Equitas Small Finance Bank Limited Net Assets
Equitas Small Finance Bank Limited net assets. Based on the latest financial reports, Equitas Small Finance Bank Limited (EQUITASBNK) has net assets worth Rs61.25 Billion INR (≈ $662.38 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs606.10 Billion ≈ $6.55 Billion USD) and total liabilities (Rs544.86 Billion ≈ $5.89 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Equitas Small Finance Bank Limited net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs61.25 Billion |
| % of Total Assets | 10.11% |
| Annual Growth Rate | 32.96% |
| 5-Year Change | 44.24% |
| 10-Year Change | 204.43% |
| Growth Volatility | 53.09 |
Net Assets of Equitas Small Finance Bank Limited (2013–2026)
Net assets of Equitas Small Finance Bank Limited from 2013 to 2026. This chart illustrates how Equitas Small Finance Bank Limited's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Equitas Small Finance Bank Limited to measure how much of total assets are equity-financed.
Annual Net Assets for Equitas Small Finance Bank Limited (2013–2026)
The table below shows the annual net assets of Equitas Small Finance Bank Limited from 2013 to 2026. For live market cap and overall valuation, see Equitas Small Finance Bank Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs61.25 Billion ≈ $662.38 Million |
+0.86% |
| 2025-03-31 | Rs60.73 Billion ≈ $656.72 Million |
+1.74% |
| 2024-03-31 | Rs59.69 Billion ≈ $645.49 Million |
+15.72% |
| 2023-03-31 | Rs51.58 Billion ≈ $557.81 Million |
+21.47% |
| 2022-03-31 | Rs42.46 Billion ≈ $459.21 Million |
+25.02% |
| 2021-03-31 | Rs33.96 Billion ≈ $367.30 Million |
+23.77% |
| 2020-03-31 | Rs27.44 Billion ≈ $296.77 Million |
+21.73% |
| 2019-03-31 | Rs22.54 Billion ≈ $243.80 Million |
+10.30% |
| 2018-03-31 | Rs20.44 Billion ≈ $221.02 Million |
+1.58% |
| 2017-03-31 | Rs20.12 Billion ≈ $217.58 Million |
+183.00% |
| 2016-03-31 | Rs7.11 Billion ≈ $76.88 Million |
+13.60% |
| 2015-03-31 | Rs6.26 Billion ≈ $67.68 Million |
+114.54% |
| 2014-03-31 | Rs2.92 Billion ≈ $31.54 Million |
+93.22% |
| 2013-03-31 | Rs1.51 Billion ≈ $16.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Equitas Small Finance Bank Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 953115671500.0% over the analyzed period, indicating profitable operations and earnings retention.
Equitas Small Finance Bank Limited Net Assets Breakdown (March 2026)
Equitas Small Finance Bank Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs9.44 Billion | 15.40% |
| Common Stock | Rs11.41 Billion | 18.63% |
| Other Comprehensive Income | Rs49.84 Billion | 81.37% |
| Total Equity | Rs61.25 Billion | 100.00% |
Equitas Small Finance Bank Limited Competitors by Market Cap
The table below lists competitors of Equitas Small Finance Bank Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Beilu Pharmaceutical
SHE:300016
|
$665.52 Million |
|
Sercomm Corp
TW:5388
|
$665.72 Million |
|
Acrel Co LTD
SHE:300286
|
$666.06 Million |
|
Coastal Financial Corp
NASDAQ:CCB
|
$666.07 Million |
|
Mrs. Bectors Food Specialities Limited
NSE:BECTORFOOD
|
$665.42 Million |
|
GuangDong Rifeng Electric Cable Co Ltd
SHE:002953
|
$665.39 Million |
|
Wuxi Huadong Heavy Machinery Co Ltd
SHE:002685
|
$665.03 Million |
|
Changzhou Tenglong Auto Parts
SHG:603158
|
$665.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Equitas Small Finance Bank Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 60,725,203,000 to 61,248,326,000, a change of 523,123,000 (0.9%).
- Net income of 1,030,828,000 contributed positively to equity growth.
- Dividend payments of 76,000 reduced retained earnings.
- New share issuances of 56,996,000 increased equity.
- Other comprehensive income increased equity by 511,316,000.
- Other factors decreased equity by 1,075,941,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.03 Billion | +1.68% |
| Dividends Paid | Rs76.00K | -0.0% |
| Share Issuances | Rs57.00 Million | +0.09% |
| Other Comprehensive Income | Rs511.32 Million | +0.83% |
| Other Changes | Rs-1.08 Billion | -1.76% |
| Total Change | Rs- | 0.86% |
Book Value vs Market Value Analysis
This analysis compares Equitas Small Finance Bank Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.62x to 1.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs14.86 | Rs53.78 | x |
| 2014-03-31 | Rs16.53 | Rs53.78 | x |
| 2015-03-31 | Rs20.50 | Rs53.78 | x |
| 2016-03-31 | Rs16.81 | Rs53.78 | x |
| 2017-03-31 | Rs25.03 | Rs53.78 | x |
| 2018-03-31 | Rs20.27 | Rs53.78 | x |
| 2019-03-31 | Rs22.36 | Rs53.78 | x |
| 2020-03-31 | Rs26.89 | Rs53.78 | x |
| 2021-03-31 | Rs30.84 | Rs53.78 | x |
| 2022-03-31 | Rs36.27 | Rs53.78 | x |
| 2023-03-31 | Rs41.96 | Rs53.78 | x |
| 2024-03-31 | Rs52.37 | Rs53.78 | x |
| 2025-03-31 | Rs53.27 | Rs53.78 | x |
| 2026-03-31 | Rs53.47 | Rs53.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Equitas Small Finance Bank Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.31%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 9.90x
- Recent ROE (1.68%) is below the historical average (6.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 2.50% | 11.69% | 0.09x | 2.42x | Rs-113.18 Million |
| 2014 | 5.41% | 20.44% | 0.09x | 3.11x | Rs-133.75 Million |
| 2015 | 5.47% | 21.96% | 0.08x | 3.19x | Rs-283.53 Million |
| 2016 | 11.97% | 26.26% | 0.13x | 3.40x | Rs140.28 Million |
| 2017 | 5.18% | 8.58% | 0.13x | 4.60x | Rs-970.58 Million |
| 2018 | 1.56% | 1.81% | 0.13x | 6.51x | Rs-1.73 Billion |
| 2019 | 9.34% | 8.97% | 0.15x | 6.99x | Rs-148.66 Million |
| 2020 | 8.88% | 8.37% | 0.15x | 7.04x | Rs-307.80 Million |
| 2021 | 11.31% | 10.69% | 0.15x | 7.28x | Rs445.89 Million |
| 2022 | 6.61% | 7.14% | 0.15x | 6.35x | Rs-1.44 Billion |
| 2023 | 11.12% | 12.29% | 0.13x | 6.78x | Rs577.96 Million |
| 2024 | 13.39% | 12.97% | 0.14x | 7.59x | Rs2.02 Billion |
| 2025 | 2.42% | 2.06% | 0.13x | 8.70x | Rs-4.60 Billion |
| 2026 | 1.68% | 1.31% | 0.13x | 9.90x | Rs-5.09 Billion |
Industry Comparison
This section compares Equitas Small Finance Bank Limited's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $196,622,534,100
- Average return on equity (ROE) among peers: 7.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Equitas Small Finance Bank Limited (EQUITASBNK) | Rs61.25 Billion | 2.50% | 8.90x | $665.44 Million |
| AU Small Finance Bank Limited (AUBANK) | $22.81 Billion | 12.80% | 7.26x | $7.21 Billion |
| Bandhan Bank Limited (BANDHANBNK) | $255.75 Billion | 4.78% | 7.26x | $2.71 Billion |
| Bank of Baroda (BANKBARODA) | $553.37 Billion | 1.99% | 13.81x | $13.71 Billion |
| Bank of India (BANKINDIA) | $337.10 Billion | -4.36% | 17.75x | $6.62 Billion |
| Canara Bank (CANBK) | $632.03 Billion | 4.57% | 17.66x | $11.69 Billion |
| Capital Small Finance Bank Limited (CAPITALSFB) | $13.40 Billion | 9.82% | 6.54x | $133.38 Million |
| Central Bank of India (CENTRALBK) | $65.45 Billion | 9.71% | 21.59x | $2.89 Billion |
| CSB Bank Limited (CSBBANK) | $21.80 Billion | 10.02% | 9.70x | $542.52 Million |
| City Union Bank Limited (CUB) | $52.96 Billion | 8.99% | 8.39x | $1.69 Billion |
| DCB Bank Limited (DCBBANK) | $11.54 Billion | 13.12% | 10.20x | $655.41 Million |
About Equitas Small Finance Bank Limited
Equitas Small Finance Bank Limited provides various banking products and services to individuals and corporates, and micro, small, and medium enterprises in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It provides fixed and term deposit products, and savings and current accounts, as well as trust, association, so… Read more