Profit increases to ₹103 Crore
Profit increases to ₹103 Crore, up 24% QoQ Increasing Diversification in Asset Mix; Secured book share 46%
Gross loan book at ₹ 33,287 Crore up 11% YoY;Deposits at ₹ 38,619 Crore up 19% YoY
Secured book grows to ₹15,162 Crore, up 63% YoY; Secured share in loan book at 46%
Micro Banking Disbursement remains steady at ₹ 3,934 Crore at par with Q4FY25
Bengaluru, Thursday 24 July, 2025: Ujjivan Small Finance Bank ltd. [BSE: 542904; NSE: UJJIVANSFB], today announced its financial performance for the quarter ended June, 2025
Summary of Ujjivan Small Finance Bank Business Performance – Q1FY26
1)Assets
2) Collection and Asset Quality
3) Deposits
4) Financials
5) Capital and Liquidity
* Without adjusting IBPC & Securitization of ₹ 178 Crore / ₹ 189 Crore / ₹ 2,369 Crore as on Jun 2025 / Mar 2025 / Jun 2024
^ Retail TDs are TDs less than ₹ 3 Crore
# Floating provision of ₹ 181 Crore continues to be on books & can be utilized as per RBI guidelines. Of this ₹ 30 Crore is earmarked toward Tier II capital and ₹130 Crore is earmarked for PCR calculation and ₹ 21 Crore is earmarked for Other Provisions
Mr. Sanjeev Nautiyal, MD & CEO, Ujjivan Small Finance Bank said “In Q1FY26, we delivered robust 11% YoY growth in our gross loan book this was backed with strong momentum across secured segment which grew 63% YoY. The disbursements for the quarter at ₹ 6,539 Crore, up 24% YoY. Our total deposits grew 19% YoY to ₹38,619 crores. CASA deposits were up 13% at ₹ 9,381 Crore. Retail TD plus CASA deposits stood at ₹27,884 crores, registering a 16% growth YoY and contributing 72% to total deposits. Our cost of funds remained at 7.6% in Q1 and are expected to reduce in upcoming quarters since we have reduced the peak FD rates by 65 basis points and SA rates have been selectively re-calibrated up to 100 basis points.
The MFIN Guardrails 2.0, have been fully adopted by the Bank effective 1st April 2025. While we had anticipated a slower disbursement, we see that demand scenario continues to improve and Q1 disbursement in Group Loan was 2% higher than Q4. We stay aligned to this new operating framework and are focusing on deeper existing customer engagement and opportunities to acquire new customers. In Micro Banking nearly 1.1 lakh new customers were added in Q1 and nearly 34,000 customers were graduated from group loan to individual lending and also migrated substantial customers to secured products of Gold, Vehicle and Micro Mortgages, a testament to our efforts in nurturing credit-worthy borrowers and driving sustainable growth.
The recent regulatory change of reducing PSL requirement for SFB’s from 75% to 60% enhances flexibility to calibrate portfolio mix. The Reserve Bank of India took various steps starting February’25 including reduction of policy repo
rate and continuous liquidity infusion. We believe these measures would bring down the cost of funds and increase demand in rate sensitive segments.
PAT for Q1 at ₹103 Crore is up 24% QoQ. RoA increased 12 bps to 0.8% and RoE increased 114 bps at 6.7%. Other income saw robust growth of 26% YoY lead by treasury income. Credit Cost was lower QoQ at ₹225 Crore including accelerated provision of ₹23 Crore. For FY26 we expect to grow advances around 20% with a credit cost in the range of 2.3% to 2.4% of average gross advances. RoE to be around 10% to 12% and RoA to be around 1.2% to 1.4%.
About Ujjivan Small Finance Bank Limited:
Ujjivan Small Finance Bank Limited is a small finance bank licensed under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Bank serves ~97 lakh customers through 752 branches spread across 326 districts and 26 states and union territories in India. Gross loan book stands at ₹ 33,287 crore with a deposit base of ₹ 38,619 crore as of Jun 30, 2025. The Bank has been assigned a credit rating of AA- (Stable)/A1+ from CARE/CRISIL respectively towards its long-term bank facilities, fixed deposits and CD program depicting sustenance of Banks Performance. We constantly strive to ensure strong corporate culture which emphasizes on integrating CSR values with business objectives. We work with communities in navigating the unprecedented challenges primarily focused on healthcare, disaster relief, Covid relief, livelihood for especially abled people, education, and community infrastructure development.’
Web: www.ujjivansfb.in Twitter: @ UjjivanSFB
Safe Harbour:
Some of the statements in this document that are not historical facts are forward-looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our business and the markets in which we operate. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements. These risks include, but are not limited to, the level of market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions in India and elsewhere around the world, and other risks not specifically mentioned herein but those that are common to industry.
For further information, please contact:
Ujjivan Small Finance Bank Limited
For Media Queries:
Ms. Flovie Fortunato
+91 9892550006
Flovie.martins[at]ujjivan[dot]com
