ofit increases to ₹122 Crore, up 18.2% QoQ Secured Book grew 52.9% YoY to ₹16,173 Cr; Secured book share at 46.8% Highest ever Disbursement at ₹ 7,932 Crore up 47.6% YoY; Loan book at ₹ 34,588 Crore up 14.0% YoY;
Deposits at ₹ 39,211 Crore up 15.1% YoY; CASA deposits at ₹10,783 up 22.1% YoY Bengaluru, October 2025: Ujjivan Small Finance Bank ltd. [BSE: 542904; NSE: UJJIVANSFB],
today announced its financial performance for the quarter ended September, 2025 Summary of Ujjivan Small Finance Bank Business Performance – Q2 FY26 and H1 FY26
Deposits
Deposits at ₹ 39,211 Crore as of Sep’25 up 15.1% YoY
CASA at ₹ 10,783 Crore up 22.1% YoY with CASA ratio at 27.5% as of Sep’25
Cost of Funds dropped to 7.3% from 7.6% in Q1FY26
Assets
Highest ever disbursements at ₹7,932 Cr, Growth of 47.6% YoY and 21.3% QoQ
Gross loan book at ₹ 34,588* Crore up 14.0% YoY and 3.9% QoQ
Secured book share at 46.8% as of Sep’25 vs 34.9% as of Sep’24 and 45.5% as of Jun’25.
Micro Banking disbursements stood at ₹ 4,259 Cr, up 29.3% YoY and 8.3% QoQ
Micro Banking book grew to ₹18,570 Cr, up 1.5% QoQ
Collection and Asset Quality
Portfolio at Risk*/GNPA*/NNPA* at 4.45%/2.45%/0.67% respectively as of Sep’25; for
Jun’25 at 4.81%/2.52%/0.71% respectively.
Provision coverage ratio as of Sep’25 is 73%
Bucket-X collection efficiency remained strong for Group and Individual Loan book at
99.5% for Sep’25.
Overall SMA dropped to 1.99%; lowest level since Q1FY25
Financials
Q2FY26 PAT of ₹122 Crore up 18.2% QoQ
PPoP grew 9.6% QoQ to ₹395 Crores
Net Interest Income at ₹ 922 Crore up 7.7% QoQ, reversing the trend of 3 quarters
Q2FY26 RoA / RoE at 1.0% / 7.7%
Capital Position
Capital adequacy ratio at 21.4% with Tier I at 19.9% a well
calibrated growth for the quarter by ensuring absorption of excess liquidity thereby taking our CD ratio to
88.2%. Total deposits were up 1.5% QoQ and up 15.1% YoY at ₹39,211 Cr. CASA grew 14.9% QoQ and
22.1% YoY to ₹10,783 crore, while Retail TD plus CASA deposits remained around 71% of total deposits.
Our CASA augmentation efforts are just beginning to take shape. The MF distribution and forex products
would be rolled out to customers in Q3, while future rollout of ASBA will further drive CASA mobilization.
We have proactively reset rates in both TD and SA in various buckets resulting in improvement in cost of
funds by 23 bps QoQ and 17 bps YoY. We expect further CoF benefits in coming quarters.
Loan origination remained strong this quarter with one of the highest disbursements of ₹ 7,932 crore up
21.3% QoQ and 47.6% YoY. For H1FY26, disbursements grew 35.8% to ₹14,471 Cr, led by continued
momentum in the secured loan book. Our Gross Loan Book grew 3.9% QoQ and 14.0% YoY to ₹ 34,588
Cr in Q2FY26, driven by our disciplined approach to diversify asset suite and build a sustainable portfolio.
The faster growth in the secured products compared to unsecured led to share of secured loans coming at
47%.
As guided, our microfinance portfolio is stabilising with improving repayment behaviour reflected in Bucket
X collection efficiency of 99.45% to 99.50% consistently for 3 months of Q2FY26. Our overall asset quality
as reflected in credit costs has remained flat at 2.8%, and we remain on track for sequential improvements
in the remaining quarters of the financial year.
PAT for Q2 at ₹122 Crore is up 18.2% QoQ. RoA and RoE increased sequentially and came in at 1.0% &
7.7% respectively. With strategic branch expansion and product diversification supporting our future
growth plans, we remain confident to grow advances in FY26 by around 20% with credit costs contained
in the range of 2.3% to 2.4% of gross loan book.”
