CreditAccess Grameen Ltd - 541770 - Regulation 23(9) - Disclosure Of Related Party Transaction
Disclosure of Related Party Transaction as per Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.03-11-2022
03-11-2022
CreditAccess Grameen Ltd - 541770 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Investor''s Meetings/Calls.31-10-2022
CreditAccess Grameen Ltd - 541770 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript and Audio Recording of Q2 FY23 Earnings Conference Call, held on October 21, 2022.28-10-2022
Results Earnings Call for Q2FY23 of CreditAccess Grameen
Conference Call with CreditAccess Grameen Management and Analysts on Q2FY23 Performance and Outlook. Listen to the full earnings transcript.23-10-2022
CreditAccess Grameen Ltd - 541770 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication of Q2 FY23 Financial Results.22-10-2022
CreditAccess Grameen Ltd - 541770 - Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
Code of Conduct and Fair Disclosure for Prohibition of Insider Trading of the Company as per the SEBI (PIT) Regulations, 201521-10-2022
CreditAccess Grameen Ltd - 541770 - Announcement under Regulation 30 (LODR)-Change in Directorate
Appointment of Ms. Rekha Warriar (DIN: 08152356) as Additional Director (Independent), for a term of 5 years, and Mr. Paolo Brichetti (DIN: 01908040) as Additional Director (Non-Executive), and Vice-Chairman of the Board of Directors, with effect from October 21, 2022, subject to approval of the shareholders of the Company.21-10-2022
CreditAccess Grameen Ltd - 541770 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Q2 Financial Results Press Release21-10-2022
Q2FY23 Quarterly Result Announced for CreditAccess Grameen Ltd.
CreditAccess Grameen announced Q2FY23 results: Q2FY23 (Consolidated): Total income increased by 31.6% YoY from Rs 618.6 crore to Rs 814.3 crore Net interest income (NII) increased by 39.9% YoY from Rs 368.9 crore to Rs 516.2 crore Pre-provision operating profit (PPOP) increased by 52.9% YoY from Rs 218.7 crore to Rs 334.3 crore Impairment of financial instruments declined by 24.7% YoY from Rs 139.9 crore to Rs 105.4 crore Total ECL provisions were Rs 386.1 crore (2.46%) against GNPA (largely @ 60+ dpd) of 2.17%, and PAR 90+ of 1.72%. NNPA further reduced to 0.77% Write-offs were Rs 163.0 crore Profit After Tax (PAT) increased by 195.0% YoY from Rs 59.7 crore to Rs 176.0 crore, recording the highest quarterly PAT till date Robust liquidity of Rs 1,147.0 crore of cash & cash equivalents, amounting to 6.7% of the total assets Healthy capital position with standalone CRAR of 29.0% and consolidated CRAR of 25.0% Credit Rating: AA-/Stable by India Ratings, A+/Positive by CRISIL & ICRA. CRISIL upgraded the rating outlook from ‘Stable’ to ‘Positive’ in Q2 FY23 Commenting on the performance, Mr. Udaya Kumar Hebbar, MD and CEO of CreditAccess Grameen, said, “We witnessed the strongest second quarter, recording our highest quarterly PAT of INR 176 crore. There has been healthy growth across all parameters ranging from borrower addition, disbursements, collection efficiency, asset quality, net interest margin, return ratios and traction in foreign funding. We added over 2.8 lakh borrowers during Q2 FY23 and disbursed INR 4,375 crore, the highest ever during the second quarter to date. Our asset quality largely normalised with 97%-98% collection efficiency, and Net NPA of 0.77%. Given our strong control over the cost of borrowings coupled with one of the lowest lending rates in the industry, we are best placed to protect our Net Interest Margin (NIM), in a rising interest rate scenario. Over the past 6 months, our cost of borrowing increased by only 30 bps to 9.2% whereas our NIM expanded by 70 bps to 12.0%. The improved operating performance helped us generate a ROA of 4.0% and an ROE of 16.1% in Q2 FY23. H1 FY23 performance gives us the confidence to comfortably achieve our annual performance guidance for FY23. We are extremely happy to announce that the United States International Development Finance Corporation (DFC) supported us with a USD 35 million ESG-linked loan for up to 7 years, first of its kind direct lending to an Indian MFI. Overall, in the past 6 months, we received sanctions of around USD 195 Mn, aiding our strategy of diversifying liability profile. Today, we have strong visibility on foreign sourcing, backed by 38% share in undrawn sanctions and 19% share in sanctions in the pipeline.” Result PDF21-10-2022
CreditAccess Grameen Ltd - 541770 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation for quarter and half year ended September 30, 202221-10-2022