CreditAccess Grameen - Best Placed Among Peers; Dominance To Sustain: Motilal Oswal

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.CreditAccess Grameen Ltd. is well prepared to capitalise on the growing opportunity in the microfinance segment by: improving its ticket size with customer vintage (~48% borrowers still have a vintage of less than three years); adding new borrowers with a strong rural focus; improving branch productivity (~300 branches set up over the last two years); and expanding into relatively less penetrated geographies. CreditAccess operates in a joint liability group model and differentiates itself in the flexibility it provides to customers through its nuanced approach. The company also provides customers with the flexibility to choose the repayment frequency (weekly/bi-weekly/monthly) based on their cash flows. Weekly center meetings are held with customers, irrespective of their repayment frequencies.Tight discipline in processes and practices at CreditAccess will ensure strong GLP growth. We expect GLP growth to remain intact and estimate a compound annual growth rate of 21%/23% in disbursement/GLP over FY24-26..Click on the attachment to read the full report:.Titan - Glittering Track Record; Long Runway For Growth: Motilal Oswal.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

CreditAccess Grameen - Best Placed Among Peers; Dominance To Sustain: Motilal Oswal

Still gold standard despite expected normalisation in return on asset

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