Satin Creditcare

Satin Creditcare

Non-banking finance company providing individual loans to urban shopkeepers. Learn more

Launch date
Employees
Market cap
€283m
Enterprise valuation
€1.1b (Public information from Sep 2024)
India (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
INR2021202220232024202520262027
Revenues11.9b12.5b13.3b18.6b16.7b20.4b25.4b
% growth4 %5 %6 %40 %(10 %)22 %25 %
EBITDA3.0b2.5b3.8b7.6b---
% EBITDA margin25 %20 %29 %41 %---
Profit(140m)207m48.1m4.4b5.0b6.5b8.6b
% profit margin(1 %)2 %-23 %30 %32 %34 %
EV / revenue--0.8x1.2x1.4x1.1x0.9x
EV / EBITDA--2.9x3.0x---
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DateInvestorsAmountRound
-

N/A

-
*

$3.0m

Post IPO Convertible
*
N/A

$2.4m

Post IPO Debt
*
N/A

N/A

Secondary
*

$40.0m

Post IPO Debt
*

€15.0m

Post IPO Debt
Total Funding-

Recent News about Satin Creditcare

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More about Satin Creditcareinfo icon
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Satin Creditcare Network Limited (SCNL) is a leading microfinance institution in India, dedicated to driving financial inclusion and socio-economic progress for low-income communities. Operating as a Non-Banking Financial Corporation (NBFC), SCNL focuses on providing microloans to underserved populations, enabling them to improve their livelihoods and achieve financial stability. The company operates in over 24 states across India, with a growing presence in South India. SCNL's business model is scalable and has a proven track record of successful replication, featuring industry-leading repayment rates. The company leverages a vast branch network, a proprietary IT platform, and strong internal controls to maintain low-cost operations and ensure efficient service delivery. SCNL serves a diverse clientele, primarily targeting low-income individuals and small businesses that lack access to traditional banking services. The company generates revenue through interest income on microloans and other financial products. SCNL's commitment to financial inclusion and socio-economic development is reflected in its core values and mission. The company has received numerous awards and recognitions for its impact and contributions to the microfinance industry.

Keywords: microfinance, financial inclusion, low-income communities, microloans, NBFC, scalable model, branch network, proprietary IT platform, socio-economic progress, India.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Satin Creditcare

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