Equitas Holdings Limited, through its subsidiaries, operates as a non-banking financial institution in India.
High growth potential with acceptable track record.
Share Price & News
How has Equitas Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 539844 has not had significant price volatility in the past 3 months.
7 Day Return
IN Consumer Finance
1 Year Return
IN Consumer Finance
Return vs Industry: 539844 underperformed the Indian Consumer Finance industry which returned 51.3% over the past year.
Return vs Market: 539844 underperformed the Indian Market which returned 5.2% over the past year.
Price Volatility Vs. Market
How volatile is Equitas Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Equitas Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 539844 (₹113.85) is trading above our estimate of fair value (₹87.62)
Significantly Below Fair Value: 539844 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 539844 is poor value based on its PE Ratio (16.8x) compared to the Consumer Finance industry average (14.6x).
PE vs Market: 539844 is poor value based on its PE Ratio (16.8x) compared to the Indian market (13x).
Price to Earnings Growth Ratio
PEG Ratio: 539844 is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: 539844 is overvalued based on its PB Ratio (1.5x) compared to the IN Consumer Finance industry average (0.7x).
How is Equitas Holdings forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 539844's forecast earnings growth (39.5% per year) is above the savings rate (6.5%).
Earnings vs Market: 539844's earnings (39.5% per year) are forecast to grow faster than the Indian market (20.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 539844's revenue (23.9% per year) is forecast to grow faster than the Indian market (9% per year).
High Growth Revenue: 539844's revenue (23.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 539844's Return on Equity is forecast to be low in 3 years time (16.8%).
How has Equitas Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 539844 has a large one-off loss of ₹1.0B impacting its December 31 2019 financial results.
Growing Profit Margin: 539844's current net profit margins (14.1%) are lower than last year (14.6%).
Past Earnings Growth Analysis
Earnings Trend: 539844's earnings have grown by 5.7% per year over the past 5 years.
Accelerating Growth: 539844's earnings growth over the past year (27.1%) exceeds its 5-year average (5.7% per year).
Earnings vs Industry: 539844 earnings growth over the past year (27.1%) exceeded the Consumer Finance industry 14.2%.
Return on Equity
High ROE: 539844's Return on Equity (9.1%) is considered low.
How is Equitas Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 539844 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 539844's debt is covered by short term assets (assets are 3.3x debt).
Financial Institutions Analysis
Asset Level: 539844's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 539844 has a sufficient allowance for bad loans.
Low Risk Liabilities: 539844 reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 539844 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 539844 has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 539844 has an appropriate level of bad loans.
What is Equitas Holdings's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 539844's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 539844's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 539844's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 539844's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 539844's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
A. Alex 0
Mr. A. John Alex serves as Executive Director and Chief Executive Officer of Equitas Holdings Limited since November 8, 2019. He serves as Executive Vice President of Inclusive Banking at Equitas Micro Fin ...
|Chief Financial Officer||2.5yrs||₹1.62m||0.00035% ₹137.0k|
|Company Secretary||1.3yrs||₹749.46k||no data|
|CEO & Director||0.3yrs||no data||no data|
|President and Country Head of Branch Banking||0yrs||no data||no data|
|Head of Strategy||0yrs||no data||no data|
|Group Head of Human Resources||5.8yrs||no data||no data|
|Chief Executive Officer of Equitas Micro Finance Limited||5yrs||no data||0.0042% ₹1.6m|
|Chief Executive Officer of Equitas Finance Limited||5.1yrs||no data||no data|
|Executive VP & Head of Treasury - Equitas Small Finance Bank Ltd.||0yrs||no data||no data|
Experienced Management: 539844's management team is considered experienced (3.8 years average tenure).
|CEO & Director||0.3yrs||no data||no data|
|Independent Non Executive Chairman||12.6yrs||₹666.87k||no data|
|Independent Non-Executive Director||0.3yrs||₹6.33m||0.41% ₹160.9m|
|Independent Director||5.3yrs||₹595.94k||no data|
|Non-Executive & Independent Director||2.3yrs||₹931.40k||no data|
|Independent Director||8.3yrs||₹220.94k||no data|
|Independent Director||8.3yrs||₹425.00k||no data|
|Non-Executive Independent Director||0.5yrs||no data||no data|
Experienced Board: 539844's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Equitas Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Equitas Holdings Limited
- Ticker: 539844
- Exchange: BSE
- Founded: 2007
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: ₹39.152b
- Shares outstanding: 341.79m
- Website: https://www.equitas.in
Number of Employees
- Equitas Holdings Limited
- 410A, Spencer Plaza
- 4th Floor
- Tamil Nadu
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|539844||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Apr 2016|
|EQUITAS||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Apr 2016|
|639844||BSE (Mumbai Stock Exchange)||INR10 (FOREIGN PREMIUM)||IN||INR||Apr 2017|
Equitas Holdings Limited, through its subsidiaries, operates as a non-banking financial institution in India. The company operates in Banking and Finance, and Others segments. It accepts current and savings accounts, and term deposits; and offers micro finance loans, vehicle finance, housing finance, micro and small enterprises loans, agri loans, gold loans, business loans, etc. The company also offers online freight facilitation services under the Wowtruck brand name. It serves individuals, and micro and small enterprises. Equitas Holdings Limited was founded in 2007 and is based in Chennai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 13:29|
|End of Day Share Price||2020/02/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.