CAPITALSFB

Capital Small Finance Bank share price & financials

India's first small finance bank; serves middle-income households, farmers, MSMEs via branches in North India.

Price: ₹303.95
Market cap: ₹1.3k Cr
Sector: Financial Services
Calls analysed: 7

Latest concall · Q1 FY27 · call held 24 Jul 2026

Capital Small Finance Bank Limited Q1 FY27

PAT ₹41 cr +28%NIM 4.21% +4%GNPA 2.47% −10%

What went well

Gross advances increased to ₹9,074 crores, registering 22% year-on-year growth, led by MSME and other business loans.
Net Interest Margin (NIM) improved to 4.21% from 4.06% in the previous quarter and year ago, driven by deposit repricing and CD ratio acceleration.
Profit After Tax (PAT) increased by 29% year-on-year to ₹41 crores, with Return on Assets (ROA) at 1.3% compared to 1.18% in Q1 FY26.

What to watch

A slight increase in SMA-2 accounts to 3.11% from 2.71% was noted, though management stated it's being actively managed.
Historically flat deposit growth in Q2 and Q4 due to seasonality in agri-heavy states, which requires active management to match loan book growth.

Read the full call →

What Capital Small Finance Bank Limited does

Capital Small Finance Bank began in 2000 as Capital Local Area Bank in Jalandhar, Kapurthala and Hoshiarpur, and converted into India's first small finance bank in April 2016. It is a branch-led, retail-focused lender that targets middle-income households, farmers and small businesses across contiguous districts of North India, earning through a diversified, largely secured loan book (agriculture, housing/mortgage, MSME/business, corporate and consumption loans) funded mainly by a granular, CASA-heavy retail deposit base. The bank pursues a 'phygital' model, pairing its branch network with digital banking and payment channels, and distributes third-party products such as life insurance under a bancassurance tie-up with Edelweiss Life Insurance.

Segments

Agricultural Loans
Mortgage Loans
MSME, Trading & Other Business Loans
Corporate Loans
Consumption & Other Loans

Branch network: 203 branches
States and Union Territories covered: 7 (Punjab, Haryana, Rajasthan, NCR, Himachal Pradesh, Chandigarh UT, Jammu & Kashmir UT)
Districts covered: 41
ATM network: 197 ATMs
Operating segments/loan verticals: 5 (Agriculture, Mortgage, MSME/Business, Corporate, Consumption)
Branch mix: Concentrated in rural and semi-urban geographies, with contiguous expansion strategy across North India

Founded 2000 Company website

Guidance record · Q1 FY27

what the last two calls moved 25 tracked 3 delivered 6 missed 16 open

Loan Growth delivered said Q1 FY26 Promised: 20% for FY26 Q1 FY27: Target period has passed. The promise was successfully achieved.
Net NPA missed said Q1 FY26 Promised: Below 1% by end of FY26 Q1 FY27: Target period has passed. The promise was missed, though a new medium-term target of <1% has been set.
Punjab Advances Share on track said Q3 FY25 Promised: Reduce geographical concentration in Punjab Q1 FY27: Growth outside Punjab contributed significantly, with non-Punjab geographies recording over 30% YoY growth, continuing the trend.

All 25 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 16.6%, net profit up 28.1% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
Revenue	224	235	231	247	256 +14%	272 +16%	273 +18%	288 +17%
Expenses	82	80	84	90	88	100	92	105
Other income	26	18	26	23	23	26	26	26
Interest	123	128	128	137	145	153	152	155
Depreciation	0	0	0	0	0	0	0	0
Profit before tax	44	46	45	43	46 +5%	46 +0%	54 +20%	55 +28%
Tax rate	25%	25%	24%	25%	25%	25%	26%	25%
Net profit	33	34	34	32	35 +6%	34 +0%	40 +18%	41 +28%
EPS	7.40	7.53	7.57	7.07	7.70	7.58	8.82	9.08

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −7.7% 1Y

1Y: ₹293.85 on 10 Sept 2025 → ₹271.35. High ₹305.25 (20 Jul 2026), low ₹218.9 (30 Mar 2026).

How the price took the results

close before → close after

Q1 FY27: −2.5%; 24 Jul
Q4 FY26: −0.1%; 5 May
Q3 FY26: +0.8%; 30 Jan
Q2 FY26: −0.9%; 30 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 14.9% a year over 2 years, FY24 to FY26.

Year ending	FY24	FY25	FY26
Revenue	₹794 Cr	₹908 Cr	₹1.0k Cr
Interest	₹449 Cr	₹498 Cr	₹587 Cr
Depreciation	₹0 Cr	₹0 Cr	₹0 Cr
Net profit	₹111 Cr	₹131 Cr	₹141 Cr
Net margin	14.0%	14.4%	13.5%
ROE	12.0%	10.0%	10.0%

How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year ending	FY21	FY22	FY23	FY24	FY25	FY26
Equity capital	₹34 Cr	₹34 Cr	₹34 Cr	₹45 Cr	₹45 Cr	₹45 Cr
Reserves	₹417 Cr	₹482 Cr	₹576 Cr	₹1.2k Cr	₹1.3k Cr	₹1.4k Cr
Borrowings	₹617 Cr	₹498 Cr	₹721 Cr	₹472 Cr	—	₹499 Cr
Deposits	₹5.2k Cr	₹6.0k Cr	₹6.6k Cr	₹7.5k Cr	—	₹10.0k Cr
Other liabilities	₹83 Cr	₹93 Cr	₹98 Cr	₹148 Cr	₹149 Cr	₹166 Cr
Total liabilities	₹6.4k Cr	₹7.2k Cr	₹8.0k Cr	₹9.3k Cr	₹11.4k Cr	₹12.1k Cr
Fixed assets	₹87 Cr	₹84 Cr	₹83 Cr	₹84 Cr	₹91 Cr	₹97 Cr
Capital work in progress	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Investments	₹1.2k Cr	₹1.4k Cr	₹1.5k Cr	₹1.7k Cr	₹2.0k Cr	₹2.0k Cr
Other assets	₹5.1k Cr	₹5.7k Cr	₹6.4k Cr	₹7.5k Cr	₹9.4k Cr	₹10.1k Cr
Total assets	₹6.4k Cr	₹7.2k Cr	₹8.0k Cr	₹9.3k Cr	₹11.4k Cr	₹12.1k Cr

How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

All earnings calls (6)

Read the Q1 FY27 call →

Learn to analyse Capital Small Finance Bank Limited

Guides on how to read this kind of business and the numbers that matter.