Suryoday Small Finan

Suryoday Small Finance Bank Ltd.

NSE: SURYODAY BSE: 543279 SECTOR: Bank - Private  42k   67   24

144.60
+1.10 (0.77%)
NSE: Today, 09:54 AM

Price Summary

Today's High

₹ 146.9

Today's Low

₹ 143.85

52 Week High

₹ 149.75

52 Week Low

₹ 77

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 1535.06 Cr.

CASA %

18.81

No. of Shares

10.62 Cr.

P/E

19.76

P/B

0.97

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  149.28

Net Interest Income

₹ 584.46 Cr.

Cost To Income %

60.93

Promoter Holding

23.3 %

EPS (TTM)

₹  7.32

CAR %

37.86

ROE

-6.04 %

ROCE

0.05%

Profit Growth

-884.72 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

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PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

ROE%

1 Year-6.04%
3 Year2.11%
5 Year4.11%

ROA%

1 Year-1.25%
3 Year0.46%
5 Year0.97%

Net NPA%

1 Year5.97%
3 Year3.76%
5 Year2.71%

 NIM

1 Year7.51%
3 Year7.78%
5 Year8.1%

CAR %

37.86

Cost of Liabilities %

5.58283942368364

PEG Ratio

NA

Advances Growth %

19.2859140748775

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 23.3 25.43
Dec 2022 23.3 25.43
Sep 2022 28.01 33.94
Jun 2022 28.01 37.97
Mar 2022 28.01 37.97
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has been consistently maintaining a NIM of 7.78024377038264% since last 3 years.
  • Good Capital Adequacy Ratio of 37.86%.
  • The company has delivered good Income growth of 48.6232958878999% over the past 3 years.
  • Strong Advances growth of 44.4894475118011% in the last 3 years.

 Limitations

  • Net NPA has increased by 1.24% YoY
  • The bank has a very low ROA track record. Average ROA of 3 years is 0.45938106983983%
  • Company has a low ROE of 2.10862780088913% over the last 3 years.
  • The Bank has a high NPA ; Average NPA of the last 3 years stands at 3.75666666666667%.
  • Low CASA Ratio of 18.8056320818577%.
  • Low other Income proportion of 9.93377722518398%.
  • High Cost to income ratio of 60.9285911710994%.
  • The company has delivered poor Profit Growth of -309.448015114028% over the past 3 years.
  • Increase in Provision and contingencies of 168.192034461549% on YoY.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Interest Earned 236.58 281.45 281.04 291.75 329.44
Other Income 19.97 13.15 24.66 25.65 33.97
Interest Expended 90.16 104.37 105.11 108.3 119.33
Operating Expenses 117.95 110.81 107.49 145.85 142.38
Total Provisions 112.07 69.31 76.14 39.68 51.47
Profit Before Tax -63.63 10.11 16.96 23.57 50.23
Tax -15.51 2.36 3.96 5.52 11.32
Net Profit -48.12 7.75 13 18.05 38.91
Net NPA % 5.97 5.02 4.76 2.74 1.55
Gross NPA % 11.8 10.03 9.9 4.23 3.13
Return on Assets % -0.62 0.09 0.15 0.21 0.41
NPM % -20.34 2.75 4.63 6.19 11.81

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2017 Mar 2018 Mar 2020 Mar 2021 Mar 2022
Interest Earned 253.64 286.88 766.68 776.15 941.82
Other Income 1.15 38.04 87.45 76.4 93.56
Interest Expended 115.21 123.15 276.18 365.65 357.37
Operating Expenses 101.79 131.38 272.12 328.64 413.1
Total Provisions 13.95 54.66 151.86 146.16 391.98
Profit Before Tax 23.85 15.74 153.98 12.1 -127.07
Taxes 8.75 5.61 43.04 0.24 -34.04
Net Profit 15.1 10.13 110.94 11.86 -93.03
Adjusted EPS (Rs.) 2.36 1.5 12.81 1.12 -8.76

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 64.06 67.5 86.59 106.13 106.16
Total Reserves 435.54 468.86 972.53 1480.66 1389.75
Deposits 22.06 749.52 2848.71 3255.68 3849.8
Borrowings 1021.58 717.83 1264.62 1666.62 2551.34
Other Liabilities 60 156.39 184.96 192.79 273.93
Total Liabilities 1604.21 2163.5 5364.52 6711.99 8180.18
Assets
Balance with RBI 26.67 30.82 60.53 102.8 159.45
Balance with Banks 107.25 176.34 777.07 493.84 818.24
Investments 593.93 311.34 808.2 1873.7 2057.68
Advances 819.65 1574.95 3531.94 3982.77 4750.88
Net Block 5.85 12.71 30.49 34.95 66.03
Other Assets 48.92 56.51 148.05 215.66 278.68
Total Assets 1604.21 2163.5 5364.52 6711.99 8180.18
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 28.01 28.01 28.01 23.30 23.30
p surendra pai 12.74 2.28 2.28 2.28 2.28
baskar babu ramach... 10.65 10.65 10.65 5.94 5.94
sheela pai cole - 4.18 4.18 4.18 4.18
sunaina pai ocalan - 4.18 4.18 4.18 4.18
peruvamba subraman... 3.33 3.33 3.33 3.33 3.33
promoter - - 3.33 - -
savita surendra pai - 2.09 2.09 2.09 2.09
peruvamba estates ... 0.78 0.78 0.78 0.78 0.78
gealgeo v alankara 0.51 0.51 0.51 0.51 0.51
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 71.99 71.99 71.99 76.70 76.70
responsability par... 3.84 3.84 3.84 3.84 3.84
axis mutual fund t... 4.56 - - - -
axis mutual fund t... - 4.56 - - -
axis mutual fund t... - - 4.56 - 4.56
axis mutual fund t... - - - 4.56 -
kuber india fund 4.00 4.00 - - -
troo capital ltd - - 3.77 2.61 -
hdfc life insuranc... 3.42 2.92 2.92 2.92 2.92
evolvence india fu... 3.46 3.46 3.46 3.46 3.46
gaja capital fund ... 3.46 3.46 3.46 3.46 3.46
sbi life insurance... 3.43 3.43 3.43 3.43 3.43
deg-deutsche inves... 3.31 3.31 - - -
deg-deutsche inves... - - 3.31 3.31 3.31
teachers insurance... 3.27 3.27 3.27 3.27 -
teachers insurance... - - - - 3.27
dwm (international... 3.16 3.16 3.16 3.16 3.16
ask pravi private ... 2.78 2.78 2.78 2.78 2.78
lok capital growth... 2.64 2.64 2.64 2.64 2.64
mukul mahavir agra... - - - 1.88 1.88
americorp ventures... 1.67 - - - -
tvs shriram growth... 1.57 1.57 1.57 1.57 -
jhelum investment ... 1.51 1.51 1.51 1.51 1.48
hdfc holdings limi... 1.49 1.49 1.49 1.49 1.49
icici prudential l... 1.31 1.31 1.31 1.31 1.31
dolly khanna - 1.16 - - -
1729 capital - - - - 1.15
kiran vyapar ltd - - 1.11 1.11 1.11
americorp ventures... - 1.05 - - -
kiran vyapar limit... 1.02 1.02 - - -
dishant milanbhai ... - - - - 1.02

Annual Reports

Ratings & Research Reports

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Company Presentations

Company News

Suryoday Small Finance Bank turns black in Q416 May 2023, 12:40PM Suryoday Small Finan - Quaterly Results15 May 2023, 7:42PM Suryoday Small Finan - Quaterly Results15 May 2023, 7:42PM Suryoday Small Finance Bank reports 34% growth in total deposits for Q4FY234 Apr 2023, 12:01PM Suryoday Small Finance Bank informs about disclosure 25 Mar 2023, 11:05AM Suryoday Small Finance Bank informs about investor meet17 Feb 2023, 5:11PM Suryoday Small Finan - Quaterly Results9 Feb 2023, 7:09PM Suryoday Small Finan - Quaterly Results9 Feb 2023, 7:09PM Suryoday Small Finance Bank informs about board meeting24 Jan 2023, 2:13PM Suryoday Small Finance Bank logs 48% growth in total deposits during Q3FY235 Jan 2023, 3:12PM Suryoday Small Finance Bank informs about trading window closure31 Dec 2022, 3:21PM Suryoday Small Finance Bank informs about disclosure24 Dec 2022, 2:17PM Suryoday Small Finance Bank informs about disclosure24 Dec 2022, 10:06AM Suryoday Small Finance Bank informs about disclosure 20 Dec 2022, 11:14AM Suryoday Small Finance Bank informs about analyst meet30 Nov 2022, 4:12PM Suryoday Small Finan - Quaterly Results11 Nov 2022, 5:32PM Suryoday Small Finan - Quaterly Results11 Nov 2022, 5:32PM Suryoday Small Finance Bank reports 37% growth in total deposit for Q2 FY2310 Oct 2022, 4:57PM Suryoday Small Finance Bank informs about newspaper publication 6 Aug 2022, 3:55PM Suryoday Small Finan - Quaterly Results4 Aug 2022, 8:09PM Suryoday Small Finan - Quaterly Results4 Aug 2022, 8:09PM RBI imposes monetary penalty on Suryoday Small Finance Bank25 Jul 2022, 10:29AM Suryoday Small Finance Bank posts 21% growth in total deposits in Q1FY2312 Jul 2022, 12:01PM Suryoday Small Finance Bank informs about investor meet31 May 2022, 4:13PM Suryoday Small Finance Bank informs about investors presentation20 May 2022, 9:46AM Suryoday Small Finan - Quaterly Results19 May 2022, 6:24PM Suryoday Small Finan - Quaterly Results19 May 2022, 6:24PM Suryoday Small Finan - Quaterly Results19 May 2022, 6:24PM Suryoday Small Finance Bank partners with Kyndryl25 Apr 2022, 3:28PM Suryoday Small Finance Bank’s total deposits rises 18% in Q4FY2211 Apr 2022, 2:13PM Suryoday Small Finance Bank informs about clarification29 Mar 2022, 9:26AM Suryoday Small Finance Bank’s gross advances rise 24.7% in Q3FY224 Feb 2022, 2:25PM Suryoday Small Finan - Quaterly Results3 Feb 2022, 7:32PM Suryoday Small Finan - Quaterly Results3 Feb 2022, 7:32PM Suryoday Small Finance Bank informs about allotment of equity shares under ESOP27 Jan 2022, 5:25PM Suryoday Small Finance Bank reports marginal fall in total deposits in Q3FY2210 Jan 2022, 3:57PM Suryoday Small Finance Bank informs about institutional investor meet8 Dec 2021, 4:14PM Suryoday Small Finance Bank informs about disclosure18 Nov 2021, 12:24PM Suryoday Small Finance Bank’s deposits marginally fall in Q2FY2212 Oct 2021, 3:25PM Suryoday Small Finance Bank informs about analyst meet 15 Sep 2021, 5:22PM Suryoday Small Finance Bank informs about analyst meet4 Sep 2021, 2:08PM Suryoday Small Finance Bank informs about approval of unaudited financial results 12 Aug 2021, 5:31PM Suryoday Small Finance Bank informs about disclosure19 Jul 2021, 2:31PM Suryoday Small Finance Bank informs about annual secretarial compliance report 18 Jun 2021, 12:54PM Suryoday Small Finance Bank coming with an IPO to raise Rs 582 crore16 Mar 2021, 5:39PM

Suryoday Small Finan Stock Price Analysis and Quick Research Report. Is Suryoday Small Finan an attractive stock to invest in?

 

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.

Brief about Suryoday Small Finan

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