Ujjivan Small Finance Bank Ltd.

•

₹ 72.070.19%

2026-08-21

ujjivansfb.bank.inBSE: 542904NSE: UJJIVANSFB

Market Cap₹ 13,991 Cr.

Current Price₹ 72

High / Low₹ 73 / 42

Stock P/E0.0

Book Value₹ 36

Price to Book1.46

Dividend Yield0.00 %

ROCE11.5 %

ROE10.9 %

Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Retail Banking: 85.5% • Treasury: 11.6% • Corporate/Wholesale Banking: 2.8%

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 14.2 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

EDIT COLUMNS

Financial ServicesBankBank - Private

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	HDFCBANK	720.15	14.05	1109831.87	2.15	203826.90	1092.64	905753.30	936.66	12.81	35.64
2.	ICICIBANK	1401.80	17.94	1006008.51	0.86	16209.74	12.62	52240.85	6.44	16.51	32.39
3.	KOTAKBANK	392.05	19.21	389986.67	0.17	5487.06	23.89	18354.57	6.41	12.05	19.05
4.	AXISBANK	1232.35	13.81	383618.90	0.08	7656.51	22.31	35541.96	9.87	11.04	63.88
5.	FEDERALBNK	359.45	18.97	88849.29	0.33	1297.61	37.06	7861.58	9.94	10.98	66.11
6.	IDBI	80.72	9.31	86793.39	0.00	2130.57	5.27	7549.28	7.44	14.76	76.80
7.	AUBANK	1071.30	44.12	80340.09	0.09	795.95	37.03	5302.74	21.11	14.17	56.24
8.	INDUSINDBK	1011.95	59.63	78845.13	0.15	1037.02	71.68	11309.94	-7.78	4.97	55.07
9.	IDFCFIRSTB	85.20	31.87	73452.79	0.29	1147.82	153.12	11051.09	14.61	5.42	38.45
10.	YESBANK	22.71	18.88	71281.66	0.00	1071.81	32.53	8054.49	5.92	8.04	58.47
11.	RBLBANK	381.00	65.69	59059.12	0.26	2342.30	993.41	38402.40	1015.97	6.49	40.95
12.	UJJIVANSFB	71.80	0.00	13990.52	0.00	3165.40	2966.65	20249.20	1150.85	11.51	49.50

Detailed Comparison with:

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
Gross NPA %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.26%	2.16%
Net NPA %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.43%	0.34%
Provision Coverage %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	83.66%	85.00%
NIM %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	8.50%	8.50%
CASA %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	28.60%	26.90%
Capital Adequacy %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	21.14%	20.36%
Return on Assets %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.51%	0.53%
Branches / ATMs / Employees	—	—	—	—	—	—	—	—	—	—	—	—	—
Gross NPA %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.26%	2.16%
Net NPA %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.43%	0.34%
Provision Coverage %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	83.66%	85.00%
NIM %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	8.50%	8.50%
CASA %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	28.60%	26.90%
Capital Adequacy %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	21.14%	20.36%
Return on Assets %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.51%	0.53%
Branches / ATMs / Employees	—	—	—	—	—	—	—	—	—	—	—	—	—

Jun 2023

: 1,287
Interest Expended: 494
Net Interest Income: 793
: 177
Total Income: 0
Operating Expenses: 512
Operating Profit: 458
Provisions & Contingencies: 26
Profit before Tax: 432
Tax %: 24.95%
Net Profit: 324
EPS: 2
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Sep 2023

: 1,391
Interest Expended: 568
Net Interest Income: 823
: 189
Total Income: 0
Operating Expenses: 529
Operating Profit: 483
Provisions & Contingencies: 47
Profit before Tax: 436
Tax %: 24.91%
Net Profit: 328
EPS: 2
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Dec 2023

: 1,471
Interest Expended: 611
Net Interest Income: 860
: 185
Total Income: 0
Operating Expenses: 587
Operating Profit: 457
Provisions & Contingencies: 63
Profit before Tax: 394
Tax %: 23.92%
Net Profit: 300
EPS: 2
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Mar 2024

: 1,529
Interest Expended: 595
Net Interest Income: 934
: 236
Total Income: 0
Operating Expenses: 651
Operating Profit: 519
Provisions & Contingencies: 79
Profit before Tax: 440
Tax %: 25.01%
Net Profit: 330
EPS: 2
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Jun 2024

: 1,577
Interest Expended: 636
Net Interest Income: 941
: 197
Total Income: 0
Operating Expenses: 629
Operating Profit: 510
Provisions & Contingencies: 110
Profit before Tax: 400
Tax %: 24.67%
Net Profit: 301
EPS: 2
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Sep 2024

: 1,613
Interest Expended: 669
Net Interest Income: 944
: 207
Total Income: 0
Operating Expenses: 690
Operating Profit: 461
Provisions & Contingencies: 151
Profit before Tax: 310
Tax %: 24.90%
Net Profit: 233
EPS: 1
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Dec 2024

: 1,591
Interest Expended: 704
Net Interest Income: 887
: 172
Total Income: 0
Operating Expenses: 700
Operating Profit: 359
Provisions & Contingencies: 223
Profit before Tax: 136
Tax %: 20.35%
Net Profit: 109
EPS: 1
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Mar 2025

: 1,573
Interest Expended: 709
Net Interest Income: 864
: 270
Total Income: 0
Operating Expenses: 774
Operating Profit: 360
Provisions & Contingencies: 264
Profit before Tax: 95
Tax %: 12.46%
Net Profit: 83
EPS: 0
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Jun 2025

: 1,619
Interest Expended: 763
Net Interest Income: 856
: 249
Total Income: 0
Operating Expenses: 744
Operating Profit: 360
Provisions & Contingencies: 225
Profit before Tax: 136
Tax %: 23.85%
Net Profit: 103
EPS: 1
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Sep 2025

: 1,682
Interest Expended: 761
Net Interest Income: 922
: 256
Total Income: 0
Operating Expenses: 783
Operating Profit: 395
Provisions & Contingencies: 235
Profit before Tax: 160
Tax %: 24.06%
Net Profit: 122
EPS: 1
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Dec 2025

: 1,752
Interest Expended: 751
Net Interest Income: 1,000
: 295
Total Income: 0
Operating Expenses: 856
Operating Profit: 440
Provisions & Contingencies: 195
Profit before Tax: 244
Tax %: 24.03%
Net Profit: 186
EPS: 1
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
NIM %: 0.00%
CASA %: 0.00%
Capital Adequacy %: 0.00%
Return on Assets %: 0.00%
Branches / ATMs / Employees: —

Mar 2026

: 1,878
Interest Expended: 785
Net Interest Income: 1,093
: 307
Total Income: 2,185
Operating Expenses: 885
Operating Profit: 515
Provisions & Contingencies: 144
Profit before Tax: 371
Tax %: 23.95%
Net Profit: 282
EPS: 1
Gross NPA %: 2.26%
Net NPA %: 0.43%
Provision Coverage %: 83.66%
NIM %: 8.50%
CASA %: 28.60%
Capital Adequacy %: 21.14%
Return on Assets %: 0.51%
Branches / ATMs / Employees: —
Gross NPA %: 2.26%
Net NPA %: 0.43%
Provision Coverage %: 83.66%
NIM %: 8.50%
CASA %: 28.60%
Capital Adequacy %: 21.14%
Return on Assets %: 0.51%
Branches / ATMs / Employees: —

Jun 2026

: 2,025
Interest Expended: 838
Net Interest Income: 1,187
: 256
Total Income: 2,281
Operating Expenses: 895
Operating Profit: 548
Provisions & Contingencies: 127
Profit before Tax: 421
Tax %: 24.77%
Net Profit: 317
EPS: 0
Gross NPA %: 2.16%
Net NPA %: 0.34%
Provision Coverage %: 85.00%
NIM %: 8.50%
CASA %: 26.90%
Capital Adequacy %: 20.36%
Return on Assets %: 0.53%
Branches / ATMs / Employees: —
Gross NPA %: 2.16%
Net NPA %: 0.34%
Provision Coverage %: 85.00%
NIM %: 8.50%
CASA %: 26.90%
Capital Adequacy %: 20.36%
Return on Assets %: 0.53%
Branches / ATMs / Employees: —

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	0	0	0	0	0	0	25	23	24	24
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	—
NIM %	—	—	—	—	—	—	—	—	—	—	—
Cost-to-Income %	—	—	—	—	—	—	—	—	—	—	—
Credit Cost %	—	—	—	—	—	—	—	—	—	—	—
NIM %	—	—	—	—	—	—	—	—	—	—	—
Cost-to-Income %	—	—	—	—	—	—	—	—	—	—	—
Credit Cost %	—	—	—	—	—	—	—	—	—	—	—

Mar 2017

: 0
Interest Expended: 109
Net Interest Income: -109
: 9
Total Income: 0
: 0
Operating Profit: -109
: 0
Profit before Tax: 1
Tax %: 0
Net Profit: 0
EPS: 0
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2018

: 0
Interest Expended: 609
Net Interest Income: -609
: 113
Total Income: 0
: 0
Operating Profit: -609
: 0
Profit before Tax: 9
Tax %: 0
Net Profit: 7
EPS: 0
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2019

: 0
Interest Expended: 725
Net Interest Income: -725
: 206
Total Income: 0
: 0
Operating Profit: -725
: 0
Profit before Tax: 268
Tax %: 0
Net Profit: 199
EPS: 0
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2020

: 0
Interest Expended: 1,070
Net Interest Income: -1,070
: 322
Total Income: 0
: 0
Operating Profit: -1,070
: 0
Profit before Tax: 466
Tax %: 0
Net Profit: 350
EPS: 0
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2021

: 0
Interest Expended: 1,078
Net Interest Income: -1,078
: 302
Total Income: 0
: 0
Operating Profit: -1,078
: 0
Profit before Tax: 10
Tax %: 0
Net Profit: 8
EPS: 0
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2022

: 0
Interest Expended: 1,039
Net Interest Income: -1,039
: 360
Total Income: 0
: 0
Operating Profit: -1,039
: 0
Profit before Tax: -550
Tax %: 0
Net Profit: -415
EPS: -2
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2023

: 0
Interest Expended: 1,467
Net Interest Income: -1,467
: 589
Total Income: 0
: 0
Operating Profit: -1,467
: 18
Profit before Tax: 1,467
Tax %: 0
Net Profit: 1,100
EPS: 6
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2024

: 5,677
Interest Expended: 2,268
Net Interest Income: 3,409
: 787
Total Income: 6,464
: 2,279
Operating Profit: 1,917
: 215
Profit before Tax: 1,702
Tax %: 25
Net Profit: 1,281
EPS: 25
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2025

: 6,354
Interest Expended: 2,718
Net Interest Income: 3,636
: 846
Total Income: 7,201
: 2,793
Operating Profit: 1,689
: 748
Profit before Tax: 942
Tax %: 23
Net Profit: 726
EPS: 4
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

Mar 2026

: 6,931
Interest Expended: 3,060
Net Interest Income: 3,871
: 1,108
Total Income: 8,039
: 3,268
Operating Profit: 1,710
: 799
Profit before Tax: 911
Tax %: 24
Net Profit: 693
EPS: 4
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

TTM

: —
Interest Expended: 3,135
Net Interest Income: —
: 1,115
Total Income: 4,466
: —
Operating Profit: —
: —
Profit before Tax: 1,196
Tax %: 24
Net Profit: 906
EPS: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —
NIM %: —
Cost-to-Income %: —
Credit Cost %: —

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:: 30%
3 Years:: 13%
1 Year:: 65%

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
CASA Deposits	128	704	1,231	2,257	4,488	6,159	7,566	8,494	11,639
CASA Ratio (%)	3.40	9.53	11.42	17.18	24.54	24.12	24.05	22.57	25.49
Credit-Deposit Ratio (%)	194.45	143.00	130.27	110.34	89.13	83.37	85.45	83.42	87.06
Contingent Liabilities	20	31	21	41	137	95	145	73	1,486
Bills for Collection	0	0	0	0	0	0	0	0	0
Book Value per Share	10.05	11.25	17.16	17.21	14.81	20.25	79.59	30.98	34.57
CASA Deposits	128	704	1,231	2,257	4,488	6,159	7,566	8,494	11,639
CASA Ratio (%)	3.40	9.53	11.42	17.18	24.54	24.12	24.05	22.57	25.49
Credit-Deposit Ratio (%)	194.45	143.00	130.27	110.34	89.13	83.37	85.45	83.42	87.06
Contingent Liabilities	20	31	21	41	137	95	145	73	1,486
Bills for Collection	0	0	0	0	0	0	0	0	0
Book Value per Share	10.05	11.25	17.16	17.21	14.81	20.25	79.59	30.98	34.57

Mar 2018

: 1,440
: 7
: 3,772
: 3,853
Other Liabilities & Provisions: 201
Total Liabilities: 9,473
: 198
Balances with Banks & Money at Call: 297
: 1,232
: 7,335
: 194
: 212
Total Assets: 9,473
CASA Deposits: 128
CASA Ratio (%): 3.40
Credit-Deposit Ratio (%): 194.45
Contingent Liabilities: 20
Bills for Collection: 0
Book Value per Share: 10.05
CASA Deposits: 128
CASA Ratio (%): 3.40
Credit-Deposit Ratio (%): 194.45
Contingent Liabilities: 20
Bills for Collection: 0
Book Value per Share: 10.05

Mar 2019

: 1,440
: 180
: 7,379
: 4,166
Other Liabilities & Provisions: 377
Total Liabilities: 13,742
: 446
Balances with Banks & Money at Call: 648
: 1,527
: 10,552
: 282
: 284
Total Assets: 13,742
CASA Deposits: 704
CASA Ratio (%): 9.53
Credit-Deposit Ratio (%): 143.00
Contingent Liabilities: 31
Bills for Collection: 0
Book Value per Share: 11.25
CASA Deposits: 704
CASA Ratio (%): 9.53
Credit-Deposit Ratio (%): 143.00
Contingent Liabilities: 31
Bills for Collection: 0
Book Value per Share: 11.25

Mar 2020

: 1,728
: 1,238
: 10,780
: 3,953
Other Liabilities & Provisions: 490
Total Liabilities: 18,411
: 1,225
Balances with Banks & Money at Call: 118
: 2,396
: 14,044
: 280
: 328
Total Assets: 18,411
CASA Deposits: 1,231
CASA Ratio (%): 11.42
Credit-Deposit Ratio (%): 130.27
Contingent Liabilities: 21
Bills for Collection: 0
Book Value per Share: 17.16
CASA Deposits: 1,231
CASA Ratio (%): 11.42
Credit-Deposit Ratio (%): 130.27
Contingent Liabilities: 21
Bills for Collection: 0
Book Value per Share: 17.16

Mar 2021

: 1,728
: 1,247
: 13,136
: 3,247
Other Liabilities & Provisions: 779
Total Liabilities: 20,380
: 1,712
Balances with Banks & Money at Call: 866
: 2,516
: 14,494
: 276
: 512
Total Assets: 20,380
CASA Deposits: 2,257
CASA Ratio (%): 17.18
Credit-Deposit Ratio (%): 110.34
Contingent Liabilities: 41
Bills for Collection: 0
Book Value per Share: 17.21
CASA Deposits: 2,257
CASA Ratio (%): 17.18
Credit-Deposit Ratio (%): 110.34
Contingent Liabilities: 41
Bills for Collection: 0
Book Value per Share: 17.21

Mar 2022

: 1,728
: 832
: 18,292
: 1,764
Other Liabilities & Provisions: 754
Total Liabilities: 23,612
: 1,690
Balances with Banks & Money at Call: 486
: 4,153
: 16,303
: 244
: 731
Total Assets: 23,612
CASA Deposits: 4,488
CASA Ratio (%): 24.54
Credit-Deposit Ratio (%): 89.13
Contingent Liabilities: 137
Bills for Collection: 0
Book Value per Share: 14.81
CASA Deposits: 4,488
CASA Ratio (%): 24.54
Credit-Deposit Ratio (%): 89.13
Contingent Liabilities: 137
Bills for Collection: 0
Book Value per Share: 14.81

Mar 2023

: 1,955
: 2,003
: 25,538
: 2,641
Other Liabilities & Provisions: 929
Total Liabilities: 33,317
: 2,305
Balances with Banks & Money at Call: 178
: 8,510
: 21,290
: 265
: 750
Total Assets: 33,317
CASA Deposits: 6,159
CASA Ratio (%): 24.12
Credit-Deposit Ratio (%): 83.37
Contingent Liabilities: 95
Bills for Collection: 0
Book Value per Share: 20.25
CASA Deposits: 6,159
CASA Ratio (%): 24.12
Credit-Deposit Ratio (%): 83.37
Contingent Liabilities: 95
Bills for Collection: 0
Book Value per Share: 20.25

Mar 2024

: 519
: 3,610
: 31,462
: 2,171
Other Liabilities & Provisions: 1,176
Total Liabilities: 4
: 2,518
Balances with Banks & Money at Call: 18
: 9,766
: 26,883
: 395
: 810
Total Assets: 4
CASA Deposits: 7,566
CASA Ratio (%): 24.05
Credit-Deposit Ratio (%): 85.45
Contingent Liabilities: 145
Bills for Collection: 0
Book Value per Share: 79.59
CASA Deposits: 7,566
CASA Ratio (%): 24.05
Credit-Deposit Ratio (%): 85.45
Contingent Liabilities: 145
Bills for Collection: 0
Book Value per Share: 79.59

Mar 2025

: 1,935
: 4,059
: 37,630
: 2,845
Other Liabilities & Provisions: 1,130
Total Liabilities: 5
: 3,133
Balances with Banks & Money at Call: 36
: 11,730
: 31,390
: 444
: 942
Total Assets: 5
CASA Deposits: 8,494
CASA Ratio (%): 22.57
Credit-Deposit Ratio (%): 83.42
Contingent Liabilities: 73
Bills for Collection: 0
Book Value per Share: 30.98
CASA Deposits: 8,494
CASA Ratio (%): 22.57
Credit-Deposit Ratio (%): 83.42
Contingent Liabilities: 73
Bills for Collection: 0
Book Value per Share: 30.98

Mar 2026

: 1,943
: 4,772
: 45,668
: 3,736
Other Liabilities & Provisions: 1,321
Total Liabilities: 6
: 3,110
Balances with Banks & Money at Call: 334
: 12,724
: 39,761
: 457
: 1,120
Total Assets: 6
CASA Deposits: 11,639
CASA Ratio (%): 25.49
Credit-Deposit Ratio (%): 87.06
Contingent Liabilities: 1,486
Bills for Collection: 0
Book Value per Share: 34.57
CASA Deposits: 11,639
CASA Ratio (%): 25.49
Credit-Deposit Ratio (%): 87.06
Contingent Liabilities: 1,486
Bills for Collection: 0
Book Value per Share: 34.57

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

Mar 2017

: -7,084
Cash from Investing: -161
Cash from Financing: 7,931
: 687

Mar 2018

: 2,326
Cash from Investing: -101
Cash from Financing: -2,439
: -213

Mar 2019

: 478
Cash from Investing: -148
Cash from Financing: 287
: 617

Mar 2020

: 242
Cash from Investing: -757
Cash from Financing: 776
: 261

Mar 2021

: 2,657
Cash from Investing: -1,356
Cash from Financing: -706
: 595

Mar 2022

: 2,554
Cash from Investing: -841
Cash from Financing: -1,484
: 230

Mar 2023

: 1,060
Cash from Investing: -2,096
Cash from Financing: 1,186
: 151

Mar 2024

: 1,593
Cash from Investing: -865
Cash from Financing: -519
: 210

Mar 2025

: 2,028
Cash from Investing: -1,793
Cash from Financing: 398
: 633

Mar 2026

: 1,843
Cash from Investing: -2,481
Cash from Financing: 911
: 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%

Mar 2017

EPS (₹): 0.00
Book Value (₹): 10.00
Dividend per Share (₹): 0.00
Net Interest Margin %: 0.00%
ROA %: 0.00%
ROE %: 0.00%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: 0.00%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2018

EPS (₹): 0.05
Book Value (₹): 10.05
Dividend per Share (₹): 0.00
Net Interest Margin %: 0.00%
ROA %: 0.14%
ROE %: 0.48%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: 0.00%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2019

EPS (₹): 1.20
Book Value (₹): 11.25
Dividend per Share (₹): 0.00
Net Interest Margin %: 0.00%
ROA %: 1.72%
ROE %: 12.99%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: 2802.94%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2020

EPS (₹): 1.95
Book Value (₹): 17.16
Dividend per Share (₹): 0.00
Net Interest Margin %: 0.00%
ROA %: 2.18%
ROE %: 15.26%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: 75.65%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2021

EPS (₹): 0.05
Book Value (₹): 17.21
Dividend per Share (₹): 0.00
Net Interest Margin %: 0.00%
ROA %: 0.04%
ROE %: 0.28%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: -97.63%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2022

EPS (₹): -2.40
Book Value (₹): 14.81
Dividend per Share (₹): 0.00
Net Interest Margin %: 0.00%
ROA %: -1.88%
ROE %: -14.98%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: -5096.93%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2023

EPS (₹): 5.51
Book Value (₹): 20.25
Dividend per Share (₹): 1.25
Net Interest Margin %: 0.00%
ROA %: 3.86%
ROE %: 33.75%
: 0.00%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 0.00%
Credit-Deposit Ratio %: 0.00%
: 0.00%
Net Profit Growth %: 365.30%
Book Value Growth %: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
: 0.00%

Mar 2024

EPS (₹): 24.70
Book Value (₹): 79.59
Dividend per Share (₹): 1.50
Net Interest Margin %: 8.70%
ROA %: 3.48%
ROE %: 31.70%
: 54.31%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 26.70%
Credit-Deposit Ratio %: 0.07%
: 0.00%
Net Profit Growth %: 16.51%
Book Value Growth %: 293.07%
P/E (x): 1.79x
P/B (x): 0.56x
: 3.39%

Mar 2025

EPS (₹): 3.75
Book Value (₹): 30.98
Dividend per Share (₹): 0.00
Net Interest Margin %: 7.86%
ROA %: 1.65%
ROE %: 14.35%
: 62.31%
Gross NPA %: 0.00%
Net NPA %: 0.00%
Provision Coverage %: 0.00%
Slippage Ratio %: —
CASA %: 25.56%
Credit-Deposit Ratio %: 0.08%
: 0.00%
Net Profit Growth %: -43.34%
Book Value Growth %: -61.08%
P/E (x): 9.17x
P/B (x): 1.11x
: 0.00%

Mar 2026

EPS (₹): 3.57
Book Value (₹): 34.57
Dividend per Share (₹): 0.00
Net Interest Margin %: 6.92%
ROA %: 1.32%
ROE %: 10.90%
: 65.65%
Gross NPA %: 2.26%
Net NPA %: 0.43%
Provision Coverage %: 83.66%
Slippage Ratio %: —
CASA %: 28.60%
Credit-Deposit Ratio %: 0.08%
: 0.00%
Net Profit Growth %: -4.61%
Book Value Growth %: 11.59%
P/E (x): 14.17x
P/B (x): 1.46x
: 0.00%

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	24.68	20.62	17.87	19.51	19.55	17.05	15.45	17.23	16.81
	7.33	6.50	6.58	8.47	16.82	20.13	28.67	31.12	33.45
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	67.99	72.87	75.55	72.02	63.62	62.82	55.87	51.64	49.74

Jun 2024

Promoters: 0.00
: 24.68
: 7.33
Government: 0.00
: 67.99

Sep 2024

Promoters: 0.00
: 20.62
: 6.50
Government: 0.00
: 72.87

Dec 2024

Promoters: 0.00
: 17.87
: 6.58
Government: 0.00
: 75.55

Mar 2025

Promoters: 0.00
: 19.51
: 8.47
Government: 0.00
: 72.02

Jun 2025

Promoters: 0.00
: 19.55
: 16.82
Government: 0.00
: 63.62

Sep 2025

Promoters: 0.00
: 17.05
: 20.13
Government: 0.00
: 62.82

Dec 2025

Promoters: 0.00
: 15.45
: 28.67
Government: 0.00
: 55.87

Mar 2026

Promoters: 0.00
: 17.23
: 31.12
Government: 0.00
: 51.64

Jun 2026

Promoters: 0.00
: 16.81
: 33.45
Government: 0.00
: 49.74

Documents

Announcements

Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-17 - Ujjivan Small Finance Bank Limited has informed the Exchange about Schedule of Investor Meetings
ESOP/ESOS/ESPS
2026-08-17 - Ujjivan Small Finance Bank Limited has informed the Exchange regarding Grant of 452500 Options.

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls

Jul 2026
Transcript PPTREC
May 2026
Transcript PPTREC
Jan 2026
Transcript PPTREC