Equitas Small Fin. Stock Price Analysis and Quick Research Report. Is Equitas Small Fin. an attractive stock to invest in?

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Equitas Small Fin. stock price today is Rs 68.42. Let’s look at how Equitas Small Fin. is performing and if it is the right time to buy the stock of Equitas Small Fin. with detailed analysis.

•  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. Equitas Small Fin. has earned Rs 5486.4034 Cr. revenue in the latest financial year. Equitas Small Fin. has posted outstanding revenue growth of 19.7562253195292 % in last 3 Years.

• In terms of advances, Equitas Small Fin. reported 20.0234 % YOY,  rise . If you see 3 years advance growth, it stands at 22.4905768241126 %.

• Currently, Equitas Small Fin. has a CASA ratio of 31.9753 %. It’s overall cost of liability stands at 6.3472 %. Also, the total deposits of Equitas Small Fin. from these accounts stood at Rs 36129.2022 Cr.

• Equitas Small Fin. has a healthy ROA track record. The ROA of Equitas Small Fin. is at 1.9909 %.

• The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 2.61 % and 1.17 % respectively as on the latest financial year.

• One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -22.8299324405632 % which means it has decreased from the previous year.

• Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of Equitas Small Fin. surged and is currently at Rs 798.6706 Cr.

• Equitas Small Fin. has a inadequate Capital Adequacy Ratio of 0 .

• The best metric which provides insights about bank’s valuation is P/B ratio. Currently Equitas Small Fin. is trading at a P/B of 1.2838 . The historical average PB of Equitas Small Fin. was 1.34757931087292.

• Share Price: - The current share price of Equitas Small Fin. is Rs 68.42. One can use valuation calculators of ticker to know if Equitas Small Fin. share price is undervalued or overvalued.