ESAF Small Finance Bank Q2 results, quarter to Sep 2026
NSE: ESAFSFBBSE: 544020BanksSmall Cap
ESAF Small Finance Bank 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 Nov 2023
Last close ₹42.94up ₹2.04 (4.99%)BSE ₹43.21
Share price at the NSE close on 29 Oct 2026. Previous close ₹40.90.
29 Oct: open ₹40.50, high ₹42.94, low ₹40.50
52-week range of traded prices to 29 Oct 2026
₹19.78Low, 30 Mar 2026₹46.00High, 30 Sep 2026
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Next results date: the board meets on 29 Oct 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹2,216 Cr1,321st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 8.18
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.10
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 14.4%
- NIMNet 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. For the year to Mar 2026. Net interest margin in the glossary
- 9.53%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Jun 2026.
- 5.40%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Jun 2026.
- 0.83%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Jun 2026. Common equity tier 1 ratio in the glossary
- 15.45%
- ROAReturn 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. For the year to Mar 2026. Return on assets in the glossary
- −0.57%
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 6,38,350
ESAF Small Finance Bank filed its Q2 results for the quarter to Sep 2026 on 29 Oct 2026 at 1:24 pm, standalone: the listed company alone, without its subsidiaries.
Q2 results, quarter to Sep 2026
₹ crore.ESAF Small Finance Bank annual results and balance sheet
- Total incomeTotal income. Total income is interest earned plus other income, fees and treasury gains among it. Total income in the glossary
- ₹1,388 Cr+43.8% on a year ago · +3.1% 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
- ₹160 Cr+100.0% 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
- ₹3.10+100.0% 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.
From interest earned to net profit, ₹ crore
- Profit before tax215
- Tax−54
- Net profit160
ESAF Small Finance Bank results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Sep 2026. Results for the quarter to Dec 2026 are due by 14 Feb 2027, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date
Total income and net profit by quarter, ₹ crore
- Total income
- Net profit
- Loss
Net interest income and money set aside for bad loans by quarter, ₹ crore
- Net interest income
- Set aside for bad loans
| ₹ crore | Jun 2023 | Sep 2023 | Dec 2023Q3 | Mar 2024 | Jun 2024Q1 | Sep 2024 | Dec 2024Q3 | Mar 2025Q4 | Jun 2025Q1 | Sep 2025Q2 | Dec 2025Q3 | Mar 2026Q4 | Jun 2026Q1 | Sep 2026Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total income | 992 | 1,022 | 1,094 | 1,152 | 1,138 | 1,093 | 1,062 | 1,037 | 1,023 | 965 | 1,163 | 1,196 | 1,346 | 1,388 |
| 899 | 943 | 974 | 1,002 | 1,022 | 996 | 950 | 893 | 828 | 820 | 894 | 1,196 | 1,098 | – | |
| On loansInterest on loans. Interest and discount earned on the bank's loans and bills for the period; given only where the four interest lines add to the interest earned stated. Interest on loans in the glossary | 821 | 854 | 878 | 908 | 918 | 878 | 834 | 781 | 721 | 715 | 790 | 892 | 992 | – |
| On investmentsInterest on investments. Income from the bonds and other securities the bank holds, for the period; given only where the four interest lines add to the interest earned stated. Interest on investments in the glossary | 78 | 87 | 94 | 94 | 93 | 95 | 103 | 111 | 101 | 104 | 104 | 102 | 104 | – |
| On balances with the RBI and other banksInterest on balances with the RBI and other banks. Interest earned on money placed with the Reserve Bank and with other banks, for the period; given only where the four interest lines add to the interest earned stated. Interest on balances with the RBI and other banks in the glossary | 0 | 2 | 2 | 0 | 12 | 23 | 13 | 1 | 7 | 0 | 0 | 2 | 2 | – |
| Other interestOther interest. Interest earned besides on loans, investments and balances with banks, for the period; given only where the four interest lines add to the interest earned stated. Other interest in the glossary | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 201 | 0 | – |
| Interest paid | 313 | 347 | 377 | 411 | 434 | 456 | 463 | 458 | 450 | 456 | 462 | 477 | 514 | – |
| Net interest incomeNet interest income. Interest earned − interest paid; for a finance company, interest earned − finance costs. Net interest income in the glossary | 585 | 597 | 597 | 591 | 588 | 540 | 487 | 436 | 378 | 364 | 432 | 719 | 584 | – |
| Other incomeOther 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 | 93 | 79 | 120 | 150 | 115 | 97 | 112 | 143 | 195 | 145 | 269 | 0 | 248 | – |
| 378 | 386 | 429 | 456 | 450 | 494 | 472 | 488 | 448 | 416 | 449 | 478 | 483 | – | |
| 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 | 301 | 290 | 288 | 285 | 254 | 143 | 127 | 91 | 125 | 93 | 253 | 241 | 349 | – |
| 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 | 127 | 101 | 138 | 226 | 169 | 340 | 410 | 332 | 234 | 249 | 243 | 214 | 242 | – |
| 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 | −58 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – |
| Profit before tax | 174 | 188 | 150 | 59 | 85 | −255 | −282 | −241 | −109 | −155 | 9 | 27 | 107 | 215 |
| Tax | 44 | 48 | 38 | 15 | 22 | −65 | −71 | −58 | −28 | −40 | 2 | 4 | 27 | 54 |
| Net profit | 130 | 140 | 112 | 43 | 63 | −190 | −211 | −183 | −81 | −116 | 7 | 24 | 80 | 160 |
| 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. | – | ₹3.12 | ₹2.43 | – | ₹1.22 | −₹3.69 | −₹4.10 | −₹3.56 | −₹1.58 | – | ₹0.14 | ₹0.46 | ₹1.55 | ₹3.10 |
| 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 | – | ₹3.11 | ₹2.42 | – | ₹1.22 | −₹3.69 | −₹4.09 | −₹3.55 | −₹1.57 | – | ₹0.14 | ₹0.45 | ₹1.55 | ₹3.10 |
Earnings per share in rupees, restated for later splits and bonuses. A lender's lines are blank for the quarter to Sep 2026: the company's filing for those results has none of them.
| Figure | Sep 2023 | Dec 2023Q3 | Mar 2024 | Jun 2024Q1 | Sep 2024 | Dec 2024Q3 | Mar 2025Q4 | Jun 2025Q1 | Sep 2025Q2 | Dec 2025Q3 | Mar 2026Q4 | Jun 2026Q1 | Sep 2026Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross bad loans, ₹ croreGross non-performing loans, ₹ crore. Non-performing loans, those whose borrowers have stopped paying, generally for 90 days, at the amount still owed at the period end, as the bank states it. A 0 is given only for a bank whose loans are at most 1% of its assets, and the figure is not given where it is below the net figure or the bank's own gross share of loans shows a digit slipped. Gross non-performing loans, ₹ crore in the glossary | 399 | 713 | 893 | 1,242 | 1,279 | 1,274 | 1,291 | 1,364 | 1,635 | 1,166 | 1,214 | 1,253 | – |
| Net bad loans, ₹ croreNet non-performing loans, ₹ crore. Non-performing loans less what the bank has set aside against them, at the period end, as the bank states it; not given where it is above the gross figure, or 0 beside a gross figure that is not. Net non-performing loans, ₹ crore in the glossary | 178 | 368 | 414 | 584 | 525 | 520 | 540 | 661 | 696 | 548 | 382 | 184 | – |
| Gross bad loans, % of loansGross non-performing loans. Loans whose borrowers have stopped paying, generally for 90 days, as a percentage of all loans, as the bank files it, or worked out from its filed amounts where the filed percentage cannot be read on its filing's scale. Gross non-performing loans in the glossary | 2.64% | 4.16% | 4.76% | 6.61% | 6.98% | 6.96% | 6.87% | 7.48% | 8.54% | 5.64% | 5.41% | 5.40% | – |
| Net bad loans, % of loansNet non-performing loans. Non-performing loans left after what has been set aside against them, as a percentage of loans, as the bank files it, or worked out from its filed amounts where the filed percentage cannot be read on its filing's scale. Net non-performing loans in the glossary | 1.19% | 2.19% | 2.26% | 3.22% | 2.98% | 2.97% | 2.99% | 3.77% | 3.83% | 2.73% | 1.77% | 0.83% | – |
| Bad loans already provided forProvision coverage. (gross non-performing loans − net non-performing loans) ÷ gross non-performing loans × 100: the share of non-performing loans already covered by money set aside. Provision coverage in the glossary | 55.48% | 48.36% | 53.67% | 53.00% | 58.97% | 59.15% | 58.19% | 51.53% | 57.40% | 52.99% | 68.49% | 85.31% | – |
| Core equity to risk-weighted loansCommon equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. | 18.19% | 18.50% | 19.32% | 19.66% | 19.27% | 18.23% | 17.11% | 17.91% | 16.37% | 15.46% | 14.23% | 15.45% | – |
| Tier 1 capitalTier 1 capital ratio. Core capital ratio + additional tier 1 ratio; given only where the additional tier 1 ratio is above 0. Tier 1 capital ratio in the glossary | 20.57% | 18.91% | 19.70% | 20.05% | 19.67% | 18.68% | 17.58% | 18.43% | 16.90% | 15.96% | 14.68% | 15.90% | – |
| Additional tier 1 capitalAdditional tier 1 capital ratio. The bank's permanent capital beyond its core capital, mostly perpetual bonds that can be written down, as a percentage of its assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where it is 0, since the statement also writes 0 for a bank that does not state it, or where it is at or above the core capital ratio. Additional tier 1 capital ratio in the glossary | 2.38% | 0.41% | 0.38% | 0.39% | 0.40% | 0.45% | 0.47% | 0.52% | 0.53% | 0.50% | 0.45% | 0.45% | – |
| Held by the governmentGovernment holding. The share of the company the government holds, as the company states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, or where it is 0 and the shareholding pattern for the same date does not confirm the government holds none. Government holding in the glossary | – | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | – |
Per cent, and the bad loans themselves in ₹ crore. A non-performing loan is one the borrower has stopped paying, generally for 90 days. Held by the government is left blank for the year to Sep 2023: the filing states 0, which this form also writes for a line it does not fill, and the shareholding pattern for the same date does not show the government holding none.
Segment results by quarter
Standalone, ₹ crore, quarters to Jun 2026.ESAF Small Finance Bank segment results by year
Retail
Revenue, ₹ croreProfit, ₹ croreTreasury
Revenue, ₹ croreProfit, ₹ croreOther Banking Operations
Revenue, ₹ croreProfit, ₹ croreWholesale
Revenue, ₹ croreProfit, ₹ croreCapital & Reserves
Revenue, ₹ croreProfit, ₹ crore
| ₹ crore | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue of all businesses | 1,022 | 1,094 | 1,152 | 1,138 | 1,093 | 1,062 | 1,037 | 1,023 | 965 | 1,163 | 1,196 | 1,346 |
| 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. | 1,022 | 1,094 | 1,152 | 1,138 | 1,093 | 1,062 | 1,037 | 1,023 | 965 | 1,163 | 1,196 | 1,346 |
| Revenue | 898 | 923 | 956 | 964 | 884 | 866 | 816 | 816 | 798 | 1,032 | 1,015 | 1,141 |
| 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 | – | – | – | – | −1.4% | −6.2% | −14.7% | −15.3% | −9.7% | 19.1% | 24.5% | 39.8% |
| ProfitSegment profit. What the business earned before tax and finance costs, as the company measures each of its businesses. Segment profit in the glossary | 161 | 92 | −39 | 34 | −338 | −323 | −298 | −181 | −214 | −2 | −28 | 30 |
| MarginSegment margin. Segment profit as a percentage of the segment's revenue. Segment margin in the glossary | 18.0% | 9.9% | −4.0% | 3.5% | −38.3% | −37.3% | −36.5% | −22.2% | −26.8% | −0.2% | −2.8% | 2.6% |
| AssetsSegment assets. What the company holds for this business at the period end: plant, stock, receivables and the like. Segment assets in the glossary | 14,903 | 16,679 | 17,931 | 17,634 | 17,116 | 17,000 | 17,453 | 17,247 | 18,097 | 19,974 | 21,784 | 22,374 |
| LiabilitiesSegment liabilities. What this business owes at the period end, such as payments due to suppliers. Segment liabilities in the glossary | 14,641 | 15,966 | 17,120 | 18,556 | 17,295 | 16,832 | 17,769 | 17,218 | 18,162 | 20,028 | 22,076 | 22,672 |
| Revenue | 88 | 111 | 110 | 115 | 144 | 127 | 148 | 138 | 95 | 75 | 97 | 154 |
| Revenue | 16 | 39 | 53 | 27 | 28 | 29 | 38 | 39 | 46 | 34 | 59 | 28 |
| Revenue | 21 | 21 | 32 | 32 | 36 | 39 | 35 | 30 | 25 | 22 | 26 | 22 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | 0 | – |
Profit is before tax and finance costs, the way companies report their segments.