| Annual Financials | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 562 | 939 | 1,406 | 1,706 | 2,034 | 2,804 | 3,579 | 4,365 | 4,313 |
| Expenses | 390 | 392 | 551 | 783 | 1,125 | 1,234 | 1,562 | 2,519 | 2,962 |
| EBITDA | -78 | 165 | 276 | 181 | 121 | 595 | 725 | 104 | -477 |
| Operating Profit % | 25 % | 56 % | 58 % | 50 % | 39 % | 51 % | 51 % | 33 % | 19 % |
| Depreciation | 16 | 16 | 25 | 30 | 41 | 59 | 65 | 77 | 0 |
| Interest | 251 | 382 | 580 | 742 | 788 | 976 | 1,293 | 1,742 | 1,828 |
| Profit Before Tax | -95 | 149 | 250 | 151 | 80 | 536 | 659 | 28 | -477 |
| Tax | -32 | 55 | 64 | 40 | 18 | 131 | 162 | 4 | -124 |
| Net Profit | -63 | 94 | 187 | 112 | 62 | 405 | 498 | 24 | -353 |
| EPS in ₹ | -0.92 | 1.37 | 2.49 | 1.46 | 0.70 | 4.52 | 4.79 | 0.22 | -3.20 |
Utkarsh Small Finance Bank
Utkarsh Small Finance Bank
18.40
-0.13
(-0.70%)
Q1 Quarterly Results are out. Check out the updated financials2 days ago
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Key Fundamentals
Market Cap
3,274.32 Cr
EPS
0.22
PE Ratio
-9.36
Dividend Yield
0.00 %
Industry
Banks 52 Week High
36.49
52 Week Low
16.89
PB Ratio
0.84
Debt to Equity
0.00
Sector
Small Finance Bank Analyst Rating and Forecast
- By Refinitiv from1 analysts
Actual
Company News
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Utkarsh Small Finance Bank's Board of Directors approved a rights issue of equity shares for up to ₹950 crores. The bank will issue up to 67.79 crore fully paid-up equity shares at ₹14 per share (including ₹4 premium) to eligible shareholders in an 8:13 ratio based on October 14, 2025 record date. The issue opens on October 24, 2025 and closes on November 3, 2025. Rights entitlements have been credited to eligible shareholders' demat accounts under ISIN INE735W20017. The promoter Utkarsh CoreInvest Limited will renounce its rights entitlements to specific investors. Issue materials were dispatched via email on October 16, 2025 to shareholders with Indian addresses.
Utkarsh Small Finance Bank has set the price for its Rs 950 crore rights issue at Rs 14 per share, representing a 37.5% discount to Wednesday's closing price. The bank will issue approximately 68 crore equity shares with a face value of Rs 10, with the record date fixed for October 14. The promoter Utkarsh CoreInvest holds 68.92% stake, while institutional investors hold 13.14% and small investors own 17.94%. The stock closed at Rs 22.40 on BSE Wednesday, down 64% from its all-time high of Rs 62.75 in January 2024. The bank's share price has declined since April last year amid microfinance customer overindebtedness issues. The bank's gross non-performing assets ratio increased to 11.4% at the end of June from 2.8% a year earlier, resulting in a net loss of Rs 239 crore in the first quarter. Unsecured loans comprise about 55% of the bank's total portfolio of Rs 19,224 crore.
Utkarsh Small Finance Bank's board has approved a rights issue valued at up to ₹950 crore. The bank has scheduled a meeting for October 08, 2025 to confirm the details of this rights issue.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
871.90 | #1 65,034.87 | 29.55 | 1,446.00 | 19.10 | #1 761 | -1.80 | 67.69 | |
51.91 | 10,055.76 | 23.47 | 7,200.60 | 11.40 | 726 | -47.77 | 59.93 | |
58.69 | 6,693.62 | #1 -65.19 | #1 7,223.20 | 14.93 | 147 | -967.44 | 50.54 | |
449.00 | 4,724.68 | 11.25 | 5,485.70 | 17.11 | 501 | -22.44 | 34.26 | |
18.40 | #5 3,274.32 | #2 -9.36 | #4 4,364.80 | #1 21.96 | #7 24 | #7 -274.31 | 44.20 | |
148.78 | 1,581.38 | 20.03 | 2,171.00 | 20.07 | 115 | -49.64 | 52.70 | |
29.65 | 1,528.50 | -2.26 | 4,329.30 | 1.62 | -521 | -229.30 | 34.85 | |
280.30 | 1,269.37 | 9.43 | 994.50 | 15.32 | 132 | #1 6.67 | 40.29 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
21.96 %
Net Income Growth
-95.24 %
Cash Flow Change
-11.67 %
ROE
-95.22 %
ROCE
-23.01 %
EBITDA Margin (Avg.)
-24.96 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 4,524 | 6,239 | 9,404 | 12,138 | 15,064 | 19,117 | 23,903 | 28,127 |
| Fixed Assets | 87 | 87 | 110 | 125 | 286 | 302 | 301 | 324 |
| Current Assets | 639 | 604 | 1,761 | 1,368 | 2,109 | 2,799 | 3,442 | 3,949 |
| Capital Work in Progress | 1 | 3 | 22 | 56 | 1 | 2 | 10 | 63 |
| Investments | 661 | 862 | 1,192 | 2,314 | 2,348 | 2,859 | 3,680 | 4,958 |
| Other Assets | 3,775 | 5,287 | 8,081 | 9,643 | 12,429 | 15,955 | 19,912 | 22,783 |
| Total Liabilities | 4,524 | 6,239 | 9,404 | 12,138 | 15,064 | 19,117 | 23,903 | 28,127 |
| Current Liabilities | 129 | 245 | 475 | 654 | 845 | 1,057 | 1,462 | 1,233 |
| Non Current Liabilities | 4,395 | 5,994 | 8,930 | 11,484 | 14,218 | 18,060 | 22,441 | 26,895 |
| Total Equity | 412 | 773 | 1,020 | 1,368 | 1,572 | 2,000 | 2,973 | 2,975 |
| Reserve & Surplus | -58 | 36 | 260 | 520 | 677 | 1,104 | 1,874 | 1,873 |
| Share Capital | 470 | 737 | 759 | 848 | 896 | 896 | 1,100 | 1,102 |
Cash Flow
| Cash Flow | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -52 | 1,097 | -444 | 702 | 645 | 511 | 409 |
| Investing Activities | -171 | -322 | -533 | -739 | -693 | -620 | -777 |
| Operating Activities | 211 | 115 | -84 | 1,329 | 1,573 | 991 | 876 |
| Financing Activities | -92 | 1,304 | 172 | 111 | -235 | 140 | 311 |
Share Holding
| % Holding | Jul 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 69.28 % | 69.28 % | 69.16 % | 69.06 % | 69.02 % | 68.94 % | 68.93 % | 68.92 % | 68.92 % | 68.92 % |
| FIIs | 0.00 % | 2.07 % | 0.00 % | 0.87 % | 0.95 % | 0.99 % | 1.34 % | 0.99 % | 1.85 % | 1.68 % |
| DIIs | 10.34 % | 13.00 % | 9.93 % | 9.82 % | 10.61 % | 10.01 % | 8.23 % | 7.03 % | 2.78 % | 2.39 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.01 % | 0.01 % | 0.01 % | 0.01 % | 0.01 % | 0.01 % |
| Public / Retail | 4.60 % | 6.47 % | 9.28 % | 11.26 % | 11.84 % | 13.46 % | 14.41 % | 15.54 % | 17.94 % | 18.83 % |
| Others | 15.78 % | 9.19 % | 11.63 % | 8.99 % | 7.58 % | 6.59 % | 7.10 % | 7.50 % | 8.49 % | 8.17 % |
| No of Share Holders | 37,957 | 1,63,614 | 1,92,791 | 2,22,044 | 2,15,133 | 2,27,886 | 2,40,592 | 2,43,613 | 2,48,311 | 2,49,372 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.5 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.67 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 12 Jul 2024 |  Dividend | ₹ 0.50 /share | 12 Jul 2024 | 49.91 | 42.51 |
| 22 Jul 2024 |  Annual General Meeting | NA | 22 Jul 2024 | 45.77 | 42.46 |
| 09 Nov 2024 |  Quarterly Result Announcement | NA | 09 Nov 2024 | 34.95 | 34.69 |
| 14 Feb 2025 | Quarterly Result Announcement | NA | 14 Feb 2025 | 26.69 | 25.07 |
| 03 May 2025 | Quarterly Result Announcement | NA | 03 May 2025 | 21.39 | 21.01 |
| 02 Aug 2025 | Quarterly Result Announcement | NA | 02 Aug 2025 | 19.28 | 18.60 |
| 22 Aug 2025 | Annual General Meeting | NA | 22 Aug 2025 | 18.80 | 18.19 |
| 14 Oct 2025 |  Rights | 8:13 | 14 Oct 2025 | 18.51 | 19.70 |
Announcements
Announcement under Regulation 30 (LODR)-Newspaper Publication
5 days ago
5 days agoLetter Of Offer For Right Issue Of Equity SharesOct 10, 2025
Oct 10, 2025Corporate Action - Fixes Record Date For Right IssueOct 08, 2025
Oct 08, 2025Announcement Under Regulation 30 (LODR) - Raising Of FundsOct 08, 2025
Oct 08, 2025Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Held On October 08 2025 Approving The Terms Of The Rights Issue.Oct 08, 2025
Oct 08, 2025Announcement Under Regulation 30 (LODR)- Raising Of FundsOct 07, 2025
Oct 07, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 06, 2025
Oct 06, 2025Business Updates For Quarter And Half Year Ended September 30 2025Oct 05, 2025
Oct 05, 2025Announcement under Regulation 30 (LODR)-Raising of FundsOct 02, 2025
Oct 02, 2025Board Meeting Intimation for To Consider And Decide The Terms And Conditions Of The Rights Issue Including But Not Limited To The Determination Of The Rights Issue Price Rights Entitlement Ratio Record Date Terms Of Payment And Other Related Matters.Oct 01, 2025
Oct 01, 2025Corporate Action-Intimation of Right issueOct 01, 2025
Oct 01, 2025Announcement Under Regulation 30 (LODR)-Raising Of FundsOct 01, 2025
Oct 01, 2025Board Meeting Outcome for Outcome Of Meeting Of The Board Of Directors Held On October 01 2025Oct 01, 2025
Oct 01, 2025Sale Of NPA And Written Off Loans To ARCSep 30, 2025
Sep 30, 2025Board Meeting Intimation for Fund Raise Through Issuance Of Equity SharesSep 28, 2025
Sep 28, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025Intimation Of Extension Of Timeline In Schedule Of Analyst/Institutional Investor MeetingsSep 04, 2025
Sep 04, 2025Certificate Of Compliance With Cyber Security Guidelines Issued By Reserve Bank Of India And SEBI Cybersecurity And Cyber Resilience Framework.Aug 30, 2025
Aug 30, 2025Announcement under Regulation 30 (LODR)-Investor PresentationAug 27, 2025
Aug 27, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 27, 2025
Aug 27, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 22, 2025
Aug 22, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMAug 22, 2025
Aug 22, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 19, 2025
Aug 19, 2025Announcement under Regulation 30 (LODR)-Credit RatingAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Credit RatingAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 07, 2025
Aug 07, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 04, 2025
Aug 04, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 04, 2025
Aug 04, 2025Announcement under Regulation 30 (LODR)-Investor PresentationAug 02, 2025
Aug 02, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 02, 2025
Aug 02, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 02, 2025
Aug 02, 2025Un-Audited Financial Results For Quarter Ended June 30 2025Aug 02, 2025
Aug 02, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On August 02 2025Aug 02, 2025
Aug 02, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 01, 2025
Aug 01, 2025Business Responsibility and Sustainability Reporting (BRSR)Jul 31, 2025
Jul 31, 2025Notice Of The 9Th Annual General Meeting And Annual Report For FY 2024-25Jul 31, 2025
Jul 31, 2025Reg. 34 (1) Annual Report.Jul 31, 2025
Jul 31, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 30, 2025
Jul 30, 2025Board Meeting Intimation for Intimation Of Board Meeting Of Utkarsh Small Finance Bank Limited Scheduled To Be Held On August 02 2025.Jul 30, 2025
Jul 30, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 29, 2025
Jul 29, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJul 21, 2025
Jul 21, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJul 20, 2025
Jul 20, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 15, 2025
Jul 15, 2025Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotJul 14, 2025
Jul 14, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 08, 2025
Jul 08, 2025Announcement under Regulation 30 (LODR)-Scheme of ArrangementJul 07, 2025
Jul 07, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 05, 2025
Jul 05, 2025Business Updates For Quarter Ended June 30 2025Jul 05, 2025
Jul 05, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJul 01, 2025
Jul 01, 2025Closure of Trading WindowJun 27, 2025
Jun 27, 2025Mutual Fund Holdings
| Funding House | Current Holding % | 1M Change | 1M Change % | 3M Change % | Last 6M Trend |
|---|---|---|---|---|---|
 Aditya Birla Sun Life Banking & Financial Services Fund Direct-Growth | 0.11% | 0 | 0.00% | 0.00% | |
| Aditya Birla Sun Life Multi-Cap Fund Direct-Growth | 0.00% | 0 | 0.00% | 0.00% | |
 Bandhan Nifty Total Market Index Fund Direct-Growth | 0.00% | 0 | 0.00% | 0.00% | |
 Groww Nifty Total Market Index Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% | |
 Mirae Asset Balanced Advantage Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% | |
| Mirae Asset Banking and Financial Services Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% | |
| Mirae Asset ELSS Tax Saver Fund Direct-Growth | 0.00% | 0 | 0.00% | 0.00% | |
| Mirae Asset Midcap Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% | |
| Mirae Asset Multi Asset Allocation Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% | |
| Mirae Asset Nifty Total Market Index Fund Direct-Growth | 0.00% | 0 | 0.00% | 0.00% | |
 Motilal Oswal Nifty Microcap 250 Index Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% | |
| Motilal Oswal Quant Fund Direct-Growth | 0.00% | 0 | 0.00% | 0.00% |
Technical Indicators
RSI(14)
Neutral 51.28
ATR(14)
Less Volatile 0.69
STOCH(9,6)
Neutral 27.20
STOCH RSI(14)
Neutral 26.99
MACD(12,26)
Bearish -0.05
ADX(14)
Weak Trend 20.70
UO(9)
Bearish 45.58
ROC(12)
Downtrend And Accelerating -1.59
WillR(14)
Neutral -55.07
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