| Proposed Fund Raise | ₹5,000 CrNCD Private Placement |
|---|---|
| Market Cap | ₹2,570 CrMFI Sector |
| PE TTM | 7.74Sector PE 23.46 |
| Quarterly Net Profit | ₹162.02 Cr640% YoY Growth |
| Execution period | 1 year |
| Deal value | ₹5,000 Cr |
| Share of market cap | 194.5% |
Key highlights
- Board approved issuance of NCDs aggregating up to ₹5,000 Crore in one or more tranches
- Fundraising will be conducted on a private placement basis within 12 months of shareholder approval
- Shareholders to vote on the proposal at the 36th Annual General Meeting on August 7, 2026
- Mr. Vikas Gupta re-appointed as Chief Compliance Officer for a three-year term through July 2029
- Company reported a 640.05 percent year-on-year surge in quarterly net profit to ₹162.02 Crore
Details of the Fund Raise
The board of Satin Creditcare Network has approved the issuance of Non-Convertible Debentures aggregating up to ₹5,000 Crore. These securities will be issued in one or more tranches on a private placement basis within 12 months following shareholder approval. The proposal is set for a vote at the company’s 36th Annual General Meeting, scheduled for August 7, 2026.
The Working Committee of the Board will determine specific terms, including pricing, tenure, and allotment dates for each tranche at the time of finalization to align with market conditions and capital requirements.
Leadership and Governance Update
In addition to the capital raising initiative, the board confirmed the re-appointment of Mr. Vikas Gupta as Chief Compliance Officer for a second term of three years, effective July 11, 2026. Gupta, who also serves as Company Secretary, has over 18 years of experience in secretarial and compliance functions within the financial sector.
This leadership continuity comes as the firm maintains its growth trajectory, having reported a significant 640.05 percent year-on-year increase in quarterly net profit and a 48.05 percent rise in operating revenue during the previous reporting period.
Business Overview
- Leading microfinance institution providing financial services to rural and semi-urban households through joint liability group lending models
- Diversified product portfolio includes MSME loans, water and sanitation financing, and secured business loans
- Extensive operational presence across 24 states and union territories in India with a focus on underbanked regions
- Maintains a strong Durability score of 65 and a Momentum score of 64.58 as a Strong Performer in the MFI space
Financial and Industry Context
The company's current valuation remains attractive with a price-to-earnings ratio of 7.74, which sits significantly below the industry average of 26.56. Annual operating revenue grew by 21.48 percent year-on-year to reach ₹3,143.03 Crore, while the return on equity stands at 11.6 percent. This fundraise via NCDs follows a broader trend in the microfinance sector where institutions are securing long-term debt to expand loan books amidst rising rural demand.
The firm currently maintains a Piotroski Score of 6, indicating stable financial health as it enters this new capital expansion phase.
| Share price | ₹232.65 |
|---|---|
| Market capitalisation | ₹2,570.11 Cr |
| Revenue (annual) | ₹3,143.03 Cr |
| Net profit (annual) | ₹332.19 Cr |
| Revenue (latest quarter) | ₹919.50 Cr+23.01% vs previous quarter |
| Net profit (latest quarter) | ₹162.02 Cr+125.32% vs previous quarter |
| P/E (TTM) | 7.74×Sector 23.46× |
| Promoter holding | 36.17%0.00% QoQ |
| FII holding | 3.52%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Satin Creditcare Network Ltd announcing the outcome of the Board Meeting held on June 23, 2026. Market figures from a third-party data provider.
