Equitas Small Finance Bank Ltd

Equitas Small Finance Bank Limited has announced a special one-year window for shareholders to re-lodge transfer requests for physical shares. This initiative, in compliance with SEBI Circular HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, addresses shares sold/purchased before April 01, 2019, that were rejected or unprocessed due to documentation issues. The window is open from February 05, 2026, to February 04, 2027. The bank has disseminated this information through its official social media channels on LinkedIn and X, providing web links for further details.

Equitas Small Finance Bank Limited announced its unaudited financial results for the quarter ended June 30, 2026. The bank reported a strong profitability with a Net Profit (PAT) of ₹184 Crore in Q1FY27, a significant turnaround from a loss of ₹224 Crore in Q1FY26. Gross Advances grew by 27% YoY and 3% QoQ, with overall disbursements reaching ₹6,784 Crore, a 93% YoY growth. Deposits increased by 10% YoY and 5% QoQ, maintaining a CASA ratio of 25%. Asset quality improved with GNPA reducing by 13 bps QoQ to 2.36%, while NNPA saw a slight increase of 2 bps QoQ to 0.70%. Credit cost declined significantly to 1.37% from 6.48% in Q1FY26.

Equitas Small Finance Bank Limited's Board of Directors has considered and approved the Unaudited Financial Results for the quarter ended June 30, 2026. The results were recommended by the Audit Committee. The bank also confirmed full utilization of Non-Convertible Debentures (NCDs) proceeds amounting to ₹1000 crores issued in December 2024 and July 2025, with no material deviation from the stated objects. The bank also stated that disclosures regarding security cover for NCDs are not applicable as they are unsecured.

Equitas Small Finance Bank (standalone; it has no subsidiaries, so no consolidated statement) posted a Q1 FY27 net profit of ₹183.6 Cr, a turnaround from the ₹223.8 Cr loss in the year-ago quarter. The swing is almost entirely a provisioning story: credit provisions & contingencies fell to ₹160.7 Cr from a bloated ₹612.2 Cr in Q1 FY26, when a stressed micro-finance book forced heavy write-downs. Interest earned rose 18.9% YoY to ₹1,960.4 Cr and pre-provision operating profit grew ~28.6% YoY to ₹404.7 Cr, so the core franchise expanded even before the provision relief. Sequentially the print softened: PAT fell 13.7% from ₹212.7 Cr in Q4 FY26 even as interest earned grew 6.8% QoQ and pre-provision profit was roughly flat. The squeeze sits on two lines — provisions rose QoQ from ₹124.1 Cr to ₹160.7 Cr as credit costs normalise toward the ~1.5% full-year level management guided (up from Q4's seasonal 1.11% low), and quarterly ROA eased to 0.29% from 0.35%. That ~1.16% annualised ROA is tracking a touch below the 1.2–1.25% FY27 guidance, but it is an early-quarter read and management targets a ~1.5% exit ROA by Q4 FY27. Asset quality and growth back the turnaround: GNPA improved to 2.42% (from 2.60% QoQ, 2.92% YoY) and net NPA to 0.71%, while the July 2 business update showed gross advances up 26.7% YoY to ₹47,653 Cr — comfortably ahead of the 20%+ advances-growth guidance — with deposits up 10.4%. Capital adequacy stands at 19.44% (Basel II), down from 20.31%, consistent with the board's concurrent move to approve a capital raise in June. No brokerage consensus PAT estimate for the quarter was locatable, so the print is not graded against Street. The result confirms rather than contradicts management's cautiously-optimistic May concall tone — provisions are normalising as flagged and ROA is being rebuilt, with the near-term drag being deposit-cost-led NIM moderation from the 7.29% Q4 peak.

Equitas Small Finance Bank Limited announced the grant of 1,10,000 stock options to an eligible employee under the ESFB Employee Stock Option Scheme, 2019. The options are granted at an exercise price of ₹79.28 per share, which is the market price as of July 20, 2026. These options will vest after one year from the grant date (July 21, 2026), subject to continued service, and can be exercised within three years from vesting. The shares issued upon exercise will rank pari-passu with existing equity shares. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Equitas Small Finance Bank Ltd has announced that its Board of Directors will convene on Tuesday, July 28, 2026. The primary agenda item is to consider and approve the Unaudited Financial Results for the quarter ended June 30, 2026. Additionally, the bank has scheduled an Earnings Call with investors and analysts for Wednesday, July 29, 2026, at 11:00 AM to discuss the financial performance for Q1FY27. The trading window for designated persons remains closed until 48 hours after the results announcement.

Mirae Asset Mutual Fund has acquired an additional 1,392,953 shares, representing 0.12% of the total share capital, in Equitas Small Finance Bank Ltd. This acquisition, made on July 01, 2026, through the open market, increases Mirae Asset Mutual Fund's total shareholding in the bank to 89,022,343 shares, or 7.80% of the total diluted share capital. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Equitas Small Finance Bank reported business updates for the quarter ended June 30, 2026. Gross Advances grew by 26.70% year-on-year (YoY) to ₹47,653 Crore, driven by robust disbursements of ₹6,804 Crore, a 93.77% YoY increase. Total Deposits rose by 10.44% YoY to ₹48,976 Crore. The CD Ratio stood at 92.96% provisionally. Micro Finance & Micro Loans saw a 70.19% YoY growth in advances. The bank noted that figures for June 30, 2026, are provisional and subject to audit.

Equitas Small Finance Bank Limited has informed the exchanges about significant changes in its Key Managerial Personnel (KMP) and Senior Management Personnel (SMP). Mr. N Sridharan, the Chief Financial Officer, has superannuated effective June 30, 2026. Concurrently, Mr. Sibi P.M., Chief Risk Officer, has demitted office upon completion of his five-year term. The bank has appointed Mr. Mukund Shyamrao Barsagade as the new Chief Financial Officer and Mr. Taraka Ramana Prathipati as the Interim Chief Risk Officer, both effective July 1, 2026. These appointments were previously disclosed on June 24, 2026.

Equitas Small Finance Bank's Board of Directors met on June 24, 2026, approving key proposals for future growth and leadership. The board greenlit enabling resolutions to raise capital up to ₹500 Crores via Non-Convertible Debt Securities and up to ₹1,250 Crores through Qualified Institutions Placement (QIP). These proposals will be presented to shareholders at the upcoming Annual General Meeting (AGM). Additionally, the board approved the re-appointment of Mr. Vasudevan P N as Managing Director & CEO for three years from July 23, 2026, and Mrs. Geeta Dutta Goel as an Independent Director for a second three-year term from December 27, 2026. The bank also announced the appointment of Mr. Mukund Shyamrao Barsagade as the new Chief Financial Officer, effective July 1, 2026, succeeding Mr. N Sridharan.