About
About CreditAccess Grameen Limited
CreditAccess Grameen Limited, a non-banking financial company, provides micro finance services for women from poor and low-income households in India. The company offers microcredit loans for income generation, home improvement, emergency, family welfare, and Grameen Unnati, as well as Grameen Suraksha, Grameen Sanchay, life insurance, and national pension schemes. It also provides retail finance loans, such as Grameen Vikas, Unnati loan, Grameen two-wheeler, Grameen Vishesh loan, and Grameen housing loan. In addition, the company offers digital lending products comprising Grameen Mahi, a customer app, Pragathi digital and multi-purpose digital loans. The company was formerly known as Grameen Koota Financial Services Private Limited and changed its name to CreditAccess Grameen Limited in January 2018. CreditAccess Grameen Limited was incorporated in 1991 and is headquartered in Bengaluru, India. CreditAccess Grameen Limited is a subsidiary of CreditAccess India BV.
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5 years, 5 months ago
CreditAccess Grameen Limited is currently in a long term uptrend where the price is trading 3.5% above its 200 day moving average.
From a valuation standpoint, the stock is 88.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.2.
CreditAccess Grameen Limited's total revenue rose by 12.7% to $5B since the same quarter in the previous year.
Its net income has dropped by 171.6% to $-773M since the same quarter in the previous year.
Finally, its free cash flow grew by 277.4% to $11B since the same quarter in the previous year.
Based on the above factors, CreditAccess Grameen Limited gets an overall score of 4/5.