NSE: AUBANK · BSE: 540611
AU SMALL FINANCE BANK LTD
Operates as a small finance bank taking deposits and making loans across retail, wholesale, treasury, and digital segments. In the period ending 2024-12-31, Retail banking - Other Retail Banking was the largest segment at 76.2% of segment revenue, followed by Treasury at 13.3%, Wholesale banking at 8.7%, and Other banking operations at 1.8%. In Q1 FY27, the deposit base stood at INR 1.58 lakh crore (up 24% YoY), the loan book at INR 1.44 lakh crore (up 23% YoY), and secured assets grew 25% YoY. Disbursements were up 42% YoY, and CASA ratio was 29% with stable deposits at 79% of total deposits. The gold loan book scaled to INR 4,500 crore (+130% YoY) across 1,300+ branches, while commercial banking reached INR 32,800 crore (+34% YoY). Asset quality improved with GNPA at 2.10%, slippages down 22% YoY to INR 798 crore, and credit cost at 0.8%; PAT was INR 796 crore (+37% YoY) with NIM at 5.9%. The bank added 16 branches in Q1 FY27 and plans 100+ branches for FY27, with technology spend of approximately INR 1,000 crore (12-13% of opex), and has applied for a Universal Bank licence. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Retail banking - Other Retail Banking (76%), Treasury (13%), Wholesale banking (9%), Other banking operations (2%), Retail banking - Digital Banking (0%). Diversified small finance bank expanding across retail, wholesale, treasury, and digital banking, with pan-India branch build-out
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| EBITDA (ex other income) | — | — | — | — | — |
| margin % | — | — | — | — | — |
| Owners' profit | 1,130 | 1,428 | 1,535 | 2,106 | 2,641 |
| EPS, as reported (₹) | 36.06 | 21.86 | 22.98 | 28.32 | 35.40 |
| ROE % · ROCE % | — · — | — · — | — · — | — · — | — · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 6,849 | 5,494 | 2,608 | 5,462 | 1,829 |
| Capex | — | — | — | — | — |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Profit before tax | 759 | 703 | 657 | 779 | 729 | 884 | 1,082 | 1,064 |
| Net profit | 571 | 528 | 504 | 581 | 561 | 668 | 832 | 796 |
| EPS (₹) | 7.68 | 7.10 | 6.77 | 7.80 | 7.52 | 8.94 | 11.13 | 10.63 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| AU SMALL FINANCE BANK LTD ◆ | 65,827 | 23.0 | — | — | — | — | — | — |
| UJJIVAN SMALL FINANC BANK | 10,574 | 11.6 | — | — | — | — | — | — |
| EQUITAS SMALL FIN BNK LTD | 7,472 | 14.6 | — | — | — | — | — | — |
| JANA SMALL FIN BANK LTD | 3,969 | 10.4 | — | — | — | — | — | — |
| ESAF SMALL FINANCE BANK L | 2,117 | 20.4 | — | — | — | — | — | — |
| UTKARSH SMALL FIN BANK L | 2,093 | — | — | — | — | — | — | — |
| SURYODAY SMALL FIN BK LTD | 1,425 | 7.4 | — | — | — | — | — | — |
| CAPITAL SMALL FIN BANK L | 1,146 | 6.3 | — | — | — | — | — | — |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 23.0 | 13.1 | 7 of 8 | 14% |
| Profit growth | 37.0 | 85.8 | 7 of 9 | 25% |
| Market cap | 65827 | 2117 | 1 of 9 | 100% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Q2 FY27 profit rises 53%; loan margin falls 9 basis points sequentially | investor communications | medium | — | — |
| 26 Oct 2026 · AU Small Finance Bank profit rises 58 percent, but half-year profit falls | compliance | minimal | — | — |
| 24 Oct 2026 · Audio recording of September 2026 results conference call available | investor communications | low | — | — |
| 24 Oct 2026 · AU Small Finance Bank Q2 FY27 profit up 53%, total income up 22% | results | high | — | — |
| 24 Oct 2026 · AU Small Finance Bank Q2 FY27: PAT up 53%, loan and deposit growth strong | investor communications | medium | — | — |
| 24 Oct 2026 · AU Small Finance Bank Q2 FY27 profit rises 53% as deposits and loans grow | compliance | minimal | — | — |
| 24 Oct 2026 · Q2 FY27 profit up about 50% as income rises 22% to Rs 6,382 crore | results | high | — | — |
| 14 Oct 2026 · AU SFB allots 4.03 lakh shares under ESOPs | capital market events | low | — | — |
| 12 Oct 2026 · Conference call scheduled on Oct 24 to discuss Q2 and H1 FY26 results | board shareholder meetings | low | — | — |
| 12 Oct 2026 · AU Small Finance Bank Q2 and H1 FY27 results board meeting on October 24 | results | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.