Ujjivan Financial Services Share Price

From the consolidated financials for the financial year 2017-2018, we can see the following:

1. The total income of the company rose from Rs.1,397.6 crore in FY17 to Rs.1,581.7 crore in FY18.
2. Operating expenses rose from Rs.471.7 crore in the previous year to Rs.656.8 crore In FY18.
3. Total assets of the company grew from Rs.8,478.6 crore in FY17 to Rs.9,813.9 crore in FY18.
4. The total debt of the company decreased from Rs.6,291.4 crore in FY17 to Rs.3,852.8 crore in FY18.
5. The net worth of the company marginally increased from Rs.1,755.3 crore in FY17 to Rs.1,761.3 crore in FY18.
6. The gross loan book of the company showed a growth of 18.5% from FY17 to FY18.
7. Disbursement by the company increased by 12.9% over the financial year.

Ujjivan Financial Services Limited Stock Trends in 2018

1. The shares of the company began trading at about Rs.385 in January 2018. The stock spiked in price over the course of the first week but declined after that. The final price for the month was about Rs.378.
2. The shares of the company traded at about Rs.385 in the beginning of February 2018. The stock fluctuated a lot over the course of the month and the final price for the month was about Rs.Rs.376.
3. In March 2018, the stock began trading at about Rs.368. The final price for the month was about Rs.345.
4. April 2018 marked a period of growth for the share price of the company. The stock breached the Rs.400 mark and the final price for the month was about Rs.409.
5. The price of the stock declined again in May 2018 but the decline was not excessive. The final price for the month was about Rs.391.
6. In June the price fluctuated a lot. A final 5% dividend was announced on 19 June 2018. The final price for the month was about Rs.377.
7. The price of the stock held steady for most of July 2018 with the final price for the month being about Rs.379.
8. After a brief increase in the first week of August 2018, the stock declined in price. Over the course of the month, the stock saw a huge decline in prices and the final price for the month was about Rs.349.
9. The stock declined even further in September with the price dropping below Rs.300.

Ujjivan Financial Services Limited Stock Trends in 2016 and 2017

1. The stock began trading only on 10 May 2016. The average price for the day was about Rs.231. The stock climbed in price over the course of the month to close at about Rs.317 at the end of the month. The stock further increased in price over the course of June with the final price being about Rs.398.
2. In July 2016, the stock climbed even higher and the final price for the month was about Rs.511. A final 5% dividend was announced on 2 August 2016. The stock declined in price over the course of the month of August 2016 to close at about Rs.424 at the end of the month. The stock climbed a little in price over the course of September 2016 to close at about Rs.447.
3. The closing price for October 2016 was about Rs.443. There was a sharp decline in prices in November 2016 and the closing price for the month was about Rs.365. In December 2016, the stock declined further to close at about Rs.322.
4. The price of the shares of the company rose in January 2017 with the final price for the month being about Rs.363. The stock climbed further in February 2017 with the final price for the month being about Rs.438. The price declined over the course of March 2017 with the final price being about Rs.423.
5. The share price declined further in April 2017 with the final price being about Rs.381. The share price dropped steeply in May 2017 with the final price for the month being about Rs.304. In June 2017, the stock showed some improvement but dropped again by the end of the month. The final price was about Rs.309.
6. The stock rose a little in July. A final 8% dividend was announced on 27 July 2017. The final price for the month was about Rs.323.The stock rose in price over the course of the final week of August 2017 to close at about Rs.366. The stock fell in price over the last ten days of September 2017 to close at about Rs.318.
7. The stock rose a little over October 2017 and closed at about Rs.338 at the end of the month. The price rose over the course of the month of November 2017 and the final price was about Rs.387. The final price for December was about Rs.389.

Should You Invest in Ujjivan Financial Services Limited?

1. The company began offering its services in 2005.
2. The company is spread out over 25 states and union territories in India.
3. The number of districts covered by the company is 209.
4. Ten years after inception, the company received RBI approval to set up a bank which it did.
5. The company has shown growth year-over-year and quarter-over-quarter.
6. The company has added close to two lakh more customers in the financial year 2017-2018.
7. The company thus seems well-poised for good earnings in the future.
8. While these are good reasons to invest in Ujjivan, investment should be done after careful research into the company based on personal financial status and risk appetites.

Company Information

The company was begun in 2005. Ten years later, the company received RBI approval to set up its own bank. The bank began operations in the year 2017. As of 2018, the company is spread out in about 25 states and union territories around India. The company has probably the biggest financial reach of any micro-finance institution.

History of the Company

The company began as an NBFC (Non-Banking Financial Company) in the year 2005. The company relied on the joint liability group lending model. The target segment for the company was groups of poor women who are economically active. The company also targeted loans for MSEs which are Micro and Small Enterprises. In the year 2015, the company received permission from Reserve Bank of India to set up its own bank. The Ujjivan Small Finance Bank Limited began operations in the year 2017. All of the company's business was shifted to the bank. This was done in order to make Ujjivan Financial Services an investment company.

Management of the Company

The Board of Directors of the company includes:

K.R. Ramamoorthy - Non-Executive Chairman

Abhijit Sen - Non-Executive Independent Director

Vandana Viswanathan - Non-Executive Independent Director

Ittira Davis - Managing Director and Chief Executive Officer

Jayanta Basu - Non-Executive Director

Amit Gupta - Non-Executive Director

The management team of the company includes the following people:

Ittira Davis - Managing Director and Chief Executive Officer

Sanjeev Barnwal - Company Secretary and Compliance Officer

Deepak Khetan - Chief Financial Officer

The MD and CEO of the company, Mr. Ittira Davis, is an international banker who has over 36 years of experience working in the banking industry. His experience was mostly gained in the Middle East and Europe. He graduated from the Indian Institute of Management Ahmedabad in 1976. His term as CEO of Ujjivan Small Finance Bank Limited ended on June 30, 2018.

The CFO or Chief Financial Officer, Mr. Deepak Khetan, is experienced in investment banking, equity research and investor relations. He accrued experience across sectors. He was previously employed by JP Morgan, ICICI Securities, and Axis Capital. He has an MBA degree from IMT Ghaziabad in finance and MS degree from ICFAI University at Hyderabad in finance. He has experience of about 11 years.

Ujjivan Financial Services Limited Listing in NSE, BSE, and Other Indices

The company is listed under the following codes on the BSE and the NSE:

BSE: 539874

NSE: UJJIVANEQ

IND: Finance and Investments

ISIN Code: INE334L01012

SECT: Finance

The company is included in the following indices:

1. Nifty 500
2. Nifty Full Smallcap 100
3. Nifty High Beta 50
4. Nifty MidSmallcap 400
5. Nifty Smallcap 100
6. Nifty Smallcap 250
7. Nifty Smallcap 50
8. S&P BSE 250 SmallCap Index
9. S&P BSE 400 MidSmallCap Index
10. S&P BSE 500
11. S&P BSE AllCap
12. S&P BSE Finance
13. S&P BSE MidSmallCap
14. S&P BSE SmallCap

The company is listed on the BSE and the NSE.

Registered Office

The registered office of the company is located at the following address:

Plot Number 2364/8, Khampur Raya Village, Main Patel Nagar Road, Shadi Khampur, New Delhi - 110008

Telephone number: +91 11 3043 2121

Fax number: +91 11 3043 2111

Other than this, the company has other head offices for each region.

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DISCLAIMER:

The contents of this post/blog does not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not a professional advice on a specific financial matter.