One of India’s top financial institutions, Ujjivan Small Finance Bank, has experienced substantial expansion over time. The bank’s primary business sectors are microfinance, loans to small and medium-sized businesses (SMEs), affordable housing, agribusiness, and personal loans. The success of Ujjivan Small Finance Bank is largely down to its client-centric strategy and creative financial solutions, which have assisted the bank in growing its customer base and market share.
For the fourth quarter of FY23, Ujjivan Small Finance Bank had significant growth on both the top-line and bottom-line fronts. PAT increased by 144.62% from 126.52 crores in Q4 FY22 to roughly 309.50 crores in Q4 FY23. The highest-ever performances across all categories were what drove the profitability. The SFB disbursed 6,001 crores in Q4 FY23 and 20,037 crores for the whole year, surpassing significant milestones. The lender had overall growth, with Housing and FIG reaching milestone quarterly disbursements of $439 billion and $318 billion, respectively, the greatest quarterly disbursements ever for both divisions. The institution further reported gross loans of 24,085 crores, an increase of 33% YoY and 10% QoQ. The difference between interest generated and interest paid, or net interest income (NII), totaled 738.01 crores in Q4FY23, up a staggering 35.66% from 543.98 crores in Q4FY22 and 696.95 crores in the December 2022 quarter. Additionally, the SFB reported a provision loss of 1.93 crores in the quarter ending March 2023, which is higher than the provision loss of 22 lahks in the third quarter of FY23. The provisions totaled 90.40 crore as of the third quarter of 2022. Regarding asset quality, gross non-performing assets (NPA) fell sharply to 2.88% in Q4FY23 from 3.64% in Q3FY23 and 7.34%. Additionally, net NPA decreased to 0.04% from 0.05% in the March 2022 quarter and 0.61% in the December 2022 quarter.
Understanding the potential share price rise of Ujjivan Small Finance Bank in the upcoming years is becoming increasingly important as investors look to invest in the bank. We will examine the numerous variables that could affect the performance of the bank’s share price from 2023 to 2030 in this post.
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USFB IN RECENT NEWS
- Ujjivan Small Finance Bank has declared an interim dividend of Rs 0.55 for preference shares and 0.75 for equity shares.
- With a move into Andhra Pradesh, Ujjivan Small Finance Bank plans to open 100 new branches in 2023–24 as it strives for a 25% loan book growth and 30% deposit growth in the current fiscal year.
- The market capitalization of Ujjivan Small Finance Bank Limited increased by 5.1 billion last week.
- “If I had to pick a stock within the banking space, there are couple of names one is Ujjivan Small Finance Bank. It looks very good on charts, even though the stock has run up in trade today but look at the volumes”, said Aditya Agarwala.
- Emkay Global Financial has given a buy recommendation on Ujjivan Small Finance Bank’s shares with a target price of Rs 38 in its research report.
USFB SHARE PRICE TARGET 2023
|USFB SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
The share price target for USFB (Ujjivan Small Finance Bank) in 2023 appears to be highly variable. The share price is expected to fluctuate between ₹16.96 and ₹43.01 throughout the year. The share price target for USFB in June and October 2023 is expected to range between ₹20.35 and ₹26.45. However, the share price is expected to peak at ₹43.01 in December 2023, marking a significant increase from the minimum price target of ₹16.96 in May 2023. This wide variation in share price target for USFB in 2023 highlights the importance of keeping a close eye on the market trends and adjusting investment strategies accordingly.
USFB SHARE PRICE TARGET 2024
|USFB SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
The share price target for USFB in 2024 is also expected to exhibit a fair amount of variability. The share price is anticipated to fluctuate between ₹31.21 and ₹1037.03 over the course of the year. The maximum price target of ₹1037.03 is expected in January 2024, while the minimum price target of ₹31.21 is expected in May 2024. The share price target for USFB in February, March, and June 2024 is expected to range between ₹37.45 and ₹53.55, while in October, November, and December, the share price target is expected to range between ₹43.25 and ₹60.22.
USFB SHARE PRICE TARGET 2025
|USFB SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
The share price is expected to increase steadily throughout the year. The maximum share price target for January 2025 is ₹61.43, and the minimum share price target is ₹47.25. In February 2025, the maximum share price target is ₹64.66, and the minimum share price target is ₹49.74. In March 2025, the maximum share price target is ₹67.89, and the minimum share price target is ₹52.22. The maximum and minimum share price targets for the following months also show an upward trend, with a maximum share price target of ₹73.05 and a minimum share price target of ₹56.19 in December 2025.
USFB SHARE PRICE TARGET 2026 TO 2030
|USFB SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
The USFB share price target for 2026 is expected to be between ₹51.13 and ₹35.79. In 2027, the share price is expected to decrease further, with a maximum target of ₹43.46 and a minimum of ₹30.43. However, the share price is expected to increase again in 2028 with a maximum target of ₹78.24 and a minimum of ₹54.77. In 2029, the share price is expected to skyrocket with a maximum target of ₹160.71 and a minimum of ₹112.50. Finally, in 2030, the share price is expected to remain high, with a maximum target of ₹178.97 and a minimum of ₹125.28.
FINANCIAL STRENGTH OF UJJIVAN SMALL FINANCE BANK (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|Total Income Growth (%)||0.29||3.01||48.50||29.01||598.51|
|Provisions & Contingencies||1,005.08||801.00||287.31||109.80||312.76|
|Provisions & Contingencies Growth (%)||25.48||178.79||161.66||-64.89||5,810.60|
|Profit after Tax (PAT)||-414.59||8.30||349.92||199.22||6.86|
|PAT Growth (%)||-5,096.93||-97.63||75.65||2,802.94||0.00|
|Net Interest Margin (%)||7.51||8.48||8.87||8.05||9.08|
|Net Profit Margin (%)||-14.73||0.29||12.94||10.87||0.46|
|Basic EPS (₹)||-2.40||0.05||2.19||1.20||0.05|
Ujjivan Small Finance Bank’s financial statement shows a mixed trend in terms of growth in the past five years. The total income for the fiscal year 2022 was slightly higher than the previous year, indicating a marginal growth rate of 0.29%. However, the revenue growth rate for the fiscal year 2020 was a remarkable 48.50%. On the other hand, the provisions and contingencies increased significantly in the past five years, with the highest amount of Rs. 1,005.08 crores in the fiscal year 2022. The profit after tax (PAT) had a negative growth rate of 5,096.93% for the fiscal year 2022, primarily due to the higher provisions and contingencies. However, the PAT for the fiscal year 2020 was Rs. 349.92 crores, showing a positive growth rate of 75.65%. The net interest margin (NIM) was 7.51% for the fiscal year 2022, which is lower than the previous year. The basic earnings per share (EPS) were positive in 2023, with a growth of more than 330% YoY, it is currently at 5.63 .. Overall, the financial statement of Ujjivan Small Finance Bank suggests a mixed trend in terms of profit and loss, revenue growth, and profit growth over the past five years.
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What is the maximum share price target of Ujjivan Small Finance Bank in 2026?
The maximum share price target of Ujjivan Small Finance Bank in 2026 is Rs. 51.13
What is the maximum share price target of Ujjivan Small Finance Bank in 2027?
The maximum share price target of Ujjivan Small Finance Bank in 2027 is Rs. 43.46
What is the maximum share price target of Ujjivan Small Finance Bank in 2028?
The maximum share price target of Ujjivan Small Finance Bank in 2028 is Rs. 78.24
What is the maximum share price target of Ujjivan Small Finance Bank in 2029?
The maximum share price target of Ujjivan Small Finance Bank in 2029 is Rs. 160.71
What is the maximum share price target of Ujjivan Small Finance Bank in 2030?
The maximum share price target of Ujjivan Small Finance Bank in 2030 is Rs. 178.97
CONCLUSION: UJJIVAN SMALL FINANCE BANK SHARE PRICE TARGET
Ujjivan Small Finance Bank’s financial statements for the previous five years demonstrate that the business has performed inconsistently. The company’s overall revenue has increased consistently, while the PAT growth rate has fluctuated. The corporation has also seen a significant rise in provisions and contingencies over time. The net profit margin has fluctuated while the net interest margin has been falling. For the fiscal year 2022, the basic EPS has been negative. Hence, it is challenging to determine whether Ujjivan Small Finance Bank shares are a good investment or not based on the facts at hand.