- Markets
- Financial Services
- EQUITASBNK
EQUITASBNK
New to Zerodha? Sign-up for free.
New to Zerodha? Sign-up for free.
-
Share Price
-
Financials
-
Revenue mix
-
Shareholdings
-
Peers
-
Forensics
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
This data is currently unavailable for this company.
-
Summary
-
Profit & Loss
-
Balance sheet
-
Cashflow
This data is currently unavailable for this company.
(In Cr.) |
---|
(In Cr.) | ||||
---|---|---|---|---|
This data is currently unavailable for this company. |
(In %) |
---|
(In Cr.) |
---|
Financial Year (In Cr.) |
---|
-
Product wise
-
Location wise
Revenue Mix
This data is currently unavailable for this company.
Revenue Mix
This data is currently unavailable for this company.
Recent events
-
News
-
Corporate Actions
Equitas Small Finance Bank Q3 Net Profit 663 Million Rupees
Jan 31 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
EQUITAS SMALL FINANCE BANK Q3 NET PROFIT 663 MILLION RUPEES
EQUITAS SMALL FINANCE BANK Q3 GROSS NPA 2.97%
EQUITAS SMALL FINANCE BANK Q3 INTEREST EARNED 16.12 BILLION RUPEES
EQUITAS SMALL FINANCE BANK Q3 PROVISIONS & CONTINGENCIES 2.43 BILLION RUPEES
Source text: ID:nnAZN39950P
Further company coverage: EQUI.NS
(([email protected];;))
Jan 31 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
EQUITAS SMALL FINANCE BANK Q3 NET PROFIT 663 MILLION RUPEES
EQUITAS SMALL FINANCE BANK Q3 GROSS NPA 2.97%
EQUITAS SMALL FINANCE BANK Q3 INTEREST EARNED 16.12 BILLION RUPEES
EQUITAS SMALL FINANCE BANK Q3 PROVISIONS & CONTINGENCIES 2.43 BILLION RUPEES
Source text: ID:nnAZN39950P
Further company coverage: EQUI.NS
(([email protected];;))
Equitas Small Finance Bank Hikes Interest Rates For Savings Accounts
Jan 9 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
EQUITAS SMALL FINANCE BANK LTD - HIKES INTEREST RATES FOR SAVINGS ACCOUNTS
Source text: ID:nBSE1jjmWF
Further company coverage: EQUI.NS
(([email protected];))
Jan 9 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
EQUITAS SMALL FINANCE BANK LTD - HIKES INTEREST RATES FOR SAVINGS ACCOUNTS
Source text: ID:nBSE1jjmWF
Further company coverage: EQUI.NS
(([email protected];))
Equitas Small Finance Bank Q2 Net Profit 128.8 Mln Rupees
Nov 8 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
Q2 NET PROFIT 128.8 MILLION RUPEES
Q2 GROSS NPA 2.95%
Q2 INTERST EARNED 15.55 BILLION RUPEES
Q2 NET NPA 0.97%
Q2 PROVISIONS & CONTINGENCIES 3.3 BILLION RUPEES
TO ISSUE NCDS WORTH UP TO 5 BILLION RUPEES
ISSUE OF NCDS INCLUDES GREEN SHOE OPTION WORTH UP TO 2.5 BILLION RUPEES
Source text: ID:nBSE4rQBlD
Further company coverage: EQUI.NS
(([email protected];;))
Nov 8 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
Q2 NET PROFIT 128.8 MILLION RUPEES
Q2 GROSS NPA 2.95%
Q2 INTERST EARNED 15.55 BILLION RUPEES
Q2 NET NPA 0.97%
Q2 PROVISIONS & CONTINGENCIES 3.3 BILLION RUPEES
TO ISSUE NCDS WORTH UP TO 5 BILLION RUPEES
ISSUE OF NCDS INCLUDES GREEN SHOE OPTION WORTH UP TO 2.5 BILLION RUPEES
Source text: ID:nBSE4rQBlD
Further company coverage: EQUI.NS
(([email protected];;))
India's Equitas Small Finance Bank drops to 10-mth low after Q1 profit slump
** Shares of Equitas Small Finance Bank EQUI.NS down 4.3% to 85 rupees, lowest since Sept. 25, 2023, after posting Q1 results
** A 23% surge in lender's expenses pushed its Q1 net profit down 86% Y/Y; interest earned up 19%
** Stock sees busiest day in a week, with over 6 mln shares traded
** EQUI down 20% YTD,
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Equitas Small Finance Bank EQUI.NS down 4.3% to 85 rupees, lowest since Sept. 25, 2023, after posting Q1 results
** A 23% surge in lender's expenses pushed its Q1 net profit down 86% Y/Y; interest earned up 19%
** Stock sees busiest day in a week, with over 6 mln shares traded
** EQUI down 20% YTD,
(Reporting by Aleef Jahan in Bengaluru)
Equitas Small Finance Bank To Consider Raising Of Capital
July 18 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
TO CONSIDER RAISING OF CAPITAL
Source text for Eikon: ID:nBSEbKzKKC
Further company coverage: EQUI.NS
(([email protected];;))
July 18 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
TO CONSIDER RAISING OF CAPITAL
Source text for Eikon: ID:nBSEbKzKKC
Further company coverage: EQUI.NS
(([email protected];;))
Equitas Small Finance Bank June Qtr Provisional Gross Advances Up 17.8% Y/Y
July 4 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
JUNE QUARTER PROVISIONAL GROSS ADVANCES UP 17.8% Y/Y
JUNE QUARTER PROVISIONAL TOTAL DEPOSITS UP 35.4% Y/Y
Further company coverage: EQUI.NS
(([email protected];;))
July 4 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
JUNE QUARTER PROVISIONAL GROSS ADVANCES UP 17.8% Y/Y
JUNE QUARTER PROVISIONAL TOTAL DEPOSITS UP 35.4% Y/Y
Further company coverage: EQUI.NS
(([email protected];;))
India's Jana Small Finance Bank hits all-time high on strong Q4 results
** Shares of Jana Small Finance Bank JANA.NS rise as much as 15.4% to hit all-time high of 577.20 rupees; last up 12.9%
** Co posts nearly four-fold surge in Q4 profit, helped by strong loan growth and improved asset quality
** Stock up nearly 41% since making market debut in February
** JANA has outperformed other small finance bank rivals; AU Small Finance Bank AUFI.NS, Ujjivan Small Finance Bank UJJI.NS, Equitas Small Finance Bank EQUI.NS which are down between 19%-5% YTD
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Shares of Jana Small Finance Bank JANA.NS rise as much as 15.4% to hit all-time high of 577.20 rupees; last up 12.9%
** Co posts nearly four-fold surge in Q4 profit, helped by strong loan growth and improved asset quality
** Stock up nearly 41% since making market debut in February
** JANA has outperformed other small finance bank rivals; AU Small Finance Bank AUFI.NS, Ujjivan Small Finance Bank UJJI.NS, Equitas Small Finance Bank EQUI.NS which are down between 19%-5% YTD
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
India's Equitas Small Finance Bank falls as non-performing assets rise
** Shares of Equitas Small Finance Bank EQUI.NS are down about 3%
** The lender's Q4 gross non performing assets (NPA) rose to 8.21 bln rupees ($98.6 mln) from 7.5 bln rupees in Q3
** Percentage of gross NPAs to advances rose to 2.61% in Q4 from 2.53% in the previous quarter
** Stock set for its worst day in over a month
** EQUI is down about 5% YTD vs a 6% drop in Ujjivan Small Finance Bank UJJI.NS and a 22.5% drop in AU Small Finance Bank AUFI.NS
($1 = 83.2930 Indian rupees)
(Reporting by Nishit Navin)
(([email protected];))
** Shares of Equitas Small Finance Bank EQUI.NS are down about 3%
** The lender's Q4 gross non performing assets (NPA) rose to 8.21 bln rupees ($98.6 mln) from 7.5 bln rupees in Q3
** Percentage of gross NPAs to advances rose to 2.61% in Q4 from 2.53% in the previous quarter
** Stock set for its worst day in over a month
** EQUI is down about 5% YTD vs a 6% drop in Ujjivan Small Finance Bank UJJI.NS and a 22.5% drop in AU Small Finance Bank AUFI.NS
($1 = 83.2930 Indian rupees)
(Reporting by Nishit Navin)
(([email protected];))
Equitas Small Finance Bank Total Deposits As On March 31 Up 43% Y/Y
April 4 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
EQUITAS SMALL FINANCE BANK LTD - TOTAL DEPOSITS AS ON MARCH 31 UP 43% Y/Y
EQUITAS SMALL FINANCE BANK LTD- GROSS ADAVNCES UP 23% Y/Y AS OF MARCH-END
Source text for Eikon: ID:nNSE4w2qBs
Further company coverage: EQUI.NS
(([email protected];))
April 4 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
EQUITAS SMALL FINANCE BANK LTD - TOTAL DEPOSITS AS ON MARCH 31 UP 43% Y/Y
EQUITAS SMALL FINANCE BANK LTD- GROSS ADAVNCES UP 23% Y/Y AS OF MARCH-END
Source text for Eikon: ID:nNSE4w2qBs
Further company coverage: EQUI.NS
(([email protected];))
Further sell-off in India's mid-caps will lead to buying, HSBC says
** Any sharp sell-off in mid-caps from current levels seems unlikely and will be used as buying opportunity, says HSBC
** Lists FSN E-Commerce FSNE.NS, Equitas Small Finance Bank EQUI.NS, Titagarh Rail Systems TITG.NS, Prestige Estates Projects PREG.NS, Phoenix Mills PHOE.NS, Ipca Laboratories IPCA.NS, Voltas VOLT.NS and Kalyan Jewellers KALN.NS as its top mid-cap ideas
** The ongoing corrections in India's broader, more domestically-focussed small- .NIFSMCP100 and mid-caps .NIFMDCP100, prompted by markets regulator's warning of 'frothy' valuations, could still deepen, according to HSBC
** Small- and mid-caps have lost 6.6% and 3.2%, respectively, in March, compared with 0.2% rise in benchmark Nifty 50 .NSEI
** HSBC says current context is relatively more favourable compared with sell-off in 2018 due to improved macroeconomic fundamentals, relative valuation comfort in small- and mid-caps and support from strong retail inflows
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Any sharp sell-off in mid-caps from current levels seems unlikely and will be used as buying opportunity, says HSBC
** Lists FSN E-Commerce FSNE.NS, Equitas Small Finance Bank EQUI.NS, Titagarh Rail Systems TITG.NS, Prestige Estates Projects PREG.NS, Phoenix Mills PHOE.NS, Ipca Laboratories IPCA.NS, Voltas VOLT.NS and Kalyan Jewellers KALN.NS as its top mid-cap ideas
** The ongoing corrections in India's broader, more domestically-focussed small- .NIFSMCP100 and mid-caps .NIFMDCP100, prompted by markets regulator's warning of 'frothy' valuations, could still deepen, according to HSBC
** Small- and mid-caps have lost 6.6% and 3.2%, respectively, in March, compared with 0.2% rise in benchmark Nifty 50 .NSEI
** HSBC says current context is relatively more favourable compared with sell-off in 2018 due to improved macroeconomic fundamentals, relative valuation comfort in small- and mid-caps and support from strong retail inflows
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
India's Equitas Small Finance Bank Q3 Net Profit Rises
Jan 25 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
Q3 NET PROFIT 2.02 BILLION RUPEES VERSUS 1.70 BILLION RUPEES
Q3 GROSS NPA 2.53%
Q3 INTERST EARNED 14.29 BILLION RUPEES VERSUS 10.63 BILLION RUPEES
Q3 PROVISIONS & CONTINGENCIES 843.8 BILLION RUPEES VERSUS 499 MILLION RUPEES
Q3 NET NPA 1.13%
Source text for Eikon: ID:nBSE9KYGXv
Further company coverage: EQUI.NS
(([email protected];))
Jan 25 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
Q3 NET PROFIT 2.02 BILLION RUPEES VERSUS 1.70 BILLION RUPEES
Q3 GROSS NPA 2.53%
Q3 INTERST EARNED 14.29 BILLION RUPEES VERSUS 10.63 BILLION RUPEES
Q3 PROVISIONS & CONTINGENCIES 843.8 BILLION RUPEES VERSUS 499 MILLION RUPEES
Q3 NET NPA 1.13%
Source text for Eikon: ID:nBSE9KYGXv
Further company coverage: EQUI.NS
(([email protected];))
India's Equitas Small Finance Bank hits record high on upbeat Q3
** Shares of Equitas Small Finance Bank EQUI.NS rise as much as 2.7% to a record 114.45 rupees
** EQUI reports 32% YoY jump in Dec-quarter gross advances; total deposits surge 39%
** Seven of 17 analysts covering the stock have "strong buy" rating, average rating is "buy;" median PT is 115 rupees - LSEG data
** Stock surged ~81% in 2023, biggest yearly gain since listing in 2020
(Reporting by Anisha Ajith)
(([email protected];))
** Shares of Equitas Small Finance Bank EQUI.NS rise as much as 2.7% to a record 114.45 rupees
** EQUI reports 32% YoY jump in Dec-quarter gross advances; total deposits surge 39%
** Seven of 17 analysts covering the stock have "strong buy" rating, average rating is "buy;" median PT is 115 rupees - LSEG data
** Stock surged ~81% in 2023, biggest yearly gain since listing in 2020
(Reporting by Anisha Ajith)
(([email protected];))
Equitas Small Finance Bank Says RBI Approved Icici Prudential Asset Management To Acquire Aggregate Holding
Dec 28 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
RBI APPROVED ICICI PRUDENTIAL ASSET MANAGEMENT TO ACQUIRE AGGREGATE HOLDING OF UP TO 9.95% STAKE IN ESFBL
Source text for Eikon: ID:nBSE9mhVCC
Further company coverage: EQUI.NS
(([email protected];;))
Dec 28 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
RBI APPROVED ICICI PRUDENTIAL ASSET MANAGEMENT TO ACQUIRE AGGREGATE HOLDING OF UP TO 9.95% STAKE IN ESFBL
Source text for Eikon: ID:nBSE9mhVCC
Further company coverage: EQUI.NS
(([email protected];;))
India's Equitas Small Finance Bank jumps to record high
** Shares of Equitas Small Finance Bank EQUI.NS rise as much as 10.9% to a record high of 104.8 rupees
** Trading vol is 7.4x the 30-day daily avg, highest since March 17, 2023, and second highest since its listing in Nov, 2022
** EQUI moved above its 50-day simple moving avg; Moving Average Convergence Divergence (MACD) line moved above the signal line - LSEG data
** EQUI last up 9.5% at 103.5 rupees; avg rating of the 17 analysts is "buy" and median PT is 115 rupees - LSEG data
** Stock extends YTD gains to ~77%, on track for biggest yearly gain since its listing
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
** Shares of Equitas Small Finance Bank EQUI.NS rise as much as 10.9% to a record high of 104.8 rupees
** Trading vol is 7.4x the 30-day daily avg, highest since March 17, 2023, and second highest since its listing in Nov, 2022
** EQUI moved above its 50-day simple moving avg; Moving Average Convergence Divergence (MACD) line moved above the signal line - LSEG data
** EQUI last up 9.5% at 103.5 rupees; avg rating of the 17 analysts is "buy" and median PT is 115 rupees - LSEG data
** Stock extends YTD gains to ~77%, on track for biggest yearly gain since its listing
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
India's Equitas Small Finance Bank rises to record high on Q2 profit jump
** Shares of Equitas Small Finance Bank EQUI.NS rise as much as 3.3% to a record high of 101.9 rupees
** Co reports 70% jump in Q2 net profit to 1.98 bln rupees ($23.80 million), interest earned rose 35.6%
** EQUI's Q2 gross NPA at 2.27% vs 2.75% in prev qtr
** ~4.2 mln shares change hands by 10:05 a.m. IST vs 30-day avg of 6.1 mln shares
** Twelve of the 15 analysts have a "buy" or "strong buy" rating, while three have "hold"; median PT is 109 rupees - LSEG data
** Stock up 1.4% as of 10:05 a.m. IST, extending YTD gains to ~71%
($1 = 83.1875 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
** Shares of Equitas Small Finance Bank EQUI.NS rise as much as 3.3% to a record high of 101.9 rupees
** Co reports 70% jump in Q2 net profit to 1.98 bln rupees ($23.80 million), interest earned rose 35.6%
** EQUI's Q2 gross NPA at 2.27% vs 2.75% in prev qtr
** ~4.2 mln shares change hands by 10:05 a.m. IST vs 30-day avg of 6.1 mln shares
** Twelve of the 15 analysts have a "buy" or "strong buy" rating, while three have "hold"; median PT is 109 rupees - LSEG data
** Stock up 1.4% as of 10:05 a.m. IST, extending YTD gains to ~71%
($1 = 83.1875 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
India's Equitas Small Finance Bank Sept-Quarter Net Profit Rises
Oct 19 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
INDIA'S EQUITAS SMALL FINANCE BANK SEPT-QUARTER NET PROFIT 1.98 BILLION RUPEES VERSUS 1.16 BILLION RUPEES
EQUITAS SMALL FINANCE BANK SEPT-QUARTER GROSS NPA 2.27% VERSUS 2.75% PREV QUARTER
EQUITAS SMALL FINANCE BANK SEPT-QUARTER INTERST EARNED 13.59 BILLION RUPEES VERSUS 10.02 BILLION RUPEES
EQUITAS SMALL FINANCE BANK SEPT-QUARTER PROVISIONS & CONTINGENCIES 632 MILLION RUPEES VERSUS 901 MILLION RUPEES
EQUITAS SMALL FINANCE BANK SEPT-QUARTER NET NPA 0.97% VERSUS 1.18% PREV QUARTER
Source text for Eikon: ID:nBSE59Grfp
Further company coverage: EQUI.NS
(([email protected];))
Oct 19 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
INDIA'S EQUITAS SMALL FINANCE BANK SEPT-QUARTER NET PROFIT 1.98 BILLION RUPEES VERSUS 1.16 BILLION RUPEES
EQUITAS SMALL FINANCE BANK SEPT-QUARTER GROSS NPA 2.27% VERSUS 2.75% PREV QUARTER
EQUITAS SMALL FINANCE BANK SEPT-QUARTER INTERST EARNED 13.59 BILLION RUPEES VERSUS 10.02 BILLION RUPEES
EQUITAS SMALL FINANCE BANK SEPT-QUARTER PROVISIONS & CONTINGENCIES 632 MILLION RUPEES VERSUS 901 MILLION RUPEES
EQUITAS SMALL FINANCE BANK SEPT-QUARTER NET NPA 0.97% VERSUS 1.18% PREV QUARTER
Source text for Eikon: ID:nBSE59Grfp
Further company coverage: EQUI.NS
(([email protected];))
Equitas Small Finance Bank Says Gross Advances For Quarter Ended September 30 Up 37% Y/Y
Oct 5 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
GROSS ADVANCES FOR QUARTER ENDED SEPTEMBER 30, 2023 UP 37% Y/Y
PROVISIONAL TOTAL Q2 DEPOSITS UP 42% YOY
Further company coverage: EQUI.NS
(([email protected];))
Oct 5 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
GROSS ADVANCES FOR QUARTER ENDED SEPTEMBER 30, 2023 UP 37% Y/Y
PROVISIONAL TOTAL Q2 DEPOSITS UP 42% YOY
Further company coverage: EQUI.NS
(([email protected];))
Equitas Small Finance Bank Says RBI Approval Granted To HDFC Asset Management Co For Stake Acquisition
Sept 21 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
RBI APPROVAL GRANTED TO HDFC ASSET MANAGEMENT CO TO ACQUIRE UPTO 9.5% STAKE IN CO
Further company coverage: EQUI.NS
(([email protected];))
Sept 21 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
RBI APPROVAL GRANTED TO HDFC ASSET MANAGEMENT CO TO ACQUIRE UPTO 9.5% STAKE IN CO
Further company coverage: EQUI.NS
(([email protected];))
India's Equitas Small Finance Bank slides on block deal
** Shares of Equitas Small Finance Bank Ltd EQUI.NS fall as much as 3.3% to 91.6 rupees, on track for its third straight session of losses
** About 5 mln shares of the lender changed hands in a single block deal at a price of 92.7 rupees a share as of 12:40 p.m. IST - Refinitiv data
** Trading volume at ~11.3 mln shares, 1.9x the 30-day avg of ~6 mln shares as of 12:30 p.m. IST
** Average rating of 16 analysts covering stock equivalent to 'buy'; median PT is 109 rupees - Refinitiv data
** Stock up ~58% YTD
(Reporting by Biplob Kumar Das in Bengaluru)
** Shares of Equitas Small Finance Bank Ltd EQUI.NS fall as much as 3.3% to 91.6 rupees, on track for its third straight session of losses
** About 5 mln shares of the lender changed hands in a single block deal at a price of 92.7 rupees a share as of 12:40 p.m. IST - Refinitiv data
** Trading volume at ~11.3 mln shares, 1.9x the 30-day avg of ~6 mln shares as of 12:30 p.m. IST
** Average rating of 16 analysts covering stock equivalent to 'buy'; median PT is 109 rupees - Refinitiv data
** Stock up ~58% YTD
(Reporting by Biplob Kumar Das in Bengaluru)
India's Equitas Small Finance Bank June-Qtr Net Profit Rises
July 28 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
INDIA'S EQUITAS SMALL FINANCE BANK JUNE-QUARTER NET PROFIT 1.91 BILLION RUPEES VERSUS 970.1 MILLION RUPEES
EQUITAS SMALL FINANCE BANK JUNE-QUARTER INTERST EARNED 12.54 BILLION RUPEES VERSUS 9.40 BILLION RUPEES
EQUITAS SMALL FINANCE BANK JUNE-QUARTER PROVISIONS & CONTINGENCIES 600.7 MILLION RUPEES VERSUS 1.42 BILLION RUPEES
EQUITAS SMALL FINANCE BANK JUNE-QUARTER GROSS NPA 2.75% VERSUS 2.76% PREV QUARTER
EQUITAS SMALL FINANCE BANK JUNE-QUARTER NET NPA 1.18% VERSUS 1.21% PREV QUARTER
Source text for Eikon: ID:nNSE94BSMv
Further company coverage: EQUI.NS
(([email protected];;))
July 28 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
INDIA'S EQUITAS SMALL FINANCE BANK JUNE-QUARTER NET PROFIT 1.91 BILLION RUPEES VERSUS 970.1 MILLION RUPEES
EQUITAS SMALL FINANCE BANK JUNE-QUARTER INTERST EARNED 12.54 BILLION RUPEES VERSUS 9.40 BILLION RUPEES
EQUITAS SMALL FINANCE BANK JUNE-QUARTER PROVISIONS & CONTINGENCIES 600.7 MILLION RUPEES VERSUS 1.42 BILLION RUPEES
EQUITAS SMALL FINANCE BANK JUNE-QUARTER GROSS NPA 2.75% VERSUS 2.76% PREV QUARTER
EQUITAS SMALL FINANCE BANK JUNE-QUARTER NET NPA 1.18% VERSUS 1.21% PREV QUARTER
Source text for Eikon: ID:nNSE94BSMv
Further company coverage: EQUI.NS
(([email protected];;))
Equitas Small Finance Bank Provisional Gross Advances Up 36% Y/Y Quarter Ended June 30
July 5 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
PROVISIONAL TOTAL DEPOSITS AS OF JUNE 30 AT 277.09 BILLION RUPEES, UP 36% Y/Y
PROVISIONAL GROSS ADVANCES FOR JUNE QUARTER UP 36% YOY
Source text for Eikon: ID:nNSE7HkWT9
Further company coverage: EQUI.NS
(([email protected];;))
July 5 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
PROVISIONAL TOTAL DEPOSITS AS OF JUNE 30 AT 277.09 BILLION RUPEES, UP 36% Y/Y
PROVISIONAL GROSS ADVANCES FOR JUNE QUARTER UP 36% YOY
Source text for Eikon: ID:nNSE7HkWT9
Further company coverage: EQUI.NS
(([email protected];;))
Equitas Small Finance Bank Says India Cenbank Approves Re-Appointment Of Vasudevan P N As MD, CEO
June 16 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
INDIA CENBANK APPROVED RE-APPOINTMENT OF VASUDEVAN P N AS MD AND CEO OF BANK
Source text for Eikon: ID:nNSE7RkSBx
Further company coverage: EQUI.NS
(([email protected];))
June 16 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
INDIA CENBANK APPROVED RE-APPOINTMENT OF VASUDEVAN P N AS MD AND CEO OF BANK
Source text for Eikon: ID:nNSE7RkSBx
Further company coverage: EQUI.NS
(([email protected];))
India's Equitas Small Finance Bank hits record high as Q4 profit surges
** Shares of Equitas Small Finance Bank Ltd EQUI.NS rise as much as 7.6% to record high 78.4 rupees
** Bank on Friday reported 59% YoY jump in March-qtr net profit with a 29% increase in interest earned nFWN3722PU
** Kotak Institutional Equities sees steady recovery in return ratios, supported by lower credit costs and operating costs in medium term
** Contained slippages and steady broad-based credit growth should drive further improvement in bank’s earnings profile - Kotak
** Kotak reiterates "buy" rating; brokerage increases target price to 77 rupees
** Antique Stock Broking estimates return on assets of 1.8-1.9% over FY24-25; maintains "buy" rating
** Expects some moderation in core revenue led by cost of funds increase, says Antique
** About 9.5 mln shares change hands by 10:53 a.m. IST, 1.8x the 30-day avg - Refinitiv IBES data
** All 15 analysts covering the stock have a "buy" or higher rating; median PT is 83.50 rupees
** Stock last up 5.3%, extending YTD gains to ~32%
($1 = 81.7125 Indian rupees)
(Reporting by Priya Sagar in Bengaluru)
** Shares of Equitas Small Finance Bank Ltd EQUI.NS rise as much as 7.6% to record high 78.4 rupees
** Bank on Friday reported 59% YoY jump in March-qtr net profit with a 29% increase in interest earned nFWN3722PU
** Kotak Institutional Equities sees steady recovery in return ratios, supported by lower credit costs and operating costs in medium term
** Contained slippages and steady broad-based credit growth should drive further improvement in bank’s earnings profile - Kotak
** Kotak reiterates "buy" rating; brokerage increases target price to 77 rupees
** Antique Stock Broking estimates return on assets of 1.8-1.9% over FY24-25; maintains "buy" rating
** Expects some moderation in core revenue led by cost of funds increase, says Antique
** About 9.5 mln shares change hands by 10:53 a.m. IST, 1.8x the 30-day avg - Refinitiv IBES data
** All 15 analysts covering the stock have a "buy" or higher rating; median PT is 83.50 rupees
** Stock last up 5.3%, extending YTD gains to ~32%
($1 = 81.7125 Indian rupees)
(Reporting by Priya Sagar in Bengaluru)
India's Equitas Small Finance Bank approves Dividend Of 1 Rupee per Share
May 5 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
DIVIDEND OF 1 RUPEE PER SHARE
Source text for Eikon: ID:nNSE2NhN7v
Further company coverage: EQUI.NS
(([email protected];))
May 5 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
DIVIDEND OF 1 RUPEE PER SHARE
Source text for Eikon: ID:nNSE2NhN7v
Further company coverage: EQUI.NS
(([email protected];))
Equitas Small Finance Bank Says RBI Granted Authorized Dealer Category-I License To Bank To Deal In Foreign Exchange
April 19 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
RBI GRANTED AUTHORIZED DEALER CATEGORY-I LICENSE TO BANK TO DEAL IN FOREIGN EXCHANGE
Source text for Eikon: ID:nNSE63chpv
Further company coverage: EQUI.NS
(([email protected];))
April 19 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
RBI GRANTED AUTHORIZED DEALER CATEGORY-I LICENSE TO BANK TO DEAL IN FOREIGN EXCHANGE
Source text for Eikon: ID:nNSE63chpv
Further company coverage: EQUI.NS
(([email protected];))
Equitas Small Finance Bank Says March-Quarter Gross Advance At 280.61 Billion Rupees, Up 36% Y/Y
April 5 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
MARCH-QUARTER GROSS ADVANCES AT 280.61 BILLION RUPEES, UP 36% Y/Y
TOTAL DEPOSITS GREW 34% YOY TO 253.81 BILLION RUPEES IN QUARTER ENDED MARCH 31
DISBURSEMENTS FOR THE QUARTER GREW 80% YOY TO 59.17 BILLION RUPEES
CASA RATIO FOR MARCH QUARTER AT 42%
Source text for Eikon: ID:nBSE9c1Jsj
Further company coverage: EQUI.NS
(([email protected];))
April 5 (Reuters) - Equitas Small Finance Bank Ltd EQUI.NS:
MARCH-QUARTER GROSS ADVANCES AT 280.61 BILLION RUPEES, UP 36% Y/Y
TOTAL DEPOSITS GREW 34% YOY TO 253.81 BILLION RUPEES IN QUARTER ENDED MARCH 31
DISBURSEMENTS FOR THE QUARTER GREW 80% YOY TO 59.17 BILLION RUPEES
CASA RATIO FOR MARCH QUARTER AT 42%
Source text for Eikon: ID:nBSE9c1Jsj
Further company coverage: EQUI.NS
(([email protected];))
Upcoming Events:
Quarterly Results
Events:
Dividend
Dividend
More Small Cap Ideas
See similar 'Small' cap companies with recent activity
Promoter Buying
Companies where the promoters are bullish
Capex
Companies investing on expansion
Superstar Investor
Companies where well known investors have invested
Popular questions
-
Business
-
Financials
-
Share Price
-
Shareholdings
What does Equitas Small Fin. do?
Equitas Small Finance Bank focuses on serving financially unserved and underserved customer segments in India by offering a range of customized banking products and services, including small business loans, microfinance, and vehicle loans.
Who are the competitors of Equitas Small Fin.?
Equitas Small Fin. major competitors are Karnataka Bank, Tamilnad Mercantile, Ujjivan Small Fin, South Indian Bank, CSB Bank, DCB Bank, RBL Bank. Market Cap of Equitas Small Fin. is ₹7,415 Crs. While the median market cap of its peers are ₹6,885 Crs.
Is Equitas Small Fin. financially stable compared to its competitors?
Equitas Small Fin. seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Equitas Small Fin. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Equitas Small Fin. latest dividend payout ratio is 14.2% and 3yr average dividend payout ratio is 16.78%
How has Equitas Small Fin. allocated its funds?
Company has been allocating majority of new resources to productive uses like loans. However relatively unproductive allocation like cash and Gov Securities has also increased.
How strong is Equitas Small Fin. balance sheet?
Latest balance sheet of Equitas Small Fin. is strong. Strength was visible historically as well.
Is the profitablity of Equitas Small Fin. improving?
The profit is oscillating. The profit of Equitas Small Fin. is ₹313 Crs for TTM, ₹799 Crs for Mar 2024 and ₹574 Crs for Mar 2023.
Is Equitas Small Fin. stock expensive?
Equitas Small Fin. is expensive when considering the PE ratio, however latest Price to Book is < 3 yr avg Price to Book. Latest PE of Equitas Small Fin. is 23.72 while 3 year average PE is 17.75. Also latest Price to Book of Equitas Small Fin. is 1.25 while 3yr average is 1.74.
Has the share price of Equitas Small Fin. grown faster than its competition?
Equitas Small Fin. has given lower returns compared to its competitors. Equitas Small Fin. has grown at ~-3.35% over the last 2yrs while peers have grown at a median rate of 11.32%
Is the promoter bullish about Equitas Small Fin.?
There is Insufficient data to gauge this.
Are mutual funds buying/selling Equitas Small Fin.?
The mutual fund holding of Equitas Small Fin. is increasing. The current mutual fund holding in Equitas Small Fin. is 37.55% while previous quarter holding is 37.27%.