Ujjivan Small Finance Bank Ltd
Ujjivan Small Finance Bank Limited is a mass market focused bank in India, catering to financially unserved and underserved segments and committed to building financial inclusion in the country. It started its operations as Ujjivan Financial Services Limited, a Non-Banking Financial Company in 2005 with the mission to provide financial services to the ‘economically active poor’ who were not adequately served by financial institutions. [1]
- Market Cap ₹ 6,581 Cr.
- Current Price ₹ 34.0
- High / Low ₹ 61.4 / 32.0
- Stock P/E 5.63
- Book Value ₹ 28.7
- Dividend Yield 4.42 %
- ROCE 11.1 %
- ROE 26.7 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.18 times its book value
- Stock is providing a good dividend yield of 4.45%.
- Company has delivered good profit growth of 45.0% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
* 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: Banks Industry: Banks - Private Sector
Part of BSE 250 SmallCap Index Nifty Smallcap 250 Nifty 500 Multicap 50:25:25 BSE Diversified Financials Revenue Growth Index (I Nifty MidSmallcap 400
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2017 9m | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 148 | 223 | 217 | 1,468 | 1,832 | 2,704 | 2,806 | 2,813 | 4,165 | 5,677 | 6,189 |
Interest | 59 | 81 | 109 | 607 | 725 | 1,070 | 1,078 | 1,039 | 1,467 | 2,268 | 2,510 |
93 | 102 | 111 | 922 | 1,053 | 1,533 | 1,944 | 2,603 | 1,730 | 2,396 | 2,960 | |
Financing Profit | -3 | 40 | -3 | -61 | 54 | 100 | -215 | -830 | 968 | 1,014 | 719 |
Financing Margin % | -2% | 18% | -1% | -4% | 3% | 4% | -8% | -30% | 23% | 18% | 12% |
8 | 11 | 9 | 111 | 206 | 322 | 302 | 360 | 589 | 787 | 825 | |
Depreciation | 2 | 3 | 5 | 41 | 61 | 73 | 77 | 80 | 90 | 98 | 0 |
Profit before tax | 2 | 49 | 1 | 9 | 199 | 350 | 10 | -550 | 1,467 | 1,702 | 1,544 |
Tax % | 22% | 31% | 94% | 22% | 0% | 0% | 19% | -25% | 25% | 25% | |
2 | 34 | 0 | 7 | 199 | 350 | 8 | -415 | 1,100 | 1,281 | 1,164 | |
EPS in Rs | 0.00 | 0.05 | 1.38 | 2.02 | 0.05 | -2.40 | 5.63 | 6.54 | 5.97 | ||
Dividend Payout % | 0% | 48% | 0% | 0% | 0% | 0% | 0% | 0% | 22% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 26% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 45% |
3 Years: | 424% |
TTM: | -7% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -8% |
3 Years: | 18% |
1 Year: | -44% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 18% |
Last Year: | 27% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 57 | 66 | 1,440 | 1,440 | 1,440 | 1,728 | 1,728 | 1,728 | 1,955 | 519 |
Reserves | 185 | 256 | 0 | 7 | 180 | 1,260 | 1,290 | 874 | 2,054 | 5,095 |
617 | 997 | 6,698 | 7,825 | 11,746 | 14,934 | 16,583 | 20,256 | 28,379 | 33,633 | |
38 | 41 | 298 | 201 | 377 | 490 | 779 | 754 | 929 | 1,176 | |
Total Liabilities | 898 | 1,360 | 8,436 | 9,473 | 13,742 | 18,411 | 20,380 | 23,612 | 33,317 | 40,422 |
11 | 11 | 137 | 194 | 282 | 280 | 276 | 244 | 265 | 395 | |
CWIP | 0 | 0 | 3 | 4 | 2 | 21 | 5 | 6 | 18 | 32 |
Investments | 0 | 0 | 1,447 | 1,232 | 1,527 | 2,396 | 2,516 | 4,153 | 8,510 | 9,766 |
886 | 1,349 | 6,849 | 8,042 | 11,931 | 15,715 | 17,583 | 19,210 | 24,524 | 30,230 | |
Total Assets | 898 | 1,360 | 8,436 | 9,473 | 13,742 | 18,411 | 20,380 | 23,612 | 33,317 | 40,422 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
-168 | -409 | -7,084 | 2,314 | 478 | 242 | 2,657 | 2,554 | 1,060 | 1,582 | |
1 | 3 | -161 | -101 | -148 | -757 | -1,356 | -841 | -2,096 | -853 | |
269 | 427 | 7,931 | -2,439 | 287 | 776 | -706 | -1,484 | 1,186 | -519 | |
Net Cash Flow | 102 | 21 | 687 | -225 | 617 | 261 | 595 | 230 | 150 | 210 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
ROE % | 12% | 0% | 13% | 15% | 0% | -15% | 33% | 27% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Of Earnings Call Invite for Q3
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
8 Jan - Allotment of equity shares under the ESOP Scheme of the Bank
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Jan
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Update On Key Business Numbers For Q3 FY 2024-25
4 Jan - Disclosure of Q3FY25 business highlights and financials.
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Board Meeting Intimation for Approval Of Quarterly Financial Results For The Quarter Ending On December 31, 2024
30 Dec - Board meeting to approve Q3 financial results.
Annual reports
Concalls
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Oct 2024Transcript PPT REC
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Jul 2024Transcript PPT REC
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Jun 2024TranscriptNotesPPT
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Jan 2024Transcript PPT REC
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Oct 2023Transcript PPT REC
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Nov 2022TranscriptPPT
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Jul 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Aug 2020TranscriptPPT
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May 2020Transcript PPT
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Mar 2020TranscriptPPT
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Jan 2020Transcript PPT
Business Segments FY24