Arthneeti

Satin Creditcare Network Q2 FY27 Share Price & Earnings Call Analysis

₹251.18+10.12% today
Market cap
₹2,777 Cr
P/E
6.76
ROE
12.29%
PEG
0.02
Price to sales
0.85
Debt to equity
3.84
52W high / low
₹269 / ₹137
Sales growth (5Y)
17.95%
EBITDA margin
56.61%
Net profit margin
10.57%
Promoter holding
36.17%
Sales (last year)
₹3,209 Cr

Satin Network Limited (SCNL) is a leading microfinance institution (MFI) with presence in 23 states & union territory and 95,000 villages. The company offers a bouquet of financial products in the Non‐MFI segment (comprising loans to MSMEs), a housing finance subsidiary, and business correspondent services and similar services to other financial Institutions through Taraashna Financial Services Limited (TFSL), a business correspondent company and a 100% subsidiary of SCNL.[1]

Guidance scorecard · Q2 FY27 call

What Satin Creditcare Network Ltd's management guided
and where it ranks in Finance

#30of 59 in
Finance
Revenue20–40%MarginsFlatCapexPlannedFundraisingPlannedOrder bookRising

RevenueQ1 FY27 call

20–40%
  • Satin Creditcare expects consolidated AUM growth of 20% to 25% for FY27, targeting INR18,200 to INR18,900 crores by March 2027.
  • The company is growing faster than guided in the first quarter, indicating strong momentum.
  • Long-term target is to achieve a diversified financial services group with INR32,000 crores AUM by 2030, with one-third of the book outside microfinance.
  • Focus remains on profitable and calibrated growth rather than growth at any cost.
  • Subsidiaries like Satin Finserv and Satin Housing are in scale-building phase and expected to contribute meaningfully in coming quarters as their portfolios grow.

2 more points from Satin Creditcare Network Ltd's call on revenue

Create a free account to keep reading this call

Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Satin Creditcare Network Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Satin Creditcare Network Limited is focusing on technology investments, notably completing development of their core banking platform, targeting go-live in Q2 FY27. Post that, expansion into loan management and loan origination for NBFCs is planned.
  • Satin Growth Alternatives is progressing toward its first close of Category 2 AIF and plans its first deployment next quarter with institutional LPs onboarding.
  • The subsidiaries, such as Satin Finserv and Satin Housing Finance, are in scale-building phases and expected to leverage operating costs as their portfolios grow, implying ongoing capital investment.
  • Promoters plan an equity infusion of INR 100 crores to support subsidiary growth, especially for Satin Finserv, which has grown 134% YoY.

2 more points from Satin Creditcare Network Ltd's call on capex

Create a free account to keep reading this call

Full Q1 FY27 analysis

FundraisingQ1 FY27 call

Planned

See what Satin Creditcare Network Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Rising
  • The discussion mainly centers around financial performance, asset quality, borrowing strategy, branch expansion, credit costs, provisioning, and growth plans.
  • Consolidated AUM of INR 15,935 crores, growing 27% YoY.
  • Strong pipeline with 34 lakh customers across 2,041 branches.

2 more points from Satin Creditcare Network Ltd's call on the order book

Create a free account to keep reading this call

Full Q1 FY27 analysis
Full Finance ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Finance
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Satin Creditcare Network Ltd rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Finance companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹2,742 Cr71.8
240%+Up 2%+₹464 Cr23.9
340%+Up 0–2%₹961 Cr32.7
440%+Flat₹23,820 Cr21.1
540%+Flat₹16,498 Cr72.4
640%+Flat₹15,549 Cr—

Sign up free to see every company in the sector ranking and track Satin Creditcare Network Ltd.

Pro shows every company guiding 40%+ revenue growth →Full Finance ranking

Financials of Satin Creditcare Network Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Satin Creditcare Network Ltd

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +36.06%36.17%36.17%36.17%36.17%36.17%36.17%36.17%36.17%36.17%36.17%36.17%
FIIs +9.58%6.67%7.14%6.09%4.83%4.52%4.32%3.90%3.55%3.52%4.88%4.89%
DIIs +8.27%6.92%7.04%6.59%6.11%6.35%7.15%5.18%5.18%5.30%6.32%6.30%
Public +45.66%49.81%49.21%50.70%52.45%52.53%51.92%54.30%54.67%54.58%52.23%52.26%
Others +0.44%0.44%0.44%0.44%0.44%0.44%0.44%0.44%0.44%0.44%0.38%0.37%
No. of Shareholders28,79544,33341,95150,61052,49050,12949,90448,70446,94444,27737,72734,289

Financials of Satin Creditcare Network Ltd

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue +538596642633657684615703781740920762926
Interest217247252251266268264297344289381251335
Expenses +173192217237323398327346366355320345351
Financing Profit148156173145681924607196218167240
Financing Margin %28%26%27%23%10%3%4%8%9%13%24%22%26%
Other Income +1152141555333
Depreciation6666778678989
Profit before tax143151171141621518586993212161235
Tax %25%25%25%25%27%5%-20%22%23%23%24%24%25%
Net Profit +107113128105451422455372162123176
EPS in Rs10.7210.2411.619.534.051.291.984.084.816.5114.6711.1015.92
Gross NPA %
Net NPA %

Financials of Satin Creditcare Network Ltd

Profit & Loss

Annual income statement trend

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue +8011,0311,4431,5001,3771,3781,5492,2342,5723,1433,347
Interest4365366465896386316179011,0491,3111,256
Expenses +3223654716857377009117331,2671,3871,370
Financing Profit4413032622524722599257445721
Financing Margin %5%13%23%15%0%3%1%27%10%14%22%
Other Income +0034332661814
Depreciation615131815161823273034
Profit before tax38116316212-10345583236432701
Tax %34%35%36%27%43%39%8%25%21%23%
Net Profit +2575201155-14215436186332533
EPS in Rs4.7811.4329.7221.52-1.942.760.5639.4616.8530.0748.20
Dividend Payout %0%0%0%0%0%0%0%0%0%0%

Financials of Satin Creditcare Network Ltd

Balance Sheet

Capital structure and asset base

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital37474952667585110110110110
Reserves6008381,1011,3971,4201,5071,5432,2912,4332,7533,063
Borrowing3,8895,1615,2715,5426,1815,7445,9117,9158,79110,99112,012
Other Liabilities +251253321309377330310174253523739
Total Liabilities4,7786,2996,7417,3008,0457,6557,85010,49011,58714,37815,923
Fixed Assets +73758194131126129133137154165
CWIP1216163440000129
Investments2172264246149625655151188
Other Assets +4,6726,1366,3806,9267,9097,4817,65910,30111,39514,06015,561
Total Assets4,7786,2996,7417,3008,0457,6557,85010,49011,58714,37815,923

Financials of Satin Creditcare Network Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-966-1,541611-225-945336-956-2,069-563-974
Cash from Investing Activity +-36-55-18756226-51-73-28-45-123
Cash from Financing Activity +1,3981,39488243734-4423902,2639141,873
Net Cash Flow395-2035127315-157-639166305777
Free Cash Flow-1,003-1,562592-204-965331-966-2,081-582-1,002

Financials of Satin Creditcare Network Ltd

Ratios

Working capital efficiency and return ratios

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %4%10%20%12%-1%1%0%22%8%12%

Guidance history

How Satin Creditcare Network Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →20–40%FlatPlannedPlannedRising
Q4 FY26 call →20–40%FlatPlanned—Rising
Q3 FY26 call →10–20%FlatPlannedNone plannedRising
Q1 FY26 call →0–10%FlatPlanned—Flat

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

41out of 100

Momentum score · price trend

41 out of 100 — Steady

Over the past year its share price has moved roughly in the middle of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+59.3%87%
Last 6 months+42.6%86%
Last 3 months−2.4%59%

The price is 58.2% below its all-time high of ₹600.2 (5 Aug 2016). Stocks more than 20% below their peak have their score halved, so 81 became 41.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Satin Creditcare Network Ltd: 0.4 × 87 + 0.4 × 86 + 0.2 × 59 = 81, halved to 41 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Satin Creditcare Network Ltd's management said in earlier quarters

Others in Finance this season

  • JSW Holdings (Q2 FY27)

    Total revenue from operations: ₹16,658.63 lakhs . Key results statement takeaways from JSW Holdings Ltd's Q2 FY27 results statement — and how it ranks against s

  • Indostar Capital Finance Ltd (Q2 FY27)

    Revenue from operations for Q2 FY27: ₹381.9 crore . Key investor presentation takeaways from Indostar Capital Finance Ltd's Q2 FY27 investor presentation — and

  • TruCap Finance Ltd (Q2 FY27)

    (74) lakhs, down 90% YoY . Key results statement takeaways from TruCap Finance Ltd's Q2 FY27 results statement — and how it ranks against sector peers.

  • Onemi Technology Solutions Ltd (Q2 FY27)

    Total Income for Q2 FY27: ₹740 Cr, up 43.1% YoY (Page 39) . Key investor presentation takeaways from Onemi Technology Solutions Ltd's Q2 FY27 investor presentat

Compare:vs Bajaj Financevs Bajaj Finservvs Shriram Finance Ltd