Suryoday SFB Stock Up by More Than 2% After Good Growth in Loans, Deposits in June Quarter
By Shishta Dutta | Published at: Jul 4, 2025 11:55 AM IST
Mumbai, 4 July 2025: Suryoday Small Finance Bank Ltd (NSE: SURYODAY, BSE: 543279) witnessed a sharp rise of 2.63% in early trade, reaching ₹142.17, after posting strong provisional figures for the quarter ended 30 June 2025. The stock hit an intraday high of ₹144.91 before settling near its volume-weighted average price (VWAP) of ₹142.65.
As of 10:28 am IST, the stock was trading at ₹141.46, up ₹2.93 or 2.12% from the previous close. With a market capitalisation of ₹1,500 crore, the stock remains well above its 52-week low but trades below its 52-week high of ₹205.25.
Disbursement and Deposit Growth Lead Quarterly Performance Boost
Suryoday reported notable improvement across core banking metrics in Q1 FY26. Gross advances rose by 20% year-on-year to ₹10,846 crore, while disbursements increased 30% YoY to ₹2,261 crore. On a sequential basis, both metrics grew by 6% and 8% respectively, underscoring robust lending activity.
Total deposits stood at ₹11,312 crore, a 39% increase YoY, with retail deposits contributing ₹9,230 crore, up 44% from the same period last year. Bulk deposits rose 21% YoY to ₹2,083 crore. Despite this growth, CASA deposits declined 9% QoQ to ₹2,003 crore, although still up 39% from Q1 FY25.
Q1 FY26 Key Financial Metrics (Provisional, Unaudited)
| Metric | Q1 FY26 | Q4 FY25 | QoQ Change | Q1 FY25 | YoY Change |
|---|---|---|---|---|---|
| Gross Advances (₹ Cr) | 10,846 | 10,251 | +6% | 9,037* | +20% |
| Disbursement (₹ Cr) | 2,261 | 2,101 | +8% | 1,740 | +30% |
| Total Deposits (₹ Cr) | 11,312 | 10,580 | +7% | 8,137 | +39% |
| Retail Deposits (₹ Cr) | 9,230 | 8,585 | +8% | 6,418 | +44% |
| Bulk Deposits (₹ Cr) | 2,083 | 1,995 | +4% | 1,719 | +21% |
| CASA (₹ Cr) | 2,003 | 2,212 | -9% | 1,439 | +39% |
| CASA Ratio (%) | 17.7% | 20.9% | 17.7% | ||
| GNPA (%) | 8.5% | 7.1% | 2.7% |
*Q1 FY25 includes IBPC exposures
Strong Collection Efficiency and Credit Guarantee Coverage Offer Stability
Collection efficiency (CE-1 EMI) for Q1 FY26 stood at 94.1%, while the overall collection efficiency reached 97.1%, reflecting solid repayment behaviour. CFO Kanishka Chaudhary noted that nearly 98% of the bank’s Inclusive Finance portfolio, which constitutes 48% of gross advances, is secured under the Credit Guarantee Fund for Micro Units (CGFMU).
As of Q1 FY26, total gross NPAs stood at ₹927 crore, of which ₹804 crore was covered under CGFMU. The bank successfully claimed and received ₹56 crore from the scheme during the quarter, further strengthening its asset protection.
Market Data Signals Investor Confidence Amid CASA Pressure
| Market Data | Value |
|---|---|
| Last Traded Price (₹) | 142.17 |
| Change (%) | +2.63% |
| 52-Week High / Low (₹) | 205.25 / 97.97 |
| Traded Volume (shares) | 2.72 lakh |
| Market Capitalisation (₹ Cr) | 1,511.05 |
| Free Float Market Cap (₹ Cr) | 915.66 |
| Adjusted P/E Ratio | 12.81 |
Despite a dip in the CASA ratio from 20.9% to 17.7% quarter-on-quarter, the bank’s solid deposit growth, expanding customer base, and stable collections contributed to a positive market response. The rise in share price reflects investor optimism driven by the bank’s strong Q1 operational performance.
About Suryoday Small Finance Bank
Suryoday Small Finance Bank Ltd is a listed banking institution operating under the supervision of the Reserve Bank of India and SEBI. Primarily focused on inclusive finance and retail banking, the bank has steadily expanded its footprint since its listing on 26 March 2021. It continues to enhance its position in the microfinance and small-loan segments with a focus on financial inclusion and credit accessibility.
REF: https://nsearchives.nseindia.com/corporate/SURYODAY_03072025174640_SSFB_Intimation_Pre-results_updates_Financial_Q1_FY_26-sd.pdf
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