Stock Report

Ujjivan Small Finance Bank Ltd reports net profit of Rs. 309.50 crores in Q4 FY2023

Posted On : 2023-05-11 14:42:18( TIMEZONE : IST )

Ujjivan Small Finance Bank Limited has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1363.89 crores during the period ended March 31, 2023 as compared to Rs. 1220.54 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 309.50 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 293.19 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 1.52 for the period ended March 31, 2023 as compared to Rs. 1.50 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹1363.89 crs	₹1220.54 crs	11.74%
Net Profit	₹309.50 crs	₹293.19 crs	5.56%
EPS	₹1.52	₹1.50	1.33%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.1363.89 crores during the period ended March 31, 2023 as compared to Rs.967.42 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.309.50 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.126.52 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.1.52 for the period ended March 31, 2023 as compared to Rs.0.73 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹1363.89 crs	₹967.42 crs	40.98%
Net Profit	₹309.50 crs	₹126.52 crs	144.63%
EPS	₹1.52	₹0.73	108.22%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.4754.19 crores during the Financial Year ended March 31, 2023 as compared to Rs.3172.69 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.1099.92 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.-414.58 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.5.87 for the Financial Year ended March 31, 2023 as compared to Rs.-2.40 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹4754.19 crs	₹3172.69 crs	49.85%
Net Profit	₹1099.92 crs	₹-414.58 crs	365.31%
EPS	₹5.87	₹-2.40	344.58%

Asset Quality:

Asset Quality	Q4 FY2023	Q3 FY2023	Q4 FY2022
Gross NPA	₹630.61 crs	₹737.55 crs	₹1284.08 crs
Gross NPA %	2.88%	3.64%	7.34%
Net NPA	₹9.04 crs	₹9.48 crs	₹99.60 crs
Net NPA %	0.04%	0.05%	0.61%

Gross NPA was at ₹ 630.61 crs in Q4 FY2023 against ₹ 1284.08 crs in Q4 FY2022. The same was at ₹ 737.55 crs in Q3 FY2023.

Net NPA was at ₹ 9.04 crs in Q4 FY2023 against ₹ 99.60 crs in Q4 FY2022. The same was at ₹ 9.48 crs in Q3 FY2023.

GNPA was at 2.88% of Gross advances as on March 31, 2023 as compared to 7.34% as on March 31, 2022 and 3.64% as of December 31, 2022.

Net NPA was at 0.04% of Gross advances as on March 31, 2023 as compared to 0.61% as on March 31, 2022 and 0.05% as of December 31, 2022.

Ratios	Q4 FY2023	Q3 FY2023	Q4 FY2022
RoA %	0.97%	1.04%	0.57%
CAR (BASEL III) %	25.81%	26.02%	18.99%

Return on Average Assets (RoA) is at 0.97% for Q4 FY2023 against 1.04% in Q3 FY2023 and 0.57% in Q4 FY2022.

In Q4 FY2023, Bank's total Capital Adequacy Ratio (CAR) was at 25.81%, as compared to 26.02% in Q3 FY2023 and 18.99% in Q4 FY2022.

Shares of Ujjivan Small Finance Bank Limited was last trading in BSE at Rs. 28.75 as compared to the previous close of Rs. 28.70. The total number of shares traded during the day was 710609 in over 1873 trades.

The stock hit an intraday high of Rs. 29.20 and intraday low of 28.47. The net turnover during the day was Rs. 20491125.00.