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As of 6 Nov 2026, Equitas Small Finance Bank trades at 8.9× trailing earnings, and the shares are 35% below their 52-week high. Net profit fell 44% a year over 3 years; its ROE of 11% is the second-lowest among the 7 largest Banks (Regional) peers. ROCE and debt-to-equity are not meaningful for banks and lenders; it trades at 0.95× book value. It is a small-cap company with a market cap of ₹6,257 Cr, ranked 33rd of 41 Banks (Regional) companies by market cap; the shares fell 9.4% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹54.49
Day high
₹55.95
Day low
₹53.88
Prev. close
₹54.79
Volume
1.5 Cr

Health check

1 good · 2 fair · 3 to check
  • ReturnsBehind

    −9.4% over a year, better than 1 of 7 peers.

  • Price tagCheaper

    P/B 0.95 vs peer median 1.78.

  • GrowthShrinking

    Profit −43.6% a year over 3 years.

  • ProfitabilityAverage

    ROE 11.4% vs peer median 14.7%.

  • Balance sheetFair

    Return on assets 1.14%. Bad-loan data isn’t covered.

  • Red flags1 to check

    35% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Banks - Regional

40 listed peers. Screen the industry

Small cap

₹6,257 Cr, #33 of 41 in its industry by size.

Defensive

Beta 0.55 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹4,986 Cr · profit ₹704 Cr
Market cap
₹6,257 Cr
Small cap
P/E
8.9
Industry 9.2
Price to book
0.95
Peers 1.78
Dividend yield
0.00%
ROE
11.4%
Peers 14.7%
ROCE
n/m
Not meaningful for lenders
Debt to equity
n/m
Not meaningful for lenders
EPS (TTM)
₹6.15
Face value ₹10
OPM (TTM)
30.5%
Net margin 14.1%
Sales growth
n/m
Not meaningful for lenders
Profit growth
+804.8%
Latest quarter vs a year ago
Price to sales
1.25

Strengths and risks

Strengths

  • Quarterly profit up 804.8% on a year ago.

Risks to check

  • 35% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Equitas Small Finance Bank

Equitas Small Finance Bank Limited provides various banking products and services to individuals and corporates, and micro, small, and medium enterprises in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It provides fixed and term deposit products, and savings and current accounts, as well as trust, association, society, and club accounts. The company also offers various…

Headquarters
Chennai
Employees
28,058
Sector
Financial Services
ISIN
INE063P01018
Website
equitas.bank.in

Price range

52 weeks

₹47.32₹83.90

Today

₹53.88₹55.95
Avg volume (3M)
75.8 L
1-year return
minus 9.4%
From 52-week high
minus 34.8%

Analyst consensus

19 analysts
BuyMean target ₹82.95 plus 51.7%

Target range, with today’s price

Low ₹55.00High ₹98.00

Today’s price ₹54.69 is below the lowest analyst target.

Consensus from Yahoo Finance. Not a recommendation.

Peers · Banks - Regional

Bank and NBFC columns

Compare with peersScreen the whole industry
Company
HDFCBANKHDFC Bank788.25plus 3.72%12,16,45117.22.0011.0%1.7%12.5%1.71%minus 22.9%
ICICIBANKICICI Bank1,571.20plus 4.75%11,28,25519.32.8916.5%2.1%16.8%0.80%plus 12.2%
SBINState Bank of India1,018.50plus 1.20%9,40,13810.41.4014.7%1.2%14.4%1.72%plus 5.1%
KOTAKBANKKotak Mahindra Bank480.00plus 2.78%4,77,49822.22.4511.8%2.1%8.9%0.14%plus 11.4%
AXISBANKAxis Bank1,322.90plus 3.35%4,11,98513.81.7813.9%1.6%34.6%0.08%plus 4.4%
PNBPunjab National Bank126.55plus 0.36%1,45,4436.40.9015.1%1.1%76.4%2.38%plus 2.3%
UNIONBANKUnion Bank of India187.00minus 0.53%1,42,7486.51.0016.3%1.4%31.7%2.66%plus 24.1%
EQUITASBNKEquitas Small Finance Bank54.69minus 0.18%6,2578.90.9511.3%1.1%−43.6%0.00%minus 9.4%
Median of 7 peers–2.78%4,77,49813.81.7814.7%1.6%16.8%1.71%5.1%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
1,0771,1411,2441,2851,317
8638408569311,040
−297114278244287
24.8%20.8%23.6%24.8%24.1%
−22490213184218
-1.960.791.861.601.90

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Profit CAGR 3Y
−43.6%
EPS CAGR 3Y
−42.2%
ROE
11.4%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
3,0483,7524,0664,296
–+23.1%+8.4%+5.6%
1,6172,4073,0603,403
84.5134148167
−00.30.50.7
7691,063199128
25.4%24.8%26.1%19.6%
574799147103
–+39.3%minus 81.6%minus 29.9%
4.677.011.290.90

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,1111,1351,1401,141
4,0474,8344,9334,984
2,9741,7882,1375,773
26,82637,54844,62648,713
34,95845,30452,83660,610
379605696715
41.468.2165189
6,6659,0659,28910,149
1,2443,5795,5365,666
26,62931,98737,15043,891
34,95845,30452,83660,610

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−9983,8341,937−3,316
−261−360−239−185
60.1−1,2102593,641
−8882,2641,957140
−266−364−245−193
−1,2633,4701,692−3,509
–−112−114−0

Shareholding pattern

Source: NSE filings
0.0%
promoters
  • Public100.00%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 20260.00%100.00%0.00
30 Jun 20260.00%100.00%0.00
31 Mar 20260.00%100.00%0.00
31 Dec 20250.00%100.00%0.00
30 Sep 20250.00%100.00%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you