Equitas Small Finance Bank Limited provides various banking products and services to for individuals and corporates, as well as micro, small, and medium enterprises in India. The company operates through Treasury, Corporate / Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers fixed and recurring deposit products; and savings, salary, business, and current accounts, as well as trust, association, society, and club accounts. The company also provides loans against property; gold, home, used and new car, business, and MSME loans; commercial vehicle finance, merchant overdraft, and MSME loans monitoring services; overdraft against deposits; investment services; general, life, and health insurances; pension schemes; payments and collection solutions; retail forex services; fund transfer services; and debit cards. In addition, it offers online, mobile, and doorstep banking services. It operates various banking outlets and ATMs. The company was formerly known as Equitas Finance Limited. Equitas Small Finance Bank Limited was incorporated in 1993 and is based in Chennai, India.
Revenue projections:
Revenue projections for EQUITASBNK Investors are expected to be cautious with EQUITASBNK, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
currentRatio
0.000000
forwardPE
9.088023
debtToEquity
35.191000
earningsGrowth
0.000000
revenueGrowth
0.067000
grossMargins
1.000000
operatingMargins
0.292150
trailingEps
-0.900000
forwardEps
0.000000
EQUITASBNK's positive gross and operating margins indicate that the company is performing profitably. These margins reflect efficient cost control and revenue generation, signaling a strong financial foundation for continued success.
Price projections:
Price projections for EQUITASBNK The gradual downward revision of Equitas Small Finance Bank Limited's price projections signals decreasing confidence in the company's future performance. Analysts are adjusting their expectations, reflecting uncertainty about Equitas Small Finance Bank Limited's growth potential.
Recommendation changes over time:
Recommendations trend for EQUITASBNK
A recent buy bias from analysts toward Equitas Small Finance Bank Limited indicates strong confidence in the stock's future performance. This could encourage investors to park their money in Equitas Small Finance Bank Limited, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.
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