Equitas Small Finance Bank Ltd (EQUITASBNK)
₹78.34
Mkt cap
₹9,139 Cr
P/E ratio
88.70
P/B
1.46
Div yield
0.00%
ROE
1.69%
ROCE
6.44%
EPS (TTM)
₹0.88
Book value
₹54
52W range
50–83
Sector
Financial Services
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]
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
TechnicalsBullish
52-week range
−5.69% from high₹78
₹50+55.84% from low₹83
Current
₹78.34
Prev close
₹78.25
Day
+0.12%
Price performance
1D
+0.12%
1W
−1.19%
1M
+4.26%
3M
+20.12%
6M
+16.56%
1Y
+24.21%
YTD
+22.10%
Financials
FRevenue, profit & margin
P/E ratio
88.7×
EQUITASBNK is 383% above the sector median of 18.4×
EQUITASBNK88.7×
Sector median18.4×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,156 | 1,254 | 1,359 | 1,429 | 1,445 | 1,501 | 1,555 | 1,612 | 1,644 | 1,649 | 1,617 | 1,692 | 1,836 | |
| Interest | 449 | 511 | 593 | 644 | 659 | 699 | 753 | 794 | 815 | 863 | 844 | 840 | 856 | |
| Expenses | 685 | 662 | 680 | 715 | 758 | 974 | 1,021 | 967 | 1,002 | 1,375 | 969 | 1,027 | 965 | |
| Financing Profit | 22 | 81 | 86 | 70 | 28 | -173 | -219 | -149 | -172 | -589 | -195 | -176 | 15 | |
| Financing Margin % | 2% | 6% | 6% | 5% | 2% | -12% | -14% | -9% | -10% | -36% | -12% | -10% | 1% | |
| Other Income | 239 | 171 | 181 | 205 | 240 | 209 | 239 | 238 | 225 | 292 | 229 | 289 | 263 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit before tax | 261 | 252 | 267 | 276 | 268 | 36 | 20 | 90 | 53 | -297 | 34 | 114 | 278 | |
| Tax % | 27% | 24% | 26% | 27% | 23% | 28% | 36% | 26% | 21% | -25% | 28% | 21% | 24% | |
| Net Profit | 190 | 191 | 198 | 202 | 208 | 26 | 13 | 66 | 42 | -224 | 24 | 90 | 213 | |
| EPS in Rs | 1.71 | 1.72 | 1.77 | 1.79 | 1.83 | 0.23 | 0.11 | 0.58 | 0.37 | -1.96 | 0.21 | 0.79 | 1.86 | |
| Gross NPA % | 2.76% | 2.75% | 2.27% | 2.53% | 2.61% | 2.73% | 2.95% | 2.97% | 2.89% | 2.92% | 2.92% | 2.75% | 2.60% | |
| Net NPA % | 1.21% | 1.18% | 0.97% | 1.13% | 1.17% | 0.83% | 0.97% | 0.96% | 0.98% | 0.98% | 0.98% | 0.92% | 0.72% | |
| Raw PDF |
Earnings
EResults dates & reactionsNext results
28 Jul '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Mar 2026FIIs14.74%0.12
DIIs50.87%0.91
Public34.38%1.04
Ownership trend
Peers
P7 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 | ₹1,040.60 | 29.51 | 77,938 | 0.10% | 832 | +65.15% | 5,019 | +17.53% | 7.66% |
| Ujjivan Small | ₹65.51 | 18.38 | 12,747 | 0.00% | 282 | +238.13% | 1,878 | +19.39% | 7.73% |
| Equitas Sma. Fin | ₹79.89 | 88.66 | 9,139 | 0.00% | 213 | +405.06% | 1,836 | +11.70% | 6.44% |
| Jana Small Finan | ₹488.90 | 13.56 | 5,150 | 0.00% | 155 | +52.29% | 1,515 | +22.08% | 7.45% |
| Utkarsh Small F. | ₹14.97 | — | 2,664 | 0.00% | −188 | −6,430.64% | 837 | −4.87% | 1.46% |
| Suryoday Small | ₹189.21 | 13.23 | 2,011 | 0.79% | 50 | +247.19% | 602 | +27.84% | 7.33% |
| ESAF Small Fin | ₹35.81 | — | 1,848 | 0.00% | 24 | +112.83% | 995 | +11.55% | 5.64% |
| Median: 9 Co. | ₹170.77 | 18.38 | 2,664 | 0.00% | 50 | +65.15% | 995 | +18.01% | 7.07% |
Filings
DAnnual reports5
Concall transcripts55
PPTJun 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024TranscriptNov 2024PPTNov 2024RECNov 2024TranscriptJul 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Jul - Equitas Small Finance Bank Limited has informeds regarding the newspaper advertisements published on July 06, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Jul - Equitas Small Finance Bank Limited has informeds regarding the Certificate under Regulation 74(5) of SEBI (DP) Regulations,2018 for the quarter ended June 30,2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 3 JulBusiness Updates For The Quarter Ended June 30, 2026 2 Jul - Equitas Small Finance Bank reported June 2026 gross advances of Rs 47,653 crore and deposits of Rs 48,976 crore.Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 2 Jul - Equitas Small Finance Bank Limited has informeds regarding the allotment of shares pursuant to exercise of ESOP