Ujjivan Small Finance Bank Ltd. [BSE: 542904; NSE: UJJIVANSFB] on Friday reported a strong financial performance for Q2 FY26, with net profit rising 18.2% quarter-on-quarter to ₹122 crore. The bank’s secured loan book grew 52.9% year-on-year to ₹16,173 crore, comprising 46.8% of total loans, while gross disbursements hit a record ₹7,932 crore, up 47.6% YoY.
Deposits climbed 15.1% YoY to ₹39,211 crore, with CASA deposits rising 22.1% to ₹10,783 crore. Net interest income increased 7.7% QoQ to ₹922 crore, reversing a three-quarter declining trend. Asset quality remained healthy, with GNPA at 2.45% and bucket-X collection efficiency steady at 99.5%. The bank’s capital adequacy ratio stood at 21.4%, with Tier I at 19.9%. Mr. Sanjeev Nautiyal, MD & CEO, highlighted strong loan origination and microfinance stabilization, while noting future CASA growth through MF, forex products, and ASBA rollout.
In Agartala, Ujjivan’s branch network has contributed to local credit access, with businesses and retail customers witnessing easier loan disbursements and deposit services. Analysts say the enhanced deposit mobilization and secured lending could support regional economic activity, particularly in small-scale enterprises and retail markets. With strategic branch expansion and product diversification, Ujjivan SFB expects advances to grow around 20% in FY26 while keeping credit costs controlled.
