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 Revenues for Equitas Small Finance Bank Limited are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
currentRatio
0.968000
forwardPE
9.122806
debtToEquity
35.191000
earningsGrowth
-0.796000
revenueGrowth
0.028000
grossMargins
1.000000
operatingMargins
0.295110
trailingEps
1.290000
forwardEps
0.000000
EQUITASBNK's low earnings and revenue growth highlight potential profit shrinkage. This suggests that the company may struggle to maintain its financial performance, raising concerns about its future profitability. Positive gross and operating margins for Equitas Small Finance Bank Limited demonstrate the company's profitability. These margins reflect strong financial performance, with efficient operations contributing to the company's ability to generate consistent profits.
Price projections:
Price projections for EQUITASBNK Over time, EQUITASBNK's price projections have been gradually lowered, signaling declining confidence in the company's future outlook. The downward revisions suggest analysts are becoming more cautious about EQUITASBNK's potential for growth.
Recommendation changes over time:
Recommendations trend for EQUITASBNK
Analysts have maintained a buy bias for Equitas Small Finance Bank Limited, which could prompt investors to consider the stock as a viable investment. With this positive outlook, Equitas Small Finance Bank Limited is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An in-depth examination of the factors contributing to the U.S. dollar's multi-year...
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.