Ujjivan Small Finance Bank reported strong financial results for the quarter and year ended March 31, 2026. The bank achieved a PAT of ₹282 crore in Q4FY26, up 238.2% YoY. Total deposits grew 21.4% YoY, reaching ₹45,668 crore, with a granular deposit mix. The bank’s gross loan book expanded by 26.6% YoY to ₹40,655 crore, supported by successful portfolio diversification efforts and improved asset quality metrics.
Financial Performance Highlights
The bank demonstrated substantial growth in Q4FY26. The Net Interest Income (NII) reached ₹1,092 crore, representing a 26.4% growth YoY. Profitability improved significantly, with the Profit After Tax (PAT) hitting ₹282 crore. The bank’s Return on Assets (RoA) stood at 2.1%, while Return on Equity (RoE) was reported at 17.2% for the quarter.
Loan Book Expansion and Diversification
Ujjivan Small Finance Bank continues to focus on a diversified lending strategy. As of March 31, 2026, the gross loan book grew to ₹40,655 crore, a 26.6% increase YoY. A key achievement has been the shift in the loan mix, with secured advances now comprising 49.4% of the total book. Microfinance group loans represent 26.7% of the total gross loan book, reflecting the bank’s progress in reducing concentration risks.
Deposit Growth and Asset Quality
The bank saw healthy traction in its deposit franchise, with total deposits growing 21.4% YoY to ₹45,668 crore. This growth was driven by a focus on granular retail deposits, with the CASA ratio reaching 28.6%. Regarding asset quality, the bank maintained strong metrics, with GNPA moderating to 2.3% and NNPA to 0.4% as of the end of the fiscal year. The bank’s provision coverage remains robust, with a PCR of 81%.
Strategic Outlook and Digital Initiatives
Looking ahead to FY27, the bank has provided guidance of ~25% advances growth and a target RoA of ~1.6%. The bank continues to invest heavily in its digital infrastructure, including the Ujjivan EZY mobile banking app. With 93.7% of transactions now being digital, the bank is leveraging advanced data analytics to enhance customer retention and drive cross-selling opportunities across its diverse product portfolio.
Source: BSE
