Equitas Small Finance Bank share price & results
- Jun 2026
- Sept 2026
Chennai-based small finance bank lending to small businesses, microfinance, vehicles and housing.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,960 | +18.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 184 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | 8.38 | −0.8 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | Fiscal year | FY ending Mar 2026 | Not in the analysed materials. No older figure is substituted. | ||
| Revenue growth (YoY) | 9.98 | −7.4 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance +8.2% 1Y
1Y: ₹59.73 on 24 Oct 2025 → ₹64.64. High ₹83.07 (13 Jul 2026), low ₹51.73 (30 Mar 2026).
- Previous close
- ₹64.3
- Market cap
- ₹7.4k Cr
- 52-week range
- ₹51.73 – ₹83.07
- One year
- +8.24%
- Price to earnings (TTM to Jun 2026)
- 14.40×
- Return on equity (TTM to Jun 2026)
- 8.38%
Overview
- Symbol
- NSE:EQUITASBNK
- Sector
- Financial Services
- Exchange
- NSE
- Currency
- INR
What Equitas Small Finance Bank Limited does
Based on the company's own presentations, annual report and earnings calls.
Equitas Small Finance Bank is a Chennai-headquartered small finance bank formed in 2016 through the merger of Equitas Micro Finance, Equitas Finance and Equitas Housing Finance. It lends primarily to underbanked small-business owners, microfinance borrowers, and vehicle/housing/gold loan customers through its own banking outlets and a network of business correspondents, while funding this book through retail deposits (savings, current and term deposits) and other borrowings. Alongside lending, it distributes third-party investment, insurance and forex products and offers digital and mobile banking services to its liability customers.
Segments
- Micro Finance & Micro Loans
- Small Business Loans (SBL)
- Vehicle Finance
- Housing Finance
- MSE Finance
- NBFC lending
- Gold Loan
- Banking outlets
- 1,060
- States and Union Territories covered
- 18
- Employees
- 28,058
- ATMs
- 396 (392 onsite, 4 offsite)
- Business correspondents
- 366
- Live loan accounts across lending verticals
- ~17.6 lakh (Micro Finance, SBL, Housing Finance, Vehicle Finance, MSE, NBFC)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +182% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,555 | 1,612 | 1,644 | 1,649 | 1,617 | 1,692 | 1,836 | 1,960 |
| Expenses | 1,021 | 967 | 1,002 | 1,375 | 969 | 1,027 | 965 | 1,041 |
| Other income | 239 | 238 | 225 | 292 | 229 | 289 | 263 | 255 |
| Interest | 753 | 794 | 815 | 863 | 844 | 840 | 856 | 931 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 20 | 90 | 53 | -297 | 34 | 114 | 278 | 244 |
| Tax rate | 36.0% | 26.0% | 21.0% | −25.0% | 28.0% | 21.0% | 24.0% | 25.0% |
| Net profit | 13 | 66 | 42 | -224 | 24 | 90 | 213 | 184 |
| EPS (₹ per share) | 0.11 | 0.58 | 0.37 | -1.96 | 0.21 | 0.79 | 1.86 | 1.61 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 4,161 | 5,487 | 6,312 | 6,794 |
| Expenses | 2,445 | 2,815 | 3,964 | 4,336 |
| Other income | 670 | 797 | 911 | 1,073 |
| Interest | 1,618 | 2,407 | 3,061 | 3,403 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 769 | 1,063 | 199 | 129 |
| Net profit | 573 | 799 | 147 | 103 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 1,252 | 1,111 | 1,135 | 1,140 | 1,140 | 1,141 |
| Reserves | 2,994 | 4,047 | 4,834 | 4,933 | 4,718 | 4,984 |
| Borrowings | 2,616 | 2,974 | 1,788 | 2,137 | — | 5,773 |
| Deposits | 18,951 | 25,348 | 36,129 | 43,102 | — | 46,533 |
| Other liabilities | 1,134 | 1,478 | 1,418 | 1,524 | 2,027 | 2,180 |
| Total liabilities | 26,948 | 34,958 | 45,304 | 52,836 | 55,431 | 60,610 |
| Fixed assets | 189 | 338 | 537 | 531 | 709 | 527 |
| Capital work in progress | 11 | 41 | 68 | 165 | 0 | 189 |
| Investments | 4,450 | 6,665 | 9,065 | 9,289 | 10,598 | 10,149 |
| Other assets | 22,297 | 27,914 | 35,634 | 42,851 | 44,124 | 49,746 |
| Total assets | 26,948 | 34,958 | 45,304 | 52,836 | 55,431 | 60,610 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Return on equity | 13.0% | 7.0% | 12.0% | 14.0% | 2.0% | 2.0% |
| Dividend payout | 0.0% | 0.0% | 19.0% | 14.0% | 78.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Retail Banking contributes 86.7% of reported segment revenue.
Quarter ended 30 Jun 2026 · Standalone
- Retail Banking 86.7%
₹1,920.10 crore
- Treasury 10.7%
₹237.05 crore
- Wholesale Banking 1.6%
₹35.55 crore
- Other Banking operations 1.0%
₹22.80 crore
- Unallocated 0.0%
₹0.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Retail Banking | 1,920.10 | 86.7% |
| Treasury | 237.05 | 10.7% |
| Wholesale Banking | 35.55 | 1.6% |
| Other Banking operations | 22.80 | 1.0% |
| Unallocated | 0.00 | 0.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹2,215.50 crore
- Intersegment adjustment
- ₹0.00 crore
- Net segment revenue
- ₹2,215.50 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
Ownership
Who owns it
Domestic institutions hold 52.25% as of Sept 2026; institutions added 1.10 pts since Jun 2026.
- Promoters 0.00%
- Foreign institutions 15.80%
- Domestic institutions 52.25%
- Public 31.95%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Mutual fund newly disclosed 9.40% held
- Mutual fund newly disclosed 8.77% held
- Mutual fund newly disclosed 6.26% held
- Mutual fund newly disclosed 4.99% held
- newly disclosed 4.27% held
- Mutual fund newly disclosed 2.34% held
- newly disclosed 2.06% held
- Mutual fund newly disclosed 1.86% held
The same filing shows 0 holders trimming and 10 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Equitas Small Finance Bank Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| Mutual fund | 9.40% | newly disclosed |
| Mutual fund | 8.77% | newly disclosed |
| Mutual fund | 6.26% | newly disclosed |
| Mutual fund | 4.99% | newly disclosed |
| 4.27% | newly disclosed | |
| 4.10% | unchanged | |
| FPI fund | 3.21% | unchanged |
| NBFC / DFI | 2.84% | unchanged |
| Mutual fund | 2.34% | newly disclosed |
| 2.06% | newly disclosed | |
| FPI fund | 2.02% | unchanged |
| FPI fund | 1.98% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in EQUITASBNK
Filings to Sep 2026
0 new, 1 added, 0 trimmed, 0 sold out — net +2.00 L shares (+0.1%).
- Held by funds
- ₹1.4k Cr
- 13 schemes
- Biggest holder
- HDFC Small Cap Fund
- ₹470 Cr · 1.1% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| HDFC Small Cap Fund HDFC Mutual Fund | ₹470 Cr | held | Dec '22 |
| SBI Contra Fund SBI Mutual Fund | ₹228 Cr | held | Feb '23 |
| Nippon India Banking & Financial Services Fund Nippon India Mutual Fund | ₹149 Cr | held | Aug '21 |
| SBI ELSS Tax Saver Fund SBI Mutual Fund | ₹145 Cr | held | Feb '22 |
| Nippon India Small Cap Fund Nippon India Mutual Fund | ₹95 Cr | held | Feb '23 |
| HDFC Banking & Financial Services Fund HDFC Mutual Fund | ₹72 Cr | held | Dec '22 |
| HDFC Value Fund HDFC Mutual Fund | ₹70 Cr | +2.00 L | Nov '25 |
| Nippon India Value Fund Nippon India Mutual Fund | ₹68 Cr | held | Feb '22 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Sep 2026
1 added, 0 trimmed — net +2.00 L shares (+0.1%)
- Funds are sitting on
- -5%
- vs est. average cost
- Held by funds
- ₹1.4k Cr
- 13 schemes · ≈ 18% of the company
- Biggest holder
- HDFC Small Cap Fund
- ₹470 Cr · 1.1% of that fund
- Longest holder
- Nippon India Banking & Financial Services Fund
- 5y 2m · since Aug '21
Shares held by these funds +38%
Oct '23 20.52 cr shares Sep '26
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