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Earnings Call

Utkarsh Small Finance Bank Earnings Call: Key Takeaways

Utkarsh SFB Q4FY26 transcript shows recovery with GNPA improvement to 7.7% and pivot toward secured lending (51% of book). Reported net loss of ₹188cr due to legacy provisioning.

Why this was an Alfa AlertNot a filter event. Reported a loss and metrics were primarily focused on recovery rather than guidance beats.
Highlights
MarginsRepricing deposits to 7.9% to optimize cost of funds.
Demand visibilityStrong traction in Micro LAP and used vehicle segments.
Management confidenceHigh on reaching 15% ROE by FY28.

Growth

JLG disbursements up 58% QoQ; non-JLG up 41% QoQ. Retail term deposits grew 20% YoY.

Outlook

Targeting 25-30% loan growth, 15% ROE by FY28, and NIMs above 8% through secured asset focus.

Risks

Legacy MFI stress impacts credit costs; high cost-to-income ratio; potential West Asia geopolitical impacts on MSME.

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.