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Utkarsh Small Finance Bank Limited (UTKARSHBNK) Fair Value & Analysis

Financial Services · IN · Market cap ₹26.8B

US Utkarsh Small Finance Bank Limited UTKARSHBNK · NSE
Price₹15.07
Fair Value₹5.85
Upside-61.2%
Quality23/100
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Evidence: Low Range ₹2.83 – ₹9.24

Fair value as of: Jul 3, 2026

From 3 valuation models · updated today

Share price +17.8% over the past month.

Price vs Fair Value (12 months)

₹23.97 ₹10.22 Fair Value ₹5.85 Jul 2025 Jul 2026

12‑month range ₹10.22 – ₹23.97 · fair‑value band ₹2.83 – ₹9.24 · the ₹15.07 price screens above the ₹5.85 fair value. As of Jul 3, 2026.

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Analysis

Utkarsh Small Finance Bank Limited (UTKARSHBNK) currently trades at ₹15.07, while our model-based Fair Value estimate is ₹5.85 — implying the stock looks roughly 61.2% overvalued today. We read business quality at 23/100 (below-average quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at ₹3.4B. Revenue declined 48.5% year over year. It earns a return on equity of -40.0%. Net debt stands at ₹11.4B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹3.4B
Revenue growth (YoY) -48.5%
Return on equity -40.0%
Free cash flow −₹1.6B FY2026
Operating margin -94.0%
EPS (TTM) ₹-8.37
More key figures
Net debt ₹11.4B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Utkarsh Small Finance Bank Limited provides banking and financial services for individuals and businesses in India. It operates through Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations segments. The company offers savings, salary, current, term and recurrent deposit, institutional, and escrow banking accounts; term deposit products; certificates of deposits; locker facilities; digital products; investment products; joint liability group, business, MSME, commercial vehicle and construction equipment, gold, personal, home and other loans; overdraft against fixed deposit, wholesale lending, LAP retail, and Micro LAP; inward and outward remittance; and bill payment services. It also provides ATM, branch, internet, and mobile banking services; micro and wholesale banking services; mutual funds; and life, health, and general insurance. The company was founded in 2009 and is headquartered in Varanasi, India. Utkarsh Small Finance Bank Limited is a …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Utkarsh Small Finance Bank Limited reported revenue of ₹38.1B in FY2026 versus ₹20.3B in FY2022, a compound +17.0%/yr. Reported net income was −₹11.5B in FY2026.

Revenue +17.0%/yr
FY22 ₹20.3B
FY23 ₹28.0B
FY24 ₹35.8B
FY25 ₹43.6B
FY26 ₹38.1B
Net income
FY22 ₹615M
FY23 ₹4.0B
FY24 ₹5.0B
FY25 ₹237M
FY26 −₹11.5B

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Frequently asked questions

Is Utkarsh Small Finance Bank Limited (UTKARSHBNK) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹5.85 versus a price of ₹15.07 — about −61% (overvalued). Model-based estimate, not financial advice.
What is the fair value of UTKARSHBNK?
Our model-based fair value for Utkarsh Small Finance Bank Limited is ₹5.85 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹15.07.
What is the quality score of UTKARSHBNK?
Utkarsh Small Finance Bank Limited has a Quality Score of 23/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Utkarsh Small Finance Bank Limited (UTKARSHBNK)?
Utkarsh Small Finance Bank Limited reported trailing-twelve-month revenue of about ₹3.4B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of UTKARSHBNK?
The net profit margin of Utkarsh Small Finance Bank Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.