Satin Creditcare Network Ltd - 539404 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, please find attached intimation of schedule of Analyst / Institutional Investor Meeting Satin Creditcare Network Ltd - 539404 - Board Meeting Intimation for Fund Raising Proposal By Way Of Issuance Of Listed/Unlisted, Secured/Unsecured, Non-Convertible Debentures On Private Placement Basis
Satin Creditcare Network Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2023 ,inter alia, to consider and approve the fund raising proposal by way of issuance of listed/unlisted, secured/unsecured, non-convertible debentures on private placement basis Satin Creditcare Network Ltd - 539404 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached newspaper publication of unaudited Financial Results for the quarter ended June 30, 2023 Satin Creditcare Network Ltd - 539404 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 of SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, please find attached outcome of Earning Calls Satin Creditcare Network Ltd - 539404 - Outcome Of Working Committee Meeting
Pursuant to Regulations 30 & 51 read with Schedule III of SEBI LODR Regulations, 2015, Satin Creditcare Network Limited wish to inform that working committee of the Company in its meeting held today i.e. 28.07.2023 has inter alia considered and approved a) allotment of 1500 NCDs and terms b) terms and conditions for issuance of 2683 NCDs. Q1FY24 Quarterly Result Announced for Satin Creditcare Network Ltd.
Non-banking Financial company Satin Creditcare Network announced Q1FY24 results: Reported highest Q1 disbursements of Rs 1,980 crore Observed strong net customer addition of ~2.3 lakh PAT stood at Rs 86 crore, RoA at 4.3% & RoE at 17.5%; highest ever profitability With operational efficiencies playing out, Opex to Avg AUM has reduced to 5.8% as compared to 7.1% in Q1FY23, decreased by 133 bps Cost to Income ratio of 48.9% as compared to 71.1% in Q1FY23 During Q1FY24, the Company did a fundraising of Rs 2,148 crore from various lenders; with 66% YoY growth Total borrowings stood at Rs 6,107 crore as of 30th June 2023 Commenting on the performance, HP Singh, Chairman cum Managing Director of Satin Creditcare Network, said, "We are pleased to highlight our Company’s outstanding success in Q1FY24, which marks the most considerable growth in the last 5 years across all financial and operational parameteRs This remarkable accomplishment reflects our unwavering dedication to excellence and steadfast progress. With an impressive YoY consolidated growth of 26%, this quarter has surpassed all expectations, and it also represents the highest-ever Q1 disbursement in the last 5 years, a testament to the strength of our resilient business model and key initiatives. Our relentless focus on prioritizing our customers' needs has yielded significant outcomes, as exemplified by the substantial net customer additions, propelling us to surpass the notable milestone of serving more than 3 million active clients. This robust expansion is a resounding demonstration of the confidence and trust our clients have in us as their preferred financial partner. Aligning with our vision for the subsequent years to come, we have expanded our footprint by adding 27 branches during Q1FY24, allowing us to effectively extend our reach to previously untapped regions, empowering more lives with access to essential financial services. Leveraging the outreach through our subsidiaries further enhances our ability to serve diverse communities and extend our positive impact. Further validating the success of this quarter, we achieved the highest-ever Q1 PAT in the last 5 years, reflecting the efficacy of our financial decisions and operational efficiency. To further demonstrate the faith our investors have in our long-term outlook and strategic direction, we are glad to unveil that we completed the preferential allotment of Rs 225 crore through the issuance of equity shares and fully convertible warrants. As we move forward on this phenomenal path, we will never waver in our adherence to responsible lending practices, which includes ensuring that a sizable portion of our clients has our company as their sole lender at the time of disbursement, reiterating our pledge to long-term growth and encouraging individuals to improve their lives. With ample liquidity and a strong foundation, we are well on track to achieve our guided growth of 25%+, confidently navigating towards a future of continued success and delivering value to all our stakeholders Together, we stride ahead, building a better, more inclusive financial landscape for all." Result PDF Satin Creditcare Network Ltd - 539404 - Statement Of Deviation Or Variation As Per Regulation 32(1) Of SEBI (LODR) Regulations, 2015 For The Quarter Ended June 30, 2023
Pursuant to Regulation 32 of SEBI (LODR), Regulations, 2015, please find attached statement of deviation or variation. Satin Creditcare Network Ltd - 539404 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to regulation 30 of SEBI (LODR) Regulations, 2015, please find attached press release dated July 28, 2023 Satin Creditcare Network Ltd - 539404 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, please find attached Investor Presentation. Satin Creditcare Network Ltd - 539404 - Unaudited Financial Results (Standalone & Consoliated) For The Quarter Ended June 30, 2023
Please find attached unaudited financial results (Standalone & Consolidated) along with Limited Review Report for the quarter ended June 30, 2023