Equitas Small Finance Bank Ltd (EQUITASBNK)
₹53.59
Mkt cap
₹6,131 Cr
P/E ratio
8.70
P/B
0.94
Div yield
0.00%
ROE
1.68%
ROCE
6.43%
EPS (TTM)
₹6.16
Book value
₹57
52W range
47–84
Sector
Financial Services
Price history
Previous close
Equitas Small Finance Bank Ltd before acquiring small bank license, operated as a wholly-owned subsidiary of Equitas Holding Ltd. The holding entity started its operations in 2007 in the microfinance segment & diversified into vehicle & housing finance in 2011. Also entered into SME & LAP in 2013. It merged with the other two subsidiaries named Equitas Microfinance Ltd & Equitas Housing Finance Ltd & formed a bank. After receiving a license in Sept 2016 the company commenced operations under Equitas small finance Bank. [1] [2]
NSE EQUITASBNKBSE 543243
Health check
Cautious
ValuationFair
ProfitabilityWeak
TechnicalsNeutral
52-week range
−36.13% from high₹54
₹47+13.25% from low₹84
Current
₹53.59
Prev close
₹57.17
Day
−6.26%
Price performance
1D
−7.47%
1W
−19.58%
1M
−21.13%
3M
−27.11%
6M
−20.94%
1Y
−9.14%
YTD
−16.47%
Financials
Revenue, profit & margin
P/E ratio
8.7×
EQUITASBNK is 5% above the sector median of 8.3×
EQUITASBNK8.7×
Sector median8.3×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,359 | 1,429 | 1,445 | 1,501 | 1,555 | 1,612 | 1,644 | 1,649 | 1,617 | 1,692 | 1,836 | 1,960 | 2,066 | |
| Interest | 593 | 644 | 659 | 699 | 753 | 794 | 815 | 863 | 844 | 840 | 856 | 931 | 1,040 | |
| Expenses | 680 | 715 | 758 | 974 | 1,021 | 967 | 1,002 | 1,375 | 969 | 1,027 | 965 | 1,041 | 1,030 | |
| Financing Profit | 86 | 70 | 28 | -173 | -219 | -149 | -172 | -589 | -195 | -176 | 15 | -11 | -4 | |
| Financing Margin % | 6% | 5% | 2% | -12% | -14% | -9% | -10% | -36% | -12% | -10% | 1% | -1% | -0% | |
| Other Income | 181 | 205 | 240 | 209 | 239 | 238 | 225 | 292 | 229 | 289 | 263 | 255 | 292 | |
| Depreciation | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
| Profit before tax | 267 | 276 | 268 | 36 | 20 | 90 | 53 | -297 | 34 | 114 | 278 | 244 | 287 | |
| Tax % | 26% | 27% | 23% | 28% | 36% | 26% | 21% | -25% | 28% | 21% | 24% | 25% | 24% | |
| Net Profit | 198 | 202 | 208 | 26 | 13 | 66 | 42 | -224 | 24 | 90 | 213 | 184 | 218 | |
| EPS in Rs | 1.77 | 1.79 | 1.83 | 0.23 | 0.11 | 0.58 | 0.37 | -1.96 | 0.21 | 0.79 | 1.86 | 1.61 | 1.91 | |
| Gross NPA % | 2.27% | 2.53% | 2.61% | 2.73% | 2.95% | 2.97% | 2.89% | 2.92% | 2.92% | 2.75% | 2.60% | 2.42% | 2.29% | |
| Net NPA % | 0.97% | 1.13% | 1.17% | 0.83% | 0.97% | 0.96% | 0.98% | 0.98% | 0.98% | 0.92% | 0.72% | 0.71% | 0.70% | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 2026FIIs15.80%0.10
DIIs52.25%1.00
Public31.95%1.09
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| AU Small Finance | ₹864.00 | 20.60 | 64,953 | 0.12% | 858 | +52.92% | 5,612 | +24.40% | 7.66% |
| Ujjivan Small | ₹53.09 | 9.02 | 10,368 | 0.00% | 365 | +199.91% | 2,153 | +28.00% | 7.73% |
| Equitas Sma. Fin | ₹53.59 | 8.70 | 6,131 | 0.00% | 218 | +803.23% | 2,066 | +27.74% | 6.43% |
| Jana Small Finan | ₹373.50 | 8.32 | 3,953 | 0.00% | 170 | +127.18% | 1,587 | +22.62% | 7.45% |
| ESAF Small Fin | ₹42.46 | 8.09 | 2,192 | 0.00% | 160 | +238.30% | 1,175 | +43.29% | 5.65% |
| Utkarsh Small F. | ₹11.46 | — | 2,039 | 0.00% | −34 | +85.84% | 884 | +0.30% | 1.46% |
| Suryoday Small | ₹134.73 | 6.02 | 1,432 | 1.11% | 77 | +151.73% | 703 | +35.25% | 7.33% |
| Median: 9 Co. | ₹116.83 | 8.32 | 2,192 | 0.00% | 160 | +127.18% | 1,175 | +24.40% | 7.07% |
Filings
Annual reports6
Concall transcripts60
PPTOct 2026RECOct 2026TranscriptAug 2026PPTAug 2026RECAug 2026PPTJun 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Oct - Equitas Small Finance Bank Limited has informeds regarding the copy of newspaper publications on unaudited financial results of the Bank for the quarter and half …Investor Conference To Be Attended By The Representatives Of The Bank 30 Oct - Equitas Small Finance Bank to attend Ashika Institutional Equities Investor Conference on November 5, 2026 in Mumbai.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 29 Oct - Equitas Small Finance Bank shared October 29, 2026 earnings call audio for Q2 and H1 FY26 results.Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2026 29 Oct - Board approved Q2 FY27 results, reappointed Part-Time Chairman till April 24, 2030, and shifted Chennai registered office.Announcement under Regulation 30 (LODR)-Investor Presentation 29 Oct - Equitas Small Finance Bank Limited has informeds regarding the Investor presentation on the Unaudited financial results for the quarter and half year ended September 30,2026