Ujjivan Small Finance Bank Ltd. (UJJIVANSFB) AI Stock Analysis

• Market Cap: ₹115.05B
• Dividend Yield: 2.82%
• Average Volume (3M): 792.40K
• Price to Earnings (P/E): 27.6
• Beta (1Y): 1.01
• Revenue Growth: 6.15%
• EPS Growth: -64.12%
• Country: IN
• Employees: 22,566
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.60
• Shares Outstanding: 1,938,463,100
• 10 Day Avg. Volume: 640,665
• 30 Day Avg. Volume: 792,396
• PEG Ratio: -0.22
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 1.83
• P/FCF Ratio: -1.59
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹57.00 ▼(-3.96% Downside)

Ujjivan Small Finance Bank Ltd. has a moderate overall stock score driven primarily by strong technical indicators, suggesting bullish momentum. However, financial performance challenges, particularly in revenue growth and cash flow, weigh down the score. The valuation is moderate, with a reasonable P/E ratio and dividend yield, but not enough to significantly boost the overall score.

Positive Factors

Improved Leverage

Improved leverage indicates better financial management, reducing risk and enhancing the bank's ability to invest in growth opportunities.

Focus on Financial Inclusion

Targeting underserved markets can drive long-term growth as financial inclusion initiatives expand, increasing customer base and revenue potential.

Strategic Partnerships

Partnerships can expand market reach and improve customer acquisition, supporting sustainable revenue growth and competitive positioning.

Negative Factors

Declining Revenue Growth

A significant decline in revenue growth can hinder the bank's ability to expand and invest in new opportunities, impacting long-term profitability.

Negative Cash Flow

Negative cash flow indicates challenges in generating sufficient cash, which can limit operational flexibility and growth investments.

Decreased Profitability

Reduced profitability may affect the bank's ability to reinvest in business operations and maintain competitive advantage in the long term.

Ujjivan Small Finance Bank Ltd. Business Overview & Revenue Model

Company Description

Ujjivan Small Finance Bank Limited provides various banking and financial services in India. The company operates through Treasury, Retail Banking, and Corporate/Wholesale Banking segments. It provides current, savings, salary, and NRI accounts; and fixed, recurring, TASC fixed, and tax saver fixed deposits. The company's loan products include group loans, such as business, family, agriculture and allied, education, GL top-up, emergency, and loyalty loans; individual loans comprising individual business, livestock, agriculture, and bazar loans, as well as home improvement loans, open market livestock and home improvement loans; housing loans; vehicle loans; and gold loans. Its loan products also comprise micro and small enterprise loans, which include loan against property, secured enterprise and business loans, overdraft against property, and business edge term loans; business edge overdrafts; loan against rent receivables; emergency credit line guarantee scheme; personal loans; and financial institutions group loans. The company also offers mobile, phone, net, SMS, and missed call banking services; debit and credit cards; and insurance products, such as credit life, endowment, term, PAR, POS, ULIP, motor, property, home content, health, and personal accident insurance. In addition, it is involved in retail forex and trade. As of March 31, 2022, the company operated 575 banking outlets; and 492 automated teller machines (ATMs), including 54 automated cash recyclers (ACR). The company was incorporated in 2016 and is headquartered in Bengaluru, India. Ujjivan Small Finance Bank Limited is a subsidiary of Ujjivan Financial Services Limited.

How the Company Makes Money

Ujjivan Small Finance Bank generates revenue primarily through interest income from loans and advances provided to customers. The bank charges interest on various loan products, including microloans, personal loans, and small business loans, which constitutes a significant portion of its earnings. Additionally, the bank earns income from fees and commissions on banking services, such as account maintenance fees, transaction fees, and charges for other financial services. Ujjivan Small Finance Bank also benefits from interest earned on investments in government securities and bonds. The bank's focus on financial inclusion has led to strategic partnerships with various organizations, enhancing its outreach and customer acquisition, thereby contributing to its overall revenue growth.

Ujjivan Small Finance Bank Ltd. Financial Statement Overview

Summary

Ujjivan Small Finance Bank Ltd. faces challenges in revenue growth and cash flow generation, impacting its overall financial health. While the balance sheet shows improved leverage, profitability metrics have declined. The bank needs to address operational inefficiencies and enhance cash flow management to improve its financial standing.

Income Statement

Ujjivan Small Finance Bank Ltd. has experienced a significant decline in revenue growth, with a negative growth rate of -41.81% in the most recent year. The net profit margin has decreased to 19.44% from 32.19% the previous year, indicating reduced profitability. However, the company maintains a strong gross profit margin of 100%, which is typical for banks due to the nature of their revenue recognition. The EBIT and EBITDA margins have also decreased, reflecting operational challenges.

Balance Sheet

The bank's debt-to-equity ratio has improved to 0.47 from 1.52, indicating better leverage management. Return on equity has decreased to 11.94% from 22.83%, suggesting reduced efficiency in generating profits from shareholders' equity. The equity ratio stands at 12.76%, showing a stable capital structure. Overall, the balance sheet reflects a moderate level of financial stability with some room for improvement in profitability.

Cash Flow

The cash flow statement reveals significant challenges, with negative operating cash flow and free cash flow in the most recent year. The free cash flow growth rate is negative, indicating a decline in cash generation capabilities. The operating cash flow to net income ratio is negative, highlighting inefficiencies in converting income into cash. The free cash flow to net income ratio is slightly above 1, suggesting some alignment between cash flow and reported earnings, but overall cash flow performance is weak.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	71.82B	70.88B	63.25B	47.55B	31.75B	31.09B
Gross Profit	43.37B	43.70B	40.57B	32.88B	21.35B	20.32B
EBITDA	6.77B	10.76B	18.00B	15.58B	-4.70B	869.98M
Net Income	5.28B	7.26B	12.81B	11.00B	-4.15B	82.97M
Balance Sheet
Total Assets	0.00	476.89B	404.22B	333.17B	236.04B	203.80B
Cash, Cash Equivalents and Short-Term Investments	0.00	31.57B	25.24B	1.85B	21.68B	19.33B
Total Debt	0.00	28.45B	85.07B	85.35B	78.41B	76.30B
Total Liabilities	-60.83B	416.06B	348.09B	291.08B	208.02B	171.62B
Stockholders Equity	60.83B	60.83B	56.13B	42.09B	28.03B	32.19B
Cash Flow
Free Cash Flow	0.00	-43.07B	15.23B	9.34B	24.95B	25.99B
Operating Cash Flow	0.00	-41.40B	17.69B	10.60B	25.47B	26.57B
Investing Cash Flow	0.00	-17.93B	-71.36B	-20.96B	-8.41B	-13.56B
Financing Cash Flow	0.00	65.67B	55.77B	11.86B	-14.84B	-7.06B

Ujjivan Small Finance Bank Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 59.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UJJIVANSFB, the sentiment is Positive. The current price of 59.35 is above the 20-day moving average (MA) of 54.38, above the 50-day MA of 53.62, and above the 200-day MA of 47.05, indicating a bullish trend. The MACD of 1.15 indicates Negative momentum. The RSI at 68.15 is Neutral, neither overbought nor oversold. The STOCH value of 82.18 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:UJJIVANSFB.

Ujjivan Small Finance Bank Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CAPITALSFB	72 Outperform	₹11.92B	8.78	―	1.97%	13.76%	11.77%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
UJJIVANSFB	60 Neutral	₹115.05B	27.55	―	2.82%	6.15%	-64.12%
SURYODAY	57 Neutral	₹15.09B	23.14	―	―	―	―
EQUITASBNK	56 Neutral	₹76.39B	-83.79	―	1.63%	10.02%	-120.18%
UTKARSHBNK	45 Neutral	₹25.46B	-2.47	―	2.82%	2.35%	-261.81%
CENTRUM	39 Underperform	₹12.78B	-8.91	―	―	47.88%	11.61%

Ujjivan Small Finance Bank Ltd. Corporate Events

Ujjivan Small Finance Bank Schedules Virtual Investor Meet With Polar Capital

Ujjivan Small Finance Bank has informed the stock exchanges that it will hold a virtual investor and analyst meeting with Polar Capital Holdings PLC on December 23, 2025, between 1:00 pm and 2:00 pm, hosted from Bangalore. The bank noted that the meeting was scheduled at short notice in compliance with SEBI listing regulations, emphasized that no unpublished price-sensitive information will be shared during the interaction, and indicated that any changes in schedule would be due to exigencies, with details also made available on its website, underscoring its commitment to transparent and timely investor communication.

Ujjivan Small Finance Bank Schedules Investor Meetings for December 2025

Ujjivan Small Finance Bank Ltd. has announced a schedule for upcoming investor and analyst meetings in December 2025, to be held in Bengaluru and Mumbai. These meetings are part of the bank’s efforts to engage with investors and analysts, ensuring transparency and communication about its operations. The bank has assured that no unpublished price-sensitive information will be disclosed during these meetings, highlighting its commitment to regulatory compliance and stakeholder trust.

Ujjivan Small Finance Bank Schedules Investor Meeting in Bengaluru

Ujjivan Small Finance Bank Limited has announced an upcoming investor and analyst meeting scheduled for December 2, 2025, in Bengaluru. The meeting will involve several prominent investment firms such as Sundaram Mutual Fund, Bajaj Life, and Kotak MF, among others. The bank has assured that no unpublished price-sensitive information will be disclosed during the meeting, maintaining compliance with regulatory standards.

Ujjivan Small Finance Bank Releases Q2 FY ’26 Earnings Call Transcript

Ujjivan Small Finance Bank Limited has released the transcript of its quarterly earnings call for the quarter and half-year ended September 30, 2025. The release of this transcript provides stakeholders with insights into the bank’s financial performance and strategic direction, potentially impacting investor relations and market positioning.

Ujjivan Small Finance Bank Releases Earnings Call Recording

Ujjivan Small Finance Bank Limited has announced the availability of the audio recording of its earnings and quarterly conference call, which discussed the financial performance for the quarter and half-year ending September 30, 2025. This disclosure is part of the bank’s compliance with regulatory requirements, ensuring transparency and accessibility of financial information to stakeholders.

Ujjivan Small Finance Bank Schedules Investor Call to Discuss Q2FY26 Results

Ujjivan Small Finance Bank Limited has announced a scheduled conference call for investors and analysts on October 17, 2025, to discuss the financial results for the quarter and half-year ended September 30, 2025. This call will provide insights into the bank’s financial performance and strategic direction, potentially impacting its market positioning and stakeholder interests.

Ujjivan Small Finance Bank Ensures Compliance with SEBI Regulations

Ujjivan Small Finance Bank Ltd. has submitted a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ending September 30, 2025. This certification, provided by their Registrar and Transfer Agent, KFin Technologies Limited, confirms the dematerialization and rematerialization of securities, ensuring compliance with regulatory requirements and maintaining transparency with stakeholders.