| Management target | Revenue 27.5% FY27 |
|---|
| Revenue growth | 49% disbursement growth YoY; net loss narrowed by 80% sequentially. |
|---|---|
| Margins | NIM targeted at 8% despite rising funding costs; re-pricing underway. |
| Demand visibility | Strong demand in microbanking and MSME sectors within core geographies. |
| Management confidence | Cautiously optimistic, focusing on balance sheet cleanup and secured diversification. |
Growth
Total disbursements grew 49% YoY, driven by non-JLG segments (93% growth) and microbanking business loans.
Outlook
Targeting 25-30% loan book growth with a 15% ROE goal by FY28.
Risks
High concentration in unsecured microbanking (JLG) remains a structural risk despite CGFMU guarantee protection.
Last quarter's promises, checked
Delivered
- Guided ~330 bps GNPA improvement → delivered ~330 bps (= BEAT)
- Guided 51% secured loan share → delivered 51% (= BEAT)
- Guided 99.7% JLG collection efficiency → delivered 99.7% (= BEAT)
Partly delivered
- Guided 25-30% loan book growth → delivered 49% disbursement growth but overall book remains in recovery (= PARTIAL)
Missed
- Guided PPoP of ~INR140Cr → delivered Q1 FY27 net loss (= MISS)
Earnings Call Transcript filed with NSE, NSE: UTKARSHBNK. Summary written with AI assistance from 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
All →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.
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
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.
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
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.
Utkarsh Small Finance Bank Investor Presentation: Key Takeaways
Utkarsh SFB Q1 FY27 results show recovery with narrowed net loss of ₹34 crore. Management focused on JLG diversification, asset quality improvement, and reducing credit costs.
- Call
- Guides 30% growth