Equitas Small Finance Bank Ltd Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Standalone Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Interest Earned

1,836.35

1,691.68

1,617.35

1,648.86

1,643.97

1,611.93

1,554.87

Income On Investments

167.62

169.26

162.85

161.24

159.43

163.74

169.97

Interest On Balances With Rbi Other Inter Bank Funds

36.94

27.62

44.09

53.65

36.84

23.19

18.92

Interest / Discount On Advances / Bills

1,631.74

1,494.76

1,410.40

1,433.97

1,447.69

1,425.00

1,365.98

Others

0.05

0.04

0.00

0.01

0.00

Other Income

263.46

289.45

228.95

291.69

225.45

238.41

238.93

Total Income

2,099.81

1,981.13

1,846.29

1,940.55

1,869.42

1,850.34

1,793.80

Interest Expended

856.23

840.05

843.67

863.12

814.55

793.54

752.56

Net Interest Income

980.12

851.63

773.68

785.74

829.42

818.39

802.31

Total Expenditure (Excl Depreciation)

841.12

833.90

762.06

762.66

743.57

723.95

691.52

Employee Cost

514.10

516.28

473.69

460.01

418.43

425.48

402.42

Other Operating Expenses

327.02

317.62

288.37

302.65

325.14

298.47

289.10

Operating Profit Before Provisions and Contingencies

402.46

307.18

240.56

314.77

311.30

332.85

349.72

Exceptional Items

0.00

Provisions and contingencies

124.11

193.45

207.02

612.25

258.01

243.11

329.66

Profit Before Tax

278.35

113.73

33.54

-297.48

53.29

89.74

20.06

Tax

65.67

23.70

9.40

-73.72

11.18

23.44

7.18

Profit After Tax

212.68

90.03

24.14

-223.76

42.11

66.30

12.88

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

212.68

90.03

24.14

-223.76

42.11

66.30

12.88

Face Value

10.0

Reserves

0.00

Earnings per share (EPS)

1.86

0.79

0.21

-1.96

0.37

0.58

0.11

Diluted Earnings per share

1.86

0.79

0.21

-1.96

0.37

0.58

0.11

Operating Profit Margin (Excl OI)

47.44%

39.27%

40.08%

16.61%

39.07%

40.01%

34.32%

Gross Profit Margin

15.16%

6.72%

2.07%

-18.04%

3.24%

5.57%

1.29%

PAT Margin

11.58%

5.32%

1.49%

-13.57%

2.56%

4.11%

0.83%

Net Interest Margin

7.29%

6.72%

6.29%

6.55%

7.13%

7.39%

7.69%

Return on Assets

0.35%

0.16%

0.04%

-0.41%

0.08%

0.13%

0.03%

CASA (%)

26.0%

30.0%

31.0%

29.0%

0.0%

30.0%

CASA Amount

12,198.00

12,886.00

13,622.00

13,019.00

12,406.00

11,668.00

12,079.00

Capital Adequacy Ratio (Total)

0.0%

Capital Adequacy Ratio (Tier 1)

0.0%

Provision Coverage Ratio (%)

73.03%

67.1%

66.93%

67.03%

66.83%

68.28%

67.71%

Amount of Gross NPAs

1,134.89

1,116.09

1,081.87

1,035.99

1,067.73

1,071.87

1,022.82

Amount of Net NPAs

306.08

367.15

357.82

341.59

354.20

340.05

330.29

% of Net NPAs

0.72%

0.92%

0.98%

0.96%

0.97%

% of Gross NPAs

2.6%

2.75%

2.92%

2.89%

2.97%

2.95%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Pledged Capital (%)

0.0%

Number of ATMs

396.0

390.0

382.0

376.0

375.0

370.0

Number of Branches

1060.0

1053.0

1042.0

1035.0

994.0

987.0

Quarterly Analysis Highlights - QoQ

Interest Earned

QoQ Growth in quarter ended Mar 2026 is 8.55% vs 4.6% in Dec 2025

Net Profit

QoQ Growth in quarter ended Mar 2026 is 136.23% vs 272.95% in Dec 2025

Operating Profit (PBDIT)

QoQ Growth in quarter ended Mar 2026 is 31.02% vs 27.69% in Dec 2025

% of Net NPAs

QoQ Growth in quarter ended Mar 2026 is -0.20% vs -0.06% in Dec 2025

% of Gross NPAs

QoQ Growth in quarter ended Mar 2026 is -0.15% vs -0.17% in Dec 2025

Compare Quarterly Results Of Equitas Sma. Fin With

Select Peers

Figures in Cr

Standalone Quarterly Results

Change(INR)

Change(%)

Interest Earned

1,836.35

1,878.36

-42.01

-2.24%

Income On Investments

167.62

216.02

-48.40

-22.41%

Interest On Balances With Rbi Other Inter Bank Funds

36.94

2.35

34.59

1471.91%

Interest / Discount On Advances / Bills

1,631.74

1,658.33

-26.59

-1.6%

Others

0.05

1.66

-1.61

-96.99%

Other Income

263.46

306.70

-43.24

-14.1%

Total Income

2,099.81

2,185.06

-85.25

-3.9%

Interest Expended

856.23

785.47

70.76

9.01%

Net Interest Income

980.12

1,092.89

-112.77

-10.32%

Total Expenditure (Excl Depreciation)

841.12

884.99

-43.87

-4.96%

Employee Cost

514.10

469.95

44.15

9.39%

Other Operating Expenses

327.02

415.04

-88.02

-21.21%

Operating Profit Before Provisions and Contingencies

402.46

514.60

-112.14

-21.79%

Exceptional Items

0.00

Provisions and contingencies

124.11

143.85

-19.74

-13.72%

Profit Before Tax

278.35

370.75

-92.40

-24.92%

Tax

65.67

88.78

-23.11

-26.03%

Profit After Tax

212.68

281.97

-69.29

-24.57%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

212.68

281.97

-69.29

-24.57%

Face Value

10.00

0.00

Reserves

0.00

Earnings per share (EPS)

1.86

1.45

0.41

28.28%

Diluted Earnings per share

1.86

1.43

0.43

30.07%

Operating Profit Margin (Excl OI)

47.44%

45.23%

0.00

2.21%

Gross Profit Margin

15.16%

19.74%

0.00

-4.58%

PAT Margin

11.58%

15.01%

0.00

-3.43%

Net Interest Margin

7.29%

8.50%

-1.21

-1.21%

Return on Assets

0.35%

0.51%

-0.16

-0.16%

CASA (%)

26.00%

28.60%

-2.60

-2.60%

CASA Amount

12,198.00

13,061.00

-863.00

-6.61%

Capital Adequacy Ratio (Total)

0.00%

0.00

0.00%

Capital Adequacy Ratio (Tier 1)

0.00%

0.00

0.00%

Provision Coverage Ratio (%)

73.03%

81.00%

-7.97

-7.97%

Amount of Gross NPAs

1,134.89

916.71

218.18

23.8%

Amount of Net NPAs

306.08

170.44

135.64

79.58%

% of Net NPAs

0.72%

0.43%

0.29

0.29%

% of Gross NPAs

2.60%

2.26%

0.34

0.34%

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

396.00

612.00

-216.00

-35.29%

Number of Branches

1,060.00

776.00

284.00

36.6%

Quarterly - Interest Earned

Interest Earned 1836.35 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 8.55% vs 4.6% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 11.7% vs 13.8% in Mar 2025

Quarterly - Net Profit

Net Profit 212.68 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 136.23% vs 272.95% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 405.06% vs -79.72% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 402.46 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 31.02% vs 27.69% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 29.28% vs -16.93% in Mar 2025

Quarterly - % of Net NPAs

% of Net NPAs 0.72%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 is -0.20% vs -0.06% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -0.26% vs -0.19% in Mar 2025

Quarterly - % of Gross NPAs

% of Gross NPAs 2.60%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 is -0.15% vs -0.17% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -0.29% vs 0.28% in Mar 2025