Skip to content
Utkarsh Small Finance Bank logo

Utkarsh Small Finance Bank

UTKARSHBNK NSE
₹11.72 No trade today
P/E
Not meaningful: loss-making over the last twelve months
View as Markdown
MCP
Close 4 Nov 2026 ₹11.72 −5.48 −31.9% 1Y
Start ₹17.20

Key Fundamentals

MicrocapBanksFinancial Services

Price-based figures as of · EPS basis: Standalone · TTM

EPS (TTM)
−₹5.32
Book Value
₹15.60
Market Cap
—
P/E (TTM)
Not meaningful: loss-making over the last twelve months
P/B
0.75
ROE
−40.00%
Dividend Yield
4.11%
52W High
₹18.80
52W Low
₹10.12
Volume
0
ROCE
Not meaningful for a lender: the ratio describes an industrial company’s balance sheet
Debt to Equity
Not meaningful for a lender: the ratio describes an industrial company’s balance sheet
EBITDA
Not meaningful for a lender: the ratio describes an industrial company’s balance sheet

Peer Comparison

Financial Services › Banks › Small Finance Bank › Other Bank

Utkarsh Small Finance Bank peer comparison
AU Small Finance Bank
₹904.3521.48₹66,448 Cr3.160.11%14.20%—₹20,661 Cr₹3,154 Cr
Ujjivan Small Finance Bank
₹56.7012.14₹11,244 Cr1.492.64%10.80%—₹7,338 Cr₹907 Cr
Equitas Small Finance Bank
₹55.4512.40₹6,401 Cr0.971.90%1.68%—₹7,106 Cr₹511 Cr
Jana Small Finance Bank
₹405.2511.24₹4,167 Cr0.880.00%7.60%—₹5,637 Cr₹380 Cr
ESAF Small Finance Bank
₹41.35—₹2,136 Cr1.051.71%−8.86%—₹3,807 Cr−₹5 Cr
Utkarsh Small Finance Bank (this company)
₹11.72—₹2,052 Cr0.754.11%−40.00%—₹3,381 Cr−₹945 Cr
Suryoday Small Finance Bank
₹147.308.16₹1,489 Cr0.711.09%7.58%—₹2,287 Cr₹192 Cr
Median 7 companies₹56.7012.14₹4,167 Cr0.971.71%7.58%—₹5,637 Cr₹380 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

35 Poor

Data confidence 93/100

Category scores

Quality
28
Poor
Returns, margins, earnings quality 22% weight
Valuation
89
Strong
Cheap vs sector & own history 24% weight
Growth
7
Poor
Sales & profit trajectory 9% weight
Financial Health
4
Poor
Solvency, leverage, coverage 9% weight
Momentum
12
Poor
Trend strength, vol-adjusted 12% weight
Ownership
30
Poor
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Stock is trading at 0.88 times its book value

Weaknesses

4
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -7.56% over last 3 years.
  • Earnings include an other income of Rs.412 Cr.
  • Promoter holding has decreased over last 3 years: -26.6%

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1261
OscillatorsBearish261
Moving AveragesStrong Bearish1000

Key readings

RSI (14)
34.79
Neutral
MACD (12,26,9)
−0.57
Bearish
SMA (50)
13.69
Bearish
SMA (200)
13.71
Bearish

As of

Analyst Rating

Based on 1 analysts
BUY100%

1 of 1 analyst rates Buy, 0 Hold, 0 Sell.

As of

BUY
1
100%
HOLD
0
0%
SELL
0
0%

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5Y+16.40%
3Y+10.49%
1Y−10.25%
TTM−8.10%

Net profit

Net profit growth by window
5YTurned to loss
3YTurned to loss
1YTurned to loss
TTMLoss widened by ₹592 Cr

Operating cash flow

Not meaningful

A bank's or NBFC's operating cash flow moves with deposits and loans, so its growth says little about the business.

Revenue by year

Revenue by year, ₹ crore
Mar 2018₹519 Cr
Mar 2019₹881 Cr
Mar 2020₹1,308 Cr
Mar 2021₹1,581 Cr
Mar 2022₹1,849 Cr
Mar 2023₹2,505 Cr
Mar 2024₹3,178 Cr
Mar 2025₹3,765 Cr
Mar 2026₹3,379 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2018−₹63.00 Cr
Mar 2019₹94.00 Cr
Mar 2020₹187 Cr
Mar 2021₹112 Cr
Mar 2022₹61.00 Cr
Mar 2023₹404 Cr
Mar 2024₹498 Cr
Mar 2025₹24.00 Cr
Mar 2026−₹1,151 Cr

Analyst Forecasts

Forecast For
FY27 consensus · EPS
₹1.00 +111.9% vs FY26
Reported High Mean Low

Quarterly Results

₹ Cr
UTKARSHBNK quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
720
756
806
896
966
987
932
880
881
840
821
837
884
Expenses
369
392
413
452
492
593
824
687
858
913
920
724
586
Financing Profit
53
49
69
88
82
−35
−343
−276
−457
−562
−571
−347
−164
Fin. Margin %
7%
7%
9%
10%
8%
−4%
−37%
−31%
−52%
−67%
−70%
−42%
−19%
Other Income
92
105
83
121
105
103
105
287
138
97
81
115
119
Interest
298
315
324
356
393
429
452
468
479
490
473
461
461
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
145
154
152
208
186
68
−238
11
−319
−465
−491
−232
−45
Tax %
26%
26%
24%
23%
26%
24%
−29%
74%
−25%
−25%
−24%
−19%
−25%
Net Profit
108
114
116
160
137
51
−168
3
−239
−348
−375
−188
−34
EPS (₹)
0.74
0.65
0.65
0.9
0.77
0.29
−0.94
0.02
−1.35
−1.96
−2.11
−1.06
−0.19
Gross NPA %
3.13%
2.81%
3.04%
2.51%
2.78%
3.88%
6.17%
9.43%
11.42%
12.42%
11.05%
7.71%
6.09%
Net NPA %
0.33%
0.16%
0.19%
0.03%
0.26%
0.89%
2.5%
4.84%
5%
5.02%
4.48%
3.29%
2.86%

Profit & Loss

₹ Cr
UTKARSHBNK profit and loss, annual, ₹ crore
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
519
881
1,308
1,581
1,849
2,505
3,178
3,765
3,379
3,381
Expenses
374
392
551
783
1,125
1,234
1,561
2,518
3,337
3,142
Financing Profit
−106
107
177
56
−64
295
324
−496
−1,860
−1,645
Fin. Margin %
−20%
12%
14%
4%
−3%
12%
10%
−13%
−55%
−49%
Other Income
43
58
99
125
185
299
400
600
431
412
Interest
251
382
579
742
788
976
1,293
1,742
1,902
1,884
Depreciation
0
16
25
30
41
59
65
77
77
0
PBT
−63
149
250
151
80
536
659
28
−1,507
−1,233
Tax %
0%
37%
25%
26%
23%
25%
25%
14%
−24%
—
Net Profit
−63
94
187
112
61
404
498
24
−1,151
−945
EPS (₹)
−0.83
0.79
1.52
0.82
0.42
2.8
2.8
0.13
−6.47
−5.32
Div. Payout %
0%
0%
0%
0%
0%
0%
11%
0%
0%
—

Balance Sheet

₹ Cr
UTKARSHBNK balance sheet, annual, ₹ crore
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
470
737
759
848
896
896
1,099
1,102
1,780
Reserves
−58
36
260
520
677
1,104
1,874
1,873
996
Borrowing
1,789
1,280
2,675
2,608
2,572
2,349
1,995
2,355
2,829
Deposits
2,194
3,941
5,235
7,508
10,074
13,710
17,473
21,566
21,654
Other Liabilities
129
245
475
654
845
1,057
1,462
1,232
1,610
Total Liabilities
4,524
6,239
9,404
12,138
15,064
19,117
23,903
28,127
28,869
Fixed Assets
87
87
110
125
286
301
301
324
333
CWIP
0
3
22
56
1
2
10
63
125
Investments
661
862
1,192
2,314
2,348
2,859
3,679
4,958
6,914
Other Assets
3,775
5,287
8,081
9,643
12,429
15,955
19,912
22,783
21,497
Total Assets
4,524
6,239
9,404
12,138
15,064
19,117
23,903
28,127
28,869

Cash Flow

₹ Cr
UTKARSHBNK cash flow, annual, ₹ crore
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
—
211
115
−83
1,329
1,573
991
876
781
Investing
—
−171
−322
−532
−739
−693
−620
−777
−3,309
Financing
—
−92
1,304
172
111
−235
140
310
1,412
Net Cash Flow
—
−52
1,097
−444
702
645
511
409
−1,115
Free Cash Flow
—
194
70
−163
1,183
1,498
921
718
638
CFO/OP
—
44
27
2
191
129
65
61
1,876

Ratios

UTKARSHBNK financial ratios, annual
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %
−15%
16%
21%
9%
4%
23%
20%
1%
−40%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Utkarsh Small Finance Bank insights

81 extracted metrics across FY18–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 42.67%
  • Public 28.09%
  • FIIs 10.44%
  • Others 9.64%
  • DIIs 9.17%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Utkarsh Small Finance Bank

What does Utkarsh Small Finance Bank Ltd do?
Incorporated in 2016, Utkarsh Small Finance Bank is engaged in providing banking and financial services.
Where is Utkarsh Small Finance Bank Ltd (UTKARSHBNK) listed?
Utkarsh Small Finance Bank Ltd trades as UTKARSHBNK on the NSE and under code 543942 on the BSE.
Which sector does Utkarsh Small Finance Bank Ltd belong to?
Utkarsh Small Finance Bank Ltd is classified under the Banks sector, in the Small Finance Bank industry.
What is the 52-week high and low of Utkarsh Small Finance Bank Ltd?
Over the last 52 weeks Utkarsh Small Finance Bank Ltd has traded between ₹10.12 and ₹18.8 as of 4 Nov 2026.
Does Utkarsh Small Finance Bank Ltd pay dividends?
Utkarsh Small Finance Bank Ltd has a dividend yield of 4.11%.
What is the Return on Equity (ROE) of Utkarsh Small Finance Bank Ltd?
Utkarsh Small Finance Bank Ltd reported a return on equity of -40.00%.

Company Information

Incorporated in 2016, Utkarsh Small Finance Bank is engaged in providing banking and financial services.

Website utkarsh.bank
Listed 21 Jul 2023
Face Value ₹10

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/UTKARSHBNK.md for Utkarsh Small Finance Bank Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More

More Bank stocks → FII DII DataStock ScreenerNifty 50 HeatmapF&O Ban ListFII and DII flows, month by monthHow Tapetide Scores changed, month by monthStocks mutual funds are buying, month by month