Bengaluru, Oct 19: Ujjivan Small Finance Bank ltd., today announced its financial performance for the quarter ended Sep, 2026.
Summary of Ujjivan Small Finance Bank Business Performance – Q2FY27:
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Deposits
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Deposits crossed milestone of ₹50,000 Cr, reaching ₹50,643 Crore, up 29.2% YoY / 5.2% QoQ
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CASA at ₹13,176 Crore up 22.2% YoY with CASA ratio at 26.0%
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CoF for Q2FY27 at 6.9%, down 0.4% YoY
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Bank launched ASBA facility for the customers in the quarter
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Assets
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Gross loan book at ₹45,699* Crore, up 32.1% YoY / 6.5% QoQ
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Highest quarterly disbursement at ₹10,495 Crore up 32.3% YoY
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Secured book at ₹23,803 Crore, taking secured book share to 52.1%
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Affordable Housing crossed ₹10,000 Crore mark, reaching ₹10,056 Crore up 31.4% YoY
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Collection and Asset Quality
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Portfolio at Risk at 3.57% (Sep’26) versus 4.44% (Sep’25), Down 88 bps YoY
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GNPA / NNPA improved YoY to 2.10%/0.31% vs 2.45%/0.67%
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Provision coverage ratio increased by 12% YoY to 85%
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Group and Individual Loan Bucket-X collection efficiency improved to 99.71% for Q2FY27
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Financials
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Highest PAT of ₹365 Crore up 199.9% YoY and 15.3% QoQ
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Highest ever quarterly NII at ₹1,244 Crore up 35% YoY, NIM stable at 8.4% up 55 bps YoY
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Improved Cost to Income to 62% improving by 4.9% YoY and 0.5% QoQ
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RoA at 2.4%, up 1.4% YoY with RoE at 19.7% up 12% YoY
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Capital and Liquidity
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Capital adequacy ratio at 20.69%
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Strong liquidity with Average Daily LCR for Q2FY27 at 131%
Ms. Carol Furtado, Whole Time Director & Interim CEO, Ujjivan Small Finance Bank said
“to continue the growth momentum, board approved fund raise through Preferential Issue of ₹409 Cr from – International Finance Corporation, Bajaj Life Insurance Ltd., HDFC Life Insurance and Aditya Birla Sun Life Insurance, subject to shareholders approval. Since fund raise is being done at a premium to current BVPS, it will lead to accretion of ~₹0.8 per share as of Sep’ 26. Additionally, the bank has enhanced its funding mix, by increasing the securitization pool by ₹500 Cr in Oct month.
Based on his request on health grounds, Mr. Sanjeev Nautiyal retired early, the NRC is actively engaged to ensure timely submission of MD candidate to the regulator.
The Bank delivered highest quarterly PAT of ₹365 Cr, with RoA and RoE at 2.4% and 19.7%, respectively. This performance is supported by robust credit expansion, a growing deposit franchise, an increasing share of secured assets and all-round financial discipline. The Bank remains on track to achieve the upper end of our guidance at 2.0% RoA. Bank will continue to invest in distribution, technology and customer engagement.
On the key operational performance total deposits increased by 29.2% year-on-year to ₹50,643 crore, crossing the ₹50,000 crore milestone, with CASA constituting 26.0% of deposits. The Bank maintained its cost of funds at 6.9%, supported by deposit repricing, although funding costs are expected to increase gradually. During the quarter, Ujjivan also introduced the ASBA facility to expand its suite of customer services.
The gross loan book grew by 32.1% YoY to ₹45,699 crore, with secured share increasing to 52.1%. Micro Banking assets reached ₹22,037 crore, with X bucket collection efficiency remaining strong at 99.71% for the Quarter. The business added approximately 2.0 lakh customers during the quarter, up 19% QoQ.
Growth across secured businesses remained healthy at 47% YoY. Affordable Housing reached ₹10,056 crore, while Micro Mortgages grew 85.7% to ₹2,031 crore. MSME increased 51.3% to ₹3,871 crore, Gold loan grew 209.8% to ₹1,275 crore, Agri Banking expanded 79.2% to ₹914 crore, and Two-Wheeler loan rose 64.8% to ₹1,081 crore. Asset quality remained stable, with GNPA / NNPA at 2.1%/0.3%. PCR for the quarter stood at 85%.
We launched our well-curated Brand Campaign in Sep’26 with new brand ambassador Padma Shri awardee Mr. R Madhavan. Ujjivan today has evolved significantly in terms of its scale, reach and breadth of offerings. The tagline, ‘Nothing Small About Us’ reflects the scale of Ujjivan’s aspirations, reach and the breadth of financial solutions it offers. This campaign will be run across TV, Print & digital, and is expected to reach around 35 Cr viewers. To support future growth, the Bank expanded its distribution network by adding 104 branches and strengthened organisational capacity through the addition of 1,335 employees during H1 FY27.”
