Equitas Small Finance Bank: A Profitable lender to small businesses

Q1 FY 24 INVESTOR PRESENTATION HIGHLIGHTS

1. Unmet Credit demand is 30 lakh crore
2. AUM 29,600 cr vs 21688 cr YoY
3. AUM Breakup SBL(Small Business Loans)-36%, Vehicle Fin – 25%, MFI(Microfinance) – 19%, Home Fin – 11%, MSE – 4%, NBFC – 4%
4. Disbursement 4757cr vs 3238 cr YoY
5. GNPA 2.6% vs 3.95% YoY
6. Q1 PAT 191cr
7. NIM 8.76% vs 9.05% YoY (contraction due to higher interest paid to FDs)
8. RoA – 2.1% vs 1.4% YoY, RoE – 14.54% vs 9.03% YoY

12. Small Business Loans and Vehicle finances are the top contributors to AUM|

15. Overall strong results and good balance sheet