Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · ESAF SMALL FINANCE BANK L · 28 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
ESAF SMALL FINANCE BANK L
NSE: ESAFSFB · BSE: 544020
NSE: ESAFSFB · BSE: 544020
Financial Services › Financial Services › Banks › Other Bank
ESAF SMALL FINANCE BANK L
StateQ1 FY27 filed
Last close · 27 Oct 2026₹38.76
Market cap₹2.0k cr
TTM P/E · P/B · EV/EBITDA19.3 · — · —
ESAF SMALL FINANCE BANK L is a Banks company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY24–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | — | — | — |
| EBITDA (ex other income) | — | — | — |
| margin % | — | — | — |
| Owners' profit | 426 | (521) | (166) |
| EPS, as reported (₹) | 8.96 | (10.13) | (3.23) |
| ROE % · ROCE % | — · — | — · — | — · — |
| Debt / equity (x) | — | — | — |
| Cash from operations | 1,001 | 3,176 | (1,960) |
| Capex | — | — | — |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · ESAF SMALL FINANCE BANK L · 28 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Profit before tax | (255) | (282) | (241) | (109) | (155) | 9 | 27 | 107 |
| Net profit | (190) | (211) | (183) | (81) | (116) | 7 | 24 | 80 |
| EPS (₹) | (3.69) | (4.10) | (3.56) | (1.58) | 0.00 | 0.00 | 0.46 | 1.55 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| AU SMALL FINANCE BANK LTD | 63,513 | 22.2 | — | — | — | — | — | — |
| UJJIVAN SMALL FINANC BANK | 10,783 | 11.9 | — | — | — | — | — | — |
| EQUITAS SMALL FIN BNK LTD | 7,400 | 14.5 | — | — | — | — | — | — |
| JANA SMALL FIN BANK LTD | 4,144 | 10.9 | — | — | — | — | — | — |
| UTKARSH SMALL FIN BANK L | 2,095 | — | — | — | — | — | — | — |
| ESAF SMALL FINANCE BANK L ◆ | 2,000 | 19.3 | — | — | — | — | — | — |
| SURYODAY SMALL FIN BK LTD | 1,385 | 7.2 | — | — | — | — | — | — |
| CAPITAL SMALL FIN BANK L | 1,164 | 6.3 | — | — | — | — | — | — |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 19.3 | 13.2 | 6 of 8 | 29% |
| Profit growth | 198.6 | 85.8 | 2 of 9 | 88% |
| Market cap | 2000 | 2095 | 6 of 9 | 38% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · ESAF SMALL FINANCE BANK L · 28 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · ESAF Small Finance Bank allots 42,210 shares under employee stock options | capital market events | low | — | — |
| 26 Oct 2026 · ESAF Small Finance Bank completes new core banking system migration | business updates | medium | — | — |
| 22 Oct 2026 · Earnings call scheduled for October 29, 2026 | board shareholder meetings | low | — | — |
| 16 Oct 2026 · ESAF SFB to upgrade Core Banking System to Oracle FLEXCUBE | capex operations | medium | — | — |
| 16 Oct 2026 · Board meeting on Oct 29 2026 to consider Q2 and H1 FY26-27 results | results | low | — | — |
| 12 Oct 2026 · Reg 74(5) compliance certificate for Sep 2026 quarter | compliance | minimal | — | — |
| 5 Oct 2026 · ESAF SFB: Half-yearly NCD ISIN report as on Sept 30, 2026 | compliance | minimal | — | — |
| 2 Oct 2026 · ESAF Small Finance Bank's ESG score upgraded by CareEdge to 77.6 | business updates | medium | — | — |
| 1 Oct 2026 · ESAF SFB Q2 FY27 update: deposits up 24%, advances up 25% YoY | business updates | medium | — | — |
| 25 Sept 2026 · Trading Window Closure Ahead of Q2 FY27 Results | compliance | minimal | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in