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UJJIVANSFB - Ujjivan Small

📊 NSE: UJJIVANSFB 🏢 Banks - Private Sector 📅 Last Updated: 12/14/2025 14:40

📢 Recent Corporate Announcements

Ujjivan SFB Assigned 'Strong' ESG Rating of 65 for FY 2025

🟢 POSITIVE ⭐ 4/10

ROUTINE 📅 23 Apr 2026, 12:43 PM

Ujjivan Small Finance Bank has been assigned an ESG rating of '65' by ESG Risk Assessments and Insights Limited, a SEBI-registered Category I provider. This rating places the bank in the 'Strong' category based on its public disclosures for the financial year 2025. The voluntary assignment of this rating reflects the bank's commitment to transparency and governance standards. Such ratings are increasingly significant for attracting institutional investors and ESG-focused funds.

Assigned an ESG rating of '65' for the financial year 2025
Classified under the 'Strong' rating category by a SEBI-registered provider
Rating is based on the bank's public disclosures and information in the public domain
The assessment was voluntarily assigned by ESG Risk Assessments and Insights Limited

💡 Investors should note this as a positive reputational milestone that may increase the bank's appeal to institutional and ESG-focused investors. No immediate action is required as this does not impact the bank's core financial performance.

Ujjivan SFB Schedules Three-Day Meeting with International Finance Corporation (IFC)

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 15 Apr 2026, 09:34 PM

Ujjivan Small Finance Bank has announced an upcoming in-person meeting with the International Finance Corporation (IFC). The interaction is scheduled to take place over three days from April 22 to April 24, 2026, in Bangalore. This disclosure is a routine requirement under Regulation 30 of SEBI (LODR) 2015. The bank has explicitly stated that no unpublished price sensitive information (UPSI) will be shared during these discussions.

Meeting scheduled with International Finance Corporation (IFC) from April 22 to April 24, 2026
The interaction will be held in-person in Bangalore between 9:00 AM and 6:00 PM
Bank confirms that no unpublished price sensitive information (UPSI) will be disclosed
The meeting schedule is subject to change based on exigencies from either party

💡 No immediate action is required as this is a routine regulatory disclosure. Investors may look for any subsequent investor presentations or transcripts that the bank might release following the meeting.

RBI Returns Ujjivan SFB's Universal Bank Application Over Loan Portfolio Diversification

🔴 NEGATIVE ⭐ 8/10

REGULATORY 📅 13 Apr 2026, 06:57 PM

The Reserve Bank of India (RBI) has returned Ujjivan Small Finance Bank's application for a voluntary transition to a Universal Bank as of April 13, 2026. While the RBI acknowledged the bank's recent efforts to diversify its loan book, it concluded that further progress is necessary before the transition can be approved. The bank has been advised to re-apply after demonstrating a more balanced and diversified portfolio. This regulatory feedback represents a significant delay in the bank's strategic roadmap to lower its cost of funds and expand its service offerings.

RBI returned the application for transition from Small Finance Bank to Universal Bank on April 13, 2026.
The regulator cited the need for further progress in diversifying the bank's loan portfolio beyond its current concentration.
The bank had originally initiated the formal update process for this transition in February 2025.
Ujjivan SFB is permitted to re-apply only after demonstrating a more robust and diversified asset base to the regulator's satisfaction.

💡 Investors should expect short-term pressure on the stock as the timeline for achieving a Universal Bank status is pushed back. Monitor the bank's quarterly progress in non-microfinance lending segments as a key indicator for future re-application success.

Ujjivan SFB Q4 FY26: Deposits Grow 21% YoY, CASA Ratio Improves to 28.6%

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 02 Apr 2026, 02:09 PM

Ujjivan Small Finance Bank reported strong operational performance for Q4 FY26, with its gross loan book growing 26.6% YoY to ₹40,655 crore. Deposits saw a healthy 21.3% YoY increase to ₹45,661 crore, significantly aided by a 35.8% surge in CASA deposits. Asset quality showed sequential improvement with GNPA at 2.27% (down from 2.39% in Q3) and PAR reducing to 3.54%. The bank's strategic shift towards a secured portfolio is evident, with the secured book now comprising 49.4% of total loans.

Gross Loan Book increased 26.6% YoY to ₹40,655 crore, with MSME and Housing segments growing 57.9% and 43.4% respectively.
Total Deposits grew 21.3% YoY to ₹45,661 crore, while CASA deposits rose 35.8% to ₹13,055 crore.
Secured loan mix improved to 49.4% of the total book, up from 43.5% in the previous year.
Asset quality improved QoQ with GNPA at 2.27% and PAR at 3.54%, down from 3.98% in the previous quarter.
Quarterly disbursements rose 31.4% YoY to ₹9,763 crore, led by strong growth in Group Loans and FIG segments.

💡 The bank's strong deposit growth and improving CASA ratio indicate a robust liability franchise, while the shift toward secured lending reduces risk. Investors should maintain a positive outlook but monitor the impact of write-offs on the final net profit in the upcoming full earnings release.

Ujjivan Small Finance Bank Schedules Virtual Investor Meet with Cusana Capital

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 25 Mar 2026, 10:39 AM

Ujjivan Small Finance Bank (UJJIVANSFB) has announced a virtual meeting with Cusana Capital scheduled for March 26, 2026. The meeting is slated to take place between 3:30 PM and 4:30 PM via virtual mode from Bangalore. This disclosure is made under Regulation 30 of SEBI (LODR) 2015, following a short-notice finalization. The bank has clarified that no unpublished price sensitive information will be discussed during the session.

Meeting with Cusana Capital scheduled for March 26, 2026.
The session is a 1-hour virtual meeting from 3:30 PM to 4:30 PM.
Bank confirms no unpublished price sensitive information (UPSI) will be shared.
The meeting was finalized at a shorter notice than usual.

💡 Investors should treat this as a routine engagement. No specific action is needed, but keep an eye on the bank's website for any subsequent investor presentations.

Ujjivan SFB to Close Trading Window from April 1, 2026, Ahead of FY26 Audited Results

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Mar 2026, 05:42 PM

Ujjivan Small Finance Bank has announced the closure of its trading window starting April 1, 2026, in compliance with SEBI Insider Trading regulations. This closure is standard procedure preceding the declaration of the bank's audited financial results for the quarter and full year ending March 31, 2026. The trading window will remain closed for all designated persons and their dependents until 48 hours after the results are made public. The bank has also updated the NSDL database for PAN freezing of designated employees as per the SEBI circular dated April 21, 2025.

Trading window closure to commence from April 1, 2026, for FY26 annual results.
Window will reopen 48 hours after the announcement of audited financial results.
Bank has complied with SEBI's PAN freeze requirements for designated persons via NSDL.
The specific date for the Board Meeting to approve results will be announced later.

💡 This is a routine regulatory announcement with no impact on the bank's fundamentals. Investors should monitor for the upcoming announcement of the board meeting date to track the bank's year-end financial performance.

CARE Ratings Reaffirms 'CARE AA-; Stable' Rating for Ujjivan SFB's ₹11,000 Cr Facilities

🟡 NEUTRAL ⭐ 7/10

ROUTINE 📅 24 Mar 2026, 12:42 AM

CARE Ratings has reaffirmed the 'CARE AA-; Stable' rating for Ujjivan Small Finance Bank’s ₹11,000 crore worth of instruments, including fixed deposits and NCDs. The bank's capital position remains robust with a Capital Adequacy Ratio (CAR) of 21.62%, providing a significant buffer against credit risks. However, profitability has moderated with ROTA at 1.10% for 9MFY26, down from 3.50% in FY24, primarily due to stress in the micro-banking segment. The bank is actively pivoting towards secured lending, which now constitutes 48% of the portfolio, aiming for 60-65% in the medium term.

CARE Ratings reaffirmed 'CARE AA-; Stable' for ₹10,000 Cr Fixed Deposits and ₹1,000 Cr in bank facilities and NCDs.
Secured advances increased to 48% of the loan book as of December 31, 2025, up from 44% in March 2025.
Capital Adequacy Ratio (CAR) remains healthy at 21.62%, well above the management's 17-20% target range.
Return on Total Assets (ROTA) moderated to 1.10% in 9MFY26 from 3.50% in FY24 due to micro-banking slippages and credit costs.
Gross NPA and Net NPA were maintained at 2.38% and 0.57% respectively, aided by write-offs and NPA sales.

💡 Investors should monitor the bank's progress in diversifying toward secured lending and the stabilization of its microfinance portfolio. While the stable rating confirms solvency, the recovery in ROTA and improvement in the CASA ratio (currently 27.32%) are key triggers for future performance.

Ujjivan Small Finance Bank to Hold Investor Meeting with Natixis on March 25, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 20 Mar 2026, 07:12 PM

Ujjivan Small Finance Bank has announced a virtual investor meeting with Natixis scheduled for March 25, 2026. The meeting is set to take place between 2:15 PM and 3:15 PM IST. This is a routine disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015. The bank has explicitly stated that no unpublished price sensitive information (UPSI) will be shared during this interaction.

Virtual meeting scheduled with Natixis on March 25, 2026
Meeting duration is set for one hour from 2:15 PM to 3:15 PM
Compliance with SEBI (LODR) 2015 Regulation 30
Confirmation that no unpublished price sensitive information will be disclosed

💡 No immediate action is required as this is a routine investor engagement. Investors may look for any subsequent presentation or transcript if published on the bank's website.

Ujjivan Small Finance Bank to Meet Investors on March 23, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 18 Mar 2026, 05:56 PM

Ujjivan Small Finance Bank has announced a virtual investor meeting scheduled for March 23, 2026. The session is organized by Kotak Securities Limited and will involve a group of existing and prospective investors. The meeting is set to take place from 3:00 PM to 4:00 PM. The bank has explicitly stated that no unpublished price sensitive information (UPSI) will be shared during this interaction.

Investor meeting scheduled for March 23, 2026, via virtual mode.
Organized by Kotak Securities Limited for existing and prospective investors.
One-hour session scheduled from 3:00 PM to 4:00 PM.
Bank confirms that no unpublished price sensitive information will be disclosed.

💡 This is a routine disclosure; investors should watch for any presentation materials or transcripts released after the meeting for updates on the bank's outlook.

Ujjivan Small Finance Bank to Meet with Dam Capital on March 20, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 17 Mar 2026, 05:08 PM

Ujjivan Small Finance Bank has announced a virtual meeting with Dam Capital scheduled for March 20, 2026. The interaction is slated to occur between 12:00 PM and 1:00 PM. The bank has explicitly stated that no unpublished price sensitive information will be shared during this session. This disclosure is a routine filing under Regulation 30 of SEBI (LODR) 2015 to maintain transparency with institutional investors.

Meeting scheduled with Dam Capital for March 20, 2026
The session will be held virtually from 12:00 PM to 1:00 PM
Bank confirms no unpublished price sensitive information (UPSI) will be disclosed
Routine disclosure under SEBI Listing Obligations and Disclosure Requirements

💡 No immediate action is required as this is a routine investor interaction. Investors may look for any subsequent presentation materials or transcripts on the bank's website for insights into management's outlook.

Ujjivan Small Finance Bank Schedules Investor Meetings with Kotak, Emkay, and Bowhead

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 16 Mar 2026, 06:11 PM

Ujjivan Small Finance Bank has scheduled three virtual investor and analyst meetings in March 2026. The first meeting is with Kotak Institutional Equities on March 17, followed by a session organized by Emkay Global for existing and prospective investors on March 18. A final meeting with Bowhead is scheduled for March 25. The bank has confirmed that no unpublished price sensitive information will be shared during these interactions.

Meeting with Kotak Institutional Equities scheduled for March 17, 2026, at 12:00 PM.
Investor session organized by Emkay Global for multiple investors set for March 18, 2026.
Virtual meeting with Bowhead scheduled for March 25, 2026, from 12:00 PM to 1:00 PM.
All scheduled meetings are virtual and will be conducted from Bangalore.
The bank clarified that meetings on March 17 and 18 were finalized at short notice.

💡 No immediate action is required as these are routine investor relations activities. Investors should look for any subsequent investor presentations or transcripts for qualitative updates on the bank's performance.

Ujjivan SFB Schedules Institutional Investor Meetings and Branch Visits in March 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 10 Mar 2026, 12:27 PM

Ujjivan Small Finance Bank has announced a series of investor interactions scheduled for mid-March 2026. The bank will conduct a branch visit in Baroda on March 13, organized by HDFC Securities, followed by multiple management meetings in Bangalore on March 18. Key institutional participants include IFC, Fidelity International, ICICI Prudential Life Insurance, and Bandhan Mutual Fund. The bank has clarified that no unpublished price sensitive information will be shared during these interactions.

Branch visit scheduled for March 13, 2026, in Baroda from 10:00 AM to 4:00 PM.
Management meetings with four major institutional investors on March 18, 2026, in Bangalore.
Participating institutions include IFC, Fidelity International, ICICI Pru Life, and Bandhan Mutual Fund.
Meetings are conducted in person to facilitate institutional engagement.
Bank confirms compliance with SEBI (LODR) 2015 regulations regarding information disclosure.

💡 No immediate action is required as these are routine investor relations activities. Investors may monitor the bank's website for any post-meeting presentations or transcripts that might be uploaded.

Ujjivan Small Finance Bank to Meet Polar Capital Holdings on March 12, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 09 Mar 2026, 04:09 PM

Ujjivan Small Finance Bank has scheduled a virtual investor meeting with Polar Capital Holdings PLC on March 12, 2026. The meeting is scheduled to take place from 4:30 PM to 5:30 PM. The bank has officially confirmed that no unpublished price sensitive information (UPSI) will be shared during this interaction. This disclosure is part of the bank's routine compliance under SEBI (LODR) Regulations 2015.

Virtual meeting scheduled with Polar Capital Holdings PLC on March 12, 2026
Interaction time set for one hour between 4:30 PM and 5:30 PM
Official confirmation that no unpublished price sensitive information will be disclosed
Intimation filed under Regulation 30 of SEBI (LODR) Regulations 2015

💡 No immediate action is required as this is a routine investor engagement. Investors may look for any subsequent presentation or transcript if published on the exchange.

Ujjivan SFB Schedules Investor Meetings and Branch Visits Across Multiple Cities in March 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 06 Mar 2026, 04:49 PM

Ujjivan Small Finance Bank has announced a series of investor and analyst interactions scheduled between March 11 and March 20, 2026. The schedule includes one-on-one meetings with Bellwether Capital and East Spring Investments. Furthermore, the bank has organized branch visits for institutional investors in Bangalore, Patna, and Indore, facilitated by Ambit, ICICI Securities, and Elara Capital. These interactions are part of the bank's routine investor relations program to provide operational insights.

Management meeting with Bellwether Capital scheduled for March 11, 2026, in Bangalore.
Virtual interaction with East Spring Investments set for March 13, 2026.
Three branch visits organized by Ambit, ICICI Securities, and Elara Capital across Bangalore, Patna, and Indore.
The bank confirmed that no unpublished price sensitive information (UPSI) will be shared during these sessions.

💡 No immediate action is required as these are routine investor relations activities. Investors may monitor for any post-event presentations or transcripts if released by the bank.

Ujjivan Small Finance Bank Schedules Investor Meetings with Birla MF and Bharat Connect

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 02 Mar 2026, 01:03 PM

Ujjivan Small Finance Bank has announced two upcoming interactions with institutional investors and analysts in March 2026. The first engagement is an in-person meeting with Birla Mutual Fund on March 5, 2026, in Bangalore. The second is a virtual appearance at the Bharat Connect Conference: Rising Star on March 9, 2026. These meetings are part of the bank's regular investor relations activities and are conducted in compliance with SEBI regulations.

In-person meeting scheduled with Birla Mutual Fund on March 5, 2026, from 10:00 AM to 12:00 PM.
Virtual participation in the Bharat Connect Conference: Rising Star on March 9, 2026, from 4:00 PM to 5:00 PM.
The bank has explicitly confirmed that no unpublished price sensitive information (UPSI) will be shared.
Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) 2015.

💡 No immediate action is required as this is a routine regulatory filing. Investors should look for any subsequent investor presentations or transcripts that may provide updates on the bank's operational outlook.

View All UJJIVANSFB Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total gross advances increased by 8% YoY to INR 32,122 Cr as of March 31, 2025. The secured loan segment grew significantly by 52.9% YoY in Q2 FY26, while individual loans (IL) grew 9.3% YoY to INR 5,464 Cr. Net Interest Income (NII) grew to INR 922 Cr in Q2 FY26, an increase of INR 65.7 Cr quarter-on-quarter.

Geographic Revenue Split

While a full regional split is not provided, Karnataka is identified as a significant market where delinquencies increased dramatically following the implementation of the Microfinance Ordinance in Q4 FY25. The bank operates through 753 branches with at least 25% located in Unbanked Rural Centres.

Profitability Margins

Profit After Tax (PAT) for FY25 was INR 726 Cr. For Q2 FY26, PAT stood at INR 122 Cr. Net Interest Margin (NIM) improved to 7.9% in Q2 FY26 from 7.7% in Q1 FY26. Return on Assets (RoA) was 1.6% for FY25 (dropping to 1.0% in Q2 FY26) and Return on Equity (RoE) was 12.4% for FY25 (dropping to 7.7% in Q2 FY26).

EBITDA Margin

Pre-provision operating profit (PPOP) for FY25 stood at INR 1,689 Cr. The cost-to-income ratio remained stable sequentially at 66.4% in Q2 FY26. Operating expenditure for FY25 was INR 2,793 Cr, driven by an 8% increase in staff strength.

Capital Expenditure

The bank invested in 500+ technology projects in FY25. Automation initiatives (51 processes) delivered productivity gains equivalent to 88,566 man-days, saving over INR 14 Cr. Analytics and data infrastructure investments produced INR 100+ Cr in incremental business and INR 4 Cr in cost reductions.

Credit Rating & Borrowing

CARE Ratings reaffirmed 'CARE AA-; Stable' for long-term bank facilities (INR 500 Cr), NCDs (INR 500 Cr), and Fixed Deposits (INR 10,000 Cr) as of March 26, 2025. The Cost of Funds remained stable between 7.5% and 7.6% throughout FY25, concluding at 7.6% in March 2025.

⚙️ Operational Drivers

Raw Materials

The primary 'raw material' for the bank is its deposit base, which stood at INR 37,630 Cr (up 20% YoY). Granular deposits account for INR 26,676 Cr (up 21% YoY). Cost of Funds (7.6%) represents the primary input cost.

Import Sources

Sourced domestically from a customer base of 95.1 Lakhs across India, with a focus on granular retail deposits which grew 21% YoY.

Key Suppliers

Not applicable as a financial institution; however, the bank relies on 95.1 Lakh depositors for its liability franchise and technology vendors for 500+ digital projects.

Capacity Expansion

The bank operates 753 branches as of FY25. It is expanding its secured book, which reached a 39% share of total advances in December 2024, up from 30% in March 2024.

Raw Material Costs

Interest expense on deposits is the primary cost. The Cost of Funds was 7.6% as of March 2025. The bank is utilizing liquidity buffers to support NIMs, which stood at 7.9% in Q2 FY26.

Manufacturing Efficiency

Productivity gains from automation equivalent to 88,566 man-days were achieved in FY25. The bank maintained a credit-to-deposit ratio of 84.9% (excluding IBPC).

Logistics & Distribution

Distribution is handled through 753 branches and digital channels. Staff expanded 8% to 24,374 personnel to support the growing network.

📈 Strategic Growth

Expected Growth Rate

35%+

Growth Strategy

The bank aims to achieve 35%+ growth in its secured book by focusing on Affordable Housing, Micro Mortgages, MSME, and Gold Loans. It is also leveraging its new AD-1 license to enter the foreign exchange industry and using customer lifecycle analytics to increase product penetration.

Products & Services

Microfinance loans (JLG model), Affordable Housing loans, Micro Mortgages, MSME loans, Vehicle Finance, Gold Loans, Agri loans, Current and Savings Accounts (CASA), Fixed Deposits, Insurance products, and Foreign Exchange services.

Brand Portfolio

Ujjivan Small Finance Bank.

New Products/Services

Obtained AD-1 business license for Foreign Exchange services. New products include Gold Loans, Vehicle Finance, and Agri loans, with secured disbursements growing 78.8% YoY in Q2 FY26.

Market Expansion

Welcomed 9.1 Lakh new customers in FY25, reaching a total of 95.1 Lakhs (11% increase). Expansion is focused on increasing the secured loan mix to 50% of the total portfolio.

Market Share & Ranking

Ujjivan is the third largest small finance bank in India.

Strategic Alliances

Partnerships for insurance product penetration to generate non-interest commission income. Collaborates with IDRBT for cybersecurity drills.

🌍 External Factors

Industry Trends

The SFB industry is shifting toward secured lending to mitigate microfinance volatility. Ujjivan's secured mix increased from 30% to 39% in one year. Digital innovation is a key driver, with Ujjivan executing 500+ tech projects to maintain competitiveness.

Competitive Landscape

Competes with other Small Finance Banks and NBFC-MFIs. USFB is the 3rd largest SFB, navigating sector-wide stress through asset diversification.

Competitive Moat

Durable advantages include a 20-year track record in microfinance (since 2005), a strong granular deposit franchise (INR 26,676 Cr), and a robust digital stack. These are sustainable due to high switching costs in banking and deep rural penetration (25% of branches in unbanked areas).

Macro Economic Sensitivity

Highly sensitive to microfinance sector stress and regional legislative actions (e.g., Karnataka Ordinance). Credit costs totaled 2.45% of the Average Gross Loan Book due to sectoral challenges.

Consumer Behavior

Increasing demand for digital banking and secured credit products like housing and vehicle finance among the underserved segments.

Geopolitical Risks

Not disclosed as a primary risk, though the bank monitors global threat landscapes for cybersecurity.

⚖️ Regulatory & Governance

Industry Regulations

Adheres to RBI SFB Licensing Guidelines: 75% of Adjusted Net Bank Credit to priority sectors; 50% of loans < INR 25 Lakhs; 25% of branches in Unbanked Rural Centres. Follows Basel III capital requirements.

Environmental Compliance

The bank received an 'Outstanding' ESG Impact Rating with a score of 76 for Environment, 84 for Social, and 83 for Governance.

Taxation Policy Impact

Not specifically detailed, though the bank reports PAT of INR 726 Cr after all provisions and taxes.

Legal Contingencies

Impacted by the Microfinance Ordinance by the Government of Karnataka, which caused a dramatic increase in delinquencies in Q4 FY25. The bank maintains a zero-tolerance policy toward regulatory breaches.

⚠️ Risk Analysis

Key Uncertainties

Ongoing stress in the microfinance sector (61% of book) could further elevate credit costs, which were 2.45% in FY25. Slippages increased to 3.6% in 9MFY25 from 2.3% in FY24.

Geographic Concentration Risk

Significant exposure to Karnataka, where legislative changes impacted repayment behavior. The bank is mitigating this through micro-market analysis and regional diversification.

Third Party Dependencies

Conducts outsourcing risk assessments and thematic reviews to manage vendor dependencies.

Technology Obsolescence Risk

Mitigated by 500+ annual technology projects and the creation of a comprehensive data lake to disseminate insights.

Credit & Counterparty Risk

Gross NPA (GNPA) stood at 2.2% in FY25 but increased to 2.68% by December 2024 due to microfinance stress. The bank uses 'Guardrails 2.0' (tightened credit norms) to manage acquisition quality.