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CREDITACC - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.5

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.5

Stock Code CREDITACC Market Cap 19,024 Cr. Current Price 1,188 ₹ High / Low 1,497 ₹
Stock P/E 39.2 Book Value 448 ₹ Dividend Yield 0.00 % ROCE 9.55 %
ROE 7.86 % Face Value 10.0 ₹ DMA 50 1,257 ₹ DMA 200 1,267 ₹
Chg in FII Hold -0.61 % Chg in DII Hold -0.10 % PAT Qtr 252 Cr. PAT Prev Qtr 126 Cr.
RSI 43.3 MACD -30.4 Volume 3,39,057 Avg Vol 1Wk 2,64,392
Low price 860 ₹ High price 1,497 ₹ PEG Ratio 2.68 Debt to equity 2.81
52w Index 51.5 % Qtr Profit Var 353 % EPS 30.3 ₹ Industry PE 23.8

📊 Core Financials

  • Revenue Growth: Strong PAT jump (₹252 Cr vs ₹126 Cr), but sustainability uncertain
  • Profit Margins: EPS ₹30.3, moderate profitability
  • Debt Ratio: High leverage (Debt-to-Equity 2.81)
  • Cash Flows: Supported by recent profit surge, but debt burden is heavy
  • Return Metrics: ROCE 9.55%, ROE 7.86% — below industry standards

💹 Valuation Indicators

  • P/E Ratio: 39.2 (well above industry PE of 23.8, overvalued)
  • P/B Ratio: ~2.65 (reasonable valuation)
  • PEG Ratio: 2.68 (growth priced expensively)
  • Intrinsic Value: Current price ₹1,188 is closer to lower band (₹860), offering cautious entry

🏢 Business Model & Competitive Advantage

  • NBFC focused on retail lending and credit access
  • High growth potential in underserved markets
  • Heavy debt load reduces financial flexibility
  • No dividend yield, reinvestment strategy focused on expansion

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: ₹1,050–₹1,150 range (near support levels)
  • Long-Term Holding: Risky due to high debt and stretched valuation
  • Guidance: Suitable only for aggressive investors seeking exposure to NBFC growth


✅ Positive

  • Quarterly PAT growth of 353% (₹126 Cr → ₹252 Cr)
  • Strong market presence in credit access and retail lending
  • 52-week index gain of 51.5% shows investor interest

⚠️ Limitation

  • High debt-to-equity ratio (2.81) raises financial risk
  • ROE and ROCE are weak compared to peers
  • Valuation premium with P/E above industry average

📰 Company Negative News

  • Decline in FII holdings (-0.61%) and DII holdings (-0.10%)
  • Stock trading below DMA 50 & DMA 200, showing weak momentum

🌟 Company Positive News

  • Massive PAT growth in latest quarter
  • Strong EPS improvement supports valuation

🏦 Industry

  • NBFC sector with strong demand for retail credit
  • Industry PE at 23.8, CREDITACC trades above this, showing premium valuation
  • Sector growth supported by financial inclusion initiatives

🔎 Conclusion

  • CREDITACC shows strong profit momentum but weak efficiency metrics
  • High debt and premium valuation limit near-term upside
  • Entry near ₹1,050–₹1,150 is favorable only for high-risk investors
  • Best suited for speculative portfolios, not conservative long-term holdings

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