Equitas Small Finance Bank Limited provides various banking products and services to for individuals and corporates, as well as micro, small, and medium enterprises in India. The company operates through Treasury, Corporate / Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers fixed and recurring deposit products; and savings, salary, business, and current accounts, as well as trust, association, society, and club accounts. The company also provides loans against property; gold, home, used and new car, business, and MSME loans; commercial vehicle finance, merchant overdraft, and MSME loans monitoring services; overdraft against deposits; investment services; general, life, and health insurances; pension schemes; payments and collection solutions; retail forex services; fund transfer services; and debit cards. In addition, it offers online, mobile, and doorstep banking services. It operates various banking outlets and ATMs. The company was formerly known as Equitas Finance Limited. Equitas Small Finance Bank Limited was incorporated in 1993 and is based in Chennai, India.
Revenue projections:
Revenue projections for EQUITASBNK EQUITASBNK's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
currentRatio
0.968000
forwardPE
10.635672
debtToEquity
58.933000
earningsGrowth
0.909000
revenueGrowth
-0.037000
grossMargins
0.950030
operatingMargins
0.239930
trailingEps
-0.800000
forwardEps
0.000000
EQUITASBNK's Forward PE ratio is favorable, indicating that the stock price is well-positioned in relation to its earnings. It is not overpriced, leaving room for growth, which makes it a solid option for investors seeking both stability and future appreciation. EQUITASBNK's positive gross and operating margins reflect strong financial performance. These metrics indicate that the company is efficiently managing its operations and generating healthy profits, contributing to a solid financial position.
Price projections:
Price projections for EQUITASBNK EQUITASBNK's price has consistently hovered near the lower end of price projections. This trend suggests that the stock is underperforming relative to analyst expectations, indicating a potential lack of momentum for upward movement in the near future.
Recommendation changes over time:
Recommendations trend for EQUITASBNK
A recent buy bias from analysts toward EQUITASBNK indicates strong confidence in the stock's future performance. This could encourage investors to park their money in EQUITASBNK, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An analysis of how sticky inflation and natural disaster risks are creating...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.