04 Sep 2025, 14:08 IST
CREDITACCESS GRAMEEN LIMITED
JM Financial · BUY (upgraded from HOLD) · target INR 1,475
The note says CREDAG reported 1QFY26 PAT of INR 602mn (+27% QoQ, -85% YoY) with credit cost easing to 9.4% from 9.8% QoQ and GNPA at 4.70%, and that JM Financial upgraded the stock to BUY with a revised target of INR 1,475 valuing it at 2.6x FY27E BVPS, expecting ~15% AUM CAGR over FY25-27E and average RoE of ~15% over FY26-27E.
From CREDAG 1Q26 Result Note, written by JM Financial and hosted by Investment Guru India. Orivam summarised it; the view is JM Financial's, not Orivam's.
Open the original PDF on Investment Guru India →Research PDFs are often removed by the firms that publish them. The summary above is kept so this page still means something if that happens.