Equitas Small Finance Bank Limited (EQUITASBNK) - Net Assets
Based on the latest financial reports, Equitas Small Finance Bank Limited (EQUITASBNK) has net assets worth Rs60.73 Billion INR (≈ $656.72 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs528.36 Billion ≈ $5.71 Billion USD) and total liabilities (Rs467.63 Billion ≈ $5.06 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 EQUITASBNK total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs60.73 Billion |
| % of Total Assets | 11.49% |
| Annual Growth Rate | 36.05% |
| 5-Year Change | 78.8% |
| 10-Year Change | 754.18% |
| Growth Volatility | 53.96 |
Equitas Small Finance Bank Limited - Net Assets Trend (2013–2025)
This chart illustrates how Equitas Small Finance Bank Limited's net assets have evolved over time, based on quarterly financial data. Check Equitas Small Finance Bank Limited (EQUITASBNK) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Equitas Small Finance Bank Limited (2013–2025)
The table below shows the annual net assets of Equitas Small Finance Bank Limited from 2013 to 2025. For live valuation and market cap data, see EQUITASBNK stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 907063771500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs8.97 Billion | 14.78% |
| Common Stock | Rs11.40 Billion | 18.77% |
| Other Comprehensive Income | Rs49.33 Billion | 81.23% |
| Total Equity | Rs60.73 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 |
|---|---|
|
Zhejiang Hangmin Co Ltd
SHG:600987
|
$978.43 Million |
|
Shanghai Tongji Science&Technology Industrial Co Ltd
SHG:600846
|
$979.13 Million |
|
Dios Fastigheter AB
ST:DIOS
|
$979.20 Million |
|
Plymouth Industrial REIT Inc
NYSE:PLYM
|
$979.23 Million |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
$978.21 Million |
|
Zhejiang Ausun Pharmaceutical Co Ltd
SHG:603229
|
$978.06 Million |
|
Sdiptech AB (publ)
ST:SDIP-B
|
$978.02 Million |
|
Beijing Sojo Electric Co Ltd
SHE:300444
|
$976.98 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 2024 to 2025, total equity changed from 59,687,019,000 to 60,725,203,000, a change of 1,038,184,000 (1.7%).
- Net income of 1,470,499,000 contributed positively to equity growth.
- Dividend payments of 1,135,479,000 reduced retained earnings.
- New share issuances of 232,859,000 increased equity.
- Other comprehensive income increased equity by 37,880,696,000.
- Other factors decreased equity by 37,410,391,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.47 Billion | +2.42% |
| Dividends Paid | Rs1.14 Billion | -1.87% |
| Share Issuances | Rs232.86 Million | +0.38% |
| Other Comprehensive Income | Rs37.88 Billion | +62.38% |
| Other Changes | Rs-37.41 Billion | -61.61% |
| Total Change | Rs- | 1.74% |
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: 1.49x
- 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 5.34x to 1.49x 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 | Rs79.28 | x |
| 2014-03-31 | Rs16.53 | Rs79.28 | x |
| 2015-03-31 | Rs20.50 | Rs79.28 | x |
| 2016-03-31 | Rs16.81 | Rs79.28 | x |
| 2017-03-31 | Rs25.03 | Rs79.28 | x |
| 2018-03-31 | Rs20.27 | Rs79.28 | x |
| 2019-03-31 | Rs22.36 | Rs79.28 | x |
| 2020-03-31 | Rs26.89 | Rs79.28 | x |
| 2021-03-31 | Rs30.84 | Rs79.28 | x |
| 2022-03-31 | Rs36.27 | Rs79.28 | x |
| 2023-03-31 | Rs41.96 | Rs79.28 | x |
| 2024-03-31 | Rs52.37 | Rs79.28 | x |
| 2025-03-31 | Rs53.27 | Rs79.28 | 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): 2.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.06%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 8.70x
- Recent ROE (2.42%) is below the historical average (7.32%), 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 |
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: $128,982,968,900
- Average return on equity (ROE) among peers: 9.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Equitas Small Finance Bank Limited (EQUITASBNK) | Rs60.73 Billion | 2.50% | 7.70x | $978.26 Million |
| AU Small Finance Bank Limited (AUBANK) | $125.60 Billion | 12.22% | 7.71x | $8.04 Billion |
| Bandhan Bank Limited (BANDHANBNK) | $216.10 Billion | 10.32% | 7.23x | $3.68 Billion |
| Bank of Baroda (BANKBARODA) | $468.39 Billion | -4.03% | 14.97x | $14.25 Billion |
| Bank of India (BANKINDIA) | $137.59 Billion | 22.41% | 15.45x | $7.24 Billion |
| Canara Bank (CANBK) | $65.08 Billion | 20.96% | 16.09x | $12.64 Billion |
| Capital Small Finance Bank Limited (CAPITALSFB) | $5.16 Billion | 12.13% | 12.87x | $149.50 Million |
| Central Bank of India (CENTRALBK) | $182.46 Billion | -13.40% | 17.34x | $3.14 Billion |
| CSB Bank Limited (CSBBANK) | $7.70 Billion | 3.49% | 18.89x | $661.56 Million |
| City Union Bank Limited (CUB) | $16.41 Billion | 19.63% | 13.00x | $1.81 Billion |
| DCB Bank Limited (DCBBANK) | $65.35 Billion | 11.19% | 12.48x | $661.23 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. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers fixed and term deposit products, and savings and current accounts, as well as trust, association, soci… Read more