Equitas Small FIN BNK Ltd
NSE: EQUITASBNK · Other Bank · sector
₹64.30NSE close 2026-10-26
Key numbers
Market cap₹7,354 cr
Price₹64.30
52w high / low₹84 / ₹51
P/E14.4xSector median 12.4x
P/B1.2xSector median 1.1x
Book value₹53.5
Dividend yield0.00%Sector median 0.11%
ROE8.4%Sector median 8.8%
ROA0.84%Sector median 0.84%
Gross NPA2.42%
Net NPA0.71%
CET116.01%
Sales growth 3y+25.2%Sector median +31.9%
Profit growth 3y-28.4%Sector median +7.1%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 9 companies in Other Bank (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Net loss in 1 of the last 8 quarters.
- Total income was higher than a year earlier in 4 of the last 4 quarters.
- Dividend paid in 2 of the last 5 financial years.
- Price ₹64.30 on 2026-10-26: -23.4% from the 52-week high, +25.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹81.82 · low ₹50.87
Total incomeNet profit
Total incomeNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total income | 1,555 | 1,612 | 1,644 | 1,649 | 1,617 | 1,692 | 1,836 | 1,960 |
| Net interest income | 802 | 818 | 829 | 786 | 774 | 852 | 980 | 1,030 |
| Operating profit | 350 | 333 | 311 | 315 | 241 | 307 | 402 | 405 |
| Other income | 239 | 238 | 225 | 292 | 229 | 289 | 263 | 255 |
| Net profit | 13 | 66 | 42 | -224 | 24 | 90 | 213 | 184 |
| EPS (₹) | 0.11 | 0.58 | 0.37 | -1.96 | 0.21 | 0.79 | 1.86 | 1.61 |
| Gross NPA % | 0.03 | 0.03 | 2.89 | 2.92 | 2.92 | 2.75 | 2.60 | 2.42 |
| Net NPA % | 0.01 | 0.01 | 0.98 | 0.98 | 0.98 | 0.92 | 0.72 | 0.71 |
| Revenue YoY | +4.0% | +4.9% | +11.7% | +18.9% | ||||
| Profit YoY | +87.4% | +35.8% | +405.1% | – |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY21 | FY22 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3,194 | 3,460 | 5,486 | 6,312 | 6,794 | 7,106 |
| Net profit | 384 | 281 | 799 | 147 | 103 | 510 |
| EPS (₹) | 3.53 | 2.43 | 7.12 | 1.29 | 0.90 | 4.47 |
| Revenue growth | +8.3% | +58.6% | +15.0% | +7.6% | +10.0% | |
| Profit growth | -26.9% | +184.6% | -81.6% | -29.9% | – | |
| Dividend / share (₹) | – | – | 1.00 | 1.00 | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +25.2% | – | +10.0% |
| Net profit | -28.4% | – | – |
| EPS | -28.2% | – | – |
| Share price | – | -1.3% (2y) | +15.2% |
Balance sheet
| ₹ cr | FY22 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Shareholders' equity | – | 5,969 | 6,073 | 6,125 |
| Borrowings | – | 1,788 | 2,137 | 5,773 |
| Cash & equivalents | – | 0 | 0 | 0 |
| Total assets | – | 45,304 | 52,836 | 60,610 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash from operations | 159 | 4,298 | 1,937 | -3,316 |
| Cash from investing | -89 | -422 | -239 | -185 |
| Cash from financing | -1,317 | -1,612 | 259 | 3,641 |
| Capex | 29 | 118 | 85 | 87 |
| Free cash flow | 130 | 4,180 | 1,851 | -3,403 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ROE % | – | 13.4% | 2.4% | 1.7% |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| FIIs | 15.80% |
| DIIs | 52.24% |
| of which Mutual funds | 46.78% |
| of which Insurance | 3.14% |
| Government | 0.00% |
| Public (non-institutions) | 31.96% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public holders above 1% | % |
|---|---|
| Mirae Asset Banking and Financial Services Fund | 9.40% |
| HDFC Value Fund | 8.77% |
| Franklin India Small CAP Fund | 6.26% |
| SBI Elss TAX Saver Fund | 4.99% |
| Nippon Life India Trustee Ltd-a/c Nippon India VAL | 4.27% |
| Ashish Dhawan | 4.10% |
| Ellipsis Partners LLC | 3.21% |
| International Finance Corporation | 2.84% |
| Axis Mutual Fund Trustee Limited A/C Axis Mutual F | 2.34% |
| Canara Robeco Mutual Fund A/C Canara Robeco Small | 2.06% |
| Rimco India Limited | 2.02% |
| Hara Global Capital Master Fund I Ltd | 1.98% |
| Edelweiss Trusteeship Co Ltd AC- Edelweiss MF AC- | 1.86% |
| Sundaram Mutual Fund A/C Sundaram Small CAP Fund | 1.84% |
| ICICI Prudential Life Insurance Company Limited | 1.31% |
3,55,601 shareholders. Pledged: – of promoter shares.
Peers in Other Bank
| Company | Market cap | P/E | P/B | ROE | ROA | Gross NPA | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| AUBANK | ₹65,086 cr | 22.7x | 3.3x | 15.4% | 1.49% | 2.10% | +31.4% | 0.11% |
| UJJIVANSFB | ₹10,731 cr | 9.3x | 1.4x | 16.6% | 1.83% | 2.10% | +35.1% | – |
| EQUITASBNK | ₹7,354 cr | 14.4x | 1.2x | 8.4% | 0.84% | 2.42% | +25.2% | 0.00% |
| JSFB | ₹3,989 cr | 10.5x | 0.9x | 8.8% | 0.80% | 2.39% | – | – |
| UTKARSHBNK | ₹2,086 cr | – | 0.8x | -32.9% | -3.27% | 6.09% | – | – |
| ESAFSFB | ₹1,932 cr | 17.4x | 1.1x | -0.3% | -0.02% | 5.40% | – | – |
| SURYODAY | ₹1,385 cr | 7.2x | 0.7x | 9.6% | 0.96% | 6.60% | +31.9% | – |
| CAPITALSFB | ₹1,187 cr | 7.9x | 0.8x | 10.8% | 1.24% | 2.47% | – | 1.53% |
| FINOPB | ₹995 cr | 47.6x | 1.2x | 2.7% | 0.39% | 0.00% | +91.0% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Retail Banking | ₹6,616 cr | 84.1% | ₹-161 cr | -2.4% |
| Treasury | ₹1,004 cr | 12.8% | ₹266 cr | 26.5% |
| Other Banking operations | ₹130 cr | 1.6% | ₹125 cr | 96.6% |
| Wholesale Banking | ₹119 cr | 1.5% | ₹-25 cr | -21.1% |
| Unallocated | ₹0 cr | – | ₹-77 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-08-09 | Dividend | Dividend - Rs 1 Per Share |
| 2023-07-28 | Dividend | Dividend - Rs 1 Per Share |
| 2021-08-04 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Financial and insurance services: Banking activities by central, commercial and savings banks
| Sector | Financial Services |
| Industry | Other Bank |
| Sub-industry | Other Bank |
| Symbol | EQUITASBNK |
| BSE code | 543243 |
| ISIN | INE063P01018 |
| Face value | ₹10.0 |
| Incorporated | 1993-06-21 |
| Website | www.equitas.bank.in |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.