Utkarsh Coreinvest Limited
-16.04 %As of May 11, 2025, Utkarsh Coreinvest Limited share price is INR 225.00 per share and the face value is INR 10.00 per share. The lot size of Utkarsh Coreinvest Limited is 0 shares. The 52 week high for Utkarsh Coreinvest Limited is INR 340.00, while the 52 week low is INR 225.00
About Utkarsh Coreinvest Limited
A Comprehensive Overview of Price & Journey
Understanding Utkarsh Coreinvest Limited Inception and Growth
SHOW MORE...About Utkarsh Coreinvest Limited
IPO Details, Price movement
Awards and Recognition
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Recognized as Microfinance India Organization of the Year (Small and Medium Category) in 2012.
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Honoured with the Mix STAR (Socially Transparent And Responsible) Award in 2013.
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Received the MF Transparency Seal of Pricing Transparency Award.
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Acknowledged with CIMSME’s MSME Banking Excellence Award in 2015.
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Awarded the MFIN Awards in 2018 for the “Effective Grievance Redressal Systems” category. Received the “Social Impact Initiatives Award” at the 5th Eastern India Microfinance Summit in 2019.
Event
The Board of Directors of UCL on February 13, 2024, whereby UCL has proposed to initiate steps in furtherance of a proposed reverse merger (‘Proposed Merger’) of UCL with the Bank, subject to receipt of requisite corporate, regulatory and statutory approvals and any other approvals as may be applicable, by each of UCL and the Bank. The proposal of evaluating reverse merger would be in the direction of fulfilling the regulatory stipulation emanating from Reserve Bank of India Guidelines on Acquisition and Holding of Shares or Voting Rights in Banking Companies dated January 16, 2023, required to dilute the Promoter shareholding to 26 per cent within 15 years from the date of commencement of banking business.
Registered Office
The Registered office of the company is in Varanasi, Uttar Pradesh, India.
Performance Highlights for the FY 2022-24
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Deposits and gross loan portfolio increased by over 30%,
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Total income surged by nearly 15%, which is not that bad.
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Profit after tax declined by over 40% to INR 329.8 crore in FY24 from INR 553.8 crore in FY23.
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The Revenue from operations for the company in FY24 was Rs. 3140 Crores compared to the previous year in FY23, which stood at Rs. 2745 Crores, so there is an increase in revenue, which means an increase in demand for the company's products.
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More than 90% of the income comes from the interest, which stood at Rs. 3093 Crores in FY24 compared to the previous year of Rs. 2723 Crores.
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The Profit before tax was Rs. 438.4 in FY24 Crores compared to the previous year's Rs 731.4 crore in FY23.
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The company received a cash inflow of Rs. 211 Crores through operating activities and Rs. 516 Crores through financing activities.
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The company spent the cash on investing activities of Rs. 393 Crores.
Fundamentals
Financials
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | - | 1977.62 | 2744.77 | 3140.36 |
| Other Income | - | 117.18 | 193.42 | 243.19 |
| COGS | - | - | - | - |
| Gross Profit | - | 2094.80 | 2938.19 | 3383.55 |
| Total Expense | - | 1131.83 | 1107.85 | 1538.09 |
| EBIDTA | - | 962.98 | 1830.34 | 1845.46 |
| D&A | - | 82.55 | 74.20 | 108.89 |
| EBIT | - | 880.43 | 1756.14 | 1736.57 |
| Interest Expense | - | 799.30 | 1024.70 | 1298.16 |
| PBT | - | 81.13 | 731.44 | 438.41 |
| TAX | - | 18.90 | 177.60 | 108.57 |
| PAT | - | 62.23 | 553.84 | 329.84 |
| Diluted EPS | - | 6.31 | 55.88 | 33.19 |
| Basic EPS | - | 6.36 | 56.45 | 33.56 |
| Total income | 0.00 | 2,094.80 | 2,938.19 | 3,383.55 |
ASSETS
| CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash and Cash Equivalents | - | 1868.28 | 2512.56 | 2846.47 |
| Trade Payables | - | - | - | - |
| Inventory | - | - | - | - |
| Other Current Assets | - | 12381.89 | 16536.17 | 21760.20 |
| Total Current Assets | 0.00 | 14,250.17 | 19,048.73 | 24,606.67 |
| NON CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Plant Property and Equipment | - | 443.84 | 518.36 | 501.49 |
| Long Term Investment | - | - | - | - |
| Other Non Current Assets | - | 238.04 | 148.61 | 235.31 |
| TOTOAL NON CURRENT ASSSETS | 0.00 | 681.88 | 666.97 | 736.80 |
| Total Assets | 0.00 | 14,932.05 | 19,715.70 | 25,343.47 |
|---|
| CURRENT LIABILITES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| TRADW Payable | - | 40.92 | 42.01 | 49.45 |
| Other Current Liab | - | 13329.17 | 17562.47 | 22352.10 |
| Total Current Liab | 0.00 | 13,370.09 | 17,604.48 | 22,401.55 |
| NON CURRENTLIABILITIES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Long Term Debt | - | - | - | - |
| Deffered Tax Liab | - | - | - | - |
| Other Non Current Liab | - | 17.33 | 34.76 | 30.80 |
LIABILITIES
| EQUITY | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | - | 98.33 | 98.42 | 98.74 |
| Reserves And Surplus | - | - | - | - |
| Other Equity | - | 1446.30 | 1978.04 | 2812.34 |
| Retained Earnings | - | - | - | - |
| share Equity | 0.00 | 1,544.63 | 2,076.46 | 2,911.08 |
| Total Liabilities | 0.00 | 1,561.96 | 2,111.22 | 2,941.88 |
|---|
| CASH FLOW STAT | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash Flow from operating | - | 724.34 | 952.23 | 210.85 |
| Cash Flow from financing | - | -186.32 | 135.87 | 516.28 |
| Cash Flow from investing | - | 163.25 | -443.82 | -393.22 |
| Net cash flow | 0.00 | 701.27 | 644.28 | 333.91 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Frequently Asked Questions
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.