Equitas Small Finance Bank: rating update from CRISIL
Equitas Small Finance Bank (BSE: EQUITASBNK) said CRISIL has reviewed its credit rating. The company is valued at about ₹6,391 crore.
What happened
Equitas Small Finance Bank (BSE: EQUITASBNK) informed the stock exchanges on 10 November 2026 at 11:29 AM that CRISIL has reviewed its credit rating.
From the filing: "Equitas Small Finance Bank Limited has informed the Exchanges regarding the ESG rating by CRISIL ESG Ratings and Analytics Limited"
Company snapshot
Equitas Small Finance Bank is a small-cap company in the Financial Services sector, with a market value of about ₹6,391 crore.
The stock last traded at ₹55.86, against a 52-week range of ₹47.32–₹83.9 (33.4% below the high).
Before this filing the shares had moved −15.9% over the month and −26.0% over three months. Average daily turnover over the last 20 sessions was about ₹113 crore.
Promoters held 0.00% at the end of Q2 FY27. Foreign institutions owned 15.80% and domestic institutions 52.24%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,846 | 24.1 | 0.21 |
| Q3 FY26 | 1,981 | 90 | 0.79 |
| Q4 FY26 | 2,100 | 212.7 | 1.86 |
| Q1 FY27 | 2,215 | 183.6 | 1.61 |
| Q2 FY27 | 2,358 | 218 | 1.91 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 5 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.3% on average the next trading day and was down 0.9% on average after five days (5 filings with price data).
Across 212 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and −0.2% over five days; 47% of them rose the next day.
Market-wide, 1,441 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 10 Oct 2026 | Equitas Small Finance Bank Limited has informed the Exchanges… | +2.5% | — |
| 8 Sept 2026 | Affirmation and assignment of credit ratings | +0.1% | +1.3% |
| 8 Sept 2026 | Credit Rating- New | +0.1% | +1.3% |
| 8 Sept 2026 | Has informed the Exchanges about reaffirmation of credit rating | −0.9% | −2.7% |
| 20 Jun 2026 | Credit rating | −0.2% | −3.4% |
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- Equitas Small Finance Bank shares tumble 27% in two days; analysts say good Q2 numbers marred by CEO exit
- Equitas Small Finance Bank shares surges 7% after company approves Balaji Nuthalapadi as interim CEO - CNBC TV18
- Equitas Small Finance Bank chief PN Vasudevan plans exit over perceived conflict involving daughter's NBFC
- Equitas Small Finance Bank names Balaji Nuthalapadi as Interim CEO
- Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO pending RBI approval
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.