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EQUITAS SMALL FINANCE BANK SHARE PRICE

Sector Banks
BSE 543243
NSE EQUITASBNK
74.09
1.96 (2.72 %)
Buy
B
Sell
S
NSE BSE

Overview

1D 1W 1M 3M 6M 1Yr 3Yr 5Yr 10Yr Max
Price PE Ratio
Day Low

71.89

Day High

74.90

52 Week Low

51.25

52 Week High

83.90

All Time Low

30.05

All Time High

116.50

Open

72.05

Close

72.13

Volume

2,395,159

Mkt cap (Cr)

8,473.84

P/E ratio

16.50

P/B ratio

1.38%

Div yield

0.00%

6M return

32.66%

1Y return

32.68%

SWOT Analysis

  • S
  • W
  • O
  • T
  • Strength (5)

    Stocks with MACD Crossover Above

  • Weakness (10)

    This identifies stocks which have low interest coverage, with interest payments that are high compared to their earnings. This indicates that these companies may have trouble meeting their interest payments. Stocks with an interest coverage ratio of 1.5 or below are considered in the danger zone.

  • Opportunity (1)

    FII / FPI or Institutions increasing their shareholding

  • Threats (0)
  • MACD Crossover Above Signal Line
  • Increasing Revenue every quarter for the past 3 quarters
  • Book Value per share Improving for last 2 years
  • Companies with Zero Promoter Pledge
  • Decrease in NPA in recent results
  • Red Flag: High Interest Payments Compared to Earnings
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Low Piotroski Score : Companies with weak financials
  • Declining Net Cash Flow : Companies not able to generate net cash
  • Annual net profit declining for last 2 years
  • Companies Increasing Debt as per Annual Report
  • Increase in Provisions in Recent Results
  • FII / FPI or Institutions increasing their shareholding
Data not found

Technical Analysis

Moving Averages

EMA SMA
  • 5 Day 73.1
  • 10 Day 73.1
  • 12 Day 73.2
  • 20 Day 73.6
  • 26 Day 73.8
  • 50 Day 74.3
  • 100 Day 73.0
  • 200 Day 70.1
74.09 2.72%

Current Price

  • Bullish Moving Averages 12
  • Bearish Moving Averages 4

Resistance and support

73.63PIVOT
  • First Resistance 75.4
  • Second Resistance 76.6
  • Third Resistance 78.4
  • First Support 72.4
  • Second Support 70.6
  • Third Support 69.3

Company Financials

  • Profit and loss statement
  • Balance sheet
  • Quarterly Result
  • Ratio
  • CAGR IN 10 YEARS
  • 23.13%
  • 4.80%
  • -0.11%
Mar 2026 (CR)
Mar 2025 (CR)
Mar 2024 (CR)
Mar 2023 (CR)
Mar 2022 (CR)
NII 3,391.17 3,251.62 3,079.76 2,544.73 2,038.54
Total Income 4,464.72 4,163.11 3,878.43 3,214.32 2,576.10
Pre Provision Profit (PPP) 1,264.97 1,334.27 1,377.36 1,176.01 871.95
PPP as % of Advances 2.96 3.68 4.45 4.56 4.50
Provision Expense 1,136.84 1,135.42 314.23 407.20 493.84
PAT 103.08 147.05 798.96 573.59 280.73
EPS 0.90 1.29 7.04 5.16 2.24
  • CAGR IN 10 YEARS
  • 13.17%
  • 25.09%
  • 42.49%
Mar 2026 (CR)
Mar 2025 (CR)
Mar 2024 (CR)
Mar 2023 (CR)
Mar 2022 (CR)
Equity 1,141.04 1,139.86 1,134.89 1,110.56 1,252.03
Networth 6,124.83 6,072.52 5,968.70 5,157.95 4,246.17
Deposits 46,533.09 43,102.31 36,129.20 25,348.48 18,950.80
Borrowing 5,772.55 2,136.99 1,787.53 2,973.76 2,616.40
Advances 42,751.29 36,208.89 30,964.30 25,798.56 19,374.21
Investment 10,148.83 9,288.69 9,065.27 6,664.56 4,449.85
Total Assets 58,430.47 51,311.82 43,885.43 33,480.19 25,813.37
Jun 2026 (CR)
Mar 2026 (CR)
Dec 2025 (CR)
Sep 2025 (CR)
Jun 2025 (CR)
NII 1,029.59 980.12 851.63 773.68 785.74
Total Income 1,284.69 1,243.58 1,141.08 1,002.63 1,077.43
PPP 404.73 402.46 307.18 240.56 314.77
PPP as % of advances 0.85 0.87 0.71 0.61 0.84
Provision Expense 160.66 124.11 193.45 207.02 612.25
PAT 183.61 212.68 90.03 24.14 -223.76
Advances 47,641.00 46,165.00 43,268.00 39,123.00 37,610.00
Deposits 48,976.00 46,533.00 43,668.00 44,094.00 44,345.00
GNPA 1,100.39 1,134.89 1,116.09 1,081.87 1,035.99
NNPA 318.94 306.08 367.15 357.82 341.59
  • CAGR IN 10 YEARS
  • 13.17%
  • 25.09%
  • 20.85%
Mar 2026 (CR)
Mar 2025 (CR)
Mar 2024 (CR)
Mar 2023 (CR)
Mar 2022 (CR)
PE 57.20 42.63 13.13 12.99 22.81
P/BV 0.96 1.03 1.76 1.44 1.51
NIM 6.57 7.24 8.20 8.67 8.27
GNPA 2.60 2.89 2.61 2.76 4.24
NNPA 0.72 0.98 1.17 1.21 2.47
ROE 0.00 2.44 14.36 12.20 7.35
ROA 1.90 1.84 1.96 1.82 1.07
CRAR 0.00 0.00 0.00 0.00 0.00

Quick Results Snapshot

Q1FY27 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

Equitas Small Finance Bank announced Q1FY27 results

Financial Highlights:

  • Total Income: The Bank reported a total income of Rs 2,21,549.99 lakh in Q1FY27, marking an increase of 14.17% YoY from Rs 1,94,054.98 lakh in Q1FY26 and a growth of 5.51% QoQ from Rs 2,09,980.77 lakh in Q4FY26.
  • Interest Earned: Interest earned for Q1FY27 stood at Rs 1,96,039.79 lakh, up 18.89% YoY compared to Rs 1,64,886.35 lakh in Q1FY26 and up 6.76% QoQ compared to Rs 1,83,634.90 lakh in Q4FY26.
  • Other Income: Other income for Q1FY27 was reported at Rs 25,510.20 lakh, reflecting a decrease of 12.54% YoY from Rs 29,168.63 lakh in Q1FY26 and a decline of 3.17% QoQ from Rs 26,345.87 lakh in Q4FY26.
  • Operating Profit: Operating profit before provisions and contingencies stood at Rs 40,473.33 lakh in Q1FY27, reflecting a YoY growth of 28.58% from Rs 31,476.96 lakh in Q1FY26 and a marginal increase of 0.57% QoQ from Rs 40,245.85 lakh in Q4FY26.
  • Net Profit: The Bank recorded a net profit of Rs 18,360.69 lakh in Q1FY27. This represents a significant turnaround YoY from a net loss of Rs 22,376.33 lakh in Q1FY26. On a QoQ basis, the profit decreased by 13.67% from Rs 21,268.29 lakh in Q4FY26.
  • Provisions (other than tax) and Contingencies: Provisions stood at Rs 16,066.03 lakh in Q1FY27, compared to Rs 61,224.95 lakh in Q1FY26 and Rs 12,410.95 lakh in Q4FY26.
  • Asset Quality (NPA):
    • Gross NPAs: Rs 1,10,038.62 lakh (2.42% of Gross Advances) in Q1FY27, compared to 2.92% in Q1FY26 and 2.60% in Q4FY26.
    • Net NPAs: Rs 31,893.59 lakh (0.71% of Net Advances) in Q1FY27, compared to 0.98% in Q1FY26 and 0.72% in Q4FY26.
  • Key Ratios:
    • Capital Adequacy Ratio (Basel-II): 19.44% in Q1FY27 compared to 20.48% in Q1FY26 and 20.31% in Q4FY26.
    • Return on Assets (Annualised): 0.29% for Q1FY27, compared to (0.41%) in Q1FY26 and 0.35% in Q4FY26.
    • Net Worth: Rs 5,79,833.21 lakh as of Q1FY27.

Business Highlights:

  • Segment Performance (Revenue):
    • Retail Banking: The segment earned revenue of Rs 1,92,010.01 lakh in Q1FY27, up from Rs 1,55,791.39 lakh in Q1FY26.
    • Treasury: This segment reported revenue of Rs 23,704.67 lakh in Q1FY27, down from Rs 33,503.62 lakh in Q1FY26.
    • Wholesale Banking: Revenue for Q1FY27 was Rs 3,555.47 lakh, compared to Rs 1,573.50 lakh in Q1FY26.
    • Other Banking Operations: Revenue stood at Rs 2,279.84 lakh in Q1FY27, against Rs 3,186.47 lakh in Q1FY26.
  • Utilization of Issue Proceeds: The issue proceeds of Non-Convertible Debentures (NCDs) amounting to Rs 500 crore as of December 05, 2024, and Rs 500 crore as of July 31, 2025, have been fully utilized for the intended purposes.
  • Bonus Shares Allotment: During the quarter, 24,76,96,809 equity shares were allotted to eligible holders as bonus equity shares by capitalizing the share premium. Consequently, EPS figures for previous periods have been restated.
  • CCD Conversion: Up to June 30, 2026, 1,37,000 Compulsorily Convertible Debentures (CCDs) were converted into 98,74,127 equity shares.
  • ESOP Allotment: The Bank allotted 26,78,746 equity shares of face value Rs 10 each during Q1FY27 pursuant to the exercise of options by employees.
  • Loan Transfers: During Q1FY27, the Bank transferred loans not in default through assignment totaling Rs 52,029.73 lakh.
  • Security Receipts (SR): The Gross Value of Outstanding SRs as of June 30, 2026, stood at Rs 17,521.54 lakh.

Result PDF

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Q4FY26 & FY26 Result Announced for Equitas Small Finance Bank Ltd.

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Q3FY26 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Q1FY26 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Q4FY25 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Q3FY25 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Q2FY25 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Q1FY25 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Q4FY24 Quarterly & FY24 Annual Result Announced for Equitas Small Finance Bank Ltd.

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Q2FY24 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Q1FY24 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Q4FY23 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Q3FY23 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Q2FY23 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Q1FY23 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Q4FY22 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Q3FY22 Quarterly Result Announced for Equitas Small Finance Bank Ltd.

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Shareholding Pattern

Summary

Name
Category
Shares
Share %
HDFC MUTUAL FUND Institutional 100,154,442 8.8%
MIRAE ASSET MUTUAL FUND Institutional 87,091,556 7.6%
FRANKLIN INDIA MUTUAL FUND Institutional 71,644,436 6.3%
SBI MUTUAL FUND Institutional 60,834,627 5.3%
NIPPON LIFE INDIA MUTUAL FUND Institutional 48,854,074 4.3%
CANARA ROBECO MUTUAL FUND Institutional 27,810,442 2.4%
AXIS MUTUAL FUND Institutional 25,802,655 2.3%
SUNDARAM MUTUAL FUND Institutional 18,847,318 1.7%
EDELWEISS MUTUAL FUND Institutional 17,158,553 1.5%
ICICI PRUDENTIAL MUTUAL FUND Institutional 14,504,830 1.3%
ELLIPSIS PARTNERS LLC Institutional 36,675,382 3.2%
RIMCO INDIA LIMITED Institutional 23,100,000 2.0%
HARA GLOBAL CAPITAL MASTER FUND I LTD Institutional 22,701,110 2.0%
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED Institutional 15,247,041 1.3%
ASHISH DAWAN Public 46,870,000 4.1%
HUF Public 7,192,345 0.6%
INTERNATIONAL FINANCE CORPORATION Public 32,745,486 2.9%

Historical Promoter Summary

Promoter Holding(%)

Historical FII Holdings

FII Holding(%)

Historical MF Holdings

MF Holding(%)

Stocks Comparison
Table Chart

Company name
LTP
Market cap (Cr)
Return (1Y %)
Risk (Std. Dev.)
PE Ratio
Financial Year
Equitas Small Finance Bank Ltd 74.09 8,476.84 32.68 0.12 16.50 Mar 2026
HDFC Bank Ltd 731.00 1,126,960.78 -24.37 0.07 13.62 Mar 2026
ICICI Bank Ltd 1,338.90 961,076.30 -5.66 0.05 16.06 Mar 2026
State Bank of India 996.20 919,568.99 16.22 0.09 10.19 Mar 2026
Kotak Mahindra Bank Ltd 412.50 410,340.81 0.60 0.06 20.24 Mar 2026
Axis Bank Ltd 1,257.00 391,366.25 11.63 0.08 13.83 Mar 2026
Union Bank of India 176.56 134,778.94 28.85 0.09 6.55 Mar 2026
Punjab National Bank 117.27 134,777.75 4.73 0.09 6.09 Mar 2026
Bank of Baroda 234.94 121,495.98 -4.45 0.09 6.60 Mar 2026
Indian Bank 839.80 113,118.04 19.33 0.08 8.90 Mar 2026
Canara Bank 123.78 112,276.52 6.48 0.10 5.65 Mar 2026
IDBI Bank Ltd 83.06 89,309.45 -10.64 0.18 9.56 Mar 2026
Federal Bank Ltd 332.75 82,273.67 67.24 0.09 16.99 Mar 2026
AU Small Finance Bank Ltd 1,058.60 79,456.20 49.36 0.09 27.35 Mar 2026
IndusInd Bank Ltd 966.30 75,288.75 30.75 0.10 56.40 Mar 2026
IDFC First Bank Ltd 85.92 74,081.91 19.60 0.11 32.34 Mar 2026
Yes Bank Ltd 22.72 71,314.21 7.42 0.10 19.27 Mar 2026
RBL Bank Ltd 415.90 64,532.81 57.30 0.08 70.47 Mar 2026
Bank of Maharashtra 83.54 64,255.25 45.77 0.12 8.37 Mar 2026
Bank of India 140.00 63,737.35 17.02 0.10 5.41 Mar 2026
Indian Overseas Bank 32.17 61,948.45 -20.72 0.06 10.41 Mar 2026
UCO Bank 23.75 29,781.45 -22.11 0.11 10.56 Mar 2026
Central Bank of India 31.73 28,720.10 -16.10 0.10 6.29 Mar 2026
Bandhan Bank Ltd 175.00 28,195.08 6.53 0.16 20.83 Mar 2026
City Union Bank Ltd 235.79 23,361.77 54.60 0.10 16.65 Mar 2026
Jammu and Kashmir Bank Ltd 146.58 16,141.13 40.87 0.08 7.01 Mar 2026
Tamilnad Mercantile Bank Ltd 895.75 14,184.33 107.73 0.12 9.80 Mar 2026
Ujjivan Small Finance Bank Ltd 65.02 12,669.41 42.12 - 13.98 Mar 2026
South Indian Bank Ltd 46.07 12,067.12 57.34 0.11 7.98 Mar 2026
Karnataka Bank Ltd 313.80 11,873.78 79.06 0.10 8.26 Mar 2026
DCB Bank Ltd 218.35 7,034.78 68.84 0.13 8.91 Mar 2026
CSB Bank Ltd 336.15 5,831.73 -5.30 - 8.79 Mar 2026
Jana Small Finance Bank Ltd 527.30 5,576.33 12.89 0.12 14.68 Mar 2025
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Corporate Action

  • Announcement
  • Board Meeting
  • Dividend
  • Split
  • Rights
  • Events
NSE Announcement

Board Meeting Outcome for Outcome Of Board Meeting Held On September 16 2026

Sep 16, 2026

Outcome of Board meeting held on September 16 2026

Shareholder Meeting / Postal Ballot-Scrutinizers Report

Sep 11, 2026

Equitas Small Finance Bank Limited has informed the Exchanges regarding the Scrutinisers report and Voting results of the 10th Annual General Meeting of the Bank

Equitas Small Finance Bank Limited - Shareholders meeting

Sep 11, 2026

Outcome of 10th AGM held on September 09,2026

ESG Rating-Reg.

Sep 10, 2026

Equitas Small Finance Bank Limited has informed the Exchanges regarding ESG rating

Shareholder Meeting / Postal Ballot-Outcome of AGM

Sep 09, 2026

Equitas Small Finance Bank Limited has informed the Exchanges regarding the proceedings of the 10th AGM

Equitas Small Finance Bank Limited - ESOP/ESOS/ESPS

Sep 08, 2026

Equitas Small Finance Bank Limited has informed the Exchange regarding Allotment of 194810 equity shares pursuant to exercise of ESOP

Announcement under Regulation 30 (LODR)-Credit Rating

Sep 08, 2026

Equitas Small Finance Bank Limited has informed regarding the assignment of credit rating

Inauguration Of New Corporate Office Of Equitas Small Finance Bank Limited

Sep 07, 2026

Equitas Small Finance Bank Limited has informed the Exchanges regarding the inauguration of new corporate office on September 072026

Equitas Small Finance Bank Limited - Press Release

Sep 07, 2026

Equitas Small Finance Bank Limited has informed the Exchange regarding a press release dated September 07, 2026, titled "Equitas Small Finance Bank Launches When Organisations Win , Exploring the Role of Governance, Trust and Values in Building Sustainable Organisations".

ESG Rating-Reg.

Sep 05, 2026

Equitas Small Finance Bank Limited has informed the Exchanges regarding the ESG rating.

Non-Deal Roadshow To Be Attended By The Representatives Of The Bank

Aug 31, 2026

Equitas Small Finance Bank Limited has informed the Exchanges regarding the Non-deal roadshow to be attended by the representatives of the Bank

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Ex-Date Purpose Notes
2026-09-16 Others
2026-07-28 Quarterly Results
2026-06-24 To consider Fund Raising
2026-04-30 Audited Results
2026-01-29 Quarterly Results
2025-10-31 Quarterly Results
2025-08-08 Quarterly Results
2025-07-21 Others Inter-alia. to consider 1. Raising of capital through issuance of Subordinated, Unsecured, Redeemable, Non-Convertible Debentures (Bonds/ NCDs/ Debentures) on a private placement basis.
2025-05-30 Raising of funds
2025-04-30 Audited Results
2025-01-31 Quarterly Results
2024-11-08 Quarterly Results
2024-07-26 Quarterly Results
2024-04-24 Audited Results & Final Dividend
2024-01-25 Quarterly Results
2023-10-19 Quarterly Results
2023-07-28 Quarterly Results
2023-05-05 Audited Results & Dividend
2023-02-08 Quarterly Results
2022-10-31 Quarterly Results
2022-07-28 Quarterly Results
2022-05-04 Audited Results
2022-01-28 Quarterly Results
2021-10-29 Quarterly Results
2021-10-18 Others Inter alia, to discuss the various options available to achieve the Minimum Public Shareholding (MPS) under extant SEBI Circulars and finalise the roadmap for achieving the MPS compliance.
2021-07-30 Quarterly Results
2021-04-29 Audited Results
2021-01-28 Quarterly Results
2020-11-09 Quarterly Results
View More
Ex-Date Dividend Amount Dividend Type Record Date Instrument Type
2024-08-09 1 FINAL 2024-08-09 Equity Share
2023-07-28 1 FINAL 2023-07-28 Equity Share
No Data Found
No Data Found
No Data Found

Insider & Institutional Activity

  • Bulk Block Deals
  • Insider Trading & SAST
Client name
Deal Type
Date
Action
Avg. price
Quantity
Exchange
Societe Generale Block
2024-01-25
Purchase
106.20 2,422,323 BSE
Marshall Wace Investment Strategies - Eureka Fund Block
2024-01-25
Purchase
106.20 899,311 BSE
Marshall Wace Investment Strategiesgtops Fund Block
2024-01-25
Purchase
106.20 357,938 BSE
Marshallwaceinvestmentstrategiesmarketneutraltopsfund Block
2024-01-25
Purchase
106.20 2,378 BSE
Bnp Paribas Arbitrage Block
2024-01-25
Sell
106.20 2,422,323 BSE
Bnp Paribas Arbitrage Block
2024-01-25
Sell
106.20 1,259,627 BSE
Norges Bank On Account Of The Government Pension Fund Global Bulk
2023-03-17
Purchase
67.96 8,770,000 NSE
Vanguard Total International Stock Index Fund Bulk
2023-03-17
Purchase
68.01 5,719,437 NSE
Integrated Core Strategies (Asia) Pte. Ltd. Bulk
2023-03-17
Sell
67.99 6,639,982 NSE
Client name
Client Category
Action
Reported to Exchange
Quantity
Post Transaction Holding
Avg. Price
Regulation (Insider/SAST)
Mode
Mirae Asset Mutual Fund
Other
Acquisition
2026-08-03 1,392,953 89,022,343 SAST 29(2) Market
Mirae Asset Mutual Fund
Other
Acquisition
2026-06-25 9,718,905 65,707,640 SAST 29(1) Market
Hdfc Mutual Fund
Other
Acquisition
2023-11-30 23,280,386 69,435,399 SAST 29(1) Market
Dsp Trustee Pvt Ltd & Others
Other
Disposal
2023-07-28 3,518,749 41,666,911 SAST 29(2) Market
Srinivasan Bhaskar
Designated Person
Disposal
2023-03-20 600,000 2,651,400 65.78 Insider Trading Market Sale
Sbi Mutual Fund
Acquisition
2023-03-15 35,779,141 75,181,437 SAST 29(1) Scheme Of Amalgamation
Franklin Templeton Mutual Fund
Other
Acquisition
2023-03-14 65,664,313 78,626,249 SAST 29(1) Merger
Dsp Trustee Pvt Ltd & Others
Other
Acquisition
2023-03-10 65,184,915 65,184,915 SAST 29(1) Sch.of Arrangement
M V P Mohan Sharma
Designated Person
Pledge
2023-02-14 19,392 19,392 55.80 Insider Trading Pledge Released
M V P Mohan Sharma
Designated Person
Pledge
2023-02-08 19,392 19,392 54.10 Insider Trading Creation Of Pledge
Satish Shankar
Designated Person
Acquisition
2021-09-30 40,500 40,500 27.00 Insider Trading ESOP
View More

About Equitas Small Finance Bank Ltd

Stock PE (TTM)

16.5

Promoter Holding

0%

Book Value

53.5598

ROCE

ROE

2.44%

Equitas Small Finance Bank Limited (ESFBL) was originally incorporated as `V.A.P. Finance Private Limited` on June 21, 1993 at Madras, Tamil Nadu, as a Private Limited Company by the RoC. Bank became a deemed public limited company on March 5, 1994 and the name of our Bank was changed to V.A.P. Finance Limited and the Certificate of Incorporation was endorsed by the RoC to that effect. Bank thereafter became a Private Limited Company dated March 30, 2011 upon change of name from V.A.P. Finance Limited to V.A.P. Finance Private Limited due to conversion of the Bank from a Public Limited Company to a Private Limited Company. A fresh Certificate of Incorporation dated August 12, 2011 was granted by the RoC upon change of name from V.A.P. Finance Private Limited to Equitas Finance Private Limited. A fresh Certificate of Incorporation was issued by the RoC on September 29, 2015 upon change of name from Equitas Finance Private Limited to Equitas Finance Limited. Promoter, EHL was granted the RBI In-Principle Approval and RBI Final Approval on October 7, 2015 and June 30, 2016, respectively, to establish an SFB. Subsequently, Bank was converted in to an SFB and Iit commenced operations on September 5, 2016 as an SFB. A fresh Certificate of Incorporation dated September 2, 2016 was granted by the RoC upon change of name of the Bank to Equitas Small Finance Bank Limited. In 2007, Equitas started as an NBFC MFI. Equitas Small Finance Bank Limited is one of the largest small finance banks in India. The Bank is engaged in retail banking business with focus on microfinance, commercial vehicle finance, home finance, loan against-property, corporate finance, and providing financing solutions for individuals and micro and small enterprises (MSEs) that are underserved by formal financing channels while providing a comprehensive banking and digital platform for all. The Bank`s asset products are suited to a range of customers with varying profiles, which include provision of Small Business Loans (SBLs) comprising loan against property, housing loans, and agriculture loans to micro entrepreneurs, microfinance to joint liability groups predominantly comprising women, used and new commercial vehicle loans to drivers and micro entrepreneurs, MSE loans to proprietorship, and loans to non-banking financial companies (NBFCs). On the liability side, the Bank`s target customers comprise mass and mass-affluent individuals to whom it offers current accounts, salary accounts, savings accounts, and a variety of deposit accounts. In addition, the Bank provides noncredit offerings comprising ATM-cum-debit cards, third party insurance, mutual fund products, and issuance of FASTag. Pursuant to a Scheme of Amalgamation approved by the Hon`ble High Court of Judicature at Madras, and upon fulfillment of all conditions specified under the said Scheme, Equitas Micro Finance Limited and Equitas Housing Finance Limited amalgamated with the Company, and the Company was renamed Equitas Small Finance Bank Limited (ESFBL). Consequent to the above amalgamation the microfinance and housing finance businesses of the erstwhile EMFL and EHFL were transferred to the Company effective September 2, 2016. ESFBL commenced its banking operations after the receipt of final banking license from the Reserve Bank of India on September 5, 2016. The Bank is engaged in retail banking business with focus on micro-finance, commercial vehicle finance, home finance, loan against-property finance,corporate finance, and providing financing solutions for individuals and micro and small enterprises (MSEs) that are underserved by formal financing channels while providing a comprehensive banking and digital platform for all. Banking Outlet comprises branches primarily focusing on garnering and servicing depositors and outlets that conducts lending operations for underbanked and unbanked. The Bank deployed 322 ATMs and cash recyclers at their banking outlets to save valuable time making the same as a pleasant experience. At present, the Bank operates from more than 853 locations across 15 States/Union Territories (including National Capital Territory) of the country. The Board of Directors of ESFBL and EHL in their respective Meetings held on January 31, 2019 and February 1, 2019 approved a Scheme of Arrangement between EHL, ESFBL and the respective shareholders contemplating issue and allotment by ESFBL of 89,20,62,982 fully paid-up equity shares for no cash consideration to the shareholders of EHL as of the Record Date set out in the Scheme and consequent reduction by ESFBL of Securities Premium Account, the revenue and other reserves and the surplus in Profit and Loss Account by an amount equal to the face value of the shares of ESFBL issued under the Scheme. The Bank in its Meeting held on December 6, 2019 approved issue of 4,74,58,239 Equity Shares of Rs 10 each at a price of Rs 52.68 per equity share (including a premium of Rs 42.68 per equity share) aggregating to Rs 250 crores, by private placement to IIFL AIF through its various funds for a stake of 4.51% in post-issue paid-up share capital of Bank. In the Board Meeting of the Bank held on 23 March 2020, following approvals were accorded, to make loans upto Rs 18000 Crore in ordinary course of business for Financial Year 2020-21; that subject to approval of shareholders, to borrow money upto an aggregate sum of Rs 27000 crore outstanding at any point of time and issue Certificate of Deposits (CoDs) in more than one tranches upto an amount not exceeding Rs 3,000 Crore. During the second half of 2020, the Bank raised Rs. 28,000 lakh through an Initial Public Offer (IPO) and got the equity shares listed on the BSE Limited and National Stock Exchange of India Limited effective on November 2, 2020. In 2022-23, the Board of Directors of the Company and Equitas Holdings Limited (EHL) at their respective Meetings held on July 26, 2022 approved a Scheme of Amalgamation between EHL, Company and their respective shareholders, contemplating amalgamation of EHL with the Company, which was designed to achieve the RBI licensing requirement of dilution of Promoter Shareholding in the Bank and Minimum Public Shareholding (MPS) requirements prescribed by SEBI Regulations. Subsequently, ESFBL achieved the MPS through a Qualified Institutions Placement (QIP) of its shares, in February 2022, after obtaining the necessary approvals which comprised issue of 10,26,31,087 equity shares of Rs. 10/ each at premium of Rs. 43.59 per share, aggregating to a fund raise of Rs. 550 crore utilised 100% for augmenting Tier 1 capital of the Bank during the year. As a result of this QIP, the Public Shareholding in the Bank increased from 18.70% to 25.37%, thereby complying with Minimum Public Shareholding (MPS) requirements prescribed by the SEBI Regulations. As a result, the Scheme was made effective from February 02, 2023. Pursuant to the effect of the scheme, 78,95,35,166 fully paid equity shares of Rs 10/- each were allotted to the eligible Equity shareholders of EHL on February 03,2023 as per the share exchange ratio envisaged in the approved scheme i.e.,231 equity shares of Rs 10 each of the Company in respect of every 100 equity shares of Rs 10 each fully paid up held by them in EHL as consideration for transfer and vesting of undertaking of EHL in the Company in terms of the Scheme. In 2023-24, the Company opened 33 new branches to increase reach and accessibility, driving growth in the small business loans segment. It opened new branches in Bengaluru and Delhi. The Bank established Pan India Operations through 964 Banking Outlets and 365 ATMs In 18 States And Union Territories. The Bank introduced a new car loan. Total mutual fund AUM surpassed Rs 500 Crores, marking a strong 32% year-on-year growth in FY25. Company added 20 new branches improving customer access. Credit card & personal loans launched in FY 2025. It scaled up key secured lending products such as Small Business Loans, Vehicle Finance, and Housing Loans. The Bank launched FCNR Deposits and Inward Remittances in 2026. Between March 2019 and March 2025, the Bank branch network more than doubled to approx. 7641 branches. Advances stood at Rs 18559 crore. Used commercial vehicles advances grew by 25% to Rs 5,899 crore in 2026.

Equitas Small Finance Bank share price as on 21 Sep 2026 is Rs. 74.09. Over the past 6 months, the Equitas Small Finance Bank share price has increased by 32.66% and in the last one year, it has increased by 32.68%. The 52-week low for Equitas Small Finance Bank share price was Rs. 51.25 and 52-week high was Rs. 83.9.

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Registered Office  

4th Floor Spencer Plaza Pha-II, No 769 Anna Salai (Mount Road), Chennai, Tamil Nadu, 600002

Tel No. 91-44-42995000

Email cs:equitasbank.com

Web http://www.equitasbank.com

Registrars  

KFin Techologies Ltd

Tel No. 91-40-67162222

Email einward.ris:karvy.com

Web www.kfintech.com

Management  

Managing Director & CEO

ED - Technology & Operations / WTD

Independent Non Exe. Director

Independent Non Exe. Director

Company Sec. & Compli. Officer

Independent Non Exe. Director

Independent Non Exe. Director

Independent Non Executive Part Time Chairman

Independent Non Exe. Director

Independent Non Exe. Director

Independent Non Exe. Director

Independent Non Exe. Director

Listing Info  

543243

EQUITASBNK

INE063P01018

Sep

Equitas Small Finance Bank Ltd FAQs

You can buy Equitas Small Finance Bank Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Equitas Small Finance Bank Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 18, 2026 03:59 PM the closing price of Equitas Small Finance Bank Ltd was Rs.74.09.

The latest PE ratio of Equitas Small Finance Bank Ltd as of Sep 18, 2026 03:59 PM is 16.50

The latest PB ratio of Equitas Small Finance Bank Ltd as of Sep 18, 2026 03:59 PM is 1.38

The 52-week high of Equitas Small Finance Bank Ltd share price is Rs. 83.90 while the 52-week low is Rs. 51.25

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Sep 18, 2026 03:59 PM, the market cap of Equitas Small Finance Bank Ltd stood at Rs. 8,473.84 Cr.

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