EQUITASBNK

Equitas Small Finance Bank Limited

Equitas Small Finance Bank Limited (EQUITASBNK) financial statements and selected valuation metrics through 30 June 2026.

Financial Services›Financial Services›Banks›Other Bank

equitas.bank.in(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹70.37
Market cap
8,025 Cr
Stock P/E
15.7
P/B
1.31
Dividend yield
0.0%
ROE (FY26)
1.7%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Equitas Small Finance Bank is a deposit-taking bank that lends mainly to micro and small entrepreneurs and to individuals with limited access to formal financing, and also serves affluent customers, small and medium enterprises and corporates.

Company snapshot

3rdBy market cap

Ranked among 9 companies in Other Bank.

Segment mix

Reportable segments as of 2024-12-31 (Standalone). Revenue share = segment revenue ÷ total revenue.

Largest segment: 85.0% of revenue

SegmentRevenue shareRevenuePBTAssets
Other Banking operations
1.6%
88 Cr77 Cr—
Retail Banking
85.0%
4,552 Cr-29 Cr—
Treasury
12.4%
666 Cr159 Cr—
Unallocated—0 Cr-64 Cr—
Wholesale Banking
0.9%
48 Cr2 Cr—

What we see

Concerns
  • ✗Net margin is very thin at 1.3% — little room for error if costs rise.
1 more signal from the filings.Sign in free to see them all

Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Standalone only

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Net Interest Income766 Cr785 Cr786 Cr801 Cr802 Cr818 Cr829 Cr786 Cr774 Cr852 Cr980 Cr1,030 Cr
Other income181 Cr205 Cr240 Cr209 Cr239 Cr238 Cr225 Cr292 Cr229 Cr289 Cr263 Cr255 Cr
Net operating income947 Cr991 Cr1,026 Cr1,010 Cr1,041 Cr1,057 Cr1,055 Cr1,077 Cr1,003 Cr1,141 Cr1,244 Cr1,285 Cr
Employee cost332 Cr346 Cr363 Cr375 Cr402 Cr425 Cr418 Cr460 Cr474 Cr516 Cr514 Cr549 Cr
Other expenses285 Cr284 Cr288 Cr295 Cr289 Cr298 Cr325 Cr303 Cr288 Cr318 Cr327 Cr331 Cr
Provisions & contingencies63 Cr84 Cr107 Cr305 Cr330 Cr243 Cr258 Cr612 Cr207 Cr193 Cr124 Cr161 Cr
Depreciation————————————
Profit before tax267 Cr276 Cr268 Cr36 Cr20 Cr90 Cr53 Cr-297 Cr34 Cr114 Cr278 Cr244 Cr
Tax %25.8%26.8%22.6%28.0%35.8%26.1%21.0%24.8%28.0%20.8%23.6%24.8%
Net profit198 Cr202 Cr208 Cr26 Cr13 Cr66 Cr42 Cr-224 Cr24 Cr90 Cr213 Cr184 Cr
EPS (₹)₹1.77₹1.79₹1.83₹0.23₹0.11₹0.58₹0.37₹-1.96₹0.21₹0.79₹1.86₹1.61

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Net Interest Income861 Cr1,152 Cr1,495 Cr1,798 Cr2,039 Cr2,545 Cr3,080 Cr3,252 Cr3,391 CrSign in free for the trailing twelve months
Other income241 Cr283 Cr282 Cr418 Cr538 Cr670 Cr799 Cr911 Cr1,074 CrSign in free for the trailing twelve months
Net operating income1,102 Cr1,435 Cr1,778 Cr2,216 Cr2,576 Cr3,214 Cr3,878 Cr4,163 Cr4,465 CrSign in free for the trailing twelve months
Employee cost———791 Cr898 Cr1,097 Cr1,369 Cr1,621 Cr1,964 CrSign in free for the trailing twelve months
Other expenses———538 Cr806 Cr942 Cr1,132 Cr1,208 Cr1,236 CrSign in free for the trailing twelve months
Provisions & contingencies———375 Cr494 Cr407 Cr314 Cr1,135 Cr1,137 CrSign in free for the trailing twelve months
Depreciation—————————Sign in free for the trailing twelve months
Profit before tax———511 Cr378 Cr769 Cr1,063 Cr199 Cr128 CrSign in free for the trailing twelve months
Tax %———24.8%25.8%25.4%24.8%26.0%19.6%Sign in free for the trailing twelve months
Net profit32 Cr211 Cr244 Cr384 Cr281 Cr574 Cr799 Cr147 Cr103 CrSign in free for the trailing twelve months
EPS (₹)₹0.32₹2.09₹2.39₹3.53₹2.43₹4.71₹7.12₹1.29₹0.90Sign in free for the trailing twelve months
Dividend payout %———0.0%0.0%0.0%14.0%77.2%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital1,006 Cr1,006 Cr1,053 Cr1,139 Cr1,252 Cr1,111 Cr1,135 Cr1,140 Cr1,141 Cr
Reserves1,038 Cr1,248 Cr1,691 Cr2,257 Cr2,994 Cr4,047 Cr4,834 Cr4,933 Cr4,984 Cr
Borrowings5,177 Cr3,973 Cr5,135 Cr4,165 Cr2,616 Cr2,974 Cr1,788 Cr2,137 Cr5,773 Cr
Other liabilities6,080 Cr9,535 Cr11,436 Cr17,154 Cr20,089 Cr26,826 Cr37,548 Cr44,626 Cr48,713 Cr
Total liabilities13,301 Cr15,763 Cr19,315 Cr24,715 Cr26,952 Cr34,958 Cr45,304 Cr52,836 Cr60,610 Cr
Fixed assets (net)281 Cr237 Cr213 Cr185 Cr200 Cr379 Cr605 Cr696 Cr715 Cr
CWIP—————————
Investments3,857 Cr2,344 Cr2,343 Cr3,705 Cr4,450 Cr6,665 Cr9,065 Cr9,289 Cr10,149 Cr
Loans & advances7,706 Cr11,594 Cr13,747 Cr16,848 Cr19,374 Cr25,799 Cr30,964 Cr36,209 Cr42,751 Cr
Cash & bank386 Cr403 Cr381 Cr515 Cr957 Cr1,174 Cr3,500 Cr4,954 Cr5,563 Cr
Other assets1,071 Cr1,185 Cr2,631 Cr3,462 Cr1,970 Cr942 Cr1,169 Cr1,688 Cr1,432 Cr
Total assets13,301 Cr15,763 Cr19,315 Cr24,715 Cr26,952 Cr34,958 Cr45,304 Cr52,836 Cr60,610 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity211 Cr1,803 Cr440 Cr2,044 Cr159 Cr-1,302 Cr4,298 Cr1,937 Cr-3,316 Cr
Cash from investing-11 Cr-11 Cr-72 Cr-43 Cr-89 Cr47 Cr-422 Cr-239 Cr-185 Cr
Cash from financing-28 Cr-1,706 Cr908 Cr-1,154 Cr-1,317 Cr366 Cr-1,612 Cr259 Cr3,641 Cr
Net cash flow171 Cr86 Cr1,276 Cr847 Cr-1,246 Cr-888 Cr2,264 Cr1,957 Cr140 Cr
Free cash flow (OCF − Capex)130 Cr1,755 Cr367 Cr1,994 Cr67 Cr-1,567 Cr3,934 Cr1,692 Cr-3,509 Cr

Ratios

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %1.6%9.3%8.9%11.3%6.6%11.1%13.4%2.4%1.7%

Regulatory ratios (standalone basis)

RBI ratios for the bank itself (standalone filing), on both views.

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross NPA———643 Cr837 Cr724 Cr821 Cr1,068 Cr1,135 Cr
Gross NPA %———3.7%4.2%2.8%0.0%2.9%2.6%
Net NPA———266 Cr479 Cr312 Cr361 Cr354 Cr306 Cr
Net NPA %———1.6%2.5%1.2%0.0%1.0%0.7%
CET1 %———24.2%25.2%23.8%20.7%17.8%16.7%
Additional Tier 1 %———0.0%0.0%0.0%1.0%0.0%0.0%
ROA %———1.7%1.1%1.8%0.0%0.3%0.2%