ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Equitas Small Finance Bank's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹8,507 Mil.
Equitas Small Finance Bank's average Total Assets over the quarter that ended in Mar. 2026 was ₹606,104 Mil. Therefore, Equitas Small Finance Bank's annualized ROA % for the quarter that ended in Mar. 2026 was 1.40%.
The historical rank and industry rank for Equitas Small Finance Bank's ROA % or its related term are showing as below:
BOM:543243'
s ROA % Range Over the Past 10 Years
Min: 0.18 Med: 1.39 Max: 1.99
Current: 0.18
During the past 9 years, Equitas Small Finance Bank's highest ROA % was 1.99%. The lowest was 0.18%. And the median was 1.39%.
BOM:543243's ROA % is ranked worse than 90.92% of 1530
companies
in the Banks industry
Industry Median: 0.98
vs BOM:543243: 0.18
Equitas Small Finance Bank (BOM:543243) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Equitas Small Finance Bank ROA % Competitor Comparison
For the Banks - Regional subindustry, Equitas Small Finance Bank's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Equitas Small Finance Bank ROA % vs Banks Industry
For the Banks industry and Financial Services sector, Equitas Small Finance Bank's ROA % distribution charts can be found below:
* The bar in red indicates where Equitas Small Finance Bank's ROA % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Equitas Small Finance Bank (BOM:543243) has a ROA % of 1.40% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Equitas Small Finance Bank and its competitors. This is near median its historical median of 1.39. Over the past decade, Equitas Small Finance Bank's ROA % has ranged from 0.18 to 1.99. According to the industry distribution chart, Equitas Small Finance Bank ranks #1391 out of 1530 companies in the Banks industry, placing it in the top 90.9%.
Is Equitas Small Finance Bank's ROA % too high?
Equitas Small Finance Bank's current ROA % of 1.40% is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.99. The Banks industry median ROA % is 0.98. Equitas Small Finance Bank's value of 1.40% is 42.9% above this industry median. Based on the distribution chart, Equitas Small Finance Bank ranks #1391 out of 1530 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Equitas Small Finance Bank has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Equitas Small Finance Bank's ROA % compare to competitors?
According to the Banks industry distribution chart, Equitas Small Finance Bank ranks #1391 out of 1530 companies for ROA %. This places Equitas Small Finance Bank in the lower half of its industry. The industry median ROA % is 0.98. Equitas Small Finance Bank's value of 1.40% is 42.9% above this benchmark. Historically, Equitas Small Finance Bank's own ROA % has ranged from 0.18 to 1.99 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 0.98, Equitas Small Finance Bank has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Banks company?
The median ROA % among Banks companies is 0.98, based on 1,530 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equitas Small Finance Bank's current ROA % of 1.40% is 42.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Equitas Small Finance Bank and its competitors. For the Banks industry, the median ROA % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equitas Small Finance Bank's current ROA % is 1.40%, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equitas Small Finance Bank stock overvalued right now?
Based on GuruFocus' analysis, Equitas Small Finance Bank (BOM:543243) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹85.46, compared to a current price of ₹76.33 — trading 10.7% below its estimated fair value. The current ROA % is 1.40%, which is near median its 10-year median of 1.39 and 42.9% above the Banks industry median of 0.98. Equitas Small Finance Bank's overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Equitas Small Finance Bank (BOM:543243), the current ROA % is 1.40% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Equitas Small Finance Bank (BOM:543243) Overvalued in 2026?
Based on GuruFocus' analysis, Equitas Small Finance Bank stock appears to be undervalued.
The current stock price of ₹76.33 is trading 10.7% below its estimated GF Value™ of ₹85.46.
GuruFocus considers Equitas Small Finance Bank to be Modestly Undervalued.
Key valuation signals for BOM:543243:
ROA %: 1.40% (near median its 10-year median of 1.39)
GF Value™: ₹85.46 vs. price of ₹76.33 (10.7% below fair value)
Industry Position: 42.9% above the Banks median (#1391 of 1530)
No single metric tells the full story. See the BOM:543243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equitas Small Finance Bank Ltd is a small finance bank. It offers banking products and services to customers. The firm's financial products and services include the provision of small business loans comprising LAPs, housing loans, and agriculture loans to micro-entrepreneurs, microfinance, used and new commercial vehicle loans, Micro and Small Enterprises loans and others. Its segments include Treasury; Corporate / Wholesale Banking; Retail Banking; and Other Banking Business. The company generates a majority of its revenue from the retail banking segment.
74GF Score
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