Slides
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Q2FY27
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The information in this document, including facts and figures, is being provided by Equitas Small Finance Bank Limited (the “Bank”) for informational purposes only and could be subject to change without notice. The information has also not been independently verified. No representation or warranty, express implied, is made as to the accuracy, completeness or fairness of the presentation and the information contained herein and no reliance should be placed on such information. The Bank or any other parties whose name appears herein shall not be liable for any statements made herein or any event or circumstances arising therefrom. This presentation or any part of it or the fact of its, form the basis of, or be relied on in connection with, any contract or commitment therefore. This document has not been and will not be reviewed or approved by any statutory or regulatory authority in India or any other jurisdiction or by any stock exchanges in India or elsewhere This document and the contents hereof are restricted for only the intended recipient(s). This document and the contents here of should not be (forwarded or delivered or transmitted in any manner whatsoever, to any other person, other than the intended recipients(s) or reproduced in any manner whatsoever. Any forwarding, distribution or reproducing of this document in whole or in part is unauthorized. Total in some columns / rows may not agree due to rounding off. GNPA ,NNPA & Gross Advances across the presentation refers to GNPA, NNPA & Gross Advances including IBPC sold & Direct Assignment unless mentioned. Crs denotes Crore throughout this presentation, unless specified otherwise. Key ratios are annualized and based on quarterly averages, unless otherwise stated. Forward Looking Statements: Certain statements in this document with words or phrases such as “ will”,“ etc. and similar expressions or variation of these expressions or those concerning our future prospects are forward looking statements. Actual results may differ materially from those suggested by the forward looking statements, due to a number of risks or uncertainties associated with the expectations. These risks and uncertainties include, but not limited to, our ability to successfully implement our strategies, change in government policies etc. The Bank may, from time to time, make additional written and oral forward looking statements, including statements contained in the Bank’s filings with the stock exchanges and our reports to shareholders. The Bank does not undertake to update any forward looking statements that may be made from time to time by or on behalf of the Bank.
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1 2 3 4 5 6 7 8 Key Highlights Financial Performance Assets Asset Quality Liabilities Financials Other Updates Beyond Banking
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Operational Asset Offerings Liability Profile Financials 16 States and 2 UTs 1064 Branches 402 ATMs# 372 Business Correspondent (BC) Banking Outlets 28,527 employees Gross Advances: Rs. ^50,669 Cr [Rs. 39,123 Cr] SBL - 39%, VF - 22%, MFI - 12%, HF - 13%, MSE - 5%, NBFC - 4%, Gold - 2% Disbursements for Q2FY27: Rs. 7,450 Cr [Rs. 5,380 Cr] SBL - 28%, VF - 24%, MFI - 17%, HF - 9% , MSE - 5%, NBFC - 9%, Gold - 7% Asset Quality: *GNPA: 2.29% [2.92%] NNPA: 0.70% [0.98%] PCR: 70.08% [67.03%] Yield on Gross Advances: 15.80% for Q2FY27 [15.73%] Total Deposits: Rs. 52,483 Cr [Rs. 44,094 Cr] CASA – 26%, TD & CD – 74% Third Party Products: LI & GI Premium- Rs. 38 Cr [Rs. 40 Cr] Mutual Fund AUM- Rs. 503 Cr [Rs. 467 Cr] Cost of Funds for Q2FY27: 7.12% [7.35%] SA – 5.72%, TD – 7.75% CASA Ratio: 26% [31%] PAT for Q2FY27: Rs. 218 Cr [Rs. 24 Cr] Shareholders funds: CRAR – 20.92% Tier I – 16.35% Tier II – 4.57% NIM for Q2FY27: 6.69% [6.34%] RoA: Q2FY27 at 1.31% [0.18%] RoE: Q2FY27 at 13.50% [1.65%] Figures in [] represent Q2FY26 data|*Advance for the purpose of GNPA/NNPA calculation excludes IBPC & Securitization book|^ Gross Advances includes IBPC, Securitization & DA #398 onsite and 4 offsite ATMs
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6 Particulars Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Overall Yield excl. D.A 15.73% 15.63% 15.65% 15.86% 15.88% 16.06% 15.73% 15.44% 15.51% 15.74% 15.80% 22.48% 22.43% 22.60% 23.21% 23.94% 24.68% 15.28% 15.06% 14.97% 14.85% 14.89% 14.73% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 MFI Mix on Avg Basis Overall Yield MFI Yield Non MFI Yield
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• NIM was impacted by surplus liquidity arising from FCNR deposit mobilization, refinance borrowings, securitization/DA transactions, and Tier II NCD issuance, along with a higher interest expense. • NIM is expected to improve over the next two quarters with progressive deployment of excess liquidity into advances 7 Particulars Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 NIM (On daily Average basis) 6.34% 6.75% 7.36% 7.24% 6.69% NIM (On Opening and Closing Average basis)* 6.29% 6.72% 7.29% 7.07% 6.74% *Earlier Methodology ΔA – Interest Income from Advances ΔB – Impact due to surplus liquidity ΔC – Interest reversal$ ΔD – Interest expense $Interest reversal (on cash flows assigned effective 1st September 2026 under securitization)
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MFI advances are expected to be maintained at around 10% of the overall advances. 25%+ growth in overall advances for FY27, driven by growth Across products Cost to Income is expected to moderate further in H2FY27 driven by Operating leverage with growth in advances. Going forward, we expect credit costs to normalize, with a marginal increase and stabilization towards H2FY27 1 2 3 4 With these positive levers in place, we expect to achieve an exit ROA of about 1.5% in Q4FY27. For FY27, we have revised our ROA guidance upward to around 1.35% from 1.20%, reflecting improved profitability trends Guidance RevisionExcept for the upward revision in full year FY27 ROA guidance & Advances growth, all other operating guidance remains unchanged.
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9 Particulars Q1FY27 Q2FY27 Variance Interest Income 12.56% 12.45% (0.11%) Interest Expense 5.96% 6.27% 0.31% NII 6.60% 6.18% (0.42%) Other Income 1.60% 1.73% 0.13% Net Income 8.20% 7.91% (0.29%) Opex 5.61% 5.49% (0.12%) PPOP 2.59% 2.42% (0.16%) Credit Cost 1.03% 0.69% (0.34%) PBT 1.56% 1.73% 0.17% PAT / RoA 1.18% 1.31% 0.13% RoE 11.76% 13.50% 1.74% Dupont analysis is based on average total assets for the quarter, calculated using the opening and closing balance sheet asset balances.
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10 Assets • Overall Disbursements at Rs. 7,450 Crore in Q2FY27, a growth of 38% YoY & 10% QoQ • Non MFI Disbursements at Rs. 6,161 Crore in Q2FY27, a growth of 31% YoY & 13% QoQ • Gross advances grew 30% YoY and 6% QoQ, supported by consistent disbursements across business verticals, crossing the ₹50,000 crore milestone in Q2FY27. Excluding the Direct Assignment outstanding of Rs.579 Crore as on Q2FY27, Overall bank Advances grew by 28% YoY & 7% QoQ • Non MFI book grew 24% YoY, led by 38% in MSE, 27% growth in HF and 193% in Gold Loans over previous year. SBL grew by 16% YoY. • Used Car and Used CV Advances have registered a growth of 29% YoY and 21% YoY respectively. Vehicle Finance portfolio is shifting towards used segments as per earlier guidance.
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Liabilities • Overall deposits grew by 19% YoY & 7% QoQ, crossing the ₹50,000 crore milestone in Q2FY27. • Cost of Funds increased by 7 bps to 7.12% in Q2FY27 • CASA ratio stands at 26%. • Total Retail Deposits (Retail TD+CASA) forms 68% of the overall deposits. About 92% of bulk TD is in the non- callable mode • CD ratio improved to 90.53% in Q2FY27 as compared to 92.93% in Q1FY27. CD Ratio after reducing Refinance borrowings from advances stands at 80.27% for Q2FY27 as compared to 81.25% for Q1FY27 • The Bank successfully mobilized $ 110 million of FCNR(B) deposits under the RBI FCNR(B) scheme window, taking the overall FCNR(B) deposit book to $ 138 million as of Q2FY27. • During the quarter, the Bank raised ₹ 500 Crore through issuance of Tier-II Bonds 11
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El Nino/Monsoon Update • MH & KA: The Bank’s MFI exposure to drought-affected geographies in these states is ~2.9% of overall advances, while collection efficiency continues to remain stable. The portfolio is being closely monitored • TN: Northeast Monsoon trends are evolving more favorably than earlier anticipated, with collection efficiency remaining stable. 12 Other Updates • IRDAI Consultation Paper on Insurance Distribution: Based on FY26 insurance distribution income of ~₹90 crore, the potential impact of the proposals is estimated at ~₹45 crore. Given that the proposals remain under consultation and implementation is expected to be phased, the Bank will mitigate the impact through diversification of fee income, product mix optimization and other strategic initiatives. • UPI Merchant MDR: Based on our current UPI transaction volumes and pattern, the proposed introduction of merchant MDR represents a potential fee income opportunity of ~₹18 Crore per annum, subject to regulatory changes and implementation timelines.
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Profit & Loss • Net Income grew by 32% YoY & 3% QoQ and Total Opex grew by 20% YoY & 4% QoQ • NIM declined by ~55 bps QoQ to 6.69% in Q2FY27 • Highest Quarterly PAT of ₹218 Crore in Q2FY27, up 803% YoY & 19% QoQ • RoA stood at 1.31% for Q2FY27, an improvement of 13 bps QoQ • RoE stood at 13.50% for Q2FY27, an improvement of 174 bps QoQ Asset Quality & Provisioning • GNPA reduced by 13 bps QoQ at 2.29% in Q2FY27 as compared to 2.42% in Q1FY27 • NNPA reduced by 1 bps QoQ to 0.70% in Q2FY27 as compared to 0.71% in Q1FY27 • PCR remains stable at 70.08% (86.73% Incl. technical write-offs) • Net Slippages reduced by 4 bps QoQ at 1.39% in Q2FY27 as compared to 1.43% in Q1FY27 • Credit Cost declined to 0.94% in Q2FY27 as compared to 1.37% in Q1FY27. Excluding the ARC transaction, the Credit Cost for Q2FY27 stood at 1.12% 13 Management Update • Mr. Sivaraman has been appointed as Head - Operations (SMP), effective 7th September 2026
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7.35% 7.13% 6.94% 7.05% 7.12% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Daily Avg Cost of Funds Daily Average NIM Cost to Assets RoA Credit Cost GNPA & NNPA Provision Coverage Ratio RoE 5.54% 5.96% 5.75% 5.61% 5.49% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 0.18% 0.65% 1.46% 1.18% 1.31% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 2.92% 2.75% 2.60% 2.42% 2.29% 0.98% 0.92% 0.72% 0.71% 0.70% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 GNPA NNPA 85.38% 83.95% 86.81% 86.96% 86.73% 66.93% 67.10% 73.03% 71.02% 70.08% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 PCR (Inc. TWF$) PCR 1.65% 6.10% 14.10% 11.76%13.50% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 15 6.34% 6.75% 7.36% 7.24% 6.69% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 $including Technical Write offsGNPA and NNPA have been restated in accordance with RBI disclosure requirements. 2.16% 1.88% 1.11% 1.37% 0.94% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27
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774 852 980 1,030 1,026 224 285 259 250 288 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 NII Other Income (Net) ^ Net Income Evolution (Rs. Crore) 1.64% 2.05% 1.78% 1.60% 1.73% -0.50% 0.0 0% 0.5 0% 1.0 0% 1.5 0% 2.0 0% 2.5 0% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Other Income [Net] Contribution (%) 16 1.76% 2.21% 2.77% 2.59% 2.43% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 PPoP / Assets (%) 20 24 34 18 28 17 17 17 17 18 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 TPP Income General & Other Income Liability Fee Income (Rs. Crore)
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Rs. Crore Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Employee expenses 474 516 514 549 546 Other expenses (net of digital expenses) 244 270 277 282 318 Depreciation 39 43 46 44 47 Total Operating expenses 757 829 837 875 911 No. of employees 27,145 28,451 28,058 27,720 28,527 17 75.89% 72.96% 67.52% 68.38% 69.36%70.37% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Cost to Income Excluding the one-time incremental provision of Rs. 29.52 Crore due to the implementation of new labour code
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Rs Crore Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 YoY % Mix % Micro Finance & Micro Loans 3,392 ^5,159 ^5,756 ^6,018 ^6,331 87% 12% Small Business Loans (SBL) 17,188 17,756 18,559 19,249 19,966 16% 39% Housing Finance 5,066 5,360 5,782 6,044 6,422 27% 13% Vehicle Finance 9,801 10,118 10,627 10,947 11,330 16% 22% - Used CV 5,228 5,530 5,899 6,101 6,351 21% 13% - New CV 2,420 2,290 2,270 2,223 2,197 -9% 4% - Used Car 2,153 2,298 2,458 2,622 2,782 29% 5% MSE Finance 1,851 2,021 2,090 2,176 2,563 38% 5% NBFC 1,085 1,895 1,938 1,778 2,213 104% 4% Gold 407 593 894 979 1,190 193% 2% Others† 333 366 518 450 654 97% 1% Gross Advances 39,123 43,268 46,165 47,641 50,669 30% 100% † Others overdrafts against fixed deposits, credit cards, personal loans and staff loans 19^Includes DA
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Rs Crore Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 YoY % Micro Finance & Micro Loans 682 1,173 1512 1,343 1,289 89% Small Business Loans (SBL) 1,636 1,698 2032 1,883 2,110 29% Housing Finance 474 556 697 550 678 43% Vehicle Finance 1506 1,569 1779 1,583 1,768 17% - Used CV 1072 1,071 1226 1,019 1,161 8% - New CV 57 105 125 119 135 136% - Used Car 377 393 428 446 472 25% MSE Finance 277 263 300 279 400 44% NBFC 625 945 460 780 666 7% Gold 173 349 566 366 539 212% Total Disbursements 5,380 6,557 7,347 6,784 7,450 38% 20Total Disbursements includes other products with negligible values
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Product Segment Number of Live Loans ATS @ Disbursement (Lacs) ATS @ Portfolio (Lacs) GNPA (%) PCR (%) Micro Finance & Micro Loans$ 11,65,455 0.74 0.49 3.59% 91.26% Small Business Loans (SBL) 3,11,606 12.69 6.27 2.55% 38.77% Housing Finance 55,135 14.34 10.05 1.04% 34.81% Vehicle Finance 3,07,618 6.91 3.43 1.82% 47.36% MSE Finance 3,164 *166.99 *72.95 2.49% 63.07% NBFC 64 6055 3,457.32 - - 56% 19% 25% UCV NCV Used Car VF Product Mix 21 28% 14%36% 1% ^21% G LAP M LAP BL Agri Others^ SBL Product Mix *Excludes TReDS 39% 45% 16% SCV LCV HCV 20% 43% 36% 1% SCV LCV HCV Others NCV UCV ^includes SLAP & Merchant OD $excludes DA
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GNPA Movement (Rs. Crore) Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Opening GNPA Balance (A) 1035.99 1081.87 1116.09 1134.89 1100.39 Net Slippages (B) 355.19 246.54 85.11 165.16 165.65 - Net Slippages MFI Book 178.11 102.41 47.40 39.70 39.77 - Net Slippages Non MFI Book 177.09 144.13 37.71 125.46 125.87 Total Write-offs (C) 92.85 157.46 66.31 199.66 69.74 NPA Assets sold to ARC (D) 216.46 54.85 - - 110.00 Closing GNPA Balance (E = A + B – C – D) 1081.87 1116.09 1134.89 1100.39 1086.30 Net Slippages Ratio (MFI Book) 20.14% 12.08% 3.67% 2.76% 2.64% Net Slippages Ratio (Non MFI Book) 2.08% 1.61% 0.40% 1.24% 1.21% Net Slippages Ratio 3.78% 2.52% 0.79% 1.43% 1.39% Note - Slippages are reported on an Annualised basis 23 9% 12% 12% 13% 12% 5.40% 2.14% 1.34% 1.27% 1.48% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 MICROFINANCE* MF Loan Mix 1-90 DPD 9.06% 7.60% 6.64% 7.24% 7.42% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 BANK 1-90 DPD 7.24% 91% 88% 88% 87% 88% 9.41% 8.35% 7.41% 8.12% 8.31% 0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% 9.00% 10.00% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 85% 86% 87% 88% 89% 90% 91% 92% NON MFI Non MF Loan Mix 1-90 DPD The Bank's 1-90 DPD stood at 7.24% and the Non-MFI portfolio 1-90 DPD stood at 8.08%, including the recently securitized portfolio of ₹1,235 crore. 8.08% *Includes DA
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Asset Classification Nature Provisioning as per IRAC Provisioning as per Equitas Sub-standard Secured 15% 26% Unsecured 25% 92% Doubtful-1 Secured 25% 80% Unsecured 100% 99% Doubtful-2 Secured 40% 100% Unsecured 100% 100% Doubtful – 3 Secured 100% 100% Unsecured 100% 100% 24 66.93% 67.10% 73.03% 71.02% 70.08% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 PCR MOVEMENT PCR
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as on September 30, 2026 CA [Current Account] SA [Savings Account] CASA [Low cost deposits] ^TD [Term Deposits] CASA+TD [Customer Deposits] Balance (Rs. Crore) 2031 11,449 13,480 39,003 52,483 as a % of total borrowings (Rs. 59,369 Crore) 3% 19% 23% 66% 88% as a % of total deposits (Rs. 52,483 Crore) 4% 22% 26% 74% 100% 2219 1766 1275 1536 1304 2031 10,800 11,856 11,611 10,662 11,003 11,449 31,326 30,472 30,782 34,335 36,669 39,003 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 CA SA TD Customer Deposit Evolution (Rs. Crore) 26 ^Includes Certificate of Deposits of Rs. 2,376 Crs
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17,925 17,220 17,518 18,475 20,459 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 67% 65% 61% 58% 60% 33% 35% 39% 42% 40% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Retail TD Bulk TD Elite Book (Rs. Crore) Retail & Bulk ^TD Mix 8% 53%10% 7% 9% 13% Upto 1 Lac 1 Lac to 1 Cr 1 Cr to 3 Cr 3 Cr to 10 Cr 10 Cr to 100 Cr 100 Cr + Savings Slab Wise (%) 60% 6% 34% <3Cr 3Cr to <10Cr 10 Cr+ Term Deposit Slab Wise (%) 55% 20% 4% 10% 2% 9% INDIVIDUALS BANKS PVT.CORPORAT ES GOVT./LOCAL BODIES TRUSTS OTHERS Deposit Category 27 ^TD excludes certificate of Deposits | Retail TD as defined by RBI .
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5.57% 5.24% 5.10% 5.29% 5.72% 8.32% 8.08% 7.82% 7.74% 7.75% 7.35% 7.13% 6.94% 7.05% 7.12% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Deposit cost - SA Deposit cost- TD Cost of Funds Daily Average Cost of Funds (%) 22% 62% 9% 2% 3% 2% CASA TD* Refinance Tier-II Bond Securitisation/Assignment IBPC Funding Profile MixBook Value (In Rs Crore) Q4FY26 Q1FY27 Q2FY27 TD 32,046 33,670 36,627 Certificate of Deposits 2,289 2,999 2,376 Refinance 4,773 5,722 5,386 Tier – II Bond 1,000 1,000 1,500 CASA 12,198 12,307 13,480 Securitization/Assignment 585 981 2106 IBPC 2,000 1,145 1055 Total 54,891 57,823 62,530 28 * Includes Certificate of Deposits
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Borrowings & Liquidity • The Bank’s Certificate of Deposits (CD) programme has highest rating at A1+ from India Ratings, CareEdge Ratings & CRISIL. • The Bank’s issuer rating has been rated AA-/Stable by India Ratings & CareEdge Ratings • The Bank’s Tier-II Bond has been rated AA-/Stable by India Ratings & CareEdge Ratings • During the quarter, the Bank raised ₹ 500 Crore through issuance of Tier-II Bonds for a tenure of 10 years. • Liquidity Coverage Ratio (LCR) as on 30.09.2026 is 173.30% Category ( In Rs. Crore) Q2FY27 SLR 11,090 Non SLR 1,157 Total 12,247 The Bank’s total net Investment portfolio of Rs. 12,247 Crore comprises of SLR and Non-SLR securities 29 Income from Investments for the quarter is Rs. 27 Crore * *including dividend income and net of mark-to market impact on investments
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Particulars (in Rs Crore) Sep-26 Sep-25 YoY % Jun-26 QoQ% Capital & Liabilities Capital 1,144 1,141 0% 1,144 0% Reserves & Surplus 5,409 4,718 15% 5,223 4% Networth 6,553 5,858 12% 6,367 3% Deposits 52,483 44,094 19% 48,976 7% Borrowings 6,886 3,452 99% 6,722 2% Other Liabilities & Provision 2,525 2,027 25% 2,218 14% Total 68,446 55,431 23% 64,283 6% Assets Cash and Balances With Reserve Bank of India 6,029 5,614 7% 6,802 -11% Balances With Banks and Money At Call and Short Notice 938 726 29% 287 227% Investments 12,247 10,598 16% 9,870 24% Advances 46,751 36,352 29% 44,733 5% Fixed Assets 975 709 37% 785 24% Other Assets 1,507 1,432 5% 1,806 -17% Total 68,446 55,431 23% 64,283 6% Gross Advances 50,669 39,123 30% 47,641 6% 31
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Particulars (in Rs Crore) Q2FY27 Q2FY26 YoY% Q1FY27 QoQ% Interest Income from Loans 1,818 1,410 29% 1,755 4% Income on Investments 180 163 11% 175 3% Interest on balances with RBI and other inter bank funds 68 44 55% 30 126% Total Interest Income 2,066 1,617 28% 1,960 5% Finance Cost Interest on deposits 881 791 11% 804 10% Interest on RBI / inter-bank borrowings 20 6 240% 9 122% Other interest 139 47 195% 117 18% Total Finance Cost 1,040 844 23% 930 12% Net Interest Income 1,026 773 33% 1,030 0% Other Income^ Asset Fee Income 213 153 39% 184 16% Treasury & PSLC Fee Income 29 33 -12% 31 -6% Liability & Distribution Income 45 38 21% 35 30% Total Other Income^ 287 224 28% 250 15% ^Other income is net of digital expenses 32
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Particulars (in Rs Crore) Q2FY27 Q2FY26 YoY% Q1FY27 QoQ% Net Income 1,313 997 32% 1,280 3% Employee Cost 546 474 15% 549 0% Opex 365 283 29% 326 12% Total Operating Expenditure 911 757 20% 875 4% PBT before provision & Write-off 402 240 67% 405 -1% Credit Cost 115 207 -44% 161 -28% PBT 287 33 757% 244 18% Taxes 69 9 637% 60 15% PAT 218 24 803% 184 19% 33
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1,082 1,116 1,135 1,100 1,086 358 367 306 319 325 2.92% 2.75% 2.60% 2.42% 2.29% 0.98% 0.92% 0.72% 0.71% 0.70% -1.00% -0.50% 0.0 0% 0.5 0% 1.0 0% 1.5 0% 2.0 0% 2.5 0% 3.0 0% 3.5 0% 50 250 450 650 850 1,05 0 1,25 0 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 GNPA (Rs. Cr) NNPA (Rs. Cr) GNPA % NNPA % GNPA Movement (Rs. Crore) Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Opening GNPA Balance 1,067.73 1,035.99 1,081.87 1,116.09 1,134.89 1,100.39 Add: Additions during the period 663.87 599.02 517.58 344.92 399.97 464.89 Less: i. Upgradations & Recoveries 211.10 243.82 271.04 259.81 234.81 299.24 ii. Write-offs 484.51 92.86 157.46 66.31 199.66 69.74 Closing GNPA Balance 1,035.99 1,298.32 1,170.95 1,134.89 1,100.39 1,196.30 NPA Assets sold to ARC - 216.46 54.85 - - 110.00 Closing GNPA Balance- Post ARC Sale 1,035.99 1,081.87 1,116.09 1,134.89 1,100.39 1,086.30 34
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6.58% 6.38% 7.26% 7.50% 7.22% 7.09% FY22 FY23 FY24 FY25 FY26 H1FY27 Cost of Funds Net Interest Margin (NIM) Cost to Assets RoA Credit Cost GNPA & NNPA Provision Coverage Ratio RoE 8.54% 9.00%8.36% 7.51%6.69% 6.91% FY22 FY23 FY24 FY25 FY26 H1FY27 6.00% 6.34% 6.05% 5.71% 5.71% 5.54% FY22 FY23 FY24 FY25 FY26 H1FY27 1.10% 1.89% 2.00% 0.30% 0.19% 1.25% FY22 FY23 FY24 FY25 FY26 H1FY27 2.60% 1.56% 1.01% 3.14% 2.78% 1.14% FY22 FY23 FY24 FY25 FY26 H1FY27 4.06% 2.60% 2.61% 2.89% 2.60% 2.29% 2.37% 1.14% 1.17% 0.98% 0.72% 0.70% FY22 FY23 FY24 FY25 FY26 H1FY27 GNPA NNPA 42.73% 56.90%56.06% 66.83%73.03%70.08% FY22 FY23 FY24 FY25 FY26 H1FY27 7.75% 12.55% 14.43% 2.45% 2.45% 12.65% FY22 FY23 FY24 FY25 FY26 H1FY27 35
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ENHANCE CUSTOMER EXPERIENCE DELIVERING MARKET-LEADING DIGITAL PLATFORMS STRENGTHEN IN-HOUSE DEVELOPMENT DESIGN ONCE, DELIVER MANY AUTOMATE & ACCELERATE ADOPTING EMERGING TECHNOLOGIES Drives stronger customer loyalty and retention by providing superior personalized banking experience enabling seamless self-service journeys Completely integrated digital apps with very high digital quotients across customer on-boarding & servicing Reduced vendor dependency due to in-house capability; stronger control, faster innovation and long-term cost-efficiency Enabling scalable, consistent solutions across multiple channels and use cases; driving faster time-to-market and cost efficiency Superior operational efficiency through streamlined, automated processes enabling faster delivery, cost efficiency and improved accuracy Strengthens market competitiveness while accelerating innovation; delivering superior customer experiences, improved efficiency and sustainable growth
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Branch-Induced Payments: Agent validates payment instructions, detects anomalies, suggests routing, prepares maker- checker evidence and updates payment status. Cheque Clearing: Automated end-to-end process with OCR/ICR extraction, field validation, signature-anomaly detection, rule- based decisions and full audit traceability. Collections Voice AI: AI voice bots call customers in approved languages, capture intent or promise-to-pay, and integrate with Encollect to send payment links or UPI IDs. EquiTest: Home-grown app that auto-generates test cases and scenarios from the Requirement Document - faster time-to- market, lower QA effort, higher release confidence. CASA / FD / RD / Account Servicing: AI reads forms and documents, extracts key fields, checks completeness, validates across application, documents and APIs, and routes exceptions to CPV/QC/Authorizer. Loan Processing: AI extracts loan data, validates documents, analyses bureau/income/bank statements, and generates Credit Appraisal Memo (CAM) summaries with risk nudges.
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2007 Launched Microfinance 2011 Launched Vehicle Finance 2013 Launched Small Business Loans 2020 Completed the IPO & Successful listing of Equitas SFB 2018 Launched MSE Finance 2016 Commenced operations as SFB post receipt of final approval from RBI 2021 Launched Affordable Housing Finance & Used Car Loans 2025 Launched FNCR Deposits & Inward Remittances 2026 Launched Credit Card (Cross-sell to Liabilities Customers)
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1 Chandigarh 30 Haryana 79 Rajasthan 63 Gujarat 161 Maharashtra 136 Karnataka 9 Keralam 29 Punjab Himachal Pradesh 3 Uttarakhand 2 Delhi 20 Uttar Pradesh 17 Madhya Pradesh 59 Chhattisgarh 24 Telangana 31 Andhra Pradesh 49 Puducherry 4 TamilNadu 347 Districts present in | Branch networkMap not to scale States Advances (%) Deposits (%) Andhra Pradesh 4.09% 1.74% Chandigarh 0.01% 2.09% Chhattisgarh 0.80% 1.49% Delhi 1.12% 8.61% Gujarat 4.30% 5.36% Haryana 2.39% 5.46% Himachal Pradesh 0.09% - Karnataka 12.15% 7.18% Keralam 1.47% 1.80% Madhya Pradesh 2.99% 3.61% Maharashtra 15.85% 19.63% Punjab 1.37% 6.27% Rajasthan 4.47% 6.25% Tamil Nadu & Pondicherry 43.34% 25.31% Telangana 4.35% 3.05% Uttar Pradesh 1.10% 1.72% Uttarakhand 0.12% 0.44%
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Small Business Loans Vehicle Finance Housing Finance Microfinance MSE Finance NBFC Lending Gold Loans Credit Card & PL ● Small business & Salaried ● Gross Advances: 19,888 Crs ● Avg. Yield: 15-16% ● Asset Mix: 39% ● Self employed for CVs ● Self employed & Salaried for Used Cars ● Gross Advances: 11,330 Crs ● Avg. Yield: 15-16% ● Asset Mix: 22% ● Self employed & Salaried ● Gross Advances : 6,422 ● Avg. Yield: 12-13% ● Asset Mix: 13% ● Women self help group (JLG);Proportion of JLG: 99% ● Gross Advances: 6,331 ● Avg. Yield: 22-24% ● Asset Mix: 12% (incl. DA) ● Micro & Small enterprises ● Gross Advances: 2,641 Crs ● Avg. Yield: 10-10.5% ● Asset Mix: 5% ● Lending to NBFCs ● Gross Advances: 2,213 Crs ● Avg. Yield: 9.5-10% ● Asset Mix: 4% ● Self employed & Salaried ● Gross Advances: 1,190 Crs ● Avg. Yield: 13-14% ● Asset Mix: 2% ● Primarily cross sell to Liabilities Customers to build customer Stickiness The average yield on above represents the range of the average portfolio yield
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The Bank through its liability products serves a wide range of mass and mass affluent clientele via physical and digital channels… Current / Savings A/C Term Deposit (FD/RD) Bank Locker AD1 FCNR Remittance Mutual Funds Insurance 3 in 1 Trading A/C; ASBA Fastag / Prepaid Cards Gold Loans / Credit card Physical Channels Digital Channels Phygital Channel ● Banking Outlets ● Relationship Managers ● Acquisition Channel ● ATMs ● MB/IB* ● Phone Banking ● WhatsApp Banking ● Virtual RMs ● Express Banking (Banker on Wheels) Pool of Liabilities *MB/IB – Mobile Banking/Internet Banking
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Equitas has expanded its ELITE program into Elite Lite, Elite, and ARTHA to strengthen family banking. ● Exclusive propositions for HNI families ● Enables multi-member, multi-product relationships ELITE ARTHA is Equitas premium family banking proposition offering enhanced privileges and personalized service for high-value relationships. Equitas’ premium NRI family banking program offering global privileges, priority service, and shared benefits for families in India and abroad Equitas’ exclusive family banking program offering premium privileges and priority service for affluent households. An entry-level family banking proposition with curated benefits and priority service for emerging affluent families.
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Selfe SA/FD: Fully digital NTB onboarding for Savings Accounts and Fixed Deposits Get in Touch: Direct in-app connectivity with assigned Relationship Managers Bharat Connect: Easy bill payments across verticals including auto pay setup Integrated Banker on Wheels Application for seamless access to eligible customers EzyBID: Advanced Smart ASBA with enhanced UI/UX and automated workflows. Seamless application for IPOs, FPOs and Rights Issue through one platform Apply for Credit Card, PL & Fastag. All Credit Card related functionalities are now available inside 2.0 App Integrated UPI: Complete UPI suite including ScanNPay and all related functionalities ENVI: Insurtech platform offering end-to-end digital journey for insurance booking Envest: Mutual funds platform with a wide fund basket, enabling easy portfolio management and tracking booking Next Generation Cloud Native, future ready platform with: Completely New User Interface, Hassle free Experience, Built with enhanced security, and many more… Equitas 2.0 Mobile Banking App Track and Manage Your Account Anytime, Anywhere! Manage Cards with ease. Block, freeze and unfreeze cards anytime.
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At Equitas, 3C x ESG Framework that translates our Environmental, Social, and Governance (ESG) priorities into tangible actions across three key constituencies: Customers, Community, and Company We conducted a structured materiality assessment to identify and prioritize key issues critical to our stakeholders and business, reflecting our commitment to addressing factors that impact performance, trust, and societal impact. Independent Board Directors New workspace designed with modern sustainable practices DEVELOPMENT COMMUNITY OPERATIONSINCLUSION EMISSIONS GREEN FINANCING
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FREE CATARACT SURGERIES DIFFERENTLY ABLED JOB PLACEMENTS PAVEMENT DWELLERS REHABILITATION SKILL TRAINING HEALTH CAMPS WOMEN EMPOWERMENT TRANSGENDER INCLUSION Beneficiaries:- Q2FY27 – 5 Cumulative - 2957 Financial help: Q2FY27 - 9 Cumulative - 181661 CHILDREN SCHOLARSHIP Placed Youth: Q2FY27 - 3129 Cumulative - 365319 Beneficiaries: Q2FY27 – 31 Cumulative - 6578 Camps Conducted: Q2FY27 - 309 Cumulative - 54990 Women Trained: Q2FY27 - 4644 Cumulative - 735341 Exhibitions Conducted: Q2FY27 - 26 Cumulative - 381 Beneficiaries:- Q2FY27 – 170 Cumulative - 43615 Beneficiaries: Q2FY27 - NIL Cumulative - 648
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Investor Relations Equitas Small Finance Bank Limited Website - https://ir.equitas.bank.in/ Email - ir@equitas.bank.in Resgistered Office: 4th Floor, Phase II, Spencer Plaza, No. 769, Mount Road, Anna Salai, Chennai 600 002, Tamil Nadu