Investment Overview

Utkarsh Micro Finance(Core Invest) is an unlisted company operating in the Financials sector (Core Investment / Microfinance). Utkarsh CoreInvest Limited (formerly Utkarsh Micro Finance) is the promoter holding company of Utkarsh Small Finance Bank. It originated as a microfinance institution focused on financial inclusion in underserved regions and transitioned to a core investment company structure as the bank commenced o…

Strengths

• : Robust focus on economic inclusion in underserved regions.
• : Loan book grew by 35%, showing substantial economic growth.
• : Expanded functioning to 173 districts across 17 states.

Key Risks

• : High Non-Performing Assets (NPAs), reaching 6.1% in FY 2022.
• : Increased provisioning has negatively impacted profitability.
• : Over 80% loan book exposure to microfinance risks.

Valuation View

The current unlisted market price is ₹123.75 per share with a market capitalisation of approximately ₹1242 crore. The company is currently unlisted and investors should factor in illiquidity risk and longer holding horizons. Investors are advised to review the full financial data and consult an advisor before investing.