ESAF Small Finance Bank Limited
NSE: ESAFSFBOther BankTrade-to-trade true
Share price
₹42.17
-1.17% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
40
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹2,176 Cr
P/E ratio
—
P/B ratio
1.2
ROCE
5.7%
ROE
-8.9%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Our sales figures for this company step up at Sep 2017 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.
Whether it grew faster than its sector
Our sales figures for this company step up at Sep 2017 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.
Room to re-rate, or risk of de-rating
It has no earnings, so there is no price-to-earnings to compare.
Whether growth justifies the valuation
It has no earnings to weigh the price against.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| ESAF Small Finance Bank Limited — this one | — | — | — |
| AU Small Finance Bank Limited | 23%/yr | 25.5× | ₹1.1 |
| Ujjivan Small Finance Bank Limited | -14%/yr | 13.3× | — |
| Equitas Small Finance Bank Limited | -44%/yr | 14.8× | — |
| Jana Small Finance Bank Limited | 8%/yr | 13.3× | ₹1.7 |
| Utkarsh Small Finance Bank Limited | — | — | — |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Other Bank), it ranks 8 of 9 on returns, 7 of 9 on growth. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
It is losing money on the capital in the business, so there is no advantage to measure.
Whether its growth pays for itself
This question does not fit a lender: the money it lends out is its day-to-day outflow and the deposits or premiums it takes are the inflow, so a cash bridge cannot say whether its growth pays for itself. Look at the return on owners' money instead.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
Not enough filed accounts to run these checks yet.
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 31 Jul 2026 · Standalone · Unaudited
Revenue
₹1,346 Cr
Net profit
₹80 Cr
Profit vs last quarter
+233.7%
Net margin
5.9%
EPS
₹1.55
Earnings call transcript · 3 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹2,176 Cr
- Prev close
- ₹42.17
- 52w High
- ₹46.0
- 52w Low
- ₹19.8
- Enterprise value
- ₹2,175 Cr
- Beta
- 0.9
- Price CAGR 1y
- 46.0%
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- -0.5%
- PEG ratio
- —
- P/E ratio
- —
- P/B ratio
- 1.2
- EV / EBITDA
- -2.3
- Industry P/E
- 13.4
- ROCE
- 5.7%
- ROCE 5y average
- —
- ROE
- -8.9%
- Debt / Equity
- 1.5
- Interest coverage
- —
- Dividend yield
- 0.0%
- ROE 3y average
- -4.0%
- ROE last year
- -9.0%
Annual P&L
- Annual revenue
- ₹3,537 Cr
- Annual profit
- -₹166 Cr
- Operating margin
- -28.0%
- Net profit margin
- -4.7%
- EBITDA margin
- -27.5%
- Sales growth 3y
- 7.4%
- Sales growth 5y
- 16.6%
- Profit growth 3y
- —
- Profit growth 5y
- —
- EPS
- ₹-3.2
- Sales growth TTM
- 4.0%
- Profit growth TTM
- 99.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹1,098 Cr
- Profit latest quarter
- ₹80 Cr
- YoY quarterly sales growth
- 32.5%
- YoY quarterly profit growth
- —
- OPM latest quarter
- -13.0%
Balance Sheet
- Book Value
- ₹34.6
- Face Value
- ₹10.0
- Total debt
- ₹2,753 Cr
- Total cash
- ₹414 Cr
- Borrowings
- ₹2,753 Cr
- Reserves / Equity
- 2.5
Cash Flow
- Operating cash flow
- -₹1,960 Cr
- Free cash flow
- -₹2,242 Cr
- FCF yield
- —
- Net cash flow
- -₹805 Cr
Shareholding
- Promoter holding
- 63.3%
- FII holding
- 0.3%
- DII holding
- 3.8%
- Public holding
- 32.6%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| AU Small Finance | 993.40 | 26.1 | 74,641 | 0.10 | 796.0 | 37.0 | 5,302.7 | 21.1 | 7.7 |
| Ujjivan Small | 64.94 | 14.0 | 12,654 | 0.00 | 316.5 | 206.7 | 2,024.9 | 25.1 | 7.7 |
| Equitas Sma. Fin | 68.92 | 15.4 | 7,885 | 0.00 | 183.6 | 182.1 | 1,960.4 | 18.9 | 6.4 |
| Jana Small Finan | 500.10 | 13.9 | 5,292 | 0.00 | 155.2 | 52.3 | 1,514.5 | 22.1 | 7.5 |
| Utkarsh Small F. | 13.98 | 2,488 | 0.00 | -33.9 | 85.8 | 883.6 | 0.3 | 1.5 | |
| ESAF Small Fin | 42.67 | 2,202 | 0.00 | 80.1 | 198.6 | 1,097.8 | 32.5 | 5.7 | |
| Suryoday Small | 155.54 | 8.6 | 1,653 | 0.96 | 75.2 | 113.1 | 622.4 | 25.7 | 7.3 |
| Median | 128.76 | 14.0 | 2,488 | 0.00 | 80.1 | 85.8 | 1,097.8 | 21.1 | 7.1 |
Competes with: AU Small Finance Bank Limited, Capital Small Finance Bank Limited, Equitas Small Finance Bank Limited, Fino Payments Bank Limited, Jana Small Finance Bank Limited, Suryoday Small Finance Bank Limited, Ujjivan Small Finance Bank Limited, Utkarsh Small Finance Bank Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 899 | 943 | 974 | 1,002 | 1,022 | 995 | 948 | 892 | 828 | 820 | 894 | 995 | 1,098 |
| Expenses | 505 | 487 | 567 | 682 | 619 | 834 | 881 | 820 | 682 | 672 | 693 | 692 | 725 |
| Financing Profit | 81 | 109 | 30 | -91 | -30 | -294 | -396 | -386 | -304 | -301 | -260 | -174 | -141 |
| Financing Margin % | 9 | 12 | 3 | -9 | -3 | -30 | -42 | -43 | -37 | -37 | -29 | -18 | -13 |
| Other Income | 93 | 79 | 120 | 150 | 115 | 40 | 114 | 145 | 195 | 145 | 269 | 201 | 248 |
| Interest | 313 | 347 | 377 | 411 | 434 | 456 | 463 | 458 | 450 | 448 | 462 | 477 | 514 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 174 | 188 | 150 | 59 | 85 | -255 | -282 | -241 | -109 | -155 | 9 | 27 | 107 |
| Tax % | 25 | 26 | 25 | 26 | 26 | -25 | -25 | -24 | -26 | -25 | 22 | 13 | 25 |
| Net Profit | 130 | 140 | 112 | 43 | 63 | -190 | -211 | -183 | -81 | -116 | 7 | 24 | 80 |
| EPS in Rs | 2.89 | 3.12 | 2.18 | 0.84 | 1.22 | -3.69 | -4.09 | -3.55 | -1.58 | -2.25 | 0.14 | 0.46 | 1.55 |
| Gross NPA % | 1.65 | 2.64 | 4.16 | 4.76 | 6.61 | 6.98 | 6.96 | 6.87 | 7.48 | 8.54 | 5.64 | 5.41 | 5.40 |
| Net NPA % | 0.81 | 1.19 | 2.19 | 2.26 | 3.22 | 2.98 | 2.97 | 2.99 | 3.77 | 3.83 | 2.73 | 1.77 | 0.83 |
| Gross NPA | 1,291 | 1,364 | 1,635 | 1,166 | 1,214 | 1,253 | |||||||
| Income on Investments | 111 | 101 | 104 | 104 | 102 | 104 | |||||||
| Interest on Advances | 781 | 721 | 715 | 790 | 892 | 992 | |||||||
| Interest on RBI and Inter-bank Balances | 1.46 | 7.10 | 0.39 | 0.39 | 1.67 | 1.72 | |||||||
| Net NPA | 540 | 661 | 696 | 548 | 382 | 184 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 29 | 597 | 1,032 | 1,413 | 1,641 | 1,940 | 2,854 | 3,819 | 3,858 | 3,537 | 3,807 |
| Expenses | 31 | 357 | 538 | 646 | 879 | 1,248 | 1,676 | 2,190 | 3,152 | 2,674 | 2,782 |
| Financing Profit | -18 | -75 | 35 | 146 | 43 | -101 | 160 | 180 | -1,105 | -974 | -876 |
| Financing Margin % | -61 | -13 | 3 | 10 | 3 | -5 | 6 | 5 | -29 | -28 | -23 |
| Other Income | 19 | 102 | 109 | 133 | 127 | 208 | 288 | 442 | 472 | 811 | 864 |
| Interest | 16 | 315 | 458 | 621 | 720 | 793 | 1,017 | 1,449 | 1,811 | 1,837 | 1,901 |
| Depreciation | 0 | 0 | 17 | 23 | 29 | 33 | 42 | 51 | 59 | 65 | 0 |
| Profit before tax | 1 | 27 | 127 | 256 | 141 | 74 | 406 | 570 | -693 | -228 | -12 |
| Tax % | 0 | 0 | 29 | 26 | 25 | 26 | 26 | 25 | -25 | -27 | |
| Net Profit | 1 | 27 | 90 | 190 | 105 | 55 | 302 | 426 | -521 | -166 | -5 |
| EPS in Rs | 0.03 | 0.87 | 2.11 | 4.45 | 2.34 | 1.22 | 6.73 | 8.27 | -10 | -3.23 | -0.10 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 0 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- 17%
- 3 years
- 7%
- TTM
- 4%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- —
- TTM
- 99%
Stock price CAGR
- 10 years
- —
- 5 years
- —
- 3 years
- —
- 1 year
- 46%
Return on equity
- 10 years
- 4%
- 5 years
- 1%
- 3 years
- -4%
- Last year
- -9%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 302 | 312 | 428 | 428 | 449 | 449 | 449 | 515 | 515 | 516 |
| Reserves | 4 | 31 | 466 | 656 | 903 | 962 | 1,266 | 1,977 | 1,430 | 1,264 |
| Borrowing | 2,053 | 1,675 | 1,702 | 1,203 | 1,694 | 2,953 | 3,354 | 3,223 | 1,406 | 2,753 |
| Deposits | 409 | 2,523 | 4,317 | 7,028 | 8,999 | 12,815 | 14,666 | 19,868 | 23,276 | 25,850 |
| Other Liabilities | 227 | 183 | 145 | 154 | 293 | 528 | 489 | 505 | 547 | 479 |
| Total Liabilities | 2,994 | 4,724 | 7,058 | 9,470 | 12,339 | 17,708 | 20,224 | 26,087 | 27,178 | 30,868 |
| Fixed Assets | 33 | 69 | 86 | 116 | 133 | 159 | 188 | 205 | 237 | 226 |
| CWIP | 0 | 0 | 4 | 4 | 6 | 0 | 0 | 3 | 63 | 290 |
| Investments | 579 | 732 | 1,531 | 1,734 | 1,932 | 4,070 | 4,889 | 5,541 | 5,995 | 6,399 |
| Advances | 18,028 | 21,594 | ||||||||
| Other Assets | 2,382 | 3,924 | 5,438 | 7,616 | 10,268 | 13,478 | 15,147 | 20,338 | 20,883 | 23,953 |
| Total Assets | 2,994 | 4,724 | 7,058 | 9,470 | 12,339 | 17,708 | 20,224 | 26,087 | 27,178 | 30,868 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -239 | 1,089 | 1,127 | -584 | -571 | 1,001 | 3,176 | -1,960 | ||
| Cash from Investing Activity | -171 | -635 | -638 | -982 | -573 | -583 | -769 | -192 | ||
| Cash from Financing Activity | 488 | -499 | 653 | 1,259 | 399 | 235 | -1,852 | 1,347 | ||
| Net Cash Flow | 78 | -45 | 1,143 | -308 | -745 | 654 | 556 | -805 | ||
| Free Cash Flow | -277 | 1,036 | 1,078 | -638 | -641 | 930 | 3,024 | -2,242 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 0 | 8 | 15 | 19 | 9 | 4 | 19 | 20 | -23 | -9 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
capital adequacy (CRAR) %
23.90
CASA ratio %
23.40pct
2026-06-30
cost-to-income %
58.07pct
2026-06-30
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
gross NPA %
5.40pct
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net NPA %
0.83pct
2026-06-30
net interest margin %
7.90
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
provision coverage %
85.50
FY revenue / permanent employees + workers, same basis (calc)
40,20,689inr
2026-03-31
return on assets %
1.00
News
News and filings about ESAF Small Finance Bank Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Depends on the price of
- Bond Markets
- Gold
- Interest Rates
Sells products of
- Bajaj Allianz Life Insurance
- Care Health Insurance Limited
- Edelweiss Life Insurance
- ICICI Lombard General Insurance
- IFFCO-Tokio General Insurance
- Kotak Life Insurance
- PNB MetLife India Insurance
- Star Health and Allied Insurance Company Limited
Buys from
- AK Capital Services Limited · Tier-2 bond arrangement
- CARE Ratings Limited · credit rating / assessment services
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Financial Services
- Industry
- Other Bank
- Classification
- Financial Services › Other Bank
- ISIN
- INE818W01011
Business segments
- Retail · 84%
- Treasury · 9%
- Other Banking Operations · 4%
- Wholesale · 2%
News impact
Big market events that reach ESAF Small Finance Bank Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 7 Aug 2024 | unspecified | ₹0.7 |
|---|
Splits, bonuses & buybacks
- daily-prices repair: 7 rows from NSE's archive (replace 2, delete 0, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call · Q1FY273 Aug 2026
- Annual report · 2025-2620 Jul 2026
- Results presentation30 Jun 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.