Investor Presentation on Unaudited Financial Results for the quarter ended June 30, 2026.

August 01, 2026 BSE Limited National Stock Exchange of India Limited Scrip Code: 543942, 975790, 959644, Symbol: UTKARSHBNK 976203 Dear Sir/Madam, Sub: Investor Presentation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Pursuant to Regulation 30 of SEBI Listing Regulations, enclosed herewith the Investor Presentation on Unaudited Financial Results for the quarter ended June 30, 2026 of the Bank. The said presentation is also available on the Bank’s website i.e. www.utkarsh.bank.in. This is for your information and records. Thanking you, Yours faithfully, For Utkarsh Small Finance Bank Limited Muthiah Ganapathy Company Secretary & Compliance Officer Encl:. As above Q1 FY27 Performance Snapshot All Amounts in ₹ Crores Q1 FY27 Performance Q4 FY26 Performance Banking Outlets : 1,110 vs. 1,099 (Jun-25) Disbursements Q1 FY27 YoY Growth QoQ Growth YoY Growth QoQ Growth Presence : 27 States & UTs Total Disbursements 3,370 48.5% (19.9)% 30.1% 46.1% Head Count : 18,136 vs. 19,871 (Jun-25) MB Disbursements 1,604 29.3% (25.3)% 34.3% 50.3% Non-MB Disbursements 1,766 71.7% (14.2)% 25.9% 41.9% Net worth (Capital + (cid:188)eserves): ₹2,745 YoY QoQ Portfolio Yield C(cid:188)A(cid:188) : 17.4% Portfolio Amount Growth Growth (Q1’27) (Q1’26) (Q4’26) Tier 1 : 15.1% Tier 2 : 2.3% Gross Loan Portfolio 19,610 2.0% 1.4% 15.7% 15.6% 15.1% Micro-Banking Portfolio 7,322 (19.4)% (1.3)% Secured : Unsecured Mix Balance Sheet Size : ₹28,418 Non Micro-Banking Portfolio 12,288 21.1% 3.2% (Q1’27) (Q1’26) (Q4’26) Borrowings : ₹1,845 Secured Portfolio 10,073 17.4% 2.2% 51% 45% 51% Book Value per Share : ₹15.4 Unsecured Portfolio 9,536 (10.4)% 0.7% 49% 55% 49% YoY QoQ Cost of Deposits Deposits Amount GNPA** : 5.9% vs. 7.6% (Mar-26) Growth Growth (Q1’27) (Q1’26) (Q4’26) vs. 11.4% (Jun-25) Total Deposits 22,054 2.6% 1.8% 7.6% 8.0% 7.9% NNPA** : 2.8% vs. 3.2% (Mar-26) CASA Deposits 4,867 15.1% (6.3)% 4.5% 5.2% 4.5% vs. 5.0% (Jun-25) (cid:188)etail Term Deposits 13,393 14.7% 5.3% 8.6% 8.7% 8.8% PC(cid:188) : 54.6% Institutional Term Deposits 3,794 (32.1)% 1.5% CASA% : 22% vs. 20% (Jun-25) Profitability Q1 FY27 Q4 FY26 Q3 FY26 CASA+(cid:188)TD% : 83% vs. 74% (Jun-25) PPoP 64 12 (44) CD (cid:188)atio : 83.8%* vs 83.4% (Jun-25) PAT (34) (188) (375) *CD (cid:188)atio at 78% excl. advances against which refinance is raised ; **Advances for the purpose of GNPA/NNPA calculation includes IBPC Asset Quality Stabilisation – Micro-Banking All Amounts in ₹ Crores Collection E(cid:514)ciency SSMMAA lleevveellss ddrrooppppeedd ssiiggnniifificcaannttllyy (excl. Pre-Payments) Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 X-Bucket 98.65% 98.62% 99.08% 99.69% 99.63% SMA 0 % 1.9% 1.8% 0.9% 0.4% 0.5% 82% 80% 82% SMA 1 % 1.5% 1.3% 0.9% 0.4% 0.3% SMA 2 % 1.7% 1.7% 1.4% 0.5% 0.4% Total SMA % 5.1% 4.9% 3.2% 1.3% 1.2% NPA % 20.8% 23.0% 20.5% 13.5% 10.1% PC(cid:188) % 61.9% 67.5% 68.6% 66.2% 60.5% Q1'FY26 Q2'FY26 Q3'FY26 Q4'FY26 Q1'FY27 Legacy Stress (cid:188)ecognition & Containment – Improved Collections and SMA trend reversals  Strong collections infrastructure in place to ensure faster recoveries and lower slippages  Collection force expanded  Collection sta(cid:513) allocated bucket-wise  Post-guardrail book demonstrating superior performance  The collection force will be retained for legacy NPA book & write o(cid:513) collections Asset Quality Stabilisation – Bank Level All Amounts in ₹ Crores Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Jun-25 Mar-26 Jun-26 411 462 446 244 109 Gross NPA %** 11.4% 7.6% 5.9% Credit Cost 8.5% 9.7% 9.6% 5.3% 2.3% Net NPA %** 5.0% 3.2% 2.8% PC(cid:188) % 59.2% 62.7% 62.2% 59.3% 54.6% SMA 1 & 2 % 2,196 2,276 1,986 1,460 4.1% 4.4% 4.1% 1,163 3.5% 3.6% 897 848 594 529 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Jun'25 Sep'25 Dec'25 Mar'26 Jun'26 Gross NPAs Net NPAs Provisions Break-up NPA Movement* Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Opening GNPA 1,854 2,196 2,276 1,986 1,460 Particulars Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Additions during the period 452 464 426 268 195 NPA Provision 1,299 1,428 1,235 866 635 (cid:188)eductions during the period Provision for standard Up-gradations & (cid:188)ecoveries 55 49 64 97 69 1 1 1 1 1 restructured Write-o(cid:513)s 54 311 652 72 57 Standard Provision 72 69 58 64 65 A(cid:188)C Sale - 24 - 624 365 Closing GNPA 2,196 2,276 1,986 1,460 1,163 Total Provisions 1,372 1,498 1,294 931 701 *NPA Movement based on quarter-end NPAs **Advances for the purpose of GNPA/NNPA calculation includes IBPC Sustainable Franchise Diversified Asset Mix within the SFBs – Swiftly de-risking the business with Secured loans now constituting 51% of the portfolio Strategic Geographic Expansion: Sustaining JLG dominance in UP & Bihar on the back of first-mover advantage and brand recall, alongside retail lending expansion in new geographies for diversification One of the Largest Banking Network Amongst SFBs – >1,100 banking outlets well-entrenched across the country; ~25% GB branches in growth phase  significant growth potential without further infrastructure investment (cid:188)obust Momentum in (cid:188)etail Deposit Growth – Emphasis on building a granular retail deposit franchise Operational E(cid:514)ciency to Kick-in – Investments already made in infrastructure, manpower and technology  Poised to drive improved margins via optimal utilization Focus on robust risk management and e(cid:513)ective operations – Multiple incremental checks to validate borrower intent, repayment capacity, and creditworthiness Leadership and Governance strengthening the Bank’s core competencies Building Growth Strategies Continue diversifying asset portfolio  Consistently increase share of secured loans in portfolio mix  Leverage wide base of existing customers in the unserved and underserved segments – Utkarsh in  Extend product o(cid:513)erings from JLG loans to individual loans, a(cid:513)ordable housing and other new products FY28  Focus on –  Low risk, high yielding products 2255--3300%%  O(cid:513)ering working capital and term loans to MSMEs, small and medium sized corporates, institutional customers PPoorrttffoolliioo GGrroowwtthh  Cross-sell to existing clients on-boarded through existing network in urban and metro locations  Portfolio de-risking via gradual reduction in UP & Bihar exposure alongside retail expansion in newer markets Grow retail deposits mix across geographies and customer segments to build stable funding source (cid:188)(cid:188)eettuurrnn oonn EEqquuiittyy  Enter newer geographies including top 100 cities in terms of overall deposits, to grow the bank deposit base  Strengthen liability franchise by continuing focus on CASA and retail deposit base  Enhance digital o(cid:513)ering at various touch points of customer life cycle NNeett IInntteerreesstt MMaarrggiinn Increase share of fee income and capitalize on cross-selling opportunities  Generate fee income from own products and cross-selling third-party products ~~5555%%  Engaged with various partners in o(cid:513)ering third-party products and intend to continue to develop newer partnerships SSeeccuurreedd LLooaannss  Provide various payment solutions and other relevant services to increase the fee income Increasing use of technology and digital o(cid:513)erings for last mile delivery to customers  Continue to invest in technology as a means of improving customer experience  Increase focus on applying the data gathered over the years by creating customized analytical decision models to enhance underwriting and collection procedures Journey and Franchise Portfolio Build Up Deposits Build Up Financial Performance Technology, ESG & CS(cid:188) Journey and Franchise Committed journey of ~16 years from Microfinance to Small Finance Bank to Listed Company Significant presence in rural & semi urban locations and under penetrated States of the Country Di(cid:513)erentiated branch network to ensure re [Showing first 8,000 characters — download PDF for full document]