Equitas Small Fin.

₹93.4 0.6 | 0.6%

WEBSITE BSE:543243 NSE : EQUITASBNK 10 May, 16:01

Market Cap ₹10605 Cr.

Stock P/E 13.2

P/B 1.8

Current Price ₹93.4

Book Value ₹ 52.6

Face Value 10

52W High ₹116.5

Dividend Yield 1.07%

52W Low ₹ 74.9

Edit Ratio

Equitas Small Fin. Research see more...

Overview Inc. Year: 1993Industry: Bank - Private

Equitas Small Finance Bank Ltd gives various banking products and services to people, small and medium organisations, and corporates mainly in India. The agency operates via Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers fixed and other deposit products; financial savings; enterprise, income, TASC, and current ac; gold, home, used vehicle, enterprise, and MSME loans, in addition to loans against belongings; investment offerings; general, life, and health insurances; pension schemes; vehicle, NBFC, and micro financing services; certificates of deposits; payments and collection solutions; fund transfer services; and debit cards. The company also affords online and mobile banking offerings; and products for agri enterprise. It has 861 banking retailers and 332 ATMs. The agency was previously referred to as Equitas Finance Ltd and changed its name to Equitas Small Finance Bank Ltd in September 2016. The business enterprise incorporated in 1993 and is based in Chennai, India. Equitas Small Finance Bank Ltd is a subsidiary of Equitas Holdings Ltd.

Equitas Small Fin. Share Price

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Volume

Price

Price: NSE50 DMA200 DMAVolume

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Peer Comparison

Equitas Small Fin. Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Interest Earned	901	896	940	1002	1063	1156	1254	1359	1429	1445
Other Income	134	148	133	145	153	239	171	181	205	240
Total Income	1035	1044	1074	1147	1216	1394	1425	1540	1634	1685
Interest Expense	360	343	360	393	416	449	511	593	644	659
Operating Expenditure	450	417	446	512	521	559	602	617	630	652
Provisions and contingencies	78	123	142	90	50	126	60	63	84	107
Operating Profit	146	161	127	152	229	261	252	267	276	268
Profit Before Tax	146	161	127	152	229	261	252	267	276	268
Provision for Tax	38	41	30	36	59	71	61	69	74	61
Profit After Tax	108	120	97	116	170	190	191	198	202	208
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	108	120	97	116	170	190	191	198	202	208
Adjusted Earnings Per Share	0.9	1	0.8	0.9	1.4	1.7	1.7	1.8	1.8	1.8

Equitas Small Fin. Profit & Loss

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Interest Earned	408	981	1543	2112	2645	3194	3460	4162	5487
Other Income	71	233	241	283	282	418	538	670	797
Total Income	479	1214	1784	2395	2928	3612	3997	4831	6284
Interest Expense	155	447	682	960	1150	1396	1421	1617	2407
Operating Expenditure	184	509	881	1008	1180	1329	1704	2038	2501
Provisions and contingencies	10	96	172	102	247	375	494	407	314
Operating Profit	131	161	49	324	351	511	378	769	1063
Profit Before Tax	131	161	49	324	351	511	378	769	1063
Provision for Tax	46	57	17	113	107	127	97	195	265
Profit After Tax	85	104	32	211	244	384	281	574	799
Adjustments	0	126	0	0	0	0	0	0	0
Profit After Adjustments	85	230	32	211	244	384	281	574	799
Adjusted Earnings Per Share	2	1	0.3	2.1	2.3	3.4	2.2	5.2	7.1

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	20%	16%	22%	0%
Operating Profit CAGR	103%	30%	73%	0%
PAT CAGR	104%	33%	78%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	17%	18%	NA%	NA%
ROE Average	12%	11%	10%	9%
ROCE Average	14%	12%	11%	11%

Equitas Small Fin. Balance Sheet

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	711	2012	2044	2254	2744	3396	4246	5158
Minority's Interest	0	0	0	0	0	0	0	0
Deposits	0	1921	5604	9007	10788	16392	18951	25381
Borrowings	1638	4779	5177	3973	5135	4165	2616	2974
Other Liabilities & Provisions	65	533	485	529	628	755	1134	1446
Total Liabilities	2414	9245	13310	15763	19296	24708	26948	34958
Cash and balance with RBI	5	248	386	403	381	515	2077	1174
Bank Balance	96	866	825	858	2156	2864	56	70
Investments	0	1890	3857	2344	2343	3705	4450	6665
Advances	2227	5702	7707	11595	13728	16848	19374	25799
Fixed Assets	11	274	280	236	210	184	189	338
Other Assets	75	251	254	325	475	591	791	872
Total Assets	2414	9245	13310	15763	19296	24708	26948	34958

Equitas Small Fin. Cash Flow

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	271	94	996	1169	1255	2531	3379	2133
Cash Flow from Operating Activities	-336	1334	206	1799	440	2044	159	-998
Cash Flow from Investing Activities	-9	-405	-4	-7	-72	-43	-89	-261
Cash Flow from Financing Activities	168	-563	-28	-1706	908	-1154	-1317	60
Net Cash Inflow / Outflow	-177	366	173	86	1276	847	-1246	-1199
Closing Cash & Cash Equivalent	94	996	1169	1255	2531	3379	2133	1244

Equitas Small Fin. Ratios

#	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	2.01	1.04	0.32	2.09	2.31	3.37	2.24	5.16
CEPS(Rs)	2.12	1.35	1.19	3.01	3.23	4.04	2.84	5.93
DPS(Rs)	0	0	0	0	0	0	0	1
Book NAV/Share(Rs)	16.81	20	20.32	22.41	26.05	29.81	33.9	46.39
Yield on Advances	18.33	17.21	20.02	18.21	19.27	18.96	17.86	16.13
Yield on Investments	0	3.83	4.43	11.14	6.87	7.13	6.49	5.06
Cost of Liabilities	9.48	6.67	6.33	7.4	7.22	6.79	6.59	5.7
NIM (Net Interest Margin)	10.87	6.13	6.74	7.58	8.04	7.51	7.85	7.55
Interest Spread	8.85	10.53	13.69	10.82	12.05	12.17	11.27	10.43
ROA(%)	3.53	1.79	0.28	1.45	1.39	1.75	1.09	1.85
ROE(%)	11.97	7.65	1.57	9.8	9.75	12.51	7.35	12.21
ROCE(%)	12.18	12.53	6.94	11.51	10.82	12.15	9.21	13.71
PER(x)	0	0	0	0	0	17.81	22.81	12.99
Price/Book(x)	0	0	0	0	0	2.01	1.51	1.45
Dividend Yield(%)	0	0	0	0	0	0	0	1.49
EV/Net Sales(x)	5.05	5.9	4.01	2.36	2.34	3.45	2.61	2.5
EV/Core EBITDA(x)	14.65	22.43	28.02	11.68	10.36	12.41	10.35	8.86
Interest Earned Growth(%)	0	140.36	57.25	36.9	25.26	20.75	8.3	20.3
Net Profit Growth	0	22.34	-69.43	561.5	15.7	57.7	-26.94	104.32
Advances Growth	0	156.05	35.16	50.45	18.4	22.73	14.99	33.16
EPS Growth(%)	0	-48.56	-69.43	561.5	10.49	45.82	-33.52	130.35
Loans/Deposits(x)	0	248.73	92.39	44.11	47.6	25.41	13.81	11.72
Cash/Deposits(x)	0	0.13	0.07	0.04	0.04	0.03	0.11	0.05
Current Ratio(x)	0	0.98	0.69	0.26	0.22	0.23	0.23	0.26
Quick Ratio(x)	0	248.73	92.39	44.11	47.6	25.41	13.81	11.72
CASA %	0	17.26	29.23	25.25	20.47	34.25	52.01	42.28

Equitas Small Fin. Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	81.36	74.59	74.52	74.5	74.48	0	0	0	0	0
FII	0.74	3.62	4.09	4.26	4.08	22.68	21.45	18.16	19.6	19.5
DII	12.77	16.69	15.59	15.35	15.34	42.98	42.97	43.92	45.65	45.21
Public	5.12	5.1	5.8	5.88	6.1	34.34	35.58	37.92	34.75	35.29
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	93.39	93.39	93.39	93.39	93.39	0	0	0	0	0
FII	0.85	4.53	5.13	5.35	5.12	25.19	23.88	20.37	22.18	22.13
DII	14.66	20.89	19.54	19.25	19.24	47.73	47.84	49.27	51.65	51.3
Public	5.88	6.39	7.26	7.37	7.64	38.14	39.61	42.53	39.32	40.05
Others	0	0	0	0	0	0	0	0	0	0
Total	114.79	125.2	125.32	125.36	125.4	111.06	111.32	112.17	113.15	113.49

Pros

Company has delivered good profit growth of 78% CAGR over last 5 years

Cons

Promoter holding is low: 0%.
Company has a low return on equity of 11% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Equitas Small Fin.

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Equitas Small Fin. Research see more...

Overview Inc. Year: 1993Industry: Bank - Private

Equitas Small Fin. Share Price

Alert Data

Quarterly Price

Peer Comparison

Equitas Small Fin. Quarterly Results

Equitas Small Fin. Profit & Loss

Growth Rates

Equitas Small Fin. Balance Sheet

Equitas Small Fin. Cash Flow

Equitas Small Fin. Ratios

Equitas Small Fin. Shareholding Pattern

Equitas Small Fin. News

Top Unlisted Companies & InstaBuy Companies

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