Utkarsh Small Finance Bank Ltd
UTKARSHBNKUtkarsh Small Finance Bank Ltd
UTKARSHBNK
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 9.50 | 1.69 | 1.10% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 18.47 | 2.57 | 0.77% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Utkarsh Small Finance Bank Limited (the Bank) is an India-based small finance bank. The Bank is engaged in providing banking and financial services. The Bank’s product portfolio includes asset products that it advances to customers located primarily in unbanked and underbanked areas and liability products in the form of deposits that it sources from customers across regions. Its segments include Corporate/ Wholesale Banking, Retail Banking, Treasury and Other Banking Operations. Its Corporate/ Wholesale Banking segment includes lending, deposits and other banking services provided to corporate customers of the Bank. Its Retail Banking segment includes lending, deposits and other banking services provided to retail customers of the Bank through a branch network. Its Treasury segment includes dealings in statutory liquidity ratio (SLR) and non-SLR investments, maintenance of reserve requirements and resource mobilization from other banks and financial institutions.
Peers
Compare with peersAditya Birla Capital Ltd
Motilal Oswal Financial Services Ltd
Cholamandalam Financial Holdings Ltd
Piramal Enterprises Ltd
Nuvama Wealth Management Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 90.21 | 561.86 | 939.09 | 1,406.25 | 1,705.84 | 2,033.64 | 2,804.29 | 3,578.81 | 3,837.00 | |||||||||
Raw Materials | — | — | — | — | — | — | — | — | 3,135.91 | |||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | ||||||||||
| Employee Cost | 20.74 | 126.58 | 186.57 | 262.16 | 326.20 | 429.83 | 570.06 | 736.95 | ||||||||||
| Selling & Administrative Expenses | 5.40 | 31.99 | 61.87 | 92.27 | 84.84 | 119.28 | 162.51 | 195.95 | ||||||||||
| Operating & Other expenses | 56.12 | 481.73 | 525.54 | 775.98 | 1,113.78 | 1,363.94 | 1,477.26 | 1,921.25 | ||||||||||
EBITDA | 7.95 | -78.44 | 165.11 | 275.84 | 181.02 | 120.59 | 594.46 | 724.66 | 701.09 | |||||||||
| Depreciation/Amortization | 1.41 | 16.37 | 16.29 | 25.41 | 29.58 | 40.88 | 58.66 | 65.27 | — | |||||||||
| PBIT | 6.54 | -94.81 | 148.82 | 250.43 | 151.44 | 79.71 | 535.80 | 659.39 | 701.09 | |||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | |||||||||
| PBT | 6.54 | -94.81 | 148.82 | 250.43 | 151.44 | 79.71 | 535.80 | 659.39 | 701.09 | |||||||||
| Taxes & Other Items | 1.69 | -31.79 | 54.92 | 63.67 | 39.62 | 18.25 | 131.31 | 161.76 | 173.53 | |||||||||
| Net Income | 4.85 | -63.02 | 93.90 | 186.76 | 111.82 | 61.46 | 404.49 | 497.63 | 527.56 | |||||||||
| EPS | 0.16 | -1.64 | 1.56 | 2.50 | 1.39 | 0.70 | 4.52 | 4.99 | 4.80 | |||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 | 0.00 | |||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.00 |
Company Updates
Annual report
PDFPeers & Comparison
FinancialsDiversified Financials
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Utkarsh Small Finance Bank Ltd | 10.07 | 1.69 | 1.10% |
| Aditya Birla Capital Ltd | 17.93 | 2.09 | — |
| Motilal Oswal Financial Services Ltd | 18.80 | 5.23 | 0.55% |
| Cholamandalam Financial Holdings Ltd | 20.54 | 1.65 | 0.03% |
Price Comparison
Compare UTKARSHBNK with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Utkarsh Small Finance Bank Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Mirae Asset ELSS Tax Saver Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.8304% | Percentage of the fund’s portfolio invested in the stock 0.57% | Change in the portfolio weight of the stock over the last 3 months 0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 75/93 (-2) |
Mirae Asset Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.1075% | Percentage of the fund’s portfolio invested in the stock 0.62% | Change in the portfolio weight of the stock over the last 3 months -0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 78/87 (-5) |
Aditya Birla Sun Life Multi-Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.9214% | Percentage of the fund’s portfolio invested in the stock 0.75% | Change in the portfolio weight of the stock over the last 3 months -0.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 61/78 (+2) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 12, 2024
Dividend/Share
₹0.50
Ex DateEx Date
Jul 12, 2024
Utkarsh Small Finance Bank will hold a meeting of the Board of Directors of the Company on 20 September 2024.Powered by Capital Market - Live
Utkarsh Small Finance Bank is engaged in providing banking and financial services with a focus on providing financial services to the underserved and unserved sections. The bank's microfinance lending activities are primarily focused in rural and semi-urban locations of the country while its other services are spread across the country. The bank's standalone net profit jumped 27.81% to Rs 137.39 crore in Q1 FY25 as against Rs 107.49 crore recorded in Q1 FY24.Total income stood at Rs 1,070.56 crore in Q1 FY25, registering a growth of 31.78% from Rs 812.39 crore reported in the corresponding quarter previous year. Shares of Utkarsh Small Finance Bank rose 0.31% to Rs47.93 on the BSE. Powered by Capital Market - Live
The Board of Utkarsh Small Finance Bank will meet on 20 September 2024 to consider raising of funds by issuance of Tier II Capital aggregating up to Rs. 200 crore through issue of Non- Convertible Debentures (NCDs). Powered by Capital Market - Live
Utkarsh Small Finance Bank has appointed Pramod Kumar Dubey as President & Chief Business Officer of the Bank with effect from 12 September 2024.Powered by Capital Market - Live
Utkarsh Small Finance Bank has allotted 2,73,550 equity shares under ESOP. With this allotment, the paid up equity share capital has increased to 1,10,11,82,305 equity shares of Rs 10 each. Powered by Capital Market - Live
Net profit of Utkarsh Small Finance Bank rose 27.81% to Rs 137.40 crore in the quarter ended June 2024 as against Rs 107.50 crore during the previous quarter ended June 2023. Total Operating Income rose 34.06% to Rs 965.92 crore in the quarter ended June 2024 as against Rs 720.50 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Total Operating Income965.92720.50 34 OPM %49.1148.73 - PBDT186.24144.57 29 PBT186.24144.57 29 NP137.40107.50 28 Powered by Capital Market - Live
Utkarsh Small Finance Bank will hold a meeting of the Board of Directors of the Company on 3 August 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 30.68%, vs industry avg of 10.96%
Increasing Market Share
Over the last 5 years, market share increased from 0.99% to 2.79%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 39.59%, vs industry avg of 24%