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ESAF Small Finance Bank

ESAF Small Finance Bank

ESAFSFB.NS
ESAF Small Finance BankIN flagNational Stock Exchange of India
34.49
INR
+0.34
- -
17.80BMarket Cap
ESAF Small Finance Bank
ESAFSFB.NS
(National Stock Exchange of India)

Recent

price

34.49

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
48.74
48.88
Revenue per Share
0.01
0.52
1.75
3.7
2.05
1.06
5.87
8.96
-10.13
-3.23
-3.25
Basic EPS, GAAP
-25.37
10.4
-5.39
20.12
20.94
-12.4
-12.48
19.56
58.75
-43.55
- -
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
10.01
10.07
Book Value per Share
5.94
6.67
17.36
21.06
26.26
27.42
33.32
52.44
37.87
34.68
34.89
Tangible Book Value per Share
515
515
515
515
515
515
515
475
515
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
14,939
13,671
10,170

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
-3.23

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.NS) operates as a small finance bank in India focused on financial inclusion for underbanked and rural populations; it provides a comprehensive suite of banking products and services including savings accounts, current accounts, NRI accounts, fixed deposits, recurring deposits, term deposits, personal loans, microfinance loans, micro housing loans, loans against property, business loans, agriculture loans, sanitation loans, water loans, micro-energy loans, ultra-poor microfinance loans, home improvement loans, education loans, debit cards, and third-party financial product distribution; the bank also offers para-banking activities such as foreign currency non-resident deposit accounts. Headquartered in Thrissur, Kerala, and founded in 1992 as an NGO before transitioning to a non-banking finance company and receiving its small finance bank license from the Reserve Bank of India in March 2017 with operations commencing in January 2018, ESAF maintains a nationwide presence across multiple states with over 400 branches serving micro, retail, and corporate segments primarily targeting low-income households, entrepreneurs, farmers, and MSMEs. In recent developments, the bank plans to raise Rs 300-500 crore in tier-1 capital to bolster its capital adequacy ratio amid consecutive net losses and a decline in tier-1 capital to 18.4% as of June 2025; it has strategically reduced unsecured microloans from 67% to 46% of its portfolio while expanding secured lending in gold loans, mortgage loans, mobility loans, and agriculture loans; additionally, retail deposits crossed Rs 22,894 crore, up 59% year-over-year, and the Reserve Bank of India rejected Dia Vikas Capital's proposal to acquire over 5% stake in October 2025.