| Sector |
Banking
|
Compare with Sector peers |
| Industry |
Bank - Private
|
Compare with Industry peers |
| Website | http://www.suryodaybank.com | |
| Market Cap | 1,142.80 Cr. | |
| Enterprise Value(EV) | Cr. | - |
| Financial Indicators | ||
|---|---|---|
| Earnings per share (EPS) | -8.76 | Trailing Twelve Months Ending 2022-03 |
| Price-Earning Ratio (PE) | - | Trailing Twelve Months Ending 2022-03 |
| Industry PE | 20.40 | Trailing Twelve Months Ending 2022-03 |
| Book Value / Share | 141.78 | Trailing Twelve Months Ending 2022-03 |
| Price to Book Value | 0.76 | Calculated using Price: 107.65 |
| Dividend Yield | 0.00 | Period Ending 2021-03 |
| No. of Shares Subscribed | 10.62 Cr. | 106,158,749 Shares |
| FaceValue | 10 | |
| Company Profile | ||
|
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
|
||
Company Profile
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
| 1 Day |
|
-5.34% |
| 1 Week |
|
-15.09% |
| 1 Month |
|
-27.99% |
| 3 Month |
|
-2.17% |
| 6 Month |
|
-32.38% |
| 1 Year |
|
-54.53% |
| 2 Year |
|
|
| 5 Year |
|
|
| 10 Year |
|
| 8 years | 2014-03 | 2015-03 | 2016-03 | 2017-03 | 2018-03 | 2019-03 | 2020-03 | 2021-03 | |
| Return on Equity (%) | 10.11 | 15.42 | 16.73 | 4.34 | 1.95 | 12.26 | 11.47 | 0.90 | |
| Return on Assets (%) | 2.21 | 2.91 | 2.82 | 1.08 | 0.54 | 2.92 | 2.43 | 0.20 | |
| Net Interest Margin | 7.68 | 7.79 | 9.00 | 8.95 | 7.82 | 9.36 | 9.47 | 6.36 | |
| Interest Spread (%) | -6.40 | 1.84 | 10.32 | 19.91 | 9.82 | 12.74 | 14.99 | 12.06 | |
| Yield on Advances (%) | 18.97 | 20.34 | 20.23 | 30.95 | 18.22 | 19.78 | 21.71 | 19.49 |
| Particulars | 3 years | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2022-03* Rs. Cr. |
| Shh. Funds | 1,066 | 1,597 | 1,505 | |
| Minority Int. | ||||
| Deposits | 2,849 | 3,256 | 3,850 | |
| Borrowings | 1,265 | 1,667 | 2,551 | |
| Other Liab. | 185 | 193 | 274 | |
| Total Liab. | 5,365 | 6,712 | 8,180 | |
| Fixed Assets | 39 | 43 | 115 | |
| Investments | 808 | 1,874 | 2,058 | |
| Advances | 3,532 | 3,983 | 4,751 | |
| Cash & Bank | 838 | 597 | 978 | |
| Other Assets | 148 | 216 | 279 | |
| Total Assets | 5,365 | 6,712 | 8,180 |
| Particulars | 3 years | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2022-03 Rs. Cr. TTM |
| Interest Earned | 767 | 776 | 942 | |
| Other Income | 87 | 99 | 94 | |
| Total Income | 854 | 876 | 1,036 | |
| Operating Exp. | -272 | -329 | -413 | |
| Provisions | -152 | -169 | -393 | |
| PBIT | 430 | 378 | 230 | |
| Interest | -276 | -366 | -357 | |
| Tax | -43 | 0 | 34 | |
| PAT | 111 | 12 | -93 | |
| Adjusted EPS | 13 | 1 | -9 |
| Particulars | 2 years | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Cash Fr. Operatn. | 526 | -876 | |
| Cash Fr. Inv. | -167 | -280 | |
| Cash Fr. Finan. | 210 | 915 | |
| Net Change | 569 | -241 | |
| Cash & Cash Eqvt | 835 | 593 |
|
Tue, 24 May 2022
Announcement under Regulation 30 (LODR)-Resignation of Director Intimation of resignation of Mrs. Meena Hemchandra (DIN: 05337181) Non-executive Independent Director of the Bank with effect from May 23 2022. |
|
Sat, 21 May 2022
Disclosure Of Audio Recording Of Conference Call On Financial Results For The Quarter And Year Ended March 31 2022 Held On May 20 2022 Pursuant to Regulation 30 read with clause 15 of Paragraph A in Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) the audio recording of Conference call held on May 20 2022 to discuss Financial Results for the quarter and year ended March 31 2022 has been made available on the Banks website . |
|
Sat, 21 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication Intimation of Newspaper Advertisement of Audited Financial Results of the Bank for the quarter and year ended March 31 2022 |
| Tue, 24 May 2022 |
Higher Delivery Quantity
|
Close Crossing Last Week Low
|
Closing Below Previous Low
|
High Decrease 1 Month
|
High Decrease 6 Months
|
Equities
M.F.
Sectors