Why Ujjivan Small Finance Bank Share Price is Rising

The share price performance of Ujjivan Small Finance in 2025 was phenomenal.

The stock remained under a strong uptrend throughout the year. It rallied nearly 85% in the last one year and touched a new 52-week high on 23 January 2026.

On 23 January 2026, the stock saw a strong up move, gaining over 3% in trade. Here is what is supporting the recent uptick in the share price.

#1 Quarterly Results

Ujjivan declared its December quarter results and this resulted in a strong up move in the stock.

• Total deposits were up 22% year on year (YoY) and 7.7% quarter on quarter, driven by traction in both retail term deposits and CASA.

• Net interest income increased 12.8% YoY to Rs 10,000 million (m), the highest ever.

• Quarter-on-quarter growth came in at 8.5%.

• Cost of funds eased to 7.1% (vs 7.6% in the same quarter last year), supporting margin stability.

• Profit surged 70.8% YoY to Rs 1,860 m, supported by lower credit costs.

• ROA and ROE improved to 1.5% and 11.5%.

• Gross loan book grew 21.6% YoY and 7.1% quarter on quarter.

• GNPA stood at 2.4% as of December 2025.

Ujjivan SFB posted a solid quarterly number supported by strong deposit traction, record disbursements, improved asset quality, and sharp profitability recovery.

The bank continues shifting towards a more secure and diversified loan mix, which is aiding stability in earnings despite softer NIMs. Operational metrics and collections remain strong, positioning the bank well for sustained growth in the coming years.

What Next?

In the conference call for the December quarter, the management was confident of meeting its ROA guidance of 1.2-1.4% and its long-term 2030 vision of 1.8-2%.

The management expects credit costs to normalise in the coming quarters. Credit cost for the March 2026 quarter is expected to be much lower than the December 2025 quarter.

The bank expects to end the current year with a 50-50 split between secured and unsecured assets. The long-term goal for 2030 is a mix of 70% secured and 30% unsecured, shifting about 5% annually. The bank aims to improve the CASA ratio from the current 27% toward 35% as part of its Vision 2030.

How Ujjivan Small Finance Bank Shares Have Performed Recently

In the past five days, shares of Ujjivan SFB have rallied over 5% in trade.Over the past month, its shares have risen over 20%.

The stock touched its 52-week high of Rs 68 on 23 January 2026, and its 52-week low of Rs 30.8 on 28 January 2025.

About Ujjivan Small Finance Bank

Ujjivan Small Finance Bank, as a mass-market bank, focuses on serving the underserved segments of society through financial and digital inclusion.

It has a network of over 600 branches and 12,000 ATMs across 24 states and union territories. The bank also offers internet banking, phone banking, and mobile banking facilities to customers.

For more details, see the Ujjivan Small Finance Bank company fact sheet and quarterly results. For a sector overview, read our banking sector report.

You can also compare Ujjivan Small Finance Bank with its peers:

Ujjivan Small Finance Bank vs DCB Bank

Ujjivan Small Finance Bank vs Bank of Maharashtra

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To know what's moving the Indian stock markets today, check out the most recent share market updates here.

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