Ujjivan Small Finance Bank Ltd
UJJIVANSFB NSE
Ujjivan Small Finance Bank Ltd
Financial ServicesNSE: UJJIVANSFB BSE: 542904 Banks
Key Fundamentals
MicrocapSmall Finance BankBanksMarket Cap
₹13,879 Cr
Volatility
Moderate
P/E Ratio
15.25
EBITDA
₹1,056 Cr
Return on Equity
10.16%
Debt to Equity
0
Book Value
₹34.51
EPS
₹6.51
52W High
₹73.94
52W Low
₹41.95
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Ujjivan Small Finance Bank Ltd insights
60 extracted metrics + investor summaries across FY12–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Weaknesses
4- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Earnings include an other income of Rs.1,115 Cr.
- Dividend payout has been low at 2.02% of profits over last 3 years
Growth Rate
Revenue Growth
11.64% ↗
Net Income Growth
-4.61% ↘
Cash Flow Change
-9.12% ↘
ROE
-14.91% ↘
ROCE
-10.04% ↘
EBITDA Margin (Avg.)
-2.85% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 8d agoAI opinion · based on fundamentals
Risk high
Ujjivan Small Finance Bank is a small finance bank with a market cap of ~₹14,128 Cr trading at a P/E of 15.3x and P/B of 2.06x. FY25 net profit declined 43% YoY to ₹726 Cr due to elevated credit costs, but Q4 FY26 profit surged 238% to ₹282 Cr as asset quality stabilized. The bank is actively diversifying toward secured lending (now 44% of loans) while growing deposits at 21.4% YoY to ₹45,668 Cr in FY26.
Bull Case 8
- Strong deposit growth of 21.4% YoY in FY26 to ₹45,668 Cr with CASA ratio improving to 28.6% from 25.6% in FY25, indicating strengthening liability franchise
- Secured loan book grew 56% YoY to ₹13,988 Cr, now constituting 44% of total loans vs 30% in FY24, reducing portfolio concentration risk
- Q4 FY26 net profit surged 238% YoY to ₹282 Cr on improved asset quality and stronger collections, signaling earnings recovery
- Net NPA improved to 0.43% from 0.49% YoY as of Q4 FY26, with 3-year average net NPA at 0.4%, demonstrating strong provisioning discipline
- Cost of funds declined to 7.3% in Q2 FY26 from 7.6% in Q1 FY26, supporting margin improvement as interest rate cycle turns
- Compounded sales growth of 19% over 3 years and 20% over 5 years reflects consistent top-line expansion in the high-yield microfinance and MSME segments
- FY26 disbursements reached ₹32,576 Cr, growing 38.9% YoY with record quarterly disbursement of ₹9,811 Cr in Q4 FY26, indicating strong demand recovery
- Stock CAGR of 24% over 5 years and 74% over 1 year reflects re-rating driven by earnings normalization expectations
Bear Case 8
- FY26 full-year net profit declined 5% to ₹693 Cr from ₹726 Cr in FY25, which itself was down 43% YoY, indicating sustained earnings pressure over two years
- Gross NPA rose marginally to 2.26% from 2.18% YoY in Q4 FY26, and GNPA had spiked to 2.68% in Dec 2024, highlighting ongoing stress in the microfinance segment
- Earnings include other income of ₹1,115 Cr, raising questions about sustainability of core operating profitability
- ROE has declined from 16% (3-year average) to 11% in the last year, with FY25 ROE at 12.4% and ROA at 1.6%, below the bank's own historical peaks
- Low interest coverage ratio indicates vulnerability to credit cost spikes, especially given the bank's exposure to unsecured microfinance borrowers
- Dividend payout has been just 2.02% of profits over the last 3 years despite repeated profitability, limiting shareholder returns on a 2.11% yield
- Credit costs increased 56.1% YoY to ₹235 Cr in Q2 FY26, showing that asset quality stress in microfinance persists and provisioning remains elevated
- NIM compressed to 8.8% in FY25, down 25 bps from March 2024, as competitive pressures and deposit cost inflation squeeze spreads
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 4d ago Neutral 3
- Investor meets scheduled Aug 2026 Aug 17
Ujjivan SFB scheduled meetings with Nomura, Citadel, and other investors from Aug 19 to 24, 2026, with no UPSI disclosure planned.
- Virtual meet with Kotak AMC Jul 28
Virtual investor and analyst meeting with Kotak Mahindra AMC scheduled for July 31, 2026 at 11:00 AM IST to discuss business updates.
- Q1FY27 results filed Jul 24
Ujjivan SFB published unaudited financial results for the quarter ended June 30, 2026 on NSE and BSE.
TL;DR: Recent news flow for Ujjivan SFB is entirely procedural, consisting of routine investor meeting schedules and quarterly filing disclosures. There are no identifiable headwinds or positive catalysts from these updates. The active investor engagement calendar (Nomura, Citadel, Kotak AMC) suggests sustained institutional interest, but without disclosed financials or operational commentary, the near-term narrative remains data-light pending Q1FY27 earnings detail.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,287 | 1,391 | 1,471 | 1,529 | 1,577 | 1,613 | 1,591 | 1,573 | 1,619 | 1,682 | 1,752 | 1,878 | 2,025 |
| Expenses | 538 | 576 | 650 | 730 | 739 | 841 | 923 | 1,039 | 969 | 1,018 | 1,051 | 1,029 | 1,023 |
| Financing Profit | 255 | 248 | 210 | 203 | 203 | 103 | -36 | -174 | -113 | -96 | -51 | 64 | 165 |
| Fin. Margin % | 20% | 18% | 14% | 13% | 13% | 6% | -2% | -11% | -7% | -6% | -3% | 3% | 8% |
| Other Income | 177 | 189 | 185 | 236 | 197 | 207 | 172 | 270 | 249 | 256 | 295 | 307 | 256 |
| Interest | 494 | 568 | 611 | 595 | 636 | 669 | 704 | 709 | 763 | 761 | 751 | 785 | 838 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 432 | 436 | 394 | 440 | 400 | 310 | 136 | 95 | 136 | 160 | 244 | 371 | 421 |
| Tax % | 25% | 25% | 24% | 25% | 25% | 25% | 20% | 12% | 24% | 24% | 24% | 24% | 25% |
| Net Profit | 324 | 328 | 300 | 330 | 301 | 233 | 109 | 83 | 103 | 122 | 186 | 282 | 317 |
| EPS in Rs | 1.66 | 1.68 | 1.53 | 1.68 | 1.56 | 1.2 | 0.56 | 0.43 | 0.53 | 0.63 | 0.96 | 1.45 | 1.63 |
| Gross NPA % | 2.62% | 2.35% | 2.18% | 2.23% | 2.52% | 2.52% | 2.68% | 2.18% | 2.52% | 2.45% | 2.38% | 2.26% | 2.16% |
| Net NPA % | 0.06% | 0.09% | 0.17% | 0.28% | 0.41% | 0.56% | 0.56% | 0.49% | 0.7% | 0.67% | 0.57% | 0.43% | 0.34% |
Profit & Loss
| Mar 2012 | Mar 2013 | Mar 2017 9m | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 148 | 223 | 217 | 1,468 | 1,832 | 2,704 | 2,806 | 2,813 | 4,165 | 5,677 | 6,354 | 6,931 | 7,338 |
| Expenses | 93 | 102 | 111 | 922 | 1,053 | 1,417 | 1,944 | 2,603 | 1,730 | 2,396 | 3,406 | 3,923 | 4,121 |
| Financing Profit | -3 | 40 | -3 | -61 | 54 | 217 | -215 | -830 | 968 | 1,014 | 230 | -52 | 82 |
| Fin. Margin % | -2% | 18% | -1% | -4% | 3% | 8% | -8% | -30% | 23% | 18% | 4% | -1% | 1% |
| Other Income | 8 | 11 | 9 | 111 | 206 | 322 | 302 | 360 | 589 | 787 | 846 | 1,108 | 1,115 |
| Interest | 59 | 81 | 109 | 607 | 725 | 1,070 | 1,078 | 1,039 | 1,467 | 2,268 | 2,718 | 3,060 | 3,135 |
| Depreciation | 2 | 3 | 5 | 41 | 61 | 73 | 77 | 80 | 90 | 98 | 135 | 145 | 0 |
| PBT | 2 | 49 | 1 | 9 | 199 | 466 | 10 | -550 | 1,467 | 1,702 | 942 | 911 | 1,196 |
| Tax % | 22% | 31% | 94% | 22% | 0% | 25% | 19% | -25% | 25% | 25% | 23% | 24% | — |
| Net Profit | 2 | 34 | 0 | 7 | 199 | 350 | 8 | -415 | 1,100 | 1,281 | 726 | 693 | 906 |
| EPS in Rs | — | — | 0 | 0.05 | 1.38 | 2.02 | 0.05 | -2.4 | 5.63 | 6.54 | 3.75 | 3.57 | 4.67 |
| Div. Payout % | 0% | 48% | 0% | 0% | 0% | 0% | 0% | 0% | 22% | 6% | 0% | 0% | — |
Balance Sheet
| Mar 2012 | Mar 2013 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 57 | 66 | 1,440 | 1,440 | 1,440 | 1,728 | 1,728 | 1,728 | 1,955 | 519 | 1,935 | 1,943 |
| Reserves | 185 | 256 | 0 | 7 | 180 | 1,260 | 1,290 | 874 | 2,054 | 5,095 | 4,148 | 4,873 |
| Borrowing | 617 | 997 | 6,491 | 4,053 | 4,366 | 4,153 | 3,447 | 1,964 | 2,841 | 2,171 | 2,845 | 3,736 |
| Deposits | 0 | 0 | 206 | 3,773 | 7,379 | 10,780 | 13,136 | 18,292 | 25,538 | 31,462 | 37,630 | 45,668 |
| Other Liabilities | 38 | 41 | 298 | 201 | 377 | 490 | 779 | 754 | 929 | 1,176 | 1,130 | 1,321 |
| Total Liabilities | 898 | 1,360 | 8,436 | 9,473 | 13,742 | 18,411 | 20,380 | 23,612 | 33,317 | 40,422 | 47,689 | 57,541 |
| Fixed Assets | 11 | 11 | 137 | 194 | 282 | 280 | 276 | 244 | 265 | 395 | 444 | 457 |
| CWIP | 0 | 0 | 3 | 4 | 2 | 21 | 5 | 6 | 18 | 32 | 13 | 36 |
| Investments | 0 | 0 | 1,447 | 1,232 | 1,527 | 2,396 | 2,516 | 4,153 | 8,510 | 9,766 | 11,730 | 12,724 |
| Other Assets | 886 | 1,349 | 6,849 | 8,042 | 11,931 | 15,715 | 17,583 | 19,210 | 24,524 | 30,230 | 35,502 | 44,324 |
| Total Assets | 898 | 1,360 | 8,436 | 9,473 | 13,742 | 18,411 | 20,380 | 23,612 | 33,317 | 40,422 | 47,689 | 57,541 |
Cash Flow
| Mar 2012 | Mar 2013 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -168 | -409 | -7,084 | 2,314 | 478 | 242 | 2,657 | 2,554 | 1,060 | 1,593 | 2,028 | 1,843 |
| Investing | 1 | 3 | -161 | -101 | -148 | -757 | -1,356 | -841 | -2,096 | -865 | -1,793 | -2,481 |
| Financing | 269 | 427 | 7,931 | -2,439 | 287 | 776 | -706 | -1,484 | 1,186 | -519 | 398 | 911 |
| Net Cash Flow | 102 | 21 | 687 | -225 | 617 | 261 | 595 | 230 | 150 | 210 | 633 | 274 |
| Free Cash Flow | -171 | -411 | -7,245 | 2,213 | 330 | 153 | 2,599 | 2,503 | 935 | 1,349 | 1,863 | 1,661 |
| CFO/OP | -301 | -326 | -6,672 | 430 | 66 | 27 | 332 | 1,230 | 55 | 50 | 78 | 72 |
Ratios
| Mar 2012 | Mar 2013 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 1% | 12% | 0% | 0% | 13% | 15% | 0% | -15% | 33% | 27% | 12% | 11% |
Documents
1
Clarification sought from Ujjivan Small Finance Bank Ltd
9 Jul - Exchange has sought clarification from Ujjivan Small Finance Bank Ltd on July 09, 2026, with reference to news appeared in https://bfsi.economictimes.indiatimes.com/ dated July 09, .... 9 Jul - Exchange has sought clarification from Ujjivan Small Finance Bank Ltd on July 09, 2026, with reference to news appeared in https://bfsi.economictimes.indiatimes.com/ dated July 09, ....
2
Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Of newspaper publication of Financial Results for the quarter and year ended March 31, 2026 2d - Of newspaper publication of Financial Results for the quarter and year ended March 31, 2026
3
Announcement under Regulation 30 (LODR)-Press Release / Media Release
8 May - Q4FY26 PAT rose 238% to ₹282 Cr; board approved up to ₹2,000 Cr equity raise. 8 May - Q4FY26 PAT rose 238% to ₹282 Cr; board approved up to ₹2,000 Cr equity raise.
4
Announcement under Regulation 30 (LODR)-Raising of Funds
8 May - Board approved equity fundraise up to ₹2,000 crore on May 8, 2026. 8 May - Board approved equity fundraise up to ₹2,000 crore on May 8, 2026.
5
Enhancement / Revision In The ESOP Scheme Of The Bank
8 May - Board approved ESOP pool increase to 20.4 crore and new 2 crore RSU scheme, subject to shareholder approval. 8 May - Board approved ESOP pool increase to 20.4 crore and new 2 crore RSU scheme, subject to shareholder approval.
Frequently Asked Questions about Ujjivan Small Finance Bank Ltd
What does Ujjivan Small Finance Bank Ltd do?
Ujjivan Small Finance Bank Limited is a mass market focused bank in India, catering to financially unserved and underserved segments and committed to building financial inclusion in the country. It started its operations as Ujjivan Financial Services Limited, a Non-Banking Financial Company in 20...
Where is Ujjivan Small Finance Bank Ltd (UJJIVANSFB) listed?
Ujjivan Small Finance Bank Ltd is listed on the Indian stock exchanges. It is listed on NSE: UJJIVANSFB and BSE: 542904. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Ujjivan Small Finance Bank Ltd belong to?
Ujjivan Small Finance Bank Ltd operates in the Financial Services sector within the Banks industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Ujjivan Small Finance Bank Ltd?
Ujjivan Small Finance Bank Ltd has a market capitalisation of approximately ₹13879.40 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Ujjivan Small Finance Bank Ltd?
The Price-to-Earnings (PE) ratio of Ujjivan Small Finance Bank Ltd is 15.25. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Ujjivan Small Finance Bank Ltd?
Over the past 52 weeks, Ujjivan Small Finance Bank Ltd has traded between a low of ₹41.95 and a high of ₹73.94. This range helps investors understand the stock's price volatility and recent trading levels.
Does Ujjivan Small Finance Bank Ltd pay dividends?
Yes, Ujjivan Small Finance Bank Ltd has a dividend yield of 2.08%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Ujjivan Small Finance Bank Ltd?
Ujjivan Small Finance Bank Ltd has a Return on Equity (ROE) of 10.16%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Ujjivan Small Finance Bank Ltd on Tapetide?
On Tapetide, you can view Ujjivan Small Finance Bank Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Ujjivan Small Finance Bank Limited is a mass market focused bank in India, catering to financially unserved and underserved segments and committed to building financial inclusion in the country. It started its operations as Ujjivan Financial Services Limited, a Non-Banking Financial Company in 2005 with the mission to provide financial services to the ‘economically active poor’ who were not adequately served by financial institutions. [1]
Website ujjivansfb.in
CEO Mr. Sanjeev Nautiyal
Employees 24,374
Listed 2019-12-12
Face Value ₹ 10
Issued Size 1,93,84,63,117