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Earnings Call

Utkarsh Small Finance Bank Earnings Call: Key Takeaways

Utkarsh SFB reports a Q4 FY26 net loss of ₹188 crore, primarily driven by cleaning up legacy stress in its JLG microfinance portfolio.

Why this was an Alfa AlertNot a filter event. The company reported a net loss and is in a consolidation phase without a guidance beat.
Highlights
MarginsCost of funds improved to 7.9% from 8.3% YoY.
Demand visibilityPositive traction in Micro Banking Business Loans and secured segments.
Management confidenceCautiously optimistic despite current losses and legacy portfolio stress.

Growth

JLG disbursements grew 58% QoQ, but MSME/Secure lending now forms 51% of gross book, signaling structural shifts.

Outlook

Management targets 25-30% loan growth for FY27 with an ROE aim of 15% by FY28.

Risks

High credit costs from legacy portfolio and elevated GNPA at 7.7% remain significant headwinds for immediate profitability.

Source

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

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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.