Ujjivan Small Finance Bank Limited is a mass market focused bank in India, catering to financially unserved and underserved segments and committed to building financial inclusion in the country. It started its operations as Ujjivan Financial Services Limited, a Non-Banking Financial Company in 2005 with the mission to provide financial services to the 'economically active poor' who were not adequately served by financial institutions.
Ujjivan Small Finance Bank Limited is an Indian small finance bank based in Bangalore, which commenced operations on 1 February 2017. Ujjivan Small Finance Bank is licensed under Section 22 (1) of the Banking Regulation Act, 1949 to carry out small finance bank business and received Scheduled Bank status from the Reserve Bank of India in August 2017. Our IPO in 2019 was oversubscribed 170 times, and it was widely considered to be the best IPO in the last four years across the banking and financial services sector.
The market cap of Ujjivan Small Finance Bank Ltd (UJJIVANSFB) is ₹9398.05 Cr as of 4th July 2025. The P/E (price-to-earnings) ratio of Ujjivan Small Finance Bank Ltd (UJJIVANSFB) is 12.94. The P/B (price-to-book) ratio is 1.54. The 52-week high of Ujjivan Small Finance Bank Ltd (UJJIVANSFB) is ₹51.87 and the 52-week low is ₹30.88.
The bank has established itself as a significant player in the small finance banking sector, focusing on serving the underbanked population across India. Ujjivan Small Finance Bank (USFB) Limited is among the leading small finance banks in the country. As a mass market bank, it remains committed to serve the unserved and underserved segments through financial and digital inclusion.
For the full year,net profit declined 43.34% to Rs 726.10 crore in the year ended March 2025 as against Rs 1281.50 crore during the previous year ended March 2024. Total Operating Income rose 11.93% to Rs 6354.39 crore in the year ended March 2025 as against Rs 5677.16 crore during the previous year ended March 2024.
Net profit of Ujjivan Small Finance Bank declined 74.70% to Rs 83.39 crore in the quarter ended March 2025 as against Rs 329.63 crore during the previous quarter ended March 2024. Total Operating Income rose 2.93% to Rs 1573.36 crore in the quarter ended March 2025 as against Rs 1528.51 crore during the previous quarter ended March 2024.
Gross loan book stood Rs 32,122 crore as on 31st March 2025, registering the growth of 7.9% as compared with Rs 29,780 crore as of 31st March 2024. It includes IBPC/ Securitization of Rs 195 crore as on 31st March 2025.
The bank's GNPA (Gross Non-Performing Assets) ratio stood at 2.2% as of 31st March 2025, an increase from 2.1% as of 31st March 2024, and down from 2.7% as of 31st December 2024. Additionally, collection efficiency stood at 96.9% as of 31st March 2025, slightly up from 96.6% recorded on 28th February 2025.
- Revenue Growth: 11.93% YoY growth in FY25
- Gross Loan Book: ₹32,122 crores (as of March 31, 2025)
- GNPA Ratio: 2.2% (as of March 31, 2025)
- Collection Efficiency: 96.9% (as of March 31, 2025)
The business model of Ujjivan is essentially created on the basis of the joint lability group lending model which provides small size and collateral free loans to poor women who are economically active.
Ujjivan SFB provides a range of products and services such as savings account, current account, fixed deposits (FD), recurring deposits (RD), Vehicle Loans, MSE Loans, Housing Loans, Micro Loans, Home Loans & Small Business Loans. The bank also offers internet banking, phone banking and mobile banking facilities to customers.
Currently, the bank's asset mix includes micro group loans (56%), individual loans (16%), affordable housing (16%), and MSMEs (5%). The bank is strategically working to improve its secured loan mix, Once you graduate to a bank, the comfort level changes and you may have to do 60:40 (60% unsecured and the rest secured) which we are aiming to achieve in the next three years.
The Bank has a Pan-India presence, with over 95.1 lakh customers, 753 banking touchpoints across 326 districts, 26 states and Union Territories. We now serve 86 Lakh customers through our 752 branches spread across 26 states and UTs.
The bank continues to expand its reach strategically, with The SFB, slated to conclude the current fiscal year with over 750 branches, is strategically expanding its presence into major urban centres to capitalise on low-cost current and savings accounts (CASA) deposits, and a recent branch inauguration in Mumbai's financial hub near BSE underscores this initiative.
With technology as a key enabler, Ujjivan Small Finance Bank continues to expand its reach and enhance customer experience. The strengthened digital interfaces, across regions and languages has empowered our customers to seek timely and easy access to finance; at all times.
Ujjivan SFB ATM is biometric enabled, thereby enabling customers to withdraw money through biometric authentication. Customers can open their bank account in 5–7 minutes on a hand-held device through Aadhaar enabled KYC.
Ujjivan SFB has started its journey towards sustainability as a reflection of its commitment towards Environment, Social and Governance (ESG) principles. The Bank's inaugural ESG & TCFD reports was published in January, 2024. It is indeed a moment of pride when I mention, Ujjivan SFB is the First Small Finance Bank to launch Task Force on Climate-Related Financial Disclosures.
As a 'Responsible Bank' we stay invested in creating a sustainable social impact through community development and financial literacy initiatives.
We have received RBI approval for the appointment of Mr. Sanjeev Nautiyal as MD & CEO of the Bank with effect from July 01, 2024. He is a seasoned banker with over 3 decades of extensive strategic domain expertise in various business functions.
Concurrently, the bank is enhancing its service offerings, with a particular emphasis on expanding its mutual funds and gold loan portfolios. Additionally, it is actively exploring avenues to augment the proportion of secured loans within its overall lending portfolio, which presently stands at 28%. Moreover, the SFB is implementing a comprehensive restructuring of its housing loan product, prioritising accessibility and streamlining turnaround times.
Additionally, the bank has ventured into capital market services, having already collaborated with SMC Global for demat services. Next in line is the exploration of mutual fund offerings, with plans underway for potential partnerships.
Ujjivan Small Finance Bank represents a compelling investment opportunity in India's financial inclusion story, with its focused approach to serving the underbanked population, strong digital infrastructure, and strategic expansion plans positioning it well for sustainable growth in the evolving banking landscape.
