ESAF Small Finance Bank Ltd
Fortune 500 2024
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OVERVIEW
FINANCIALS
NEWS
About
ESAF Small Finance Bank is dedicated to financial inclusion, catering primarily to underserved and unbanked communities in India. The bank offers a wide range of products, including microloans, savings accounts, fixed deposits, and insurance solutions, empowering small businesses, farmers, and low-income households. With its roots in microfinance, ESAF integrates social impact with financial services, promoting sustainable development. The bank has expanded its digital banking initiatives, ensuring accessibility and convenience for rural and semi-urban customers. By fostering economic empowerment through responsible lending and inclusive banking, ESAF plays a crucial role in bridging the financial gap for marginalized communities.
Incorporation Year: 2016
Headquarters: Thrissur, Kerala, India
Top Management: K. Paul Thomas (Managing Director & CEO)
Industry: BFSI
Website: esafbank.com
Featured In Fortune India Ranking
Fortune 500 India
#483(2024)
#483(2024)
Next 500 India
#42(2024)#32(2022)#73(2021)#256(2020)#413(2019)
#42(2024)#32(2022)#73(2021)#256(2020)#413(2019)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
4,260
(INR Cr)
Net Operating Income
3,818
(INR Cr)
Assets
26,087
(INR Cr)
Profit
426
(INR Cr)
Net Worth
2,492
(INR Cr)
Fortune India Coverage
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 4260 35.6% | 3142 46.3% | 2148 21.4% | 1768 14.4% | 1546 35.6% | 1141 63.3% | 699 1349.3% | 48 - |
| Net Operating Income (INR Cr) | 3818 33.81% | 2854 47.10% | 1940 18.20% | 1641 16.13% | 1413 36.99% | 1032 72.85% | 597 1,930.76% | 29 - |
| Profit (INR Cr) | 426 40.8% | 302 452.4% | 55 -48.1% | 105 -44.6% | 190 110.9% | 90 234.5% | 27 3451.3% | 1 - |
| Assets (INR Cr) | 26087 29.0% | 20224 14.2% | 17708 43.5% | 12339 30.3% | 9470 34.2% | 7059 49.4% | 4725 57.8% | 2994 - |
| Net Worth (INR Cr) | 2492 45.3% | 1715 21.5% | 1412 4.4% | 1352 24.7% | 1084 21.3% | 894 160.3% | 343 12.3% | 306 0.0% |
| Employee Cost (INR Cr) | 363 30.6% | 278 19.8% | 232 23.6% | 188 30.3% | 144 86.9% | 77 95.1% | 40 2071.4% | 2 - |
| Interest Cost (INR Cr) | 1449 | 1017 | 793 | 720 | 621 | 458 | 315 | 16 |
| Cash & Bank Balance (INR Cr) | 1423 | 767 | 1512 | 1819 | 903 | 781 | 698 | 556 |
| Total Debt (INR Cr) | 23090 | 18020 | 15768 | 10693 | 8232 | 6019 | 4198 | 2462 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 10.0% | 9.6% | 2.6% | 6.0% | 12.3% | 7.9% | 3.9% | 1.6% |
| Profit As % Of Assets | 1.6% | 1.5% | 0.3% | 0.9% | 2.0% | 1.3% | 0.6% | 0.0% |
| Profit As % Of Networth | 17.1% | 17.6% | 3.9% | 7.8% | 17.6% | 10.1% | 7.9% | 0.3% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - |
| RONW | 20.2% | 19.3% | 4.0% | 8.7% | 19.3% | 14.6% | 8.3% | 0.3% |
| ROCE | - | - | - | - | - | - | - | - |