Utkarsh Small Finance Bank Limited (UTKARSHBNK) AI Stock Analysis

• Market Cap: ₹23.99B
• Dividend Yield: 2.24%
• Average Volume (3M): 128.08K
• Price to Earnings (P/E): 101.8
• Beta (1Y): 1.36
• Revenue Growth: 12.40%
• EPS Growth: -166.78%
• Country: IN
• Employees: 16,081
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): -2.17
• Shares Outstanding: 1,101,609,900
• 10 Day Avg. Volume: 124,726
• 30 Day Avg. Volume: 128,079
• PEG Ratio: -1.10
• Price to Book (P/B): 0.83
• Price to Sales (P/S): 0.57
• P/FCF Ratio: -0.73
• 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: ₹21.50
• Price Target Upside: -2.85% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: ₹21.50 ▼(-2.85% Downside)

The overall stock score of 46 reflects significant financial challenges, including declining revenue and profitability, as well as liquidity concerns. Technical analysis indicates a bearish trend, although some indicators suggest potential for recovery. The negative P/E ratio highlights valuation concerns, despite a reasonable dividend yield. The absence of earnings call data and notable corporate events limits further insights.

Utkarsh Small Finance Bank Limited Business Overview & Revenue Model

Company Description

Utkarsh Small Finance Bank Limited provides banking and financial services in India. The company offers savings account, fixed, recurring, and tax saver fixed deposits; debit, credit, and other cards; home, LAP retail, personal, gold, and other loans; life and general insurance; investment products; and remittance, bill payment, locker facility, overdraft facility against fixed deposits, ATM and branch banking, and internet and mobile banking services for individual customers. It also provides current and institutional banking accounts; micro banking group, MSME, wholesale, micro banking business, commercial vehicle and construction equipment, and other loans; life and general insurance; various investment products; and remittance, bill payment, ATM, and internet and mobile banking services for business customers. The company was incorporated in 2016 and is based in Varanasi, India. Utkarsh Small Finance Bank Limited operates as a subsidiary of Utkarsh CoreInvest Limited.

How the Company Makes Money

Utkarsh Small Finance Bank generates revenue primarily through the interest earned on loans provided to customers. The bank attracts deposits from individuals and businesses, which are then utilized to fund loans at a higher interest rate. This interest rate spread is a significant source of income. Additionally, the bank earns fees from various banking services, including account maintenance, transaction processing, and financial advisory services. It may also have partnerships with other financial institutions or fintech companies that enhance its product offerings and customer reach, contributing to its overall earnings. The bank’s focus on microfinance and small loans allows it to tap into a growing market segment, further supporting its revenue generation efforts.

Utkarsh Small Finance Bank Limited Financial Statement Overview

Summary

Utkarsh Small Finance Bank Limited faces a challenging financial environment with declining revenue and profitability, as evidenced by the income statement. While the balance sheet shows improved leverage, profitability metrics have weakened. The cash flow statement highlights liquidity concerns, with negative cash flows posing a risk to financial stability. Overall, the company needs to address revenue growth and cash flow management to improve its financial health.

Income Statement

The income statement shows a significant decline in revenue growth rate at -43.11% for the latest period, indicating a challenging environment. Margins have also deteriorated, with the net profit margin dropping to 1.44% from 21.77% the previous year. This suggests pressure on profitability, although the gross profit margin remains high at 100% due to the nature of the banking industry.

Balance Sheet

The balance sheet reflects moderate leverage with a debt-to-equity ratio of 0.79, which is an improvement from previous years. However, return on equity has decreased significantly to 0.80%, indicating reduced profitability on shareholders' equity. The equity ratio stands at 10.57%, suggesting a stable equity base relative to total assets.

Cash Flow

Cash flow analysis reveals significant challenges, with negative operating cash flow and free cash flow in the latest period. The free cash flow to net income ratio is positive at 1.05, but the overall cash flow position is concerning due to negative growth and coverage ratios, indicating potential liquidity issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	43.13B	43.65B	22.86B	28.04B	20.34B	9.64B
Gross Profit	24.84B	26.22B	22.86B	18.28B	12.46B	6.96B
EBITDA	-4.77B	1.04B	7.25B	5.94B	1.21B	1.81B
Net Income	-3.53B	237.00M	4.98B	4.05B	614.62M	1.12B
Balance Sheet
Total Assets	0.00	281.27B	239.03B	191.17B	150.64B	121.38B
Cash, Cash Equivalents and Short-Term Investments	0.00	34.37B	30.27B	25.16B	18.72B	11.70B
Total Debt	0.00	23.55B	61.96B	61.03B	54.33B	48.40B
Total Liabilities	-29.75B	251.53B	209.29B	171.17B	134.91B	107.70B
Stockholders Equity	29.75B	29.75B	29.73B	20.00B	15.72B	13.68B
Cash Flow
Free Cash Flow	0.00	-33.76B	10.41B	14.97B	11.82B	-1.63B
Operating Cash Flow	0.00	-32.18B	11.11B	15.73B	13.29B	-834.63M
Investing Cash Flow	0.00	-7.77B	-6.20B	-6.93B	-7.39B	-5.32B
Financing Cash Flow	0.00	44.04B	39.02B	34.01B	26.78B	1.72B

Utkarsh Small Finance Bank Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 22.13
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UTKARSHBNK, the sentiment is Positive. The current price of 22.13 is above the 20-day moving average (MA) of 21.73, above the 50-day MA of 21.37, and below the 200-day MA of 24.86, indicating a neutral trend. The MACD of 0.09 indicates Negative momentum. The RSI at 59.21 is Neutral, neither overbought nor oversold. The STOCH value of 64.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:UTKARSHBNK.

Utkarsh Small Finance Bank Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CAPITALSFB	73 Outperform	₹12.70B	9.48	―	1.87%	14.99%	19.59%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ARMANFIN	61 Neutral	₹16.32B	264.43	―	―	0.02%	-96.51%
UJJIVANSFB	58 Neutral	₹93.80B	17.73	―	3.10%	8.80%	-57.82%
EQUITASBNK	50 Neutral	₹65.09B	44.89	―	1.75%	13.47%	-115.98%
UTKARSHBNK	46 Neutral	₹23.99B	101.76	―	2.24%	12.40%	-166.78%