| Management target | Revenue 30.0% FY27 |
|---|
| Margins | Targeting 8% NIM; cost of funds declined 15bps sequentially. |
|---|---|
| Demand visibility | Strong customer demand across JLG and non-JLG segments. |
| Management confidence | High on recovery and new guardrail underwriting standards. |
Growth
Total disbursements grew 49% YoY; non-JLG disbursements rose 93%. Gross NPA improved to 5.9% from 11.4% YoY.
Outlook
Guidance of 25-30% loan book growth for FY27. Targeting 8% NIM and 15% ROE by FY28.
Risks
Challenging microfinance operating environment and legacy JLG stress; however, 80% of current portfolio is now CGFMU covered.
Last quarter's promises, checked
Delivered
- Guided 51% secured lending mix → delivered 51% (= BEAT)
- Guided 25-30% loan growth → delivered 49% YoY (= BEAT)
- Guided reduction in cost of funds → delivered 15bps sequential decline (= BEAT)
Partly delivered
- Guided reverse merger completion in few months → delivered pending regulatory process (= PARTIAL)
Missed
- Guided net loss of ₹188cr → delivered ₹34cr loss (= BEAT/RECOVERY)
- Guided GNPA 7.7% → delivered 5.9% (= BEAT)
Investor Presentation filed with BSE, 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 Earnings Call Transcript: Key Takeaways
Utkarsh SFB reports a 34Cr net loss for Q1 FY27, masking the underlying recovery in asset quality and reduced fresh slippages. Management is aggressively pivoting from JLG to secured lending to stabilize the balance sheet.
- Call
- Guides 28% growth