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Earnings Call

Utkarsh Small Finance Bank Earnings Call: Key Takeaways

Utkarsh SFB Q4 FY26 results show a net loss of ₹188cr vs ₹3cr profit YoY, impacted by MFI segment disruptions. Strategy shifts toward increasing secured loans (51%) and retail deposits.

Why this was an Alfa AlertNot a filter event. The company reported significant losses and a decline in loan portfolio, missing growth targets.
Highlights
Revenue growthGross Loan Portfolio down 1.7% YoY.
MarginsCost of Funds at 7.9%; Yield on advances at 15.1%.
Demand visibilitySlowdown in JLG segment; growth expected in MBBL and retail.
Management confidenceFocusing on collections and asset quality stabilization.

Growth

Gross Loan Portfolio fell 1.7% YoY to ₹19,332cr. Deposits grew 0.4% YoY to ₹21,654cr. Non-JLG portfolio grew 29.5% YoY.

Outlook

Targets 25-30% portfolio growth and ~15% RoE in 2-3 years. Focus on secured loans (target ~55%) and retail franchise.

Risks

Asset quality stress in Micro-Banking (JLG) due to market disruptions; FY26 net loss of ₹1,151cr reported.

Source

Earnings Call filed with NSE, NSE: UTKARSHBNK. Summary written with AI assistance from the document.

Read the document ↗

Utkarsh Small Finance Bank Ltd: key numbers

Share price
₹13.80
Market cap
₹2,456 Cr
Revenue (annual)
₹3,379 Cr
Net profit (annual)
₹-1,151 Cr
P/E (TTM)
-2.6×Sector 22.0×
Promoter holding
42.67%+0.00% QoQ
FII holding
11.90%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Utkarsh Small Finance Bank Ltd

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17:13 IST BSE
Debt & Borrowing

Utkarsh Small Finance Bank Debt & Borrowing

Utkarsh Small Finance Bank has allotted non-convertible debt securities. This action falls under the bank's debt issuance activities.

17:04 IST BSE
Debt & Borrowing

Utkarsh Small Finance Bank Debt & Borrowing: ₹300 Cr

Utkarsh Small Finance Bank allotted non-convertible debentures worth ₹300 Crore to eligible investors. These unsecured, subordinated, redeemable bonds carry an 11.75% coupon rate.

Value
₹300.0 Cr
Execution
7 years
21:20 IST BSE
Management Change

Utkarsh Small Finance Bank Management Change

Utkarsh Small Finance Bank appointed Mr. Manmohan Shetty as the new Chief Financial Officer and Key Managerial Personnel, effective September 19, 2026.

11:11 IST NSE
Debt & Borrowing

Utkarsh Small Finance Bank Debt & Borrowing: ₹300 Cr

Utkarsh SFB's CSFRC approved Tier II NCDs up to ₹300 crore in a 7-year private placement. Coupon is up to 11.75% p.a. on BSE WDM listing.

Value
₹300.0 Cr
19:06 IST NSE
Credit Rating

Utkarsh Small Finance Bank Credit Rating

Utkarsh Small Finance Bank received a 'CARE A-; Stable' credit rating for proposed Tier II bonds and a reaffirmation for its existing Tier II bonds.