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CreditAccess Grameen Q4 Review: Normalization In Growth, Credit Costs Expected In H2 FY26 - Motilal Oswal
CreditAccess trades at 2.0x FY27E P/BV and its premium valuations over its MFI peers will sustain, adds Motilal Oswal, hence hikes target price.
19 May 2025, 04:27 PM IST 
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CreditAccess' Q4 net interest income was flat YoY at ~Rs 8.8 billion (in line). (Photo: Pralhad Shinde/ Source: NDTV Profit).
CreditAccess trades at 2.0x FY27E price/book value and its premium valuations over its MFI peers will sustain, given higher confidence in its ability to bounce back to normalcy, much ahead of its peers. Reiterate Buy with a revised target price of Rs 1,425 (based on 2.4x Mar’27E P/BV).
