Ujjivan Small Finance Bank Ltd Share Price – NSE /  BSE

Banks, Small Cap

Ujjivan Small Finance Bank will hold a meeting of the Board of Directors of the Company on 24 October 2024

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Ujjivan Small Finance Bank has allotted 2,77,670 equity shares under ESOP on 09 October 2024. Consequently, the paid up equity share capital has increased from Rs. 19,34,18,42,430 to 19,34,46,19,130.

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On quarter on quarter (QoQ) basis, the total deposits grew by 5% in Q2 FY25 from Rs 32,514 crore as on 30 June 2024.

As of 30 September 2024, the bank's CASA (current account savings account) deposits stood at Rs 8,822 crore, registering a 26% growth from Rs 7,012 crore in the same quarter last year and a 6% increase from Rs 8,334 crore as of 30 June 2024.

The CASA ratio improved to 25.9% in September 2024, up from 24.1% posted in September 2023 and 25.6% recorded in 30 June 2024.

As on 30 September 2024, the bank's gross loan book stood at Rs 30,344 crore, up 14% YoY and 1% QoQ.

The bank's gross loan book includes IBPC (Inter-Bank Participation Certificates) and securitization amounts of Rs 578 crore as of September 2024, compared to Rs 1,685 crore as of September 2023 and Rs 2,369 crore as of June 2024. This also includes the M-LAP (Mortgage-Linked Advance Product).

In Q2 FY25, the bank’s reported disbursements of Rs 5,374 crore, representing a 7% decline YoY but a 2% increase compared to the previous quarter. The bank's PAR (Portfolio at Risk) ratio improved to 5.1% in Q2 FY25 as compared to 3.7% in the same quarter last year and 4.2% in Q1 FY25.

The bank’s GNPA (Gross Non-Performing Assets) ratio stood at 2.5% as of 30 September 2024, an increase from 2.2% as of 30 September 2023, and up from 2.3% as of 30 June 2024. Additionally, collection efficiency for Q2 FY25 was reported at 97%, down from 98% in Q2 FY24 and 99% in Q1 FY25.

Ujjivan Small Finance Bank was established as a non banking financial services company in the year 2005 with the mission to provide a full range of financial services to the ‘economically poor’ who were not adequately served by financial institutions.

The bank reported 7.1% fall in net profit to Rs 301.08 crore in Q1 FY25 as against 324.07 crore posted in Q1 FY24. The bank’s total income jumped 21.2% YoY to Rs 1,774.27 in Q1 FY25.

The counter rose 0.92% to end at Rs 40.45 on Friday, 4 October 2024.

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Ujjivan Small Finance Bank has granted 66,375 stock options under ESOP.

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