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 ₹ 2,727 Cr.
- Current Price ₹ 53.0
- High / Low ₹ 82.4 / 48.0
- Stock P/E 6.41
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 10.2 %
- ROE 24.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 36.4% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
* 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 | Mar 2024 | |
---|---|---|---|---|---|---|
Revenue | 1,032 | 1,413 | 1,641 | 1,940 | 2,854 | 3,818 |
Interest | 458 | 621 | 720 | 793 | 1,017 | 1,449 |
538 | 646 | 879 | 1,248 | 1,676 | 2,241 | |
Financing Profit | 35 | 146 | 43 | -101 | 160 | 129 |
Financing Margin % | 3% | 10% | 3% | -5% | 6% | 3% |
109 | 133 | 127 | 208 | 288 | 442 | |
Depreciation | 17 | 23 | 29 | 33 | 42 | -0 |
Profit before tax | 127 | 256 | 141 | 74 | 406 | 570 |
Tax % | 29% | 26% | 25% | 26% | 26% | 25% |
90 | 190 | 105 | 55 | 302 | 426 | |
EPS in Rs | 2.11 | 4.45 | 2.34 | 1.22 | 6.73 | 8.27 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 30% |
3 Years: | 33% |
TTM: | 34% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 36% |
3 Years: | 59% |
TTM: | 41% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 17% |
Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
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 | Mar 2024 | |
---|---|---|---|---|---|---|
-239 | 1,089 | 1,127 | -584 | -573 | 1,001 | |
-171 | -635 | -638 | -982 | -573 | -583 | |
488 | -499 | 653 | 1,259 | 401 | 235 | |
Net Cash Flow | 78 | -45 | 1,143 | -308 | -745 | 653 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
ROE % | 19% | 9% | 4% | 19% |
Documents
Announcements
- Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD 1d
- Closure of Trading Window 25 Jun
- Reduction Of Concentration Of Business Correspondents 14 Jun
- Board Meeting Outcome for Reduction Of Concentration Of Business Correspondents 14 Jun
- Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD 4 Jun
Concalls
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May 2024Transcript PPT
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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.