Ujjivan SFB Q4 profit triples to ₹282 crore in FY26

Profit jumps three-fold in March quarter

Ujjivan Small Finance Bank reported a sharp rise in profitability for the March 2026 quarter, with net profit at ₹281.97 crore. The bank had posted net profit of ₹83.39 crore in the year-ago quarter, as per standalone data. The Q4 profit was also higher than the December 2025 quarter profit of ₹185.72 crore. The performance points to stronger operating leverage in the quarter, supported by higher revenue and operating profit. Earnings per share (adjusted) for the latest quarter rose to ₹1.45, compared with ₹0.43 a year ago. Sequentially, adjusted EPS moved up from ₹0.96 in the December 2025 quarter. The results were shared under “Financial Results for the quarter and year ended March 31, 2026”.

Revenue and operating profit trend

Standalone total revenue for the March 2026 quarter came in at ₹2,185.06 crore. This was up 6.7% quarter-on-quarter from ₹2,047.40 crore in December 2025. On a year-on-year basis, revenue rose 18.6% from ₹1,843.05 crore in the March 2025 quarter. Operating profit for the March 2026 quarter stood at ₹514.60 crore. That marked 17.0% sequential growth over ₹439.80 crore and 43.0% growth over ₹359.76 crore a year earlier. The combination of higher revenue and faster operating profit growth helped push profitability higher in Q4. The reported growth rates in the table show profit growth outpacing revenue growth in the quarter. This pattern is also reflected in the large year-on-year jump in net profit.

Q4 numbers in context: QoQ and YoY

Net profit increased 51.8% sequentially in Q4 FY26, from ₹185.72 crore in Q3 FY26. Year-on-year, net profit rose 238.1% from ₹83.39 crore, which is consistent with the “three-fold” increase highlighted in the update. Adjusted EPS increased 51.0% sequentially and 237.2% year-on-year, mirroring the profit trend. The quarterly revenue line shows steadier growth than profit, indicating that costs, provisions, or operating factors likely moved favourably in Q4, though the provided table does not break down expense lines. Separately, a market-data snippet in the provided text notes that profit margins (13%) are lower than last year (24.6%). Another line in the same snippet states that earnings are forecast to grow 40.42% per year. Those statements were listed alongside the results context but without further detail on methodology. Investors typically track whether improved quarterly profit translates into sustained margins and return ratios over subsequent quarters.

Investor call rescheduled to May 8

Ujjivan Small Finance Bank informed exchanges that it rescheduled its conference call for investors and analysts. The call was set for Friday, May 08, 2026 at 4:00 PM IST. It was originally scheduled at 5:00 PM IST. The stated purpose of the call was to discuss the financial results for the quarter and year ended March 31, 2026. Such calls are usually used to clarify drivers behind quarterly moves and to address questions on business trends, funding costs, asset quality, and guidance. The rescheduling note was carried by BSE India in the provided text. No additional agenda items or presentation details were included in the extract. Market participants often watch these calls for updates on credit costs and portfolio mix.

Key financial snapshot (standalone)

Broader small finance bank context and peer datapoints

The provided material also carried detailed quarterly metrics for AU Small Finance Bank for Q4 FY26, offering a point of reference for the segment. AU Small Finance Bank reported net profit of ₹832 crore in Q4 FY26, up 65% year-on-year, supported by lower provisions and healthy net interest income (NII). Its NII rose 23% year-on-year to ₹2,582 crore, while other income fell 4% to ₹731 crore due to a loss of income from treasury operations. AU’s net interest margin was reported at 6% for Q4 FY26, up 3 basis points over the previous quarter and 2 basis points over the same period last year. Provisions declined 58% year-on-year and 19% sequentially to ₹269 crore, while slippages reduced to ₹659 crore in Q4 FY26 from ₹791 crore in Q3 FY26. AU’s gross NPA ratio improved to 2.03% and net NPA ratio to 0.74% versus 2.30% and 0.88% in December 2025. Deposits were reported at ₹1.52 trillion, which equals ₹152,000 crore, and the gross loan portfolio was ₹1.40 trillion or ₹140,000 crore.

Market cues around Ujjivan SFB stock

The text also noted that Ujjivan’s stock rallied nearly 85% over the last one year and touched a new 52-week high on 23 January 2026. While the Q4 results provide fresh fundamental data, short-term price moves also reflect expectations around asset quality, growth, and margins. The same compilation referenced management commentary from an earlier quarter about credit costs normalising and a longer-term goal to change the secured versus unsecured mix. It also referenced an aspiration to improve the CASA ratio toward 35% as part of a “Vision 2030”. Those points were included as contextual statements in the provided material, not as part of the Q4 results table. Investors typically compare quarterly profit momentum with indicators such as margins and funding costs to judge sustainability. In this dataset, the most concrete Q4 takeaways are the revenue, operating profit, and net profit increases.

Why the Q4 result matters

A three-fold year-on-year jump in quarterly profit can change the narrative around operating performance, especially when it is accompanied by double-digit revenue growth. The standalone table shows operating profit growth (43% YoY) was well ahead of revenue growth (18.6% YoY), which can amplify bottom-line gains. Sequential improvement is also notable, with net profit up 51.8% over the December quarter, indicating momentum into the end of FY26. At the same time, the provided margin snapshot citing a 13% profit margin versus 24.6% last year suggests investors may still scrutinise profitability quality and drivers beyond the headline profit number. The rescheduled investor call on May 8 is therefore an important near-term event for clarifications around the quarter. Any commentary on credit costs, loan mix, and deposit traction would be central to how the market interprets the Q4 jump. The results also arrive in a period when peers are highlighting provisions, slippages, and NIM as key swing factors, as seen in the AU Small Finance Bank disclosures in the same compilation. For Ujjivan, the reported Q4 financial lines provide a clear base for tracking whether growth and profitability remain consistent through FY27.

Conclusion

Ujjivan Small Finance Bank closed Q4 FY26 with standalone net profit of ₹281.97 crore, up from ₹83.39 crore a year earlier, alongside revenue of ₹2,185.06 crore and operating profit of ₹514.60 crore. The bank’s investor and analyst call has been rescheduled to May 8, 2026 at 4:00 PM IST to discuss the FY26 results. Investors will watch for management explanations of the key drivers behind the sharp year-on-year jump and the sustainability of sequential profit growth.