Price
Financials
Consolidated, Rs crore| Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 717 | 700 | 736 | 708 | 850 | 1,008 | 1,040 | 1,144 | 1,231 | 1,375 | 1,496 | 1,576 |
| Interest | 275 | 266 | 262 | 261 | 282 | 313 | 337 | 391 | 453 | 499 | 572 | 617 |
| Expenses | 281 | 564 | 521 | 677 | 409 | 327 | 285 | 365 | 516 | 510 | 530 | 600 |
| Financing Profit | 161 | -129 | -46 | -230 | 159 | 368 | 417 | 388 | 263 | 366 | 394 | 359 |
| Financing Margin % | 22% | -18% | -6% | -32% | 19% | 37% | 40% | 34% | 21% | 27% | 26% | 23% |
| Other Income | 16 | 36 | -4 | 24 | 41 | 50 | 60 | 50 | 97 | 81 | 62 | 59 |
| Depreciation | 62 | 40 | 40 | 38 | 38 | 39 | 40 | 43 | 42 | 39 | 42 | 49 |
| Profit before tax | 114 | -133 | -91 | -243 | 163 | 380 | 437 | 396 | 318 | 408 | 414 | 370 |
| Tax % | 26% | -25% | -25% | -25% | 27% | 22% | 28% | 25% | 27% | 27% | 25% | 24% |
| Net Profit | 84 | -99 | -68 | -182 | 119 | 295 | 315 | 298 | 232 | 298 | 309 | 281 |
| EPS in Rs | 5.76 | -6.79 | -4.66 | -12.43 | 8.13 | 20.22 | 21.12 | 18.11 | 13.74 | 18.07 | 18.56 | 17.07 |
| Gross NPA % | ||||||||||||
| Net NPA % |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,393 | 1,516 | 1,957 | 2,864 | 3,072 | 2,995 | 4,556 | 5,678 |
| Interest | 543 | 602 | 727 | 1,115 | 1,121 | 1,071 | 1,493 | 2,141 |
| Expenses | 521 | 857 | 1,022 | 1,273 | 2,209 | 2,170 | 1,492 | 2,155 |
| Financing Profit | 330 | 58 | 208 | 476 | -258 | -246 | 1,571 | 1,382 |
| Financing Margin % | 24% | 4% | 11% | 17% | -8% | -8% | 34% | 24% |
| Other Income | 5 | 28 | 57 | 105 | 109 | 97 | 122 | 299 |
| Depreciation | 13 | 41 | 61 | 166 | 170 | 155 | 163 | 172 |
| Profit before tax | 322 | 45 | 204 | 416 | -319 | -304 | 1,531 | 1,509 |
| Tax % | 35% | 42% | 26% | 28% | -25% | -24% | 26% | |
| Net Profit | 208 | 26 | 150 | 299 | -239 | -230 | 1,140 | 1,120 |
| EPS in Rs | 17.39 | 2.15 | 12.41 | 23.21 | -16.33 | -15.75 | 73.19 | 67.44 |
| Dividend Payout % | 5% | 23% | 10% | 3% | 0% | 0% | 7% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 25% | 17% | 40% | ||
| Compounded Profit Growth | % | 103% | 47% | 0% | ||
| Stock Price CAGR | 3% | 31% | 2% | % | ||
| Return on Equity | % | 8% | 6% | 32% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 119 | 121 | 121 | 122 | 122 | 122 | 122 | 122 |
| Reserves | 1,636 | 1,611 | 1,757 | 2,718 | 2,391 | 2,201 | 3,102 | 3,515 |
| Borrowing | 6,392 | 7,625 | 11,842 | 15,204 | 16,799 | 21,073 | 30,776 | 34,774 |
| Other Liabilities | 331 | 165 | 306 | 668 | 895 | 1,027 | 1,487 | 1,918 |
| Total Liabilities | 8,479 | 9,522 | 14,026 | 18,711 | 20,207 | 24,423 | 35,486 | 40,329 |
| Fixed Assets | 137 | 194 | 282 | 799 | 718 | 666 | 684 | 760 |
| CWIP | 3 | 4 | 2 | 21 | 5 | 6 | 18 | 31 |
| Investments | 1,447 | 1,244 | 1,548 | 2,429 | 2,552 | 4,215 | 8,604 | 11,037 |
| Other Assets | 6,892 | 8,080 | 12,194 | 15,462 | 16,932 | 19,536 | 26,181 | 28,502 |
| Total Assets | 8,479 | 9,522 | 14,026 | 18,711 | 20,207 | 24,423 | 35,486 | 40,329 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -583 | 2,190 | -3,248 | -2,464 | 1,612 | 2,826 | 2,073 |
| Cash from Investing Activity | -1,559 | 113 | -448 | -1,087 | -215 | -1,785 | -4,554 |
| Cash from Financing Activity | 2,409 | -2,441 | 4,198 | 3,812 | -803 | -819 | 2,640 |
| Net Cash Flow | 267 | -137 | 503 | 261 | 594 | 222 | 159 |
| Free Cash Flow | -708 | 2,090 | -3,395 | -2,670 | 1,427 | 2,720 | 1,881 |
| CFO/OP | -52% | 339% | -343% | -148% | 212% | 345% | 76% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| ROE % | 12% | 2% | 8% | 12% | -8% | -8% | 32% |
| Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FIIs | 22.94% | 26.17% | 26.65% | 28.22% | 30.71% | 30.65% | 31.91% | 31.15% | 40.48% | 36.47% | 34.98% | 35.34% |
| DIIs | 18.19% | 13.74% | 12.69% | 12.43% | 10.67% | 1.27% | 1.09% | 2.13% | 3.86% | 6.03% | 7.44% | 7.36% |
| Public | 58.87% | 60.09% | 60.66% | 59.35% | 58.62% | 68.10% | 66.98% | 66.71% | 55.64% | 57.50% | 57.58% | 57.30% |
| No. of Shareholders | 1,10,818 | 1,19,685 | 1,20,543 | 1,14,995 | 1,05,916 | 94,690 | 84,835 | 83,666 | 80,743 | 81,701 | 96,170 | 96,524 |
Fundamentals
Market Cap₹ 7,179 Cr.
Current Price₹ 590
Stock P/E8.75
Book Value₹ 299
ROCE10.3 %
ROE32.1 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)40%
Compounded Profit Growth (TTM)0%
Consolidated figures.
Valuation
Market capRs 7,169 Cr
Enterprise valueRs 21,028 Cr
P/E (TTM)8.73x
Price to book2.52x
Price to sales1.26x
EV / EBITDA5.50x
EV / EBIT5.76x
EV / sales3.70x
Earnings yield11.45%
Dividend yield0.14%
P/E, 3-year average65.10x
P/B, 3-year average1.76x
Profitability
Operating margin (excl. other income)55.57%
Operating margin (incl. other income)59.25%
EBITDA margin67.31%
Pre-tax margin26.58%
Net profit margin14.46%
Net margin, latest quarter13.20%
ROE11.97%
ROCE9.64%
ROA1.72%
ROE, 3-year average7.26%
ROCE, 3-year average8.36%
ROA, 3-year average1.10%
ROIC (approx.)15.70%
Tax rate28.19%
Other income / net worth3.71%
Growth
Sales growth (latest year)46.36%
Profit growth (latest year)87.64%
Sales CAGR, 3 years27.16%
Profit CAGR, 3 years10.77%
Sales growth QoQ5.31%
Profit growth QoQ-7.93%
Sales growth YoY (latest quarter)37.70%
Profit growth YoY (latest quarter)-5.67%
Per share
EPS (TTM)Rs 67.50
EPS (latest year)Rs 23.21
EPS (latest quarter)Rs 17.10
EPS, 3-year averageRs 12.59
Book value per shareRs 233.52
Sales per shareRs 466.94
Cash flow per shareRs -202.64
Free cash flow per shareRs 154.68
Dividend per share (latest year)Rs 0.80
Dividend per share, 3-year averageRs 0.87
Dividends
Dividend payout3.45%
Dividend payout, 3-year average12.40%
Efficiency
Asset turnover0.15x
Fixed asset turnover3.58x
Leverage
Total debtRs 15,204 Cr
Cash and bankRs 1,344 Cr
Net debtRs 13,859 Cr
Debt to equity5.35x
Net debt / EBITDA3.63x
Interest coverage1.71x
Owners' fund to total sources15.18%
Debt to assets81.25%
Cash flow
Cash from Operating Activity (latest year)Rs -2,464 Cr
Cash from Investing Activity (latest year)Rs -1,087 Cr
Cash from Financing Activity (latest year)Rs 3,812 Cr
Net Cash Flow (latest year)Rs 261 Cr
Free cash flow (latest year)Rs 1,881 Cr
FCFE (approx.: FCF + change in debt)Rs 5,243 Cr
Cash from ops / profit, 5 years0.71x
Statement figures
Net sales (TTM)Rs 5,678 Cr
Net sales (latest year)Rs 2,864 Cr
Sales (latest quarter)Rs 1,576 Cr
Operating profit excl. other income (latest year)Rs 1,591 Cr
Operating profit (latest quarter)Rs 976 Cr
Other income (TTM)Rs 299 Cr
EBITDA (TTM)Rs 3,822 Cr
PBDT (TTM)Rs 1,681 Cr
Profit before tax (TTM)Rs 1,509 Cr
Tax (latest year)Rs 117 Cr
Net profit (TTM)Rs 821 Cr
Net profit (latest year)Rs 282 Cr
Net profit (latest quarter)Rs 208 Cr
Depreciation (TTM)Rs 172 Cr
Depreciation (latest quarter)Rs 49 Cr
Interest (TTM)Rs 2,141 Cr
Cost of goods sold (latest year)Rs 60 Cr
Total expenditure (latest year)Rs 1,273 Cr
Total income (latest year)Rs 2,969 Cr
Share capitalRs 122 Cr
ReservesRs 2,718 Cr
Shareholders' fundsRs 2,840 Cr
Total assetsRs 18,711 Cr
Net blockRs 799 Cr
Capital work in progressRs 21 Cr
InvestmentsRs 2,429 Cr
Other liabilitiesRs 668 Cr
Shares outstanding (crore)12.16
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 8.7 is at the 38th percentile of its own 4.0-year range
(median 12.4, low 3.8, high 111.8).
P/B 2.52 is at the 98th percentile (median 1.65).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | UJJIVAN | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +5.0% | -2.8% | +7.8 pts |
| 1 month | +23.7% | -6.8% | +30.5 pts |
| 3 months | +7.0% | -7.6% | +14.6 pts |
| 6 months | +10.7% | +0.4% | +10.3 pts |
| 1 year | +111.3% | -9.9% | +121.2 pts |
| 2 years | +292.6% | -13.6% | +306.2 pts |
| 3 years | +192.7% | +14.2% | +178.5 pts |
| 5 years | +81.7% | +27.9% | +53.8 pts |
Red flags
F-score 6 of 8| explain | Weak cash conversion Cash from operations was -768% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 15% of total assets in 2023 |
| explain | Low interest cover Interest cover 1.4x in 2023 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Dec 2023Revenue ₹1,576 Cr +37.8% vs Dec 2022.
Net profit ₹281 Cr -5.7%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Bajaj Finance Ltd | 606,283 | 29.6 | 10.9 % |
| Shriram Finance Ltd | 228,598 | 20.2 | 11.5 % |
| Tata Capital Ltd | 140,654 | 25.9 | 8.58 % |
| Cholamandalam Investment & Finance Company Ltd | 139,031 | 24.2 | 9.71 % |
| Muthoot Finance Ltd | 109,874 | 9.66 | 15.8 % |
| L&T Finance Ltd | 67,935 | 21.2 | 8.40 % |
| SBI Cards & Payment Services Ltd | 55,290 | 24.3 | 10.1 % |
| HDB Financial Services Ltd | 52,415 | 19.0 | 9.09 % |
| Sundaram Finance Ltd | 48,161 | 21.2 | 9.44 % |
| Authum Investment & Infrastructure Ltd | 46,011 | 22.0 | 13.6 % |
| Mahindra & Mahindra Financial Services Ltd | 45,035 | 13.5 | 8.72 % |
| Poonawalla Fincorp Ltd | 39,011 | 49.6 | 7.51 % |
| Manappuram Finance Ltd | 29,725 | 20.5 | 8.25 % |
| IIFL Finance Ltd | 25,929 | 12.3 | 10.9 % |
| Capri Global Capital Ltd | 23,756 | 21.1 | 11.7 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2023-09-01 | Interim Dividend - Rs 3.5 Per Share | |
| 2023-03-20 | Interim Dividend - Rs 5 Per Share | |
| 2020-09-03 | Dividend - Rs 0.80 Per Share | |
| 2019-07-25 | Annual General Meeting/Dividend - Rs 0.45 Per Share | |
| 2019-03-20 | Interim Dividend - Rs 0.85 Per Share | |
| 2018-06-19 | Annual General Meeting/Dividend- Re 0.50 Per Share | |
| 2017-07-27 | Annual General Meeting/Dividend - Re 0.80 Per Share | |
| 2016-08-02 | Dividend - Re 0.50/- Per Share |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Ujjivan Financial Services Ltd (Merged)?
Ujjivan Financial Services Ltd (Merged) (UJJIVAN) has a market capitalisation of Rs 7,179 Cr. at the 2024-05-02 close.
What is the P/E ratio of Ujjivan Financial Services Ltd (Merged)?
Ujjivan Financial Services Ltd (Merged) trades at a P/E of 8.75 on trailing twelve-month profit, at the 2024-05-02 close.
What were Ujjivan Financial Services Ltd (Merged)'s latest quarterly results?
In the Dec 2023 quarter, Ujjivan Financial Services Ltd (Merged) revenue was Rs 1,576 Cr (+37.8% vs Dec 2022) and net profit was Rs 281 Cr.