Equitas Small Finance Bank, 543243, EQUITASBNK Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

7,885.70
12.45
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

6,172.87
1.44%
1.32

Chart

Price | P:E | P:BV | EV:EBITDA | EPS

NII CAGR (%)

10 Years
5 Years
3 Years

5.19
30.99
-

EBITDA CAGR (%)

10 Years
5 Years
3 Years

37.03
26.81
41.71

PAT CAGR (%)

10 Years
5 Years
3 Years

1.75
1.74

P:E (Median)

8 Years
5 Years
3 Years

-
-
15.84

P:BV (Average)

8 Years
5 Years
3 Years

-
-
1.74

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
-
9.47

Quarterly Results

Standalone Figures in Rs. Crores

Description Jun 24 Jun 23 Var% Mar 24 Mar 23 Var% Dec 23 Dec 22 Var% Sep 23 Sep 22 Var%
Interest Earned 1,500.95 1,253.96 19.70% 1,444.65 1,155.73 25.00% 1,428.80 1,063.39 34.36% 1,358.99 1,002.37 35.58%
Interest Exp. 699.47 510.82 36.93% 658.76 448.77 46.79% 643.65 415.89 54.76% 593.41 392.68 51.12%
Net Interest Income 801.49 743.14 7.85% 785.89 706.96 11.16% 785.14 647.50 21.26% 765.59 609.69 25.57%
NIM 7.97 8.76 -9.02% 8.17 9.10 -10.22% 8.37 9.01 -7.10% 8.43 9.00 -6.33%
Other Income 208.70 171.37 21.78% 240.46 238.69 0.74% 205.48 152.64 34.62% 181.37 145.03 25.06%
Total Income 1,709.66 1,425.33 19.95% 1,685.11 1,394.42 20.85% 1,634.27 1,216.03 34.39% 1,540.37 1,147.39 34.25%
Operating Exp. 669.79 602.39 11.19% 651.59 559.26 16.51% 630.31 521.03 20.97% 616.77 512.40 20.37%
Operating Profit 340.40 312.12 9.06% 374.75 386.39 -3.01% 360.31 279.11 29.09% 330.19 242.32 36.26%
Provision 304.64 60.06 407.23% 106.60 125.60 -15.13% 84.38 49.90 69.10% 63.20 90.10 -29.86%
PBT 35.76 252.05 -85.81% 268.15 260.79 2.82% 275.93 229.21 20.38% 266.99 152.22 75.40%
PBTM 2.38 20.10 -88.16% 18.56 22.56 -17.73% 19.31 21.55 -10.39% 19.65 15.19 29.36%
TAX 10.00 60.85 -83.57% 60.53 70.75 -14.45% 73.92 59.08 25.12% 68.86 35.80 92.35%
PAT 25.76 191.20 -86.53% 207.62 190.04 9.25% 202.00 170.13 18.73% 198.14 116.42 70.19%
PATM 1.72% 15.25% 14.37% 16.44% 14.14% 16.00% 14.58% 11.61%
EPS 0.23 1.72 -86.63% 1.83 1.71 7.02% 1.79 1.36 31.62% 1.77 0.93 90.32%
Gross NPA 889.04 770.18 15.43% 821.28 723.96 13.44% 750.26 861.36 -12.90% 660.50 870.26 -24.10%
Gross NPA% 2.73 2.75 -0.73% 2.61 2.76 -5.43% 2.53 3.63 -30.30% 2.27 3.91 -41.94%
Net NPA 264.13 325.10 -18.75% 360.90 312.02 15.67% 330.34 423.44 -21.99% 279.29 430.88 -35.18%
Net NPA% 0.83 1.18 -29.66% 1.17 1.21 -3.31% 1.13 1.82 -37.91% 0.97 1.97 -50.76%
CASA 31.00 38.40 -19.27% 32.00 42.28 -24.31% 33.00 46.00 -28.26% 34.00 48.13 -29.36%

Description Jun 24 Jun 23 Var% Mar 24 Mar 23 Var% Dec 23 Dec 22 Var% Sep 23 Sep 22 Var%
Interest Earned 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Interest Exp. 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Net Interest Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
NIM 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Other Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Total Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Operating Exp. 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Operating Profit 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Provision 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBTM 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
TAX 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PAT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PATM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Gross NPA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Gross NPA% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Net NPA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Net NPA% 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
CASA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0

Annual Results

Standalone Figures in Rs. Crores

Description TTM Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 17 Mar 16 Mar 15 Mar 14
Net Interest Income 3,138.10 3,079.76 2,544.73 2,038.54 1,797.96 1,495.30 1,151.73 521.18 249.05 -104.37 -43.61 Interest Earned 5,733.39 5,486.40 4,161.88 3,459.67 3,194.41 2,645.44 2,111.93 981.05 408.16 0.00 0.00 Interest Expended 2,595.29 2,406.64 1,617.15 1,421.13 1,396.45 1,150.14 960.20 459.87 159.11 104.37 43.61 Int. income Growth 15.91% 21.03% 24.83% 13.38% 20.24% 29.83% 120.99% 109.27% 338.62% -139.33% Other Income 836.01 798.67 669.59 537.56 418.05 282.35 282.90 233.27 71.20 0.19 0.10 Total Income 6,569.41 3,878.43 3,214.32 2,576.10 2,216.01 1,777.65 1,434.63 754.45 320.25 -104.18 -43.51 Total Expenditure 2,568.47 2,680.88 2,360.96 2,122.70 1,628.32 1,330.27 1,019.12 618.61 230.39 29.38 15.30 Employee Cost - 1,368.83 1,096.68 898.21 791.45 709.79 551.31 318.04 93.46 62.88 32.95 % Of Sales - 24.95% 26.35% 25.96% 24.78% 26.83% 26.10% 32.42% 22.90% 0 0 Opt. & Establishment Exp. - 1,266.66 1,026.16 881.21 614.41 566.74 548.96 204.06 54.64 -69.55 -25.74 % Of Sales - 23.09% 24.66% 25.47% 19.23% 21.42% 25.99% 20.80% 13.39% 0 0 Provisions - 314.23 407.20 493.84 375.32 246.64 102.41 159.93 91.77 42.39 12.81 % Of Sales - 5.73% 9.78% 14.27% 11.75% 9.32% 4.85% 16.30% 22.48% 0 0 EBITDA 1,405.64 1,197.55 853.36 453.40 587.69 447.38 415.51 135.84 89.86 -29.38 -15.30 EBITDA Margin 55.20% 38.88% 33.53% 22.24% 32.69% 29.92% 36.08% 26.06% 36.08% 0 0 Depreciation 0.00 134.42 84.54 75.28 76.43 96.45 91.78 31.71 4.74 3.17 2.36 PBT 846.83 1,063.13 768.81 378.11 511.26 350.94 323.74 104.13 85.12 52.09 24.45 Exceptional Inc./Exp. - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Provision for Tax 213.31 264.17 195.22 97.38 127.04 107.30 113.17 0.00 0.00 17.86 8.66 Tax Rate 25.19% 24.85% 25.39% 25.75% 24.85% 30.58% 34.96% 0.00% 0.00% 34.29% 35.42% PAT 633.52 798.96 573.59 280.73 384.22 243.64 210.57 104.13 85.12 34.23 15.79 PAT before Minority Interest 633.52 798.96 573.59 280.73 384.22 243.64 210.57 104.13 85.12 34.23 15.79 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 15.94% 20.60% 17.84% 10.90% 17.34% 13.71% 14.68% 13.80% 26.58% 0 0 PAT Growth -5.13% 39.29% 104.32% -26.94% 57.70% 15.70% 102.22% 22.33% 148.67% 116.78% EPS 5.56 7.02 5.04 2.47 3.37 2.14 1.85 0.91 0.75 0.30 0.14

Results Balance Sheet

Standalone Figures in Rs. Crores

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 15 Mar 14 Mar 13
Shareholder's Funds 5,968.70 5,157.95 4,246.17 3,396.34 2,744.15 2,254.32 625.80 291.69 150.96 Share Capital 1,134.89 1,110.56 1,252.03 1,139.28 1,053.40 1,005.94 423.00 240.70 151.46 Total Reserves 4,793.03 4,041.70 2,992.87 2,257.06 1,690.75 1,248.38 202.80 50.99 -0.50 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Deposits 36,129.20 25,348.48 18,950.80 16,391.97 10,788.41 9,006.74 0.00 0.00 0.00 Borrowings 1,787.53 2,973.76 2,616.40 4,165.32 5,134.87 3,973.03 0.00 0.00 0.00 Other Liabilities & Provisions 1,418.44 1,477.94 1,134.26 754.84 628.12 528.61 0.00 0.00 0.00 Total Liabilities 45,303.87 34,958.13 26,947.63 24,708.47 19,295.55 15,762.70 625.80 291.69 150.96 Net Block 536.53 337.70 189.27 184.17 210.50 235.71 7.58 2.75 2.57 Gross Block 1,208.80 886.79 665.98 592.18 550.35 487.14 15.93 8.30 5.80 Accumulated Depreciation 672.28 549.09 476.71 408.01 339.86 251.43 8.34 5.55 3.23 Total Non-Current Assets 44,213.25 34,086.51 26,157.02 24,117.12 18,820.36 15,437.39 47.10 8.56 4.98 Lease Adjustment A/c 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Capital Work in Progress 68.20 41.43 11.18 0.88 2.27 1.62 0.20 0.15 0.07 Cash and balance with RBI 3,500.35 1,173.91 2,076.99 514.81 380.86 402.70 0.00 0.00 0.00 Balance with banks and money at call 78.60 70.35 55.52 2,863.90 2,155.98 857.91 0.00 0.00 0.00 Investments 9,065.27 6,664.56 4,449.85 3,705.17 2,342.51 2,344.45 39.32 5.66 2.34 Advances 30,964.30 25,798.56 19,374.21 16,848.19 13,728.24 11,595.00 0.00 0.00 0.00 Other Assets 1,090.62 871.62 790.61 591.36 475.19 325.28 0.00 0.00 0.00 Total Assets 45,303.87 34,958.13 26,947.63 24,708.48 19,295.55 15,762.67 47.10 8.56 4.98 Contingent Liabilities 409.69 122.67 49.28 12.51 26.98 32.72 0.01 0.00 0.00 Bills for collection 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Adjusted Book Value 52.23 46.39 33.90 29.81 26.05 22.41 14.79 12.12 9.97

Cash Flow

Standalone Figures in Rs. Crores

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 15 Mar 14 Mar 13
Cash From Operating Activity 4,297.88 -997.67 159.47 2,043.94 439.62 1,799.30 -778.97 -513.12 -215.32 PBT 1,063.12 768.80 378.11 511.27 350.94 323.74 52.09 24.45 -0.77 Adjustment 883.88 828.68 910.36 922.33 784.97 656.62 116.69 59.66 19.86 Adjustments for Liabilities & Assets 2,641.98 -2,402.00 -970.81 764.25 -562.22 963.05 -825.67 -554.04 -219.51 Refund/(Payment) of direct taxes -291.10 -193.15 -158.19 -153.90 -134.08 -144.10 -24.41 -7.06 -0.50 Other Direct Payments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -421.91 -261.26 -89.09 -42.80 -71.73 -6.62 -10.99 -3.43 1.01 Net Fixed Assets -348.78 -251.06 -84.10 -40.44 -63.86 -472.63 -7.68 -2.58 Other Investment Activity -1538.26 -1017.31 -719.96 -664.79 -559.24 -499.75 -19.56 -7.44 Cash from Financing Activity -1,612.39 60.11 -1,316.57 -1,153.91 908.28 -1,706.25 1,032.23 501.85 253.19 Closing Cash & Equivalent 3,507.85 1,244.26 2,132.51 3,378.71 2,531.48 1,255.32 270.98 28.70 43.39 Net Cash Inflow / Outflow 2,263.59 -1,198.81 -1,246.19 847.23 1,276.17 86.43 242.27 -14.69 38.87 Opening Cash & Equivalents 1,244.26 2,132.51 3,378.71 2,531.48 1,255.32 1,168.89 28.70 43.39 4.52

Financial Ratios

Standalone

Description Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 15 Mar 14 Mar 13
Book Value 52.23 46.39 33.90 29.81 26.05 22.41 14.79 12.12 9.97 NIM 7.06 7.55 7.85 7.51 8.04 7.58 0.00 0.00 0.00 Yield on Advances 17.72 16.13 17.86 18.96 19.27 18.21 0.00 0.00 0.00 Yield on Investments 7.10 5.06 6.49 7.13 6.87 11.14 0.00 0.00 0.00 Cost of Liabilities 6.35 5.71 6.59 6.79 7.22 7.40 0.00 0.00 0.00 Interest Spread 11.37 10.42 11.27 12.17 12.05 10.82 0.00 0.00 0.00 ROCE 16.66% 13.71% 9.21% 12.15% 10.82% 11.51% 11.11% 11.05% 3.85% Cost Income Ratio 64.49 63.41 66.15 59.99 66.38 70.30 0.00 0.00 0.00 Core Cost Income Ratio 66.27 63.84 67.27 61.23 66.51 70.46 0.00 0.00 0.00 Operating Costs to Assets 5.52 5.83 6.32 5.38 6.12 6.40 0.00 0.00 0.00 Loans/Deposits 0.05 0.12 0.14 0.25 0.48 0.44 0.00 0.00 0.00 Cash/Deposits 0.10 0.05 0.11 0.03 0.04 0.04 0.00 0.00 0.00 Investment/Deposits 0.25 0.26 0.23 0.23 0.22 0.26 0.00 0.00 0.00 Inc Loan/Deposits 4.95% 11.73% 13.81% 25.41% 47.60% 44.11% 0.00% 0.00% 0.00% Credit Deposits 85.70% 101.78% 102.23% 102.78% 127.25% 128.74% 0.00% 0.00% 0.00% Interest Expended / Interest earned 43.87% 38.86% 41.08% 43.72% 43.48% 45.47% 0.00% 0.00% 0.00% Interest income / Total funds 12.11% 11.91% 12.84% 12.93% 13.71% 13.40% 0.00% 0.00% 0.00% Interest Expended / Total funds 5.31% 4.63% 5.27% 5.65% 5.96% 6.09% 0.00% 0.00% 0.00% CASA 31.98% 42.23% 52.01% 34.25% 20.47% 25.25% 0.00% 0.00% 0.00%