One of the most talked-about stocks recently is Equitas Small Finance Bank, which was launched on the stock exchanges in November 2020. The bank serves the financial requirements of underserved and unbanked segments of society by operating in the small finance banking sector. Since the bank was listed, it has been operating profitably, and its share price has been steadily increasing.
Investors are keeping a close eye on the bank’s performance and making predictions about its potential for future growth. In this article, we will examine the growth trajectory of Equitas Small Finance Bank in more detail and forecast its share price range from 2023 to 2030. To anticipate the target price with accuracy, we will consider the bank’s financial performance, growth factors, and market trends.
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EQUITAS SMALL FINANCE BANK IN RECENT NEWS
- Effective from March 1st, Equitas Small Finance Bank has increased its interest rates!
- Equitas Small Finance Bank has reached a new 52-week high, with its stock surging by 38% in the past month.
- The stock of Equitas Small Finance Bank has hit a new 52-week high, experiencing a 38% rise in just one month.
ESF BANK SHARE PRICE TARGET 2023
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Equitas Small Finance Bank’s share price prediction for 2023 suggests a bullish uptrend with impressive growth percentages. Despite some short-term fluctuations, the overall trend seems to be positive, indicating a potential for strong returns for investors.
The maximum price of Equitas Small Finance Bank’s stock is expected to reach ₹101.56 in December 2023, with a growth percentage of 30.4% from the current stock price. Similarly, the minimum price is estimated to be ₹43.67 in March 2023, with a decline of 41.8% from the current stock price. However, investors need not worry about the temporary dips, as the stock is expected to make a strong recovery in the subsequent months.
Looking at the growth trend, the share price of Equitas Small Finance Bank is expected to rise steadily from April to September 2023, with a growth percentage ranging from 22.5% to 31.0%. This indicates that the bank’s performance is likely to improve in the coming months, driven by its strong financials, strategic initiatives, and favorable industry trends.
EQUITAS SMALL FINANCE BANK SHARE PRICE TARGET 2024
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The share price target for Equitas Small Finance Bank in 2024 appears to be promising, with a positive growth trajectory and a potential for high returns for investors. According to the table, the bank’s stock is expected to reach a maximum price of ₹142.19 and a minimum price of ₹73.69 in December 2024 and May 2024, respectively.
The bank’s performance is expected to improve gradually from January to October 2024, with the growth percentage ranging from 2.2% to 25.3%. The maximum growth is expected to occur in October 2024, with an estimated growth percentage of 20.4%. This indicates that the bank’s strategic initiatives and growth drivers are likely to yield favorable outcomes, paving the way for a positive outlook in the long run.
Although the stock is expected to experience temporary dips in April and May 2024, the bank’s share price is expected to recover soon afterward. By the end of December 2024, the bank’s stock is predicted to be at a higher level than the current market price, which is good news for investors who are looking for potential growth opportunities in the small finance banking segment.
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EQUITAS SMALL FINANCE BANK SHARE PRICE TARGET 2025
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Looking at the predicted share price for Equitas Small Finance Bank in 2025, it appears to continue its bullish trend. The share price is expected to reach a maximum of ₹172.48 and a minimum of ₹100.09 in May 2025. The share price is expected to keep rising throughout the year, with a peak growth of 18.7% in November 2025. This suggests that investors can expect to see continued growth in the bank’s share price in the coming years.
EQUITAS SMALL FINANCE BANK SHARE PRICE TARGET 2026 TO 2030
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Looking at the predicted share price for Equitas Small Finance Bank in the upcoming years, it appears that the bank’s share price will continue its upward trend. In 2026, the share price is expected to reach a maximum of ₹120.74 and a minimum of ₹84.52. The share price is expected to continue to grow, with a maximum of ₹422.58 and a minimum of ₹71.84 in 2030.
This represents a significant growth percentage, with the share price expected to grow by 354.3% between 2026 and 2030. This is a clear indication of a strong uptrend, making Equitas Small Finance Bank an attractive investment opportunity for investors who are looking for long-term capital appreciation.
However, it is important to keep in mind that stock prices are subject to market volatility and can be influenced by a variety of factors, so it is always wise to conduct thorough research before making investment decisions.
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FINANCIAL STRENGTH OF EQUITAS SMALL FINANCE BANK
|| ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|Total Income Growth (%)||10.65||23.39||22.25||34.24||46.91|
|Provisions & Contingencies||591.22||502.36||353.94||215.58||188.81|
|Provisions & Contingencies Growth (%)||17.69||41.93||64.18||14.18||22.81|
|Profit after Tax (PAT)||280.73||384.22||243.64||210.57||31.83|
|PAT Growth (%)||-26.94||57.70||15.70||561.50||-69.43|
|Net Interest Margin (%)||7.56||7.27||7.74||7.30||6.46|
|Net Profit Margin (%)||8.11||12.02||9.20||9.97||2.06|
|Basic EPS (₹)||2.43||3.53||2.39||2.09||0.32|
According to the financial statement of Equitas Small Finance Bank for the last five years, the company has seen a steady growth in its total income with a revenue growth rate of 46.91% in FY 2018 to 10.65% in FY 2022.
However, the company’s provisions and contingencies have also increased over the years, with a growth rate of 22.81% in FY 2018 to 17.69% in FY 2022. The profit after tax (PAT) has been fluctuating over the years with a significant increase of 561.50% in FY 2019 but a decrease of 26.94% in FY 2022.
The company’s net interest margin (NIM) has been stable at around 7% over the years, with a slight decrease in FY 2019. The net profit margin (NPM) has also been relatively stable over the years, with a maximum of 12.02% in FY 2021 and a minimum of 2.06% in FY 2018. The basic earnings per share (EPS) have shown a positive trend over the years, with a maximum of ₹3.53 in FY 2021 and a minimum of ₹0.32 in FY 2018.
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The maximum share price target of Equitas Bank in 2027 is Rs. 102.63
The maximum share price target of Equitas Bank in 2029 is Rs. 379.46
The maximum share price target of Equitas Bank in 2030 is Rs. 422.58
CONCLUSION: EQUITAS SMALL FINANCE BANK
According to Equitas Small Finance Bank’s financial filings over the last five years, the company has experienced substantial growth in terms of total income, revenue, and PAT. Throughout the past five years, the company’s total revenue has increased steadily with a CAGR of 28.16%. The company’s PAT, however, has been erratic, with a significant drop in FY 2022. The bank’s net profit margin and net interest margin have also held stable over time.
Given these elements and the company’s robust income and revenue development, Equitas Small Finance Bank shares may prove to be a wise long-term investment choice. Investors should, however, also take into account the company’s success in terms of increasing profits and its capacity to preserve net interest.