NSE: Ujjivan Small Finance Bank Ltd share has increased by -1.60 in the last 1 month,+27.60
The top Brokerage company has a set Union Bank share price target at 391rs for a few future months.
Ujjivan Small Finance Bank Ltd Q3 Result Overview
Sales soared to Rs. 14,706.30 million, marking a 35.97% increase for the December 2023 quarter compared to Rs. 10,815.90 million in the same quarter the previous year. A modest growth of 2.34% was recorded for the quarter ending December 2023, rising to Rs. 3,000.60 million from Rs. 2,931.90 million.
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Ujjivan Small Finance Bank Ltd about
Ujjivan Small Finance Bank Limited is an Indian small finance bank based in Bangalore, which started operations on 1 February 2017. Ujjivan Financial Services holds an 80 percent stake in the bank. The founder is Samit Ghosh and currently more than 16000 employees are working.
Ujjivan Small Finance Bank Financial data and 52-week low and high
Ujjivan Small Finance Bank currently boasts a market capitalization of 10.69 trillion rupees. The price-to-earnings (P/E) ratio stands at 8.63, indicating the valuation relative to its earnings. The dividend yield is at 2.27%, reflecting the annual dividend income as a percentage of the stock’s current market price. Over the past 52 weeks, the bank’s stock reached a high of 63.00 rupees and a low of 22.75 rupees, illustrating the range of its market performance during that period.
Ujjivan Small Finance Bank: Strengths and Limitations
Strengths:
- Consistent Net Interest Margin (NIM): The company has maintained a commendable Net Interest Margin of 8.34% consistently over the past 3 years.
- Robust Capital Adequacy Ratio: With a Capital Adequacy Ratio of 25.81%, the bank showcases strong financial health and resilience.
- Profit Growth: Over the last 3 years, Ujjivan Small Finance Bank has achieved a noteworthy Profit growth of 46.49%.
Limitations:
- Low Return on Assets (ROA): Ujjivan Small Finance Bank has a track record of low ROA, with an average of 0.67% over the past 3 years.
- CASA Growth: The bank experiences a negative growth in Current and Savings Accounts (CASA) of -0.88% Year on Year, indicating a relatively slow pace in this key area.
- Low Return on Equity (ROE): The ROE for the bank stands at 6.35% over the last 3 years, reflecting a comparatively modest return on shareholders’ equity.
- High Cost-to Income Ratio: Ujjivan Small Finance Bank bears a relatively high Cost to Income Ratio of 54.82%, suggesting that a significant portion of its earnings is consumed by operating costs.
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