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Utkarsh SFB shows strong Q1 FY27 recovery: total disbursements surged 49% YoY, led by 93% non-JLG growth.

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Utkarsh Small Finance Bank LimitedUTKARSHBNK · Filed with the exchange

GNPA improved to 5.9%, down 550 bps YoY.

Net loss significantly reduced by over 80% to INR34 crores.

Secured lending now comprises 51% of the loan book.

Management aims for 25-30% loan growth and 15% ROE by FY28, focusing on diversification, risk management, and operational efficiency.

The bank plans to raise INR500 crores via Tier 2 NCDs to boost capital.

Confident in JLG potential under new guardrails and 80% CGFMU coverage for new disbursements.

Productivity drive to optimize cost-to-income.

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