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23 Sep 2025 |
Ujjivan Small Finance
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Consensus Share Price Target
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44.77 |
55.20 |
- |
23.30 |
buy
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10 Nov 2021
|
Ujjivan Small Finance
|
Axis Direct
|
44.77
|
20.00
|
21.05
(112.68%)
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Target met |
Hold
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We maintain our HOLD rating given the delay in the ROE normalization, higher restructured pool with concerns of elevated slippages especially from the MFI pool and asset quality concerns (primarily in the MFI book). We introduce FY24E estimates and value UJSFB at 1.4x H1FY24E ABV to arrive at a targ
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28 Sep 2021
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Ujjivan Small Finance
|
ICICI Securities Limited
|
44.77
|
20.00
|
20.00
(123.85%)
|
|
Hold
|
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Ujjivan SFB (Ujjivan) published Aug’21 business update on (September 24, 2021) and the key takeaways include – i) gradually approaching normalcy on most business parameters, ii) increased focus on containing incremental stress, 100- day plan for each vertical with focus on PAR reduction & NPA recovery, and iii) credit cost guidance of Rs11-12bn vs Rs4.7bn in Q1FY22 reflects improving asset quality trend.
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19 Aug 2021
|
Ujjivan Small Finance
|
Edelweiss
|
44.77
|
|
19.70
(127.26%)
|
|
Not Rated
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Company Update
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11 Aug 2021
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Ujjivan Small Finance
|
Geojit BNP Paribas
|
44.77
|
30.00
|
25.70
(74.20%)
|
|
Accumulate
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Ujjivan Small Finance Bank, the wholly owned subsidiary of Ujjivan Financial Services Ltd. (USFL) serves over 58.2 lakh customers through 575 branches and 16,102 employees spread across 248 districts of 24...
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09 Aug 2021
|
Ujjivan Small Finance
|
Axis Direct
|
44.77
|
32.00
|
26.55
(68.63%)
|
|
Buy
|
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We maintain our BUY recommendation and value UJSFB at 1.7x FY23E ABV to arrive at a target price of Rs 32/share, implying an upside of 17% from CMP.
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08 Aug 2021
|
Ujjivan Small Finance
|
Edelweiss
|
44.77
|
33.00
|
27.35
(63.69%)
|
|
Buy
|
|
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Second wave induced credit costs eroding profitability
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08 Jul 2021
|
Ujjivan Small Finance
|
Axis Direct
|
44.77
|
37.00
|
30.25
(48.00%)
|
|
Buy
|
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We currently have a BUY recommendation on the stock with a target price of Rs 37/share (1.8x FY23E ABV), implying an upside of 17% from CMP.
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19 May 2021
|
Ujjivan Small Finance
|
Axis Direct
|
44.77
|
37.00
|
29.60
(51.25%)
|
|
Buy
|
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While COVID 2.0 related headwinds are likely to delay the recovery process, we remain confident in the resilience of the business model. We maintain a BUY on the stock. We value UJSFB at 1.8x FY23E ABV and arrive at a target price of Rs. 37/share, implying an upside of 21% from CMP.
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17 Feb 2021
|
Ujjivan Small Finance
|
LKP Securities
|
44.77
|
48.00
|
33.75
(32.65%)
|
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Buy
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12 Feb 2021
|
Ujjivan Small Finance
|
Geojit BNP Paribas
|
44.77
|
37.00
|
35.35
(26.65%)
|
Target met |
Hold
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Ujjivan Small Finance Bank, the wholly owned subsidiary of Ujjivan Financial Services Ltd. (USFL) serves over 56.6 lakh customers through 575 branches and 16,733 employees spread across 244 districts of 24 states in India with gross loan book size of Rs.13,638cr. Also, it has about 477 full-service banking outlets with a deposit base of Rs.11,617cr. Pre-Provision profit reported a growth of 42% on a YoY basis due to lower operating expenses and strong fee and other income. Higher credit cost and upfronting of provisions hurt bottom-line as the...
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