Growing Bigger & Stronger Consistently

NII at ₹ 823 crore up 24% Y-o-Y; PAT at ₹ 328 crore up 11% Y-o-Y

Disbursed ₹ 5,749 crore / ₹ 11,033 crore in Q2FY24/H1FY24; Gross loan book up 27% Y-o-Y

Asset quality continues to be healthy with GNPA/NNPA at 2.2%/0.09% & PAR at 3.7%;

Deposits at ₹29,139 crore up 43% Y-o-Y; Retail TDs^ up 56% Y-o-Y

Bengaluru, Friday 27 October, 2023: Ujjivan Small Finance Bank ltd. [BSE: 542904; NSE: UJJIVANSFB], today announced its financial performance for the quarter ended and half year ended September 30, 2023

Summary of Ujjivan Small Finance Bank Business Performance – Q2FY24 and H1FY24

Assets
Disbursements were at ₹ 5,749 crore/ ₹ 11,033 crore in Q2FY24/H1FY24 up 18%/20% Y-o-Y
Affordable Housing$ disbursed ₹ 541 crore/ ₹ 959 crore in Q2FY24/H1FY24 up 69%/58% Y-o-Y
Gross loan book at ₹26,574* crore up 27%/5% Y-o-Y/Q-o-Q
Collection and Asset Quality
Continued traction on Collections with ~99% efficiency in Sep’23; NDA collection consistently at ~100%
Portfolio at risk* at 3.7% as of Sep’23
GNPA* declined to 2.2% as of Sep’23 vs 2.4% as of Jun’23; NNPA* continues to be negligible at 0.09% as on Sep’23
Total of ₹ 56 crore written-off in Q2FY24; Provision coverage ratio as on Sep’23 is 96%#
Deposits
Deposits at ₹29,139 crore as of Sep’23 up by 43%/9% Y-o-Y/Q-o-Q
Retail TD^ grew 56%/8% Y-o-Y/Q-o-Q
CASA grew 28%/7% Y-o-Y/Q-o-Q; CASA ratio at 24.1% as on Sep’23
Nationwide brand campaign and launch of value-add products yielding results
Financials
Q2FY24 NII of ₹823 crores up 24% Y-o-Y; NIM at 8.8%* for Q2FY24
Cost to Income ratio at 52.2% in Q2FY24 vs 52.5% for Q2FY23
Q2FY24 PPoP at ₹483 crore up 26% Y-o-Y; PAT of ₹328 crore up 11% Y-o-Y
Capital and Liquidity
Capital adequacy ratio at 25.2% with Tier-1 capital at 22.5%
Provisional LCR at 158% as on 30 Sep’23