Suryoday Small Finance Bank (SURYODAY) had a P/E of 6.5× on 6 Nov 2026, and the shares are 33% below their 52-week high. Its ROE of 11% is the second-lowest among the 7 largest Banks (Regional) peers, and net profit grew 25% a year over 3 years. For banks and lenders, ROCE and debt-to-equity are not used; it trades at 0.70× book value and its dividend yield is 1.0%. It is a small-cap company with a market cap of ₹1,549 Cr, ranked 38th of 41 Banks (Regional) companies by market cap; the shares fell 2.5% over the past year.
- ₹147.75
- ₹147.75
- ₹144.00
- ₹148.32
- 1.5 L
Health check
- ReturnsBehind
−2.5% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/B 0.70 vs peer median 1.78.
- GrowthSteady
Profit +25.1% a year over 3 years.
- ProfitabilityAverage
ROE 11.3% vs peer median 14.7%.
- Balance sheetFair
Return on assets 1.25%. Bad-loan data isn’t covered.
- Red flags1 to check
33% below its 52-week high.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,549 Cr
- Small cap
- P/E
- 6.5
- Industry 9.2
- Price to book
- 0.70
- Peers 1.78
- Dividend yield
- 1.01%
- ROE
- 11.3%
- Peers 14.7%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹22.37
- Face value ₹10
- OPM (TTM)
- 23.0%
- Net margin 15.2%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- +151.4%
- Latest quarter vs a year ago
- Price to sales
- 0.99
Strengths and risks
Strengths
- Quarterly profit up 151.4% on a year ago.
Risks to check
- 33% below its 52-week high.
About Suryoday Small Finance Bank
Suryoday Small Finance Bank Limited provides financial products to micro-entrepreneurs and underserved communities and individuals in India. It operates through Treasury, Retail Banking, Corporate Banking, and Other Banking Operation segments. The company offers savings, salary, current, and special accounts; and term and fixed deposits, recurring, and double joy deposits. It also provides two-wheeler, commercial vehicle, and car loans; micro housing…
- Headquarters
- Navi Mumbai
- Employees
- 8,574
- Sector
- Financial Services
- ISIN
- INE428Q01011
- Website
- suryoday.bank.in
Price range
- Avg volume (3M)
- 3.4 L
- 1-year return
- minus 2.5%
- From 52-week high
- minus 33.1%
Peers · Banks - Regional
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HDFCBANKHDFC Bank | 788.25 | plus 3.72% | 12,16,451 | 17.2 | 2.00 | 11.0% | 1.7% | 12.5% | 1.71% | minus 22.9% |
| ICICIBANKICICI Bank | 1,571.20 | plus 4.75% | 11,28,255 | 19.3 | 2.89 | 16.5% | 2.1% | 16.8% | 0.80% | plus 12.2% |
| SBINState Bank of India | 1,018.50 | plus 1.20% | 9,40,138 | 10.4 | 1.40 | 14.7% | 1.2% | 14.4% | 1.72% | plus 5.1% |
| KOTAKBANKKotak Mahindra Bank | 480.00 | plus 2.78% | 4,77,498 | 22.2 | 2.45 | 11.8% | 2.1% | 8.9% | 0.14% | plus 11.4% |
| AXISBANKAxis Bank | 1,322.90 | plus 3.35% | 4,11,985 | 13.8 | 1.78 | 13.9% | 1.6% | 34.6% | 0.08% | plus 4.4% |
| PNBPunjab National Bank | 126.55 | plus 0.36% | 1,45,443 | 6.4 | 0.90 | 15.1% | 1.1% | 76.4% | 2.38% | plus 2.3% |
| UNIONBANKUnion Bank of India | 187.00 | minus 0.53% | 1,42,748 | 6.5 | 1.00 | 16.3% | 1.4% | 31.7% | 2.66% | plus 24.1% |
| SURYODAYSuryoday Small Finance Bank | 145.76 | minus 1.73% | 1,549 | 6.5 | 0.70 | 11.3% | 1.3% | 25.1% | 1.01% | minus 2.5% |
| Median of 7 peers | – | 2.78% | 4,77,498 | 13.8 | 1.78 | 14.7% | 1.6% | 16.8% | 1.71% | 5.1% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 356 | 358 | 407 | 464 | 495 | |
| 248 | 267 | 285 | 307 | 334 | |
| 46.8 | 47.8 | 65.7 | 102 | 104 | |
| 24.7% | 23.5% | 24.3% | 26.2% | 26.6% | |
| 35.3 | 36.6 | 49.7 | 75.2 | 76.6 | |
| 3.32 | 3.44 | 4.68 | 7.07 | 7.19 |
Profit & loss
- Profit CAGR 3Y
- +25.1%
- EPS CAGR 3Y
- +25.0%
- ROE
- 11.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 844 | 1,182 | 1,323 | 1,458 | |
| – | +40.0% | +12.0% | +10.2% | |
| 437 | 626 | 848 | 1,062 | |
| 43.3 | 51.3 | 55.6 | 67.5 | |
| 0 | 0 | 0.1 | 0.1 | |
| 101 | 287 | 115 | 152 | |
| 23.0% | 24.9% | 25.1% | 31.3% | |
| 77.7 | 216 | 115 | 152 | |
| – | +178.0% | minus 46.8% | +32.2% | |
| 7.32 | 20.15 | 10.75 | 14.29 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 106 | 106 | 106 | 106 | |
| 1,479 | 1,699 | 1,821 | 1,972 | |
| 2,041 | 1,726 | 2,485 | 2,854 | |
| 6,235 | 8,846 | 11,202 | 14,952 | |
| 9,861 | 12,378 | 15,614 | 19,884 | |
| 164 | 169 | 290 | 298 | |
| 1.3 | 16.6 | 135 | 4.9 | |
| 2,570 | 2,599 | 3,137 | 3,693 | |
| 825 | 1,180 | 1,709 | 2,099 | |
| 6,300 | 8,413 | 10,343 | 13,790 | |
| 9,861 | 12,378 | 15,614 | 19,884 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −97.7 | 935 | 1,320 | 652 | |
| −266 | −263 | −1,059 | −792 | |
| 213 | −322 | 268 | 412 | |
| −150 | 349 | 529 | 273 | |
| −92.6 | −55.7 | −177 | −75.6 | |
| −190 | 879 | 1,143 | 577 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 19.0% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.