Microfinance Institutions company ESAF Small Finance Bank announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total business grew by 8.6% YoY to Rs 42,919 crore in Q4FY25 as against Rs 39,527 crore in Q4FY24 Gross advances remained stable YoY to Rs 18,779 crore in Q4FY25 as against Rs 18,772 crore in Q4FY24 Total Loan Book for the quarter stood at Rs 19,643 crore, stable YoY. Of the total loan book, Micro Loan contributes 49%, Gold Loan contributes 29% and others being 21% Disbursements during Q4FY25 stood at Rs 6,878 crore as against Rs 5,266 crore in Q4FY24 The total deposits grew by 17.2% YoY to reach Rs 23,276 crore in Q4FY25 compared to Rs 19,868 crore in Q4FY24 Net Interest Income (NII) reduced to Rs 436 crore compared to Rs 591 crore in Q4FY24 on account of change in loan mix and increase in slippage. Net Interest Margin (NIM) for Q4FY25 stood at 8.08% Pre-provisioning operating profit (PPoP) in Q4FY25 reduced to Rs 91 crore from Rs.285 crore for Q4FY24. Provision Coverage improved to 80.5% as on 31 March 2025 as against 78.6% in the trailing quarter Net NPA remained stable to 2.9%. FY25 Financial Highlights: The Bank’s Net Interest Income (NII) declined 13.4% YoY to Rs 2,052 crore compared to Rs 2,370 crore during FY24, mainly due to the change in asset mix. Net Interest Margin (NIM) for FY25 stood at 8.08% compared to 11.15% in FY24 The Bank’s pre-provisioning operating profit (PPoP) for FY25 decreased by 52.1% YoY to Rs 557 crore as compared to Rs 1,163 crore in FY24. Loss After Tax for FY25 came in at (Rs 521) crore as compared to Profit After Tax Rs 426 crore in FY24. K. Paul Thomas, MD & CEO, ESAF Small Finance Bank, said: “This year marks a significant shift in our business strategy as we transition towards secured and retail asset-led growth. Our performance in FY25 reflects the early success of this strategy, particularly in the gold and secured loan segments, and in building a strong CASA base. We remain deeply committed to financial inclusion, while also embracing a technologyled future. Our ongoing investments in digital innovation, analytics, and process automation will help us scale efficiently and ensure quality portfolio expansion. As we move into FY26, we do so with cautious optimism and a sharper retail asset focus, ensuring both impact and profitability.” Result PDF
ESAF Small Finance Bank announced Q3FY25 results Business Growth: Total business grew by 12.3% YoY to Rs 41,576 crore in Q3FY25 compared to Rs 37,009 crore in Q3FY24. Advances: Gross advances increased by 6.6% YoY to Rs 18,291 crore in Q3FY25 from Rs 17,153 crore in Q3FY24. Total Loan Book stood at Rs 19,161 crore, up by 5.6% YoY. Micro Loans accounted for 57%, Gold Loans for 24%, and Other secured Loans for 19%. Disbursements during Q3FY25 amounted to Rs 5,544 crore compared to Rs 3,893 crore in Q3FY24. Deposits: Total deposits grew by 18.9% YoY to Rs 22,415 crore in Q3FY25 compared to Rs 18,860 crore in Q3FY24. CASA deposits surged by 57.0% YoY to Rs 5,592 crore in Q3FY25 from Rs 3,562 crore in Q3FY24. CASA ratio improved to 24.9% in Q3FY25 from 18.9% in Q3FY24. Profitability Metrics: Net Interest Income (NII) stood at Rs 487 crore compared to Rs 597 crore in Q2FY24, reflecting changes in the loan mix and an increase in slippage. Net Interest Margin (NIM) for Q3FY25 was 8.64%. Pre-provisioning operating profit (PPoP) before exception items in Q3FY25 stood at Rs 127 crore compared to Rs 288 crore in Q3FY24. The bank set aside additional provisions of Rs 251.8 crore over and above the policy requirements, reducing Net NPA and improving coverage. In Q3FY24, additional provisions amounted to Rs 124.93 crore. The bank reported a loss of Rs 211 crore in Q3FY25 compared to a loss of Rs 190 crore in the previous quarter. Cost of funds for Q3FY25 remained stable at 7.7%. CRAR was at healthy level 22.70%, with Tier I capital at 18.67% as of December 2024. Asset Quality: Provision Coverage Ratio improved to 78.58% as of December 31, 2024, from 73.70% in the previous quarter. Net NPA stood at 2.97%, marginally improving from 2.98% in the previous quarter. K. Paul Thomas, MD & CEO, ESAF Small Finance Bank, said: “We have registered strong growth in total business and witnessed a significant rise in CASA deposits. 92% of our deposits are retail, reflecting our financial stability. We remain confident in improving asset quality over the next one to two quarters, driven by our commitment to responsible lending and diversification to mitigate concentration risks. Additionally, our focus on technological advancements will enhance operational efficiency and elevate customer experience.” Result PDF
ESAF Small Finance Bank announced Q1FY25 results: Profit Metrics Net Interest Income (NII) grew 0.5% YoY to Rs 588 crore compared to Rs 585 crore in Q1FY24 and the Net Interest Margin (NIM) for Q1FY25 stood at 9.4% Pre-provisioning operating profit (PPoP) for Q1FY25 stood at Rs 254 crore Profit After Tax at Rs 63 crore in Q1FY25 as compared to Rs 43 crore in Q4FY24 Cost of funds for the Q1FY25 was 7.4% CRAR was 23.5% and Tier I at 20.0% as at end of June 2024 Business Total business grew by 23.4% YoY to Rs 40,551 crore in Q1FY25 as against Rs 32,860 crore in Q1FY24. Advances Gross advances grew by 30.0% YoY to Rs 18,783 crore in Q1FY25 as against Rs 14,444 crore in Q1FY24 Total Loan Book for the quarter stood at Rs 19,664 crore, up by 14.3% YoY. Of the total loan book, Micro Loan contributes 66%, Retail Loans and others being 34% Disbursements during Q1FY25 stood at Rs 4,503 crore as against Rs 4,509 crore in Q1FY24 Deposits The total deposits grew by 33.4% YoY to reach Rs 20,887 crore in Q1FY25 compared to Rs 15,656 crore in Q1FY24 CASA depositsincreased by 72.8% YoY to Rs 4,927 crore in Q1FY25 compared to Rs 2,852 crore in Q1FY24; CASA ratio stand at 23.6% Asset Quality Bank’s asset quality stand (GNPA) at 6.6% in Q1FY25 Net NPA stood at 3.2% of the Advances in Q1FY25 Provision Coverage Ratio (PCR) stood 61.9% Commenting on the Q1FY25 performance, K. Paul Thomas, MD & CEO of ESAF Small Finance Bank, said, “Our bank continues to demonstrate robust growth across all key metrics, with a 23.4% year-onyear increase in total business and a notable rise in CASA deposits. The deposits remain solid, with 92% being retail deposits, which further solidifies our financial stability. By reducing our reliance on our major business correspondent, we are effectively mitigating concentration risk. Our ongoing investment in advanced technology will drive innovation and transform our operational efficiency. With these strategic measures in place, we are confident in enhancing our asset quality over the next two quarters.” Result PDF