Equitas Small Finance Bank (EQUITASBNK.NS) Stock Price

Equitas Small Finance Bank Price

NSE·CLOSED
72.81
-0.34 (-0.47 %)
Market closed

Over the last 9 years Equitas Small Finance Bank grew revenue by 32.8% annually, reaching 41.63 B INR. Earnings per share have grown at 6.2% per year over the last 9 years. For Equitas Small Finance Bank, the net margin of 3.5% is down versus 17.4% a few years ago. At today's price the dividend yield works out to roughly 1.37%. The payout ratio is around 18% of earnings. The consensus 12-month price target for Equitas Small Finance Bank is 81.60 INR, about 12.1% above where the stock trades today. Of 24 analysts, 17 rate the stock a buy — an overall Buy consensus. The stock trades about 41% above its 52-week low.

Equitas Small Finance Bank stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Equitas Small Finance Bank over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Equitas Small Finance Bank stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Equitas Small Finance Bank's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Equitas Small Finance Bank Stock Price History
DateEquitas Small Finance Bank Price
9/15/202672.81 INR
9/11/202673.15 INR
9/10/202672.21 INR
9/9/202672.70 INR
9/8/202672.54 INR
9/7/202672.99 INR
9/4/202672.95 INR
9/3/202673.04 INR
9/2/202673.73 INR
9/1/202673.42 INR
8/31/202673.97 INR
8/28/202673.90 INR
8/27/202674.17 INR
8/26/202675.23 INR
8/25/202675.06 INR
8/24/202675.00 INR
8/21/202676.60 INR
8/20/202676.99 INR
8/19/202674.51 INR
8/18/202676.12 INR
8/17/202674.92 INR
8/14/202674.52 INR
8/13/202675.95 INR
8/12/202674.25 INR
8/10/202675.49 INR
8/7/202675.22 INR
8/6/202676.09 INR
8/5/202675.76 INR
8/4/202675.92 INR
7/31/202675.21 INR
Access this data via the Eulerpool API

Equitas Small Finance Bank Revenue, Pre-Provision Profit, Net Income

  • 3 Years

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  • 25 Years

  • Max

Revenue
Pre-Provision Profit
Net Income
Details
Date
Revenue
Pre-Provision Profit
Net Income
Jan 1, 2022
25.76 B INR
2.81 B INR
2.81 B INR
Jan 1, 2023
32.14 B INR
11.96 B INR
5.74 B INR
Jan 1, 2024
38.78 B INR
13.77 B INR
7.99 B INR
Jan 1, 2025
41.63 B INR
11.09 B INR
1.47 B INR
Jan 1, 2026 (e)
44.16 B INR
0.00 INR
295.27 M INR
Jan 1, 2027 (e)
54.14 B INR
0.00 INR
7.82 B INR
Jan 1, 2028 (e)
63.99 B INR
0.00 INR
10.24 B INR
Jan 1, 2029 (e)
76.14 B INR
0.00 INR
12.87 B INR

Equitas Small Finance Bank Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 15, 2026, 6:32 PM
 
REVENUEB INR
REVENUE GROWTH%
Net Interest IncomeB INR
Non-Interest IncomeB INR
Loan Loss ProvisionsB INR
Pre-Provision Profit (PPOP)B INR
NET INCOMEB INR
NET INCOME GROWTH%
DIV.INR
SHARESB
20162017201820192020202120222023202420252026e2027e2028e2029e
4.7912.1417.8424.0429.2836.0739.9748.3162.8572.2344.1654.1463.9976.14
153.3246.9034.7321.8123.1910.8320.8730.0914.93-38.8622.5918.2018.97
2.535.348.6111.5214.9517.9820.3925.4530.8032.52
0.712.332.412.832.824.125.386.707.999.11
4.273.149.10
0.851.040.322.112.445.112.8111.9613.7711.09
0.851.040.322.112.443.842.815.747.991.470.307.8210.2412.87
22.33-69.45562.2615.6757.72-26.94104.3139.30-81.60-79.932,549.1531.0725.64
1.001.001.001.001.001.00
1.141.141.141.141.141.101.171.231.141.141.141.141.141.14
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Equitas Small Finance Bank generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Equitas Small Finance Bank retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Equitas Small Finance Bank's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Equitas Small Finance Bank has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Equitas Small Finance Bank's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Equitas Small Finance Bank stock margins

The Equitas Small Finance Bank margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Equitas Small Finance Bank. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Equitas Small Finance Bank.
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  • Max

Cost-Income Ratio
Profit margin
Details
Date
Cost-Income Ratio
Profit margin
Jan 1, 2021
76.87 %
17.38 %
Jan 1, 2022
89.10 %
10.90 %
Jan 1, 2023
62.80 %
17.84 %
Jan 1, 2024
64.51 %
20.60 %
Jan 1, 2025
73.37 %
3.53 %
Jan 1, 2026 (e)
0.00 %
0.67 %
Jan 1, 2027 (e)
0.00 %
14.43 %
Jan 1, 2028 (e)
0.00 %
16.01 %

Equitas Small Finance Bank Revenue per Share, Earnings per Share

The Equitas Small Finance Bank earnings per share therefore indicates how much revenue Equitas Small Finance Bank has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
Earnings per Share
Details
Date
Revenue per Share
Earnings per Share
Jan 1, 2021
20.08 INR
3.49 INR
Jan 1, 2022
22.00 INR
2.40 INR
Jan 1, 2023
26.15 INR
4.67 INR
Jan 1, 2024
34.00 INR
7.01 INR
Jan 1, 2025
36.41 INR
1.29 INR
Jan 1, 2026 (e)
38.70 INR
0.26 INR
Jan 1, 2027 (e)
47.45 INR
6.85 INR
Jan 1, 2028 (e)
56.08 INR
8.98 INR

Equitas Small Finance Bank business model & stock analysis

Equitas Small Finance Bank Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Equitas Small Finance Bank historical P/E ratio, EBIT multiple, and P/S ratio

Equitas Small Finance Bank annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down Equitas Small Finance Bank's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in Equitas Small Finance Bank's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare Equitas Small Finance Bank's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Equitas Small Finance Bank shares outstanding

The number of shares of Equitas Small Finance Bank was 1.14 B in 2025. This indicates how many shares Equitas Small Finance Bank is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
1.10 B Stocks
Jan 1, 2022
1.17 B Stocks
Jan 1, 2023
1.23 B Stocks
Jan 1, 2024
1.14 B Stocks
Jan 1, 2025
1.14 B Stocks
Jan 1, 2026 (e)
1.14 B Stocks
Jan 1, 2027 (e)
1.14 B Stocks
Jan 1, 2028 (e)
1.14 B Stocks

Equitas Small Finance Bank Dividend History

3 years of dividend payments

YearAnnual DividendYoY ChangePayments
20251.00INR 0.0%
20241.00INR 0.0%
20231.00INR

Equitas Small Finance Bank dividend history and estimates

In 2025, Equitas Small Finance Bank paid a dividend amounting to 1.00 INR. Dividend means that Equitas Small Finance Bank distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2023 (e)
0.00 INR
1.00 INR
Jan 1, 2024
1.00 INR
0.00 INR
Jan 1, 2025
1.00 INR
0.00 INR
Jan 1, 2026 (e)
0.00 INR
1.00 INR
Jan 1, 2027 (e)
0.00 INR
1.00 INR
Jan 1, 2028 (e)
0.00 INR
1.00 INR

Equitas Small Finance Bank dividend payout ratio

In 2025, Equitas Small Finance Bank had a payout ratio of 17.85%. The payout ratio indicates the percentage of the company's profits that Equitas Small Finance Bank distributes as dividends.
  • 3 Years

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  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
17.85 %
Jan 1, 2022
17.85 %
Jan 1, 2023
21.43 %
Jan 1, 2024
14.28 %
Jan 1, 2025
17.85 %
Jan 1, 2026 (e)
386.44 %
Jan 1, 2027 (e)
14.60 %
Jan 1, 2028 (e)
11.14 %

Current Equitas Small Finance Bank forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
14.29 %
Buy
70.83 % (17)
Hold
16.67 % (4)
Sell
12.50 % (3)
12M Price Target
81.60
Last Price
72.81
Currency
INR
12M Return Potential
12.07 %
LTM Return
29.44 %

EESG©

Eulerpool ESG Scorecard© for the Equitas Small Finance Bank stock

49/100
19
Environment
71
Social
56
Governance
E

Environment

Scope 1 - Direct Emissions133.09
Scope 2 - Indirect emissions from purchased energy435.18
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions568.27
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

Percentage of female employees13
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Equitas Small Finance Bank shareholder structure

% Name
8.79526%
HDFC Asset Management Co., Ltd.
HDFC Asset Management Co., Ltd.
6.27887%
Franklin Templeton Asset Management (India) Pvt. Ltd.
Franklin Templeton Asset Management (India) Pvt. Ltd.
6.19517%
SBI Funds Management Pvt. Ltd.
SBI Funds Management Pvt. Ltd.
4.58820%
Mirae Asset Global Investments (India) Pvt. Ltd.
Mirae Asset Global Investments (India) Pvt. Ltd.
4.15038%
Nippon Life India Asset Management Limited
Nippon Life India Asset Management Limited
3.85350%
Dhawan (Ashish)
Dhawan (Ashish)

Equitas Small Finance Bank Beneficial Ownership Filings (SEC 13D/G)

Free Float
90.5%
Float Shares
1.03 B
Shares Outstanding
1.14 B

Equitas Small Finance Bank Executives and Management Board

13 members · avg. age 62 · 8 % women

VN

Mr. Vasudevan Narasimhan (62)

Chief Executive Officer, Managing Director, Executive Director · since 2016

30.88 M INR

Management

SN

Mr. Sridharan N

Chief Financial Officer

3.16 M INR
RN

Mr. Ramanathan N

Compliance Officer, Company Secretary

Board of Directors

AS

Mr. Asuri Ramesh Sholinghur (68)

Non-Executive Independent Director

4.18 M INR
NP

Mr. Navin Puri (65)

Non-Executive Independent Director

3.45 M INR
PB

Prof. Samir Barua (72)

Non-Executive Independent Director

3.33 M INR
AS

Mr. Anil Sharma

Part-Time Non-Executive Independent Chairman of the Board

3.24 M INR
GR

Dr. Gulshan Rai

Additional Non-Executive Independent Director

2.76 M INR
KS

Mr. Keezhayur Sampath (64)

Additional Non-Executive Independent Director

2.70 M INR

Frequently asked questions about Equitas Small Finance Bank

Analysts currently set an average price target of 78.27 INR for the Equitas Small Finance Bank stock (median: 81.60 INR), implying +7.5 % versus the latest price. The consensus is based on 24 analyst ratings.

24 analysts currently rate the Equitas Small Finance Bank stock: 17 recommend buying, 4 holding and 3 selling. For 2026, analysts expect Equitas Small Finance Bank to generate revenue of 44.16 B INR and earnings per share of 0.26 INR.

Converted at the current exchange rate, the Equitas Small Finance Bank share trades at 0.66 EUR (72.81 INR).

The Equitas Small Finance Bank share (EQUITASBNK.NS) is listed on 2 stock exchanges, including: NSE (Indien) (EQUITASBNK.NS).

No history available for Equitas Small Finance Bank.

The expected revenue of Equitas Small Finance Bank is 44.16 B INR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Equitas Small Finance Bank is 295.27 M INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Equitas Small Finance Bank is currently 281.92. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Equitas Small Finance Bank stock.

The price-to-sales ratio (P/S) of Equitas Small Finance Bank is currently 1.88. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Equitas Small Finance Bank stock.

The Eulerpool Quality Score for Equitas Small Finance Bank is 3/10.

The ISIN of Equitas Small Finance Bank is INE063P01018. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Equitas Small Finance Bank is EQUITASBNK.NS. The ticker symbol is used to trade Equitas Small Finance Bank shares on the stock exchange.

Over the past 12 months, Equitas Small Finance Bank paid a dividend of 1.00 INR . This corresponds to a dividend yield of about 1.37 %. For the coming 12 months, Equitas Small Finance Bank is expected to pay a dividend of 1.00 INR.

The current dividend yield of Equitas Small Finance Bank is 1.37 %.

Equitas Small Finance Bank paid dividends every year for the past 0 years.

For the upcoming 12 months, dividends amounting to 1.00 INR are expected. This corresponds to a dividend yield of 1.37 %.

Equitas Small Finance Bank is assigned to the 'Finance' sector.

To receive the latest dividend of Equitas Small Finance Bank from 10/9/2024 amounting to 1 INR, you needed to have the stock in your portfolio before the ex-date on 8/9/2024.

The last dividend was paid out on 10/9/2024.

In the year 2025, Equitas Small Finance Bank distributed 1 INR as dividends.

The dividends of Equitas Small Finance Bank are distributed in INR.

Fair ValuePRO
73.54 INR
Over-/UndervaluationPRO
Fairly valued
Expected Return
158.71 %
Sector
Industry
Banks
Number of shares
Employees
Revenue per Employee
2.02 M INR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
India
Currency
INR
Initial public offering
Nov 2, 2020
ISIN
INE063P01018
Cusip
Y2R9VF103
Market capitalization
83.08 B INRLarge Cap
52-Week Range
51.7383.07INR
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
0.36
P/E ratio
P/Ee 2026
281.37
P/Ee 2027
10.63
P/Ee 2028
8.11
P/Ee 2029
6.46
P/S
P/Se
1.88
EV/EBIT
P/B Ratio
1.37
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
1.72 %
Gross Margin
0.00 %
EBIT Margin
0.00 %
Net Margin
3.53 %
EPS (Earnings Per Share)
1.29 INR
Net Debt / EBIT
Debt/Equity
0.41
Dividend
Dividend yield
1.37 %
Est. Dividend Yield
1.37 %
Payout Ratio
17.85 %
Dividend growth Ø5Y
Dividend payments per year
1
Dividend paid since
0 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
20.00 %
Last updated Sep 15, 2026, 6:32 PM

Equitas Small Finance Bank Peer Group

Equitas Small Finance Bank Ticker

BSE · EQUITASBNK.BONSE INDIA · EQUITASBNK.NS

Equitas Small Finance Bank FIGI

EQUITASB:IN · BBG005K570T5EQUITASB:IB · BBG00R3Z6RN8EQUITASB:IS · BBG00R3Z6RQ5