Ujjivan Small Finance Bank Ltd Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Published 5 Aug 2026 | Banks | Market Cap: ₹13.5K Cr
Ujjivan Small Finance Bank expects acceleration in asset growth going forward, driven by both microfinance and secured loan segments. Ujjivan Small Finance Bank (Ujjivan SFB) expects profitable growth, with ROA guidance maintained at 1.2%-1.4% for FY '26 and a longer-term target toward 1.8%-2%.
From Ujjivan Small Finance Bank Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Price
₹72.1
Market Cap
₹13.5K Cr
P/E Ratio
14.9
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📊 Revenue & Sales Performance
- →Ujjivan Small Finance Bank expects acceleration in asset growth going forward, driven by both microfinance and secured loan segments.
- →The bank aims for improvement in Return on Assets (ROA) from the current 0.84% (9-month reported) to their guided range of 1.2%-1.4% for FY '26, with a medium to long-term vision towards 1.8%-2%.
- →Disbursement levels are expected to reach all-time highs in Q4 FY '26, supporting growth momentum.
- →The share of more secure, high-yield products in the loan book will increase, aiding margin stability despite expected yield moderation due to product mix changes.
- →Credit costs are projected to decline from Q4 onwards, benefiting profitability and growth.
- →CASA deposits are growing strongly (33% YoY) with a target to increase CASA percentage from 27% currently to 35% by FY30, enhancing low-cost funding and supporting volume growth.
- →Branch network expansion continues (317 branches), aiding geographic reach and portfolio diversification.
📈 Profitability & Margins
- →Ujjivan Small Finance Bank (Ujjivan SFB) expects profitable growth, with ROA guidance maintained at 1.2%-1.4% for FY '26 and a longer-term target toward 1.8%-2%.
- →The FY '26 PAT is expected to grow meaningfully in Q4, driven by:
- → - All-time high disbursals in both microfinance and secured portfolios.
- → - Reduction in cost of funds projected to fall to around 7%.
- → - Credit costs anticipated to decline in Q4 compared to Q3.
- →Operating expenses (OPEX) to average asset ratio expected to stabilize around current levels (~6.7%) for FY '26, with improvements targeted from FY '27 onward.
- →The bank aims to grow CASA ratio from current 27% to 35% by FY '30, enhancing liability profile and margin stability.
- →NIMs are expected to sustain or improve given ongoing rate cuts on savings deposits and a favorable asset mix shift toward secured products.
- →The business is diversifying income streams, supporting ROE expansion and EPS growth projections toward FY '28 and beyond.
🏗️ Capital Expenditure Plans
💰 Fundraising & Capital Structure
📋 Order Book & Pipeline
Key Metrics
Frequently Asked Questions
What were Ujjivan Small Finance Bank Ltd Q3 FY26 results?
Ujjivan Small Finance Bank expects acceleration in asset growth going forward, driven by both microfinance and secured loan segments. Ujjivan Small Finance Bank (Ujjivan SFB) expects profitable growth, with ROA guidance maintained at 1.2%-1.4% for FY '26 and a longer-term target toward 1.8%-2%.
What is Ujjivan Small Finance Bank Ltd share price analysis?
Ujjivan Small Finance Bank Ltd currently shows a neutral. The stock trades at a P/E of 14.9 with a market cap of ₹13,541 Cr. Investors should review the full earnings analysis for detailed insights.
Is Ujjivan Small Finance Bank Ltd planning capital expenditure?
Based on the content from the document "1274716.pdf," there is no explicit mention of current or future capex, capital investment, or strategic investment plans.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.