EQUITAS HOLDINGS chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 80.13
Dividend & YieldN/A₹ (N/A)
Beta N/A
Market capitalization 33.07B
Operating cash flow 571M
ESG Scores unknown

Company description

Equitas Holdings Limited, through its subsidiaries, operates as a non-banking financial institution in India. The company operates in Banking and Finance, and Others segments. It accepts current and savings accounts, and term deposits; and offers micro finance loans, vehicle finance, housing finance, micro and small enterprises loans, agri loans, gold loans, business loans, etc. The company also offers online freight facilitation services under the Wowtruck brand name. It serves individuals, and micro and small enterprises. The company was incorporated in 2007 and is based in Chennai, India.

Sector: Financial Services - Industry: Credit Services

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 127.5M 512.1M 218M 350.5M
Total Cashflows From Investing Activities 45M -1.33B -433.2M -892.8M
Net Borrowings -10.95B 26.33B -22.36B -17.66B
Total Cash From Financing Activities -15.91B 23.81B -18.51B -12.18B
Change To Operating Activities 8.5B -20.95B 14.4B -10.91B
Issuance Of Stock 58.5M 2.48B 2.85B 1.11B
Net Income 1.77B 2.05B 4.73B 1.53B
Change In Cash 1.06B 12.77B 8.47B -12.5B
Effect Of Exchange Rate
Total Cash From Operating Activities 16.93B -9.72B 27.41B 571M
Depreciation 711.5M 1.15B 938M 1.27B
Change To Account Receivables
Other Cashflows From Financing Activities -5.02B -5B 2.02B 4.37B
Change To Netincome 5.61B 7.22B 6.79B 8.33B
Capital Expenditures -541.7M -749M -501.3M -929.8M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 2.71B 3.16B 6.56B 2.89B
Net Income 1.77B 2.05B 4.73B 1.53B
Selling General Administrative 6.45B 7.46B 8.28B 9.23B
Gross Profit 12.71B 14.73B 19.66B 20.63B
Ebit
Operating Income 2.71B 3.16B 6.56B 3.5B
Interest Expense
Income Tax Expense 947.4M 1.1B 1.42B 858.5M
Total Revenue 12.91B 14.94B 19.88B 20.63B
Cost Of Revenue 194.3M 211.1M 217.4M
Total Other Income ExpenseNet -1.1M -2.6M 400k -611.9M
Net Income From Continuing Ops 1.77B 2.06B 5.14B 2.03B
Net Income Applicable To Common Shares 1.77B 2.05B 4.73B 1.53B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 132.71B 179.32B 219.11B 231.54B
Total Stockholder Equity 24.44B 27.84B 30.76B 34.07B
Other Current Liabilities 662.4M 563.2M 1.38B 60M
Total Assets 157.15B 208.35B 255.83B 276.13B
Common Stock 3.41B 3.42B 3.42B 3.42B
Other Current Assets 380.7M 369.9M 377.1M 201.2M
Retained Earnings 6.4B 7.34B 8.1B
Treasury Stock 523.2M 972.1M 1.3B 30.65B
Cash 12.55B 25.32B 33.79B 21.3B
Total Current Liabilities 107.94B 144.11B 191.29B 189.33B
Other Stockholder Equity 523.2M 972.1M 1.3B 30.65B
Property, Plant, and Equipment 2.24B 4.54B 3.95B 3.36B
Total Current Assets 128.85B 177.02B 210.09B 222.06B
Net Tangible Assets 23.76B 27.05B 30.09B 33.38B
Net Receivables 115.92B 151.29B 175.27B 200.56B
Accounts Payable 89.64B 108.14B 164.18B 189.27B


Insider Transactions

Here are the insider transactions of stock shares related to EQUITAS HOLDINGS:

Filer Name Transaction Text Ownership Date Filer Relation Shares
KomalaSale at price 1.69 per share.D2021-12-10UNREPORTED20k
CDC Group plcD2021-07-28Promoter8.58M
J (Jagadesh)Sale at price 1.30 per share.D2021-05-26UNREPORTED24.04k
CDC Group plcD2021-02-25Promoter8.93M
Inamdar (Tabassum)D2020-03-09Director (Independent)35k
Inamdar (Tabassum)I2020-03-09Director (Independent)
Raghavan (H K N)D2019-09-16Other Executive14.3k
Raghavan (H K N)D2019-09-16Other Executive119.94k
Raghavan (H K N)D2019-09-13UNREPORTED89.66k
Raghavan (H K N)D2019-09-12UNREPORTED20k
Raghavan (H K N)D2019-06-14UNREPORTED138.8k
Mohanan (B)D2019-03-11UNREPORTED10k
Mohanan (B)D2019-03-08UNREPORTED10.64k
Mohanan (B)D2019-03-07UNREPORTED4.36k
Balakrishnan (Ajit)D2019-03-02UNREPORTED23k
Mohanan (B)D2018-12-19UNREPORTED15.6k
Boopalan (D)D2018-12-13UNREPORTED2k
Prabhudas (Herald)D2018-12-04UNREPORTED1k
Prabhudas (Herald)D2018-12-03UNREPORTED9.03k
Mohanan (B)D2018-11-26UNREPORTED15.6k
Boopalan (D)D2018-10-26UNREPORTED3k
Raghavan (H K N)D2018-10-26UNREPORTED200k
Raghavan (H K N)I2018-10-26UNREPORTED
Selvamani (P)D2018-10-26UNREPORTED3.5k
Selvamani (P)D2018-10-26UNREPORTED29.82k
Boopalan (D)D2018-10-25UNREPORTED2.5k
Boopalan (D)D2018-10-17UNREPORTED1k
Boopalan (D)D2018-10-16UNREPORTED2.5k
Mahamkali (Ramakrishna Saiprasad)D2018-10-16UNREPORTED3.5k
Balasubramanian (A)D2018-10-08UNREPORTED12.89k
Balasubramanian (A)D2018-10-04UNREPORTED5.97k
Mahamkali (Ramakrishna Saiprasad)D2018-10-01UNREPORTED3.82k
Boopalan (D)D2018-09-28UNREPORTED4k
Balasubramanian (A)D2018-09-14UNREPORTED7.59k
Boopalan (D)D2018-08-27UNREPORTED3.87k
Sawhney (Gurmeet Singh)D2018-07-31UNREPORTED5.45k
Boopalan (D)D2018-07-13UNREPORTED3.87k
Selvamani (P)D2018-06-26UNREPORTED3.53k
Prabhudas (Herald)D2018-05-18UNREPORTED1k
Prabhudas (Herald)D2018-05-15UNREPORTED3.65k
Mohanan (B)D2018-05-11Promoter16k
Mohanan (B)D2018-05-08UNREPORTED10k
Prabhudas (Herald)D2018-05-02UNREPORTED3k
Prabhudas (Herald)D2018-04-27UNREPORTED1k
Prabhudas (Herald)D2018-04-26UNREPORTED1k
Prabhudas (Herald)D2018-04-26UNREPORTED1k
Janarthanan (T)D2018-04-13UNREPORTED7k
Selvamani (P)D2018-04-13UNREPORTED3.54k
Prabhudas (Herald)D2018-04-06UNREPORTED13.01k
Murthy (V S)D2018-03-23UNREPORTED5.5k
Mohanan (B)D2018-03-22UNREPORTED33.53k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to EQUITAS HOLDINGS. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on EQUITAS HOLDINGS

Here is the result of two systematic investment strategies applied to EQUITAS HOLDINGS. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on EQUITAS HOLDINGS

The following chart shows the equity curve of the two systematic investment strategies applied to EQUITAS HOLDINGS:

EQUITAS HOLDINGS automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 26.08% on the backtest period.

Performance at glance

Performance

26.08 %

Latent gain

671.75 ₹

Invested capital

2575.75 ₹

Annualized return

6.21 %
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Momentum strategy results on EQUITAS HOLDINGS

This is the result of two momentum investment strategies applied to EQUITAS HOLDINGS. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on EQUITAS HOLDINGS

The following chart shows all the entries opened by the momentum investment system on EQUITAS HOLDINGS:

EQUITAS HOLDINGS momentum entries
  • The first momentum investment strategy would give 23.81% of return on EQUITAS HOLDINGS. That represents 1373.9₹ of latent gain with 5770.6₹ of employed capital.
  • The second momentum investment strategy would give 29.86% of return on EQUITAS HOLDINGS. That represents 920.85₹ of latent gain with 3084.4₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

23.81 %

Latent gain

1373.9 ₹

Invested capital

5770.6 ₹

Annualized return

72.68 %
Performance at glance (2Q Momentum)

Performance

29.86 %

Latent gain

920.85 ₹

Invested capital

3084.4 ₹

Annualized return

8.03 %

Momentum equity curve on EQUITAS HOLDINGS

The following chart shows the equity curve of the two momentum strategies applied to EQUITAS HOLDINGS:

EQUITAS HOLDINGS momentum equity

Note: the dividends potentially given by EQUITAS HOLDINGS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on EQUITAS HOLDINGS

The following chart shows the employed capital evolution of the two momentum strategies on EQUITAS HOLDINGS since the beginning:

EQUITAS HOLDINGS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on EQUITAS HOLDINGS

Buy the dip entry openings on EQUITAS HOLDINGS

EQUITAS HOLDINGS

The performance achieved by the robo-advisor on EQUITAS HOLDINGS is 159.9%. That represents 399.6$ of latent gain with 249.9₹ of employed capital. The following chart shows EQUITAS HOLDINGS stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of EQUITAS HOLDINGS, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

159.9 %

Latent gain

399.6 ₹

Invested capital

249.9 ₹

Annualized return

72.68 %

Equity curve of the strategy applied to EQUITAS HOLDINGS

The following chart shows the result of the investment strategy applied to EQUITAS HOLDINGS:

EQUITAS HOLDINGS

Note: the dividends potentially given by EQUITAS HOLDINGS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on EQUITAS HOLDINGS

The following chart shows the employed capital evolution since the beginning of the investment strategy on EQUITAS HOLDINGS:

EQUITAS HOLDINGS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on EQUITAS HOLDINGS

In this section, I will compare the three previous investment strategies applied to EQUITAS HOLDINGS.

Equity curve comparison on EQUITAS HOLDINGS

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

EQUITAS HOLDINGS investment strategy comparison

Employed capital comparison on EQUITAS HOLDINGS

EQUITAS HOLDINGS investment comparison

Performance comparison on EQUITAS HOLDINGS

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 26.08% 671.75₹ 2575.75₹ 6.21%
Momentum 1 quarter 23.81% 1373.9₹ 5770.6₹ 6.01%
Momentum 2 quarters 29.86% 920.85₹ 3084.4₹ 8.03%
Non-directional 159.9% 399.6₹ 249.9₹ 72.68%
Annualized return comparison

Automatic investment

6.21 %

Momentum 1Q

8.03 %

Momentum 2Q

8.03 %

Non-directional

72.68 %

Correlated stocks

Here are the most positively and negatively correlated stocks with EQUITAS HOLDINGS:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between EQUITAS HOLDINGS and the other stocks. There may be false positives or some missing correlated stocks. If the price of EQUITAS HOLDINGS does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name EQUITAS HOLDINGS
Country India
City Chennai
Address 410A, Spencer Plaza
Phone 91 44 4299 5000
Website www.equitas.in
FullTime employees
Industry Credit Services
Sector Financial Services
Exchange XNSE
Ticker EQUITAS.XNSE
Market

EQUITAS HOLDINGS ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown