Ujjivan Financial Services Ltd
Ujjivan Financial Services was registered with Reserve Bank of India (" the RBI") as NBFC-MFI under Non-Banking Financial Company Micro Finance Institutions (NBFC-MFIs) directions on September 05, 2013. The Company received approval from the RBI to set up a Small Finance Bank.(Source : 202003-01 Annual Report Page No:78)
- Market Cap ₹ 7,179 Cr.
- Current Price ₹ 590
- High / Low ₹ 615 / 463
- Stock P/E 8.75
- Book Value ₹ 299
- Dividend Yield 0.59 %
- ROCE 10.3 %
- ROE 32.1 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 103% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 6.29% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|
1,393 | 1,516 | 1,957 | 2,864 | 3,072 | 2,995 | 4,556 | 5,678 | |
521 | 857 | 1,022 | 1,273 | 2,209 | 2,170 | 1,492 | 2,155 | |
Operating Profit | 872 | 659 | 935 | 1,591 | 863 | 825 | 3,064 | 3,523 |
OPM % | 63% | 43% | 48% | 56% | 28% | 28% | 67% | 62% |
5 | 28 | 57 | 105 | 109 | 97 | 122 | 299 | |
Interest | 543 | 602 | 727 | 1,115 | 1,121 | 1,071 | 1,493 | 2,141 |
Depreciation | 13 | 41 | 61 | 166 | 170 | 155 | 163 | 172 |
Profit before tax | 322 | 45 | 204 | 416 | -319 | -304 | 1,531 | 1,509 |
Tax % | 35% | 42% | 26% | 28% | -25% | -24% | 26% | |
208 | 26 | 150 | 299 | -239 | -230 | 1,140 | 1,120 | |
EPS in Rs | 17.39 | 2.15 | 12.41 | 23.21 | -16.33 | -15.75 | 73.19 | 67.44 |
Dividend Payout % | 5% | 23% | 10% | 3% | 0% | 0% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 17% |
TTM: | 40% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 103% |
3 Years: | 47% |
TTM: | 0% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 55% |
1 Year: | 21% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 6% |
Last Year: | 32% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 119 | 121 | 121 | 122 | 122 | 122 | 122 | 122 |
Reserves | 1,636 | 1,611 | 1,757 | 2,718 | 2,391 | 2,201 | 3,102 | 3,515 |
6,392 | 7,625 | 11,842 | 15,204 | 16,799 | 21,073 | 30,776 | 34,774 | |
331 | 165 | 306 | 668 | 895 | 1,027 | 1,487 | 1,918 | |
Total Liabilities | 8,479 | 9,522 | 14,026 | 18,711 | 20,207 | 24,423 | 35,486 | 40,329 |
137 | 194 | 282 | 799 | 718 | 666 | 684 | 760 | |
CWIP | 3 | 4 | 2 | 21 | 5 | 6 | 18 | 31 |
Investments | 1,447 | 1,244 | 1,548 | 2,429 | 2,552 | 4,215 | 8,604 | 11,037 |
6,892 | 8,080 | 12,194 | 15,462 | 16,932 | 19,536 | 26,181 | 28,502 | |
Total Assets | 8,479 | 9,522 | 14,026 | 18,711 | 20,207 | 24,423 | 35,486 | 40,329 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
-583 | 2,190 | -3,248 | -2,464 | 1,612 | 2,826 | 2,073 | |
-1,559 | 113 | -448 | -1,087 | -215 | -1,785 | -4,554 | |
2,409 | -2,441 | 4,198 | 3,812 | -803 | -819 | 2,640 | |
Net Cash Flow | 267 | -137 | 503 | 261 | 594 | 222 | 159 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
Debtor Days | 1,122 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | |||||||
Days Payable | |||||||
Cash Conversion Cycle | 1,122 | 0 | 0 | 0 | 0 | 0 | 0 |
Working Capital Days | 162 | -39 | -40 | -31 | -38 | -58 | -21 |
ROCE % | 7% | 8% | 10% | 4% | 4% | 10% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
30 Apr - Filing of Form INC 28 with ROC, Bengaluru
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
25 Apr - For receipt of certified copy of the NCLT Sanction on Scheme of Amalgamation
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 24 Apr
- Update Of Scheme Of Amalgamation - Intimation Of Book Closure & Record Date 20 Apr
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
19 Apr - Sanction of the Scheme of Amalgamation by the Hon"ble NCLT Bengaluru Bench
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Oct 2019TranscriptPPT
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Aug 2019Transcript PPT
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Jun 2019TranscriptPPT
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Feb 2019Transcript PPT
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Nov 2018TranscriptPPT
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Aug 2018Transcript PPT
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Aug 2018TranscriptNotesPPT
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May 2018Transcript PPT
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Feb 2018TranscriptPPT
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Nov 2017Transcript PPT
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Aug 2017Transcript PPT
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Apr 2017Transcript PPT
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Jan 2017Transcript PPT
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Nov 2016TranscriptPPT
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Jul 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
Background
On September 05, 2013, the co registered with RBI as a Non-Banking Financial Company Micro Finance Institutions (NBFC-MFI) and received approval to set up a Small Finance Bank. Consequently, it transferred its Business undertaking to its wholly-owned subsidiary Ujjivan Small Finance Bank Limited which commenced operations on February 1, 2017. Pursuant to this change, the Co surrendered its NBFC-MFI license and received approval and certificate of registration as NBFC-ND-SI-CIC (Core Investment Company) from the RBI on October 10, 2017. [1]