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UTKARSH MICRO FINANCE LTD Logo

UTKARSH MICRO FINANCE LTD

Last Traded Price

₹205.00 ( 0.00 % )

Principles

Company Name

UTKARSH MICRO FINANCE LTD


ISIN No.

INE396P01012


No. of Outstanding Shares

98744490


PAN No.

AAECS9298K


Face Value

₹ 10.00


EPS

₹33.40


PE ratio

5.99


P/S Ratio

0.58


Market Capitalization (in Cr)

₹1974.89


Book value

₹204.86


P/BV

0.98


DRHP Filed?

No


Available on

None


Sector

NBFC OF UTTKARSH GROUP


CIN

U65191UP1990PLC045609


Registration Date

May 15, 1990


Stock Performance

Stock Price Over Time

Share Details

COMPANY SNAPSHOT

Background & Business Structure

Utkarsh CoreInvest Ltd (formerly Utkarsh Micro Finance Ltd), established in 2009, acts primarily as the holding company for Utkarsh Small Finance Bank (USFBL). It originated as an NBFC focused on Joint Liability Group (JLG) micro-loans, micro-enterprise loans, housing loans, and pension products, before converting into a Core Investment Company (CIC) in 2018 after transferring most lending assets to USFBL.

Banking Arm Performance (USFBL)

  • Loan portfolio: ₹18,299 Cr (YoY growth ~31%)
  • Deposits: ₹17,473 Cr (YoY growth ~27%)
  • Net profit: ₹497.6 Cr (up 23%)
  • Asset quality: GNPA 2.51%, NNPA 0.03%
  • Cost-to-income ratio: 56.4%
  • CRAR: 22.6%

Inclusion Focus

USFBL operates around 888 branches across 26 states and UTs, with a concentrated focus on micro-banking and financially underserved regions (e.g., Bihar, UP, Jharkhand). Nearly 60% of its loan book is focused on rural and microfinance segments.

Strategic Developments

  • RBI-approved merger of Utkarsh CoreInvest with Utkarsh SFB, expected within 12–13 months from January 2025, aims to streamline operations and improve shareholder value.
  • UCL holds ~84.75% in USFBL pre-IPO; RBI mandates listing once net worth crosses ₹500 Cr.

INDUSTRY OUTLOOK

Utkarsh CoreInvest offers investors a play on India's financial inclusion story through its well-capitalized SFB with robust deposit growth and improving asset quality. Key growth drivers include deposit mobility, branch expansion, and diversification into MSME, housing, and rural loans. The upcoming merger and IPO could unlock shareholder value by simplifying structure and broadening access.


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  • Aavishkaar Goodwell India Microfinance Development Co II Ltd: 4,007,723 shares – 4.12%
  • Other shareholders: 59,951,878 shares – 60.71%
  • Total outstanding shares: 98,744,490 – 100%