Equitas reports resilient Q1FY27 growth but faces margin pressure from rising funding costs. Management is pivotally shifting to higher-yield segments and NRI deposits to mitigate NIM compression.
Equitas SFB reports a turnaround with PAT at ₹184 Cr in Q1FY27 vs a loss in Q1FY26. Strategy focuses on diversifying advances and maintaining a stable liability profile.
Equitas Small Finance Bank reports FY26 gross advances of ₹46,165 Cr (23% CAGR since inception) and deposits of ₹46,533 Cr (42% CAGR). Strategic focus is on semi-formal/informal segments and reducing Tamil Nadu concentration.
Equitas SFB reported Q4FY26 PAT of ₹213 Cr, a 406% YoY increase, driven by a 57 bps NIM expansion to 7.29% and significant improvement in MFI asset quality.
Equitas Small Finance Bank reported a record quarterly PAT of ₹213 Cr in Q4FY26, driven by a significant NIM expansion to 7.29% and a decline in credit costs to 1.11%.
Equitas SFB reported record Q4 performance with PAT of ₹213 crore and NIM expansion to 7.29%. The bank is transitioning towards a 10% Microfinance mix, focusing on product-level profitability and universal banking license eligibility.
Equitas reported record quarterly PAT of ₹213cr, driven by improved asset quality and NIM expansion, despite shifting portfolio mix and rising funding costs.
Equitas SFB reported record Q4FY26 PAT of ₹213 Cr, a 406% YoY increase. Performance was driven by robust credit growth (22% YoY) and significant NIM expansion to 7.29%.