Equitas Small Finance Bank Ltd. · NSE:EQUITASBNK
Equitas Small Finance Bank — Q4 FY2026 Earnings Presentation
51 slides from Equitas Small Finance Bank's earnings presentation, Apr 30, 2026
Slide 1: Exchange submission letter for investor presentation
April 30, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Mumbai – 400 051 Mumbai – 400 001 Symbol : EQUITASBNK Scrip Code : 543243 , 976218 & 976979 Dear Sir Sub: Submission of Investors presentation Pursuant to Re
Slide 2: Investor Presentation Q4FY26
Investor Presentation Q4FY26
Slide 3: Disclaimer
Disclaimer Disclaimer: The information in this document, including facts and figures, is being provided by Equitas Small Finance Bank Limited (the “Bank”) for informational purposes only and could be subject to change without notice. The information has also not been independently verified. No repre
Slide 4: Table of Contents
Table of Contents 1. Key Highlights 2. Financial Performance 3. Advances 4. Asset Quality 5. Liabilities & Branch Banking 6. Financials 7. Other Updates 8. Beyond Banking 3
Slide 5: Key Highlights
Equitas Small Finance Bank Key Highlights
Slide 6: Snapshot
Snapshot Operational Asset Offerings Liability Profile Financials Gross Advances: Total Deposits: PAT for Q4FY26: 18 States and UTs Rs. ^46,165 Cr [Rs. 37,986 Cr] Rs. 46,533 Cr [Rs. 43,102 Cr] Rs. 213Cr [Rs. 42Cr] SBL - 40%, VF - 23%, CASA – 26%, TD – 74% MFI - 12%, HF - 13% MSE - 5%, NBFC - 4% Disb
Slide 7: Q4FY26 Performance vs. Guidance
Q4FY26 Performance vs. Guidance With sustained improvement in DPD metrics and disbursements, MFI is MFI DPD (1-90) has reduced to 1.43% in expected to move towards normal Q4FY26 from 7.82% in Q4FY25 profitability by Q4FY26 Targeting mid-teen growth in overall advances for FY26, primarily driven by A
Slide 8: DPD Trends
DPD Trends MICROFINANCE NON MFI BANK Non MF Loan Mix 1-90 DPD 1-90 DPD MF Loan Mix 1-90 DPD 12.00% 92% 9.48% 9.06% 12% 12% 12% 8.35% 91% 7.92% 10.00% 7.94% 91% 7.60% 9.63% 7.41% 6.64% 9% 9% 8.00% 9.41% 90% 90% 6.00% 89% 7.82% 8.05% 4.00% 89% 88% 5.40% 2.14% 1.34% 2.00% 88% 88% 91% 91% 88% 88% 87% 0.
Slide 9: Yield on Gross Advances
Yield on Gross Advances MFI Mix on Avg Basis Overall Yield MFI Yield Non MFI Yield • Overall Yield improved by 7 bps QoQ on account of 23.68% 23.08% 22.60% 23.21% increased MFI mix 22.48% 22.43% 16.60% 16.33% 16.06% 15.73% 15.44% 15.51% 15.33% 15.31% 15.28% 15.06% 14.97% 14.85% 15.0% 13.1% 10.7% 9.0
Slide 10: NIM Movement
NIM Movement The bank reported a significant expansion in Negative Positive NIM due to the following factors: • Increase in interest income from advances driven by strong growth • Interest expenses reduced, driven by a decline in the cost of funds from 7.13% in Q3FY26 to 6.94% in Q4FY26 ΔA Interest
Slide 11: Delivering on Liability 2.0 Strategy
Delivering on Liability 2.0 Strategy Liability 2.0 Strategy aims to improve our competitiveness by Personal a) Reducing the cost of mobilizing deposits through efficiency Loan b) Narrowing the difference in cost of funds compared to large banks. The peak RTD rate differential an year back was 1.25%
Slide 12: Outlook for FY27
Outlook for FY27 Cost to Income is expected to Outlook for moderate further in H2FY27 20%+ growth in overall advances for FY27, driven FY27 driven by Operating leverage with growth in advances. by growth across Q1FY27 will be elevated due products to annual increments 02 03 Q4FY26 credit costs MFI a
Slide 13: Key Highlights
Key Highlights Assets • Highest ever overall Disbursements at Rs. 7,347crs in Q4FY26, a growth of 72% YoY & 12% QoQ • Highest ever quarterly Non MFI Disbursements at Rs. 5,835 crs in Q4FY26, a growth of 49% YoY & 8% QoQ • Gross advances grew by 22% YoY & 7% QoQ supported by robust disbursements acro
Slide 14: Key Highlights
Key Highlights Liabilities • Overall deposits grew by 8% YoY. • Cost of Funds reduced by 19 bps to 6.94% during the quarter aided by repricing • Following upward revisions in SA (Feb’26) and TD rates (Mar’26) in certain buckets, cost of funds is expected to increase in Q1FY27 • CASA ratio at 26%. CA
Slide 15: Highlights
Highlights Asset Quality & Provisioning • GNPA reduced by 13 bps QoQ at 2.49% in Q4FY26 as compared to 2.62% in Q3FY26; including securitization book, GNPA would stand at 2.46% • NNPA reduced by 20 bps QoQ to 0.68% in Q4FY26 as compared to 0.88% in Q3FY26 • PCR remains healthy at 73.03% (86.81% Incl
Slide 16: Financial Performance – Quarterly Trends
Financial Performance – Quarterly Trends 15
Slide 17: Key Ratios
Key Ratios Daily Avg Cost of Funds Net Interest Margin (NIM) Cost to Assets RoA 7.54% 7.49% 7.29% 7.35% 7.13% 7.13% 5.96% 5.75% 1.46% 6.94% 5.68% 5.67% 5.54% 6.72% 0.65% 6.55% 0.32% 0.18% 6.29% Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q
Slide 18: Income Evolution
Income Evolution Net Income Evolution (Rs. Cr) PPoP / Assets (%) 980 829 852 786 774 2.77% 2.40% 2.36% 2.21% 1.76% ^286 285 259 218 224 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 NII Other Income (Net) Other Income [Net] Contribution (%) Liability Fee Income (Rs .Cr) TPP I
Slide 19: Opex evolution
Opex evolution Rs. Cr Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Employee expenses 418 460 474 516 514 Other expenses (net of digital expenses) 279 258 244 270 277 Depreciation 39 39 39 43 46 Total Operating expenses 736 757 757 829 837 No. of employees 25,409 25,865 27,145 28,451 28,058 Cost to Income 75.8
Slide 20: Advances
(eB) Equitas Equitas Small Finance Bank Advances
Slide 21: Advances evolution
Advances evolution Rs Cr Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 YoY % Mix % Micro Finance & Micro 4,527 3,537 3,392 ^5,159 ^5,756 27% 12% Loans Small Business Loans (SBL) 16,383 16,767 17,188 17,756 18,559 13% 40% Housing Finance 4,769 4,868 5,066 5,360 5,782 21% 13% Vehicle Finance 9,456 9,510 9,801 10
Slide 22: Disbursements evolution
Disbursements evolution Rs Cr Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 YoY % Micro Finance & Micro Loans 355 266 682 1,173 1,512 326% Small Business Loans (SBL) 1,684 1,245 1,636 1,698 2,032 21% Housing Finance 417 311 474 556 697 67% Vehicle Finance 1,321 1,221 1,506 1,569 1,779 35% - Used CV 860 815 1,0
Slide 23: Segmental Details
Segmental Details Number of Live ATS @ ATS @ Product Segment GNPA (%) PCR (%) Loans Disbursement (Lacs) Portfolio (Lacs) Micro Finance & Micro Loans$ 10,96,509 0.72 0.43 6.27% 98.99% Small Business Loans (SBL) 3,11,666 11.50 5.92 2.90% 34.11% Housing Finance 51,019 15.25 10.80 1.01% 32.39% Vehicle F
Slide 24: Asset Quality
(eB) Equitas Equitas Small Finance Bank Asset Quality
Slide 25: Asset Quality Trend
Asset Quality Trend GNPA Movement (Rs. Cr) Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Opening GNPA Balance (A) 821.28 889.04 1022.82 1071.87 1067.73 1035.99 1081.87 1116.09 Net Slippages (B) 204.72 288.92 283.85 295.31 452.77 355.19 246.54 85.11 - Net Slippages MFI Book 77.97 124.12 199
Slide 26: Strengthening Provision Coverage
Strengthening Provision Coverage PCR MOVEMENT Provisioning Provisioning Asset Classification Nature as per IRAC as per Equitas 73.03% Sub-standard Secured 15% 27% 66.83% 67.03%* 66.93% 67.10% Unsecured 25% 99% 185 Doubtful-1 Secured 25% 80% Unsecured 100% 100% Doubtful-2 Secured 40% 100% Unsecured 1
Slide 27: Liabilities & Branch Banking
Liabilities & Branch Banking 26
Slide 28: Deposits Evolution
Deposits Evolution CA SA CASA TD CASA+TD as on 31St Mar 2026 [Customer Deposits] [Current Account] [Savings Account] [Low cost deposits] [Term Deposits] Balance (Cr) 1536 10,662 12,198 ^34,335 46,533 as a % of total borrowings (Rs. 52,306 Cr) 3% 20% 23% 66% 89% as a % of total deposits (Rs. 46,533 C
Slide 29: Customer Deposit Profile
Customer Deposit Profile Elite Book (Rs. Cr) Savings Slab Wise (%) Deposit Category 18% 8% Upto 1 Lac OTHERS 9% 17,241 17,809 17,925 17,220 17,518 1 Lac to 1 Cr 7% 1 Cr to 3 Cr 3 Cr to 10 Cr TRUSTS 2% 7% 50% 10 Cr to 100 Cr 11% 100 Cr + GOVT./LOCAL Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 BODIES 11% Retai
Slide 30: Funding Profile
Funding Profile Book Value (In Rs Cr) Q2FY26 Q3FY26 Q4FY26 Funding Profile Mix TD 28,084 28,098 32,046 1% 4% 9% Certificate of Deposits 2,388 2,684 2,289 CASA 2% 22% TD* Refinance 2,452 3,299 4,773 Refinance Tier – II Bond 1,000 1,000 1,000 Tier-II Bond CASA 13,622 12,886 12,198 Securitisation/Assig
Slide 31: Treasury Update
Treasury Update The Bank’s total net Investment portfolio of Rs. 10,149 Crore comprises of SLR and Non-SLR securities Category ( In Rs. Cr) Q4FY26 SLR 9,260 Non SLR 889 Total 10,149 Borrowings & Liquidity • The Bank’s Certificate of Deposits (CD) programme has highest rating at A1+ from India Rating
Slide 32: Financials
(eB) Equitas Equitas Small Finance Bank Financials
Slide 33: Balance Sheet
Balance Sheet Particulars (in Rs Cr) Mar-26 Mar-25 YoY % Dec-25 QoQ% Capital & Liabilities Capital 1,141 1,140 0% 1,141 0% Reserves & Surplus 4,984 4,933 1% 4,805 4% Networth 6,125 6,073 1% 5,946 3% Deposits 46,533 43,102 8% 43,668 7% Borrowings 5,773 2,137 170% 4,299 34% Other Liabilities & Provisi
Slide 34: Profit & Loss Account
Profit & Loss Account Particulars (in Rs Cr) Q4FY26 Q4FY25 YoY% Q3FY26 QoQ% FY26 FY25 YoY% Interest Income from Loans 1,632 1,448 13% 1,495 9% 5,971 5,563 7% Income on Investments 168 159 5% 169 -1% 661 648 2% Interest on balances with RBI and other 37 37 0% 28 34% 162 101 61% inter bank funds Total
Slide 35: Profit & Loss Account
Profit & Loss Account Particulars (in Rs Cr) Q4FY26 Q4FY25 YoY% Q3FY26 QoQ% FY26 FY25 YoY% Net Income 1,239 1,047 18% 1,136 9% 4,444 4,123 8% Employee Cost 514 418 23% 516 0% 1,964 1,621 21% Opex 323 318 2% 313 3% 1,215 1,168 4% Total Operating Expenditure 837 736 14% 829 1% 3,179 2,789 14% PBT befo
Slide 36: GNPA Movement
GNPA Movement 2.89% 2.82% 2.82% 1,25 0 3.5 0% 2.62% 2.49% 3.0 0% 1,05 0 2.5 0% 850 2.0 0% 650 0.98% 0.94% 0.95% 0.88% 0.68% 1.5 0% 1.0 0% 450 0.5 0% 0.0 0% 250 1,068 354 1,036 342 1,082 358 1,116 367 1,135 306 -0.50% 50 -1.00% Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 GNPA (Rs. Cr) NNPA (Rs. Cr) GNPA % NNP
Slide 37: Key Ratios – Annual
Key Ratios – Annual Cost of Funds Net Interest Margin (NIM) Cost to Assets RoA 7.50% 9.00% 7.34% 8.44% 8.54% 8.36% 6.34% 2.00% 7.26% 7.22% 7.51% 1.89% 6.69% 6.05% 1.70% 6.00% 6.58% 5.71% 5.71% 1.10% 6.38% 5.52% 0.30% 0.19% FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY
Slide 38: Other Updates
(eB) Equitas Equitas Small Finance Bank Other Updates
Slide 39: Equitas Selfe Loans
Equitas Selfe Loans Selfe Loans - One App, Many Loans… The go to App targeted at tiny entrepreneurs across cities and towns for loan enquiries. Built with the latest technology architecture to support scale and agile development. ~₹ 1787 Crs* of Loans Disbursed *1.8 Lakh+ Registrations *3.9 Lakh+ Do
Slide 40: Equitas Mobile Banking App 2.0
Equitas Mobile Banking App 2.0 Next Generation Cloud Native, future ready platform with: Completely New User Interface, Hassle free Experience, Built with enhanced security, and many more… • New UPI Platform • BBPS • Face Recognition Integrations • App Protect • User Experior • ASBA IPO 39
Slide 41: Insta banking Services – Tech Led CX
Insta banking Services – Tech Led CX Insta Banking aims to eliminate the use of paper based requests by customers by leveraging micro service based technology, biometrics, etc. Over 40 service journeys envisaged Leveraging Aadhar biometric for authentication Insta Banking Tab/own device based servic
Slide 42: Building the Equitas Brand
Building the Equitas Brand SBuNyio clone Qweegn
Slide 43: A Stable, Sustainable & Scalable Bank
Our Philosophy: A Stable, Sustainable Customer Pride of Performan & Scalable Bank First ce Core Fair and Our Mission: To create the most Values Transparent valuable bank for all stakeholders through Respect Ownership happy employees for People
Slide 44: Our Presence
Our Presence Map not to scale . Districts present in | Branch network States Advances (%) Deposits (%) Andhra Pradesh 3.90% 1.82% Chandigarh 0.01% 2.67% Himachal Pradesh 3 29 Punjab Chhattisgarh 0.81% 1.44% 1 Chandigarh Uttarakhand 2 Delhi 1.06% 8.38% 30 Haryana Delhi 20 Gujarat 4.30% 5.14% 80 Rajas
Slide 45: Product Suite - Assets
Product Suite - Assets MicroFinance & Micro Loans Small Business Loans (SBL) • Addressing the unbanked and underserved market • Small Business Loans (SBL) is the Bank’s flagship segments with fair and transparent lending product, representing 40%+ of our entire advance practices. portfolio • Focusin
Slide 46: Product Suite - Assets (contd.)
Contd… Housing Finance Vehicle Finance • Loans are specifically designed to cater to • Portfolio comprises of tailor-made loans individuals aiming to purchase their first affordable empowering skilled drivers to become vehicle housing property owners and business operators, thereby elevating their s
Slide 47: Product Suite - Assets (contd.)
Contd… MSE Finance NBFC • Focusing on the organised segment of the • The Bank offers Term Loans to Non-Banking economy by providing working capital loans Financial Companies (NBFCs), enabling them to (CCOD) and term loans for capex. offer retail customers services such as microfinance, vehicle finan
Slide 48: Product Suite - Liabilities
Product Suite - Liabilities The Bank through its liability products serves a wide range of mass and mass affluent clientele via physical and digital channels… Physical Channels Current / Mutual Funds Savings A/C • Banking Outlets • ATMs Term Deposits Insurance Digital Channels (FD/RD) Pool of • Mobi
Slide 49: Beyond Banking
Equitas Small Finance Bank Beyond Banking
Slide 50: CSR Initiatives
CSR Initiatives SKILL TRAINING Women Trained: Inception Year - 2008 Q4FY26 - 5408 CHILDREN SCHOLARSHIP Cumulative - 727019 FREE CATARACT SURGERIES Beneficiaries:- Beneficiaries:- Q4FY26 – 166 Q4FY26 – 144 Cumulative - 2952 Cumulative - 43274 DIFFERENTLY ABLED WOMEN EMPOWERMENT Financial help: Exhibi
Slide 51: Investor Relations
Investor Relations Equitas Small Finance Bank Limited Website – https://ir.equitas.bank.in/ Email – ir@equitasbank.com 4th Floor, Phase II, Spencer Plaza, No. 769, Mount Road, Anna Salai, Chennai 600 002, Tamil Nadu 50
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