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Utkarsh Small Finance Bank share price & results

Utkarsh Small Finance Bank Limited· Financial Services

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Small finance bank serving micro, MSME, retail & housing borrowers across 27 states via 1,110 banking outlets.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue884 ₹ crore+0.3% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating marginUnavailable—Operating profit / revenueQuarter to Jun 2026Not in the filed figures for the quarter to jun 2026. No older figure is substituted.
Net profit-34.0 ₹ crore—Quarterly, as filedQuarter to Jun 2026Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown.
Return on equity-32.86 %−40.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow marginUnavailable—Fiscal yearFY ending Mar 2026Not in the analysed materials. No older figure is substituted.
Revenue growth (YoY)-8.10 %−28.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 4 judged targets kept · 14 open · verdicts reflect calls analysed to Q1 FY27.

Utkarsh Small Finance Bank Limited management guidance track record on Inve: 18 targets tracked across analysed earnings calls (2 achieved, 2 missed, 14 open).

TargetOriginal wordingSaidLatest callVerdict
JLG Loan Book GrowthWe expect JLG loan book decline to get arrested by end of quarter 1 FY '26.
Call transcript, Q4 FY25 · 9 May 2025		Q4 FY25Q1 FY27:Historical promise, no new updates.
Call transcript, Q1 FY27 · 3 Aug 2026		Missed
Loan Book GrowthFor the next 2-3-years period, the Bank targets the loan book growth of around 25%
Call transcript, Q2 FY26 · 19 Nov 2025		Q2 FY26Q1 FY27:Reiterated guidance for 25% to 30% growth for FY27 and FY28.
Call transcript, Q1 FY27 · 3 Aug 2026		On Track

Source: Inve Guidance Tracker for Utkarsh Small Finance Bank Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

2 of Utkarsh Small Finance Bank Limited's 18 targets were missed. See which ones, and which are quietly gone. The 2 above are the free sample; 16 more targets are in the full ledger.

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Price

₹11.8 +0.68% · +₹0.08

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −45.6% 1Y

₹10.0₹15.0₹20.0Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 19 Nov 2025Q3 FY26 — 2 Feb 2026Q4 FY26 — 11 May 2026Q1 FY27 — 3 Aug 2026

1Y: ₹21.71 on 24 Oct 2025 → ₹11.8. High ₹21.71 (24 Oct 2025), low ₹10.22 (30 Mar 2026).

Previous close
₹11.72
Market cap
₹2.1k Cr
52-week range
₹10.22 – ₹20.52
One year
−42.50%
Return on equity (TTM to Jun 2026)
-32.86%

Overview

Symbol
NSE:UTKARSHBNK
Exchange
NSE
Currency
INR

What Utkarsh Small Finance Bank Limited does

Based on the company's own presentations, annual report and earnings calls.

Utkarsh Small Finance Bank is a scheduled commercial bank licensed by the RBI as a Small Finance Bank, evolved from a microfinance NBFC (Utkarsh CoreInvest) into a full-fledged bank commencing SFB operations in January 2017. It lends through Micro-Banking (Joint Liability Group and individual micro-business loans), Other Retail Loans (MSME, housing, gold, and commercial vehicle/construction equipment loans), and Wholesale Lending to small and mid-sized corporates, funded by current, savings, and term/recurring deposits gathered through its branch network. Beyond lending and deposit-taking, it earns fee income by distributing third-party insurance, mutual funds, and payment/remittance services to its customer base. Its core franchise remains rural and semi-urban households and small businesses in Bihar and Uttar Pradesh, while it expands retail lending and deposit-gathering into new geographies for diversification.

Segments

  • Micro-Banking
  • Other Retail Loans
  • Wholesale Lending
  • Liability & Deposit Products
Banking outlets
1,110 (Mar 2026)
States & Union Territories covered
27
Total customers
5.19 million (Mar 2026)
Employees
18,400 (Mar 2026)
ATM / micro-ATM network
373 ATMs plus 787 micro-ATMs
Unbanked Rural Centres (URCs)
298
Founded 2016Employees 18,400 (March 31, 2026) Company website

How the price took the results

close before → close after

Q1 FY27
−0.4%
3 Aug
Q4 FY26
−7.1%
11 May
Q3 FY26
−0.7%
2 Feb
Q2 FY26
+0.1%
19 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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