Equitas Holdings Limited, through its subsidiaries, operates as a non-banking financial institution in India.
Equitas Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹119.25|
|52 Week High||₹40.35|
|52 Week Low||₹138.40|
|1 Month Change||-1.08%|
|3 Month Change||26.26%|
|1 Year Change||145.12%|
|3 Year Change||-5.99%|
|5 Year Change||-29.48%|
|Change since IPO||-11.83%|
Recent News & Updates
|539844||IN Consumer Finance||IN Market|
Return vs Industry: 539844 exceeded the Indian Consumer Finance industry which returned 94.9% over the past year.
Return vs Market: 539844 exceeded the Indian Market which returned 65.2% over the past year.
Stable Share Price: 539844 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 539844's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
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.
Equitas Holdings Fundamentals Summary
|539844 fundamental statistics|
Is 539844 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|539844 income statement (TTM)|
|Cost of Revenue||₹217.40m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||13.14|
|Net Profit Margin||20.54%|
How did 539844 perform over the long term?See historical performance and comparison
3.4%Current Dividend Yield
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 (₹119.25) is trading above our estimate of fair value (₹85.09)
Significantly Below Fair Value: 539844 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 539844 is good value based on its PE Ratio (9.4x) compared to the Indian Consumer Finance industry average (20.2x).
PE vs Market: 539844 is good value based on its PE Ratio (9.4x) compared to the Indian market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: 539844 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: 539844 is overvalued based on its PB Ratio (1.3x) compared to the IN Consumer Finance industry average (0.8x).
How is Equitas Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 539844's forecast earnings growth (29.2% per year) is above the savings rate (6.8%).
Earnings vs Market: 539844's earnings (29.2% per year) are forecast to grow faster than the Indian market (18.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 539844's revenue (18.8% per year) is forecast to grow faster than the Indian market (12.6% per year).
High Growth Revenue: 539844's revenue (18.8% per year) is forecast to grow slower 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 (17.2%).
How has Equitas Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 539844 has high quality earnings.
Growing Profit Margin: 539844's current net profit margins (20.5%) are higher than last year (11.9%).
Past Earnings Growth Analysis
Earnings Trend: 539844's earnings have grown significantly by 27.2% per year over the past 5 years.
Accelerating Growth: 539844's earnings growth over the past year (135.3%) exceeds its 5-year average (27.2% per year).
Earnings vs Industry: 539844 earnings growth over the past year (135.3%) exceeded the Consumer Finance industry 3.3%.
Return on Equity
High ROE: 539844's Return on Equity (12.9%) is considered low.
How is Equitas Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 539844's short term assets (₹210.1B) exceed its short term liabilities (₹191.3B).
Long Term Liabilities: 539844's short term assets (₹210.1B) exceed its long term liabilities (₹27.8B).
Debt to Equity History and Analysis
Debt Level: 539844's debt to equity ratio (140.6%) is considered high.
Reducing Debt: 539844's debt to equity ratio has reduced from 348% to 140.6% over the past 5 years.
Debt Coverage: 539844's debt is well covered by operating cash flow (53.1%).
Interest Coverage: Insufficient data to determine if 539844's interest payments on its debt are well covered by EBIT.
What is Equitas Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 539844's dividend (3.35%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: 539844's dividend (3.35%) is in the top 25% of dividend payers in the Indian market (1.47%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 539844's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 539844's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.8%), 539844's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
A. Alex (64 yo)
Mr. A. John Alex serves as Executive Director and Chief Executive Officer of Equitas Holdings Limited since November 8, 2019. He served as Executive Vice President of Inclusive Banking at Equitas Small Fin...
CEO Compensation Analysis
Compensation vs Market: A.'s total compensation ($USD100.61K) is below average for companies of similar size in the Indian market ($USD305.76K).
Compensation vs Earnings: A.'s compensation has increased by more than 20% in the past year.
Experienced Management: 539844's management team is seasoned and experienced (5.3 years average tenure).
Experienced Board: 539844's board of directors are considered experienced (5.4 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 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: ₹40.758b
- Shares outstanding: 341.79m
- Website: https://www.equitas.in
Number of Employees
- Equitas Holdings Limited
- 410A, Spencer Plaza
- 4th Floor
- Tamil Nadu
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 16:01|
|End of Day Share Price||2021/09/23 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.