Ujjivan Small Finance Bank Ltd - 542904 - Announcement under Regulation 30 (LODR)-Change in Directorate
Ujjivan Small Finance Bank Limited has informed the Exchange about appointment of Ms. Anita Ramachandran as an Additional Director (Independent) of the Bank w.e.f. 01-Jul-2022 Q4FY22 Quarterly Result Announced for Ujjivan Small Finance Bank Ltd.
Ujjivan Small Finance Bank declares Q4FY22 result: Turns profitable with net profit of Rs 127 crore; RoA at 2.3%/ RoE at 18.7%. Strong Business volumes with highest-ever disbursement; deposits up 39% YoY Continued improvement in collections; Mar’22 collections at 100% Significant improvement in asset quality; NNPA at 0.6%; PAR at 9.6% Summary of Ujjivan Small Finance Bank Business Performance – Q4 FY 2021-22 Gross advances at Rs 18,162 crore up 20% YoY and 10% QoQ Highest ever disbursements during the quarter – Rs 4,870 crore up 14% YoY and 1% QoQ Non Micro Banking contributes 32% of total portfolio as against 28% in Mar’21 Secured Advances stand at 30% of the total portfolio as on Mar’22 as against 27% in Mar’21 Total provision is Rs 1,330 crore covering 7.3% of gross advances as on 31st Mar’22 (includes Rs 250 crore floating provisions) GNPA/ NNPA declined to 7.1% / 0.6% as of Mar’22 against 9.8% / 1.7% respectively as of Dec’21; Rs 271 crore written-off in Q4FY22; Provision coverage ratio as on Mar’22 is 92% (including floating provisions) Substantial reduction in restructured book; constitutes 4.7% of gross advances with provision cover of 47% Deposits at Rs 18,292 crore as of Mar’22 up by 39% YoY; Retail deposits at 54% of total deposits against 48% as of Mar’21; CASA ratio at 27% in Mar’22 vs 21% in Mar’21. Retail banking CASA grew 141% YoY crore contributing 77% to total CASA; healthy retail liability customer acquisition - 2.7 lakh customers added during the Q4FY22 Net Interest Income of Rs 544 crore in Q4FY22; Net interest margin at 10.1% in Q4FY22 against 7.9% in Q4FY21 Operating expenses to average assets at 7.7%; Cost to Income ratio at 66% in Q4FY22 vs 68% in Q4FY21 PPoP at Rs 217 crore vs Rs 155 crore in Q4FY21; PAT of Rs 127 crore vs Rs 136 crore YoY Collections at 100% in Mar’22, further improving from 97% in Dec’21 Portfolio at risk continues to decline; 9.6% as of Mar’22 vs 14.9% as on Dec’21 Capital adequacy ratio at 19.0% with Tier-1 capital at 17.7%; Liquidity coverage ratio at 152% as of Mar’22 Summary of Ujjivan Small Finance Bank Business Performance – FY 2021-22 Disbursement for FY22 at Rs 14,113 crore PPOP of Rs 590 crore in FY22 against Rs 801 crore in FY21 Net loss of Rs 415 crore in FY22 Net Interest Income of Rs 1,774 crore in FY22 against Rs 1,729 crore in FY21 Net Interest Margin at 8.8% in FY22 against 9.5% in FY21 Cost to Income ratio increased to 72% in FY22 from 61% in FY21 Mr. Ittira Davis, MD & CEO, Ujjivan Small Finance Bank said, “Q4FY22 has indeed been a strong quarter with the Bank completing the turnaround we envisaged under our 100-day plans put to execution beginning Sep’21; Q4 marks business turning profitable. This was possible on back of strong business performance coupled with persistent efforts on collections. On disbursement side, we surpassed our previous best (Rs 4,809 crores in Q3FY22) and disbursed Rs 4,870 crores, improving our loan book to Rs 18,162* crore. Our deposit book continues strong growth – up 39% YoY driving credit to deposit ratio to 99% which is another achievement for Ujjivan. Retail deposits and CASA contribute to 54% and 27% of total deposit; implying increasing granularity of deposit book. PAR continues to decline, currently at 9.6%* down from 14.9% as on Dec’21. This is largely due to healthy book and strong focus on collections. We continue to hold strong provisioning buffers on our book with PCR at 92%, resulting NNPAs to 0.6%. Our strategy to build granular liability base will remain our prime focus going ahead along with focus on enhancing our digital capabilities which in turn is improving business and productivity levels. We believe that recent business challenges have made us stronger to ready to capitalise on opportunities ahead us.” Result PDF Ujjivan Small Finance Bank Ltd - 542904 - Results - For The FY 2021-22
Outcome of the meeting of the Board of Directors-Approval of Financial Results for the quarter and year ended March 31, 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 Investor Meet on May 12, 2022 Ujjivan Small Finance Bank Ltd - 542904 - Board Meeting Intimation for Audited Financial Results
Ujjivan Small Finance Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/05/2022 ,inter alia, to consider and approve the Audited Financial Results of the Bank for the financial year ended March 31, 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 Schedule of Institutional Investor Meets Ujjivan Small Finance Bank Ltd - 542904 - Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015
Compliance Certificate under Regulation 7(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half year ended March 31, 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 March 31, 2022 Ujjivan Small Finance Bank Ltd - 542904 - Certificate Under Regulation 40 (9)
CERTIFICATE UNDER REGULATION 40 (9) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015