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5398

Equitas HoldingsBSE:539844 Stock Report

Market Cap

₹40.8b

7D

-3.8%

1Y

145.1%

Updated

23 Sep, 2021

Data

Company Financials +
539844 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance5/6
Financial Health4/6
Dividends3/6

539844 Overview

Equitas Holdings Limited, through its subsidiaries, operates as a non-banking financial institution in India.

Equitas Holdings Competitors

Shriram Transport Finance

BSE:511218

₹371.4b

Mahindra & Mahindra Financial Services

NSEI:M&MFIN

₹227.9b

Spandana Sphoorty Financial

NSEI:SPANDANA

₹38.1b

L&T Finance Holdings

BSE:533519

₹213.3b

Price History & Performance

Summary of all time highs, changes and price drops for Equitas Holdings
Historical stock prices
Current Share Price₹119.25
52 Week High₹40.35
52 Week Low₹138.40
Beta1.12
1 Month Change-1.08%
3 Month Change26.26%
1 Year Change145.12%
3 Year Change-5.99%
5 Year Change-29.48%
Change since IPO-11.83%

Recent News & Updates

Shareholder Returns

539844IN Consumer FinanceIN Market
7D-3.8%2.5%0.3%
1Y145.1%105.4%71.8%

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.

Price Volatility

Is 539844's price volatile compared to industry and market?
539844 volatility
539844 Beta1.12
Industry Beta1.25
Market Beta1

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

FoundedEmployeesCEOWebsite
200716,629A. Alexhttps://www.equitas.in

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

How do Equitas Holdings's earnings and revenue compare to its market cap?
539844 fundamental statistics
Market Cap₹40.76b
Earnings (TTM)₹4.34b
Revenue (TTM)₹21.14b

9.4x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
539844 income statement (TTM)
Revenue₹21.14b
Cost of Revenue₹217.40m
Gross Profit₹20.93b
Expenses₹16.58b
Earnings₹4.34b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)13.14
Gross Margin98.97%
Net Profit Margin20.54%
Debt/Equity Ratio140.6%

How did 539844 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

23%

Payout Ratio

Valuation

Is Equitas Holdings undervalued compared to its fair value and its price relative to the market?

9.39x

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).


Future Growth

How is Equitas Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

29.2%

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%).


Past Performance

How has Equitas Holdings performed over the past 5 years?

27.2%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Equitas Holdings's current dividend yield, its reliability and sustainability?

3.35%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

A. Alex (64 yo)

1.83yrs

Tenure

₹7,425,000

Compensation

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.


Leadership Team

Experienced Management: 539844's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: 539844's board of directors are considered experienced (5.4 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Equitas Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Equitas Holdings Limited
  • 410A, Spencer Plaza
  • 4th Floor
  • Chennai
  • Tamil Nadu
  • 600002
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 16:01
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.