Equitas Small Finance Bank Future Growth

Future criteria checks 4/6

Equitas Small Finance Bank is forecast to grow earnings and revenue by 28.5% and 18.1% per annum respectively. EPS is expected to grow by 27.2% per annum. Return on equity is forecast to be 15.2% in 3 years.

Key information

28.5%

Earnings growth rate

27.2%

EPS growth rate

Banks earnings growth	8.5%
Revenue growth rate	18.1%
Future return on equity	15.2%
Analyst coverage	Good
Last updated	08 Oct 2024

Recent future growth updates

Recent updates

Equitas Small Finance Bank (NSE:EQUITASBNK) Is Due To Pay A Dividend Of ₹1.00

Jul 30

Is Now The Time To Put Equitas Small Finance Bank (NSE:EQUITASBNK) On Your Watchlist?

May 03

Should You Be Adding Equitas Small Finance Bank (NSE:EQUITASBNK) To Your Watchlist Today?

Dec 13

Does Equitas Small Finance Bank (NSE:EQUITASBNK) Deserve A Spot On Your Watchlist?

Sep 08

Here's Why We Think Equitas Small Finance Bank (NSE:EQUITASBNK) Might Deserve Your Attention Today

May 05

How Many Equitas Small Finance Bank Limited (NSE:EQUITASBNK) Shares Do Institutions Own?

Feb 02

Earnings and Revenue Growth Forecasts

NSEI:EQUITASBNK - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	65,589	13,459	N/A	N/A	6
3/31/2026	54,989	10,444	N/A	N/A	15
3/31/2025	45,023	6,776	N/A	N/A	15
6/30/2024	39,741	6,335	N/A	N/A	N/A
3/31/2024	38,782	7,990	39,343	42,979	N/A
12/31/2023	37,978	7,814	N/A	N/A	N/A
9/30/2023	36,073	7,495	67	4,825	N/A
6/30/2023	34,150	6,678	N/A	N/A	N/A
3/31/2023	32,144	5,736	-12,633	-9,977	N/A
12/31/2022	29,696	5,031	-102	1,158	N/A
9/30/2022	28,444	4,410	-16,815	-15,557	N/A
6/30/2022	27,256	3,658	N/A	N/A	N/A
3/31/2022	25,764	2,807	667	1,595	N/A
12/31/2021	25,024	2,741	N/A	N/A	N/A
9/30/2021	24,604	2,767	47,531	48,097	N/A
6/30/2021	23,467	3,385	N/A	N/A	N/A
3/31/2021	22,160	3,842	19,940	20,439	N/A
12/31/2020	20,869	3,144	N/A	N/A	N/A
9/30/2020	19,260	2,978	-8,963	-8,303	N/A
6/30/2020	18,064	2,480	N/A	N/A	N/A
3/31/2020	17,779	2,436	3,652	4,396	N/A
12/31/2019	16,693	2,661	N/A	N/A	N/A
9/30/2019	15,894	2,375	8,667	9,295	N/A
6/30/2019	15,121	2,240	13,092	13,664	N/A
3/31/2019	14,347	2,106	17,477	17,993	N/A
12/31/2018	13,213	1,476	N/A	N/A	N/A
9/30/2018	12,079	846	N/A	N/A	N/A
6/30/2018	11,549	582	N/A	N/A	N/A
3/31/2018	11,019	318	N/A	2,105	N/A
12/31/2017	10,602	552	N/A	N/A	N/A
9/30/2017	10,160	787	N/A	N/A	N/A
6/30/2017	8,916	914	N/A	N/A	N/A
3/31/2017	7,685	1,041	N/A	13,469	N/A
12/31/2016	6,261	1,037	N/A	N/A	N/A
9/30/2016	4,414	1,032	N/A	N/A	N/A
6/30/2016	3,610	942	N/A	N/A	N/A
3/31/2016	3,241	851	N/A	-3,361	N/A
12/31/2015	2,709	720	N/A	N/A	N/A
9/30/2015	2,177	589	N/A	N/A	N/A
6/30/2015	1,868	465	N/A	N/A	N/A
3/31/2015	1,559	342	N/A	-7,790	N/A
12/31/2014	1,452	278	N/A	N/A	N/A
9/30/2014	1,323	192	N/A	N/A	N/A
6/30/2014	1,132	188	N/A	N/A	N/A
3/31/2014	773	158	N/A	-5,131	N/A
12/31/2013	632	166	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EQUITASBNK's forecast earnings growth (28.5% per year) is above the savings rate (6.7%).

Earnings vs Market: EQUITASBNK's earnings (28.5% per year) are forecast to grow faster than the Indian market (18.1% per year).

High Growth Earnings: EQUITASBNK's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: EQUITASBNK's revenue (18.1% per year) is forecast to grow faster than the Indian market (10.2% per year).

High Growth Revenue: EQUITASBNK's revenue (18.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: EQUITASBNK's Return on Equity is forecast to be low in 3 years time (15.2%).

Equitas Small Finance Bank Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 10.0% to ₹109

Price target increased by 7.5% to ₹114

Price target increased by 7.6% to ₹95.50

Price target increased by 12% to ₹83.77

Price target increased by 8.6% to ₹72.69

Price target decreased to ₹62.20

Recent updates

Equitas Small Finance Bank Limited to Report Q2, 2025 Results on Nov 08, 2024

Now 22% overvalued

Equitas Small Finance Bank Limited Announces Cessation of N Balakrishnan as Independent Director

Equitas Small Finance Bank Limited Announces Cessation of Arun Kumar Verma as an Independent Director of the Bank

Equitas Small Finance Bank (NSE:EQUITASBNK) Is Due To Pay A Dividend Of ₹1.00

Price target decreased by 10.0% to ₹109

Dividend of ₹1.00 announced

Equitas Small Finance Bank Limited, Annual General Meeting, Sep 10, 2024

Equitas Small Finance Bank Limited to Report Q1, 2025 Results on Jul 26, 2024

Equitas Small Finance Bank Limited Approves Appointment of Anil Kumar Sharm as Independent Director

Is Now The Time To Put Equitas Small Finance Bank (NSE:EQUITASBNK) On Your Watchlist?

High number of new directors

Equitas Small Finance Bank Limited Announces Cessation of Arun Ramanathan as Independent Director

Equitas Small Finance Bank Limited Announces Cessation of Arun Ramanathan as Part-Time Chairman and Independent Director

Equitas Small Finance Bank Limited to Report Q4, 2024 Results on Apr 24, 2024

Equitas Small Finance Bank Limited Announces Resignation of Narayanan E as Chief Information Officer, Effective July 04, 2024

Now 22% overvalued after recent price rise

New minor risk - Shareholder dilution

Equitas Small Finance Bank Limited to Report Q3, 2024 Results on Jan 25, 2024

Should You Be Adding Equitas Small Finance Bank (NSE:EQUITASBNK) To Your Watchlist Today?

Equitas Small Finance Bank Limited Announces Chief Compliance Officer Changes

Price target increased by 7.5% to ₹114

Equitas Small Finance Bank Limited to Report Q2, 2024 Results on Oct 19, 2023

Does Equitas Small Finance Bank (NSE:EQUITASBNK) Deserve A Spot On Your Watchlist?

Equitas Small Finance Bank Limited to Report Q1, 2024 Results on Jul 28, 2023

Price target increased by 7.6% to ₹95.50

Equitas Small Finance Bank Limited, Annual General Meeting, Aug 29, 2023

Price target increased by 12% to ₹83.77

Equitas Small Finance Bank Limited Recommends Maiden Dividend for Fiscal Year 2023

Here's Why We Think Equitas Small Finance Bank (NSE:EQUITASBNK) Might Deserve Your Attention Today

Insider recently sold ₹39m worth of stock

Investor sentiment improves as stock rises 18%

Price target increased by 8.6% to ₹72.69

Equitas Small Finance Bank Limited to Report Q3, 2023 Results on Feb 08, 2023

High number of new directors

Equitas Small Finance Bank Limited to Report Q2, 2023 Results on Oct 31, 2022

Price target decreased to ₹62.20

Equitas Small Finance Bank Limited to Report Q1, 2023 Results on Jul 28, 2022

Equitas Small Finance Bank Limited Announces Company Secretary Change

Equitas Small Finance Bank Limited, Annual General Meeting, Jul 19, 2022

High number of new directors

Investor sentiment deteriorated over the past week

Price target decreased to ₹70.11

Equitas Small Finance Bank Announces Board Appointments

Equitas Small Finance Bank Limited has completed a Follow-on Equity Offering in the amount of INR 5.5 billion.

Non-Executive Independent Director Sridhar Ganesh has left the company

Investor sentiment improved over the past week

Insider recently sold ₹106m worth of stock

Non-Executive Independent Director recently sold ₹4.2m worth of stock

Equitas Small Finance Bank Limited Announces Resignation of Alok Gupta as Chief Risk Officer

Executive VP & Chief Risk Officer has left the company

Investor sentiment improved over the past week

New 90-day high: ₹59.60

Equitas Small Finance Bank Partners with Msrdc and Ocean Highway Facilities & Solutions Pvt. Ltd. for Country's 1St Fastag Powered Truck Terminal At Khalapur, Maharashtra

Investor sentiment improved over the past week

New 90-day high: ₹43.00

How Many Equitas Small Finance Bank Limited (NSE:EQUITASBNK) Shares Do Institutions Own?

Equitas Small Finance Bank Limited to Report Q3, 2021 Results on Jan 28, 2021

Equitas Small Finance Bank Limited Announces Resignation of Nagarajan Srinivasan as Non-Executive Non Independent Director

Equitas Small Finance Bank Launches `EVA' - A Unique Savings Account

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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