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ESAF Small Finance Bank

ESAF Small Finance Bank

ESAFSFB.BO
ESAF Small Finance BankIN flagBombay Stock Exchange
33.99
INR
-0.47
- -
17.61BMarket Cap
ESAF Small Finance Bank
ESAFSFB.BO
(Bombay Stock Exchange)

Recent

price

33.99

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
0.62
7.46
13.26
17.98
20.42
26.32
39.93
59.16
48.93
- -
48.88
Revenue per Share
0.01
0.52
1.75
3.7
2.05
1.06
5.87
8.96
-10.13
- -
-3.25
Basic EPS, GAAP
-25.37
10.4
-5.39
20.12
20.94
-12.4
-12.48
19.56
58.75
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
0.7
- -
- -
Dividend per Share
5.87
6.46
10.02
12.72
14.68
14.98
19.26
28.87
15.67
- -
10.07
Book Value per Share
5.94
6.67
17.36
21.06
26.26
27.42
33.32
52.44
37.87
- -
34.89
Tangible Book Value per Share
515
515
515
515
515
515
515
475
515
- -
512
Basic Weighted Avg Shares
321
3,839
6,825
9,253
10,512
13,547
20,554
28,114
25,186
25,108
25,031
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
4
94
169
232
286
328
418
510
592
655
- -
Depreciation Expense
8
270
903
1,904
1,054
547
3,023
4,256
-5,214
-1,664
-1,664
Net Income, GAAP
- -
- -
- -
- -
- -
- -
25.54
25.39
- -
- -
35.23
Effective Tax Rate (%)
2.38
7.03
13.23
20.58
10.03
4.04
14.71
15.14
-20.7
-6.63
-6.65
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
20,528
16,746
17,024
10,403
15,480
22,568
26,802
25,725
14,057
27,527
27,527
LT Debt
3,058
3,433
8,937
10,841
13,521
14,116
17,150
24,918
19,490
17,865
17,865
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
8.5
21.28
32.52
14.94
7.17
34.31
36.01
-47.86
-25.17
-25.17
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
516
- -
516
Market Capitalization
14,924
13,691
10,191

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
10,256
- -
11,745
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
8.21%
-8.34%
Free Cash Flow
- -
-70.45%
-174.2%
Net Income, GAAP
- -
30.89%
-68.09%
Sales/Revenue/Turnover
- -
21.33%
-0.31%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,785
6,755
7,170
7,189
28,114
2025
7,036
6,370
5,989
5,791
25,186
2026
5,730
5,092
7,017
7,191
25,108

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.52
2.72
2.43
- -
8.96
2025
1.22
-3.69
-4.1
-3.56
-10.13
2026
-1.58
-2.25
0.14
0.46
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.7
2026
- -
- -
- -
- -
- -
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Business
ESAF Small Finance Bank Ltd (ESAFSFB.BO) operates as a scheduled small finance bank focused on providing banking services and small loans to underbanked and rural customers in India. The bank offers a comprehensive range of products and services including micro loans, retail loans such as gold loans, mortgage loans, mobility loans and agricultural loans, loans to micro, small and medium enterprises (MSMEs), loans to financial institutions, corporate loans, savings accounts including the Rainbow Savings Account for the transgender community, deposits, debit cards, internet banking, mobile banking, WhatsApp banking, doorstep delivery services and bill payment services; it holds an RBI Authorised Dealer Category I license for foreign exchange dealings. Headquartered in Thrissur, Kerala and founded in 1992 as an NGO before transitioning to a small finance bank in 2017 via RBI license, the bank maintains approximately 788 branches across 24 states and union territories with a focus on financial inclusion for low-income and marginalised segments. Recent developments include plans to raise Rs 300-500 crore in Tier-1 capital approved in September 2025 to support growth and maintain capital adequacy amid a de-risking strategy that reduced unsecured micro loans from 67% to 46% of the portfolio, expansion into secured retail lending segments, a partnership with SugarCRM in 2025 to enhance digital banking for over 9 million customers, a strategic alliance with Maruti Suzuki India for vehicle financing targeting tier-II and tier-III cities, board approval for a Rs 735 crore bad loan sale to an asset reconstruction company, mobilisation of Rs 135 crore from anchor investors and implementation of e-signatures for micro loan disbursals alongside opening of its 700th branch in 2023. The bank continues to prioritise asset quality improvements and geographic diversification away from high concentration in Kerala while navigating sector-wide stresses in microfinance.