Ujjivan Small Finance Bank Ltd - 542904 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Ujjivan Small Finance Bank Limited has informed the Exchange about Newspaper Publication of the Financial Results08-11-2022
08-11-2022
Results Earnings Call for Q2FY23 of Ujjivan Small Finance Bank
Conference Call with Ujjivan Small Finance Bank Management and Analysts on Q2FY23 Performance and Outlook. Listen to the full earnings transcript.08-11-2022
Q2FY23 Quarterly Result Announced for Ujjivan Small Finance Bank Ltd.
Ujjivan Small Finance Bank announced Q2FY23 results: Gross advances at Rs 20,938 crore up 44% YoY and 8% QoQ Strong disbursements for Q2 – Rs 4,866 crore up 56% YoY As of September 30, 2022, total provision on books are at Rs 1,126 crore – Rs.115 crore standard provision, Rs 762 crore account level NPA provision and Rs 250 crore floating provision. The entire floating provision of Rs 250 crore created in June 2021 continues to be there on books and can be utilised for making specific provisions in extraordinary circumstances with prior approval of RBI. Only Rs 160 crore is utilised for NNPA/ PCR calculation, Rs 30 crore towards Tier II capital and the balance Rs 60 crore has been grouped as part of other provisions without utilising the same towards Tier II capital. This amount continues to be earmarked for utilisation for NNPA/PCR as and when needed. Continued traction on the collections site at ~100% in Q2FY23 Portfolio at risk continues to decline; 6.1% as of Q2FY23 vs 7.9% as on Q1FY23 GNPA/NNPA declined to 4.4%/0.04% as of Q2FY23, against 5.9%/0.1% of Q1FY23. Total of Rs 157 crore written-off in Q2FY23. Provision coverage ratio as on Q2FY23 is 99% Substantial reduction in a restructured book; constitutes 2.3% of gross advances with provision cover of 63% Deposits at Rs 20,396 crore as of Q2FY23; up by 45% YoY; retail deposits at 61% of total deposits against 52% of Q2FY22; CASA ratio at 26.9% in Q2FY23 vs 22.5% in Q2FY22. Retail banking CASA grew 79% YoY contributing 79% to total CASA; healthy retail liability customer acquisition. Net Interest Income of Rs 663 crore in Q2FY23; net interest margin at 9.8% in Q2FY23 against 8.1% in Q2FY22 Operating expenses to average assets at 6.6%; cost to income ratio at 52.5% in Q2FY23 vs 82.3% in Q2FY22 PPoP at Rs.385 crore vs Rs.79 crore in Q2FY22; PAT of Rs.294 crore vs Rs.(274) crore YoY Capital adequacy ratio at 26.70% with Tier-1 capital at 23.37%; Liquidity coverage ratio at 219% as of Q2FY23 Ittira Davis, MD & CEO, Ujjivan Small Finance Bank, said, “Q2FY23 is another milestone quarter with record profitability. While disbursements continue to sustain the Rs 4,000+ crore mark, deposit growth took-off well this quarter driven by retail deposits. Our loan book grew 8% vs June 2022 / 44% vs September 2021 to Rs 20,938 crore and deposits are up 11% vs June 2022 / 45% vs September 2021. Retail deposits and CASA contribute to 61% and 26.9% of total deposit. PAR continues to improve, currently at 6.1% vs. 7.9% as on June 2022. This is largely due to sustained collection efficiency at pre-covid levels and normalised slippages; while recoveries continue to be strong. We continue to hold strong provisioning buffers on our books with PCR at 99%, resulting into NNPA of mere 0.04%. Additional provision of Rs 30 crore is being used towards CRAR and Rs 60 crore has been grouped as part of other provisions without utilising the same. We remain focused on building granular deposit franchise and continuously enhance digital capabilities to drive improved business and productivity levels. With recent capital raise and sustained high profitability, September 2022 CRAR is far more than comfortable to capitalise on opportunities ahead.” Result PDF07-11-2022
Ujjivan Small Finance Bank Ltd - 542904 - Results For The Quarter And Half Year Ended September 30, 2022
Ujjivan Small Finance Bank Limited has informed the Exchange about the outcome of the Board Meeting held on 07-Nov-2022 to consider financial statements for the period ended September 202207-11-2022
Ujjivan Small Finance Bank Ltd - 542904 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Ujjivan Small Finance Bank Limited has informed the Exchange that it has scheduled conference call for investors and analysts on Monday, November 07, 2022 at 5:00 PM IST; 7:30 PM HK/SG to discuss the financial results for the quarter and half year ended September 30, 2022.28-10-2022
Ujjivan Small Finance Bank Ltd - 542904 - Board Meeting Intimation for Intimation Of Board Meeting
Ujjivan Small Finance Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2022 ,inter alia, to consider and approve the Unaudited Financial Results of the Bank for the quarter and half year ended September 30, 2022.18-10-2022
Ujjivan Small Finance Bank Ltd - 542904 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Board Approval - Intimation of Scheme of Amalgamation of Ujjivan Financial Services Limited into and with Ujjivan Small Finance Bank Limited.14-10-2022
Ujjivan Small Finance Bank Ltd - 542904 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 202212-10-2022
Ujjivan Small Finance Bank Ltd - 542904 - Key Business Highlights For The Quarter Ended Sept 30, 2022
Ujjivan Small Finance Bank Limited has informed the Exchange about Key Business Highlights for the Quarter ended Sept 30, 2022.06-10-2022
Ujjivan Small Finance Bank Ltd - 542904 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Ujjivan Small Finance Bank Limited has informed the Exchange about an update on participation in Investor Meet26-09-2022