NSE: SURYODAY BSE: 543279 SECTOR: Bank - Private 42k 67 24
₹ 146.9
₹ 143.85
₹ 149.75
₹ 77
₹ 1535.06 Cr.
18.81
10.62 Cr.
19.76
0.97
₹ 10
0 %
₹ 149.28
₹ 584.46 Cr.
60.93
23.3 %
₹ 7.32
37.86
-6.04 %
0.05%
-884.72 %
Add Your Ratio
The company is present in 6 Indices.
NIFTYMICRO250
NIFTYTOTALMCAP
SMLCAP
ALLCAP
FIN
S&P MIDSMLCAP
Track the companies of Group.
Holding Value: 0 Cr.
As of March2023
Holding Value: 28.92 Cr.
The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.
The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.
Let’s look at how Suryoday Small Finan is performing and if it is the right time to buy the stock of Suryoday Small Finan with detailed analysis.
For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Suryoday Small Finan has earned Rs 941.821 Cr. revenue in the latest financial year. It has posted outstanding revenue growth of 48.6232958878999 % in last 3 Years.
In terms of advances, the bank reported 19.2859140748775 % YOY, rise . If you see 3 years advance growth, it stands at 44.4894475118011 %.
Currently the company has a CASA ratio of 18.8056320818577 %. It’s overall cost of liability stands at 5.58283942368364 %. Also, the total deposits from these accounts stood at Rs 3849.802 Cr.
The Bank has a Poor ROA track record. The ROA of Suryoday Small Finan is at -1.24940836353411 %.
The Lender is inefficiently managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 11.8 % and 5.97 % respectively as on the latest financial year.
One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is positive at 168.192034461549 % which means it has increased from the previous year.
Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of Suryoday Small Finan surged and is currently at Rs 93.5584 Cr.
The company has a Good Capital Adequacy Ratio of 37.86 .
The best metric which provides insights about bank’s valuation is P/B ratio. Currently Suryoday Small Finan is trading at a P/B of 0.967 . The historical average PB was 0.490731312231322.