Utkarsh Micro Finance Ltd - Utkarsh CoreInvest Ltd

Utkarsh Micro Finance Ltd - Utkarsh CoreInvest Ltd

Finance - NBFC Unlisted Active
INE396P01012 Est. 1990 Website
Current Price 24 Aug 2026
₹125.00

Min lot: 100 shares

Market Cap ₹1,243 Cr
P/E Ratio -2.9x
EPS ₹-42.66
Face Value ₹10.00
Book Value ₹173.83
P/B Ratio 0.72x
Min Lot 100 sh.
Total Debt ₹0 Cr

Price Trend

Period Change
Period High
Period Low

Prices shown are indicative unlisted-market bid prices, updated periodically.

About Utkarsh Micro Finance Ltd - Utkarsh CoreInvest Ltd

Utkarsh started in Varanasi in September 2009, lending small amounts to people no bank would look at twice.

It began as an NBFC using the Joint Liability Group model, where borrowers guarantee each other because none of them has collateral to offer. The customers were low income households and micro entrepreneurs across rural and semi urban parts of the Hindi belt, Uttar Pradesh, Bihar, Madhya Pradesh and Uttarakhand among them.

The book widened over time into micro enterprise loans, housing loans, pension products and other retail lending, funded by equity and debt raised from institutional investors.

Then came the licence. In 2016 the RBI cleared it to set up a Small Finance Bank, and Utkarsh Small Finance Bank Limited took over the lending business as it moved into proper banking. The holding entity was renamed Utkarsh CoreInvest Limited, which is what sits above all of it now.

Financial Highlights

All figures are in Crores (₹)

FY21FY22FY23FY24FY25 YOY %CAGR %
Net Sales1,9782,7453,1403,889+23.9%
Other Income86.3117.2193.4243.2266.2+9.5%+32.5%
Total Income1,6962,0952,9383,3844,156+22.8%+25.1%
Operating Profit771.6963.01,8301,8461,294-29.9%+13.8%
Interest762.5799.31,0251,2981,714+32.1%+22.5%
Depreciation59.082.674.2108.9135.5+24.4%+23.1%
Total Expenditure924.42,0142,2072,9454,711+60.0%+50.3%
Exceptional Income0.000.000.000.00
PBT36.381.1731.4438.4-555.5-226.7%-97.8%
TAX18.9177.6108.6-133.2-222.7%
PAT25.562.2553.8329.8-422.3-228.0%-101.7%
EPS (₹)₹2.63₹6.26₹55.71₹33.56₹-42.66-227.1%-100.7%
FY21FY22FY23FY24FY25 YOY %CAGR %
Shareholder Funds1,3161,7572,0231,728-14.6%
Total Debt0.000.000.000.00
Current Liabilities3,6504,2114,8505,540+14.2%
Non Current Liabilities950.21,0801,2451,421+14.1%
Total Liabilities12,04914,93219,71625,34427,844+9.9%+23.3%
Current Assets2,3412,7103,1213,580+14.7%
Non Current Assets3,6504,2114,8505,560+14.6%
Total Assets12,04914,93219,71625,34427,844+9.9%+23.3%
FY21FY22FY23FY24FY25 YOY %CAGR %
Cash Flow From Operating Activities-135.4-158.2-185.4-215.4-16.2%
Cash Flow From Investing Activities-48.5-56.4-65.2-74.5-14.3%
Cash Flow From Financing Activities185.4215.2255.4295.4+15.7%
Free Cash Flow-154.2-180.4-210.5-245.2-16.5%
FY21FY22FY23FY24FY25YOY %
ROE(%)4.7031.5016.30-24.40-249.7%
ROCE(%)6.406.409.307.304.60-37.0%
ROA(%)0.200.402.801.30-1.50-215.4%
Current Ratio(x)0.600.600.600.60+0.0%
Debt / Equity(x)0.000.000.000.00

No documents available yet.

Net Sales (in Cr.)

Total Income (in Cr.)

Net Profit (in Cr.)

Operating Profit (in Cr.)

Shareholder Funds (in Cr.)

Total Assets (in Cr.)

Operating Cash Flow (in Cr.)

Investing Cash Flow (in Cr.)

Financing Cash Flow (in Cr.)

Free Cash Flow (in Cr.)

Company Information

ISIN INE396P01012
Industry Finance - NBFC
Category Pre IPO
Incorporated 1990
Min Lot Size 100 shares
Demat Required Yes
ROFR Applicable No

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