Equitas Small Finance Bank Limited
Equitas Small Finance Bank Limited provides various banking products and services to individuals and corporates, and micro, small, and medium enterprises in India. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers fixed and term deposit products, and savings and current accounts, as well as trust, association, society, and club accounts. It also provides various loans, such as small business loans; vehicle financing, including used and new commercial vehicles and passenger cars; microfinance and microloans; affordable housing finance; MSE and NBFC finance; gold and staff loans; credit cards; and personal loans. In addition, the company offers lockers; forex services; life insurance products, including traditional, term, and ULIP; general insurance products, such as motor, fire, PA, and Sachet; health insurance products, including SAHI plans; mutual funds; FASTag; and the three-in-one account, comprising bank, demat, and trading. It serves children and senior citizens, non-resident Indians (NRIs), and farmers through banking outlets, offices, and ATMs. The company was formerly known as Equitas Finance Limited. Equitas Small Finance Bank Limited was incorporated in 1993 and is based in Chennai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 15.7%
Concerns1
- Low return on equity of 2.4%
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ6.31 K Cr | β | βΉ147.00 Cr | β | β | β | 15.1% | -81.6% |
| Mar 2024 | βΉ5.49 K Cr | β | βΉ799.00 Cr | β | β | β | 31.8% | 39.2% |
| Mar 2023 | βΉ4.16 K Cr | β | βΉ574.00 Cr | β | β | β | 20.3% | 104.3% |
| Mar 2022 | βΉ3.46 K Cr | β | βΉ281.00 Cr | β | β | β | 8.3% | -26.8% |
| Mar 2021 | βΉ3.19 K Cr | β | βΉ384.00 Cr | β | β | β | 20.8% | 57.4% |
| Mar 2020 | βΉ2.65 K Cr | β | βΉ244.00 Cr | β | β | β | 25.2% | 15.6% |
| Mar 2019 | βΉ2.11 K Cr | β | βΉ211.00 Cr | β | β | β | 36.9% | 559.4% |
| Mar 2018 | βΉ1.54 K Cr | β | βΉ32.00 Cr | β | β | β | 57.3% | -69.2% |
| Mar 2017 | βΉ981.00 Cr | β | βΉ104.00 Cr | β | β | β | 140.4% | 22.4% |
| Mar 2016 | βΉ408.00 Cr | β | βΉ85.00 Cr | β | β | β | 6700.0% | -753.8% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue | 6,522 |
| Finance Costs | 3,315 |
| Total Expenses | 4,313 |
| Financing Profit | -1,105 |
| Financing Margin % | -17% |
| Other Income | 984 |
| Depreciation & Amortisation | 0 |
| Profit Before Tax | -121 |
| Tax % | - |
| Net Profit / PAT | -91 |
| EPS (βΉ) | -0.80 |
| Dividend Payout % | - |
Peer Comparison
Financials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Equitas Small Finance Bank Limitedthis co. | βΉ7.76 K Cr | βΉ6.31 K Cr | 0.00 | 1.32 | 0.00 | 15.1% |
| HDFC Bank Ltd. | βΉ14.43 L Cr | βΉ3.01 L Cr | 20.30 | 2.78 | β | 16.3% |
| ICICI Bank Ltd. | βΉ10.28 L Cr | βΉ1.63 L Cr | 20.70 | 3.32 | β | 14.3% |
| State Bank Of India | βΉ9.49 L Cr | βΉ4.62 L Cr | 13.30 | 1.83 | β | 11.4% |
| Bajaj Finance Limited | βΉ5.91 L Cr | βΉ61.95 K Cr | 36.80 | 6.33 | β | 32.0% |
| LIFE INSURANCE CORPORATION OF INDIA | βΉ5.26 L Cr | βΉ8.87 L Cr | 10.30 | 3.73 | 9.87 | 5.2% |
| Kotak Mahindra Bank Ltd. | βΉ4.24 L Cr | βΉ52.92 K Cr | 31.70 | 3.39 | β | 15.5% |
| Industry Average | β | βΉ30.80 K Cr | 45.91 | 4.87 | 70.91 | 14.6% |