Utkarsh Coreinvest Ltd

Utkarsh Coreinvest Ltd

Next 500 2024
OVERVIEW
FINANCIALS

About

Utkarsh CoreInvest Limited, formerly known as Utkarsh Micro Finance Limited, is the holding company of Utkarsh Small Finance Bank. Established in 2009, the company began as a microfinance institution providing financial services to underserved populations. Over the years, it expanded its offerings to include micro enterprise loans, housing loans, and micro pension products. In 2016

Website: www.utkarshcoreinvest.com

Featured In Fortune India Ranking

Next 500 India
Next 500 India
#73(2024)
#73(2024)

Financial Data 2024

Revenue
3,384
(INR Cr)
Net Operating Income
3,140
(INR Cr)
Assets
24,881
(INR Cr)
Profit
244
(INR Cr)
Net Worth
2,023
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS20242023202220212016
Revenue
(INR Cr)
3384
15.2%
2938
40.3%
2095
17.5%
1782
602.3%
254
-
Net Operating Income
(INR Cr)
3140
14.41%
2745
38.79%
1978
16.61%
1696
0.00%
252
0.00%
Profit
(INR Cr)
244
-48.1%
470
655.0%
62
143.8%
26
-30.7%
37
-
Assets
(INR Cr)
24881
28.4%
19382
31.5%
14742
23.9%
11899
701.9%
1484
-
Net Worth
(INR Cr)
2023
15.1%
1757
33.5%
1316
9.2%
1206
0.0%
192
0.0%
Employee Cost
(INR Cr)
740
29.2%
573
31.0%
437
31.6%
332
548.8%
51
-
Interest Cost
(INR Cr)
12981025799763112
Cash & Bank Balance
(INR Cr)
3029251718721170227
Total Debt
(INR Cr)
219701730613198105601278

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS20242023202220212016
Profit As % Of Revenues 7.2%16.0%3.0%1.4%14.5%
Profit As % Of Assets 1.0%2.4%0.4%0.2%2.5%
Profit As % Of Networth 12.1%26.7%4.7%2.1%19.2%
Interest Cost to EBITDA % -----
Debt to Equity Ratio -----
RONW 17.5%36.0%4.8%2.0%19.2%
ROCE 8.1%10.5%6.7%6.8%11.6%