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Equitas Small Finance Bank Ltd Q2FY22 net profit at Rs. 41.19 crore
Posted On : 2021-11-04 13:10:17( TIMEZONE : IST )
The Board of Directors of Equitas Small Finance Bank Limited, at its meeting held today have approved the unaudited Standalone financial results of the company for the period ended September 30, 2021.
For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 991.3988 crore, against ₹852.0752 crore in the corresponding quarter of the previous year (YoY) and ₹919.9208 crore in previous quarter (QoQ).
For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹41.1920 crore, against ₹102.9882 crore in the corresponding quarter of the previous year (YoY) and ₹11.9259 crore in previous quarter (QoQ).
For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹0.36, against ₹0.98 in the corresponding quarter of the previous year (YoY) and ₹0.10 in previous quarter (QoQ).
| Financials | Q2 FY2022 | Q1 FY2022 | QoQ % Change | Q2 FY2021 | YoY % Change |
| Total Income | ₹ 991.3988 crs | ₹919.9208 crs |  7.77% | ₹852.0752 crs | 16.35% |
| Net Profit | ₹41.1920 crs | ₹11.9259 crs | 245.40% | ₹102.9882 crs |  -60.00 % |
| EPS | ₹0.36 | ₹0.10 | 260.00% | ₹0.98 | -63.27% |
For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹1911.3196 crore, against ₹1602.5656 crore in the previous year (YoY) (Half Year Ended FY 2021).
The net profit / (loss) was at ₹53.1179 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹160.6594 crore in the previous year (YoY) (Half Year Ended FY 2021).
The Earnings Per Share stood at ₹0.46 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹1.53 in the previous year (YoY) (Half Year Ended FY 2021).
| Financials | Half Year Ended FY2022 | Half Year Ended FY2021 | % Change |
| Total Income | ₹1911.3196 crs | ₹1602.5656 crs | 19.27% |
| Net Profit | ₹53.1179 crs | ₹160.6594 crs | -66.94% |
| EPS | ₹0.46 | ₹1.53 | -69.93% |
Asset Quality:
| Asset Quality | Q2 FY2022 | Q1 FY2022 | Q2 FY2021 |
| Gross NPA | ₹880.8254 crs | ₹816.1705 crs | ₹399.6462 crs |
| Gross NPA % | 4.82% | 4.76% | 2.48% |
| Net NPA | ₹439.6400 crs | ₹398.2237 crs | ₹179.9223 crs |
| Net NPA % | 2.46% | 2.38% | 1.13% |
Gross NPA was at ₹ 880.8254 crs in Q2 FY2022 against ₹ 399.6462 crs in Q2 FY2021. The same was at ₹ 816.1705 crs in Q1 FY2022.
Net NPA was at ₹ 439.6400 crs in Q2 FY2022 against ₹ 179.9223 crs in Q2 FY2021. The same was at ₹ 398.2237 crs in Q1 FY2022.
GNPA was at 4.82% of Gross advances as on September 30, 2021 as compared to 2.48% as on September 30, 2020 and 4.76% as of June 30, 2021.
Net NPA was at 2.46% of Gross advances as on September 30, 2021 as compared to 1.13% as on September 30, 2020 and 2.38% as of June 30, 2021.
| Ratios | Q2 FY2022 | Q1 FY2022 | Q2 FY2021 |
| RoA % | 0.16% | 0.05% | 0.47% | CAR (BASEL III) % | 22.21% | 24.07% | 20.93% |
Return on Average Assets (RoA) is at 0.16% for Q2 FY2022 against 0.05% in Q1 FY2022 and 0.47% in Q2 FY2021.
In Q2 FY2022, Bank's total Capital Adequacy Ratio (CAR) was at 22.21%, as compared to 24.07% in Q1 FY2022 and 20.93% in Q2 FY2021.
Shares of Equitas Small Finance Bank Limited was last trading in BSE at Rs. 62.75 as compared to the previous close of Rs. 62.00. The total number of shares traded during the day was 53930 in over 732 trades.
The stock hit an intraday high of Rs. 65.25 and intraday low of 62.05. The net turnover during the day was Rs. 3425405.00.
