Equitas Small Finance Bank Ltd share price logo

Equitas Small Finance Bank Ltd (EQUITASBNK)

₹89.490.9%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 16 analysts

BUY

87.50%

Buy

6.25%

Hold

6.25%

Sell

Based on 16 analysts offering long term price targets for Equitas Small Finance Bank Ltd. An average target of ₹121.06

Source: S&P Global Market Intelligence

Equitas Small Finance Bank Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹88.97
    ₹89.8
  • 52 Week's Low

    52 Week's High

    ₹82.1
    ₹116.5
1 Month Return-13.45 %
3 Month Return-9.04 %
1 Year Return-7.08 %
Previous Close₹88.69
Open₹89.00
Volume30.52L
Upper Circuit-
Lower Circuit-
Market Cap₹10,080.92Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹10,080.92 Cr
P/B Ratio1.44
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
HDFC Small Cap Fund-Direct Growth OptionHDFC Small Cap Fund-Direct Growth Option1.87%
Franklin India Smaller Companies Fund Direct GrowthFranklin India Smaller Companies Fund Direct Growth3.33%
SBI Long Term Equity Fund Direct GrowthSBI Long Term Equity Fund Direct Growth1.15%
SBI Contra Fund Direct GrowthSBI Contra Fund Direct Growth0.85%
Franklin India Prima Fund Direct GrowthFranklin India Prima Fund Direct Growth1.91%

Company Information

Equitas Small Finance Bank Limited (ESFBL) is one of the largest small finance banks in India, with a firmly entrenched strategy to focus on providing credit to the unbanked and underbanked micro and small entrepreneurs. Serving individuals with limited access to formal financing channels, micro, small and medium enterprises (MSMEs) and corporates, ESFBL offers a range of asset and liability products and services. From small business loans, microfinance to joint liability groups, commercial vehicle loans and micro enterprise loans, to current accounts, salary accounts, savings accounts and a variety of deposit accounts, and the provison of ATM-cum-debit cards, third party insurance, mutual fund products and issuance of FASTag, ESFBL meets the needs of customers all across 15 States/Union Territories, with 853 locations and 322 ATMs and cash recyclers. In 2021, ESFBL approved a Scheme of Amalgamation between ESFBL and Equitas Holding Limited which led to a raise of Rs. 250 crore through private placement to IIFL AIF - resulting in a 4.51% stake in post-issue paid-up share capital, and Rs. 550 crore raised through a Qualified Institutions Placement QIP - bringing the bank up to Minimum Public Shareholding regulation requirements. These initiatives have allowed ESFBL to provide banking and digital solutions, with transactions through retail internet banking amounting to Rs. 3,802 crores in 2020. This new-age bank is firmly committed to the unbanked and underbanked as it continues to fulfill its purpose of advancing financial inclusion and enabling economic growth in India.

Share Price: ₹89.49 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹10,080.92Cr as of today
Listing date: 02 Nov, 2020
Chairperson Name: Arun Ramanathan
OrganisationEquitas Small Finance Bank Ltd
Headquarters
IndustryBanks
E-voting on sharesClick here to vote

Key events for Equitas Small Finance Bank Ltd

  • Equitas Small Finance Bank Ltd: Sell Recommendation - 12 Jul, 2024

    A sell recommendation has been made for Equitas Small Finance Bank Ltd with a target price of below Rs 87.5 due to its downtrend and to confirm near-term support on the downside.

  • Equitas Small Finance Bank Reports Growth in Advances and Deposits - 05 Jul, 2024

    Equitas Small Finance Bank's gross advances rose 17.8% YoY to Rs 34,872 crore while total deposits grew 35.4% YoY to Rs 37,524 crore in Q1 of FY2025.

  • Equitas SFB Reports Strong Growth in Advances and Deposits - 04 Jul, 2024

    Equitas Small Finance Bank reports a 17.8% YoY increase in gross advances and a 35.4% YoY increase in total deposits for Q1 FY25. CASA ratio dips marginally from 32% to 31%. Cost of funds increased to 7.46% in Q1 FY25. The bank reported a 9% rise in net profit to Rs 208 crore on a 21% increase in total income to Rs 1,685.10 crore in Q4 FY24.

  • Equitas Small Finance Bank Ltd Stock Update - 02 Jul, 2024

    On the National Stock Exchange (NSE), Equitas Small Finance Bank Ltd (EQUITASBNK) is trading at 94.95 INR, experiencing a decline of 1.36 INR, or 1.41%, today.

  • Equitas Small Finance Bank's Long-Term Gains Remain Positive Despite Market Cap Drop - 28 Jun, 2024

    Institutional investors may overlook Equitas Small Finance Bank's recent ₹10b market cap drop as long-term gains remain positive. The 12% one-year return to shareholders might have softened the blow, but they would probably be wary of future losses.

  • Equitas Small Finance Bank Receives Credit Rating Revision - 14 Jun, 2024

    Equitas Small Finance Bank has received a revision in credit ratings from India Ratings and Research, with its long-term issuer rating affirmed at IND AA-/Stable. The bank's certificate of deposit worth Rs 1750 crore was also affirmed at IND A1+, while the certificate of deposit worth Rs 500 crore was assigned an IND A1+ rating.

Insights on Equitas Small Finance Bank Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 38.16% to 38.38% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 19.50% to 19.65% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 104.1% return, outperforming this stock by 63.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 39.9% return, outperforming this stock by 46.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 35.29% to 34.93% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, EQUITASBNK stock has moved down by -13.5%

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹34,968.17Cr
↑29.73%
Total Liabilities
₹34,968.17Cr
↑29.73%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹997.67Cr
↓725.62%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
19.65%
0.75
Mutual Funds
38.38%
0.60
Retail Investors
34.93%
-1.03
Others
7.04%
-0.15

Key Indicators

Earnings and Dividends

  • Equitas Small Finance Bank Ltd Earnings Results

    Equitas Small Finance Bank Ltd’s net profit jumped 9.25% since last year same period to ₹207.62Cr in the Q4 2023-2024. On a quarterly growth basis, Equitas Small Finance Bank Ltd has generated 2.78% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Equitas Small Finance Bank Ltd Dividends May,2023

    In the quarter ending March 2023, Equitas Small Finance Bank Ltd has declared dividend of ₹1 - translating a dividend yield of 1.13%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Equitas Small Finance Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Equitas Small Finance Bank Ltd (EQUITASBNK) share price today is ₹89.49

Equitas Small Finance Bank Ltd is listed on NSE

Equitas Small Finance Bank Ltd is listed on BSE

  • Today’s highest price of Equitas Small Finance Bank Ltd is ₹89.8.
  • Today’s lowest price of Equitas Small Finance Bank Ltd is ₹88.97.

Today’s traded volume of Equitas Small Finance Bank Ltd(EQUITASBNK) is 30.52L.

Today’s market capitalisation of Equitas Small Finance Bank Ltd(EQUITASBNK) is ₹10080.92Cr.

Equitas Small Finance Bank Ltd(EQUITASBNKPrice
52 Week High
₹116.5
52 Week Low
₹82.1

Equitas Small Finance Bank Ltd(EQUITASBNK) share price is ₹89.49. It is down -23.18% from its 52 Week High price of ₹116.5

Equitas Small Finance Bank Ltd(EQUITASBNK) share price is ₹89.49. It is up 9.00% from its 52 Week Low price of ₹82.1

Equitas Small Finance Bank Ltd(EQUITASBNKReturns
1 Day Returns
0.8%
1 Month Returns
-13.45%
3 Month Returns
-9.04%
1 Year Returns
-7.08%