Equitas Small Finance Bank Limited (EQUITASBNK.NS)
Chennai, TN, IN
Equitas Small Finance Bank Limited delivers a comprehensive suite of banking and financial services to a diverse clientele, including individual customers, corporate entities, and micro, small, and medium-sized enterprises (MSMEs). The institution's operations are structured across key segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The bank provides an array of deposit products, such as fixed, savings, salary, business, current, and TASC accounts. For borrowing needs, it extends various loan facilities, including those secured against property, gold, or homes, as well as financing for used cars, businesses, and MSMEs. Beyond traditional loans, Equitas also offers vehicle financing, merchant overdrafts, monitoring services for MSME loans, overdrafts against deposits, and specialized financing for agribusinesses. Complementing these are a suite of additional services: investment options, a variety of insurance products (general, life, and health), pension schemes, payment and collection solutions, retail foreign exchange, fund transfers, and debit cards. Accessibility is enhanced through online, mobile, and even doorstep banking services. The bank maintains a significant physical presence across India, operating 869 banking outlets and 339 ATMs. Established in 1993, originally known as Equitas Finance Limited, the institution is headquartered in Chennai, India, and operates as a subsidiary of Equitas Holdings Limited.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.71% | -8.17% | +9.90% | -1.41% | +17.23% | +7.81% | +6.71% | -12.03% | +20.62% | +107.04% | +107.04% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | 0 |
| Buy | 11 | 0 |
| Hold | 3 | 0 |
| Sell | 1 | 0 |
| Strong Sell | 2 | 0 |
-
Revenue growth+10.4% Q1'26: +18.6% (vs Q1'25)
-
EPS growth-30.2% Q1'26: +402.7% (vs Q1'25)
-
FCF margin— Q1'26: +0.0% (vs Q1'25)
-
EBIT margin— Q1'26: +13.2% (vs Q1'25)
-
ROIC— Q1'26: +13.7% (vs Q1'25)
-
Share dilution+0.5% Q1'26: +0.5% (vs Q1'25)
-
Debt / EBITDA— Q1'26: 5.18× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 13 Rev. Ana. 13 EPS Ana. |
Mar 2027 18 Rev. Ana. 18 EPS Ana. |
Mar 2028 17 Rev. Ana. 17 EPS Ana. |
Mar 2029 4 Rev. Ana. 5 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
29.10B
est: 14.35B (+102.8%)
|
35.94B
est: 21.57B (+66.6%)
|
39.34B
est: 25.81B (+52.4%)
|
46.66B
est: 32.14B (+45.2%)
|
61.58B
est: 39.74B (+55.0%)
|
71.26B
est: 42.32B (+68.4%)
|
44.16B
43.83B – 44.65B
+4.4% YoY
|
53.25B
50.71B – 55.90B
+20.6% YoY
|
63.19B
59.72B – 66.71B
+18.7% YoY
|
74.12B
74.12B – 74.12B
+17.3% YoY
|
| EBITDA |
4.47B
est: 2.02B (+121.2%)
|
5.88B
est: 3.04B (+93.3%)
|
4.53B
est: 3.64B (+24.6%)
|
8.53B
est: 4.53B (+88.3%)
|
11.98B
est: 4.60B (+160.3%)
|
3.47B
est: 4.90B (-29.2%)
|
5.11B
5.07B – 5.17B
+4.4% YoY
|
6.16B
5.87B – 6.47B
+20.6% YoY
|
7.31B
6.91B – 7.72B
+18.7% YoY
|
8.58B
8.58B – 8.58B
+17.3% YoY
|
| EBIT |
3.51B
est: 1.73B (+102.6%)
|
5.11B
est: 2.60B (+96.3%)
|
3.78B
est: 3.12B (+21.3%)
|
7.69B
est: 3.88B (+98.1%)
|
10.63B
est: 3.80B (+180.0%)
|
1.99B
est: 4.04B (-50.8%)
|
4.22B
4.19B – 4.27B
+4.4% YoY
|
5.09B
4.85B – 5.34B
+20.6% YoY
|
6.04B
5.71B – 6.37B
+18.7% YoY
|
7.08B
7.08B – 7.08B
+17.3% YoY
|
| Net Income |
2.44B
est: 2.38B (+2.3%)
|
3.84B
est: 3.61B (+6.6%)
|
2.81B
est: 2.54B (+10.4%)
|
5.74B
est: 5.85B (-2.0%)
|
7.99B
est: 6.34B (+26.1%)
|
1.47B
est: 2.45B (-40.1%)
|
296.68M
276.53M – 316.84M
-87.9% YoY
|
7.17B
5.77B – 8.29B
+2,315.1% YoY
|
10.01B
8.31B – 10.93B
+39.6% YoY
|
12.70B
10.09B – 15.08B
+26.9% YoY
|
| SGA |
427.06M
est: 215.84M (+97.9%)
|
346.39M
est: 324.55M (+6.7%)
|
634.38M
est: 388.37M (+63.3%)
|
812.21M
est: 483.60M (+68.0%)
|
1.01B
est: 2.51B (-59.6%)
|
1.11B
est: 2.67B (-58.3%)
|
2.78B
2.76B – 2.81B
+4.4% YoY
|
3.36B
3.20B – 3.52B
+20.6% YoY
|
3.98B
3.77B – 4.21B
+18.7% YoY
|
4.67B
4.67B – 4.67B
+17.3% YoY
|
| EPS |
2.39
est: 2.09 (+14.4%)
|
3.53
est: 3.16 (+11.6%)
|
2.43
est: 2.23 (+8.9%)
|
4.71
est: 5.13 (-8.2%)
|
7.12
est: 5.64 (+26.3%)
|
1.29
est: 2.14 (-39.7%)
|
0.26
0.24 – 0.28
-87.9% YoY
|
6.24
5.04 – 7.24
+2,311.2% YoY
|
8.64
7.26 – 9.54
+38.5% YoY
|
11.05
8.81 – 13.17
+27.9% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | C+ | 2/5 | 3/5 | 2/5 | 2/5 | 2/5 | 1/5 | 3/5 |
| 2026-05-11 | C+ | 2/5 | 3/5 | 2/5 | 2/5 | 2/5 | 1/5 | 3/5 |
| 2026-05-08 | C+ | 2/5 | 3/5 | 2/5 | 2/5 | 2/5 | 1/5 | 3/5 |
| 2026-05-07 | C+ | 2/5 | 3/5 | 2/5 | 2/5 | 2/5 | 1/5 | 3/5 |
| 2026-05-06 | C+ | 2/5 | 3/5 | 2/5 | 2/5 | 2/5 | 1/5 | 3/5 |
| 2026-05-05 | C+ | 2/5 | 3/5 | 2/5 | 2/5 | 2/5 | 1/5 | 3/5 |
| 2026-05-04 | C+ | 2/5 | 3/5 | 2/5 | 2/5 | 2/5 | 1/5 | 3/5 |
| 2026-04-30 | C- | 1/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-29 | C- | 1/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-28 | C- | 1/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-27 | C- | 1/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO | 0.00% | 109.7K | 0.26% |
| 2 | Vanguard FTSE Emerging Markets Shares ETF VGE.AX | 0.00% | 48.6K | 0.48% |
| 3 | Vanguard ESG Global All Cap UCITS ETF (USD) Accumulating V3AA.L | 0.00% | 14.6K | 0.24% |
| 4 | Vanguard ESG Global All Cap UCITS ETF (USD) Distributing V3AL.L | 0.00% | 14.6K | 0.24% |
| 5 | Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO | 0.00% | 8.7K | 0.22% |
| 6 | Vanguard All-Equity ETF Portfolio VEQT.TO | 0.00% | 26.2K | 0.22% |
| 7 | Vanguard Growth ETF Portfolio VGRO.TO | 0.00% | 14.1K | 0.22% |
| 8 | Vanguard Balanced ETF Portfolio VBAL.TO | 0.00% | 6.2K | 0.22% |
| 9 | Vanguard Conservative ETF Portfolio VCNS.TO | 0.00% | 717.11 | 0.22% |
| 10 | Vanguard Retirement Income ETF Portfolio VRIF.TO | 0.00% | 235.64 | 0.31% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Pathangi Narasimhan Vasudevan | MD, Chief Executive Officer & Director | 31M | male |
| Sridharan Nanuiyer | Chief Financial Officer | 24M | male |
| Ramanathan | Company Secretary & Compliance Officer | 5M | male |
| Balaji Nuthalapadi | Executive Director of Technology & Operations and Executive Wholetime Director | 190.0K | male |
| Siby Sebastian | President & Head of Operations | — | male |
| Vignesh Murali | Head of Brand, Marketing & Corporate Communications | — | male |
| Ashwini Biswal | Chief Compliance Officer | — | male |
| Vivek Dhavale | Chief Technology Officer | — | male |
| Pallab Mukherji | Chief People Officer | — | male |
| S. Sethupathy | Head of Process & Quality Assurance | — | male |
| Sibi | Chief Risk Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for EQUITASBNK.NS
Short-term intention
Target Price Distribution
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