ESAF Small Finance Bank Ltd
Incorporated in 1992, ESAF is a Small Finance Bank mainly focusing on providing loans to rural and semi-urban customers.[1]
- Market Cap ₹ 3,176 Cr.
- Current Price ₹ 61.7
- High / Low ₹ 82.4 / 53.2
- Stock P/E 6.57
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 7.71 %
- ROE 19.4 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 11.2% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Banks Industry: Banks - Private Sector
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|
Revenue | 1,032 | 1,413 | 1,641 | 1,940 | 2,854 | 3,590 |
Interest | 458 | 621 | 720 | 793 | 1,017 | 1,312 |
538 | 646 | 879 | 1,248 | 1,676 | 2,016 | |
Financing Profit | 35 | 146 | 43 | -101 | 160 | 262 |
Financing Margin % | 3% | 10% | 3% | -5% | 6% | 7% |
109 | 133 | 127 | 208 | 288 | 386 | |
Depreciation | 17 | 23 | 29 | 33 | 42 | 0 |
Profit before tax | 127 | 256 | 141 | 74 | 406 | 648 |
Tax % | 29% | 26% | 25% | 26% | 26% | |
90 | 190 | 105 | 55 | 302 | 484 | |
EPS in Rs | 2.11 | 4.45 | 2.34 | 1.22 | 6.73 | 10.45 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 26% |
TTM: | 47% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 17% |
TTM: | 453% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 11% |
Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Equity Capital | 428 | 428 | 449 | 449 | 449 |
Reserves | 466 | 656 | 903 | 962 | 1,266 |
6,019 | 8,232 | 10,693 | 15,768 | 18,020 | |
145 | 154 | 293 | 528 | 489 | |
Total Liabilities | 7,058 | 9,470 | 12,339 | 17,708 | 20,224 |
86 | 116 | 133 | 159 | 188 | |
CWIP | 4 | 4 | 6 | 0 | 0 |
Investments | 1,531 | 1,734 | 1,932 | 4,070 | 4,889 |
5,438 | 7,616 | 10,268 | 13,478 | 15,147 | |
Total Assets | 7,058 | 9,470 | 12,339 | 17,708 | 20,224 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
-239 | 1,089 | 1,127 | -584 | -573 | |
-171 | -635 | -638 | -982 | -573 | |
488 | -499 | 653 | 1,259 | 401 | |
Net Cash Flow | 78 | -45 | 1,143 | -308 | -745 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
ROE % | 19% | 9% | 4% | 19% |
Documents
Announcements
- Board Meeting Intimation for Approval Of The Audited Standalone Financial Results For The Financial Year Ended On March 31, 2024, To Recommend Dividend, If Any, To Approve And Recommend Amendment To The Articles Of Association Of The Bank And Fund Raising. 8h
- Compliance Certificate Under Regulation 40(9) And 61(4) Of SEBI (LODR) Regulations, 2015 16 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2024
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024 5 Apr
-
Announcement Under Regulation 30 (LODR) - Credit Rating
5 Apr - Rating action of Brickwork Ratings (BWR) dated April 04, 2024 on Tier II Bonds
Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
History[1] Promoted by ESAF Financial Holdings Pvt Ltd (“EFHPL”), ESAF Small Finance Bank (“ESAF SFB”) was granted RBI’s Approval to carry on business as an SFB, on November 18, 2016. The “ESAF” brand has been built over more than 27 years, beginning in 1995 when the ESAF Foundation started its microloan activities.