Financials Equitas Small Finance Bank Limited Bombay S.E.

Equities

543243

INE063P01018

Banks

Market Closed - Bombay S.E. 06:00:47 2024-04-30 am EDT 5-day change 1st Jan Change
97.07 INR -1.51% Intraday chart for Equitas Small Finance Bank Limited -1.41% -8.00%

Valuation

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Capitalization 1 68,628 63,979 74,518 110,167 - -
Enterprise Value (EV) 1 68,628 63,979 74,518 105,034 110,167 110,167
P/E ratio 17.3 x 21.3 x 14.4 x 13.2 x 11.6 x 9 x
Yield - - 1.49% 1.39% 1.44% 1.65%
Capitalization / Revenue 1.9 x 2.48 x 2.32 x 2.71 x 2.35 x 1.9 x
EV / Revenue 1.9 x 2.48 x 2.32 x 2.71 x 2.35 x 1.9 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 2.02 x 1.51 x - 1.86 x 1.63 x 1.41 x
Nbr of stocks (in thousands) 1,139,057 1,252,028 1,110,558 1,135,154 - -
Reference price 2 60.25 51.10 67.10 97.05 97.05 97.05
Announcement Date 4/29/21 5/4/22 5/5/23 4/24/24 - -
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 46,967 57,888
EBITDA - - - - - - -
EBIT 1 - 8,866 8,719 11,760 13,774 16,892 22,056
Operating Margin - 24.54% 33.85% 36.59% 35.51% 35.96% 38.1%
Earnings before Tax (EBT) 1 - 5,113 3,781 7,688 10,631 12,572 16,212
Net income 1 2,436 3,842 2,807 5,736 7,990 9,448 12,168
Net margin - 10.64% 10.9% 17.84% 20.6% 20.12% 21.02%
EPS 2 - 3.490 2.400 4.670 7.010 8.380 10.79
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 5/14/20 4/29/21 5/4/22 5/5/23 4/24/24 - -
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 1/28/21 4/29/21 7/30/21 10/29/21 1/28/22 5/4/22 7/28/22 10/31/22 2/9/23 5/5/23 7/28/23 - - - -
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% 14.8% 16.7%
ROA (Net income/ Total Assets) - 1.75% 1.07% 1.82% 2.01% 1.85% 1.95%
Assets 1 - 220,059 262,366 315,160 402,840 509,642 625,621
Book Value Per Share 2 - 29.80 33.90 - 52.10 59.60 69.00
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 5/14/20 4/29/21 5/4/22 5/5/23 4/24/24 - -
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

Trading Rating
Investor Rating
ESG Refinitiv
B-
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