Profit & Loss Statement – Q2 & H1FY25

Particulars (₹ Crs) Q2FY25 Q2 FY24 Y-o-Y Q1 FY25 Q-o-Q H1FY25 H1FY24 Y-o-Y
Interest Income 996.38 943.35 5.6% 1,022.45 -2.5% 2,018.83 1,842.09 9.6%
Interest Expense 456.06 346.78 31.5% 434.10 5.1% 890.17 660.08 34.9%
Net Interest Income 540.32 596.57 -9.4% 588.34 -8.2% 1,128.67 1,182.01 -4.5%
Other Income 96.58 78.91 22.4% 115.27 -16.2% 211.85 171.92 23.2%
Net Total Income 636.91 675.47 -5.7% 703.61 -9.5% 1,340.52 1,353.93 -1.0%
Employee Benefits Expense 193.06 89.09 116.7% 103.48 86.6% 296.54 168.96 75.5%
Depreciation and Amortization Expense 14.65 12.29 19.2% 13.81 6.0% 28.46 24.56 15.9%
Other Expenses 286.16 284.44 0.6% 332.28 -13.9% 618.44 570.09 8.5%
Operating Expense 493.87 385.82 28.0% 449.57 9.9% 943.44 763.61 23.6%
Pre-Provision Operating Profit 143.04 289.66 -50.6% 254.05 -43.7% 397.08 590.32 -32.7%
Provisions 339.69 101.37 235.1% 169.12 100.9% 508.81 228.29 122.9%
Exceptional Items 58.00 - - 58.00 -
Profit before tax -254.65 289.66 -187.9% 254.05 -200.2% -169.73 590.32 -128.8%
Tax Provisions -64.59 48.17 -234.1% 22.15 -391.5% -42.43 91.95 -146.1%
Profit After Tax -190.06 241.48 -178.7% 231.89 -182.0% -127.30 498.37 -125.5%
Earnings Per Share Diluted (3.69) 1.22 1.22 (2.47) 6.00
Breakup of Other Income
Loan Processing Fees 21.84 30.47 -28.3% 26.51 -17.6% 48.35 75.68 -36.1%
Profit on sale of investments (Net) 25.80 (1.29) -2104.8% 9.91 160.2% 35.71 10.15 251.7%
Profit on revaluation of investments (Net) 3.05 (4.94) -161.7% 0.33 816.7% 3.38 0.29 1084.8%
Recovery on written off loan 3.14 9.50 -66.9% 4.55 -30.9% 7.69 9.79 -21.4%
PSLC Income - 7.18 -100.0% 31.41 -100.0% 31.41 16.18 94.1%
Account maintenance charge 3.56 2.58 38.1% 2.81 26.8% 6.37 4.17 52.8%
Third Party Product Income 17.85 5.14 247.6% 16.19 10.3% 34.05 12.87 164.6%
Other charges 21.34 30.27 -29.5% 23.55 -9.4% 44.88 42.80 4.9%
Total 96.58 78.91 22.4% 115.27 -16.2% 211.85 171.92 23.2%
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 Profit & Loss Statement
Particulars (₹ Crs) FY24 FY23 FY22

Interest Income 3,818 2,854 1,940

Interest Expense 1,449 1,017 793

Net Interest Income 2,370 1,836 1,147

Other Income 442 288 208

Net Total Income 2,812 2,124 1,355

Employee Benefits Expense 363 278 232

Depreciation and Amortization Expense 51 42 33

Other Expenses 1,235 911 598

Operating Expense 1,649 1,231 863

Pre-Provision Operating Profit 1,163 894 492

Provisions (other than tax and contingencies) 592 488 418

Profit before tax 570 406 74

Tax Provisions 145 104 19

Profit After Tax 426 302 55

Earnings Per Share Diluted 8.94 6.73 1.22

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 Balance Sheet
Particulars (₹ Crs) Sep-24 Mar-24 Mar-23 Mar-22

CAPITAL AND LIABILITIES

Capital 514.87 514.78 449.47 449.47

Employee Stock Option Outstanding 6.94 5.68 5.88 4.81

Reserves and Surplus 1,818.12 1,971.33 1,259.66 957.32

Deposits 21,613.50 19,867.80 14,665.63 12,815.07

Borrowings 2,141.13 3,222.53 3,354.20 2,952.83

Other Liabilities and Provisions 551.73 504.76 488.83 528.06

Total Capital and Liabilities 26,646.29 26,086.88 20,223.66 17,707.56

ASSETS

Cash and Balances with Reserve Bank of India 1,115.94 1,364.65 739.55 1,300.67

Balances with Banks and Money at Call and Short Notice 1,222.55 58.28 27.50 211.24

Investments 5,715.58 5,541.02 4,888.53 4,070.30

Advances 17,585.62 18,293.11 13,924.33 11,637.01

Fixed Assets 218.40 207.55 187.93 159.48

Other Assets 788.20 622.27 455.82 328.88

Total Assets 26,646.29 26,086.88 20,223.66 17,707.56

34
COMPANY :

ESAF Small Finance Bank Limited

Email: [Link]@[Link]
[Link]

Website: [Link]
CIN : U65990KL2016PLC045669

INVESTOR RELATIONS ADVISORS :

Orient Capital (a division of Link Group)

Mr. Nikunj Jain Mr. Viral Sanklecha