Equitas Sma. Fin

Market Cap: Mid Cap
Industry: Bank - Private
ISIN: INE063P01018
NSEID: EQUITASBNK
BSEID: 543243

INR

57.55

0.73 (1.28%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 18.21 lacs

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Annual Results

Results Snapshot

Figures in Rs cr

Standalone Annual Results

Mar'24

Mar'23

Mar'22

Mar'21

Mar'20

Mar'19

Interest Earned

5,486.40

4,161.88

3,459.67

3,194.41

2,645.44

2,111.93

Income On Investments

539.75

315.61

246.14

219.38

157.65

257.96

Interest On Balances With Rbi Other Inter Bank Funds

25.69

81.54

74.40

74.20

67.79

30.32

Interest / Discount On Advances / Bills

4,920.96

3,764.72

3,139.12

2,900.83

2,420.01

1,823.66

Others

0.00

Other Income

798.67

669.59

537.56

418.05

282.35

282.90

Total Income

6,285.07

4,831.46

3,997.23

3,612.47

2,927.80

2,394.83

Interest Expended

2,406.64

1,617.15

1,421.13

1,396.45

1,150.14

960.20

Net Interest Income

3,079.76

2,544.73

2,038.54

1,797.96

1,495.30

1,151.73

Total Expenditure (Excl Depreciation)

2,501.07

2,038.30

1,704.15

1,329.43

1,180.08

1,008.49

Employee Cost

1,368.83

1,096.68

898.21

791.45

709.79

551.31

Other Operating Expenses

1,132.24

941.62

805.94

537.98

470.29

457.18

Operating Profit Before Provisions and Contingencies

1,377.36

1,176.01

871.95

886.59

597.58

426.14

Exceptional Items

0.00

Provisions and contingencies

314.24

407.20

493.84

375.32

246.64

102.41

Profit Before Tax

1,063.12

768.80

378.11

511.27

350.94

323.74

Tax

264.16

195.21

97.38

127.04

107.30

113.17

Profit After Tax

798.96

573.59

280.73

384.22

243.64

210.57

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

798.96

573.59

280.73

384.22

243.64

210.57

Face Value

10.0

Reserves

4,833.81

4,047.39

2,994.14

2,257.06

1,690.75

1,248.38

Earnings per share (EPS)

7.04

5.16

2.24

3.37

2.31

2.09

Diluted Earnings per share

7.01

4.67

2.4

3.49

2.39

2.09

Operating Profit Margin (Excl OI)

48.69%

41.24%

36.47%

46.63%

46.07%

51.74%

Gross Profit Margin

19.38%

18.47%

10.93%

16.01%

13.27%

19.67%

PAT Margin

14.56%

13.78%

8.11%

12.03%

9.21%

9.97%

Net Interest Margin

8.36%

9.0%

8.54%

8.44%

9.11%

8.55%

Return on Assets

0.0%

1.7%

1.38%

1.45%

CASA (%)

32.0%

42.28%

52.01%

0.0%

CASA Amount

11,552.00

10,704.00

9,855.00

5,614.00

2,209.00

0.00

Capital Adequacy Ratio (Total)

0.0%

22.44%

Capital Adequacy Ratio (Tier 1)

0.0%

Provision Coverage Ratio (%)

56.06%

56.9%

42.73%

58.59%

45.22%

43.38%

Amount of Gross NPAs

821.28

723.96

837.18

642.78

417.32

295.71

Amount of Net NPAs

360.90

312.02

479.48

266.17

228.61

186.41

% of Net NPAs

1.17%

1.21%

2.47%

1.52%

1.5%

1.44%

% of Gross NPAs

2.61%

2.76%

4.24%

3.59%

2.72%

2.53%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Pledged Capital (%)

0.0%

Number of ATMs

365.0

349.0

339.0

332.0

0.0

Number of Branches

964.0

922.0

869.0

861.0

0.0

Annual Analysis Highlights

Interest Earned

YoY Growth in year ended Mar 2024 is 31.83% vs 20.3% in Mar 2023

Net Profit

YoY Growth in year ended Mar 2024 is 39.29% vs 104.32% in Mar 2023

Operating Profit (PBDIT)

YoY Growth in year ended Mar 2024 is 17.12% vs 34.87% in Mar 2023

% of Net NPAs

YoY Growth in year ended Mar 2024 is -0.04% vs -1.26% in Mar 2023

% of Gross NPAs

YoY Growth in year ended Mar 2024 is -0.15% vs -1.48% in Mar 2023

Compare Annual Results Of Equitas Sma. Fin With

Select Peers

Figures in Rs cr

Standalone Annual Results

Change(INR)

Change(%)

Interest Earned

5,486.40

27,585.94

-22,099.54

-80.11%

Income On Investments

539.75

4,958.26

-4,418.51

-89.11%

Interest On Balances With Rbi Other Inter Bank Funds

25.69

458.40

-432.71

-94.4%

Interest / Discount On Advances / Bills

4,920.96

21,087.49

-16,166.53

-76.66%

Others

0.00

1,081.79

-1,081.79

-100.0%

Other Income

798.67

5,114.30

-4,315.63

-84.38%

Total Income

6,285.07

32,700.24

-26,415.17

-80.78%

Interest Expended

2,406.64

19,491.32

-17,084.68

-87.65%

Net Interest Income

3,079.76

8,094.62

-5,014.86

-61.95%

Total Expenditure (Excl Depreciation)

2,501.07

9,822.66

-7,321.59

-74.54%

Employee Cost

1,368.83

3,774.28

-2,405.45

-63.73%

Other Operating Expenses

1,132.24

6,048.38

-4,916.14

-81.28%

Operating Profit Before Provisions and Contingencies

1,377.36

3,386.26

-2,008.90

-59.33%

Exceptional Items

0.00

Provisions and contingencies

314.24

1,886.28

-1,572.04

-83.34%

Profit Before Tax

1,063.12

1,499.98

-436.86

-29.12%

Tax

264.16

248.90

15.26

6.13%

Profit After Tax

798.96

1,251.08

-452.12

-36.14%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

798.96

1,251.08

-452.12

-36.14%

Face Value

10.00

2.00

0.00

Reserves

4,833.81

35,443.42

-30,609.61

-86.36%

Earnings per share (EPS)

7.04

0.43

6.61

1537.21%

Diluted Earnings per share

7.01

0.43

6.58

1530.23%

Operating Profit Margin (Excl OI)

48.69%

57.55%

0.00

-8.86%

Gross Profit Margin

19.38%

5.44%

0.00

13.94%

PAT Margin

14.56%

4.54%

0.00

10.02%

Net Interest Margin

8.36%

2.40%

5.96

5.96%

Return on Assets

0.00%

0.00

0.00%

CASA (%)

32.00%

30.90%

1.10

1.10%

CASA Amount

11,552.00

82,317.00

-70,765.00

-85.97%

Capital Adequacy Ratio (Total)

0.00%

15.40%

-15.40

-15.40%

Capital Adequacy Ratio (Tier 1)

0.00%

12.20%

-12.20

-12.20%

Provision Coverage Ratio (%)

56.06%

79.30%

-23.24

-23.24%

Amount of Gross NPAs

821.28

3,982.56

-3,161.28

-79.38%

Amount of Net NPAs

360.90

1,329.73

-968.83

-72.86%

% of Net NPAs

1.17%

0.60%

0.57

0.57%

% of Gross NPAs

2.61%

1.70%

0.91

0.91%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Pledged Capital (%)

0.00%

0.00

0.00%

Number of ATMs

365.00

1,290.00

-925.00

-71.71%

Number of Branches

964.00

1,234.00

-270.00

-21.88%

Annual - Interest Earned

Interest Earned 5486.4 Cr

in Mar 2024

Figures in Rs Cr

YoY Growth in year ended Mar 2024 is 31.83% vs 20.3% in Mar 2023

Annual - Net Profit

Net Profit 798.96 Cr

in Mar 2024

Figures in Rs Cr

YoY Growth in year ended Mar 2024 is 39.29% vs 104.32% in Mar 2023

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 1,377.36 Cr

in Mar 2024

Figures in Rs Cr

YoY Growth in year ended Mar 2024 is 17.12% vs 34.87% in Mar 2023

Annual - % of Net NPAs

% of Net NPAs 1.17%

in Mar 2024

Figures in Rs %

YoY Growth in year ended Mar 2024 is -0.04% vs -1.26% in Mar 2023

Annual - % of Gross NPAs

% of Gross NPAs 2.61%

in Mar 2024

Figures in Rs %

YoY Growth in year ended Mar 2024 is -0.15% vs -1.48% in Mar 2023