Equitas Holdings (Delisted) share price
BSE: 539844Finance
Equitas Holdings Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Apr 2016 · Issue price ₹110
Last traded ₹120.30 on 2 Feb 2023
Delisted on 29 Mar 2023.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Feb 2023
3 Feb · Legal
Exchange has sought clarification from Equitas Holdings Limited for the quarter ended 31-Dec-2022 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. Consolidated Financial Results not submitted The response of the Company is awaited.1 Feb · Suspension of Trading
Members of the Exchange are hereby informed that the trading in Equity Shares of Equitas Holdings Limited shall be suspended w.e.f. February 03, 2023 (i.e., closing hours of trading on February 02, 2023) on account of Scheme of Amalgamation.
Jan 2023
25 Jan · Results
Q3 results, quarter to Dec 2022
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- Income from operationsIncome from operations. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.
- ₹4.31 Cr−12.6% on a year ago · +0.6% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹2.82 Cr+43.7% on the quarter before
- Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary
- ₹0.08+33.3% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, on the quarter before wherever the profit of that quarter was restated, and across a change of basis named under the table, on the lines it affects.
- Net interest incomeNet interest income. Interest earned − interest paid; for a finance company, interest earned − finance costs. Net interest income in the glossary
- ₹4.19 Cr
- Profit before provisionsProfit before provisions. Profit before anything is set aside for loans that may not be repaid: for a bank, total income − its expenses other than provisions, as stated, which are interest paid and operating expenses; for a finance company, total income − finance costs − operating expenses. Profit before provisions in the glossary
- ₹3.13 Cr
From interest earned to net profit, ₹ crore
- Interest earned4.2
- Interest paid0.0
- Net interest income4.2
- Other income+0.1
- Operating expenses−1.2
- Before provisions3.1
- Set aside for bad loans0.0
- Profit before tax3.1
- Tax−0.3
- Net profit2.8
Equitas Holdings results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2022. Results for the quarter to Mar 2023 were due by 30 May 2023, 60 days after it ends. Every company's dates are on the results calendar.
Income from operations and net profit by quarter, ₹ crore
- Income from operations
- Net profit
- Loss
Net interest income and money set aside for bad loans by quarter, ₹ crore
- Net interest income
- Set aside for bad loans
- Loss
| ₹ crore | Mar 2018 | Jun 2018Q1 | Sep 2018 | Dec 2018Q3 | Mar 2019 | Jun 2019Q1 | Sep 2019 | Dec 2019Q3 | Mar 2020 | Jun 2020Q1 | Sep 2020 | Dec 2020Q3 | Mar 2021 | Jun 2021Q1 | Sep 2021 | Dec 2021Q3 | Mar 2022 | Jun 2022Q1 | Sep 2022 | Dec 2022Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income from operations | 3 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 163 | 7 | 5 | 5 | 5 | 5 | 4 | 4 | 4 |
| Interest earned | – | – | – | – | – | 4 | 4 | 4 | 4 | 4 | 3 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Interest paid | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net interest income | – | – | – | – | – | 4 | 4 | 4 | 4 | 4 | 3 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Other income. Income besides interest, for the period: for a bank, its other income as stated, such as fees, commissions and gains on investments; for a finance company, total income − interest earned, or where total income is not stated, fees and commission + gains on fair value changes + other income. Other income in the glossary | – | – | – | – | – | 2 | 1 | 1 | 1 | 1 | 1 | 158 | 2 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Fees and commissionFees and commission. Fees and commissions the finance company charged its customers in the period; given only where interest earned and the other revenue lines add to the revenue from operations stated. Fees and commission in the glossary | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gains on fair value changesGains on fair value changes. Gains on investments and other holdings counted at their market value, for the period; given only where interest earned and the other revenue lines add to the revenue from operations stated. Gains on fair value changes in the glossary | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| RentRent received. Rent earned on property the finance company lets out, for the period; given only where interest earned and the other revenue lines add to the revenue from operations stated. Rent received in the glossary | – | – | – | – | – | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Other operating revenueOther operating revenue. Revenue from operations besides interest, fees, gains, dividends, rent and sales, for the period; given only where interest earned and the other revenue lines add to the revenue from operations stated. Other operating revenue in the glossary | – | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 157 | 1 | – | – | – | – | – | – | – |
| Income outside operationsIncome outside operations. The finance company's income outside its revenue from operations, for the period, as its statement gives it. Income outside operations in the glossary | – | – | – | – | – | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| The lines under it are parts of it, not all of it. | – | – | – | – | – | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 5 | 1 | 1 | 7 | 9 | 2 | 2 | 1 |
| Profit before provisions | – | – | – | – | – | 4 | 3 | 3 | 3 | 4 | 3 | 161 | 2 | 4 | 4 | −2 | −5 | 3 | 3 | 3 |
| Set aside for bad loansProvisions for bad loans. What was set aside in the period for loans that may not be repaid: for a bank, its provisions other than for tax, which also cover its investments and loans still being repaid; for a finance company, the impairment of its loans and other financial assets. Provisions for bad loans in the glossary | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional itemsExceptional items. One-off gains or losses the company states separately, for the period; on a bank's group accounts, not given where the line is the outside owners' share of its subsidiaries' profit. Exceptional items in the glossary | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −61 | 0 | 3 | 0 | 0 |
| Profit before tax | 2 | 4 | 4 | 4 | 1 | 4 | 3 | 2 | 3 | 4 | 3 | 161 | 2 | 4 | 4 | −63 | −5 | 5 | 3 | 3 |
| 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 1 | 1 | 19 | 2 | 1 | 1 | 0 | −3 | 1 | 1 | 0 | |
| Net profit | 1 | 3 | 3 | 3 | 1 | 3 | 1 | 2 | 1 | 3 | 2 | 142 | 0 | 3 | 3 | −63 | −2 | 5 | 2 | 3 |
| Other comprehensive incomeOther comprehensive income. Gains and losses after tax that bypass profit, such as the change in value of some investments and of pension obligations. Other comprehensive income in the glossary | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total comprehensive incomeTotal comprehensive income. Profit + other comprehensive income, given where the two come to it. Total comprehensive income in the glossary | – | 3 | 3 | 3 | 1 | 3 | 1 | 2 | 1 | 3 | 2 | 142 | 0 | 3 | 3 | −63 | −2 | 5 | 2 | 3 |
| Earnings per shareEarnings per share. The earnings per share stated for the period ÷ the split factor, so a figure from before a split sits on the same share as today's; a figure the company filed after a split or bonus is already on the new share count and is divided by the splits after its filing day only. | ₹0.04 | – | ₹0.08 | ₹0.09 | ₹0.02 | ₹0.10 | ₹0.04 | ₹0.06 | ₹0.03 | ₹0.08 | ₹0.05 | ₹4.16 | ₹0.00 | ₹0.08 | ₹0.08 | −₹1.84 | – | ₹0.14 | ₹0.06 | ₹0.08 |
| Diluted earnings per shareDiluted earnings per share. That diluted earnings per share on today's share count, restated by the same splits and bonuses as the basic figure. Diluted earnings per share in the glossary | ₹0.04 | – | ₹0.08 | ₹0.09 | ₹0.02 | ₹0.10 | ₹0.04 | ₹0.06 | ₹0.03 | ₹0.08 | ₹0.05 | ₹4.16 | ₹0.00 | ₹0.08 | ₹0.08 | −₹1.84 | – | ₹0.14 | ₹0.06 | ₹0.08 |
Earnings per share in rupees, restated for later splits and bonuses. A lender's lines are blank for the quarters to Mar 2018, Jun 2018, Sep 2018, Dec 2018 and Mar 2019: the company's filing for those results has none of them.
The quarter to Jun 2018 was restated in the company's filing of 3 Nov 2018. The table shows the restated figures.
6 years at a glance
Consolidated, laid out as a lender that is not a bank files them. No figures on this form for the years to Mar 2013, Mar 2014, Mar 2015 and Mar 2016. A lender's lines are blank for the years to Mar 2017, Mar 2018 and Mar 2019: the company's filing for those results has none of them.
Net interest income, Net profit, ₹ crore
- Net interest income
- Net profit
Net interest margin, Return on assets, per cent
- Net interest marginNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. Net interest margin in the glossary
- Return on assetsReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. Return on assets in the glossary
Equitas Holdings business segments, year to Mar 2022
A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them. A segment at a loss has no share of profit.
Revenue by segment
₹4,045 CrTotal
- Banking₹4,022 Cr99.4% of total
- Others₹23 Cr0.6% of total
Profit by segment
- Banking₹356 Cr100.0% of total
Segment results by year
Consolidated, ₹ crore, years to March.
Banking
Revenue, ₹ croreProfit, ₹ croreOthers
Revenue, ₹ croreProfit, ₹ crore
| ₹ crore | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|---|
| Revenue of all businesses | 2,359 | 2,936 | 3,821 | 4,045 |
| Company revenue, as in its resultsCompany revenue. The company's revenue from operations for the period in its results, on the same accounts as its segments. It is below the businesses' sum where they sell to one another, or where the segments include a business the results report as discontinued. | 2,275 | 2,890 | 3,735 | 3,978 |
| Revenue | 2,354 | 2,929 | 3,650 | 4,022 |
| Revenue growthSegment revenue growth, year on year. The change in the segment's revenue from the same period a year before, as a percentage of that earlier revenue: a year against the year before, a quarter against the same quarter. Segment revenue growth, year on year in the glossary | – | 24.4% | 24.6% | 10.2% |
| ProfitSegment profit. What the business earned before tax and finance costs, as the company measures each of its businesses. Segment profit in the glossary | 277 | 319 | 501 | 356 |
| Profit growthSegment profit growth, year on year. The change in the segment's profit from the same period a year before, as a percentage of that earlier profit, left empty where either is a loss, since growth from or into a loss is not a percentage. Segment profit growth, year on year in the glossary | – | 15.2% | 57.0% | −29.0% |
| MarginSegment margin. Segment profit as a percentage of the segment's revenue. Segment margin in the glossary | 11.8% | 10.9% | 13.7% | 8.8% |
| AssetsSegment assets. What the company holds for this business at the period end: plant, stock, receivables and the like. Segment assets in the glossary | – | 20,765 | 25,445 | 27,568 |
| LiabilitiesSegment liabilities. What this business owes at the period end, such as payments due to suppliers. Segment liabilities in the glossary | – | 17,927 | 21,907 | 23,143 |
| Revenue | 4 | 7 | 170 | 23 |
Profit is before tax and finance costs, the way companies report their segments.
Income
₹ crore, years to March.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|---|---|---|
| Total incomeTotal income. Everything earned in the period, the total the statement states: for a bank, its interest earned and other income, with any other income line its statement totals; for a finance company, revenue from operations + other income; for a general insurer, premium earned + income from the policyholders' investments + other income; for a life insurer, premiums + the income and gains on the policyholders' investments. Total income in the glossary | – | – | – | 2,936 | 3,821 | 4,045 |
| Interest earned | – | – | – | 2,775 | 3,347 | 3,631 |
| Interest paid | – | – | – | 1,191 | 1,445 | 1,481 |
| Net interest income | – | – | – | 1,584 | 1,902 | 2,150 |
| – | – | – | 161 | 474 | 414 | |
| Fees and commission | – | – | – | 109 | 184 | 300 |
| Gains on fair value changes | – | – | – | 3 | 45 | 46 |
| Rent | – | – | – | 2 | 2 | 1 |
| Other operating revenue | – | – | – | – | 157 | – |
| Income outside operations | – | – | – | 46 | 86 | 67 |
| The lines under it are parts of it, not all of it. | – | – | – | 1,178 | 1,332 | 1,713 |
| Profit before provisions | – | – | – | 567 | 1,044 | 851 |
| Set aside for bad loans | – | – | – | 251 | 388 | 501 |
| Exceptional items | – | – | – | 0 | 0 | −61 |
| Profit before tax | 252 | 51 | 271 | 316 | 656 | 289 |
| 92 | 20 | 95 | 110 | 142 | 86 | |
| The lines under it are parts of it, not all of it. | 159 | 31 | 176 | 206 | 514 | 203 |
| Other comprehensive income | – | – | 1 | 1 | 4 | −2 |
| Total comprehensive income | – | – | 177 | 207 | 518 | 201 |
| Earnings per share | – | ₹0.92 | ₹5.18 | ₹6.03 | ₹15.03 | ₹5.95 |
| Diluted earnings per share | – | ₹0.91 | ₹5.18 | ₹6.03 | ₹15.03 | ₹5.95 |
Balance sheet
₹ crore, at 31 March.
| ₹ crore | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|---|
| Total assetsTotal assets. Everything the company owns, at the period end; for an insurer, whose balance sheet shows its assets net of what it owes in the short term, that net figure + its current liabilities and provisions − any debit balance in its profit and loss account and expenditure not yet written off, and not given where only the net figure is stated. Total assets in the glossary | – | 20,835 | 25,583 | 27,613 |
| Loans given | – | 15,106 | 17,510 | 20,039 |
| Investments | – | 2,344 | 3,838 | 4,548 |
| DepositsDeposits. Money customers have placed with the company on deposit, at the period end. Deposits in the glossary | – | 10,679 | 16,260 | 18,735 |
| Borrowings. Money borrowed, at the period end, deposits left out: for a bank and an insurer, its borrowings as stated; for a finance company, bonds and debentures + loans taken + subordinated debt. Borrowings in the glossary | – | 6,637 | 4,904 | 3,507 |
| Bonds and debenturesBonds and debentures. Money the finance company borrowed by issuing bonds, debentures and commercial paper, at the period end. Bonds and debentures in the glossary | – | 220 | 220 | 150 |
| LoansLoans. Money the finance company borrowed from banks and other lenders, besides bonds, subordinated debt and deposits, at the period end. Loans in the glossary | – | 6,417 | 4,684 | 3,357 |
| Net worth. Net worth at the period end, the whole group's on group accounts: for a bank, share capital + reserves and surplus; for a finance company, total equity as stated; for a general insurer, share capital + reserves; for a life insurer, shareholders' funds as stated, or share capital + reserves + the fair value change account where they are not. An insurer's is less any debit balance in its profit and loss account and expenditure not yet written off. Not given where the balance sheet states the share capital, the reserves or the net worth as 0. Net worth in the glossaryThe lines under it are parts of it, not all of it. | – | 2,903 | 3,672 | 4,459 |
Margins and returns
Per cent a year, on the average of the opening and closing balance sheets.
| Figure | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|
| Net interest margin | – | 9.81% | 9.36% |
| Yield on interest-earning assetsYield on interest-earning assets. Interest earned ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. Yield on interest-earning assets in the glossary | – | 17.25% | 15.81% |
| Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. Cost of funds in the glossary | – | 7.51% | 6.82% |
| SpreadSpread. Yield on the assets that earn interest − cost of funds; not given for an insurer. Spread in the glossary | – | 9.74% | 8.99% |
| Cost to incomeCost to income. Operating expenses ÷ (net interest income + other income) × 100. Cost to income in the glossary | 67.52% | 56.07% | 66.80% |
| Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. Credit cost in the glossary | – | 2.38% | 2.67% |
| Return on assets | – | 2.21% | 0.76% |
| Assets per rupee of net worthAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. Assets per rupee of net worth in the glossary | – | 7.06 | 6.54 |
| Return on equityReturn on equity. Return on assets × average total assets ÷ average net worth: profit after tax as a percentage of average net worth, a rate per year; not given for an insurer. Return on equity: how it is worked out | – | 15.63% | 5.00% |
Where the return on assets comes from
Per cent of average total assets, a year. Each line adds to the one below it. The year to Mar 2020, the first with a balance sheet on this form, has none a year before it to average with, so its ratios are blank.
| Per cent | Mar 2021 | Mar 2022 |
|---|---|---|
| Net interest income | 8.20% | 8.08% |
| Other income | 2.04% | 1.55% |
| Operating expenses | 5.74% | 6.44% |
| Profit before provisions | 4.50% | 3.20% |
| Set aside for bad loans | 1.67% | 1.88% |
| Exceptional items | 0.00% | −0.23% |
| Profit before tax | 2.83% | 1.09% |
| Tax | 0.61% | 0.32% |
| Associates and businesses sold or closedAssociates and businesses sold or closed. What sits between the tax line and the profit after tax, the group's share of its associates' profit and the result of businesses sold or closing: (profit after tax − (profit before tax − tax)) ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. Associates and businesses sold or closed in the glossary | 0.00% | 0.00% |
| Return on assets | 2.21% | 0.76% |
Cash flow
Consolidated, ₹ crore, years to March. The last column is the half year to Sep 2022, after the latest full year: the cash flow over its six months.
| ₹ crore | Mar 2021 | Mar 2022 | Sep 2022Half year |
|---|---|---|---|
| Cash from operationsCash from operations. Cash the business brought in from its operations in the period, after paying suppliers, staff and tax. Cash from operations in the glossary | −497 | 727 | 3,722 |
| Capital spendingCapital spending. Cash spent in the period on plant, equipment, buildings and other long-lived assets. Capital spending in the glossary | 50 | 93 | 61 |
| Free cash flowFree cash flow. Cash from operations less capital spending: what is left to repay borrowings, pay dividends or keep. Free cash flow in the glossary | −547 | 634 | 3,661 |
| Cash from investingCash from investing. Cash spent on, below nought, or received from plant, investments, businesses bought or sold, and interest and dividends received. Cash from investing in the glossary | −2,847 | −759 | −3,777 |
| Cash from financingCash from financing. Cash raised from, or paid to, lenders and shareholders: borrowings taken and repaid, interest, lease payments, dividends and shares issued or bought back. Cash from financing in the glossary | 4,191 | −1,218 | −811 |
| Dividends paidDividends paid. Cash paid to shareholders as dividends during the period. Dividends paid in the glossary | 102 | 0 | 0 |
| Shares bought backShares bought back. Cash spent buying the company's own shares back from shareholders. Shares bought back in the glossary | 0 | 0 | 0 |
| Shares issuedShares issued. Cash raised by selling new shares. Shares issued in the glossary | 268 | 567 | 0 |
| Net change in cashNet change in cash. Cash from operations, investing and financing added together: how much cash and cash equivalents rose or fell over the year, before currency effects. Net change in cash in the glossary | 847 | −1,250 | −866 |
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.
Growth and returns over 3, 5 and 10 years
Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2022.
| Measure | 5 years | 3 years |
|---|---|---|
| Revenue growth, yearly rateRevenue growth, yearly rate. 3 years: Revenue in the latest year ÷ revenue in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Revenue in the latest year ÷ revenue in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Revenue in the latest year ÷ revenue in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | 20.7% | 20.5% |
| Profit growth, yearly rateProfit growth, yearly rate. 3 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | −0.8% | −4.6% |
| Return on equity, averageReturn on equity, average. 3 years: The plain average of the yearly return on equity over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly return on equity over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly return on equity over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 9.0% | 9.6% |
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 7.1% | 8.7% |
| Asset turnover, averageAsset turnover, average. 3 years: The plain average of the yearly asset turnover over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly asset turnover over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly asset turnover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 0.15 | 0.16 |
Where the cash came from and went
Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2022.
| ₹ crore | Latest year |
|---|---|
| Cash from operationsCash from operations. Latest year: Cash from operating activities in the latest year. 3 years: Cash from operating activities added over the last three years, needing every one of them. 5 years: Cash from operating activities added over the last five years, needing every one of them. | 727 |
| Cash from investingCash from investing. Latest year: Cash from investing activities in the latest year. 3 years: Cash from investing activities added over the last three years, needing every one of them. 5 years: Cash from investing activities added over the last five years, needing every one of them. | −759 |
| Cash from financingCash from financing. Latest year: Cash from financing activities in the latest year. 3 years: Cash from financing activities added over the last three years, needing every one of them. 5 years: Cash from financing activities added over the last five years, needing every one of them. | −1,218 |
| Capital spendingCapital spending. Latest year: Spending on property, plant and equipment in the latest year. 3 years: Spending on property, plant and equipment added over the last three years, needing every one of them. 5 years: Spending on property, plant and equipment added over the last five years, needing every one of them. | 93 |
| Dividends paidDividends paid. Latest year: Dividends paid in the latest year. 3 years: Dividends paid added over the last three years, needing every one of them. 5 years: Dividends paid added over the last five years, needing every one of them. | 0 |
| Shares bought backShares bought back. Latest year: Shares bought back in the latest year. 3 years: Shares bought back added over the last three years, needing every one of them. 5 years: Shares bought back added over the last five years, needing every one of them. | 0 |
| Shares issued for cashShares issued for cash. Latest year: Shares issued for cash in the latest year. 3 years: Shares issued for cash added over the last three years, needing every one of them. 5 years: Shares issued for cash added over the last five years, needing every one of them. | 567 |
Where the return came from
Yearly rates to Mar 2022, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +22.1% | −67.6% | +277.1% | 0.0% |
| 3 years | −8.0% | −4.6% | −3.6% | 0.0% |
| 5 years | −8.9% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 and 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth and the change in P/E over 5 years are left empty: the earnings per share stated for one end does not match that year's profit and share count, and no share count is on record to work it out. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2022.
Who owns Equitas Holdings, filing by filing
Per cent of the company's shares. Every filing on record, from Sep 2021; the latest is the filing for Dec 2022.
Dec 2022 filing
- Foreign institutions24.57%
- Indian institutions36.67%
- Individuals and others38.75%
Shareholding pattern, per cent, from Sep 2022
- Foreign institutions
- Indian institutions
- Individuals and others
| Per cent | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 |
|---|---|---|---|---|---|---|
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. Public in the glossary | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Foreign institutions. The filing's total for institutions from abroad: foreign portfolio investors, foreign direct investment, foreign venture capital and sovereign wealth funds. Foreign institutions in the glossary | – | – | – | – | 26.14% | 24.57% |
| Foreign portfolio investors, category I | – | – | – | – | 26.13% | 20.35% |
| Foreign portfolio investors, category II | – | – | – | – | 0.00% | 4.22% |
| Other foreign institutions | – | – | – | – | 0.01% | 0.01% |
| Indian institutions. The filing's total for Indian institutions: mutual funds, insurers, banks, provident and pension funds, alternative investment funds and non-bank lenders. Indian institutions in the glossary | – | – | – | – | 34.08% | 36.67% |
| Mutual funds | 35.07% | 32.94% | 30.79% | 32.03% | 30.75% | 32.39% |
| Insurance companies | 0.00% | 0.00% | 0.00% | 0.00% | 1.00% | 1.08% |
| Alternative investment funds | 1.15% | 1.21% | 1.46% | 1.92% | 2.33% | 3.20% |
| Non-bank lenders registered with RBI | – | – | – | – | 0.01% | 0.01% |
| Individuals and others. The filing's total for the rest of the public: resident and non-resident individuals, companies, trusts, Hindu undivided families, and the company's directors and key managers. Individuals and others in the glossary | – | – | – | – | 39.78% | 38.75% |
| Resident individuals, up to ₹2 lakh at face value | – | – | – | – | 13.76% | 13.54% |
| Resident individuals, over ₹2 lakh at face value | – | – | – | – | 15.06% | 16.25% |
| Companies | – | – | – | – | 1.94% | 2.48% |
| Non-resident Indians | – | – | – | – | 0.99% | 1.07% |
| Foreign companies | – | – | – | – | 6.91% | 4.20% |
| Directors and their relatives | – | – | – | – | 0.41% | 0.41% |
| Key managers | – | – | – | – | Under 0.01% | Under 0.01% |
| – | – | – | – | 0.70% | 0.80% | |
| Shares in issue | 34,17,90,115 | 34,17,90,115 | 34,17,90,115 | 34,17,90,115 | 34,17,90,115 | 34,17,90,115 |
Equitas Holdings has no promoter group: no filing in this table names one. Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
Largest public holders of Equitas Holdings, filing by filing
Per cent, on the same shares as the split above.
| Holder | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 |
|---|---|---|---|---|---|---|
| ASHISH DHAWANResident individuals, over ₹2 lakh at face value | 4.68% | 4.68% | 4.97% | 4.97% | 4.97% | 4.97% |
| INTERNATIONAL FINANCE CORPORATIONForeign companies | 4.20% | 4.20% | 4.20% | 4.20% | 4.20% | 4.20% |
| ELLIPSIS PARTNERS LLCForeign portfolio investors, category I | 3.32% | 3.32% | 3.66% | 3.66% | 3.66% | 3.87% |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGYForeign portfolio investors, category I | 3.56% | 3.56% | 3.56% | 3.56% | 3.56% | 3.56% |
| RIMCO INDIA LIMITEDForeign portfolio investors, category II | 2.93% | 2.93% | 2.93% | 2.93% | 2.93% | 2.93% |
| P V VARSHINIResident individuals, over ₹2 lakh at face value | – | – | – | – | – | 2.40% |
| AL MEHWAR COMMERCIAL INVESTMENTS L.L.C. - (TREEFISForeign portfolio investors, category I | – | – | 2.76% | 2.11% | 2.11% | 1.91% |
| SOCIETE GENERALE - ODIForeign portfolio investors, category I | – | – | – | – | – | 1.89% |
| ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITEDInsurance companies | 1.26% | – | 1.13% | – | – | 1.08% |
| HIGHWEST GLOBAL MASTER FUND, LPForeign portfolio investors, category II | – | 1.17% | 1.32% | 1.38% | 1.32% | 1.08% |
| CDC GROUP PLCForeign companies | 2.72% | 2.72% | 2.72% | 2.72% | 2.72% | – |
| KOMALAResident individuals, over ₹2 lakh at face value | 2.44% | 2.43% | 2.43% | 2.43% | 2.43% | – |
| EAM LONG-ONLY EMERGING MARKETS MASTER FUND LIMITEDForeign portfolio investors, category I | – | – | 1.36% | 1.09% | 1.32% | – |
| TT ASIA-PACIFIC EQUITY FUNDForeign portfolio investors, category I | 1.82% | 1.65% | 1.46% | 1.17% | 1.13% | – |
| AL MEHWAR COMMERCIAL INVESTMENTS LLCInstitutions Foreign Portfolio Investor | 3.34% | 3.10% | – | – | – | – |
| Qualified Institutional BuyerOther Institutions | – | 1.31% | – | – | – | – |
| MINE SUPERANNUATION FUNDInstitutions Foreign Portfolio Investor | 1.02% | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.
Who moved in the Dec 2022 filing
Against the Sep 2022 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.
- Foreign institutions: SOCIETE GENERALE - ODI newly named at 1.89%; EAM LONG-ONLY EMERGING MARKETS MASTER FUND LIMITED no longer named, from 1.32%; TT ASIA-PACIFIC EQUITY FUND no longer named, from 1.13%; 3 more moved
- Indian institutions: ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED newly named at 1.08%
- Individuals and others: CDC GROUP PLC no longer named, from 2.72%; KOMALA no longer named, from 2.43%; P V VARSHINI newly named at 2.40%
Equitas Holdings share price by year
Each calendar year to 2023.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2023 | 120.30 | −4.0% | 131.95 | 119.60 |
| 2022 | 125.35 | +13.1% | 127.85 | 78.45 |
| 2021 | 110.85 | +62.8% | 138.20 | 68.10 |
| 2020 | 68.10 | −36.2% | 115.75 | 36.15 |
| 2019 | 106.80 | −14.7% | 141.40 | 84.60 |
| 2018 | 125.15 | −15.5% | 170.45 | 96.60 |
| 2017 | 148.05 | +1.8% | 186.55 | 135.65 |
| 2016 | 145.45 | – | 200.90 | 135.20 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2016 is from its first session, 21 Apr 2016. The 2023 close is its last trade, on 2 Feb 2023.
Recent sessions
The 10 trading days to 2 Feb 2023, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 2 Feb 2023 | 119.55 | 125.20 | 118.25 | 120.30 | 122.22 | 6,92,359 |
| 1 Feb 2023 | 123.00 | 125.65 | 117.10 | 119.60 | 122.77 | 14,14,455 |
| 31 Jan 2023 | 125.75 | 126.00 | 121.00 | 121.70 | 122.36 | 9,73,860 |
| 30 Jan 2023 | 122.20 | 126.90 | 121.00 | 125.65 | 123.64 | 8,59,416 |
| 27 Jan 2023 | 125.00 | 126.20 | 121.35 | 125.00 | 123.61 | 7,24,162 |
| 25 Jan 2023 | 128.15 | 128.15 | 123.15 | 126.85 | 125.58 | 5,67,202 |
| 24 Jan 2023 | 127.00 | 128.00 | 123.80 | 125.05 | 125.66 | 4,27,772 |
| 23 Jan 2023 | 129.00 | 129.85 | 126.80 | 127.10 | 127.96 | 4,36,720 |
| 20 Jan 2023 | 127.50 | 129.05 | 126.75 | 127.15 | 127.67 | 4,51,903 |
| 19 Jan 2023 | 128.15 | 128.95 | 124.10 | 126.40 | 127.53 | 3,06,228 |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 23 Mar 2020 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 26 Oct 2018 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
Each event is noted and not adjusted for.
Company details
- BSE code
- 539844
- ISIN
- INE988K01017
- Industry
- Finance
- Former symbols
- EQUITAS
- Website
- www.equitas.in
- CIN
- L65100TN2007PLC064069
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2007
- Registered office
- 410A,, 4th Floor,, Spencer Plaza,, Phase II, No. 769,, Mount Road,, Anna Salai, Chennai 600002, Tamil Nadu
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments