Financials Equitas Small Finance Bank Limited Bombay S.E.

Equities

EQUITASBNK

INE063P01018

Banks

Market Closed - Bombay S.E. 03:55:32 21/05/2024 pm IST 5-day change 1st Jan Change
94.65 INR +0.52% Intraday chart for Equitas Small Finance Bank Limited +3.21% -10.29%

Valuation

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Capitalization 1 68,628 63,979 74,518 1,07,424 - -
Enterprise Value (EV) 1 68,628 63,979 74,518 1,05,034 1,07,424 1,07,424
P/E ratio 17.3 x 21.3 x 14.4 x 13.2 x 11.3 x 8.84 x
Yield - - 1.49% 1.43% 1.48% 1.69%
Capitalization / Revenue 1.9 x 2.48 x 2.32 x 2.71 x 2.28 x 1.87 x
EV / Revenue 1.9 x 2.48 x 2.32 x 2.71 x 2.28 x 1.87 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 2.02 x 1.51 x - 1.82 x 1.59 x 1.37 x
Nbr of stocks (in thousands) 11,39,057 12,52,028 11,10,558 11,35,559 - -
Reference price 2 60.25 51.10 67.10 94.60 94.60 94.60
Announcement Date 29/04/21 04/05/22 05/05/23 24/04/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 36,125 25,761 32,143 38,784 47,113 57,513
EBITDA - - - - - - -
EBIT 1 - 8,866 8,719 11,760 13,774 16,949 21,685
Operating Margin - 24.54% 33.85% 36.59% 35.51% 35.98% 37.7%
Earnings before Tax (EBT) 1 - 5,113 3,781 7,688 10,631 12,638 16,060
Net income 1 2,436 3,842 2,807 5,736 7,990 9,491 12,064
Net margin - 10.64% 10.9% 17.84% 20.6% 20.14% 20.98%
EPS 2 - 3.490 2.400 4.670 7.010 8.407 10.70
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - - - 1.000 1.350 1.400 1.600
Announcement Date 14/05/20 29/04/21 04/05/22 05/05/23 24/04/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 10,035 9,967 9,226 6,316 6,749 7,006 7,138 7,547 8,001 9,457 9,145 9,420 9,722 10,405 10,394
EBITDA - - - - - - - - - - - - - - -
EBIT 1 2,750 2,498 1,644 1,946 2,247 2,839 2,682 2,423 2,791 3,864 3,121 3,221 3,443 3,749 3,595
Operating Margin 27.41% 25.07% 17.82% 30.81% 33.29% 40.52% 37.57% 32.11% 34.88% 40.86% 34.13% 34.19% 35.42% 36.03% 34.59%
Earnings before Tax (EBT) 1 - - 142.5 568.2 1,463 1,607 1,266 1,522 2,292 2,608 2,521 2,522 2,704 2,694 -
Net income 1 - - 119.3 411.9 1,081 1,195 970.1 1,164 1,701 1,900 1,912 1,900 2,028 2,076 1,834
Net margin - - 1.29% 6.52% 16.02% 17.06% 13.59% 15.43% 21.26% 20.1% 20.91% 20.17% 20.86% 19.95% 17.64%
EPS 2 - - - 0.3600 0.9300 0.9900 0.7700 0.9300 1.340 1.690 1.690 1.733 1.850 1.850 -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 28/01/21 29/04/21 30/07/21 29/10/21 28/01/22 04/05/22 28/07/22 31/10/22 09/02/23 05/05/23 28/07/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 12.5% 7.35% 12.6% 14.6% 14.9% 16.6%
ROA (Net income/ Total Assets) - 1.75% 1.07% 1.82% 2.01% 1.86% 1.92%
Assets 1 - 2,20,059 2,62,366 3,15,160 4,02,840 5,10,258 6,27,688
Book Value Per Share 2 - 29.80 33.90 - 52.10 59.60 68.80
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 14/05/20 29/04/21 04/05/22 05/05/23 24/04/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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Investor Rating
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