| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 949.89 | 4.7% |
| Total Income | 1.1K | 2.9% |
| Expenditure | 934.40 | 1.6% |
| PBT | -282.39 | 10.9% |
| Net Profit | -210.90 | 11.0% |
| OPM | — | |
| NPM | -19.86% | 2.47pp |
| EPS | -4.10 | 11.1% |
ESAF Small Finance Bank Reports Strong Growth in Secured Assets and CASA Deposits
11 Feb 2025 · 11 Feb 2025, 03:36 am
Summary
ESAF Small Finance Bank announced its financial results for the third quarter and nine months of FY 2025, highlighting strong growth in secured assets, a significant rise in CASA deposits, and proactive provisioning to strengthen its balance sheet. The Bank reported a Net Interest Income (NII) of 487 Crore, with a Net Interest Margin (NIM) of 8.64%. The Bank reported a loss of 211 crore, while setting aside higher provisions for stressed assets impacted profitability.
Key Highlights
- 1
Net Interest Income (NII) of 487 Crore with a Net Interest Margin (NIM) of 8.64%
- 2
Secured loan disbursements surged by 172% YoY, reaching 34,226 crore in the nine months of FY25
- 3
CASA deposits recorded a strong 57% YoY growth, rising to 5,592 crore in Q3 FY25 from 23,562 crore in Q3 FY24
- 4
Provision Coverage Ratio (PCR) increased to 78.58% as of December 2024 from 73.70% in September 2024
- 5
Total business expanded by 12.3% YoY to 41,576 crores
Management Comments
K. Paul Thomas
We have registered strong growth in total business and witnessed a significant rise in CASA deposits. 92% of our deposits are retail, reflecting our financial stability. We remain confident in improving asset quality over the next one to two quarters, driven by our commitment to responsible lending and diversification to mitigate concentration risks. Additionally, our focus on technological advancements will enhance operational efficiency and elevate customer experience.
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