Equitas has released an investor presentation concerning the unaudited financial results for the third quarter of the financial year 2026 (October-December). The presentation highlights key performance indicators, strategic actions, and future outlook. Gross advances reached ₹43,268 Cr, with a CASA ratio of 30%. The bank reported a PAT of ₹90 Cr for the quarter.
Key Highlights from Q3FY26
Equitas reported its highest-ever overall disbursements at ₹6,557 crs in Q3FY26, representing a growth of 28% year-over-year and 22% quarter-over-quarter.
The highest ever quarterly non-MFI disbursements reached ₹5385 crs in Q3FY26, a growth of 35% year-over-year and 15% quarter-over-quarter.
Gross advances increased by 16% year-over-year and 11% quarter-over-quarter. Microfinance disbursements grew significantly by 72% quarter-over-quarter.
Asset and Liability Performance
Total deposits reached ₹43,668 Cr with a CASA ratio of 30%. About 94% of bulk term deposits are in the non-callable mode.
The cost of funds decreased by 22 bps to 7.13% during the quarter, aided by reduced rates on savings and term deposits.
GNPA was reduced by 20 bps quarter-over-quarter to 2.62% in Q3FY26.
Strategic Actions and Outlook
The bank is targeting mid-teen growth in overall advances for FY26, primarily driven by secured (non-MFI) portfolios with a stable yield of approximately 15%.
Equitas is focused on sustaining improvements in DPD metrics and disbursements, aiming for MFI to contribute toward normal profitability by Q4FY26.
The bank anticipates a moderation in the cost-to-income ratio during the second half of FY26, driven by growth in advances and income, and expects to achieve an exit ROA of about 1% in Q4FY26.
Segment-Wise Details
Small Business Loans (SBL) comprised 41% of the total advances.
Vehicle Finance constituted 23% of the total advances.
Micro Finance & Micro Loans accounted for 12% of the total advances.
Housing Finance also represented 12% of the gross advances.
Other Updates
Equitas continues to focus on digital banking initiatives, including the Equitas Selfe Loans App and Mobile Banking App 2.0, to enhance customer experience and accessibility.
Source: BSE
