ESAF Small Finance Bank reports widening Q2, H1 losses, asset quality deterioration

ESAF Small Finance Bank reported a net loss of INR (11,581) Lakhs for the quarter ended September 30, 2025, and a net loss of INR (19,703) Lakhs for the half year ended September 30, 2025. This compares to a net loss of INR (19,007) Lakhs for the quarter ended September 30, 2024, and INR (12,730) Lakhs for the half year ended September 30, 2024. Total income for the quarter reached INR 96,498 Lakhs, with half-year total income at INR 1,98,835 Lakhs.

The bank's asset quality deteriorated, with Gross Non-Performing Assets (NPA) increasing to INR 1,63,457 Lakhs and Net NPA at INR 69,640 Lakhs as of September 30, 2025. This translates to a Gross NPA percentage of 8.54% and a Net NPA percentage of 3.83% of gross and net advances, respectively. The Capital Adequacy Ratio (Basel II) stood at 22.43% for the quarter.

The bank's Debt-Equity Ratio for the quarter was 0.66, with total debts to total assets at 7.79%. Earnings Per Share (Basic) for the half-year ended September 30, 2025, was INR (3.82). The bank confirmed its joint statutory auditors issued an unmodified opinion on the limited review report.