Hello friend, welcome back to a brand new post on buildmoney, here we’ll deep dive to explain Ujjivan Small Finance Bank share price target 2024,2025,2026,2030 its business fundamentals, financial metrics, and strategy behind profitable growth.
This article will provide you with full insightful information regarding the company’s key metrics including market trends, future prospects, products it offers to customers, and how to differentiate itself from other competitors.
Let’s begin to explain Ujjivan Small Finance Bank share price target 2024,2025,2026,2030.
Ujjivan Small Finance Bank Share Overview
Ujjivan Small Finance Bank is a small-cap company with a market capitalization of Rs 11,295 crore. It offers banking services including deposit, housing finance, education loans, group loans, agriculture, and individual loan services.
In addition, it got a banking licence from Reserve Bank of India (RBI) in 2016 to start operation as a small finance bank.
The Bank has a broad network of 575 bank branches and 517 ATM networks across the country.
The Bank provided its services in 25 states and union territories.
Ujjivan Small Finance Bank Fundamental Analysis
| ROE | 33.0 | Market Capital | 11,295 crore |
| ROCE | 10.6 | Face Value | 10 |
| Book Value | 20.5 | PE Ratio | 9.0 |
| EPS | 6.42 | Industry PE | 13 |
| Debt to Equity | 7.08 | Dividend Yield | 2.17 |
Ujjivan Small Finance Bank Financials
Revenue from operation: Ujjivan Small Finance Bank announced strong revenue from operation Q2 FY24 to Rs 1,580 crore increase from Rs 1,140 crore in Q2 FY23.
Net profit for the period: Small Finance Bank, net profit for the same period to Rs 328 crore increased by 11 per cent against Rs 294 crore in Q2 FY23.
The Bengaluru-based Bank, interest income rose from Rs 993 crore in Q2 FY23 to Rs 1,391 crore in Q2 FY24, and gross non-performing assets (NPA) decreased to 2.35 per cent in Q2 FY24 from 5.06 per cent in the same quarter year ago.
It is a good sign that the Bank’s performance drastically decreases gross NPAs.
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Ujjivan Small Finance Bank Share Price Target 2024
Ujjivan Small Finance Bank primarily focused on branch expansion to achieve its long-term revenue goal. It also tries to provide the best quality services to its customers.
The bank offers ATMs, Mobile banking applications, Phone banking, and Net banking facilities to customers.
The bank increased its digital services presence to encourage customers to go digital for their Banking services.
Furthermore, growing Bank branch network and digital services excess to the customers allow growth of its revenue in the upcoming days and meet the initial share price target of Ujjivan Small Finance Bank 2024 to Rs 72 and following that next target to Rs 89.