Ujjivan Small Finance Bank Ltd. · NSE:UJJIVANSFB
Ujjivan Small Finance Bank — Q2 FY26 Earnings Presentation
52 slides from Ujjivan Small Finance Bank's earnings presentation, Oct 17, 2025
Slide 1: Intimation to stock exchanges: Investor Presentation Q2FY26
USFB/CS/SE/2025-26/89 Date: October 17, 2025 To, National Stock Exchange of India Limited BSE Limited Listing Department, Listing Compliance, Exchange Plaza, C -1, Block G, Bandra Kurla P.J. Tower, Complex, Bandra (E), Dalal Street, Fort, Mumbai-400 051 Mumbai-400 001 Symbol: UJJIVANSFB Scrip Code:
Slide 2: Q2FY26 Investor Presentation
Q2FY26 Investor Presentation
Slide 3: Disclaimer
Disclaimer • This presentation has been prepared by Ujjivan Small Finance Bank Limited (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. All information contained has been prepared solely by
Slide 4: Key Highlights
Key Highlights ▪ Total Deposit at ₹39,211 Cr up 15.1% YoY and 1.5% QoQ ▪ CASA Deposit at ₹10,783 Cr up 22.1% YoY and 14.9% QoQ; CASA% reached 27.5% Deposits ▪ Cost of Funds dropped to 7.3% from 7.6% in Q1FY26 ▪ Overall Bank customer base increased to 98.8 L, up 8.0% YoY and 2.1% QoQ ▪ Highest ever d
Slide 5: Key Business Highlights Q2FY26
Key Business Highlights Q2FY26 ₹ 34,588# Cr Total ₹ 39,211 Cr Gross Deposits Up 15% YoY Up 14% YoY Loan Book Sep’24: ₹30,344 Cr Sep’24: ₹34,070 Cr ₹ 16,173 Cr ₹ 27,764* Cr Secured Retail TD*+ Up 12% YoY Up 53% YoY Loan Book CASA Sep’24: ₹24,746 Cr Sep’24: ₹10,576 Cr 2.5% / 0.7% GNPA / Coll. Eff. 97.
Slide 6: Key Financial Highlights Q2FY26
Key Financial Highlights Q2FY26 Q2 YoY QoQ H1 YoY Q2FY26 Q2FY25 Q1FY26 H1FY26 H1FY25 Growth Growth Growth NII ₹922 Cr ₹944 Cr (2.3)% ₹856 Cr 7.7% ₹1,778 Cr ₹1,885 Cr (5.7)% NIM 7.9% 9.2% (127) bps 7.7% 21 bps 7.8% 9.2% (141) bps PPoP ₹395 Cr ₹461 Cr (14.3)% ₹360 Cr 9.7% ₹756 Cr ₹970 Cr (22.1)% PAT ₹
Slide 7: Well Diversified Pan India Presence
Well Diversified Pan India Presence Branches Sep’25 Gross Loan Book* (%) – Top 10 States States with branch network Micro Banking Non Micro Banking Karnataka 6.5% 6.4% 12.9% • 26 States and UTs Tamil Nadu 6.7% 6.1% 12.8% • 334 Districts • 766 Branches (194 URCs) West Bengal 7.9% 3.8% 11.7% 2 2 • 8K+
Slide 8: Liabilities: Driving Retail Deposit Base
Liabilities: Driving Retail Deposit Base 7
Slide 9: Deposit Snapshot
Deposit Snapshot Total Liabilities Profile (₹ Crore) Bulk & Retail Deposit (₹ Crore) Retail Deposit Breakup (₹ Crore) 40,475 41,697 42,173 27,884 38,218 38,619 39,211 27,764 36,692 1,700 1,645 37,630 25,274 26,676 2,570 1,626 34,070 34,494 24,746 1,355 8,447 8,494 9,778 7,984 7,834 934 26,676 27,884
Slide 10: Well Diversified Deposit Mix
Well Diversified Deposit Mix Region Wise Deposit Mix Branch Classification Wise Deposit Mix Segment Wise Deposit Mix 5% 20% 22% 27% 39% 42% Sep’25 11% 18% 55% 7% 35% 16% 3% South North East West Metropolitan Rural Semi Urban Urban Bank Corporate Govt Individual TASC 4% 18% 22% 29% 37% Sep’24 43% 17%
Slide 11: Assets: Well-Diversified Growth
Assets: Well-Diversified Growth 10
Slide 12: Gross Loan Book And Disbursement
Gross Loan Book And Disbursement Segment Wise Gross Loan Book Segment Wise Disbursement Gross Loan % Gross % Gross % % Growth Growth Disbursement Growth Growth Particulars Book Loan Book Loan Book Particulars Disbursement Disbursement YoY QoQ (₹ Crore) YoY QoQ (₹ Crore) (Q2FY26) (Q2FY25) (Q2FY26) (Q
Slide 13: Yield And Average Ticket Size
Yield And Average Ticket Size Loan Book Yield (%) 22.3% 22.2% 22.0% 22.0% 22.0% 19.0% 18.4% 18.0% 17.6% 17.5% 12.2% 11.9% 12.0% 12.0% 11.8% Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 *Micro Banking Overall ^Non Micro Banking *Micro Banking: consists of GL & IL / ^Non Micro Banking: consists of MM, AHL, MSME
Slide 14: Drivers Of Secured Book Growth – Housing
Drivers Of Secured Book Growth – Housing Gross Loan Book Growth (₹ Crore) Disbursement (₹ Crore) Yield (%) 19.6% 19.5% 19.4% 19.4% 19.4% 8,749 7,962 6,393 7,308 1,130 1,072 5,783 1,094 758 813 892 723 893 220 238 13.2% 13.2% 13.2% 391 526 129 150 199 12.9% 12.8% 6,585 7,069 7,655 910 834 5,392 5,867
Slide 15: Drivers Of Secured Book Growth – MSME
Drivers Of Secured Book Growth – MSME Gross Loan Book Growth (₹ Crore) Disbursement (₹ Crore) Business Highlights Loan Against Property (LAP): Vintage Business with mix of Semi-Formal and Formal MSMEs Products: Long Term LAP, LRD, DLOD 2,559 2,253 2,046 535 509 Working Capital (WC): New Line Of Busi
Slide 16: Drivers Of Secured Book Growth – New Products
Drivers Of Secured Book Growth – New Products Vehicle Finance Gold Loan Agri Banking Business Performance Business Performance Business Performance ▪ Disbursement Run Rate Achieved: ₹54.9 Crore ▪ Disbursement Run Rate Achieved: ₹72 Crore ▪ Disbursement Run Rate Achieved: ₹45.3 Crore ▪ Yield: ~20% ▪
Slide 17: Asset Quality
5 Asset Quality UuJJIVAN UJJIVAN SMALL FINANCE BANK
Slide 18: Healthy Collections
Healthy Collections Collection Efficiency % GL & IL X-Bucket CE Bank Level Coll. Eff.% (Upto 1 EMI+OD) Bank Level Coll. Eff.% (Upto 1 EMI) 99.4% 99.3% 99.5% 99.4% 99.3% 99.5% 99.5% 99.5% 99.1% 99.2% 99.2% 99.2% 99.2% 99.0% 99.1% 97.8% 98.0% 97.1% 97.0% 97.0% 97.1% 97.0% 97.1% 97.2% 96.5% 96.5% 96.7%
Slide 19: Provision Coverage
Provision Coverage Provision & PCR Q2FY26 Provision Breakup# Std+NPA Provision Floating PCR% 1,150 80% 78% 78% 80% 73% 73% 950 Total NPA 804 provision* 787 Floating 743 772 of ₹613 Crs 710 Provision of 70% 750 ₹181 Crs 170 130 130 120 130 60% 550 50% 657 350 623 634 642 580 GNPA Floating Tier II Oth
Slide 20: Asset Quality
Asset Quality PAR 0, SMA & NPA (%) YTD NPA Movement # PAR SMA GNPA 96 5.36% 5.08% 623 379 4.81% 4.54% 4.45% 2.68% 2.59% 2.52% 2.45% 2.51% 2.68% 2.36% 843 2.29% 696 2.18% 1.99% Opening NPA Slippages Recoveries/ Write-Off Closing NPA Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Upgrades Segment Wise PAR 0 and G
Slide 21: GL And IL – PAR Trends And Top States
GL And IL – PAR Trends And Top 5 States GL PAR Trend IL PAR Trend 6.6% 6.1% 4.7% 5.5% 5.6% 5.7% 4.4% 4.5% 5.4% 4.2% 4.1% 5.4% 3.9% 3.8% 4.4% 4.5% 5.0% 4.8% 3.5% 3.4% 4.4% 3.2% 3.0% 4.1% 2.9% 3.4% 2.7% 3.8% 2.5% 2.4% 3.6% 3.7% 3.6% 2.8% 2.9% 2.2% 2.3% 2.0% 2.0% 1.7% Q2FY25 Q3FY25 Q4 FY25 Q1FY26 Q2FY2
Slide 22: Group Loan: Ujjivan Vs Industry Comparison: PAR 31-180
Group Loan: Ujjivan Vs Industry Comparison: PAR 31-180 Group Loan Tamil Nadu Karnataka West Bengal 12.8% 10.4% 6.7% 6.1% 5.6% 6.0% 5.6% 4.4% 3.4% 3.3% 3.4% 4.9% 4.6% 6.6% 7.2% 4.5% 3.9% 2.1% 4.9% 3.5% 2.9% 2.1% 2.8% 2.2% 8.6% 8.6% 2.6% 1.3% 1.7% 4.2% 7.5% Sept'24 Dec'24 Mar'25 Jun'25 Sept'24 Dec'24
Slide 23: Ujjivan Group Loan - Prudent Lending
Ujjivan Group Loan - Prudent Lending Lender wise GL Loan Book % Trend Disbursements To Borrowers With Peak DPD Of 30+ In Preceding 6 Months Lender Overlap Sep’24 Dec’24 Mar’25 Jun’25 Sep’25 Unique to Ujjivan 45.0% 46.3% 48.3% 49.7% 51.0% 0.29% Ujjivan+1 25.6% 26.2% 27.2% 28.6% 30.0% Ujjivan+2 15.4%
Slide 24: Guidance FY26: Assets, Deposits, Ratios
Guidance FY26 Assets Deposits Ratios Advances Growth: In Line With Advances Cost to Income: ~20% Maintain CD Ratio: ~67% ~88% Credit Cost: Secured Book Growth: 2.3% - 2.4% of GLB CASA%: ~35% ~27% RoE: 10% - 12% RoA: 1.2% - 1.4% 23
Slide 25: Financial Overview
ike Financial Overview UJJIVA ussIvAl E BANK
Slide 26: Financial Overview
Financial Overview Cost to Income Ratio & Operating NII (₹ Crore) & NIM* Expenses/ Average Total Assets (%) Pre-Provision Operating Profit (₹ Crore) 970 9.2% 70 % 6.8% 8.0 % 50 0 4.3% 6.4% 6.3% 9.5% 8.6% 6.3% 6.2% 8.3% 68 % 7.0 % 45 0 3.2% 3.1% 3.2% 4.0 % 9.0% 920 7.9% 8.5% 66 % 6.0 % 40 0 3.0% 3.5
Slide 27: Financial Overview
Financial Overview EPS (₹) PAT (₹ Crore) & RoE Net Worth (₹ Crore) 350 300 15.6% 18.1% 16.1% 250 14.1% 12.1% 6,323 200 7.2% 7.7% 6,191 10.1% 6.7% 6,083 5.6% 150 1.21 8.1% 5,996 233 5,882 6.1% 100 109 122 4.1% 0.56 0.53 0.63 50 83 103 2.1% 0.43 0 0.1% Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q2FY25 Q3FY25
Slide 28: Income Statement
Income Statement Particulars (₹ Crore) Q2FY26 Q2FY25 YoY Growth Q1FY26 QoQ Growth H1-FY26 H1-FY25 YoY Growth Interest Earned 1,682 1,613 4.3% 1,619 3.9% 3,301 3,190 3.5% Other Income 256 207 23.7% 249 2.8% 505 404 25.0% Total Income 1,939 1,820 6.5% 1,868 3.8% 3,806 3,594 5.9% Interest Expended 761
Slide 29: Total Income - Breakup
Total Income - Breakup Particulars (₹ Crore) Q2FY26 Q2FY25 YoY Growth Q1FY26 QoQ Growth H1-FY26 H1-FY25 YoY Growth Interest on loan 1,473 1,405 4.8% 1,399 5.3% 2,872 2,784 3.2% Int. on investments 207 203 2.0% 218 (5.0)% 425 398 6.8% Securitization Income 2 4 (50.0)% 2 0.0% 5 7 (28.6)% Total Interes
Slide 30: Balance Sheet
Balance Sheet As at As at As at Particulars (₹ Crore) Sep 30, 2025 Jun 30, 2025 Sep 30, 2024 CAPITAL AND LIABILITIES Net worth 6,323 6,191 5,882 Capital 1,937 1,935 1,934 Employees Stock Options Outstanding 93 93 82 Reserves and Surplus 4,293 4,163 3,866 Deposits 39,211 38,619 34,070 Borrowings 2,96
Slide 31: Healthy Capital Adequacy
Healthy Capital Adequacy (₹ Crore) Sep’24 Dec’24 Mar’25 Jun’25 Sep’25 Credit Risk Weighted Assets 24,954 25,108 26,240 26,691 29,076 Tier I Capital 5,390 5,548 5,610 5,654 5,782 Tier II Capital* 443 453 451 423 429 Total Capital 5,833 6,001 6,062 6,077 6,211 CRAR 23.38% 23.90% 23.10% 22.77% 21.36% T
Slide 32: Ujjivan – Platform For Growth
Ujjivan – Platform For Growth 31
Slide 33: Serving Customers Through Multiple Channels
Serving Customers Through Multiple Channels Retail Mobile / Internet Banking Payments Business Internet Banking Phone / Video Banking • UPI & UPI Lite service • AePS platform available to promote Digital • PBU offers services in 13 languages • Available in 9 Languages (including English) Inclusion •
Slide 34: Comprehensive Suite Of Product And Services
Comprehensive Suite Of Product And Services Micro-banking Micro, Small & Medium Housing Loans Financial Institutions Others Enterprise Loans Group • Group Loans • Two-Wheeler Loans- • Individual Loans • Prime LAP# - Semi Formal • Construction and Purchase • Term Loan to NBFCs, • Agri Loans • Home Im
Slide 35: Strong IT Infrastructure
Strong IT Infrastructure Financial Inclusion Loan Originating System (LOS) • Delivering solutions through Branches and • For field engagement using Mobile Apps Assisted Channels ILOS, GLOW, HHD, Digital • LOS for Vehicle, Gold, Agri, Housing, Working Repayments options Capital Loans Robust Infrastru
Slide 36: Data Analytics
Data Analytics Data Asset Branch Profitability Outcomes Customer Retention Prescriptive analytics to improve branch Retaining and win-back customers profitability and developed suitable mix across verticals 3 4 to decrease Break-even-period and products 98.8 Lac+ Key metrics: Retention and Win-back
Slide 37: Strong Independent Board
Strong Independent Board Banavar Anantharamaiah Prabhakar Sanjeev Nautiyal Sudha Suresh Chairman and Independent Director Independent Director MD & Chief Executive Officer Education:Commerce graduate, University of Education: BA (Lucknow University), MBA Education: B.Com (Honors) C.A., Grad ICWA, My
Slide 38: Key Management
Key Management Sanjeev Nautiyal Carol Furtado Martin Pampilly S MD & Chief Executive Officer Executive Director Chief Operating Officer Education: BA (Lucknow University), MBA Education: B. Sc (Bangalore University), PGDM Education: COO Certified – IIM Lucknow (Lucknow University) (Mount Carmel Inst
Slide 39: Business Leaders
Business Leaders Rajeev Padmanabh Pawar Hitendra Nath Jha Umesh Arora Head of Treasury Head Retail Liabilities and TASC Head of Emerging Business Education: Master of Business Administration Education: Bachelor of Science, Bachelor of Education: Post Graduate IIM Kozhikode Experience: Growmore Resea
Slide 40: Capital Efficient Growth Model – Poised For Sustainable ROA/ROE Delivery
Capital Efficient Growth Model – Poised For Sustainable ROA/ROE Delivery Balance Sheet Asset Quality & Net Interest Margins (%) Cost to Income (%) Return Profile (%) (Deposits & Advances) Credit Costs • Balance Sheet size at • NIM around 7.9% for • GNPA at 2.45% in ₹49,614 Cr as of Q2FY26 Q2FY26, le
Slide 41: Shareholding Pattern As On Sep’25
Shareholding Pattern As On Sep’25 Top 10 Investors International Financial Corporation 17.1% Franklin Mutual Fund Sundaram Mutual Fund Vanguard Asset Management Limited 20.1% 62.8% Bowhead India Fund Canara Robeco Mutual Fund JM Financial Mutual Fund Motilal Oswal Financial Services Foreign Institut
Slide 42: Annexures
B Annexures UJJIVA ussIvAl E BANK
Slide 43: Awards & Accolades
Awards & Accolades e4m Do Good Awards e4m Do Good Awards Finnoviti Awards 6th Edition Execllence Awards 2025 For Rural Education & Digital For Child Welfare For Whatsapp Banking For Best use of Customer Experience in Connectivity Mobile App Initiative (Banking) India Treasury Summit & 7th Annual Con
Slide 44: ESG At Our Core
ESG At Our Core Environment Scope 1 & 2 ~14,192 KWh Water Waste Paper Saving Scope 3 Emissions Emission Solar Energy Intensity/ Intensity/ through Digitalisation Intensity/Crore Intensity/Crore generated & Crore Turnover: Crore Turnover 31.6 (Million Copies) Turnover: Turnover: used 21.62 (KL) 0.008
Slide 45: ESG Rating
ESG Rating 80/100 Poor Weak Moderate Good Outstanding 0 20 40 60 80 100 Ujjivan Small Finance Bank Limited Previous Score Current Score Rating Symbol Rating Movement ESG Impact Rating - 80 Outstanding - Environment Social Governance 76 40 60 40 60 40 60 20 80 20 80 84 20 80 83 0 100 0 100 0 Good Out
Slide 46: Ujjivan’s Journey
Ujjivan’s Journey 2016- 2023- 17 24 Ujjivan Financial GLB ₹32,122 Crore Services Ltd. (UFSL) Ujjivan SFB IPO Reported highest ever PAT registered as NBFC with In-principle SFB approval launched; listed in Dec ₹1,281 Crore Deposits ₹37,630 Crore RBI in 2015 2019 CASA 25.5% Deposits crossed ROA 3.5%,
Slide 47: 5 Year Annual Trend
iil 5 Year Annual Trend UuJJIVAN UJJIVAN SMALL FINANCE BANK
Slide 48: Performance Track Record (1/4)
Performance Track Record (1/4) Total Deposits (₹ Crore) Retail Deposits(₹ Crore) CASA Breakup (₹ Crore) 9,612 8,335 26,676 6,744 37,630 22,085 8,494 31,462 4,993 16,862 7,566 25,538 6,159 4,488 2,699 18,292 9,921 13,136 2,257 6,242 504 585 768 1,118 442 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 F
Slide 49: Performance Track Record (2/4)
Performance Track Record (2/4) Gross Loan Book (₹ Crore) Disbursement (₹ Crore) 32,122 29,780 23,464 23,389 20,037 24,085 18,162 14,113 15,140 8,397 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Branch Network (Nos) Employees (Nos) Asset Customer* (Nos Lakh) 24,374 22,566 753 752 17,870 16,895 4
Slide 50: Performance Track Record (3/4)
Performance Track Record (3/4) Margin (%) Operating Efficiency (%) Asset Quality (%) 7.1% 7.1% 9.5% 8.8% 9.5% 9.1% 8.8% 6.3% 6.8% 6.3% 6.3% 80 % 6.2% 7.0 % 70 % 6.0 % 7.5% 60 % 2.9% 2.6% 7.3% 7.3% 2.2% 2.2% 5.0 % 50 % 6.4% 70% 6.2% 62% 61% 55% 54% 40 % 4.0 % 0.6% 0.3% 30 % 0.04% 3.0 % 0.5% 20 % 2.0
Slide 51: Performance Track Record (4/4)
Performance Track Record (4/4) Net Worth (₹ Crore) BVPS (₹) Cross Cycle RoA (%) COVID-19 Effect Average ROA: 1.4% 31.4 6,084 5,613 3.9% 29.1 3.5% 4,209 20.5 3,219 2,802 17.5 15.1 1.6% 0.04% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 -1.9% CRAR (%) EPS (₹) Cross Cycle
Slide 52: Thank You
THANK YOU For Investor Queries: investorrelations@ujjivan.com siddharth.bharadwaj@ujjivan.com gaurav.sah@ujjivan.com 51
Ujjivan Small Finance Bank — Q2 FY26 Earnings Presentation on 6ix