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Earnings Call Transcript

Suryoday Small Finance Bank Earnings Call Transcript: Key Takeaways

Suryoday Bank delivered strong credit growth and a significant ROA beat, primarily driven by a large one-time PSLC income gain.

Highlights
Revenue growthGross advances grew 32.5% YoY; deposits grew 29.4% YoY.
MarginsNIMs expected to remain stable; cost of funds around 7.5%.
Demand visibilityStrong credit demand; bank expects credit growth to outpace deposits.
Management confidenceConfident, highlighting strategic shift from JLG to individual loans.

Growth

Gross advances grew 32.5% YoY; retail deposits reached 87.3% of total base, showing improved granularity.

Outlook

Management targets 1.3%-1.4% ROA for FY27, aiming for 1.8%-1.9% by Q4 FY27.

Risks

High exposure to microfinance remains sensitive to rural inflation and credit cycles; slippages in mortgages need monitoring.

Last quarter's promises, checked

Delivered

  • Guided 1.2% ROA for Q1 FY27 → delivered 1.3%-1.4% (= BEAT)
  • Guided slippages ₹75-₹90Cr/qtr → delivered ₹74Cr in MFI (= BEAT)
  • Guided 30% growth in advances → delivered 32.5% YoY (= BEAT)

Partly delivered

  • Guided CGFMU claim ₹450-₹550Cr → delivered ₹387Cr received (= PARTIAL)

Missed

  • Guided deposit growth to align with advances → delivered 29.4% vs 32.5% (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: SURYODAY. Summary written with AI assistance from the document.

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Suryoday Small Finance Bank Ltd: key numbers

Share price
₹149.12
Market cap
₹1,585 Cr
Revenue (annual)
₹2,160 Cr
Net profit (annual)
₹152.0 Cr
P/E (TTM)
8.3×Sector 22.0×
Promoter holding
22.48%+0.00% QoQ
FII holding
5.35%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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21:39 IST BSE
Management Change

Suryoday Small Finance Bank Management Change

Suryoday Small Finance Bank has appointed Ms. Geeta Krishnan as the Company Secretary and Compliance Officer, effective September 24, 2026.

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Debt & Borrowing

Suryoday Small Finance Bank Debt & Borrowing: ₹200 Cr

Suryoday Small Finance Bank's board approved issuing up to Rs. 200 Crore in non-convertible debentures. The board also appointed Ms. Geeta Krishnan as interim Company Secretary.

Value
₹200.0 Cr
Execution
Tenure not exceeding 10 years
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Suryoday Small Finance Bank Board Meeting Date

Suryoday Small Finance Bank will hold a board meeting on September 21, 2026, to consider raising funds via the issuance of Non-Convertible Debentures.

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