INTEGRATED FILING — BANKING



General information about company

Scrip code 543243
NSE Symbol EQUITASBNK
MSEI Symbol NA
ISIN INE063P01018
Name of bank EQUITAS SMALL FINANCE BANK LIMITED
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 08-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 29-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 08-Aug-2025   11:10:00
End date and time of board meeting 08-Aug-2025   13:45:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable


Financial Results - Banking
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Interest earned
Interest or discount on advances or bills 14339742000 14339742000
Income on investments 1612384000 1612384000
Interest on balances with reserve bank of India and other inter bank funds 536509000 536509000
Others 0 0
Total interest earned 16488635000 16488635000
2 Other income 2916863000 2916863000
3 Total income 19405498000 19405498000
Expenses
4 Interest expenses 8631155000 8631155000
5 Operating expenses
(i) Employees cost 4600056000 4600056000
(ii) Details of other operating expenses
Description of other operating expenses
1 Rent, taxes and lighting 501216000 501216000
2 Depreciation on bank's property 387896000 387896000
3 Information Technology Expenses 433067000 433067000
4 Postage, telegram, telephone etc. 85184000 85184000
5 Law charges (including professional fees) 154717000 154717000
6 Bank and Other finance charges 49456000 49456000
7 Directors' fees, allowances and expenses 7679000 7679000
8 Auditors' fees and expenses 3278000 3278000
9 CSR contributions 41464000 41464000
10 Others 1362634000 1362634000
Total other operating Expenses 3026591000 3026591000
Total Operating Expenses 7626647000 7626647000
6 Total expenditure excluding provisions and contingencies 16257802000 16257802000
7 Operating profit before provision and contingencies 3147696000 3147696000
8 Provisions other than tax and contingencies 6122496000 6122496000
9 Exceptional items 0 0
10 Total profit (loss) from ordinary activities before tax -2974800000 -2974800000
11 Provision for Tax -737167000 -737167000
12 Net profit (loss) from ordinary activities after tax -2237633000 -2237633000
13 Extraordinary items net of tax expenses 0 0
14 Net profit (loss) for the period -2237633000 -2237633000
15 Share of profit (loss) of associates
16 Profit (loss) of minority interest
17 Net Profit (loss) after taxes minority interest and share of profit (loss) of associates -2237633000 -2237633000
18 Details of equity share capital [Abstract]
Paid-up equity share capital 11403023000 11403023000
Face value of equity share capital 10 10
19 Reserve excluding revaluation reserves (as per balance sheet of previous accounting year)
20 Analytical ratios
(i) Percentage of share held by government of India 0 0
(ii) Capital adequacy ratio
CET 1 ratio 17.16 17.16
Additional Tier 1 ratio 0 0
(iii) (a) Earnings per share before extraordinary items
Basic earnings per share before extraordinary items -1.96 -1.96
Diluted earnings per share before extraordinary items -1.96 -1.96
(iii) (b) Earnings per share after extraordinary items
Basic earnings per share after extraordinary items -1.96 -1.96
Diluted earnings per share after extraordinary items -1.96 -1.96
(iv) NPA Ratios
Amount of gross non-performing assets 10359895000 10359895000
Amount of net non-performing assets 3415945000 3415945000
% of gross NPAs 2.92 2.92
% of net NPAs 0.98 0.98
Return on assets -0.41 -0.41
21 Disclosure of notes on financial results by banks Textual Information(1)


Text Block

Textual Information(1) 3 The above unaudited financial results (along with the notes given below) hereafter referred as Statement” of Equitas Small Finance Bank Limited ( Bank or ESFBl ) for the quarter ended June 30, 2025 were reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on August 7, 2025 and August 8, 2025 respectively and have been subjected to limited review by the statutory auditors of the Bank (M/s ASA & Associates LLP, Chartered Accountants and M/s Suri & Co, Chartered Accountants). The report thereon is unmodified. 4 The above financial results of the Bank have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standards specified under Section 133 of the Companies Act, 2013 read with relevant rules thereunder,in so far as they apply to the Banks, the relevant provisions of the Banking Regulation Act, 1949, the circulars, guidelines and directions issued by the Reserve Bank of India ( the RBI”) from time to time and other accounting principles generally accepted in India, and are in compliance with, the presentation and disclosure requirements of the Regulation 33 and Regulation 52 read with Regulation 63 (2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Regulations ) as amended including relevant circulars issued by the SEBI from time to time. 5 The Bank has applied its significant accounting policies, in the preparation of these financial results, consistent with those followed in the annual financial statements for the year ended March 31, 2025. Any circular/ direction issued by the RBI is implemented prospectively when it becomes applicable, unless specifically required under those circulars/ directions 6 The Capital adequacy ratio has been computed as per the operating guidelines for Small Finance Banks in accordance with RBI Circular No. RBI/2016-17/81 DBR.NBD.No.26/16.13.218/2016-17 dated October 6, 2016 and other related guidelines issued thereto. Accordingly, the Bank has been following Basel II standardized approach for credit risk in accordance with the aforesaid guidelines and no separate capital charge is prescribed for market risk and operational risk. BaselII Standardized approach is followed in accordance with RBI Master Circular No.RBI/2015-16/85 DBR.No.BP.BC.4./21.06.001/2015-16 dated July 1, 2015 onPrudential Guidelines on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF). 7 The Bank makes Pillar III disclosures as part of Market Discipline as per above referred RBI circular. In addition to this, the Bank provides disclosures on Leverage ratio as per Basel III- Capital Regulations (vide Circular RBI/2024-25/08 DOR.CAP.REC.4/21.06.201/2024-25 dated April 1, 2024). Further, the Bank makes disclosures on liquidity coverage ratio (vide ref. RBI/2013-14/635 DBOD.BP.BC.No.120 / 21.04 098/2013-14 dated June 9, 2014 read together with the RBI circular RBI/2017-18/36 DBR.BP.BC.No. 81/21.04.098/2017-18 dated August 2, 2017) and Net Stable Funding Ratio (vide ref. RBI/2017-18/178 DBR.BP.BC.No.106/21.04.098/2017-18 dated May 17 , 2018) and any amendments in this regard from time to time. These disclosures are available on the Bank'3 website at the following link ; https://ir.equitasbank.com/reports-and-presentations/. These disclosures have not been subjected to audit or limited review. 8.Details of loans transferred / acquired during the quarter ended June 30, 2025 under the RBI Master Direction on Transfer of Loan Exposures dated September 24, 2021 are given below: (i) The Bank has not transferred any non-performing assets (NPAs). (ii) The Bank has not transferred any Special Mention Account (SMA) and loan not in default. (iii) The Bank has not acquired any loans not in default from other entities through assignment. (iv) The Bank has not acquired any stressed loan. (v) Details of Ratings of Security receipts (SR) as on June 30, 2025 are given below. (Amount in ` Lakh) Rating Rating Agency Recovery Rating Gross Value of Outstanding SRs IND RR5 India Ratings Upto 25% 4,033.00 RR1 India Ratings 100% - 150% 6,027.54 Total 10,060.54 9.During the quarter ended June 30, 2025, the Bank has allotted 4,39,926 equity shares of ? 10 each pursuant to the exercise of options by its employees in accordance with the ESFB ESOP Scheme. 10 During the quarter ended June 30, 2025, the Bank has made additional standard assets provision of ? 14,850 Lakh towards advances in stressed sectors. The Bank has also made an additional NPA provision of ? 14,470 Lakh in Micro Finance, Vehicle Finance & Small Business Loan (including Affordable Housing Finance) in line with tho Bank's NPA policy to strengthen the provision coverage ratio. 11 During the quarter ended June 30, 2025, the Bank has started AD-1 Business. 12 Other Income includes fees earned from providing services to customers, selling of third-party products, profit on sale of investments (net), profit / (loss) on revaluation of investments, recoveries from accounts previously writton off, excess interest spread on securitisation, etc., 13 The ratios and other information which are to be disclosed as per Regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, have been disclosed to the extent applicable.14 The Bank does not have any Subsidiary, Associate or Joint venture as at June 30, 2025. Accordingly, the Bank is not required to publish the consolidated financial results. 15 During the quarter ended June 30, 2025, the Bank has paid ? 636 Lakh towards purchase of Priority Sector Lending Certificates (‘PSLC’). The same is amortised on a straight-line basis over the tenor of the certificate. The Bank has accounted ? 159 Lakh as PSLC Fee expenses during the period ended June 30, 2025 on a pro rata basis. 16 The figures for the quarter ended March 31, 2025 arc the balancing figures between audited figures in respect of the financial year 2024-25 and the published year to date figures upto December 31.2024, which were subjected to limited review. 17 Subsequent to the quarter ended June 30. 2025, the Bank has issued Tier II sub-ordinated Bonds of ? 50,000 Lakh on July 31, 2025. 18 Previous period / year figures have been reclassified/regrouped, wherever necessary, to conform to the current period / year classification/ grouping For Equitas Small Finance Bank Limited Place: Chennai P N Vasudevan Date : August 8, 2025 Managing Director and Chief Executive Officer


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Treasury 3350362000 3350362000
2 Retail Banking 15579139000 15579139000
3 Wholesale Banking 157350000 157350000
4 Other Banking operations 318647000 318647000
5 Unallocated 0 0
Total Segment Revenue 19405498000 19405498000
Less: Inter segment revenue 0
Income from operations 19405498000 19405498000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Treasury 1207186000 1207186000
2 Retail Banking -4323675000 -4323675000
3 Wholesale Banking 209000 209000
4 Other Banking operations 299876000 299876000
5 Unallocated -158395000 -158395000
Total Profit before tax -2974799000 -2974799000
i. Finance cost 0
ii. Other Unallocable Expenditure net off Unallocable income 0
Profit before tax -2974799000 -2974799000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Treasury 149773954000 149773954000
2 Retail Banking 377326101000 377326101000
3 Wholesale Banking 7774436000 7774436000
4 Other Banking operations 0 0
5 Unallocated 4463496000 4463496000
6 Treasury 149773954000 149773954000
7 Retail Banking 377326101000 377326101000
8 Wholesale Banking 7774436000 7774436000
9 Other Banking operations 0 0
10 Unallocated 4463496000 4463496000
Total Segment Assets 539337987000 539337987000
Un-allocable Assets 0 0
Net Segment Assets 539337987000 539337987000
4 Segment Liabilities
Segment Liabilities
1 Treasury 133706726000 133706726000
2 Retail Banking 339856502000 339856502000
3 Wholesale Banking 6969369000 6969369000
4 Other Banking operations 0 0
5 Unallocated 311252000 311252000
6 Treasury 133706726000 133706726000
7 Retail Banking 339856502000 339856502000
8 Wholesale Banking 6969369000 6969369000
9 Other Banking operations 0 0
10 Unallocated 311252000 311252000
Total Segment Liabilities 480843849000 480843849000
Un-allocable Liabilities 0 0
Net Segment Liabilities 480843849000 480843849000
Disclosure of notes on segments Business Segments have been identified and reported taking into account the target customer profile, the nature of products and services, the differing risks and returns, and guidelines prescribed by RBI and in compliance with the Accounting Standard 17 - Segment Reporting . The methodology adopted by the Bank in compiling and reporting the above information has been relied upon by the auditors. The RBI vide its circular dated April 7, 2022 on establishment of Digital Banking Units (DBUs), has prescribed reporting of Digital Banking Segment as a sub - segment of Retail Banking Segment. The Bank has not set up any DBUs and hence no Digital Banking Segment disclosure have been made. The business operations of the Bank are in India and for the purpose of segment reporting as per Accounting Standard-17 (Segment reporting) the bank is considered to operate only in domestic segment.