Satin Creditcare Network share price today

Satin Creditcare Network Ltd's share price was ₹261.04 at the close on 5 November 2026. It has been rising for 27 weeks. That is 24.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹140 and ₹269, and at that close it sat 94% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Satin Creditcare Network Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row.

Over the last 11 years the share price moved +4% while the NIFTY 500 moved +257%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 6 quarters in a row, highest quarterly profit in 16 quarters and profit up on a year earlier for 5 quarters in a row.

1. Revenue up on a year earlier for 6 quarters in a row

   In the September 2026 quarter revenue was ₹926 crore, +18.6% on a year earlier.

   Next results: check whether second half lending turns the current pipeline into loan growth.

   From the earnings call on 29 Oct 2026.

2. Highest quarterly profit in 16 quarters

   Profit of ₹176 crore in the September 2026 quarter is the highest of the last 16 quarters.

   Why: Profit hit its highest level because the company needed to set aside much less money for bad loans.

   Next results: check whether the company keeps adding to its safety buffer.

   From the earnings call on 29 Oct 2026.

3. Profit up on a year earlier for 5 quarters in a row

   In the September 2026 quarter profit was ₹176 crore, +232.1% on a year earlier.

   Why: Profit rose from a year earlier because far fewer loans went bad, so the money set aside for losses fell sharply.

   Next results: check whether the extra safety buffer keeps building.

   From the earnings call on 29 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Satin Creditcare Network reported total income of ₹926 crore, up 18.6% from ₹781 crore a year earlier, and a profit of ₹176 crore, up 232.1% from ₹53.0 crore.

Satin Creditcare Network results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Satin Creditcare Network's management discussed these results on a call held on 29 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.

Satin Creditcare Network closed at ₹261.04 on 5 November 2026, up 72.8% from ₹151.04 a year earlier (7 November 2025) and up 246.9% over five years. Its highest weekly close since February 2016 was ₹600.20 on 5 August 2016.

Satin Creditcare Network share price: then and now

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

565 weekly closes from 26 February 2016 to 5 November 2026.

5 Nov 2026: Satin Creditcare Network closed at ₹261.04, up 9.3% on the week and up 16.6% on the month. 29 Oct 2026: Satin Creditcare Network held its results call for July to September 2026. Management guided: Standalone credit cost 3-3.5% FY27 reiterated with H1 below after overlay build.

Earlier

• Results for July to September 2026: Total income up 18.6% and profit up 232.1% on a year earlier.

Satin Creditcare Network has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Satin Creditcare Network Ltd paid out 0% of its profit as dividends in each of its last 10 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 29 October 2026, Satin Creditcare Network's management guided: Standalone credit cost 3-3.5% FY27 reiterated with H1 below after overlay build.

“We have therefore absorbed roughly 100-plus basis points of ROA into the balance sheet, and we had every opportunity to declare more stellar profits.”Dr H P Singh, on the call for July to September 2026

What management guided

• Standalone ROA 3.5-4% FY27 reiterated with H1 reported above top despite buffer.
• Consol AUM growth 20-25% FY27 to land within range on stronger H2 and pipeline, aiming upper band.
• Consol AUM ₹32,000 crore by 2030 with 30% non-MFI, about half reached.
• Overlay buffer toward about ₹100 crore for cycle insulation.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 29 October 2026.

What is changing at Satin Creditcare Network, from the latest results and calls: credit cost normalization, non-microfinance subsidiary scaling and branch seasoning and operating leverage.

• Credit Cost Normalization. Credit costs declining from 4.6 percent in fiscal 2025 to 3.0-3.5 percent in fiscal 2027 directly expands pre-tax earnings by over 100 crore rupees. ⚠ estimate
• Branch Seasoning and Operating Leverage. Operating expense ratio improved to 6.3 percent and cost-to-income dropped to 44.5 percent as 392 branches added in fiscal 2026 reach maturity. ⚠ estimate
• Cost of Borrowing and Funding Diversification. Marginal borrowing cost fell 37 basis points year-on-year to 10.5 percent with 77 active institutional lenders and 26.7 percent capital adequacy. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the latest results, written 22 August 2026.

Gross non-performing assets rising above 3.5 percent or reported credit cost exceeding 4.0 percent over two consecutive quarters, indicating breakdown in underwriting guardrails or rural cash flow deterioration.

Each change stops working if

• Credit Cost Normalization: Rural delinquency surges due to severe weather or macroeconomic shock, forcing Stage 3 slippages above 90 crore rupees per quarter.
• Branch Seasoning and Operating Leverage: Branch expansion into new southern geographies like Kerala encounters elevated customer acquisition costs or field-level attrition.
• Cost of Borrowing and Funding Diversification: Macro liquidity conditions tighten or debt rating downgrades increase marginal borrowing spreads above 11.5 percent.
• Promoter Equity Infusion: Promoter funds fail to materialize or are diverted away from productive subsidiary capitalization.

The main risks

• Geographic and Regional Weather Shock: Localized weather disruptions such as Assam floods or Uttar Pradesh stress could impair collections and necessitate credit provisions. ✓ fact
• Management Guidance and Narrative Inconsistency: Repeated shifts in stated growth goals and retroactive claims across conference calls undermine disclosure credibility. ✓ fact
• MFI Sector Regulatory Guardrails and State Interventions: Stricter borrower indebtedness caps and potential state-level recovery legislation could constrain microfinance loan growth. ✓ fact
• Foreign Exchange Accounting Timing Volatility: Mark-to-market accounting adjustments on hedged foreign borrowing produce quarterly non-operating profit and loss noise. ✓ fact

Our read after the latest results, written 22 August 2026.

When Satin Creditcare Network reports October to December 2026, these are the 2 checks that show whether the story is still on course. First: H2 disbursement seasonality converting current pipeline to land consol growth within guided range.

Satin Creditcare Network is on one of our India lists: Undervalued stocks.

Satin Creditcare Network Ltd earned ₹176 Cr of net profit in the Sep 2026 quarter, +232.1% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was ₹332 Cr. Over 9 years profit has grown 33.3% a year on average. That is 19.0% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Why this happened. Profit rose 173% on the year to ₹123 crore, and fell 24% against March because March carried unusually heavy loan-sale income.

The same quarter a year earlier earned ₹53.0 Cr.

For the full year, FY26 profit was ₹332 Cr (+78.5% on the year before).

Why profit moved: revenue changed +18.6% on a year earlier and the margin moved +12.2 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +364.0% and revenue +21.2%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Pandemic repair to clean-cycle peak · FY23-Q2 → FY24-Q4. Pandemic clean-up continued: ₹209 crore of already-provided loans were written off in the quarter, while collection recovery supported a positive profit. The loan book and collections recovered after the pandemic, lifting income while credit losses began normalising.

Over-indebtedness and state disruption drive a credit-loss trough · FY25-Q1 → FY25-Q4. Stress began as heat, elections, harvest timing and floods hurt collections; bad loans and early arrears rose despite 23% asset growth. Credit stress spread across five states; bad loans rose to 3.5%, slippages hit ₹121 crore, and provisions plus collection staff costs cut profit 58% year on year.

Credit repair becomes early expansion · FY26-Q1 → FY27-Q1. A seasonal setback inside the repair: early arrears rose after heat and rain, while a 4.84% credit cost and high field spending restrained profit. Profit improved modestly as arrears stabilised, but credit cost and branch expenses remained high and market-value accounting made income noisy.

Why-sources: our stock research file (14 August 2026) and the company’s own results for those quarters.

Satin Creditcare Network Ltd reported ₹926 Cr of income in the Sep 2026 quarter, +18.6% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 9 years it has grown 16.4% a year on average. The last full year, FY26, came in at ₹3,143 Cr.

For a bank, revenue is everything it earns: interest on its loans plus fees and other income.

Why this happened. Lending income rose ₹103 crore on the year as the book grew 27% and pricing held. The top line also carries a presentation gap: management showed ₹827 crore of adjusted total income against ₹762 crore statutory.

The last four reported quarters add to ₹3,348 Cr.

FY26 revenue was ₹3,143 Cr, +22.2% on the year before.

Recent pace: the last four quarters grew +21.2% on average, against 16.4% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +20.3%, against +15.1% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +297.8%, against +16.8% a year (accelerating).

FY26-Q4. Strong recovery from lower credit cost and 19% asset growth, helped by an unusually heavy quarter for loan-sale and treasury income.

FY27-Q1. Profit rose 173% year on year as net interest income increased and credit losses fell, but dropped 24% from the prior quarter because loan-sale income normalised and a ₹36 crore extra provision was built.

Why-sources: our stock research file (14 August 2026) and the company’s own results for those quarters.

Satin Creditcare Network Ltd's net margin was 19.0% in the Sep 2026 quarter, 12.2 percentage points higher than the same quarter a year ago. Across 10 years it has been between −1.0% and 19.5%. The latest quarter is within that range.

Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.

Why this happened. The interest spread held near 14.4% while the marginal cost of borrowing fell to 10.5%. The spread is not the problem; the cost of running branches is, higher branch and employee costs absorbed the entire ₹37 crore credit-cost benefit this quarter.

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

FY26-Q4. Strong recovery from lower credit cost and 19% asset growth, helped by an unusually heavy quarter for loan-sale and treasury income.

FY27-Q1. Profit rose 173% year on year as net interest income increased and credit losses fell, but dropped 24% from the prior quarter because loan-sale income normalised and a ₹36 crore extra provision was built.

Why-sources: our stock research file (14 August 2026) and the company’s own results for those quarters.

Satin Creditcare Network Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Why this happened. Bad loans fell to 2.2%, net bad loans to 0.3%, provision cover rose to 85% and current-bucket collection was 99.9%, every measure improved together, which is what a genuine repair looks like. But ₹127 crore was written off during the quarter, 58% of the remaining ₹219 crore, so part of the improvement is the book being cleaned rather than the borrower recovering.

Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up.

Satin Creditcare Network Ltd's revenue was ₹3,143 Cr in FY26, +22.2% on the year before, so the loan book is growing. The latest quarter was +18.6% on a year earlier. The net margin on that income is 19.0%, +12.2 percentage points on a year ago.

We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Why this happened. Non-microfinance businesses are now 19% of the group book. The small-business arm grew 134% on the year with bad loans improving to 3.5%, but ₹294 crore was disbursed across only 50 green loans in the quarter, which is meaningful concentration. Housing finance is flat and its bad loans worsened from 3.0% to 3.3%.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses.

Satin Creditcare Network Ltd's P/BV is 0.9×, in the middle of its own history: higher than 58% of past readings. Its usual P/BV (the middle reading) is 0.8×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.

Why this happened. At 0.90 times book the shares are inexpensive against book value but sit near the middle of Satin’s own ten-year range, this is not a deep historical trough. The price appears to assume roughly 14% sustainable return on equity, so value creation from here needs the reported figure above 15%, not one more quarter of high profit growth.

Why the multiple is low: this lender earns about 12% a year on its equity. A lender that earns less on its net worth is valued lower for each rupee of it, and that gap usually closes only if returns improve.