AU Small Finance Bank Ltd(AUBANK)

NSE: AUBANKBSE: 540611

₹ 934-1.68%refreshed 23 Oct, 03:56 pm ISTMarket cap: ₹ 70,178 crNext results: 24 Oct 2026Website: www.aubank.inUpdated: 24 Oct 2026

About

AU Small Finance Bank is an Indian small finance bank offering retail, commercial, and inclusive banking products, with a gross loan portfolio of ₹1.40 lakh crore and total deposits of ₹1.52 lakh crore as of FY26-end. As of FY 2025-26 it had 703 branches and 2,790 touchpoints. It was the first Small Finance Bank to receive RBI in-principle approval to become a Universal Bank, and it applied for the final licence in March 2026.^[1][2]

Business segments

Retail banking revenue was ₹15,779.74 Cr in FY26, up from ₹14,001.21 Cr in FY25. It made up 73.0% of segment revenue in FY26.^[2][3]
Treasury revenue was ₹3,208.23 Cr in FY26, up from ₹2,564.93 Cr in FY25. It made up 14.8% of segment revenue.^[2][3]
Wholesale banking revenue was ₹2,111.66 Cr in FY26, up from ₹1,643.19 Cr in FY25. It made up 9.8% of segment revenue.^[2][3]
Other banking operations revenue was ₹514.65 Cr in FY26, up from ₹380.71 Cr in FY25. It made up 2.4% of segment revenue.^[2][3]

Loan book mix

Wheels (vehicle finance) is the flagship business and the largest retail secured portfolio. It grew 27% YoY to ₹46,363 Crore as of March 31, 2026.^[2]
The Micro Business Loans portfolio grew 13% YoY to ₹34,691 Crore as of March 31, 2026.^[2]
The Home Loan portfolio grew 4% YoY to ₹7,748 Crore as of March 31, 2026.^[2]
The gold loan book reached ₹4,547 crore in Q1 FY27, up 130% YoY and 15% QoQ. The average ticket size is about ₹2.5 lakh, and more than 80% of the book is rural.^[4]
Commercial banking grew 34% YoY and 6% QoQ to ₹32,800 crore in Q1 FY27. Its sub-verticals are business banking, EEFI, REG and renewable energy.^[4]
In FY26, Business Banking grew 15% to ₹17,641 Crore, EE&FI grew 38% to ₹5,713 Crore, Real Estate Group grew 56% to ₹5,011 Crore and renewable energy grew 118% to ₹2,603 Crore.^[2]
Inclusive banking (mainly microfinance) stood at ₹7,150 crore in Q4 FY26. Management caps microfinance at no more than 10% of total loans.^[1]
About 90% of the loan portfolio was secured and asset-backed in FY26.^[2]

Deposits

Total deposits reached ₹1.58 lakh crore in Q1 FY27, up 24% YoY.^[4]
The CASA ratio was 29% in Q1 FY27. Stable deposits made up 79% of total deposits.^[4]
In FY26 the bank opened an average of one lakh CASA accounts per month.^[2]

Key operating metrics

NIM rose 47 bps YoY to 5.9% in Q1 FY27, and cost of funds fell 60 bps YoY.^[4]
The GNPA ratio was 2.10% in Q1 FY27, down from 2.47% a year earlier. NNPA was 0.76%.^[4]
Credit cost (including the CGFMU fee) was 0.8% in Q1 FY27, compared with 1.4% a year earlier.^[4]
Slippages fell 22% YoY to ₹798 crore in Q1 FY27.^[4]
PCR (including technical write-offs) was 85% in Q1 FY27.^[4]
In Q1 FY27 the Tier-I capital ratio was 17.1% and CRAR was 18.9%.^[4]
Cost-to-income (excluding CGFMU) was 56.6% in Q1 FY27. Cost-to-assets was 4.1% in FY26, compared with 4.3% in FY25.^[4]
92% of the microfinance book was covered by CGFMU guarantees in Q4 FY26, up from 69% in Q2 FY26. Microfinance collection efficiency was 99.5% in Q1 FY27.^[1]

Distribution and reach

In FY26 the bank added 334 touchpoints, including 78 liability branches, for a total of 2,790 touchpoints. It also had 762 ATMs.^[2]
Over two years to FY26, the urban branch network grew by 208 branches and the Swadesh network by 85.^[2]
Gold loan touchpoints rose from 353 in March 2024 to 1,040 by March 2026. Gold loans were offered across 1,300+ branches in Q1 FY27.^[2][4]
As of FY26, microfinance reached 18 states, 347 districts and more than 58,000 villages, serving over 20 lakh households.^[2]
The bank is expanding into Uttar Pradesh, West Bengal, Andhra Pradesh, Telangana, Karnataka and Tamil Nadu. In FY25 its business was concentrated in northern and western India.^[2][5]
The bank added 16 liability branches in Q1 FY27 and plans 100+ in FY27, along with 120-130 Swadesh and 370-400 Wheels touchpoints.^[4]
In FY26 the bank signed bancassurance partnerships with SBI Life and LIC.^[2]

Technology

The bank launched its own Agentic AI platform. Its first use, a gold loan origination system, approves loans within 5-10 minutes, and it is being extended to other loan products.^[2][1]
In FY26 the core banking system of the former Fincare SFB was fully moved onto the AU SFB platform.^[2]
More than 90% of transactions and service requests were processed through AU 0101 in Q1 FY27.^[4]
Technology spend was about ₹1,000 crore, or 12-13% of total opex, as of Q1 FY27.^[4]

Regulatory, ratings and leadership

RBI gave in-principle approval for the Universal Bank transition on August 7, 2025. The bank applied for the final licence in March 2026.^[2][6]
RBI's letter of March 6, 2026 replaced the NOFHC requirement.^[2][1]
The Government approved raising the bank's foreign investment limit from 49% to 74%.^[2][7]
ICRA reaffirmed the bank's AA (Positive) rating on October 1, 2026 and assigned AA (Positive) to its ₹100 crore infrastructure bonds.^[8]
RBI approved reappointing Sanjay Agarwal as MD & CEO for three more years. After CFO Vimal Jain died, Gaurav Jain was named CFO, and Vivek Tripathi was appointed WTD.^[2]

Targets

The bank targets an ROA of 1.8% for FY27, compared with 1.7% in Q1 FY27.^[4]
The bank targets opex-to-assets (excluding CGFMU) below 4% in FY27 and about 3.5% within three to five years.^[1]
Management targets balance sheet growth of 2x-2.5x India's nominal GDP growth over the next 10 years.^[4]

Market Cap

₹70,178 Cr

High / Low

₹1,145 / 786

Stock P/E

25.9

Price / Book

3.7

Book Value

₹257

EPS

₹35.3

No. of Shares

74.83 Cr

ROE

14.2%

Sales

₹18,636 Cr

Net Profit

₹2,641 Cr

Promoter holding

22.7%

Loading chart…

Signal history

AI Deep Dive

The analysis Screener can't give you

Our models read the latest earnings call, annual report, and financials end-to-end - then grade management, value the business, and flag the risks. Unlock all of it for this company:

Verdict
The headline call - descriptive label, conviction, and the synthesis behind it.
Valuation
Guidance-anchored P&L bridge - worst / average / best multiple cases.
Walk the talk
Did management deliver on past guidance? A commitment-by-commitment scorecard.
Red flags
Forensic and governance risk pointers, severity-ranked.
Balance sheet
Solvency and earnings-quality score.
Concall briefs
Quarter-by-quarter earnings-call briefs - what changed and why.

₹49 unlocks this company for 90 days, ₹299 for a full year - bundles bring it lower. Built on public disclosures - educational, not investment advice.

AI Deep Dive

Verdict

Locked

The headline call - descriptive label, conviction, and the synthesis behind it.

Company data

Financials

AU Small Finance Bank Ltd(AUBANK)

About

Business segments

Loan book mix

Deposits

Key operating metrics

Distribution and reach

Technology

Regulatory, ratings and leadership

Targets

Signal history

The analysis Screener can't give you

AI Deep Dive

Verdict

Company data

Product Segments

Corporate Actions