UTKARSHBNK share price, P/E, ROE & financials

As of 6 Nov 2026, Utkarsh Small Finance Bank is loss-making on a trailing 12-month basis, with a net loss of ₹945 Cr, so it has no P/E ratio. The share price is ₹11.73, 33% below its 52-week high. ROCE and debt-to-equity are not meaningful for banks and lenders; it trades at 0.75× book value. It is a small-cap company with a market cap of ₹2,087 Cr, ranked 37th of 41 Banks (Regional) companies by market cap; the shares fell 41% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹11.79
Day high: ₹11.79
Day low: ₹11.58
Prev. close: ₹11.73
Volume: 37.5 L

Health check

4 to check

ReturnsBehind
−41.1% over a year, better than 0 of 7 peers.
Price tagLoss-making
Earnings were negative over the last 12 months.
Growthn/a
Not enough yearly results to measure.
ProfitabilityNegative
ROE -40.0% vs peer median 14.7%.
Balance sheetn/a
Asset quality (bad loans) isn’t in our data.
Red flags3 to check
Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Banks - Regional

40 listed peers. Screen the industry

Small cap

₹2,087 Cr, #37 of 41 in its industry by size.

Moves with the market

Beta 1.03 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Sep 2026: sales ₹647 Cr · profit ₹−945 Cr

Market cap: ₹2,087 Cr; Small cap
P/E: n/a; Industry 9.2
Price to book: 0.75; Peers 1.78
Dividend yield: 0.00%
ROE: −40.0%; Peers 14.7%
ROCE: n/m; Not meaningful for lenders
Debt to equity: n/m; Not meaningful for lenders
EPS (TTM): −₹4.10; Face value ₹10
OPM (TTM): −10.5%; Net margin −146.1%
Sales growth: n/m; Not meaningful for lenders
Profit growth: n/a; Year-ago quarter not reported
Price to sales: 3.23

Risks to check

Loss-making over the last twelve months.
Return on equity is low at −40.0%.
33% below its 52-week high.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Utkarsh Small Finance Bank

Utkarsh Small Finance Bank Limited provides banking and financial services in India. It operates through Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations segments. The company offers savings, salary, current, term and recurring deposit, escrow, and RERA banking accounts; term, fixed, and recurring deposits; locker facilities; digital products; investment products; joint liability group, business, MSME, commercial vehicle…

Headquarters: Varanasi
Employees: 18,400
Sector: Financial Services
ISIN: INE735W01017
Website: utkarsh.bank.in

Price range

52 weeks

₹10.12₹17.49

Today

₹11.58₹11.79

Avg volume (3M): 91.8 L
1-year return: minus 41.1%
From 52-week high: minus 32.9%

Peers · Banks - Regional

Bank and NBFC columns

Compare with peers Screen the whole industry

Company
HDFCBANKHDFC Bank	788.25	plus 3.72%	12,16,451	17.2	2.00	11.0%	1.7%	12.5%	1.65%	minus 22.9%
ICICIBANKICICI Bank	1,571.20	plus 4.75%	11,28,255	19.3	2.89	16.5%	2.1%	16.8%	0.76%	plus 12.2%
SBINState Bank of India	1,018.50	plus 1.20%	9,40,138	10.4	1.40	14.7%	1.2%	14.4%	1.70%	plus 5.1%
KOTAKBANKKotak Mahindra Bank	480.00	plus 2.78%	4,77,498	22.2	2.45	11.8%	2.1%	8.9%	0.14%	plus 11.4%
AXISBANKAxis Bank	1,322.90	plus 3.35%	4,11,985	13.8	1.78	13.9%	1.6%	34.6%	0.08%	plus 4.4%
PNBPunjab National Bank	126.55	plus 0.36%	1,45,443	6.4	0.90	15.1%	1.1%	76.4%	2.37%	plus 2.3%
UNIONBANKUnion Bank of India	187.00	minus 0.53%	1,42,748	6.5	1.00	16.3%	1.4%	31.7%	2.67%	plus 24.1%
UTKARSHBNKUtkarsh Small Finance Bank	11.73	0.00%	2,087	–	0.75	−40.0%	–	–	0.00%	minus 41.1%
Median of 7 peers	–	2.78%	4,77,498	13.8	1.78	14.7%	1.6%	16.8%	1.65%	5.1%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
448	429	491	541	528
489	473	461	461	474
−465	−491	−232	−45.4	−80.6
25.1%	23.6%	19.0%	25.3%	13.4%
−348	−375	−188	−33.9	−69.9
-3.16	-2.46	-1.06	-0.19	-0.39

Profit & loss

Yearly, ₹ crore

ROE: −40.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1,828	2,286	2,622	1,908
–	+25.0%	+14.7%	minus 27.2%
976	1,293	1,742	1,902
58.7	65.3	76.6	77.3
0	−0.1	0.2	−0.2
536	659	27.7	−1,507
24.5%	24.5%	14.3%	23.6%
405	498	23.7	−1,151
–	+23.0%	minus 95.2%	minus 4956.3%
3.13	4.75	0.19	-8.37

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
896	1,099	1,102	1,780
1,104	1,874	1,873	996
2,199	1,845	2,355	2,529
14,917	19,084	22,798	23,564
19,117	23,903	28,127	28,869
303	312	387	458
1.8	10.3	63	125
2,859	3,679	4,808	6,386
2,516	3,027	3,437	2,321
13,436	16,874	19,433	19,578
19,117	23,903	28,127	28,869

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1,573	991	876	781
−693	−620	−777	−3,309
−235	140	310	1,412
645	511	409	−1,115
−75.8	−70.4	−159	−149
1,497	921	717	631
–	–	−55	–

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 13.6% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you