On May 2, Satin Creditcare Network Limited’s shares rose 12% on robust Q4 results. Satin Creditcare Network stock traded 11.87% higher at Rs 161.45 on the NSE at 12:33 pm.

Satin Creditcare Network Limited’s Asset under Management (AUM) is up by 24% YoY, and its profit after tax (PAT) for Q4FY23 rose by 60% YoY. Disbursement on a standalone basis also plunged 57%, whereas the net interest income (NII) soared 39% YoY. The Pre-Provision operating profit is up 94% YoY.

The company’s profit after tax (PAT) stood at Rs 94 crore, return on assets (RoA) stood at 4.9%, and return on equity (RoE) at 20.3% for Q4FY23. The company also stated the highest quarterly disbursements of Rs 2,546 crore.

Satin Creditcare Network limited stock lost 1.56% of its value since 2023 beginning. In contrast, the benchmark Nifty50 index gave a return of 0.5% during the same duration.

Satin Creditcare Network Limited stock underperformed the benchmark Nifty50 index by a significant margin on a five-year basis.

Satin Creditcare Network stock lost 57.22% of its value over the last five years. In comparison, the benchmark Nifty50 index has given a return of 70.94% over the same duration.