Utkarsh Small Finance Bank Limited · NSE:UTKARSHBNK
Utkarsh Small Finance Bank — Investor Presentation (August 2025)
34 slides from Utkarsh Small Finance Bank's investor presentation, Aug 27, 2025
Slide 1: Intimation of Schedule of Analyst/Institutional Investor meetings
August 27, 2025 BSE Limited National Stock Exchange of India Limited Scrip Code: 543942, 975790, 959644, Symbol: UTKARSHBNK 958226, 976203 Dear Sir/Madam, Sub: Intimation of Schedule of Analyst/Institutional Investor meeting(s) Pursuant to regulation 30 of the SEBI Listing Regulations, this is to in
Slide 2: Business Update
Business Update August 26, 2025
Slide 3: Utkarsh SFB Brief Overview
Utkarsh SFB Brief Overview
Slide 4: Utkarsh Small Finance Bank - Journey
Utkarsh Small Finance Bank - Journey In Jul-23 Bank launched IPO to raise equity capital of ₹500 crore; FY25 IPO oversubscribed >100 X; Higher ever annual PAT of ₹498 crore in FY24 >1,000 Banking Outlets FY24 Launched digital on- Conversion of boarding microfinance branches to Raised equity capital
Slide 5: Utkarsh Small Finance Bank - Business Overview
Utkarsh Small Finance Bank - Business Overview Focus on Financial inclusion, offer a range of financial products and services that address the specific requirements of customer segments Micro-Banking 47% Other Retail Loans 42% Joint Liability Business MSME Loans Housing Group Loans Loans (Retail Ass
Slide 6: Utkarsh SFB Strategy
Utkarsh SFB Strategy
Slide 7: MFI Industry
MFI Industry Microfinance Industry GLP (INR Bn)(1) MFI Current Scenario YoY - Growth 19% 9% -4% % 14% Overall Industry growth has decelerated, and the industry contracted by ~14% 4,337 4,244 (Q4FY24-Q4FY25) due to:- 4,080 Implementation of guardrails aimed at fostering more sustainable lending p
Slide 8: Building a Resilient and Sustainable Franchise (1/2)
Utkarsh SFB – Building a Resilient and Sustainable Franchise (1/2) Current Strategy Strong collections infrastructure in place to ensure faster recoveries and lower slippages Collection force to expand to ~1,500 (From 1,000 currently) steady-state feet on street over the next 2-3 months 1 Collec
Slide 9: Building a Resilient and Sustainable Franchise (2/2)
Utkarsh SFB – Building a Resilient and Sustainable Franchise (2/2) Pathways to Strengthen Portfolio and Productivity De-Risking Strategic limit on MFI JLG exposure for balanced asset growth 1 the Portfolio Identified pre-qualified 11 Lac out of >26 Lac existing JLG customers eligible for graduat
Slide 10: Key Growth Strategies
Key Growth Strategies Continue diversifying asset portfolio – Focus on Star Products like MBBL & Micro LAP and Newer Geographies Consistently increase share of secured loans in portfolio mix Leverage wide base of existing customers in the unserved and underserved segments:- Extend product offe
Slide 11: Key Strategy Highlights
Utkarsh | Key Strategy Highlights Diversified Asset Mix within the SFBs – Swiftly de-risking the business away from MFI JLG book (Non-JLG book is 55%); Secured loans now constitute 45% of the portfolio Strategic Geographic Expansion: Sustaining JLG dominance in UP & Bihar on the back of first-mover
Slide 12: Key Performance Highlights
Utkarsh SFB Key Performance Highlights
Slide 13: Diversified Asset Mix within the SFBs
Diversified Asset Mix within the SFBs Contribution from strong growth in non-microbanking loans in the overall mix Utkarsh SFB Portfolio Micro-banking – Focus on building a larger MBBL book with demonstrated asset quality performance Share of JLG Portfolio in Total Disbursements Gross Loan Portfolio
Slide 14: Non-Micro Banking Portfolio
Non-Micro Banking Portfolio Strategic growth in Non-Micro Banking loans contributed to diversification of the portfolio and maintain NIMs Share of Non- Micro % Mix of Disbursements (FY23-Q1’FY26) Gross Loan Disbursemen Banking Portfolio Secured in INR Cr. Portfolio Product Product Characteristics t
Slide 15: Diversified distribution network with significant cross-selling opportunities
Diversified distribution network with significant cross-selling opportunities Extensive physical network of Banking Outlets (Jun’25) Potential for Retail Assets within existing Branches (Jun’25) Subset of GB Branches >50 Outlets Total Micro General MSME HL Wheels 1 <50 Outlets STATES Banking Banking
Slide 16: Largest Banking Network Amongst SFBs
Largest Banking Network Amongst SFBs Well-calibrated expansion strategy ensuring targeted approach to serve micro and non-micro customers Banking Outlet Banking outlets Micro Banking General Outlets Banking Outlets 1,092 1,099 830 888 Located primarily in Semi-urban, urban and metro Location rural a
Slide 17: Significant Potential to Increase Branch Productivity
Significant Potential to Increase Branch Productivity; Operational efficiency to kick-in FY’23 Branch Opened (#) FY’24 Branch Opened (#) FY’25 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 251 276 331 6 12 6 1 4 20 23 8 More Branches opened in FY25 as compared to FY24 196 No. of GB Branches Out of 55 Branches opened
Slide 18: Growing Deposits with strong focus on Retail Deposits
Growing Deposits with strong focus on Retail Deposits Variety of Deposit products Increase in No. of Deposit customers (#) Mn. Diversified liabilities products at Only Depositors Both Borrowers & Depositors competitive rates 2.04 1.86 1.89 1.87 Savings Salary 1.60 Account Account Target primaril
Slide 19: Growing deposits with strong focus on retail deposits (Cont'd)
Growing deposits with strong focus on retail deposits (Cont’d) Geographically well diversified Deposits mix % CASA Deposits (Jun25)1 INR Cr. 27 34% 4,699 4,229 Uttar Pradesh 17.2% Retail Term Deposits 3,582 # of States and UTs YoY Growth % Maharashtra 12.2% (Jun-25) 2,864 NCT of Delhi 12.0% 93% 5.2%
Slide 20: Financial Metrics
Financial Metrics Yield, Cost of Funds & Net Interest Margin Cost to Income ratio GNPA & NNPA Yield on Advances GNPA* NNPA** 83.0% Cost of Funds 11.4% 9.4% 19.2% 19.0% 17.9% 61.6% 15.6% 56.4% 54.1% 4.8% 5.0% 8.2% 9.7% 8.1% 3.2% 9.4% 2.5% 0.4% 0.03% 7.1% 7.8% 5.9% 8.0% FY23 FY24 FY25 Q1'FY26 FY23 FY2
Slide 21: Three years rolling Return on Equity (RoE)
Three years rolling Return on Equity (RoE) Average: 13.0% (6-Year) Average: 14.4% Average: 15.5% Average: 12.4% Average: 11.6% 22.9% 20.5% 19.5% 10.1% 4.2% 0.8% FY20 FY21 FY22 FY23 FY24 FY25 Despite multiple Black Swan events in the industry, USFB’s rolling ROEs have remained to the north of 11% 20
Slide 22: Driving Sustainable Business Growth In The Modern World
Driving Sustainable Business Growth In The Modern World Automation / Efficiency Transformation 5x improvement via automation BOT Re-architecting and revamping the old technology stack Process re-engineering & Collection workflow New Core Banking (Finacle) Implementation in Geo Tagging faci
Slide 23: Focus on robust risk management and effective operations
Focus on robust risk management and effective operations Risk Management practices in Credit Assessment Robust Underwriting Discipline Enhanced Financial Due Diligence Scorecard-based evaluation ensures Deployment of advanced analytical tools (e.g., objective borrower assessment. Perfios) for co
Slide 24: Diversified & Experienced Board
Diversified & Experienced Board Board Members of the Bank Dr. Kshatrapati Shivaji Parveen Kumar Gupta Part Time Chairman & Independent Director (w.e.f. July 01, 2025) Independent Director (Part Time Non-Executive Chairman till June 30,2025) • IAS (Retd.); experienced in Banking, Economics, Finance,
Slide 25: Leadership Complementing Bank's Strengths
Leadership Complementing Bank’s Strengths Senior Management Team Govind Singh - Managing Director & Chief Executive Officer Pramod Kumar Dubey – Executive Director • Over 25 years of experience in the banking and financial services sector • Previously worked with ICICI Bank as the Head of Operations
Slide 26: Utkarsh Small Finance Bank & UCL Shareholding Pattern
Utkarsh Small Finance Bank & UCL Shareholding Pattern Bank Shareholders as on June 30th, 2025 UCL Shareholders as on June 30th, 2025 Top 10 Shareholders as on June 30th, 2025 Shareholders %Shareholding Utkarsh CoreInvest Limited British International Investment PLC 13.81% Olympus ACF Pte. Ltd. RBL B
Slide 27: Annexure: Financials & KPIs
Annexure Financials & KPIs
Slide 28: Snapshot for the period ending June 30, 2025
Utkarsh Small Finance Bank - Snapshot for the period ending June 30, 2025 NETWORK ASSETS LIABILITIES FINANCIAL CAPITAL ASSET QUALITY PERFORMANCE STRUCTURE ₹19,224 cr. vs. Loss ₹239 cr. vs. ₹2,739 cr. vs. ₹21,489 cr. vs. 11.4% vs. [2.8%] 1,099 vs. [916] [₹18,798 cr.] Profit [₹137 cr.] [₹3,119 cr.] [₹
Slide 29: Statement of Profit & Loss
Statement of Profit & Loss INR Crores FY23 FY24 FY25 Q1 FY26 INCOME Audited Limited Review Total Interest Earned 2,505 3,178 3,765 881 Less : Interest Expense 976 1,293 1,742 479 Net Interest Income 1,529 1,886 2,023 402 Add : Other Income (Processing Fee on loans+ Transaction and 299 400 600 138 ot
Slide 30: Statement of Assets and Liabilities
Statement of Assets and Liabilities Particulars March 31st, 2023 March 31st, 2024 March 31st, 2025 June 30th, 2025 CAPITAL & LIABILITIES Audited Limited Review Capital and Reserves 2,000 2,973 2,975 2,739 Deposits 13,710 17,473 21,566 21,489 Borrowings 2,349 1,995 2,355 2,210 Other Liabilities and P
Slide 31: Key Metrics
Key Metrics Key Performance Indicators (KPIs) FY23 FY24 FY25 Q1 FY26 OPERATIONS Banking Outlets (in No.) 830 888 1,092 1,099 Gross Loan Portfolio (₹ in crore) 13,957 18,299 19,666 19,224 Gross Loan Portfolio Y-o-Y Growth (%) 31.29% 31.11% 7.47% 2.27% Secured Advances as % of Gross Loan Portfolio 31.
Slide 32: Key Metrics (Contd.)
Key Metrics (Contd.) Key Performance Indicators (KPIs) FY23 FY24 FY25 Q1 FY26 ASSET QUALITY Gross NPA (%) 3.23% 2.51% 9.43% 11.42% SMA 1 % 0.77% 0.97% 2.26% 2.38% SMA 2 % 0.70% 0.96% 1.77% 1.76% Provision Coverage Ratio (excl. Technical Write-offs)3 (%) 66.82% 63.33% 51.18% 59.15% Net NPA (%) 0.39%
Slide 33: Disclaimer
Disclaimer This corporate presentation includes the details of “Utkarsh Small Finance Bank Limited (the “Bank”) and has been prepared solely for information purposes and to provide background information about the Bank and its performance. This presentation is confidential and is intended only for t
Slide 34: Disclaimer
Disclaimer Certain data contained in this Presentation was obtained from various external data sources, and none of the Bank or any of its respective affiliates, advisers or representatives has verified this data with independent sources. Accordingly, the Bank and its respective affiliates, advisers
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