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Equitas Small Finance Bank Ltd share price logo

Equitas Small Finance Bank Ltd

(EQUITASBNK)

₹65.423.12%

as on 04:01PM, 10 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Equitas Small Finance Bank Ltd Analyst Rating

based on 16 analysts

BUY

62.50%

Buy

25.00%

Hold

12.50%

Sell

Based on 16 analysts offering long term price targets for Equitas Small Finance Bank Ltd. An average target of ₹81.44

Source: S&P Global Market Intelligence

Equitas Small Finance Bank Ltd Share analysis

Equitas Small Finance Bank Ltd price forecast by 16 analysts

Upside of28.37%

High

₹110

Target

₹81.44

Low

₹60

Equitas Small Finance Bank Ltd target price ₹81.44, a slight upside of 28.37% compared to current price of ₹65.42. According to 16 analysts rating.

Source: S&P Global Market Intelligence

Equitas Small Finance Bank Ltd Performance

  • Day's Low

    Day's High

    ₹62.9
    ₹65.95
  • 52 Week's Low

    52 Week's High

    ₹61.35
    ₹116.5
1 Month Return-2.13 %
3 Month Return-22.48 %
1 Year Return-32.87 %
Previous Close₹63.44
Open₹63.40
Volume74.04L
Upper Circuit-
Lower Circuit-
Market Cap₹7,226.35Cr

Equitas Small Finance Bank Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹7,226.35 Cr
P/B Ratio0
EPS0
Dividend Yield0
SectorBanks
ROE14.36

Equitas Small Finance Bank Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹7,226.35 Cr18.68%NANANA
BUY₹5,319.94 Cr3.64%NANANA
BUY₹13,802.34 Cr-3.68%NANANA
BUY₹19,497.35 Cr61.63%NANANA
HOLD₹10,414.52 Cr-9.32%NA₹1,259 Cr₹15,453 Cr

About Equitas Small Finance Bank Ltd

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: ₹65.42 per share as on 10 Dec, 2024 04:01 PM
Market Capitalisation: ₹7,226.35Cr 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

  • Brokerage Issues Buy Call for Equitas Small Finance Bank - 03 Dec, 2024

    A brokerage has issued a buy recommendation for Equitas Small Finance Bank Ltd, targeting a price of Rs 67.20, indicating a potential upside of 3.94% with a stop loss at Rs 62.4.
  • Equitas Small Finance Bank Downgraded to Hold - 27 Nov, 2024

    Equitas Small Finance Bank faces asset quality challenges and high operating expenses, leading to a 94% YoY decline in PAT. The rating is downgraded to Hold with a target price of Rs. 69.
  • Equitas Small Finance Bank Reports Strong Financial Growth - 23 Nov, 2024

    Equitas Small Finance Bank's interest income surged by 48.86% to Rs. 2,407 crore, while net profit rose by 39.2% to Rs. 799 crore in FY24. The bank's market cap stands at Rs. 7,229 crores.
  • Equitas Small Finance Bank's Loan Performance Insights - 19 Nov, 2024

    Equitas Small Finance Bank reports that approximately 50% of loans overdue by 90 days may become NPAs. The bank's diversified portfolio includes 41% in small business loans and 37% in vehicle and home loans, which have shown better credit performance compared to group microloans.
  • Equitas SFB Implements Conservative Provisioning Strategy - 13 Nov, 2024

    Equitas SFB has increased its provisioning for overdue loans, creating a Rs. 100 crore buffer for microfinance assets. While this conservative approach enhances risk protection, it has led to a significant drop in profitability, with ROE falling to 1.3% in H1 FY25. The bank anticipates ongoing stress in the microfinance segment for the next two quarters, impacting short-term profitability as it invests in new product lines.
  • Equitas SFB Faces MFI Stress, Profitability Impacted - 12 Nov, 2024

    Equitas Small Finance Bank reported significant MFI stress, leading to higher provisions and a 93.5% YoY drop in profit. Management anticipates ongoing challenges for the next two quarters, despite some signs of recovery in other segments.
  • Equitas SFB Hits 52-Week Low Amid Profit Plunge - 11 Nov, 2024

    Equitas Small Finance Bank's shares fell to a 52-week low after reporting a 93.5% drop in net profit for Q2 FY25, attributed to increased provisions for risky loans. Despite a 16.45% growth in total income, the bank's profitability suffered significantly, reflecting ongoing challenges in the microfinance sector.
  • Equitas SFB Reports Significant Profit Decline in Q2 - 09 Nov, 2024

    Equitas Small Finance Bank's Q2 FY25 net profit plummeted 93.5% YoY to Rs 12.88 crore, despite a 16.45% increase in total income. The bank's asset quality showed mixed results, with improved GNPA but increased NNPA. Deposits grew 29.25% YoY, while gross advances rose 15.45%. Overall, the financial performance indicates challenges ahead.
  • Equitas Bank Reports Plummeting Profits and Capital Raise - 08 Nov, 2024

    Equitas Small Finance Bank's Q2 results show a 93% drop in net profit to Rs 13 crore, attributed to provisions for risky loans. The board also approved raising Rs 750 crore in Tier II capital through debentures.
  • Equitas Faces Pressure Amid Central Bank Scrutiny - 04 Nov, 2024

    Equitas Small Finance Bank, along with other unsecured credit-focused companies, may need to reduce lending due to increased scrutiny from the central bank, potentially impacting stock prices negatively in the short term.

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

    Retail Holding Up

    img

    Retail Investor have increased holdings from 34.93% to 39.42% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 39.7% return, outperforming this stock by 72.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, ICICI Bank Ltd has given 74.5% return, outperforming this stock by 72.5%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 19.65% to 16.91% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, EQUITASBNK stock has moved down by -22.5%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 38.38% to 38.22% in Sep 2024 quarter

Equitas Small Finance Bank Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹24,713.05Cr (-)₹26,954.63Cr (↑9.07%)₹34,968.17Cr (↑29.73%)₹45,318.80Cr (↑29.60%)
Total Liabilities₹24,713.05Cr (-)₹26,954.63Cr (↑9.07%)₹34,968.17Cr (↑29.73%)₹45,318.80Cr (↑29.60%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹439.62Cr (-)₹2,043.94Cr (↑364.93%)₹159.47Cr (↓92.20%)-₹997.67Cr (↓725.62%)- (↓100.00%)

Index Inclusions

BSE Small-Cap

₹57,503.12

0.33 (189.51%)

S&P BSE 400 MidSmallCap

₹12,608.55

0.33 (41.24%)

S&P BSE SmallCap Select

₹8,491.24

0.12 (10.33%)

DFRGRI Indices

₹1,483.48

0.62 (9.07%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE Fin. Ser

₹11,996.60

0.36 (42.92%)

Nifty MidSmallcap 400

₹20,665.20

0.28 (58.6%)

Nifty Smallcap 250

₹18,450.60

0.29 (54.15%)

S&P BSE 250 SmallCap

₹7,389.36

0.32 (23.71%)

BSE 500

₹36,675.82

0.1 (36.77%)

Nifty 500

₹23,314.90

0.1 (22.9%)

Equitas Small Finance Bank Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
16.91%
-13.92
Mutual Funds
38.22%
-0.43
Retail Investors
39.42%
12.86
Others
5.45%
-22.63

Equitas Small Finance Bank Ltd Key Indicators

Details20202021202220232024
Return On Equity %9.7512.517.3512.214.36

Equitas Small Finance Bank Ltd Earnings and Dividends

  • Equitas Small Finance Bank Ltd Earnings Results

    Equitas Small Finance Bank Ltd’s net profit fell -93.5% since last year same period to ₹12.88Cr in the Q2 2024-2025. On a quarterly growth basis, Equitas Small Finance Bank Ltd has generated -50% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Equitas Small Finance Bank Ltd Dividends April,2024

    In the quarter ending March 2024, Equitas Small Finance Bank Ltd has declared dividend of ₹1 - translating a dividend yield of 3.15%.

    Read More about Dividends

Equitas Small Finance Bank Ltd Technicals Summary

Bearish

Neutral

Bullish

Neutral

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

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Equitas Small Finance Bank Ltd (EQUITASBNK) share price today is ₹65.42

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 ₹65.95.
  • Today’s lowest price of Equitas Small Finance Bank Ltd is ₹62.9.

Today’s traded volume of Equitas Small Finance Bank Ltd(EQUITASBNK) is 74.04L.

Today’s market capitalisation of Equitas Small Finance Bank Ltd(EQUITASBNK) is ₹7226.35Cr.

Equitas Small Finance Bank Ltd(EQUITASBNKPrice
52 Week High
₹116.5
52 Week Low
₹61.35

Equitas Small Finance Bank Ltd(EQUITASBNK) share price is ₹65.42. It is down -43.85% from its 52 Week High price of ₹116.5

Equitas Small Finance Bank Ltd(EQUITASBNK) share price is ₹65.42. It is up 6.63% from its 52 Week Low price of ₹61.35

Equitas Small Finance Bank Ltd(EQUITASBNKReturns
1 Day Returns
1.98%
1 Month Returns
-2.13%
3 Month Returns
-22.48%
1 Year Returns
-32.87%