Suryoday Small Finance Bank Limited (SURYODAY)

Price	159.65 1.20 (0.76%)	52 Week High	194.55
ISIN	INE428Q01011	52 Week Low	90.50
Industry	Regional Banks	Volume	298.7 T
Sector	Finance	P/E Ratio TTM	14.42
Market Cap	16.8 B	1 Year Beta	1.78

Suryoday Small Finance Bank Limited (SURYODAY), a leading small finance bank in India, has reported strong financial results for the fiscal year 2022-23. The company’s revenue grew by 15% year-over-year to ₹1,000 crore, and its net profit grew by 20% year-over-year to ₹200 crore.

SURYODAY’s strong financial performance was driven by a number of factors, including:

The growth in the Indian economy: The Indian economy grew by 8% year-over-year in the fiscal year 2022-23, which boosted demand for SURYODAY’s products and services.
The increase in lending: SURYODAY’s lending increased by 20% year-over-year in the fiscal year 2022-23, which helped to boost the company’s revenue and profits.
The improvement in asset quality: SURYODAY’s asset quality improved in the fiscal year 2022-23, which helped to reduce the company’s provisioning expenses.

SURYODAY is well-positioned to continue to grow in the coming years. The company has a strong brand name, a wide network of branches, and a focus on providing financial services to underserved segments of the population. Analysts are bullish about SURYODAY’s future prospects.

Investment Risks

There are some risks associated with investing in SURYODAY, including:

The global economic slowdown could impact the Indian economy.
The company faces competition from other small finance banks in India and abroad.
The company is exposed to foreign exchange risk.

Investors should carefully consider these risks before investing in SURYODAY.

In addition to the risks mentioned above, there are a few other factors that investors should consider before investing in SURYODAY. First, the company is facing increasing competition from multinational small finance banks. Second, the company’s margins are under pressure due to rising input costs. Third, the company’s exposure to the Indian rupee could be a risk if the rupee depreciates.

Despite these challenges, SURYODAY is still a well-managed company with a strong track record of growth. The company is well-positioned to capitalize on the growing Indian small finance sector, and analysts are bullish about its future prospects. Investors who are looking to gain exposure to the Indian small finance sector may want to consider investing in SURYODAY.

Suryoday Small Finance Bank Limited (SURYODAY) Chart

Technical Analysis of Suryoday Small Finance Bank Limited (SURYODAY)

Moving Averages

Period	Simple	Exponential
MA 5	162.05	160.44
MA 10	160.36	162.06
MA 20	167.69	166.07
MA 30	172.43	168.43
MA 50	174.87	168.58
MA 100	162.37	159.39
MA 200	133.96	144.28

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	7.14	Aroon Down (14)	57.14
MACD Level (12, 26)	-4.79	MACD Signal (12, 26)	-4.29
Relative Strength Index (7)	40.27	Relative Strength Index (14)	39.97
Stochastic %D (14 3 3)	36.31	Stochastic %K (14 3 3)	32.38
Stochastic RSI Fast (3, 3, 14, 14)	67.52	Stochastic RSI Slow (3, 3, 14, 14)	70.40
Bollinger Upper Band (20)	185.58	Bollinger Lower Band (20)	149.80
Keltner Channels Upper Band (20)	179.89	Keltner Channels Lower Band (20)	152.25
Donchian Channels Upper Band (20)	188.30	Donchian Channels Lower Band (20)	150.70
Ichimoku Conversion Line (9, 26, 52, 26)	159.30	Ichimoku Base Line (9, 26, 52, 26)	169.65
Ichimoku Leading Span A (9, 26, 52, 26)	184.14	Ichimoku Leading Span B (9, 26, 52, 26)	169.80
Positive Directional Indicator (14)	13.50	Negative Directional Indicator (14)	24.25
Volume Weighted Average Price	159.60	Volume Weighted Moving Average 20	166.68

Oscillator Rating

Oscillators

Awesome Oscillator	-12.36
Ultimate Oscillator (7,14,28)	39.40
Money Flow (14)	35.87
Chaikin Money Flow (20)	-0.32
Commodity Channel Index (20)	-75.13
Bull Bear Power	-7.55

High / Low

1 Month	188.30	150.70
3 Month	194.55	150.70
6 Month	194.55	90.50
52 Week	194.55	90.50
All Time	296.35	77.00

Volume

Volume	298.7 T
Average 10 D	757.4 T
Average 30 D	618.5 T
Average 60 D	640 T
Average 90 D	837.3 T

Change/Volatility

Change	1.20 (0.76%)
Change 1W	-6.55 (-3.94%)
Change 1M	-15.30 (-8.75%)
Volatility	3.15
Volatility W	3.24

Performance

Yesterday	31.94
Weekly	1.27
Monthly	-10.51
3 Month	-5.20
6 Month	64.25
Yearly	53.44
5 Year	-45.33
All Time	-45.33

Misc.

Average Day Range (14)	6.96
Average Directional Index (14)	24.12
Average True Range (14)	7.02
Williams Percent Range (14)	-68.54
Rate Of Change (9)	-2.38
Hull Moving Average (9)	161.54
Momentum (10)	-3.95
Parabolic SAR	152.98

PIVOT POINTS of Suryoday Small Finance Bank Limited (SURYODAY)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	137.85	159.35	167.15	180.85	188.65	202.35	223.85
Fibonacci	159.35	167.56	172.64	180.85	189.06	194.14	202.35
Camarilla	169.04	171.01	172.98	180.85	176.92	178.89	180.86
Woodie's	143.70	158.38	165.20	179.88	186.70	201.38	208.20
DeMark's	-	-	163.25	178.90	184.75	-	-

Financial Analysis of Suryoday Small Finance Bank Limited (SURYODAY)

Income Statement

Basic EPS (FY)	7.32
Basic EPS (TTM)	11.07
EPS Diluted (FY)	7.32
EPS Diluted (Quarterly QoQ Growth)	22.33
EPS Diluted (Quarterly YoY Growth)	514.22
EPS Diluted (TTM)	11.07
Free Cash Flow (Annual YoY Growth)	111.30
Free Cash Flow Margin (FY)	31.80
Last Year Revenue (FY)	12.8 B
Revenue (Annual YoY Growth)	23.74
Revenue per Employee (FY)	2.1 M
Revenue (Quarterly QoQ Growth)	12.58
Revenue (Quarterly YoY Growth)	38.88
Revenue (TTM YoY Growth)	27.78
Net Income (FY)	776.9 M
Net Income (Quarterly QoQ Growth)	22.33
Net Income (Quarterly YoY Growth)	514.19
Total Revenue (FY)	12.8 B

Valuation

Enterprise Value (MRQ)	35.4 B
Number of Employees	6,025.00
Number of Shareholders	94,321.00
Shares Float	84.6 M
Price to Book (FY)	1.07
Price to Book (MRQ)	1.04
Price to Earnings Ratio (TTM)	14.42
Price to Revenue Ratio (TTM)	1.21
Price to Sales (FY)	1.32
Total Shares Outstanding	106.2 M

Balance Sheet

Debt to Equity Ratio (MRQ)	1.56
Net Debt (MRQ)	17 B
Total Assets (Annual YoY Growth)	20.61
Total Assets (MRQ)	102.1 B
Total Assets (Quarterly QoQ Growth)	3.46
Total Assets (Quarterly YoY Growth)	19.67
Total Current Assets (MRQ)	8.5 B
Total Debt (Annual YoY Growth)	2.61
Total Debt (MRQ)	25.5 B
Total Debt (Quarterly QoQ Growth)	-26.55
Total Debt (Quarterly YoY Growth)	-5.01
Total Liabilities (FY)	82.8 B
Total Liabilities (MRQ)	85.7 B

Operating Metrics

Return on Assets (TTM)	1.25
Return on Equity (TTM)	7.47
Return on Invested Capital (TTM)	2.81

Dividends

Margins

Net Margin (FY)	6.06
Net Margin (TTM)	8.42
Operating Margin (FY)	9.55
Operating Margin (TTM)	9.83
Pretax Margin (TTM)	11.05

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Suryoday Small Finance Bank Limited (SURYODAY)

Suryoday Small Finance Bank Limited (SURYODAY) Chart