Event Type: Quarterly Earnings Conference Call for Q1 FY27 results
Date and Time: July 23, 2026 (time not specified in transcript)
Purpose: Discussion of quarterly results for quarter ended June 30, 2026, including business performance, financial results, and strategic updates
Management Participants:
- Carol Furtado – Executive Director (acting for indisposed MD Mr. Sanjeev Nautiyal)
- Sadananda Balakrishna Kamath – Chief Financial Officer
- Ashish Goel – Chief Credit Officer
- Vibhas Chandra – Head Micro Banking and Gold Loans
- Hitendra Jha – Head Retail Liabilities, TASC and TPP
- Umesh Arora – Head Emerging Business
- Martin P S – Chief Operating Officer
- Brajesh Cherian – Chief Risk Officer
- Siddharth Bharadwaj – Head Investor Relations
- Gaurav Sah – Lead Investor Relations
Moderator: Mr. Manjith Nair from Antique Stock Broking Limited
Availability of Materials: The transcript of the earnings call is available on the Bank's website at www.ujjivansfb.bank.in
Financial Period Discussed: Q1 FY27 (quarter ended June 30, 2026)
Key Financial Highlights:
- Profit After Tax: ₹317 crores
- ROA: 2.2%
- ROE: 18.2%
- Net Interest Income: ₹1,186 crores
- Net Interest Margin: 8.5%
- Gross Loan Book: ₹42,903 crores (up 28.9% YoY, 5.5% QoQ)
- Deposits: ₹48,129 crores (up 25% YoY)
- CASA Deposits: ₹12,930 crores (up 37.8% YoY)
- Cost of Funds: 6.86%
- GNPA: 2.17% (reduced by 10 bps)
- Provision Coverage Ratio: 85%
- Credit Costs: ₹127 crores (0.9% of average assets)
- Write-offs: ₹72 crores
Business Performance Metrics:
- Disbursements: ₹9,245 crores (up 41.4% YoY)
- Secured Book: ₹21,638 crores (50.4% of total, up 42.7% YoY, 7.8% QoQ)
- Micro Banking Book: ₹21,371 crores (up 16.8% YoY)
- Micro Banking Disbursements: ₹4,581 crores (up 16.4% YoY)
- Affordable Housing + Micro Mortgages: ₹11,210 crores (up 40.8% YoY)
- MSME Portfolio: ₹3,470 crores (up 54% YoY)
- Gold Loans: ₹1,020 crores (up 248.6% YoY)
- Vehicle Loans: ₹1,036 crores (up 85.1% YoY)
- New Business Lines (gold, vehicle, agri): 7% of gross loan book
- Branch Network: 814 branches (38 new branches operationalized)
- Collection Efficiency: 99.68% (bucket X), 98.4% (current due + overdue)
Forward-Looking Guidance Updates:
- Revised FY27 credit cost guidance: 0.9% to 1.0% of average total assets (changed from average gross loan book)
- Raised FY27 ROA guidance: 1.8% to 2.0%
- Expected opex to average assets: ~6.4%
- Planned asset growth: 25% for FY27
- Planned branch additions: 144 branches in FY27 (38 already opened)
New Initiatives Mentioned:
- Unsecured Fast Track loan completed successful pilot, ready for scale-up
- Pre-owned cars piloted in Karnataka
- Lending to mid-corporates commenced with Q1 disbursements
- MSME product suite expanded with purchase invoice discounting
- Co-branded credit card in testing phase
- FCNRB offerings with attractive rates
Compliance Statement: The document is filed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Additional Notes Section
Attachments: The regulatory filing includes the transcript of the quarterly earnings call
Financial Data Disclosure: The announcement itself does not contain financial data, but refers to the earnings call transcript which contains extensive financial information