UTKARSH SMALL FINANCE BANK ORD (BSE) (UTKARSHBNK) - Net Assets

Latest as of June 2026: Rs27.45 Billion INR ≈ $296.86 Million USD

Based on the latest financial reports, UTKARSH SMALL FINANCE BANK ORD (BSE) (UTKARSHBNK) has net assets worth Rs27.45 Billion INR (≈ $296.86 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs284.18 Billion ≈ $3.07 Billion USD) and total liabilities (Rs256.73 Billion ≈ $2.78 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check UTKARSHBNK PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs27.45 Billion
% of Total Assets	9.66%
Annual Growth Rate	27.82%
5-Year Change	76.53%
10-Year Change	N/A
Growth Volatility	26.23

UTKARSH SMALL FINANCE BANK ORD (BSE) - Net Assets Trend (2017–2026)

This chart illustrates how UTKARSH SMALL FINANCE BANK ORD (BSE)'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see UTKARSHBNK market cap overview.

Annual Net Assets for UTKARSH SMALL FINANCE BANK ORD (BSE) (2017–2026)

The table below shows the annual net assets of UTKARSH SMALL FINANCE BANK ORD (BSE) from 2017 to 2026. Also explore UTKARSH SMALL FINANCE BANK ORD (BSE) (UTKARSHBNK) net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs27.76 Billion ≈ $300.17 Million	-6.69%
2025-03-31	Rs29.75 Billion ≈ $321.68 Million	+0.04%
2024-03-31	Rs29.73 Billion ≈ $321.54 Million	+48.64%
2023-03-31	Rs20.00 Billion ≈ $216.33 Million	+27.22%
2022-03-31	Rs15.72 Billion ≈ $170.04 Million	+14.90%
2021-03-31	Rs13.68 Billion ≈ $147.98 Million	+34.22%
2020-03-31	Rs10.19 Billion ≈ $110.25 Million	+31.93%
2019-03-31	Rs7.73 Billion ≈ $83.57 Million	+87.62%
2018-03-31	Rs4.12 Billion ≈ $44.54 Million	+35.09%
2017-03-31	Rs3.05 Billion ≈ $32.97 Million	--

Equity Component Analysis

This analysis shows how different components contribute to UTKARSH SMALL FINANCE BANK ORD (BSE)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 5713.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs17.80 Billion	64.11%
Other Comprehensive Income	Rs4.47 Billion	16.09%
Other Components	Rs8.21 Billion	29.57%
Total Equity	Rs27.76 Billion	100.00%

UTKARSH SMALL FINANCE BANK ORD (BSE) Competitors by Market Cap

The table below lists competitors of UTKARSH SMALL FINANCE BANK ORD (BSE) ranked by their market capitalization.

Company	Market Cap
Koramco Energy Plus Reit Co Ltd KO:357120	$270.45 Million
Doubleview Gold Corp V:DBG	$270.45 Million
Orell Fuessli Holding AG SW:OFN	$270.48 Million
Syntec Optics Holdings Inc. NASDAQ:OPTX	$270.68 Million
Anhui Chaoyue Environmental Protection Technology Co. Ltd. SHE:301049	$270.33 Million
FLAIR NSE:FLAIR	$270.28 Million
Sonix Technology Co Ltd TW:5471	$270.27 Million
ZheJiang BangJie Digital Knitting Share Co Ltd SHE:002634	$270.22 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in UTKARSH SMALL FINANCE BANK ORD (BSE)'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 29,745,042,000 to 27,756,019,000, a change of -1,989,023,000 (-6.7%).
Net loss of 11,509,784,000 reduced equity.
New share issuances of 9,490,793,000 increased equity.
Other comprehensive income increased equity by 139,079,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs-11.51 Billion	-41.47%
Share Issuances	Rs9.49 Billion	+34.19%
Other Comprehensive Income	Rs139.08 Million	+0.5%
Other Changes	Rs-109.11 Million	-0.39%
Total Change	Rs-	-6.69%

Book Value vs Market Value Analysis

This analysis compares UTKARSH SMALL FINANCE BANK ORD (BSE)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.70x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 1.41x to 0.70x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-03-31	Rs9.96	Rs14.05	x
2018-03-31	Rs11.32	Rs14.05	x
2019-03-31	Rs11.30	Rs14.05	x
2020-03-31	Rs13.61	Rs14.05	x
2021-03-31	Rs16.13	Rs14.05	x
2022-03-31	Rs14.35	Rs14.05	x
2023-03-31	Rs18.25	Rs14.05	x
2024-03-31	Rs28.36	Rs14.05	x
2025-03-31	Rs27.61	Rs14.05	x
2026-03-31	Rs20.18	Rs14.05	x

Capital Efficiency Dashboard

This dashboard shows how efficiently UTKARSH SMALL FINANCE BANK ORD (BSE) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -41.47%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -30.21%
• Asset Turnover: 0.13x
• Equity Multiplier: 10.40x
Recent ROE (-41.47%) is below the historical average (3.31%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2017	9.51%	12.17%	0.09x	8.77x	Rs-14.80 Million
2018	-15.30%	-36.52%	0.04x	10.98x	Rs-1.04 Billion
2019	12.15%	22.35%	0.07x	8.07x	Rs166.12 Million
2020	18.32%	25.69%	0.08x	9.22x	Rs847.93 Million
2021	8.17%	6.55%	0.14x	8.87x	Rs-250.20 Million
2022	3.91%	3.02%	0.14x	9.58x	Rs-957.68 Million
2023	20.22%	14.42%	0.15x	9.56x	Rs2.04 Billion
2024	16.74%	13.90%	0.15x	8.04x	Rs2.00 Billion
2025	0.80%	0.54%	0.16x	9.46x	Rs-2.74 Billion
2026	-41.47%	-30.21%	0.13x	10.40x	Rs-14.29 Billion

Industry Comparison

This section compares UTKARSH SMALL FINANCE BANK ORD (BSE)'s net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $225,539,885,627
Average return on equity (ROE) among peers: 14.32%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
UTKARSH SMALL FINANCE BANK ORD (BSE) (UTKARSHBNK)	Rs27.45 Billion	9.51%	9.35x	$270.39 Million
AU Small Finance Bank Limited (AUBANK)	$20.00 Billion	41.11%	3.91x	$8.42 Billion
Bandhan Bank Limited (BANDHANBNK)	$151.95 Billion	19.90%	5.04x	$2.99 Billion
Bank of Baroda (BANKBARODA)	$1.06 Trillion	14.05%	13.39x	$12.99 Billion
Bank of India (BANKINDIA)	$60.30 Billion	18.41%	22.51x	$6.80 Billion
Canara Bank (CANBK)	$789.58 Billion	14.25%	16.49x	$12.15 Billion
Capital Small Finance Bank Limited (CAPITALSFB)	$4.51 Billion	9.05%	13.13x	$137.08 Million
Central Bank of India (CENTRALBK)	$79.33 Billion	14.65%	22.06x	$2.98 Billion
CSB Bank Limited (CSBBANK)	$5.46 Billion	-10.62%	27.88x	$601.81 Million
City Union Bank Limited (CUB)	$65.86 Billion	11.54%	8.34x	$1.86 Billion
DCB Bank Limited (DCBBANK)	$17.92 Billion	10.85%	9.67x	$761.34 Million

About UTKARSH SMALL FINANCE BANK ORD (BSE)

NSE:UTKARSHBNK India Banks - Regional

Market Cap

$270.39 Million

Rs25.00 Billion INR

Market Cap Rank

#15410 Global

#770 in India

Share Price

Rs14.05

Change (1 day)

+1.66%

52-Week Range

Rs10.22 - Rs23.20

All Time High

Rs63.86