Regulatory
MEDIUMTrigger: Management said the elevated ratios persist because claimable accounts cannot be written off until CGFMU payment is received.
Monitor: regulatory
Suryoday Small Finance Bank Ltd: Why Is It Outperforming Nifty 500?
ActiveRS +34.8%Average
In , Suryoday Small Finance Bank Ltd (Banks - Small Finance) is outperforming Nifty 500 with +34.8% relative strength. Fundamentals: Average.
Suryoday Small Finance Bank Ltd Key Facts
- PE Ratio
- 12.6x
- Market Cap
- ₹1,912 Cr
- PAT Growth YoY
- +247%
- Revenue Growth YoY
- +28%
- RS vs Nifty 500
- +34.8%
PB: Cycle BottomStrong Opportunity
What's Happening
💎PB falling while earnings hold — value emerging
🌐FII stake increased 1.2% this quarter
🏛️DII reducing — stake down 1.4%
⚠️GNPA at 6.55% and deteriorating — asset quality concern
💰Trading 51% above estimated fair value — significant premium
Key Risks
1. Regulatory
MEDIUM2. Regulatory
MEDIUM3. Labor
LOWKey Numbers
PAT Growth YoY
+247%
Inflection Up
Revenue YoY
+28%
Accelerating
GNPA
6.55%
Stable
Price to Book
0.9
Current Price
₹180
Fundamental Score
47/100
Average
3Y PAT CAGR
+25%
Market Cap
1.9K Cr
Valuation
Significantly Overvalued12-Week Performance
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
12 weeks agoThis week
What Are the Key Risks for Suryoday Small Finance Bank Ltd?
Earnings deceleration risks from management commentary
Regulatory
MEDIUMTrigger: Management did not provide FY27 growth or ROA guidance and said it needs one more quarter for clearer projections.
Monitor: regulatory
Labor
LOWTrigger: Management said basic pay is already close to 48%, limiting the incremental impact from the new definition.
Monitor: labor
What Is Suryoday Small Finance Bank Ltd's Management Saying?
Key quotes from recent conference calls
“That I think was an impact that we are carrying in terms of a higher GNPA of 6.6 or a net NPA of around 4.3 [Risk (regulatory): MEDIUM]”
“Well, it is a little too early as you can see how the market is evolving, right? But what do we see [Risk (regulatory): MEDIUM]”
“If we were to really reach that 50% number, we would possibly need to have an impact of not more than Rs. 6 lakhs to Rs. 7 lakhs of compensation per month [Risk (labor): LOW]”
How Fast Is Suryoday Small Finance Bank Ltd Growing?
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +28% | +22% | Accelerating |
| PAT (Net Profit) | +247% | +25% | Inflection Up |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 29, 2026.
Other Top Banks - Small Finance Stocks Beating Nifty 500
Frequently Asked Questions: Suryoday Small Finance Bank Ltd
Based on publicly available financial data. This is educational research, not investment advice.
What were Suryoday Small Finance Bank Ltd's latest quarterly results?
Suryoday Small Finance Bank Ltd's latest quarterly results (Mar 2026) show
- PAT Growth YoY: +247.1% (turning around (inflection up))
- Revenue Growth YoY: +27.8%
- Net Interest Margin: -4.00%
- Gross NPA: 6.55%
Is Suryoday Small Finance Bank Ltd's profit growing or declining?
Suryoday Small Finance Bank Ltd's profit is growing with an turning around (inflection up) trend.
- PAT Growth YoY: +247.1% (latest quarter)
- PAT Growth QoQ: +35.1% (sequential)
- 3-Year PAT CAGR: +24.9%
- Trend: Turning around (inflection up) — consistent growth pattern
What is Suryoday Small Finance Bank Ltd's revenue growth trend?
Suryoday Small Finance Bank Ltd's revenue growth trend is accelerating.
- Revenue Growth YoY: +27.8%
- Revenue Growth QoQ: +10.7% (sequential)
- 3-Year Revenue CAGR: +22.2%
What is Suryoday Small Finance Bank Ltd's asset quality trend?
Suryoday Small Finance Bank Ltd's asset quality trend is stable.
- Gross NPA: 6.55%
- Net NPA: 4.21%
- GNPA Change YoY: -0.6% bps
What is Suryoday Small Finance Bank Ltd's 3-year profit and revenue CAGR?
Suryoday Small Finance Bank Ltd's long-term compounding rates
- 3-Year Profit CAGR: +24.9%
- 3-Year Revenue CAGR: +22.2%
Is Suryoday Small Finance Bank Ltd's growth accelerating or decelerating?
Suryoday Small Finance Bank Ltd's earnings growth is turning around (inflection up) with improving on a sequential basis.
- YoY Acceleration: +87.9% bps
- Sequential Acceleration: +11.8% bps
- Margin Warning: Operating margins are under pressure
What is Suryoday Small Finance Bank Ltd's trailing twelve month (TTM) performance?
Suryoday Small Finance Bank Ltd's trailing twelve month (TTM) performance
- TTM PAT: ₹152 Cr
- TTM PAT Growth: +33.3% YoY
- TTM Revenue: ₹2,000 Cr
- TTM Revenue Growth: +10.6% YoY
Is Suryoday Small Finance Bank Ltd overvalued or undervalued?
Suryoday Small Finance Bank Ltd appears significantly overvalued based on our fair value analysis.
- Valuation Signal: Significantly Overvalued
- Current PE: 12.6x
- Price-to-Book: 0.9x
What is Suryoday Small Finance Bank Ltd's current PE ratio?
Suryoday Small Finance Bank Ltd's current PE ratio is 12.6x.
- Current PE: 12.6x
- Market Cap: 1.9K Cr
How does Suryoday Small Finance Bank Ltd's valuation compare to its history?
Suryoday Small Finance Bank Ltd's current PE is 12.6x.
- Current PE: 12.6x
- Valuation Assessment: Significantly Overvalued
What is Suryoday Small Finance Bank Ltd's price-to-book ratio?
Suryoday Small Finance Bank Ltd's price-to-book ratio is 0.9x.
- Price-to-Book (P/B): 0.9x
- Book Value per Share: ₹196
- Current Price: ₹180
Is Suryoday Small Finance Bank Ltd a fundamentally strong company?
Suryoday Small Finance Bank Ltd is rated Average with a fundamental score of 47/100. This score is calculated from objective financial metrics
- PAT Growth YoY: +247.1% (20% weight)
- PAT Growth QoQ: +35.1% (15% weight)
- Earnings trend: inflection_up (5% weight)
Is Suryoday Small Finance Bank Ltd debt free?
Suryoday Small Finance Bank Ltd has a debt-to-equity ratio of N/A.
- Total Debt: ₹3,000 Cr
What is Suryoday Small Finance Bank Ltd's return on equity (ROE) and ROCE?
Suryoday Small Finance Bank Ltd's return ratios over recent years
- FY2024: ROE 13.0%
- FY2025: ROE 6.0%
- FY2026: ROE 8.0%
Is Suryoday Small Finance Bank Ltd's cash flow positive?
Suryoday Small Finance Bank Ltd's operating cash flow is positive (FY2026).
- Cash from Operations (CFO): ₹652 Cr
- Free Cash Flow (FCF): ₹-140 Cr
- CFO/PAT Ratio: 429% (strong cash conversion)
What is Suryoday Small Finance Bank Ltd's dividend yield?
Suryoday Small Finance Bank Ltd currently does not pay a significant dividend (yield 0.00%).
- Dividend Yield: 0.00%
- Current Price: ₹180
Who holds Suryoday Small Finance Bank Ltd shares — promoters, FII, DII?
Suryoday Small Finance Bank Ltd's shareholding pattern (Mar 2026)
- Promoters: 22.5%
- FII (Foreign): 5.2%
- DII (Domestic): 5.7%
- Public: 66.6%
Is promoter holding increasing or decreasing in Suryoday Small Finance Bank Ltd?
Suryoday Small Finance Bank Ltd's promoter holding has increased recently.
- Current Promoter Holding: 22.5% (Mar 2026)
- Previous Quarter: 22.4% (Dec 2025)
- Change: +0.05% (increasing — positive signal)
How long has Suryoday Small Finance Bank Ltd been outperforming Nifty 500?
Suryoday Small Finance Bank Ltd has been outperforming Nifty 500 for 3 consecutive weeks, indicating early-stage outperformance.
Is Suryoday Small Finance Bank Ltd a new momentum entry or an established outperformer?
Suryoday Small Finance Bank Ltd is an established outperformer with 3 weeks of consecutive Nifty 500 outperformance.
What are the key risks in Suryoday Small Finance Bank Ltd?
Suryoday Small Finance Bank Ltd has 3 key risks worth monitoring
- [MEDIUM] Regulatory — Management said the elevated ratios persist because claimable accounts cannot be written off until CGFMU payment is received.
- [MEDIUM] Regulatory — Management did not provide FY27 growth or ROA guidance and said it needs one more quarter for clearer projections.
- [LOW] Labor — Management said basic pay is already close to 48%, limiting the incremental impact from the new definition.
What did Suryoday Small Finance Bank Ltd's management say in the latest earnings call?
In Q3 FY26, Suryoday Small Finance Bank Ltd's management highlighted
- "That I think was an impact that we are carrying in terms of a higher GNPA of 6.6 or a net NPA of around 4.3 [Risk (regulatory): MEDIUM]"
- "Well, it is a little too early as you can see how the market is evolving, right? But what do we see [Risk (regulatory): MEDIUM]"
- "If we were to really reach that 50% number, we would possibly need to have an impact of not more than Rs. 6 lakhs to Rs. 7 lakhs of compensation per m..."
Is Suryoday Small Finance Bank Ltd worth studying for long term investment?
Based on quantitative research signals, here is why Suryoday Small Finance Bank Ltd may be worth studying
- Earnings growing at +247.1% YoY
- Revenue growth is accelerating — +27.8% YoY
- Cash flow is positive — CFO ₹652 Cr
What is the investment thesis for Suryoday Small Finance Bank Ltd?
Suryoday Small Finance Bank Ltd investment thesis summary:
Research Signals (Bull Case)
- Revenue growing at +27.8% YoY
Risk Factors (Bear Case)
- Margins under pressure
- Appears significantly overvalued
- Key risk: Regulatory
What is the future outlook for Suryoday Small Finance Bank Ltd?
Suryoday Small Finance Bank Ltd's forward outlook based on current data signals
- Earnings Trend: turning around (inflection up)
- Revenue Trend: accelerating
- Valuation: Significantly Overvalued
- Key Risk: Regulatory
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.