Equitas Small Finance Bank Limited (NSE: EQUITASBNK)

EQUITASBNK Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest and Dividend Income	57,334	54,864	41,619	34,597	31,944	26,454
Total Interest Expense	25,953	24,066	16,172	14,211	13,965	11,501
Net Interest Income	31,381	30,798	25,447	20,385	17,980	14,953
Gain (Loss) on Sale of Investments	-	1,043	213.65	426.36	447.04	33.77
Other Revenue	8,360	6,941	6,483	4,952	3,733	2,792
Revenue Before Loan Losses	39,741	38,782	32,144	25,764	22,160	17,779
Revenue	39,741	38,782	32,144	25,764	22,160	17,779
Revenue Growth (YoY)	16.37%	20.65%	24.76%	16.26%	24.64%	23.92%
Salaries & Employee Benefits	14,156	13,688	10,967	8,982	7,914	7,098
Cost of Services Provided	-	7,435	6,049	4,832	3,360	3,391
Other Operating Expenses	11,528	2,178	2,139	1,390	728.67	288.9
Total Operating Expenses	25,685	24,646	20,000	15,957	12,768	11,742
Operating Income	14,056	14,135	12,143	9,807	9,392	6,037
EBT Excluding Unusual Items	8,468	7,987	5,736	2,810	2,846	3,435
Other Unusual Items	-	-	-	-	996.3	-996.3
Pretax Income	8,468	7,990	5,736	2,807	3,842	2,436
Income Tax Expense	2,133	-	-	-	-	-
Net Income	6,335	7,990	5,736	2,807	3,842	2,436
Net Income to Common	6,335	7,990	5,736	2,807	3,842	2,436
Net Income Growth	-5.13%	39.29%	104.32%	-26.94%	57.70%	15.70%
Shares Outstanding (Basic)	1,124	1,123	1,218	1,155	1,090	1,020
Shares Outstanding (Diluted)	1,150	1,141	1,229	1,171	1,101	1,020
Shares Change (YoY)	-3.89%	-7.22%	5.01%	6.29%	7.93%	1.44%
EPS (Basic)	5.64	7.12	4.71	2.43	3.53	2.39
EPS (Diluted)	5.51	7.01	4.67	2.40	3.49	2.39
EPS Growth	-1.29%	50.11%	94.58%	-31.23%	46.18%	14.23%
Free Cash Flow	-	39,343	-12,633	667.13	19,940	3,652
Free Cash Flow Per Share	-	34.49	-10.28	0.57	18.10	3.58
Dividend Per Share	-	1.000	1.000	-	-	-
Operating Margin	35.37%	36.45%	37.78%	38.06%	42.38%	33.96%
Profit Margin	15.94%	20.60%	17.84%	10.90%	17.34%	13.70%
Free Cash Flow Margin	-	101.45%	-39.30%	2.59%	89.98%	20.54%
Effective Tax Rate	25.19%	-	-	-	-	-
Revenue as Reported	65,704	62,851	48,315	39,972	36,125	29,278

Source: S&P Capital IQ. Financial Services template. Financial Sources.