Employees: 28,072
Size Equitas Small Finance Bank (EQUITASBNK.NS) is an India Financials company (Regional Banks) with a market value of $662M, the 740th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹54.69 on 6 Nov 2026.
Performance Over six months the shares fell 25.4%, against +13.5% for the median peer and 0.0% for the India market (cap-weighted) — 3rd lowest of 20 in its peer set.
Growth Revenue grew 15.3% over the last twelve months (peer median +12.6%); the operating margin is 18.5% (peer median 32.9%).
Valuation It trades at 0.95× book value against a peer median of 1.20× (9th cheapest of 21).
Price implies The share price implies a return on equity of about 15.4%; Equitas Small Finance Bank delivers 11.4%, so the price asks more than the business earns today.
Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹86.5B | ₹78.8B | ₹72.2B | ₹62.8B | ₹48.3B |
| Revenue growth | — | +9% | +15% | +30% | — |
| Net income | ₹7.04B | ₹1.03B | ₹1.47B | ₹7.99B | ₹5.74B |
| Free cash flow | n/a | ₹7.76B | ₹4.40B | ₹4.48B | ₹11.7B |
| Capital expenditure | n/a | ₹1.93B | ₹2.45B | ₹3.64B | ₹2.66B |
| Total debt | ₹68.9B | ₹142B | ₹99.8B | ₹85.4B | ₹73.9B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | EQUITASBNK.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -20.6% | +0.2% | 4th lowest of 21 |
| 6-month return | -25.4% | +13.5% | 3rd lowest of 20 |
| Return on equity | 11.3% | 10.5% | 10th highest of 21 |
| Price / book | 0.95× | 1.20× | 9th cheapest of 21 |
| Trailing P/E | 8.9× | 12.1× | 4th cheapest of 20 |
| ROE the price implies | 15.4% | 9.2% | 2nd most demanding of 21 |
| ROE delivered | 11.4% | 10.4% | 10th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Equitas Small Finance Bank EQUITASBNK.NS | India | $662M | -25% | +15% | 11% | 0.95× | 15.4% | 11.4% |
| Midland States Bancorp MSBI | United States | $660M | +12% | -21% | 10% | 1.57× | 11.0% | 10.2% |
| ACNB ACNB | United States | $667M | +22% | +15% | 13% | 1.58× | 13.1% | 13.4% |
| Bank Of The Ryukyus,Limited 8399.T | Japan | $655M | -3% | +19% | 7% | 0.68× | 5.3% | 6.5% |
| West Coast Community Bancorp WCCB | United States | $653M | n/a | +6% | 15% | 1.62× | 9.1% | 15.0% |
| Coastal Financial CCB | United States | $653M | -41% | +10% | -1% | 1.37× | 10.8% | -0.8% |
| Banca IFIS IF.MI | Italy | $673M | -53% | +68% | 13% | 0.30× | 5.2% | 13.0% |
| Red River Bancshares RRBI | United States | $682M | +14% | +7% | 13% | 1.78× | 10.0% | 13.0% |
| Oma Savings Bank OMASP.HE | Finland | $643M | +47% | -20% | 7% | 0.92× | 5.0% | 6.6% |
| Procrea Holdings,Inc 7384.T | Japan | $638M | -2% | +25% | 2% | 0.59× | 4.1% | 2.4% |
| Bar Harbor Bankshares BHB | United States | $688M | +17% | +16% | 11% | 1.28× | 9.3% | 10.7% |
| DCB Bank DCBBANK.NS | India | $688M | +8% | +10% | 13% | 0.94× | 16.4% | 13.0% |
| Carter Bankshares CARE | United States | $634M | +9% | +40% | 28% | 1.20× | 8.8% | 27.5% |
| California BanCorp BCAL | United States | $696M | +13% | -4% | 10% | 1.20× | 7.5% | 10.2% |
| Community West Bancshares CWBC | United States | $705M | +8% | +23% | 7% | 1.17× | 10.1% | 6.7% |
| First Business Financial Services FBIZ | United States | $618M | +31% | +4% | 15% | 1.58× | 11.2% | 14.9% |
| Peoples Financial Services PFIS | United States | $723M | +22% | +4% | 12% | 1.37× | 10.7% | 11.7% |
| Akita Bank 8343.T | Japan | $731M | +107% | +29% | 5% | 0.61× | 5.3% | 5.0% |
| Ehime Bank 8541.T | Japan | $733M | +66% | +8% | 5% | 0.80× | 5.2% | 5.1% |
| Yamagata Bank 8344.T | Japan | $736M | +49% | +25% | 5% | 0.75× | 5.3% | 5.1% |
| Washington Trust Bancorp WASH | United States | $737M | +19% | +30% | 12% | 1.39× | 10.6% | 12.0% |