Equitas Holdings Ltd Stock Analysis

BSE: 539844 | NSE: EQUITAS | Finance - NBFC | Small Cap

BSE Share Price 06-Dec-2022 18:01
124.65 5.15 (4.31%)

DeciZen - Make an Informed Decision on Equitas Holdings

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Equitas Holdings Price Chart

P/E Ratio (CD) :
16.08
Market Cap :
4,084.4 Cr.
52-wk low :
76
52-wk high :
134.9
Bole Toh?

1. Is Equitas Holdings Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Equitas Holdings Ltd is a average quality company.

2. Is Equitas Holdings Ltd undervalued or overvalued?

The key valuation ratios of Equitas Holdings Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Equitas Holdings Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Equitas Holdings Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Equitas Holdings:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Equitas Holdings Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Operating Income (₹ Cr.)2824827551,1111,5281,6582,2882,8783,7353,9784,220
YoY Gr. Rt. %-71%56.5%47.1%37.5%8.5%38%25.8%29.8%6.5%-
Adj EPS (₹ ) 1.93.446.24.70.45.2613.94.57.4
YoY Gr. Rt. %-79.9%16.5%56.3%-23.8%-91.5%1192.5%15.9%131.2%-67.7%-
BVPS (₹ )27.33443.549.76664.870.47987.297104.4
YoY Gr. Rt. %-24.9%27.9%14.1%32.9%-1.9%8.8%12.2%10.4%11.2%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)2.33.22.9320.11.21.12.20.80

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Net Interest Income34.2%21.1%20.2%6.5%
Adj EPS10.1%-1%-4.7%-67.7%
BVPS15.2%8%11.2%11.2%
Share Price - -2.1% 3.6% 5.9%

Key Financial Ratios

RATIOS \ YEARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0000000000-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 0000000000-
Margins
Net Profit Margin (%)11.615.414.115.110.40.87.77.213.85.16
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)8.512.211.213.38.90.67.78.118.16.57.1

Recent Performance Summary

Total Income has increased 20.24 CAGR in last 3 years

Total income growth is good in last 4 quarters

Return on Equity has declined versus last 3 years average to 7.40%

Net Profit has declined -4.66 CAGR in last 3 years

Latest Financials - Equitas Holdings Ltd.

Standalone Consolidated
TTM EPS (₹) -1.7 7.4
TTM Sales (₹ Cr.) 17.7 4,220
BVPS (₹.) 50.7 104.4
Reserves (₹ Cr.) 1,389 3,226
P/BV 2.36 1.14
PE 0.00 16.08
From the Market
52 Week Low / High (₹) 76.00 / 134.85
All Time Low / High (₹) 32.75 / 206.00
Market Cap (₹ Cr.) 4,084
Equity (₹ Cr.) 341.8
Face Value (₹) 10
Industry PE 28.8

Management X-Ray of Equitas Holdings :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Equitas Holdings

Adj EPS (Rs.)
Total Income (Cr.)
ROE (%)
BVPS (Rs.)

News

Equitas Holdings Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Equitas Holdings on 06-Dec-2022 18:01 is : 124.7.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Dec-2022 18:01 the market cap of Equitas Holdings stood at ₹ 4,084.4.
The latest PE ratio of Equitas Holdings as of 06-Dec-2022 18:01 is 0.00.
The latest PB ratio of Equitas Holdings as of 06-Dec-2022 18:01 is 2.36
The 52-week high of Equitas Holdings is ₹ 134.8 and the 52-week low is ₹ 76.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Equitas Holdings is ₹ 17.66 ( Cr.) .

About Equitas Holdings Ltd

Equitas Holdings Limited (EHL) was incorporated as UPDB Micro Finance Private Limited on June 22, 2007 at Chennai as a private limited company under the Companies Act, 1956. The name of the company was subsequently changed to Equitas Micro Finance India Private Limited and the Registrar of Companies, Tamil Nadu situated at Chennai (the RoC) issued a fresh certificate of incorporation on February 1, 2008. The name of the company was subsequently changed to Equitas Holdings Private Limited and the RoC issued a fresh certificate of incorporation on February 29, 2012. The company was then converted into a public limited company and consequently, its name was changed to Equitas Holdings Limited and the RoC issued a fresh certificate of incorporation on June 18, 2015.

The activity of the company is to making investment in subsidiary companies and providing loans to them. It has no other operations.

The company has the following Wholly Owned Subsidiaries:

  • Equitas Small Finance Bank Limited, licensed under Section 22 of the Banking Regulations Act, 1949 to carry on the business of Small Finance Bank.
  • Equitas Technologies Private Limited (ETPL), a Company registered under the Companies Act, 2013 engaged in the business of freight aggregation.

Business area of the company

Equitas Holdings is a Non-Deposit Taking Systemically Important - Core Investment Company - (CIS-ND-SI) registered with The Reserve Bank of India. The activity of the company is to making investment in subsidiary companies and providing loans to them. It has no other operations.

Major events and milestones

  • 2007: Incorporation of the company.
  • 2008: The company set up EDIT with the objective of furthering social initiatives.
  • 2009: Investment in core banking solution by a license agreement with Temenos Singapore Pte. Limited.
  • 2010: Incorporation of Equitas Housing Finance Private Limited as a wholly owned subsidiary of the company.
  • 2011: Acquisition of the entire shareholding of V.A.P Finance Limited and Singhivi on March 21, 2011 and July 7, 2011 respectively, which were registered with the RBI as nonbanking financial institutions. V.A.P Finance Limited was converted into a private company and a fresh certificate of incorporation was issued by RoC on March 30, 2011. Subsequently the name of V.A.P Finance Private Limited was changed to Equitas Finance Private Limited.
  • 2012: Demerger of its micro finance business undertaking pursuant to the order by the Madras High Court dated January 11, 2012 approving the Demerger Scheme with effect from April 1, 2011. The name of the company was changed to Equitas Holdings Private Limited.
  • 2012 Pursuant to the company becoming a non-systemically important CIC, the certificate of registration under 45-IA of the RBI Act, as an NBFC (No. N-07-00768) was cancelled by the RBI at the request of the company.
  • 2013 The name of Singhivi Investment & Finance Private Limited was changed to Equitas Micro Finance Private Limited.
  • 2015 Conversion of the company into a public limited company and change of name to Equitas Holdings Limited.
  • 2015 In-principle approval for Small Finance Bank pursuant to RBI Letter dated October 7, 2015 under reference DBR.PSBD.NBC (SFB-Equitas). No 4915/ 16.13.216/2015-16.
  • 2015 Incorporation of Equitas Technologies Private Limited as a wholly owned subsidiary of the company.
  • 2016 RBI granted in principle licence for Small Finance Bank.
  • 2016 Launch of Equitas Small Finance Bank.
  • 2016 Initial Public offering of the shares of Equitas Holding Limited over Subscribed 17.2 times.
  • 2017-18 The Company infused a capital of Rs 5 crore in its subsidiary Equitas Technologies Private Limited by subscribing to its equity shares on a rights basis.
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