ESAF Small Finance Bank Reports Mixed Q1 Results Amid Portfolio Shift 4 days ago
ESAF Small Finance Bank's Q1 results show a 4.82% YoY business growth to INR 42,507.00 crores, with deposits up 8.7%. The bank is shifting towards secured lending, reducing its micro loan book and doubling gold loans YoY. Net interest income dropped to INR 378.00 crores, with NIM compressing to 6.00%. Asset quality challenges persist with GNPA at 7.50% and NNPA at 3.80%. The bank executed NPA sales of INR 733.40 crores for a net P&L benefit of INR 45.76 crores. Management expects stress levels to stabilize in Q2 and positive traction from Q3, aiming for a positive ROA by FY26 end.
ESAF Small Finance Bank Reports Q1 Loss, Submits Revised Investor Presentation 9 days ago
ESAF Small Finance Bank Reports Rs. 14 Crore Robbery at Jabalpur Branch Aug 11, 2025
ESAF Small Finance Bank Reports Net Loss of ₹81.22 Crore in Q1 Amid Challenging Market Conditions Aug 10, 2025
ESAF Small Finance Bank Reports Q1 Net Loss of 812 Crore Rupees Amid Asset Quality Challenges Aug 08, 2025
More news about ESAF Small Finance Bank
24Jul 25
ESAF Small Finance Bank Appoints New Director, Grants Stock Options, and Announces Executive Retirement
ESAF Small Finance Bank has made three key announcements. First, George Ittan Maramkandathil has been appointed as a Non-Executive Director for a three-year term starting November 18, 2025, subject to shareholder approval. Second, the bank has granted 9,55,949 stock options to eligible employees under its ESAF Employee Stock Option Scheme 2019, with an exercise price of Rs. 10.00 per option and a one-year vesting period. Lastly, Hemant Kumar Tamta, Executive Vice President - Assets, will complete his employment contract on July 31, 2025.
07Jul 25
ESAF Small Finance Bank Reports Mixed Financial Performance
ESAF Small Finance Bank's Q1 results show contrasting trends. Term deposits increased by 6.95% year-over-year as of June 30, indicating improved liquidity. However, gross advances declined by 2.98% in the same period, potentially impacting interest income. This mixed performance reflects the bank's current market position and strategic challenges in balancing deposit growth with lending activities.
04Jul 25
ESAF Small Finance Bank Reports Mixed Q1 FY2026 Results: Deposits Up, Advances Down
ESAF Small Finance Bank's Q1 FY2026 results show 8.6% YoY growth in deposits to ₹22,698.00 crore and improved CASA ratio of 24.80%. However, gross advances declined 3% YoY to ₹18,224.00 crore. Secured advances increased 66.6% YoY, now 58.7% of the loan book, while micro loans decreased 39.1%. The bank transferred NPAs worth ₹733.40 crore to an ARC for ₹73.34 crore.
30Jun 25
ESAF Small Finance Bank Sells Rs 733 Crore Bad Loan Portfolio for Rs 73 Crore
ESAF Small Finance Bank has sold a portfolio of non-performing assets (NPAs) and technically written-off loans worth Rs 733.40 crore to an Asset Reconstruction Company (ARC) for Rs 73.34 crore. This strategic move, conducted using the Swiss Challenge Method, aims to clean up the bank's balance sheet and improve its overall financial health. The sale represents approximately 2.81% of the bank's total assets, which stood at Rs 26,086.90 crore, showing a 28.99% year-on-year growth. The bank has also reported strong growth in other financial metrics, including a 40.79% increase in net profit to Rs 425.60 crore and a 35.61% rise in revenue to Rs 4,260.30 crore.
19Jun 25
ESAF Small Finance Bank to Offload Rs 735 Crore Bad Loans, Partners with Maruti Suzuki
ESAF Small Finance Bank's board approves sale of Rs 735.18 crore non-performing and technically written-off loans to an asset reconstruction company. The bank also partners with Maruti Suzuki India to offer retail financing solutions for vehicles.
18Jun 25
ESAF Small Finance Bank to Sell ₹735 Crore in NPAs and Written-Off Loans
ESAF Small Finance Bank has approved the sale of non-performing assets (NPAs) and written-off loans worth ₹735 crore to an Asset Reconstruction Company (ARC). This strategic move aims to clean up the bank's balance sheet and potentially enhance its financial performance. The sale is expected to improve asset quality, increase financial stability, allow focus on core business activities, and potentially boost profitability. This decision comes in the context of the bank's recent financial performance, which showed significant year-on-year growth in total assets, current assets, total equity, revenue, net profit, and EBITDA.
19May 25
ESAF Small Finance Bank Reports Widening Q4 Losses Amidst Revenue Decline
ESAF Small Finance Bank's Q4 results show a net loss of ₹183.20 crore, up 323.09% year-over-year. Revenue declined 10.84% to ₹893.40 crore. GNPA ratio improved slightly to 6.87%, while NNPA ratio increased marginally to 2.99%. Operating profit fell 77.02% to ₹73.50 crore. Despite Q4 challenges, annual performance for FY 2024 showed positive trends with revenue up 35.61% to ₹4,260.30 crore and net profit increasing 40.79% to ₹425.60 crore.
16May 25
ESAF Small Finance Bank Reports Third Consecutive Quarterly Loss Amid Microfinance Stress
ESAF Small Finance Bank posted a net loss of Rs 183.00 crore in Q4, marking its third consecutive quarterly loss. The bank's annual loss stood at Rs 521.00 crore, compared to a profit of Rs 426.00 crore in the previous fiscal year. The Gross Non-Performing Assets (GNPA) ratio slightly improved to 6.87% from 6.96% quarter-on-quarter but remains higher than the 4.76% reported a year ago.
17Mar 25
ESAF Small Finance Bank Faces Negative Outlook Amid Asset Quality Concerns
CARE Ratings has revised ESAF Small Finance Bank's outlook from 'Stable' to 'Negative' on its tier 2 bonds due to deteriorating asset quality and profitability issues. The bank's gross non-performing assets rose to 6.96% in December 2024, up from 4.76% in March 2024. ESAF SFB reported net losses in Q2 and Q3 of FY25, with a 9MFY25 net loss of ₹338.00 crore. Despite challenges, the bank maintains a strong capital position with a Capital Adequacy Ratio of 22.70%. ESAF SFB is diversifying its portfolio, increasing secured loans to 43.40% of total loans and reducing microfinance exposure to 56.60%.