Equitas Small Finance Bank Ltd (EQUITASBNK) — shareholding pattern, promoter holding, financials and share price
About Equitas Small Finance Bank Ltd (EQUITASBNK)
Equitas Small Finance Bank Ltd operates in the Other Bank industry, within the Financial Services sector. It trades on the NSE as EQUITASBNK and on the BSE under scrip code 543243. Its ISIN is INE063P01018.
Equitas Small Finance Bank Ltd before acquiring small bank license, operated as a wholly-owned subsidiary of Equitas Holding Ltd. The holding entity started its operations in 2007 in the microfinance segment & diversified into vehicle & housing finance in 2011. Also entered into SME & LAP in 2013. It merged with the other two subsidiaries named Equitas Microfinance Ltd & Equitas Housing Finance Ltd & formed a bank. After receiving a license in Sept 2016 the company commenced operations under Equitas small finance Bank. [1] [2]
Equitas Small Finance Bank Limited is a leading small finance bank in India primarily engaged in providing retail banking services with a focus on microfinance, vehicle finance, home finance, and small business loans.
In Q3FY26, the bank reported significant growth in disbursements, marking its highest-ever quarterly figure of Rs. 6,557 crore, indicating strong demand and lending traction across various verticals.
Listed peers in Other Bank: Ujjivan Small Finance Bank Ltd, Jana Small Finance Bank Ltd, Utkarsh Small Finance Bank Ltd, Suryoday Small Finance Bank Ltd, ESAF Small Finance Bank Ltd, Capital Small Finance Bank Ltd.
Valuation & Returns
10 Jul 2026At ₹82.21 a share on 10 Jul 2026, Equitas Small Finance Bank Ltd (EQUITASBNK) was valued at a price-to-earnings ratio of 91.21x against an industry P/E of 13.51x and a price-to-book of 1.55x on a book value of ₹53.09 per share as of Mar 2025. Solomo computes return on equity of 1.7% and return on capital employed of 5.83% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 91.21x
- Industry P/E
- 13.51x
- P/B
- 1.55x
- EPS (TTM)
- ₹0.9
- Book value / share
- ₹53.09
- ROE
- 1.7%
- ROCE
- 5.83%
- ROA
- 0.2%
- Debt / equity
- 7.45x
- Dividend yield
- 1.2%
- EBITDA margin
- 51.97%
- 52-week range
- ₹50.05 – ₹82.8
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Equitas Small Finance Bank Ltd (EQUITASBNK) reported revenue of ₹6,794 crore, net profit of ₹103 crore and earnings per share of ₹0.9. That compares with revenue of ₹6,312 crore and net profit of ₹147 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,836 crore and net profit ₹213 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 3,460 | 4,162 | 5,486 | 6,312 | 6,794 |
| Net profit (₹ cr) | 281 | 574 | 799 | 147 | 103 |
| EPS (₹) | 2.24 | 5.16 | 7.04 | 1.29 | 0.9 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 34.93% | 19.00% | 22.19% | 15.04% |
| Profit growth | 6.26% | -9.60% | -19.39% | -81.59% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 0% of Equitas Small Finance Bank Ltd (EQUITASBNK) (unchanged from the previous quarter), foreign institutional investors (FII) hold 15.7% and domestic institutional investors (DII) hold 51.26%. Market capitalisation was ₹9,403 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2020.
Largest disclosed public shareholders in Jun 2026: HDFC MUTUAL FUND 8.76%, MIRAE ASSET MUTUAL FUND 7.61%, FRANKLIN INDIA MUTUAL FUND 6.26%, SBI MUTUAL FUND 5.32%, NIPPON LIFE INDIA MUTUAL FUND 4.27%, ASHISH DAWAN 4.1%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 0% | - | 15.7% | 51.26% | 100% |
| Mar 2026 | 0% | - | 14.74% | 50.88% | 100% |
| Dec 2025 | 0% | - | 14.63% | 49.96% | 100% |
| Sep 2025 | 0% | - | 15.67% | 48.2% | 100% |
| Jun 2025 | 0% | - | 16.3% | 47.13% | 100% |
| Mar 2025 | 0% | - | 16.47% | 42.7% | 100% |
| Dec 2024 | 0% | - | 15.42% | 42.62% | 100% |
| Sep 2024 | 0% | - | 16.91% | 43.67% | 100% |