Utkarsh SFB Q2 FY27: Disbursements up 55% YoY, JLG portfolio drops 32%
UTKARSHBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.1 pts more than Nifty Microcap 250 and 3.1 pts more than its Other Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Utkarsh SFB Q2 FY27: Total disbursements rose 54.9% YoY to Rs 3,525 Cr, driven by Non-JLG loans up 94.2%. However, JLG (micro-banking) portfolio shrank 32.4% YoY to Rs 5,146 Cr, with JLG disbursements down 1.3% YoY and 22.4% QoQ. Gross loan portfolio up 7.5% YoY at Rs 20,063 Cr. Total deposits rose 6.6% YoY to Rs 23,869 Cr, CASA ratio improved to 21.5% from 20%. Collection efficiency 99.53%, SMA pool down to 1.48%. LCR healthy at 176%. Figures provisional.
Strong non-JLG growth and better CASA mix are positives. Sharp JLG portfolio decline reflects strategic exit, aiding margins and reducing regulatory risk.