Ujjivan Small Finance Bank (UJJIVANSFB) Q4 25/26 earnings summary

Executive summary

• Gross loan book grew 27% YoY to ₹40,655 Cr as of March 2026, with secured advances up 44% YoY and now comprising 49% of the book; total deposits increased 21% YoY to ₹45,668 Cr, with the balance sheet crossing ₹50,000 Cr.

• Retail deposits exceeded ₹30,000 Cr, and savings accounts crossed ₹10,000 Cr.

• Profitability surged: Q4FY26 PAT rose 238% YoY to ₹282 Cr, with ROA at 2.1% and ROE at 17.2%.

• Asset quality improved, with GNPA at 2.3% and NNPA at 0.4% as of March 2026.

• Management and board strengthened with key appointments in digital, collections, and technology.

Financial highlights

• Total deposits at ₹45,668 Cr, up 21.4% YoY and 8.2% QoQ; CASA ratio improved to 28.6%.

• Gross loan book at ₹40,655 Cr, up 26.6% YoY and 9.7% QoQ; secured portfolio at ₹20,079 Cr, up 43.5% YoY.

• Q4 disbursements at record ₹9,811 Cr, up 32.1% YoY and 18.3% QoQ.

• Net profit for FY26 at ₹693 Cr; Q4 PAT at ₹282 Cr.

• Net interest income grew 26.4% YoY and 9.2% QoQ to ₹1,092 Cr; NIM for Q4 at 8.5%.

Outlook and guidance

• Advances expected to grow 25% in FY27; secured portfolio to reach 56% of total.

• ROA guidance for FY27 at 1.6%; credit cost expected to moderate to 1.4%-1.5% of average GLB.

• NIM expected to remain stable at 8.5%.

• Plan to open 140 new branches (20% increase) in FY27.

• Continued investments in digital, AI, and analytics to support growth.