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Equitas Holdings Limited

Equitas Holdings Limited

EQUITAS.NS
Equitas Holdings LimitedIN flagNational Stock Exchange of India
118.50
INR
-1.80
- -
40.50BMarket Cap
Equitas Holdings Limited
EQUITAS.NS
(National Stock Exchange of India)

Recent

price

118.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
FRC
52.2
0.08
55.66
77.74
31.7
41.25
46.13
52.43
65.65
82.54
107.02
114.09
129.8
Revenue per Share
6.98
-1.45
6.45
11.95
4.48
6.21
4.79
0.92
5.18
5.99
13.85
4.48
7.92
Basic EPS, GAAP
-28.3
-3.69
-115.71
-126.99
-48.48
-50.98
-7.64
-38.37
53.71
-28.44
78.72
-1.05
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2.99
- -
- -
Dividend per Share
19.91
18.1
22.98
30.7
19.82
22.51
24.18
24.04
22.65
23.31
21.58
15.28
10.67
Book Value per Share
68.96
66.99
92.56
119.28
49.02
49.66
64.81
65.2
69.66
82.65
105.46
128.43
143.15
Tangible Book Value per Share
44
44
51
62
238
269
333
339
341
342
342
342
320
Basic Weighted Avg Shares
2,277
4
2,821
4,824
7,551
11,109
15,355
17,776
22,390
28,203
36,579
38,995
41,583
Sales/Revenue/Turnover
46.28
-177.46
52.28
62.79
60.68
62.6
20.27
13.43
33.72
42.52
50.69
47.49
47.1
Operating Margin (%)
48
3
70
62
84
137
375
891
928
1,455
1,270
1,272
1,303
Depreciation Expense
304
-64
327
742
1,066
1,671
1,594
314
1,766
2,046
4,732
1,532
2,537
Net Income, GAAP
33.1
- -
19.54
34.85
34.6
35.74
36.65
38.72
34.92
34.85
21.69
29.69
26.92
Effective Tax Rate (%)
13.37
-1,795.74
11.59
15.37
14.12
15.05
10.38
1.76
7.89
7.25
12.94
3.93
6.1
Profit Margin (%)
2,791
175
5,201
3,176
6,969
11,526
11,875
1,536
-1,556
48,550
2,187
15,053
233,180
Working Capital
1,867
- -
6,404
6,759
14,570
26,088
34,390
36,539
23,742
32,255
25,081
12,173
28,584
LT Debt
3,040
2,976
4,721
7,420
11,707
13,414
22,309
22,770
24,437
29,031
36,719
44,587
46,698
Total Equity
- -
- -
14.7
10.1
8.82
8.74
2.67
1.35
5.09
9.79
16.02
15.73
18.9
Return on Invested Capital (%)
- -
- -
22.21
13.02
10.6
10.04
2.87
1.68
6.2
11.23
17.33
15.97
3.63
Return on Capital (%)
- -
-7.69
33.21
48.31
32.18
31.01
22.59
3.87
22.24
26.08
61.7
24.32
74.23
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'22
Jun'23
Sep'23
ST Debt
22,900
- -
- -
LT Borrowings
12,173
- -
28,584
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
342
- -
342
Market Capitalization
34,118
26,269
31,763

Working Capital

FRC

•

in mil. unless spec.
Mar'22
Jun'23
Sep'23
Total Current Assets
118,892
- -
235,080
Cash, Cash Equivalents & STI
49,583
- -
12,634
Accounts Receivable, Net
90
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
103,838
- -
1,899
Payables & Accruals
- -
- -
- -
ST Debt
22,900
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
33.06%
15.22%
21.43%
Free Cash Flow
303.67%
-92.03%
-101.33%
Net Income, GAAP
7.68%
92.47%
-67.63%
Sales/Revenue/Turnover
7,897.42%
20.8%
6.6%
Total Cash Common Dividend
- -
- -
-99.96%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
7,788
8,701
9,397
10,695
36,579
2022
9,292
9,666
10,093
9,950
38,995
2023
10,474
11,065
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
1.47
3.1
7.36
- -
13.85
2022
0.33
1.06
1.03
- -
4.48
2023
2.24
2.08
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
2.99
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
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Business
Equitas Holdings Limited is a diversified financial services company primarily engaged in non-banking financial activities in India. Its core products and services include retail and SME lending; affordable housing finance; vehicle and construction equipment financing; microfinance through its subsidiaries; wealth management; and insurance distribution. The company operates various financial segments including asset financing, housing finance, and microfinance under its subsidiaries Equitas Small Finance Bank and Equitas Housing Finance Limited, with a strong presence across India targeting underserved retail customers and small and medium enterprises. Founded in 2007 and headquartered in Chennai, India, Equitas Holdings has expanded its financial product portfolio and geographic footprint over the years. In recent major company developments, Equitas Holdings has emphasized growth through strategic alliances and acquisitions to strengthen its retail lending and microfinance businesses. Over the last 1-2 years, the company undertook operational restructuring initiatives to enhance its banking subsidiary’s reach and introduced innovative digital lending platforms to boost financial inclusion. Additionally, it has expanded its affordable housing finance offerings in tier 2 and tier 3 Indian cities, reflecting its strategic shift towards inclusive growth and customer-centric financial solutions. Equitas Holdings operates predominantly through its subsidiaries in India, including Equitas Small Finance Bank Ltd, Equitas Housing Finance Ltd, and Equitas Micro Finance Pvt Ltd. Its business segments focus on financing vehicles and equipment, home loans, microcredit, and wealth management services catering to a wide spectrum of customers including low-income individuals and small businesses. The company’s strategy emphasizes financial inclusion, digital adaptation, and expansion into semi-urban and rural markets, positioning itself as a leading non-banking financial institution in the Indian financial services sector.