ESAF Small Finance Bank Ltd: Why Is It Outperforming Nifty 500?

ESAF Small Finance Bank Ltd's latest quarterly results (Mar 2026) show

• PAT Growth YoY: +113.1% (turning around (inflection up))
• Revenue Growth YoY: +11.5%
• Net Interest Margin: -18.00%
• Gross NPA: 5.41%

ESAF Small Finance Bank Ltd's profit is growing with an turning around (inflection up) trend.

• PAT Growth YoY: +113.1% (latest quarter)
• PAT Growth QoQ: +242.9% (sequential)
• 3-Year PAT CAGR: +41.1%
• Trend: Turning around (inflection up) — consistent growth pattern

ESAF Small Finance Bank Ltd's revenue growth trend is turning around (inflection up).

• Revenue Growth YoY: +11.5%
• Revenue Growth QoQ: +11.3% (sequential)
• 3-Year Revenue CAGR: +7.4%

ESAF Small Finance Bank Ltd's asset quality trend is stable.

• Gross NPA: 5.41%
• Net NPA: 1.77%
• GNPA Change YoY: -1.5% bps

ESAF Small Finance Bank Ltd's long-term compounding rates

• 3-Year Profit CAGR: +41.1%
• 3-Year Revenue CAGR: +7.4%

ESAF Small Finance Bank Ltd's earnings growth is turning around (inflection up) with mixed signals on a sequential basis.

• YoY Acceleration: 0.0% bps
• Sequential Acceleration: 0.0% bps
• Margin Warning: Operating margins are under pressure

ESAF Small Finance Bank Ltd's trailing twelve month (TTM) performance

• TTM PAT: ₹-166 Cr
• TTM PAT Growth: +68.1% YoY
• TTM Revenue: ₹4,000 Cr
• TTM Revenue Growth: -8.3% YoY

ESAF Small Finance Bank Ltd's price-to-book ratio is 0.9x.

• Price-to-Book (P/B): 0.9x
• Book Value per Share: ₹35
• Current Price: ₹33

ESAF Small Finance Bank Ltd is rated Weak with a fundamental score of 25/100. This score is calculated from objective financial metrics

• PAT Growth YoY: +113.1% (20% weight)
• PAT Growth QoQ: +242.9% (15% weight)
• Earnings trend: inflection_up (5% weight)

ESAF Small Finance Bank Ltd has a debt-to-equity ratio of N/A.

• Total Debt: ₹3,000 Cr

ESAF Small Finance Bank Ltd's return ratios over recent years

• FY2024: ROE 20.0%
• FY2025: ROE -23.0%
• FY2026: ROE -9.0%

ESAF Small Finance Bank Ltd's operating cash flow is negative (FY2026).

• Cash from Operations (CFO): ₹-2,000 Cr
• Free Cash Flow (FCF): ₹-2,000 Cr

ESAF Small Finance Bank Ltd currently does not pay a significant dividend (yield 0.00%).

• Dividend Yield: 0.00%
• Current Price: ₹33

ESAF Small Finance Bank Ltd's shareholding pattern (Mar 2026)

• Promoters: 63.3%
• FII (Foreign): 0.0%
• DII (Domestic): 4.6%
• Public: 32.1%

ESAF Small Finance Bank Ltd's promoter holding has decreased recently.

• Current Promoter Holding: 63.3% (Mar 2026)
• Previous Quarter: 63.3% (Dec 2025)
• Change: -0.01% (decreasing — worth monitoring)

ESAF Small Finance Bank Ltd has been outperforming Nifty 500 for 1 consecutive week, indicating early-stage outperformance.

ESAF Small Finance Bank Ltd is a re-entry — it briefly dropped off the outperformance list but has now returned. Re-entries can signal renewed strength.

Based on quantitative research signals, here is why ESAF Small Finance Bank Ltd may be worth studying

• Earnings growing at +113.1% YoY

ESAF Small Finance Bank Ltd investment thesis summary:

ESAF Small Finance Bank Ltd's forward outlook based on current data signals

• Earnings Trend: turning around (inflection up)
• Revenue Trend: turning around (inflection up)