SURYODAYFinancial Services

Suryoday Small Finance Bank Limited

Other Bank · ISIN INE428Q01011 · BSE 543279 · NSE EQ · FV ₹10
Last price
₹147
+2.02%today
What this company does

Suryoday Small Finance Bank Limited operates in Other Bank, part of the Financial Services sector. It booked ₹622 cr of revenue in its latest quarter (Q1 FY27) and kept 12.1% of sales as profit. It is the 7th largest of 9 Other Bank companies we track, by market value.

In the report:
53out of 100
Equitytale Health Score
Mixed

Healthier than 53% of companies in Financial Services, on the 4 of 6 measures we could read for it. Each measure is ranked against the 26–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
36

At close. Not part of the score.

Profitability & returns48

How much profit it earns on the money it employs

Cash quality95

Whether reported profit actually arrives as cash

Valuation46

What today's price implies, against our models or its peers

Governance & risk47

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: balance sheet, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 26% vs last year
Profit up 113% vs last year
Turns profit into real cash
Watch-outs
! 22.4% of promoter stake pledged
! Carries high debt (D/E 1.5)

What if I invest in SURYODAY?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹147 +2.02%
latest close · 2026-09-17
1-year return
-6.4%
52-wk low ₹7852-wk high ₹225
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio5.2Low
LowAverageHigh
P/B ratio0.75Below book
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.5%Fair
WeakFairStrong ▸15%
Net margin12.1%Decent
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.50High
LowModerateHigh ▸1
More figures
Market cap
₹1,557 cr
Book value
₹196
EPS
₹7.07
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
1.5%
Earnings yield
19.30%
P/S
0.63
Sales / share
₹234.2
Tax rate
26.2%
Face value
₹10
Shares
10.6 cr
Working capital
Current assets
Current liabilities
Delivery %
49.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹110 vs market price ₹147 — price is 33% above it
Safety cushion-33.5%(target ≥ +20%)
Models span ₹86₹133, midpoint ₹110
Model ₹110
Price ₹147
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Interest Earned₹622 cr
Other Income₹148 cr
Total Income₹770 cr
Interest Expended₹307 cr
Employee Cost₹137 cr
Other Operating Expenses₹188 cr
Total Expenditure₹632 cr
Operating Profit before Provisions₹139 cr
Provisions & Contingencies₹37 cr
Profit before Tax₹102 cr
Tax Expense₹27 cr
Net Profit₹75 cr
Net margin on total income9.8%
Where the money goes

Not enough income-statement detail filed to break this down yet.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue544 cr602 cr622 cr
Total income625 cr692 cr770 cr
Expenses
Profit before tax48 cr66 cr102 cr
Tax11 cr16 cr27 cr
Net profit (owners' share)37 cr50 cr75 cr
Net margin (owners' share, on revenue)6.7%8.3%12.1%
EPS (₹)3.444.687.07
YoY (latest quarter): total income +27.6% · net profit +113.1%
Balance sheet & cash flow · as of Mar 2026
Total assets
₹19,884 cr
Shareholder equity
₹2,078 cr
parent shareholders
Borrowings
₹3,122 cr
excl. customer deposits
Cash
Cash flow · H1 FY26
Operating
₹586 cr
Investing
₹-314 cr
Financing
₹-545 cr
Peer comparison
Other Bank · by market value
CompanyPriceMarket capP/E
AU Small Finance Bank Limited₹1,039₹77,841 cr24.4
Ujjivan Small Finance Bank Limited₹64₹12,444 cr9.8
Equitas Small Finance Bank Limited₹72₹8,250 cr11.2
Jana Small Finance Bank Limited₹520₹5,479 cr8.8
Utkarsh Small Finance Bank Limited₹14₹2,500 cr
ESAF Small Finance Bank Limited₹38₹1,983 cr6.2
Suryoday Small Finance Bank Limitedthis company₹147₹1,557 cr5.2
Capital Small Finance Bank Limited₹280₹1,273 cr7.7
Fino Payments Bank Limited₹136₹1,135 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.02%
trailing 12 months
Dividend / share (TTM)
₹1.5
Last dividend
₹1.5
ex 17 Jul 2026
ActionDetailEx-date
Dividend₹1.5 / share17 Jul 2026
Who owns it · 2026-06-30
22.4% pledged
Promoter
22.5%
FII / Foreign
5.3%
DII / Domestic
5.5%
Retail / others
66.7%
Promoter stake up 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtBaskar Babu Ramachandran · Promoters50,000 · ₹63.8 L17 Mar 26
SoldSAMEER SRINIVAS RANADE · Employees/Designated Employees9,750 · ₹12.9 L26 Sep 25
SoldNARAYAN VASUDEVA RAO · -99,000 · ₹1.2 cr27 May 25
Bulk / block deals
short · NSE16126 Aug 26
BoughtJUNOMONETA FINSOL PRIVATE LIMITED · NSE6.45 L @ ₹191.527 Jul 26
SoldJUNOMONETA FINSOL PRIVATE LIMITED · NSE6.43 L @ ₹191.7127 Jul 26
Stake changes
BoughtMr. Baskar Babu Ramachandran along with pac · promoter→ 5.22% · 50,00018 Mar 26
BoughtMr. Baskar Babu Ramachandran · promoter→ 0.15% · 1.50 L17 Mar 25
SoldMs. Savita Surendra Pai · promoter→ 2.01% · 68,4933 Sep 24
Promoter pledges
PledgedThe shares were pledged in favour of Yule Investments Private Limited (900000) and Arnold Holdings Ltd (1300000)22.00 L · 2.96% held11 Sep 23
ReleasedThe shares were pleded in favour of Universal trusteeship Services Ltd acting as security trustee for the benefit of lenders. I.e. Avendus Finance Pvt ltd .kiran VYapa limited and Placid Limited. Since loan has been repaid accordingly the pledge on shares has been release/Revoked.22.00 L · 5.03% held31 Aug 23
ReleasedUniversal Trusteeship Services Limited acting as security trustee for the benefit of lenders i.e. Avendus Finance Private Limited. Kiran Vyapar Limited and placid Limited9.50 L · 5.92% held24 Aug 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 28 Feb 2026
See the official result
1
To consider and approve raising of funds for an aggregate amount not exceeding Rs. 1,000 Crore (Rupees One Thousand Crore Only) through issue of Equity Shares, equity linked securities, warrants, and/or any other eligible securities by way of Preferential Allotment, Qualified Institutions Placement (“QIP”) or Private Placement or through Rights issue or any other permissible mode(s) and/or combination thereof.
Backed by 29% of shareholders other than promotersneeded 75%
84.03 L votes for, 2.10 cr against · 93% of mutual funds and other big investors said no
2
To consider and approve the re-appointment of Mr. Krishna Prasad Nair (DIN: 02611496) as a Non-Executive Independent Director on the Board of the Bank, post completion of his first term on July 21, 2026, for further period of 3 years.
Backed by 99% of shareholders other than promotersneeded 75%
2.92 cr votes for, 1.71 L against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 22.5% between them · as of 2026-06-30
BASKAR BABU RAMACHANDRAN5.22%
SHEELA PAI COLE4.18%
SUNAINA PAI OCALAN4.18%
PERUVAMBA SUBRAMANIAM JAGDISH3.32%
PANEMANGALORE SURENDRA PAI2.28%
SAVITA SURENDRA PAI2.01%
PERUVAMBA ENGINEERING LLP0.78%
GEALGEO VARGHESE ALANKARA0.51%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.