Ujjivan Financial Services Ltd
About
Ujjivan Small Finance Bank Limited is an Indian small finance bank based in Bangalore, which commenced operations on 1 February 2017. Ujjivan Financial Services holds an 80 percent stake in the bank. On 7 October 2015, Ujjivan Financial Services received an in-principle approval from the Reserve Bank of India to set up a small finance bank. At the time, the company had already serviced over 2.6 million customers from 464 branches in 24 states. The small finance bank status provided the opportunity to expand Ujjivan's range of loan products and accept deposits rather than relying on other financial institutions to provide funds for the loans. Ujjivan received the final license from the Reserve Bank of India on 11 November 2016 to set up a small finance bank.
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Financial Data 2023
Financial Data
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 4679 51.3% | 3092 -2.8% | 3181 7.1% | 2969 47.5% | 2014 30.4% | 1545 10.5% | 1398 659.5% | 184 -69.9% | 612 71.1% | 358 52.9% | 234 49.7% | 156 -0.1% | 156 86.2% | 84 196.2% | 28 - |
| Net Operating Income (INR Cr) | 4556 52.12% | 2995 -2.51% | 3072 7.28% | 2864 46.36% | 1957 29.04% | 1516 8.86% | 1393 0.00% | 18 -97.12% | 611 71.06% | 357 53.00% | 233 49.71% | 156 -0.23% | 156 86.41% | 84 199.46% | 28 0.00% |
| Profit (INR Cr) | 891 - | -192 - | -199 - | 282 87.6% | 150 479.7% | 26 -87.5% | 208 17.2% | 177 133.8% | 76 29.7% | 58 77.7% | 33 - | 0 -98.9% | 11 18.4% | 10 - | -1 - |
| Assets (INR Cr) | 35018 47.2% | 23795 20.5% | 19750 7.5% | 18375 33.9% | 13720 46.3% | 9379 14.3% | 8205 47.9% | 5549 43.6% | 3864 90.8% | 2025 53.8% | 1317 53.5% | 858 45.8% | 588 71.7% | 343 98.2% | 173 - |
| Net Worth (INR Cr) | 3224 38.8% | 2323 -7.6% | 2512 -11.5% | 2840 51.2% | 1878 8.4% | 1732 -1.4% | 1756 0.0% | 1198 62.6% | 736 97.7% | 373 17.2% | 318 32.3% | 240 106.8% | 116 10.0% | 106 5.0% | 101 0.0% |
| Employee Cost (INR Cr) | 930 13.1% | 822 8.3% | 759 3.3% | 735 35.9% | 541 44.8% | 373 37.5% | 272 - | 1 -99.3% | 133 63.3% | 81 23.7% | 66 9.2% | 60 8.8% | 55 69.9% | 33 128.1% | 14 - |
| Interest Cost (INR Cr) | 1493 | 1071 | 1121 | 1115 | 727 | 602 | 543 | 0 | 271 | 140 | 82 | 61 | 48 | 19 | 7 |
| Cash & Bank Balance (INR Cr) | 2484 | 2188 | 2609 | 1344 | 1097 | 613 | 760 | 491 | 645 | 394 | 179 | 161 | 61 | 23 | 19 |
| Total Debt (INR Cr) | 30776 | 21073 | 16799 | 15204 | 11842 | 7625 | 6392 | 4338 | 3122 | 1650 | 997 | 617 | 472 | 237 | 72 |
Key Financial Ratios
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 19.0% | - | - | 9.5% | 7.5% | 1.7% | 14.9% | 96.3% | 12.4% | 16.3% | 14.1% | 0.1% | 7.3% | 11.5% | - |
| Profit As % Of Assets | 2.5% | - | - | 1.5% | 1.1% | 0.3% | 2.5% | 3.2% | 2.0% | 2.9% | 2.5% | 0.0% | 1.9% | 2.8% | - |
| Profit As % Of Networth | 27.6% | - | - | 9.9% | 8.0% | 1.5% | 11.8% | 14.8% | 10.3% | 15.7% | 10.3% | 0.1% | 9.8% | 9.1% | - |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 41.1% | - | - | 12.7% | 8.3% | 1.5% | 11.8% | 18.3% | 13.7% | 16.9% | 11.8% | 0.1% | 10.3% | 9.4% | - |
| ROCE | 10.5% | 3.6% | 4.3% | 9.6% | 8.1% | 7.4% | 10.5% | 3.9% | 13.1% | 13.7% | 11.9% | 8.4% | 14.1% | 11.8% | 0.0% |