Ujjivan Small Finance Bank Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Retail Banking: 85.5% • Treasury: 11.6% • Corporate/Wholesale Banking: 2.8%
AI Sector View
AI GENERATEDFinancial Services
Financials remain one of the clearest macro beneficiaries. Loan growth was 18.3% (Aug/26) versus deposit growth 14.7% (Aug/26), SCB credit growth was 17.5% YoY (2026-07), UPI transactions rose 22.0% YoY (2026-07), and M3 money supply grew 15.0% YoY (2026-07). Sector flows have also turned meaningfully supportive, with INR 13171 crore net FPI inflow over 3 months to 2026-08-31 after INR -114652 crore in the prior 3 months.
PROS
- Company has delivered good profit growth of 142.3% CAGR over last 5 years
- Comfortable capital adequacy - CAR of 21.1%
- Strong return ratios for a lender: 3Y avg ROE 19.0%, ROA 2.1%
- Solid return on assets for a lender - ROA of 1.3%
- Latest quarter profit grew 206.7% YoY, showing strong momentum
- Strong provisioning - provision coverage ratio of 85.0%
CONS
- A large part of profit comes from other income (121.6% of PBT)
- Operating margins have contracted to 24.7% from 35.7%
- Valuation is stretched - P/E of 14.3 is well above its own 5-year median (9.2)
- Growth is decelerating - 3Y profit CAGR (-14.3%) trails the 5Y trend (142.3%)
- Though reporting repeated profits, the company pays out little dividend (0.0%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HDFCBANK | 694.00 | 13.54 | 1069744.03 | 2.23 | 203826.90 | 1092.64 | 905753.30 | 936.66 | 12.81 | 35.64 |
| ICICIBANK | 1384.00 | 17.71 | 993414.93 | 0.87 | 16209.74 | 12.62 | 52240.85 | 6.44 | 16.51 | 32.39 |
| KOTAKBANK | 416.95 | 20.44 | 414767.52 | 0.16 | 5487.06 | 23.89 | 18354.57 | 6.41 | 12.05 | 19.05 |
| AXISBANK | 1260.00 | 14.12 | 392291.69 | 0.08 | 7656.51 | 22.31 | 35541.96 | 9.87 | 11.04 | 63.88 |
| IDBI | 81.60 | 9.42 | 87739.60 | 0.00 | 2130.57 | 5.27 | 7549.28 | 7.44 | 14.76 | 76.80 |
| FEDERALBNK | 347.00 | 18.32 | 85792.15 | 0.35 | 1297.61 | 37.06 | 7861.58 | 9.94 | 10.98 | 66.11 |
| AUBANK | 1065.00 | 43.86 | 79980.41 | 0.09 | 795.95 | 37.03 | 5302.74 | 21.11 | 14.17 | 56.24 |
| INDUSINDBK | 995.00 | 58.63 | 77524.48 | 0.15 | 1037.02 | 71.68 | 11309.94 | -7.78 | 4.97 | 55.07 |
| IDFCFIRSTB | 86.70 | 32.43 | 74750.22 | 0.29 | 1147.82 | 153.12 | 11051.09 | 14.61 | 5.42 | 38.45 |
| YESBANK | 22.24 | 18.49 | 69807.90 | 0.00 | 1071.81 | 32.53 | 8054.49 | 5.92 | 8.04 | 58.47 |
| RBLBANK | 409.40 | 70.62 | 63495.46 | 0.24 | 2342.30 | 993.41 | 38402.40 | 1015.97 | 6.49 | 40.95 |
| UJJIVANSFB | 66.49 | 14.32 | 12972.57 | 0.00 | 3165.40 | 2966.65 | 20249.20 | 1150.85 | 11.51 | 49.50 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | |
| Interest Expended | 494 | 568 | 611 | 595 | 636 | 669 | 704 | 709 | 763 | 761 | 751 | 785 | 838 |
| Net Interest Income | 793 | 823 | 860 | 934 | 941 | 944 | 887 | 864 | 856 | 922 | 1,000 | 1,093 | 1,187 |
| 177 | 189 | 185 | 236 | 197 | 207 | 172 | 270 | 249 | 256 | 295 | 307 | 256 | |
| Total Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,185 | 2,281 |
| Operating Expenses | 512 | 529 | 587 | 651 | 629 | 690 | 700 | 774 | 744 | 783 | 856 | 885 | 895 |
| Operating Profit | 458 | 483 | 457 | 519 | 510 | 461 | 359 | 360 | 360 | 395 | 440 | 515 | 548 |
| Provisions & Contingencies | 26 | 47 | 63 | 79 | 110 | 151 | 223 | 264 | 225 | 235 | 195 | 144 | 127 |
| Profit before Tax | 432 | 436 | 394 | 440 | 400 | 310 | 136 | 95 | 136 | 160 | 244 | 371 | 421 |
| Tax % | 24.95% | 24.91% | 23.92% | 25.01% | 24.67% | 24.90% | 20.35% | 12.46% | 23.85% | 24.06% | 24.03% | 23.95% | 24.77% |
| Net Profit | 324 | 328 | 300 | 330 | 301 | 233 | 109 | 83 | 103 | 122 | 186 | 282 | 317 |
| EPS | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 0 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,677 | 6,354 | 6,931 | — | |
| Interest Expended | 109 | 609 | 725 | 1,070 | 1,078 | 1,039 | 1,467 | 2,268 | 2,718 | 3,060 | 3,135 |
| Net Interest Income | -109 | -609 | -725 | -1,070 | -1,078 | -1,039 | -1,467 | 3,409 | 3,636 | 3,871 | — |
| 9 | 113 | 206 | 322 | 302 | 360 | 589 | 787 | 846 | 1,108 | 1,115 | |
| Total Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,464 | 7,201 | 8,039 | 4,466 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,279 | 2,793 | 3,268 | — | |
| Operating Profit | -109 | -609 | -725 | -1,070 | -1,078 | -1,039 | -1,467 | 1,917 | 1,689 | 1,710 | — |
| 0 | 0 | 0 | 0 | 0 | 0 | 18 | 215 | 748 | 799 | — | |
| Profit before Tax | 1 | 9 | 268 | 466 | 10 | -550 | 1,467 | 1,702 | 942 | 911 | 1,196 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -0.00% | 0.00% | 24.71% | 22.88% | 23.97% | 24.27% |
| Net Profit | 0 | 7 | 199 | 350 | 8 | -415 | 1,100 | 1,281 | 726 | 693 | 906 |
| EPS | 0 | 0 | 0 | 0 | 0 | -2 | 6 | 25 | 4 | 4 | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 20%
- 3 Years:
- 19%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 142%
- 3 Years:
- -14%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 26%
- 3 Years:
- 11%
- 1 Year:
- 39%
RETURN ON EQUITY
- 10 Years:
- 10%
- 5 Years:
- 15%
- 3 Years:
- 19%
- Last Year:
- 11%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - |
| 1,440 | 1,440 | 1,728 | 1,728 | 1,728 | 1,955 | 519 | 1,935 | 1,943 | |
| 7 | 180 | 1,238 | 1,247 | 832 | 2,003 | 3,610 | 4,059 | 4,772 | |
| 3,772 | 7,379 | 10,780 | 13,136 | 18,292 | 25,538 | 31,462 | 37,630 | 45,668 | |
| 3,853 | 4,166 | 3,953 | 3,247 | 1,764 | 2,641 | 2,171 | 2,845 | 3,736 | |
| Other Liabilities & Provisions | 201 | 377 | 490 | 779 | 754 | 929 | 1,176 | 1,130 | 1,321 |
| Total Liabilities | 9,473 | 13,742 | 18,411 | 20,380 | 23,612 | 33,317 | 4 | 5 | 6 |
| ASSETS | - | - | - | - | - | - | - | - | - |
| 198 | 446 | 1,225 | 1,712 | 1,690 | 2,305 | 2,518 | 3,133 | 3,110 | |
| Balances with Banks & Money at Call | 297 | 648 | 118 | 866 | 486 | 178 | 18 | 36 | 334 |
| 1,232 | 1,527 | 2,396 | 2,516 | 4,153 | 8,510 | 9,766 | 11,730 | 12,724 | |
| 7,335 | 10,552 | 14,044 | 14,494 | 16,303 | 21,290 | 26,883 | 31,390 | 39,761 | |
| 194 | 282 | 280 | 276 | 244 | 265 | 395 | 444 | 457 | |
| 212 | 284 | 328 | 512 | 731 | 750 | 810 | 942 | 1,120 | |
| Total Assets | 9,473 | 13,742 | 18,411 | 20,380 | 23,612 | 33,317 | 4 | 5 | 6 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -7,084 | 2,326 | 478 | 242 | 2,657 | 2,554 | 1,060 | 1,593 | 2,028 | 1,843 | |
| Cash from Investing | -161 | -101 | -148 | -757 | -1,356 | -841 | -2,096 | -865 | -1,793 | -2,481 |
| Cash from Financing | 7,931 | -2,439 | 287 | 776 | -706 | -1,484 | 1,186 | -519 | 398 | 911 |
| 687 | -213 | 617 | 261 | 595 | 230 | 151 | 210 | 633 | 274 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | ||||||||||
| EPS (₹) | 0.00 | 0.05 | 1.20 | 1.95 | 0.05 | -2.40 | 5.51 | 24.70 | 3.75 | 3.57 |
| Book Value (₹) | 10.00 | 10.05 | 11.25 | 17.16 | 17.21 | 14.81 | 20.25 | 79.59 | 30.98 | 34.57 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.25 | 1.50 | 0.00 | 0.00 |
| PROFITABILITY | ||||||||||
| Net Interest Margin % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 8.70% | 7.86% | 6.92% |
| ROA % | 0.00% | 0.14% | 1.72% | 2.18% | 0.04% | -1.88% | 3.86% | 3.48% | 1.65% | 1.32% |
| ROE % | 0.00% | 0.48% | 12.99% | 15.26% | 0.28% | -14.98% | 33.75% | 31.70% | 14.35% | 10.90% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 54.31% | 62.31% | 65.65% | |
| ASSET QUALITY | ||||||||||
| Gross NPA % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.26% |
| Net NPA % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.43% |
| Provision Coverage % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 83.66% |
| Slippage Ratio % | — | — | — | — | — | — | — | — | — | — |
| BALANCE SHEET & LIQUIDITY | ||||||||||
| CASA % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 26.70% | 25.56% | 28.60% |
| Credit-Deposit Ratio % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.08% | 0.08% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| GROWTH & VALUATION | ||||||||||
| Net Profit Growth % | 0.00% | 0.00% | 2802.94% | 75.65% | -97.63% | -5096.93% | 365.30% | 16.51% | -43.34% | -4.61% |
| Book Value Growth % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 293.07% | -61.08% | 11.59% |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.79x | 9.17x | 14.17x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.56x | 1.11x | 1.46x |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.39% | 0.00% | 0.00% |
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-11 - Ujjivan Small Finance Bank Limited has informed the Exchange about Schedule of meet
2026-09-08 - Ujjivan Small Finance Bank Limited has informed the Exchange about Schedule of investor meetings
2026-09-06 - Ujjivan Small Finance Bank Limited has informed the Exchange regarding allotment of 2515773 securities pursuant to ESOP/ESPS
2026-09-04 - Ujjivan Small Finance Bank Limited has informed the Exchange about Schedule of meet
2026-09-03 - Ujjivan Small Finance Bank Limited has informed the Exchange about Transcript
2026-09-02 - Ujjivan Small Finance Bank Limited has informed the Exchange about ESG Rating received from NSE Sustainability Ratings and Analytics Limited
2026-09-01 - Ujjivan Small Finance Bank Limited has informed the Exchange about RBI Approval for appointment of Interim CEO
2026-09-01 - Ujjivan Small Finance Bank Limited has informed the Exchange about Link of Recording
2026-09-01 - Ujjivan Small Finance Bank Limited has informed the Exchange about Schedule of Call
News
Recent coverage and analyst commentary for UJJIVANSFB
Loading news…
AI Stock Analyst
Ujjivan Small Finance Bank Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account