Utkarsh Small F. Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Published 25 Aug 2026 | Banks | Market Cap: ₹2.6K Cr
Targeting loan book growth of 25% to 30% year-on-year, including FY27 and FY28. Loan book growth guidance: 25% to 30% year-on-year, with secured lending comprising ~55% of the portfolio (Page 7).
From Utkarsh Small F.'s Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Price
₹14.5
Market Cap
₹2.6K Cr
Revenue Rank
Margin Rank
How does Utkarsh Small F. rank in Banks?
Compare Utkarsh Small F. against every Banks company this quarter on revenue, margins and earnings-call signals.
📊 Revenue & Sales Performance
Rank 2- →Targeting loan book growth of 25% to 30% year-on-year, including FY27 and FY28.
- →JLG (Joint Liability Group) and Micro Banking to grow at a more conservative 15%-20%, remaining around 25% of portfolio.
- →Disbursements grew 49% YoY in Q1 FY27, reflecting strong recovery momentum.
- →Non-JLG disbursements grew 93% YoY; JLG disbursements up 5% YoY.
- →Deposit growth steady at 3% YoY; CASA and retail term deposits grew 15% YoY, improving deposit mix and reducing cost of funds.
- →Focus on improving income-accruing assets with normalized credit costs and higher disbursements leading to steady AUM growth.
- →Operating cost to remain stable with no expansion plans; productivity improvement expected to drive incremental operating profit.
- →Projected ROE aiming for double digits exiting FY27 and ~15% by FY28.
- →Growth strategy emphasizes quality portfolio, disciplined underwriting, and diversified asset classes for sustainable revenue growth.
📈 Profitability & Margins
Rank 3🏗️ Capital Expenditure Plans
No- →The bank plans to raise around INR 500 crores through Tier 2 Non-Convertible Debentures (NCDs) in the current year to accelerate growth initiatives and reinforce capital adequacy.
- →No equity capital raise is anticipated at least till the end of FY27, as the bank expects to achieve sufficient capital through internal accruals and Tier 2 instruments.
- →Strategic investment focus includes technology transformation under the "Utkarsh 2.0" project, involving automation, digital underwriting tools, and a new Core Banking System (CBS) to improve efficiency, risk control, and customer experience.
- →Employee headcount was rationalized by about 1,700 as part of operational efficiency efforts rather than branch expansion.
- →No mention of physical branch expansion or large capex spend; emphasis is on productivity and technology-driven growth with existing infrastructure.
💰 Fundraising & Capital Structure
No- →The bank plans to raise around INR 500 crores through Tier 2 Non-Convertible Debentures (NCDs) in the current year to accelerate growth and strengthen capital adequacy.
- →They are also repaying an existing INR 195 crores tranche prematurely in mid-August, which will save around INR 20 crores in interest expenses.
- →The INR 500 crores raised through Tier 2 NCDs is expected to boost Capital to Risk-Weighted Assets Ratio (CRAR) by approximately 250 basis points.
- →No additional equity capital raise is anticipated at least until the end of FY27, as the bank expects profitable growth and clawback of profits to support capital needs.
- →The focus is on maintaining strong liquidity and capital position to support growth and absorb uncertainties.
📋 Order Book & Pipeline
YesKey Metrics
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Margin
Capex
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Frequently Asked Questions
What were Utkarsh Small F. Q1 FY27 results?
Targeting loan book growth of 25% to 30% year-on-year, including FY27 and FY28. Loan book growth guidance: 25% to 30% year-on-year, with secured lending comprising ~55% of the portfolio (Page 7).
What is Utkarsh Small F. share price analysis?
Utkarsh Small F. currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of N/A with a market cap of ₹2,568 Cr. Investors should review the full earnings analysis for detailed insights.
Is Utkarsh Small F. planning capital expenditure?
The bank plans to raise around INR 500 crores through Tier 2 Non-Convertible Debentures (NCDs) in the current year to accelerate growth initiatives and reinforce capital adequacy.
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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.