Ujjivan Small Finance Bank announced Q2FY26 results Q2FY26 PAT of Rs 122 crore up 18.2% QoQ. PPoP grew 9.6% QoQ to Rs 395 crore. Net Interest Income at Rs 922 crore up 7.7% QoQ, reversing the trend of 3 quarters. Q2FY26 RoA / RoE at 1.0% / 7.7% Deposits: Deposits at Rs 39,211 crore as of Sep’25 up 15.1% YoY. CASA at Rs 10,783 crore up 22.1% YoY with CASA ratio at 27.5% as of Sep’25. Cost of Funds dropped to 7.3% from 7.6% in Q1FY26 Assets: Highest ever disbursements at Rs 7,932 crore, Growth of 47.6% YoY and 21.3% QoQ. Gross loan book at Rs 34,588* crore up 14.0% YoY and 3.9% QoQ. Secured book share at 46.8% as of Sep’25 vs 34.9% as of Sep’24 and 45.5% as of Jun’25. Micro Banking disbursements stood at Rs 4,259 crore, up 29.3% YoY and 8.3% QoQ. Micro Banking book grew to Rs 18,570 crore, up 1.5% QoQ Collection and Asset Quality: Portfolio at Risk/GNPA/NNPA at 4.45%/2.45%/0.67% respectively as of Sep’25; for Jun’25 at 4.81%/2.52%/0.71% respectively. Provision coverage ratio as of Sep’25 is 73%. Bucket-X collection efficiency remained strong for Group and Individual Loan book at 99.5% for Sep’25. Overall SMA dropped to 1.99%; lowest level since Q1FY25 Capital Position: Capital adequacy ratio at 21.4% with Tier I at 19.9% Sanjeev Nautiyal, MD & CEO, Ujjivan Small Finance Bank, said: “We have delivered a well calibrated growth for the quarter by ensuring absorption of excess liquidity thereby taking our CD ratio to 88.2%. Total deposits were up 1.5% QoQ and up 15.1% YoY at Rs 39,211 crore. CASA grew 14.9% QoQ and 22.1% YoY to Rs 10,783 crore, while Retail TD plus CASA deposits remained around 71% of total deposits. Our CASA augmentation efforts are just beginning to take shape. The MF distribution and forex products would be rolled out to customers in Q3, while future rollout of ASBA will further drive CASA mobilization. We have proactively reset rates in both TD and SA in various buckets resulting in improvement in cost of funds by 23 bps QoQ and 17 bps YoY. We expect further CoF benefits in coming quarters. Loan origination remained strong this quarter with one of the highest disbursements of Rs 7,932 crore up 21.3% QoQ and 47.6% YoY. For H1FY26, disbursements grew 35.8% to Rs 14,471 crore, led by continued momentum in the secured loan book. Our Gross Loan Book grew 3.9% QoQ and 14.0% YoY to Rs 34,588 crore in Q2FY26, driven by our disciplined approach to diversify asset suite and build a sustainable portfolio. The faster growth in the secured products compared to unsecured led to share of secured loans coming at 47%. As guided, our microfinance portfolio is stabilising with improving repayment behaviour reflected in Bucket X collection efficiency of 99.45% to 99.50% consistently for 3 months of Q2FY26. Our overall asset quality as reflected in credit costs has remained flat at 2.8%, and we remain on track for sequential improvements in the remaining quarters of the financial year. PAT for Q2 at Rs 122 crore is up 18.2% QoQ. RoA and RoE increased sequentially and came in at 1.0% & 7.7% respectively. With strategic branch expansion and product diversification supporting our future growth plans, we remain confident to grow advances in FY26 by around 20% with credit costs contained in the range of 2.3% to 2.4% of gross loan book.” Result PDF