Research ReportsUjjivan Small Finance Bank Q3 Results Review — Turn Of The Cycle In Sight, Says Yes Securities, Retains 'Add'
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Ujjivan Small Finance Bank Q3 Results Review — Turn Of The Cycle In Sight, Says Yes Securities, Retains 'Add'
Stock is available at attractive valuation of five times PE and 0.8x P/BV on FY27 estimates for a significant Growth/RoE turnaround, adds the brokerage.
Ujjivan Small Finance Bank Ltd.’s pre-provision operating profit/PAT in Q3 FY25 were 10%/28% below estimate owing to a material contraction in NIM, lower other income and higher credit cost.
(Photo: Usha Kunji/NDTV Profit)
Ujjivan SFB is much better poised to start its outward journey from the current cycle. Normalization of growth and credit cost is expected to start from Q1 FY26 and the full year outcomes would likely be much better than FY25.