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Daily Range
Daily RangeToday's Low
₹ 70.22
Today's High
₹ 71.79
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52 Weeks Range
52 Weeks Low
₹ 37.45
52 Weeks High
₹ 80.90
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Momentum of the Stock
Momentum of the Stock Bearish![]()
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Circuit Limit
Lower
₹ 56.50
Upper
₹ 84.75
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Financials Strength Score
Financials Strength Score Piotroski Score
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Company Profile
Equitas Small Finance Bank Limited provides various banking products and services to individuals, small and medium enterprises, and corporates primarily in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers fixed and other deposit products; savings; business, salary, TASC, and current accounts; gold, home, used car, business, and MSME loans, as well as loans against property; investment services; 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 provides online and mobile banking services; and products for agri business. It has 861 banking outlets and 332 ATMs. The company was formerly known as Equitas Finance Limited and changed its name to Equitas Small Finance Bank Limited in September 2016. The company was incorporated in 1993 and is based in Chennai, India. Equitas Small Finance Bank Limited is a subsidiary of Equitas Holdings Limited.
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Companies under the same Group
Companies under the same Group
No Data Found
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Key Metrics
Key MetricsStandalone
Consolidated
No of shares Outstanding
113.9 Cr.
EPS-TTM
₹5.56
Face Value
₹10.00
Book Value
₹52.31
Net Asset Value
₹46.39
ROE
12.21%
ROA
1.85%
ROCE
13.71%
Dividend Yield
1.42%
Total Debt
₹ 3.0 Cr.
Sales Growth
20.30%
PAT Growth
104.32%
Financials
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|
| SOURCES OF FUNDS: | ||||||||
| Total Liabilities & Total Equity | 34,958.1 | 26,947.6 | 24,708.5 | 19,295.6 | 15,762.7 | 13,310.0 | 9,245.3 | 2,414.1 |
| Share Capital | 1,110.6 | 1,252.0 | 1,139.3 | 1,053.4 | 1,005.9 | 1,005.9 | 1,005.9 | 423.0 |
| Share Warrants & Outstandings | 5.7 | 1.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Reserves | 4,041.7 | 2,992.9 | 2,257.1 | 1,690.8 | 1,248.4 | 1,037.8 | 1,006.0 | 287.9 |
| Deposits | 25,380.6 | 18,950.8 | 16,392.0 | 10,788.4 | 9,006.7 | 5,603.9 | 1,921.3 | 0.0 |
| Borrowings | 2,973.8 | 2,616.4 | 4,165.3 | 5,134.9 | 3,973.0 | 5,177.2 | 4,778.9 | 1,637.7 |
| Liabilities & Provisions | 1,445.9 | 1,134.3 | 754.8 | 628.1 | 528.6 | 485.1 | 533.2 | 65.5 |
| APPLICATION OF FUNDS: | ||||||||
| Total Assets | 34,958.1 | 26,947.6 | 24,708.5 | 19,295.6 | 15,762.7 | 13,310.0 | 9,245.3 | 2,414.1 |
| Cash and balance with RBI | 1,173.9 | 2,077.0 | 514.8 | 380.9 | 402.7 | 386.1 | 247.9 | 4.9 |
| Balances with banks and money at call | 70.4 | 55.5 | 2,863.9 | 2,156.0 | 857.9 | 825.1 | 866.1 | 95.8 |
| Investments | 6,664.6 | 4,449.9 | 3,705.2 | 2,342.5 | 2,344.5 | 3,856.8 | 1,890.5 | 0.0 |
| Advances | 25,798.6 | 19,374.2 | 16,848.2 | 13,728.2 | 11,595.0 | 7,706.7 | 5,701.8 | 2,226.8 |
| Net Block | 337.7 | 189.3 | 184.2 | 210.5 | 235.7 | 279.7 | 273.6 | 11.2 |
| Lease Adjustment | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Capital Work in Progress | 41.4 | 11.2 | 0.9 | 2.3 | 1.6 | 1.2 | 14.7 | 0.0 |
| Other Assets | 871.6 | 790.6 | 591.4 | 475.2 | 325.3 | 254.4 | 250.6 | 75.4 |
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Financial Statement Analysis
Price to BV
The Industry Price to BV stands at 2.77, vs the Price to BV of 1.56, which results in a Negative aspect.
Debt to Equity Ratio
The Industry Debt to Equity Ratio stands at 0.95, vs the Debt to Equity Ratio of 0.58, which results in a Positive aspect.
Current Ratio
The Industry Current Ratio stands at 0.00, vs the Current Ratio of 0.00, which results in a Negative aspect.
Quick Ratio
The Industry Quick Ratio stands at 0.00, vs the Quick Ratio of 0.00, which results in a Negative aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|
| Total Income | 4,161.9 | 3,459.7 | 3,194.4 | 2,645.4 | 2,111.9 | 1,542.7 | 981.1 | 408.2 |
| Total Expenditure | 4,161.9 | 3,459.7 | 3,194.4 | 2,645.4 | 2,111.9 | 1,542.7 | 981.1 | 408.2 |
| Profit Before Tax | 5,659.8 | 4,774.1 | 3,920.8 | 3,204.4 | 2,545.5 | 2,155.0 | 1,372.8 | 517.4 |
| Less: Taxation | 195.2 | 97.4 | 127.0 | 107.3 | 113.2 | 16.7 | 57.3 | 45.7 |
| Profit After Tax | 573.6 | 280.7 | 384.2 | 243.6 | 210.6 | 31.8 | 104.1 | 85.1 |
| Earnings Per Share | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Appropriation | 792.1 | 1,179.0 | 1,027.4 | 711.6 | 531.7 | 332.1 | 327.7 | 114.7 |
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Financial Statement Analysis
PAT Margin
The Industry PAT Margin stands at 24.98, vs the PAT Margin of 13.78, which results in a Negative aspect.
PAT Growth
The Industry PAT Growth stands at 71.18, vs the PAT Growth of 104.32, which results in a Positive aspect.
Dividend Yield
The Industry Dividend Yield stands at 0.77, vs the Dividend Yield of 1.22, which results in a Positive aspect.
PE Ratio
The Industry PE Ratio stands at 18.96, vs the PE Ratio of 14.71, which results in a Negative aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|
| Profit Before Tax | 768.8 | 378.1 | 511.3 | 350.9 | 323.7 | 48.5 | 161.4 | 130.8 |
| Tax Paid | -193.1 | -158.2 | -153.9 | -134.1 | -144.1 | -32.4 | -98.7 | -50.3 |
| Adjustment | 828.7 | 910.4 | 922.3 | 785.0 | 656.6 | 702.9 | 540.2 | 200.3 |
| Changes In Working Capital | 768.8 | 378.1 | 511.3 | 350.9 | 323.7 | 48.5 | 161.4 | 130.8 |
| Cash Flow after changes in Working Capital | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Cash Flow from Operating Activities | -997.7 | 159.5 | 2,043.9 | 439.6 | 1,799.3 | 205.7 | 1,333.7 | -336.1 |
| Cash Flow from Investing Activities | -261.3 | -89.1 | -42.8 | -71.7 | -6.6 | -4.2 | -405.0 | -8.7 |
| Cash Flow from Financing Activities | 60.1 | -1,316.6 | -1,153.9 | 908.3 | -1,706.3 | -28.4 | -562.6 | 168.1 |
| Net Cash Inflow / Outflow | -1,198.8 | -1,246.2 | 847.2 | 1,276.2 | 86.4 | 173.1 | 366.2 | -176.7 |
| Opening Cash & Cash Equivalents | 2,132.5 | 3,378.7 | 2,531.5 | 1,255.3 | 1,168.9 | 995.8 | 94.3 | 271.0 |
| Effect of Foreign Exchange Fluctuations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Closing Cash & Cash Equivalent | 1,244.3 | 2,132.5 | 3,378.7 | 2,531.5 | 1,255.3 | 1,168.9 | 995.8 | 94.3 |
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Financial Statement Analysis
PFCF Ratio
The Industry PFCF Ratio stands at 109.09, vs the PFCF Ratio of -3.71, which results in a Negative aspect.
PCF RATIO
The Industry PCF RATIO stands at -53.49, vs the PCF RATIO of -7.47, which results in a Positive aspect.
| Particulars | Jun 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Earned | 15,009.5 | 14,288.0 | 13,589.9 | 12,539.6 | 11,557.3 | 10,633.9 | 10,023.7 | 9,404.0 | 8,958.3 | 9,008.9 | 8,435.8 | 8,189.7 | 8,183.3 | 8,572.3 | 7,975.4 |
| Other Income | 2,087.0 | 2,054.8 | 1,813.7 | 1,713.7 | 2,386.9 | 1,526.4 | 1,450.3 | 1,332.2 | 1,481.5 | 1,341.2 | 1,478.2 | 1,036.2 | 1,784.0 | 1,463.1 | 636.9 |
| Total Income | 17,096.6 | 16,342.7 | 15,403.7 | 14,253.3 | 13,944.2 | 12,160.3 | 11,473.9 | 10,736.2 | 10,439.8 | 10,350.1 | 9,914.0 | 9,225.9 | 9,967.3 | 10,035.4 | 8,612.3 |
| Interest Expended | 6,994.7 | 6,436.5 | 5,934.1 | 5,108.2 | 4,487.7 | 4,158.9 | 3,926.8 | 3,598.2 | 3,433.7 | 3,600.8 | 3,597.5 | 3,579.3 | 3,697.6 | 3,733.7 | 3,362.9 |
| Operating Expenses | 6,697.9 | 6,303.1 | 6,167.7 | 6,023.9 | 5,592.6 | 5,210.3 | 5,124.0 | 4,456.1 | 4,167.0 | 4,502.2 | 4,370.1 | 4,002.2 | 3,771.2 | 3,551.3 | 3,052.6 |
| Total Expenditure | 6,697.9 | 6,303.1 | 6,167.7 | 6,023.9 | 5,592.6 | 5,210.3 | 5,124.0 | 4,456.1 | 4,167.0 | 4,502.2 | 4,370.1 | 4,002.2 | 3,771.2 | 3,551.3 | 3,052.6 |
| Operating Profit Before Provisions and Contingencies | 3,404.0 | 3,603.1 | 3,301.9 | 3,121.2 | 3,863.9 | 2,791.1 | 2,423.2 | 2,681.9 | 2,839.1 | 2,247.1 | 1,946.4 | 1,644.4 | 2,498.4 | 2,750.4 | 2,196.8 |
| Exceptional Items | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Provisions and contingencies | 3,046.4 | 843.8 | 632.0 | 600.7 | 1,256.0 | 499.0 | 901.0 | 1,416.0 | 1,231.7 | 784.0 | 1,378.2 | 1,502.0 | 969.8 | 1,260.9 | 839.1 |
| Profit Before Tax | 357.6 | 2,759.3 | 2,669.9 | 2,520.5 | 2,607.9 | 2,292.1 | 1,522.2 | 1,265.9 | 1,607.3 | 1,463.1 | 568.2 | 142.5 | 1,528.6 | 1,489.5 | 1,357.8 |
| Tax | 100.0 | 739.3 | 688.6 | 608.5 | 707.5 | 590.8 | 358.0 | 295.8 | 412.2 | 382.0 | 156.3 | 23.2 | 399.9 | 382.6 | 327.9 |
| Profit After Tax | 257.6 | 2,020.0 | 1,981.4 | 1,912.0 | 1,900.4 | 1,701.3 | 1,164.2 | 970.1 | 1,195.1 | 1,081.1 | 411.9 | 119.3 | 1,128.7 | 1,107.0 | 1,029.9 |
| Net Profit | 257.6 | 2,020.0 | 1,981.4 | 1,912.0 | 1,900.4 | 1,701.3 | 1,164.2 | 970.1 | 1,195.1 | 1,081.1 | 411.9 | 119.3 | 1,128.7 | 1,107.0 | 1,029.9 |
| ADDITIONAL INFOS: | |||||||||||||||
| Equity Capital | 11,360.7 | 11,314.5 | 11,217.3 | 11,132.3 | 11,105.6 | 12,543.1 | 12,536.7 | 12,532.3 | 12,520.3 | 11,478.9 | 11,451.9 | 11,424.5 | 11,392.8 | 11,382.5 | 10,534.0 |
| Reserves | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Capital Adequacy Ratio | 20.6 | 20.2 | 21.3 | 22.1 | 23.8 | 24.3 | 23.1 | 24.6 | 25.2 | 21.9 | 22.2 | 24.1 | 24.2 | 21.6 | 20.9 |
| % of Net NPAs | 0.8 | 1.1 | 1.0 | 1.2 | 1.2 | 1.8 | 2.0 | 2.2 | 2.5 | 2.5 | 2.5 | 2.4 | 1.6 | 0.7 | 1.0 |
| % of Gross NPAs | 2.7 | 2.5 | 2.3 | 2.8 | 2.8 | 3.6 | 3.9 | 4.1 | 4.2 | 4.6 | 4.8 | 4.8 | 3.7 | 2.3 | 2.5 |
| Return on Assets | 0.1 | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 | 0.4 | 0.3 | 0.4 | 0.4 | 0.2 | 0.1 | 0.4 | 0.4 | 0.5 |
| EPS | 0.2 | 1.8 | 1.8 | 1.7 | 1.7 | 1.4 | 0.9 | 0.8 | 1.0 | 0.9 | 0.4 | 0.1 | 1.0 | 1.0 | 1.0 |
| Operating Profit Margin | 1,709,565.8 | 1,634,182.9 | 1,540,278.0 | 1,425,238.2 | 1,394,331.8 | 1,215,941.9 | 1,147,299.8 | 1,073,534.4 | 1,043,895.1 | 1,034,920.1 | 991,304.6 | 922,500.4 | 996,638.8 | 1,003,455.0 | 861,150.6 |
| Net Profit Margin | 1.7 | 14.1 | 14.6 | 15.2 | 16.4 | 16.0 | 11.6 | 10.3 | 13.3 | 12.0 | 4.9 | 1.5 | 13.8 | 12.9 | 12.9 |
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Financial Statement Analysis
Mcap Growth
The Industry Mcap Growth stands at 14.54, vs the Mcap Growth of 16.31, which results in a Positive aspect.
Net Sales Growth
The Industry Net Sales Growth stands at 25.16, vs the Net Sales Growth of 20.30, which results in a Negative aspect.
Technicals
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Pivot Levels
Pivot Levels Check Advanced Levels ![]()
| Type | Classic | Woodie | Camarilla |
|---|---|---|---|
| R4 | 73.56 | 75.42 | 71.28 |
| R3 | 72.97 | 72.78 | 70.85 |
| R2 | 72.38 | 72.28 | 70.71 |
| R1 | 71.40 | 71.21 | 70.56 |
| Pivot | 70.81 | 70.71 | 70.81 |
| S1 | 69.83 | 69.64 | 70.28 |
| S2 | 69.24 | 69.14 | 70.13 |
| S3 | 68.26 | 68.07 | 69.99 |
| S4 | 67.28 | 66.00 | 69.56 |
(All Values are in INR)
The Pivot level gives the user an indication about key support & resistance levels for a selected stock.
EMA & SMA Levels 
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Beta
Beta 1 Day
0.76
1 Week
0.76
1 Month
0.75
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Indicators
Stoch RSI
0.00
Bullish
RSI
22.74
Bullish
ROC
1.40
Bullish
UltimateOscillator
41.72
Neutral
Williams Indicator
-22.13
Neutral
CCI Indicator
-1.03
Neutral
MACD
-2,871.52
Bearish
Stochastic Indicator
71.91
Neutral
ATR
4.00
High Volatility
Corporate Actions
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Corporate Actions - Board Meet
Corporate Actions - Board Meet | Ex-Date | Ratio | Record Date |
|---|
| Ex-Date | Ratio | Record Date |
|---|---|---|
| Announcement Date | Dividend Amount | Dividend Percentage of FV | Dividend Type |
|---|---|---|---|
| 28-07-2023 | 1.00 | 10 | Final |
| Date Of Conduct | Board Meeting Details |
|---|---|
| 08-11-2024 | Quarterly Results |
| 24-04-2024 | Audited Results & Final Dividend |
| 25-01-2024 | Quarterly Results |
| 19-10-2023 | Quarterly Results |
| 28-07-2023 | Quarterly Results |
| 05-05-2023 | Audited Results |
| 05-05-2023 | Audited Results & Dividend |
| 08-02-2023 | Audited Results & Quarterly Results |
| 31-10-2022 | Quarterly Results |
| 28-07-2022 | Quarterly Results |
| 04-05-2022 | Audited Results |
| 28-01-2022 | Quarterly Results |
| 29-10-2021 | Quarterly Results |
| 18-10-2021 | Inter alia, to discuss the various options available to achieve the Minimum Public Shareholding (MPS) under extant SEBI Circulars and finalise the roadmap for achieving the MPS compliance. |
| 30-07-2021 | Quarterly Results |
| 29-04-2021 | Audited Results |