.9%
Share Price	-	-	-5%	-2.5%

Key Financial Ratios


RATIOS \ YEARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Interest Earned / Total Income	93.46	99.39	99.55	88.29	88.79	89.76	91.04	90.96	92.4	87.87	88.8
Margins	To view Margins Colour Rating Guide click here ⓘ
NIM (%)	7.8	9	9	7.8	9.4	9.5	6.4	7.5	7.9	8.1	8.2
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	15.4	16.7	4.3	2	12.3	11.5	0.9	-6	5.1	12.8	12.1
Liquidity Ratio	To view Liquidity Ratio Colour Rating Guide click here ⓘ
CASA (%)	0	0	8.3	11	11.3	11.5	15.5	18.8	17.1	20.1	-

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.60%

Total Income has increased 28.48 CAGR in last 3 years

Net Profit has increased 162.85 CAGR in last 3 years

Net NPA to Net Advances has declined versus last 3 years average

Total income growth is good in last 4 quarters

No data to display

Latest Financials - Suryoday Small Finance Bank Ltd.

	Standalone	Consolidated
TTM EPS (₹)	22	-
TTM Sales (₹ Cr.)	1,851	-
BVPS (₹.) ⓘ	181.2	-
Reserves (₹ Cr.) ⓘ	1,819	-
P/BV ⓘ	0.82	-
PE ⓘ	6.74	-

From the Market
52 Week Low / High (₹)	130.65 / 219.55
All Time Low / High (₹)	77.20 / 295.95
Market Cap (₹ Cr.)	1,574
Equity (₹ Cr.)	106.3
Face Value (₹)	10
Industry PE ⓘ	17.6

Management X-Ray of Suryoday Small Finan:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

37.97

25.43

22.45

22.53

* Pledged shares as % of Promoter's holding (%)

Valuation of Suryoday Small Finan

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Suryoday Small Finan

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income	118	200	255	325	597	854	853	1,035	1,281	1,808
Interest Income	111	199	254	287	530	767	776	942	1,184	1,589
Other Income ⓘ	8	1	1	38	67	87	76	94	97	219
Expenditure	101	173	240	315	510	743	841	1,128	1,203	1,592
Interest Expense	55	95	115	123	191	276	366	357	437	626
Operating Expenses	35	59	102	131	194	272	329	413	507	728
Provisions	11	19	23	60	126	195	146	358	260	238
Profit Before Tax	25	42	24	16	138	154	12	-127	101	288
Taxes	9	14	9	6	52	43	0	-34	23	72
Profit After Tax	17	27	15	10	87	111	12	-93	78	216
Adjusted EPS (₹)	5.11	7.16	2.36	1.50	10.61	12.81	1.12	-8.76	7.32	20.34
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Share Capital ⓘ	33	38	64	67	82	87	106	106	106	106
Total Reserves ⓘ	98	158	436	469	794	973	1,481	1,390	1,470	1,689
Minority Interest	0	0	0	0	0	0	0	0	0	0
Deposits	0	0	22	750	1,593	2,849	3,256	3,854	5,167	7,777
Borrowings ⓘ	298	956	1,022	718	1,124	1,265	1,667	2,551	2,765	2,443
Other Liabilities	328	40	61	160	168	192	203	279	353	363
Total Liabilities ⓘ	757	1,193	1,604	2,164	3,761	5,365	6,712	8,180	9,861	12,378
Assets
Balance with RBI	0	2	27	31	48	61	103	607	784	814
Balance with Banks	167	171	107	176	228	777	494	370	41	366
Investments ⓘ	1	0	594	311	664	808	1,874	2,058	2,570	2,599
Advances	544	983	820	1,575	2,680	3,532	3,983	4,751	6,015	8,078
Net Block ⓘ	2	2	6	13	18	30	35	66	163	152
Other Assets	43	35	49	57	122	148	216	279	286	352
Total Assets ⓘ	757	1,193	1,604	2,164	3,761	5,365	6,712	8,180	9,861	12,378

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-144	-350	-231	458	-548	526	-876	-347	-98	935
Cash Flow From Investing Activity ⓘ	3	-2	-158	-84	-14	-167	-280	-158	-266	-263
Cash Flow From Financing Activity ⓘ	214	399	350	-285	658	210	915	885	213	-322
Net Cash Flow ⓘ	72	47	-39	88	97	569	-241	381	-150	349

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational & Financial Ratios
EPS (₹)	5	7	2	2	11	13	1	-9	7	20
DPS (₹)	0	0	0	0	0	0	0	0	0	0
BVPS (₹)	40	51	78	79	107	122	150	141	148	169
Margin Ratios
Yield on Advances (%)	20.3	20.2	31.0	18.2	19.8	21.7	19.5	19.8	19.7	19.7
Yield on Investments (%)	0.0	1,159.8	1.6	8.0	5.7	7.4	4.9	5.1	4.5	7.2
Cost of Liabilities (%)	18.5	9.9	11.0	8.4	7.0	6.7	7.4	5.6	5.5	6.1
NIM (%)	7.8	9.0	9.0	7.8	9.4	9.5	6.4	7.5	7.9	8.1
Interest Spread (%)	1.8	10.3	19.9	9.8	12.7	15.0	12.1	14.2	14.2	13.5
Performance Ratios
ROA (%)	2.9	2.8	1.1	0.5	2.9	2.4	0.2	-1.3	0.9	1.9
ROE (%)	15.4	16.7	4.3	2.0	12.3	11.5	0.9	-6.0	5.1	12.8
ROCE (%)	25.6	17.3	10.4	8.2	15.1	11.5	5.0	0.1	6.3	11.1
Efficiency Ratios
Cost to Income Ratio (%)	55.9	56.0	72.9	65.1	47.7	47.1	67.5	60.9	60.0	61.6
Operating Costs to Assets (%)	4.7	4.9	6.3	6.1	5.2	5.1	4.9	5.1	5.1	5.9
Valuation Parameters
Price/Book(x)	0.0	0.0	0.0	0.0	0.0	0.0	1.8	0.6	0.6	1.0

Suryoday Small Finance Bank Ltd Stock News

Suryoday Small Finance Bank Ltd FAQs

What is the share price of Suryoday Small Finan?

Company share prices are keep on changing according to the market conditions. The closing price of Suryoday Small Finan on 05-Nov-2024 00:00 is ₹151.2.

What is the market cap of Suryoday Small Finan?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 05-Nov-2024 00:00 the market cap of Suryoday Small Finan stood at ₹1,573.5.

What is the P/E ratio of Suryoday Small Finan?

The latest P/E ratio of Suryoday Small Finan as of 05-Nov-2024 00:00 is 6.74.

What is the P/B ratio of Suryoday Small Finan?

The latest P/B ratio of Suryoday Small Finan as of 05-Nov-2024 00:00 is 0.82.

What is the 52-week high and low of Suryoday Small Finan?

The 52-week high of Suryoday Small Finan is ₹219.6 and the 52-week low is ₹130.7.

What is the TTM revenue of Suryoday Small Finan?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Suryoday Small Finan is ₹1,851 ( Cr.) .

About Suryoday Small Finance Bank Ltd

The bank was among the leading Small Finance Banks (SFBs) in India in terms of net interest margins, return on assets, yields and deposit growth. It has for over a decade been serving customers in the unbanked and underbanked segments in India and promoting financial inclusion. The bank commenced its microfinance operations in 2009 and has since expanded its operations across several states and union territories. Its delivery platform also includes partnering with business correspondents (BCs) for sourcing both asset and liability business and has expanded its network and presence through their reach to promote financial inclusion. It has arrangements with various payment banks in India and has been able to leverage its relationship with such payment banks to grow its deposit base. Its distribution network also comprises its ATMs, phone banking, mobile banking, tablet banking, unified payment interface, CSPs, and internet banking services.

Business area of the bank

The bank currently offers a variety of asset and liability products and services designed for inclusive finance and general banking customers. Its asset products consist of its inclusive finance portfolio (comprising loans to JLG customers), commercial vehicle loans, affordable housing loans, micro business loans, unsecured micro and small enterprise and small and medium enterprise loans, secured business loans, financial intermediary group loans and other loans. The bank has leveraged the use of technology across all aspects of its operations. In particular, it uses digital technology for customer acquisition and also customer lifecycle management. Its employees use tablets to service customers in the unbanked and underbanked segments which has led to greater customer convenience and improved operational efficiency. It also has a robust back-end operating system supported by its core banking system and document management system.

Major events and milestones

2008: Incorporation of Suryoday Micro Finance, founded and promoted by Baskar Babu Ramachandran, Ganesh Rao and V. L. Ramakrishnan.
2009: Received RBI license for establishing an NBFC and commenced microfinance operations.
2009: Investment by Aavishkaar Goodwell India Micro Finance Development Company Limited in Bank.
2012: Investment from HDFC Holdings Limited and HDFC Standard Life Insurance Company Limited in Bank.
2013: Investment by Lok Capital II LLC in Bank.
2014: Investment by IFC in Bank.
2014: Received listing permission from BSE in wholesale debt segment to issue debt securities.
2015: We became a public limited company in June 2015.
2015: 159 branches and 0.49 million customers as on March 31, 2015.
2015: Received in-principle approval from RBI to establish an SFB.
2015: Investment by DWM (International) Mauritius in Bank.
2016: Received RBI final Approval to commence its SFB operations.
2017: Commenced operations as an SFB in January 2017.
2017: Included in second schedule to the RBI Act.
2018: A new cluster of retail assets to provide finance for commercial vehicles, housing, MSME and loan against property upon initiating SFB operations.
2019: Investments by DEG in Bank.
2020: Investments by Kotak Mahindra Life Insurance Company Limited and Teachers Insurance and Annuity Association of America in Bank.