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Earnings Call

Utkarsh Small Finance Bank Earnings Call: Key Takeaways

Utkarsh SFB reported a challenging Q4/FY26 due to MFI segment disruptions, leading to a FY26 PAT loss of ₹1,151cr despite 29.5% growth in non-JLG loans and 51% secured loan share.

Why this was an Alfa AlertNot a filter event. The company reported a significant loss and did not beat prior guidance on primary metrics.
Highlights
MarginsCost to income ratio elevated at 97.0% for FY26.
Order bookGross Loan Portfolio at ₹19,332cr.
Management confidenceFocus on collection infrastructure and de-risking asset mix.

Growth

FY26 PAT loss ₹1,151cr vs ₹24cr profit. Gross Loan Portfolio fell 1.7% YoY to ₹19,332cr; Deposits grew marginally by 0.4%.

Outlook

Targeting 25-30% portfolio growth, ~15% RoE, and ~8% NIM in 2-3 years. Focus on diversifying to secured loans.

Risks

Asset quality stress in JLG/MFI portfolio; Gross NPA at 7.7%. High credit costs and market disruptions impacted profitability.

Source

Earnings Call filed with BSE, 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.