Satin Creditcare
165.30
+3.31(+2.04%)
Market Cap₹1,826.09 Cr
PE Ratio9.61
Company Performance:
1D+2.04%
1M+5.57%
6M+11.82%
1Y-24.58%
5Y+114.56%
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Latest news about Satin Creditcare
Satin Creditcare Network to Raise ₹50 Crore Through NCDs at 11.5% Interest 1 day ago Yesterday
Satin Creditcare Network Limited plans to raise funds through non-convertible debentures (NCDs). The base issue size is ₹50 crore with a greenshoe option of ₹25 crore. The NCDs will offer an 11.50% annual interest rate, paid monthly, with a 66-month tenure. The issue date is set for July 21, 2025, with maturity on January 21, 2031. Each debenture has a face value of ₹1,00,000. The NCDs will be subordinated, unsecured, rated, listed on BSE, and issued through private placement.
Satin Creditcare Network Approves ₹500 Crore Non-Convertible Debenture Issuance 2 days ago
Satin Creditcare Network to Consider Fundraising via Debentures on July 14th 7 days ago
Satin Creditcare to Raise ₹44.1 Crore via Private Placement of Secured NCDs Jul 01, 2025
Satin Creditcare Network Unveils 50 Billion Rupee Fundraising Plan via Non-Convertible Debentures Jun 27, 2025
More news about Satin Creditcare
26Jun 25
Satin Creditcare to Consider Fundraising via NCD Private Placement
Satin Creditcare Network Limited's board of directors is set to evaluate a proposal for fundraising through the issuance of Non-Convertible Debentures (NCDs) via private placement. This move could provide the microfinance company with additional capital to support operations, expand its loan portfolio, and strengthen its financial position. The private placement strategy targets a select group of investors, potentially allowing for a more streamlined fundraising process.
23Jun 25
Satin Creditcare Network Unveils ₹50 Billion NCD Issuance Plan
Satin Creditcare Network has announced plans to raise up to ₹50 billion through the issuance of non-convertible debentures (NCDs). This strategic move aims to strengthen the company's capital base and support growth initiatives. The fundraising effort is expected to enhance lending capacity, improve liquidity, and strengthen the overall balance sheet. The NCD issuance is likely to attract attention from both institutional and retail investors, reflecting the company's confidence in its growth prospects.
08May 25
Satin Creditcare Network Reports Mixed Q4 FY23 Results
Satin Creditcare Network's Q4 FY23 results show a significant year-over-year decline in net profit to ₹218.90 crore, down 83.16% from ₹1,300.00 crore in Q4 FY22. However, the company saw a 53.51% quarter-over-quarter increase from ₹142.60 crore in Q3 FY23. Revenue slightly decreased by 3.27% to ₹621.00 crore compared to Q4 FY22. Despite profit volatility, the company maintained relatively stable revenue, indicating resilience in core business activities.
07May 25
Satin Creditcare Reports 7% AUM Growth and Managed Credit Cost
Satin Creditcare Network Limited has shown resilience in the microfinance sector, reporting a 7% year-on-year growth in Assets Under Management (AUM). The company maintained a well-managed credit cost of 4.60% for FY25, within their guided range of 4.50% to 5.00%. This stable performance comes despite industry volatility and policy transitions, positioning Satin Creditcare as a top performer in the sector.
07May 25
Satin Creditcare Network: Q4 Profit Plunges 67%, NII Down 10%
Satin Creditcare Network's Q4 FY25 results show significant declines in key metrics. Net profit fell 67.30% year-over-year to ₹41.00 crore. Net Interest Income decreased by 10.00% to ₹324.20 crore. GNPA stood at ₹323.00 crore with a 3.70% ratio. Despite challenges, the company maintained a strong Capital Adequacy Ratio of 25.90% and saw a 7.00% annual increase in Assets Under Management.
26Mar 25
Satin Creditcare Network to Sell ₹213 Crore Stressed Loan Portfolio
Satin Creditcare Network Limited (SCNL) has approved the sale of a stressed loan portfolio worth ₹212.98 crore to an Asset Reconstruction Company for ₹42.60 crore. The sale, conducted through an open bid process, represents an 80% haircut. This strategic move aims to improve SCNL's asset quality and financial health. Additionally, SCNL announced the closure of its trading window from April 1, 2025, until 48 hours after the announcement of its FY2025 audited financial results.
25Mar 25
Satin Creditcare Network Offloads ₹213 Crore Stressed Loan Portfolio
Satin Creditcare Network Limited (SCNL) has approved the sale of a stressed loan portfolio worth ₹212.98 crore to an Asset Reconstruction Company for ₹42.60 crore. The transaction will be conducted through an open bid method. Additionally, SCNL announced the closure of its trading window from April 1, 2025, until 48 hours after the announcement of its audited financial results for Q4 and FY 2024-25.
13Mar 25
Satin Creditcare Network Secures $100 Million Social Loan, Boosting Financial Inclusion Efforts
Satin Creditcare Network Limited (SCNL) has successfully raised $100 million through a syndicated social loan via External Commercial Borrowing (ECB). The loan, arranged by Standard Chartered Bank, involves participation from six Sri Lankan banks and has a tenor of 3 years and 3 months. This marks SCNL's first syndicated social loan, demonstrating its growing influence in international financial markets. The funding aims to expand financial services access in underbanked regions of India. Additionally, SCNL's Board has approved an increase in the limit for issuing Letters of Comfort to its subsidiary, Satin Housing Finance Limited, from INR 200 crore to INR 300 crore.
12Mar 25
Satin Creditcare Boosts Support for Housing Finance Arm, Raises Letter of Comfort Limit to ₹300 Crore
Satin Creditcare Network Ltd (SCNL) has approved an increase in the limit for issuing Letters of Comfort for its wholly-owned subsidiary, Satin Housing Finance Limited (SHFL), from ₹200 crore to ₹300 crore. The decision, made in a board meeting on March 12, 2025, aims to support SHFL's credit arrangements with various lenders. While this move is expected to facilitate SHFL's funding and expansion in the housing finance sector, it does not constitute a guarantee or obligation for SCNL to pay on behalf of SHFL in case of default. The transaction will be conducted on an arm's length basis, with no direct financial impact on SCNL.
Satin Creditcare
165.30
+3.31
(+2.04%)
1 Year Returns:-24.58%
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