ESAF Small Finance Bank (ESAFSFB) - Net Assets

Latest as of September 2025: Rs17.54 Billion INR ≈ $189.66 Million USD

Based on the latest financial reports, ESAF Small Finance Bank (ESAFSFB) has net assets worth Rs17.54 Billion INR (≈ $189.66 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs271.29 Billion ≈ $2.93 Billion USD) and total liabilities (Rs253.75 Billion ≈ $2.74 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. Check asset resilience ratio of ESAF Small Finance Bank to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs17.54 Billion
% of Total Assets	6.46%
Annual Growth Rate	26.05%
5-Year Change	44.15%
10-Year Change	N/A
Growth Volatility	51.16

ESAF Small Finance Bank - Net Assets Trend (2016–2024)

This chart illustrates how ESAF Small Finance Bank's net assets have evolved over time, based on quarterly financial data. Also explore ESAF Small Finance Bank (ESAFSFB) total assets for the complete picture of this company's asset base.

Annual Net Assets for ESAF Small Finance Bank (2016–2024)

The table below shows the annual net assets of ESAF Small Finance Bank from 2016 to 2024. For live valuation and market cap data, see ESAFSFB market cap overview.

Year	Net Assets	Change
2024-12-31	Rs19.49 Billion ≈ $210.78 Million	-21.78%
2023-12-31	Rs24.92 Billion ≈ $269.48 Million	+45.29%
2022-12-31	Rs17.15 Billion ≈ $185.47 Million	+21.49%
2021-12-31	Rs14.12 Billion ≈ $152.66 Million	+4.40%
2020-12-31	Rs13.52 Billion ≈ $146.22 Million	+24.72%
2019-12-31	Rs10.84 Billion ≈ $117.24 Million	+21.30%
2018-12-31	Rs8.94 Billion ≈ $96.65 Million	+160.29%
2017-12-31	Rs3.43 Billion ≈ $37.13 Million	+12.29%
2016-12-31	Rs3.06 Billion ≈ $33.07 Million	--

Equity Component Analysis

This analysis shows how different components contribute to ESAF Small Finance Bank'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 50806.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	Rs2.91 Billion	14.94%
Common Stock	Rs5.15 Billion	26.45%
Other Comprehensive Income	Rs40.40 Million	0.21%
Other Components	Rs11.38 Billion	58.41%
Total Equity	Rs19.49 Billion	100.00%

ESAF Small Finance Bank Competitors by Market Cap

The table below lists competitors of ESAF Small Finance Bank ranked by their market capitalization.

Company	Market Cap
Cavotec SA ST:CCC	$148.12 Million
Scicom MSC Bhd KLSE:0099	$148.14 Million
Sunty Development Co Ltd TW:3266	$148.18 Million
Genic Co. Ltd KQ:123330	$148.21 Million
Mayur Resources Ltd AU:MRL	$148.04 Million
Victoria Investama Tbk JK:VICO	$148.02 Million
Indigo Acquisition Corp. Ordinary Shares NASDAQ:INAC	$147.99 Million
LONCOR GOLD INC. F:LO5	$147.91 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in ESAF Small Finance Bank's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 24,917,935,000 to 19,490,488,000, a change of -5,427,447,000 (-21.8%).
Net loss of 5,213,895,000 reduced equity.
Dividend payments of 360,300,000 reduced retained earnings.
Other comprehensive income decreased equity by 66,624,000.
Other factors increased equity by 213,372,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Rs-5.21 Billion	-26.75%
Dividends Paid	Rs360.30 Million	-1.85%
Other Comprehensive Income	Rs-66.62 Million	-0.34%
Other Changes	Rs213.37 Million	+1.09%
Total Change	Rs-	-21.78%

Book Value vs Market Value Analysis

This analysis compares ESAF Small Finance Bank'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: 0.70x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 4.47x to 0.70x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	Rs5.94	Rs26.56	x
2017-12-31	Rs6.67	Rs26.56	x
2018-12-31	Rs23.46	Rs26.56	x
2019-12-31	Rs25.34	Rs26.56	x
2020-12-31	Rs26.26	Rs26.56	x
2021-12-31	Rs31.36	Rs26.56	x
2022-12-31	Rs38.09	Rs26.56	x
2023-12-31	Rs52.36	Rs26.56	x
2024-12-31	Rs37.87	Rs26.56	x

Capital Efficiency Dashboard

This dashboard shows how efficiently ESAF Small Finance Bank 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): -26.75%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -12.04%
• Asset Turnover: 0.16x
• Equity Multiplier: 13.94x
Recent ROE (-26.75%) is below the historical average (6.16%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	0.25%	1.58%	0.02x	9.61x	Rs-298.13 Million
2017	7.86%	3.86%	0.15x	13.76x	Rs-73.41 Million
2018	10.10%	7.91%	0.16x	7.90x	Rs9.15 Million
2019	17.56%	12.31%	0.16x	8.74x	Rs819.82 Million
2020	7.80%	10.03%	0.09x	9.13x	Rs-298.10 Million
2021	3.88%	2.55%	0.12x	12.54x	Rs-864.28 Million
2022	17.63%	9.84%	0.15x	11.79x	Rs1.31 Billion
2023	17.08%	9.99%	0.16x	10.47x	Rs1.76 Billion
2024	-26.75%	-12.04%	0.16x	13.94x	Rs-7.16 Billion

Industry Comparison

This section compares ESAF Small Finance Bank's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $102,903,509,584
Average return on equity (ROE) among peers: 12.91%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
ESAF Small Finance Bank (ESAFSFB)	Rs17.54 Billion	0.25%	14.47x	$148.11 Million
AU Small Finance Bank Limited (AUBANK)	$7.66 Billion	18.19%	4.19x	$8.20 Billion
Bandhan Bank Limited (BANDHANBNK)	$112.02 Billion	17.42%	4.04x	$3.60 Billion
Bank of Baroda (BANKBARODA)	$286.07 Billion	18.35%	14.99x	$14.73 Billion
Bank of India (BANKINDIA)	$137.59 Billion	22.41%	15.45x	$6.83 Billion
Canara Bank (CANBK)	$151.59 Billion	19.79%	16.58x	$13.22 Billion
Capital Small Finance Bank Limited (CAPITALSFB)	$1.90 Billion	7.91%	13.30x	$135.12 Million
Central Bank of India (CENTRALBK)	$276.07 Billion	3.83%	13.03x	$3.48 Billion
CSB Bank Limited (CSBBANK)	$8.88 Billion	-5.98%	16.74x	$718.54 Million
City Union Bank Limited (CUB)	$35.70 Billion	14.08%	8.88x	$2.18 Billion
DCB Bank Limited (DCBBANK)	$11.54 Billion	13.12%	10.20x	$646.09 Million

About ESAF Small Finance Bank

NSE:ESAFSFB India Banks - Regional

Market Cap

$148.11 Million

Rs13.70 Billion INR

Market Cap Rank

#17694 Global

#924 in India

Share Price

Rs26.56

Change (1 day)

+0.61%

52-Week Range

Rs19.86 - Rs35.49

All Time High

Rs77.55