EqLIIIZEE[quit/u Small Fianna Dank

.May 10, 2019

Department of Corporate Services

BSE Limited

P] Towers, Dalal Street, '

Mumbai 400001

Dear Sir/ Madam

Sub: Audited Results of the Bank pursuant to Regulation 52 of Securities and ExchangeBoard of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Ref: Scrip Codes - 951930, 950723, 947882, 951924, 952815, 952812, 954769 and 954804

Kindly refer to the above mentioned Non-Convertible Debentures (NCDs) listed in BSE

under F Group - Debt Instruments.

Pursuant to the aforesaid regulation, please find attached the audited financial results of

.Equitas Small Finance Bank Limited for the six months/ year ended March 31, 2019,

approved by the Board of Directors in their Meeting held on May 9, 2019 along with

Independent Auditors Report issued by the Statutory Auditors, M/s S R Batliboi 8:

Associates LLP, Chartered Accountants.

Kindly acknowledge receipt.

Thanking you

Yours trulyfor Equitas Small Finance Bank Limited

Sampathkumar K R

Company Secretary

Equitas Small Finance Bank Limited

(Previously known as Equitas Finance Limited)4‘" Floor, Phase II, Spencer Plaza, No.769, Mount Road, Anna Salai, Chennai, Tamil Nadu, India - 600 002

T: +91 444299 5000 | F: +91 444299 5050 | corporate@equitas.in | www.equitasbank.comToll Free: 1800 103 1222 | CIN No.: U6519‘ITN1993PLC025280 1911065

EEILIltasEauitas Small Finance Bank

EQUITAS SMALL FINANCE BANK LIMITED

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WIbIlu: www.equlm nnk.eoIn

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1 Income eurned “mum-:1 112,151.51 51,512.55 212 052.52 154,211.24

(0) Intonm Income frum advance: 100,174.02 70,115.01 155,254.51 154 224.05

(0) Income on Investments 10 015.29 10 411.42 5105,12 15 124.25

(5:) Interest on hilnncos with Reserve Bonk eI Indla Ind

“harm" “Mum“1,572.25 010.25 3,051.13 1,022.92

2 Omar Income 14,154.15 0,475.15 25 250.15 24,121.515 Tohl Income (112) 125 345.15 00 000.54 240 552.21 115,002.154 Interest Expondnd 45,500.55 55,541.10 55,550.15 55,211.20

5 Operating Expenses (i)1(il)¢(ill) 55,215.10 44,555.10 105,545.65 55,111.15

(I) Employee Cost 21 951.25 25,210.55 55,150.55 51 541.05

(II) Deproctouon I Amorusnunn 4,054.55 4,410.55 0,111.51 5 150.51

“mother agar-1mg Expenses 20.55555 14,517.25 55 540.05 27,510.55

0 (1:1:Exp-ndlmru, echudIng Prowl-Ion: 5. Conungnnclee

101.113." “‘2”40 "7'1"" 100.315.”

1 Operating Profit balorl Provlslcnl 51 Conunyencles (3-6) 24,555.26 10,100.55 42,514.40 22,054.565 Provisions (other thnn 151001111 Contingencies 5,025.51 10,100.55 10,240.52 11 212.51

0 Excgpuonan name . . . .

Profit from omlnnry leun hubr- 105 [14-0) 10 501.05 550.12 32 515.51 4 551,40

Tax Exnensu 5 110,10 I00.02 11 511.05 1 555.55

N01 From «om omIn-ry Aoflvlm- 01hr Tl! 13-11) 12 155.25 400.10 21 055.51 5 105.14

15 Extraordinary llama (net of Tax Expense) » - -

14 Not From fur the PerIod I v r (12-15) 12,155.25 400.10 21 ,055.51 5,155.14

15 Pam-up Equity sher- Cnplul (F000 Vllul o1 snore: 1'10 Inch) 100,504.54 100,504.54 100,504.54 100,504.54

1! Res-r11 wludlnn Rwllu-Hon R IND! 10: 150.92

17 Anllww RING!

(i) Car-Mal Adsnuacy Ratio (1.) 22.44% 29.551. 22.441. 29.551.

ii Earnln 5 Per Share EPS . Not Annuallsed Ior st months( )1 Risk?! [muted (1 pi. shire) 1'” “'"5 7‘” “2

1! MFA Rlflo

a) Groas NPA 25,510.55 21,252.55 25,510.05 21 252.55

Net NPA 15,541.11 15,140.51 15,541.11 15,140.51

I1) 1. 01 Gross NPA to Advance: 2551. 2.151. 2.551. 2.151.

1. 01 N01 NPA Io Mvnncu 1.441. 1 .4011 1.441. 1.441.

1:1 Return on Asset: - Not AnnuaIIseu fur six mnnths ('11. of Profit

Aner Yax to You: 453m)“'7‘ 0.04% 1.4511 “W'

-Ruhr N50. 0

A. .5 A5 05

PartlcnI-n 51 440MB 51 4550-1 I

505555 405555

cAwTAL 4N0 LIABILITIES

1 Caplul 100,504.54 100,504.54

2 055m... and sum»: 124,551.51 100,750.02

3 Dlpollll $00,573.63 “0.39231

’4 Borrowlngl 501,502.51 517,120.51

5 other .5100“ and Provisions 52,551.00 45,505.70

Yam 1.1-1.5qu 1,515,250.00 1,550,005.55

555m

5 cm. eno Ell-n01“ wItn Ralewe Bank 511nm. 40,210.51 55,505.15

1 salon-:4: wm: Blnkl and Money A! Gen and short N505. 55,701.15 52,505.45

5 lnvnntmenu 254,445.40 555,554.15

5 Advance: 1,155,500.45 110,550.25

10 51.55 55.51; 25,155.52 25,055.25

11 Other 555511 52,525.10 25,451.50

151.115.5010 1 ,515,250.00 1,550,005.55

Nat-l:

1

Piece- cnennei

Date: May 09, 2019

Thu Ibova nudltad financial results (“Shaman") 01 Equine Small Flrunce Bank leilld ("Blnk' nr “ESFBL') hr "l9 six months and yaar ended

March 31, 2019 were reviewed by 010 Audi! Dammit!” Mme Bunk a! Il'lIlr mauflny held on May I, 2019 Ind approval! by tho Bolrd of mutton ll

lhalr maaflng hald on May 9, 2019.

me above iinancial results or tile Bank have been prepered in all material aspects, in accordance with the Generally Accepted AccountingPrlnclplal in india tlndlen GAAF), stabitory requirements prescribed under tlra banking Regulation Act, 1249. circulars and guidelines issued bytile Reserve Bank oi indie (war) irorn time lo lime, Regulation 52 one. Slcurltliu and Exchange board or indla (Listing Obligations and Disclosure

Requirements). 2015, Accounting Standards specliled under section 133 oitile Companies Act 2013. are amended and practicee prevailing within

me banking lnduslry in indie.

Tile llguree o1 Die six months ended March :11. 2019 and March :41, 2010 nava been derived as belenclng iigures between tile emounle as per tile

annual eudlted accounts ier tne yeare tnen ended, end uneudited resutts for "In six montns ended Soplamhar so, 2010 and September so, 2017,being the naliyear oi the respective financial years, whlch were subject to limited review, respectively.

The Capital to Rlsk Assets Ratio ("CRAR") be on March 31, 2019 end as on March :41, 2018 have been computed as per~appllcsbie aseel ll

requirements in accordance with RSI Master circular No.Dboo.aP.ac.9iz1000011201344 dated 1 July 2013, on Pruflt'tmlal Guidelines on CapitalAdequacy and Marla! Discipline — New capital Adequacy Framework (NCAF),

me divergence observed by RBI ior tire tlnencial year 2017-10 in respect or tire bank'e asset clasblficalion end provisioning under tile extant

prodentiei norms on income recognition, aeeet classma-flon and provision is below ”to regulatory tnresnoid requirement for the disclosure andtuned tne disclosure requirement under REI circular No. RBI/201517I253 DERBP.EC.N0.63121.04.0181201B«17 April 13, 2011 read with circularNo. REIIZO1B-19/157 nan.aF.Bc.No.32/21.04,010i2013-1s dated Aprll1,2019ls not required to be made by the bank.

Tire aonrd o1 Directors ot the Bank have approved a Composite Scneme oiarrangement under the provision at Section 230 read witn Section 52and other appiicsble provisions oi tne Companies Act 201:1 (tne "Proposed Scneme"), between Equill: Holdings Limited, Eguitas srneil FinanceBank Limited and tnelr respective snarenoiders, tor iesuance and allotment oiiully paid up equity snares oi Equites Small Finance aanir Limited to

mb’shlrohnldars of Equitas Holdings Limited, and consequent reduction in tire eecuritles premium, revenue and otner reserves and tne urplue in

profi d lose account or Equita- Small Finance Bunk Limited. Tire Proposed Scneme is subject to tire epproval ottne Reeerve Bank at lndla

('REI ), tire Securitlee Exchange Board of indie ('SEBI'), late respective shareholders and creditors o1 each of me entities and are National Camp-flyLaw Tribunal ('NCLT'). Tito eppelnted date and emotive date o1 Die Proposed Scheme are based on tile receipt at ”in aioresald approvals,pending which no adJustmente have been considered in tile current financial results or tne tinsn I position or tne aank as at March 31, 2010.

Previous period I yeur iigures have been reelsssiilediregrouped, wnerever necessary, to conlorrn to the current period lyur classitlcatloni

grouping.

Fur Equflll Emu“ Flu-nee Bunk Hal 1

Vasudeye PN

5.R. BATL1301 & ASSOCIATES LLP tfsef‘szt tit;Chartered Accountants Ranv Gandhi Saldi

Taramam. (hennav - 600 113, mm

TU ‘0144 (3117 9000

Independent Auditor’s Report on Standalone Financial Results of Equitas Small Finance Bank

Limited pursuant to the Regulation 52 of the SEBl (Listing Obligations and Disclosure

Requirements) Regulations, 2015

To

The Board of Directors

Equitas Small Finance Bank Limited

We have audited the financial results of Equitas Small Finance Bank Limited (the “Bank") for the

year ended March 31. 2019 included in the ‘Statement of Audited Financial Results for the six

months / year ended 31 March 2019‘ (‘the Statement‘) attached herewith. being submitted by the

Bank pursuant to the requirements of Regulation 52 of the SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. C1R/1MD/DF1/9/2015

dated November 27, 2015 and CIR/[MD/DFl/69/2016 dated August 10. 2016 (‘ListingRegulations”). This Statement has been prepared on the basis of the audited financial statements

for year ended March 31. 2019. which is the responsibility of the Bank‘s management and has

been approved by the Board of Directors. Our responsibility is to express an opinion on the

Statement based on our audit of financial statements. prepared in accordance with accountingprinciples generally accepted in India as applicable to banking companies, including the relevant

accounting standards specified under Section 133 of the Companies Act. 2013 and the applicablerequirements ofthe Banking Regulation Act. 1949.

We conducted our audit in accordance with the Standards on Auditing. issued by the Institute of

Chartered Accountants of India. Those standards requires that we plan and perform the audit to

obtain reasonable assurance as to whether the Statement is free of material misstatements.

An audit involves performing procedures to obtain sufficient audit evidences about the amount

and disclosures in the Statement. The procedures selected depend on the auditor‘s judgementincluding the assessment of material misstatement of the Statement. whether due to fraud or error.

In making those risk assessment. the auditor considers internal controls relevant to the Bank‘s

preparation, and fair presentation of the Statement in order to design audit procedures that are

appropriate in the circumstances but not for the purpose of expressing an opinion on the‘

effectiveness of the Bank’s internal control. An audit also includes evaluating the appropriatenessof the accounting policies used and the reasonableness of the accounting estimates made by the

Management. as well as evaluating the overall presentation of the statement.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a

basis for our audit opinion.

3. In our opinion and to the best of our information and according to the explanations given to us.

the Statement:

i. is presented in accordance with the requirements of Regulation 52 of the SEBI (ListingObligations and Disclosure Requirements) Regulations. 2015; and

ii. gives a true and fair view of the net profit and other financial information ofthe Bank for

the year ended March 31. 2019.

s a 8mm 8 Asmnaiss LLP. 3 Limiter!lMhrhrvK'artrmrsnmwimLLPULHHH1:1» AAE 1:96

Requ o'tw ¢?.(amaritreel EmtV‘E 3:3 H m KUinifi me 011.

S.R. BATLIBOI & ASSOCIATES LLPChartered Accountants

4. The Statement includes the results of the half year ended March 31, 20l9. being the derived

balancing figure between the audited figures in respect of the full financial year ended March 3 I ‘

20|9 and the published year to date figures upto the half year ended September 30. 2018, of the

current financial year which were subject to limited review.

For S.R. BATLIBOI & ASSOCIATES LLP

Chartered Accountants

ICAl Firm registration number: [01049W/E300004

/

per Aniruddh Sankaran

Partner

Membership No.: 2] l 107

Place: Chennai

Date: May 09, 20l9