Suryoday Small Finance Bank Limited operates as a small finance bank primarily serving the unserved and underserved with a focus on financial inclusion in India. It operates through Treasury, Retail Banking, Corporate Banking/Wholesale, and Other Banking Operation segments. The company accepts savings and current accounts, term and fixed deposits, and recurring deposits. It also provides finance for mortgage and commercial vehicles; micro finance loans; working capital and personal loans; and loans to micro, small, and medium enterprises, as well as loans to non-banking finance companies. In addition, the company offers home, secured business, joint liability group, two-wheeler, and individual loans; and emergency credit line guarantee schemes. Further, it provides debit cards; NRI banking services; internet, phone, and mobile banking services, as well as other digital payment solutions; life and general insurance services; and social security schemes. The company was incorporated in 2008 and is based in Navi Mumbai, India.
Metrics to compare | SURO | Peers Peers - average of corresponding metrics from companies closely matching SURO: INDUSINDBK, IDFCFIRSTB, DCBBANK, ESAFSFB, ICICIBANK | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipSUROPeersSector |
---|---|---|---|---|
P/E Ratio | 6.7x | 10.7x | 8.8x | |
PEG Ratio | 0.13 | 0.32 | 0.03 | |
Price/Book | 0.8x | 1.5x | 1.0x | |
Price / LTM Sales | 1.4x | 2.8x | 2.8x | |
Upside (Analyst Target) | 63.9% | 18.4% | 11.4% | |
Fair Value Upside | Unlock | 15.7% | 3.0% | Unlock |