Utkarsh Small Finance Bank Limited

Utkarsh Small Finance Bank Limited (UTKARSHBNK) is a micro-cap Financial Services company valued at ₹2,363 crore operating in Other Bank on the NSE and BSE.

Recent price move

Utkarsh Small Finance Bank Limited last traded at ₹13.32, modestly down 1.11% on the day.

Recent developments

On 2026-10-07, the company's share price rose 7% following positive business updates for Q2 FY27, highlighting growth in total and non-JLG disbursements, deposits, and CASA ratio. On 2026-10-06, Q2 disbursements surged 54.9% year-on-year to ₹3,525 crore, with total loans rising 7.5% to ₹20,063 crore. On 2026-08-02, the company reported a net loss of ₹34 crore for Q1, marking its fifth consecutive quarterly loss due to ongoing asset quality stress.

Financial performance

The company's business has deteriorated significantly, with annual net profit swinging from a profit of ₹24 crore to a loss of ₹1,151 crore. The latest quarter showed a loss of ₹34 crore, which narrowed from a loss of ₹239 crore in the same quarter a year earlier. Margins and returns are deeply negative, with a net profit margin of -34.1% and return on equity of -41.5%, while return on capital employed remains at 1.4%.

Valuation multiples

The stock trades at 2.8 times earnings, a discount to the Financial Services median of 19.3, 0.95 times book value. It yields 3.4%.

Things to watch

The company reported a net loss of ₹1,151 crore in its latest financial year, with a net profit margin of -34.1% and return on equity of -41.5%. The stock is 39.8% below its 52-week high, and the latest quarter's net loss of ₹34 crore, while narrower than the previous year's loss of ₹239 crore, still reflects persistent financial strain.

Where it stands

The company is in a severe financial downturn, with annual net profit turning from a profit to a loss of ₹1,151 crore. Recent developments show some positive signs in disbursements and loan growth, but the latest quarter's net loss of ₹34 crore and negative margins indicate ongoing challenges. The stock is 39.8% below its 52-week high, reflecting the current state of the business.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.