The bank said gross advances increased 3.22% sequentially, supported by robust disbursements of around ₹6,804 crore, which rose 93.77% year-on-year but declined 7.39% quarter-on-quarter.
Gross advances include an IBPC/Securitised/Assigned portfolio of ₹2,126 crore as of June 30, 2026, compared with ₹2,585 crore as of March 31, 2026.
Micro finance and micro loans increased 70.19% year-on-year and 4.57% quarter-on-quarter to ₹6,019 crore, while non-micro finance and micro loans rose 22.19% year-on-year and 3.03% quarter-on-quarter to ₹41,634 crore.
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The bank said direct assignment (DA) outstanding stood at ₹837 crore as of June 30, 2026. Excluding the DA portfolio, overall bank advances grew 24.48% year-on-year and 3.86% quarter-on-quarter. Total deposits increased 5.25% sequentially to ₹48,976 crore.
Current account and savings account (CASA) deposits stood at ₹12,307 crore, compared with ₹12,198 crore in the previous quarter and ₹13,019 crore a year ago. The CASA ratio was 25%, compared with 26% in March 2026 and 29% a year earlier.
The cost of funds stood at 7.05%, compared with 6.94% in the previous quarter and 7.49% a year ago. The credit-deposit (CD) ratio stood at 92.96% as of June 30, 2026. After reducing refinance borrowings from advances, the CD ratio was 81.28%.
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The bank’s advances mix, including direct assignment, comprised 13% micro-finance and micro loans and 87% all other loans. Excluding direct assignment, micro-finance and micro loans accounted for 11%, while all other loans made up 89%. The figures are provisional and subject to review.
Fourth Quarter Results
Net profit surged to ₹213 crore in Q4, compared with ₹42 crore in the year-ago period, reflecting a significant improvement in earnings. Net interest income rose 18.2% year-on-year to ₹980 crore from ₹829 crore, supported by stable lending growth and better spreads.
Asset quality metrics showed further improvement on a sequential basis. The gross non-performing asset (NPA) ratio eased to 2.60% from 2.75% in the previous quarter, while net NPA declined to 0.72% from 0.92%. In absolute terms, gross NPAs stood at ₹1,135 crore, slightly higher quarter-on-quarter, while net NPAs fell to ₹306 crore from ₹354 crore.
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The bank’s performance builds on momentum seen in the December quarter, when it had reported a 35.8% year-on-year rise in profit to ₹90 crore, alongside improving asset quality and lower credit costs driven by reduced slippages.
Shares of Equitas Small Finance Bank Ltd ended at ₹77.31, up by ₹0.15, or 0.19%, on the BSE.
