Equitas Small Finance Bank Reports Q1 FY27 Performance: Gross Advances Climb Amid Robust Disbursements
Equitas Small Finance Bank Limited has reported its provisional financial updates for the quarter ended June 30, 2026. The bank recorded significant growth in Gross Advances while maintaining steady increases in Total Deposits.The institution reported that Gross Advances reached 47,653 Rs. Crores as of the provisional figures. This marks a substantial increase of 26.70% year-on-year (YoY) and a rise of 3.22% quarter-on-quarter (QoQ).
Advances and Lending Mix Highlights
A key driver of this growth was robust disbursements, totaling approximately Rs. 6,804 Crore. This disbursement figure represents a growth of 93.77% YoY, although it saw a decline of 7.39% QoQ.The bank’s advances portfolio is segmented across Micro and Non-Micro Finance categories:
| Particulars | Gross Advances (Rs. Crores) |
|---|---|
| Gross Advances Total | 47,653 |
| Non Micro Finance & Micro Loans | 41,634 |
| Micro Finance & Micro Loans | 6,019 |
The Micro Finance and Micro Loans segment showed remarkable growth, posting a 70.19% YoY increase and a 4.57% QoQ rise. The Non-Micro Finance and Micro Loans category grew by 22.19% YoY and 3.03% QoQ.
In terms of lending mix as on June 30, 2026 (provisional), the composition stands as follows:
| Lending Segment | Mix Including DA | Mix Excluding DA |
|---|---|---|
| All Other Loans | 87% | 89% |
| Micro Finance & Micro Loans (Unsecured) | 13% | 11% |
The provisioned Micro Finance and Micro Loans advances include the purchase of Agri assets from other Regulated Entities under Direct Assignment (DA). As on June 30, 2026, the outstanding DA amount is Rs. 837 Crore. Excluding this DA component, the overall bank Advances demonstrated growth of 24.48% YoY and 3.86% QoQ.
Deposits and Financial Ratios
Total Deposits reached 48,976 Rs. Crores for the quarter. This represents a 10.44% YoY increase and a 5.25% QoQ rise.The bank’s CASA (Current Account Savings Account) stood at 12,307 Rs. Crores, reflected by a 25% CASA ratio. The Cost of Funds was reported at 7.05%.
Regarding the Credit-Deposit (CD) Ratio:
- The provisional CD Ratio stands at 92.96%.
- After reducing refinance borrowings from advances, the operational CD Ratio is 81.28%.
These figures for June 30, 2026 are provisional and are subject to further review by the Joint Statutory Auditors and approval by the Audit Committee and Board of Directors of the Bank.
EQUITASBNK Stock Price Movement
Today, Equitas Small Finance Bank Limited shares gained 0.40%, settling at ₹77.45 in post-market trading. The stock finished the day's session after nearly 2.11 million shares were traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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