Satin Creditcare Network Limited, a non-banking finance company, provides micro finance services in India. The company provides microcredit to economically active women in rural, semi-urban, and urban areas; loans for income generating purposes, such as agriculture, transportation, trading, and production related business activities; loans for water and sanitation facilities; and loans to merchants, retailer, wholesaler, manufacturing, service providers, salaried, self-employed professionals, and agri business. It also offers loans to self-employed professionals, and self-employed individuals/non individual entities; loans to corporate institutions and micro finance companies; financing for solar lamps, bicycles, and consumer durables; and housing finance products. As of March 31, 2022, the company operated through a network of 1,224 branches. The company was formerly known as Satin Leasing & Finance Private Limited and changed its name to Satin Creditcare Network Limited in April 2000. Satin Creditcare Network Limited was incorporated in 1990 and is headquartered in Gurugram, India.

Satin Creditcare Network Limited

A company that offers a diversified suite of financial products to serve under-privileged segments of society.

Satin Creditcare Network Ltd.

Satin Creditcare Network Limited (SCNL or Satin) is a leading microfinance institution (MFI) in the country with a presence in 26 states & union territories and around 86,000 villages. The Company mission is to be a leading micro financial institution by providing a comprehensive range of products and services for the financially under-served community. The company also aims to lead in gender empowerment by leveraging on technology and innovation that forge sustainable strategic partnerships. In April 2017, SCNL incorporated a wholly-owned housing finance subsidiary (Satin Housing Finance Limited or “SHFL”) for providing loans to the affordable housing segment. In January 2019, SCNL received a separate NBFC license to commence MSME business through Satin Finserv Limited. As of March 2022, SCNL had 1,393 branches and a headcount of 12,896 serving around 34.7 lakh clients.


ECB Capital

UTI International

Development Bank of Austria

responsAbility Investments

Japan ASEAN Women Empowerment Fund

Microfinance Initiative for Asia Debt Fund SA

BlueOrchard Finance S A

Asian Development Bank

Frontline Strategy

SBI Ven Capital

Nordic Microfinance Initiative

Danish Microfinance Partners

We’ve got some exciting news to share! 

We are thrilled to announce that Satin Creditcare has been honored with the 'Dominant Microfinance of the Year award' at the 17th NBFC & Fintech Awards 2024, reflecting our efforts in driving financial empowerment across communities.

We are also incredibly proud of our Chief Strategy Officer, Ms. ADITI SINGH, who has been awarded 'Women Leader of the Year'!  Her visionary leadership and relentless drive to excel in every aspect of our mission is truly inspiring. 

Here’s to many more milestones and achievements way forward! 

#Mysatinmypride #awards #microfinance #nbfc #satincreditcarenetworklimited

𝐔𝐧𝐯𝐞𝐢𝐥𝐢𝐧𝐠 𝐎𝐮𝐫 𝐅𝐢𝐟𝐭𝐡 𝐈𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐞𝐝 𝐀𝐧𝐧𝐮𝐚𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐅𝐘 𝟐𝟎𝟐𝟑-𝟐𝟒!

We are thrilled to present our Integrated Annual Report for FY 2023-24 – "Growing with Grit, Conquering with Capability". This year’s report highlights our incredible achievements, growth, and the impactful strides we've made in fostering underserved communities and sustainable livelihoods.

𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐰𝐢𝐭𝐡 𝐆𝐫𝐢𝐭: We’ve navigated numerous challenges, continuously adapting and evolving to better serve our communities.

𝐂𝐨𝐧𝐪𝐮𝐞𝐫𝐢𝐧𝐠 𝐰𝐢𝐭𝐡 𝐂𝐚𝐩𝐚𝐛𝐢𝐥𝐢𝐭𝐲: Our inclusive approach has resulted in significant impacts, driving economic development and creating sustainable livelihoods across diverse regions.

None of this would have been possible without the unwavering support of our partners, clients, and dedicated team. Together, we are building a brighter, more inclusive future.

To read the full report and know highlights of FY 2023-24, click on the below link:

https://lnkd.in/gSgB_p2x

We are pleased to announce that Mr. Kaushal K Chaturvedi, our Vice President of Training and Development department, has been honored with the ‘Chief Learning Officer of the Year’ award at the Learning and Development Summit and Awards 2024 organized by UBS Forums Pvt. Ltd. 

Mr. Chaturvedi’s dedication, innovative approaches, and unwavering commitment to nurturing talent truly set him apart. His visionary leadership has not only empowered our team but also revolutionized our training and development programs.

We extend our heartfelt congratulations to Mr. Chaturvedi for this remarkable achievement and for his continued contributions to our organization's success.

#leadershipaward #mysatinmypride #satincreditcarenetworklimited

Staying informed about financial topics can empower you to make smarter decisions, save more, and achieve your financial goals faster. Knowledge is your greatest asset—start learning today for a wealthier tomorrow!

#TuesdayTips ##InvestInYourself #FinancialGoals

Today, let’s reflect on the importance of planning for our families rather than over-planning family size. A well-planned family is the foundation of a prosperous future.

By focusing on financial stability, education, and health, we can ensure that each member of the family thrives. Let's prioritize quality over quantity and invest in a better future for our loved ones.

#WorldPopulationDay #FamilyPlanning #FinancialStabilit

Well, we all know the drill: from Monday blues to an excited Friyay! #JustforHumor

#worldemojiday #wittywednesday #satincreditcarenetworklimited

	Mar '14	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24
revenue				7.82B -	10.31B 31.90%	12.10B 17.33%	12.10B 0%	11.91B 1.51%	12.54B 5.24%	12.54B 0%	22.41B 78.72%
cost of revenue					6.85B -	9.19B 34.15%	9.19B 0%	9.44B 2.71%	9.77B 3.49%	9.77B 0%	9.24B 5.43%
gross profit					3.46B -	2.91B 15.98%	2.91B 0%	2.47B 14.87%	2.77B 11.93%	2.77B 0%	13.17B 375.53%
selling and marketing expenses						30.24M -	30.24M 0%	11.06M 63.44%	10.49M 5.15%	10.49M 0%
general and administrative expenses					120.28M -	404.62M 236.39%	404.62M 0%	421.24M 4.11%	407.49M 3.26%	407.49M 0%
selling general and administrative expenses					120.28M -	434.86M 261.53%	434.86M 0%	432.30M 0.59%	417.98M 3.31%	417.98M 0%
research and development expenses
other expenses	610.59M -	977.46M 60.08%	1.44B 47.62%	1.10B 23.53%	3.18B 188.34%	25.14M 99.21%	25.14M 0%	30.95M 23.13%	34.77M 12.36%	565.13M 1,525.15%	-5.83B 1,131.91%
cost and expenses					10.15B -	10.69B 5.27%	10.69B 0%	9.87B 7.63%	10.75B 8.91%	10.75B 0%	15.07B 40.17%
operating expenses	610.59M -	977.46M 60.08%	1.62B 65.91%	1.36B 16.42%	3.30B 143.62%	1.50B 54.64%	1.50B 0%	432.76M 71.10%	983.11M 127.17%	983.11M 0%	5.83B 493.18%
interest expense					3.45B -	6.45B 86.83%	18.82M 99.71%	11.00M 41.53%	8.90M 19.09%	8.90M 0%
ebitda					307.17M -	423.55M 37.89%	423.55M 0%	2.98B 602.42%	2.47B 16.96%	2.47B 0%	7.56B 206.16%
operating income					156.91M -	1.41B 797.73%	1.41B 0%	2.04B 44.92%	1.45B 29.07%	2.31B 59.75%	7.34B 217.20%
depreciation and amortization	7.15M -	19.58M 173.98%	28.82M 47.19%		147.43M -	125.11M 15.14%	125.11M 0%	150.76M 20.50%	157.40M 4.40%	157.40M 0%	226.61M 43.97%
total other income expenses net					-228.67M -	1.75B 865.04%	1.75B 0%	-97.54M 105.58%	341.79M 450.41%	-1.97B 676.75%	-1.51B 23.50%
income before tax					-71.76M -	3.16B 4,500.83%	3.16B 0%	-97.54M 103.09%	341.79M 450.41%	341.79M 0%	5.83B 1,605.42%
income tax expense					-37.45M -	1.14B 3,152.60%	1.14B 0%	42.28M 96.30%	134.80M 218.80%	134.80M 0%	1.47B 990.16%
net income	155.58M -	317.16M 103.86%	579.41M 82.69%	248.74M 57.07%	-26.90M 110.81%	2.01B 7,580.64%	1.55B 22.97%	-139.82M 109.02%	206.99M 248.04%	206.99M 0%	4.36B 2,006.09%
weighted average shs out	24.20M -	27.03M 11.69%	30.19M 11.68%	36.67M 21.46%	45.02M 22.78%	51.55M 14.52%	51.55M 0%	62.00M 20.26%	69.89M 12.73%	69.89M 0%
weighted average shs out dil	24.76M -	27.59M 11.43%	30.67M 11.14%	37.12M 21.04%	45.93M 23.74%	52.08M 13.40%	52.08M 0%	62.00M 19.03%	76.04M 22.66%	76.04M 0%
eps	6.40 -	11.40 78.13%	19 66.67%	6.78 64.32%	-0.60 108.85%	39.03 6,605.00%	39.03 0%	-2.26 105.79%	2.96 230.97%	2.96 0%	44.34 1,397.97%
epsdiluted	6.25 -	11.17 78.72%	18.71 67.50%	6.70 64.19%	-0.59 108.81%	38.63 6,647.46%	38.63 0%	-2.26 105.85%	2.72 220.35%	2.72 0%	43.27 1,490.81%

SATI

COM:SATINCREDITCARE

Satin Creditcare Network Ltd.

Last Close

148.04

22/11 09:59

Market Cap

23.40B

Beta: -

Volume Today

419.08K

Avg: -

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