AU Small Finance Bank Ltd (AUBANK) — share price & stock analysis

Market cap

₹78,747 Cr

P/BV

3.98×

ROE

14.3%

vs own 10-yr valuation

25th pctile

Book value / share

₹264

EPS (TTM)

₹35.3

10-yr median P/BV

5.3×

Revenue (FY26)

₹18,636 Cr

Profit after tax (FY26)

₹2,641 Cr

Weinstein stage

Stage 2 (59 weeks)

Data as of

1 July 2026

4 of the 5 things we track are currently moving the right way — nearly everything is pulling in the same direction.

Where the levels actually stand: ROE 14% — respectable; GNPA 2.0% — workable, not pristine; the spread is mid-band vs its own history. Momentum says which way things are moving; these say where they are.

Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, lending and bad loans count double.

The price has run ahead of the profits

Since Aug 2017, the stock is up 288% while earnings per share grew 144%. The difference is re-rating — investors paying more for the same rupee of profit.pricettm_eps

That works until it doesn’t: from here, earnings have to do the lifting, because the multiple has already done its part.

Today’s P/BV of 4× sits near the bottom of its own range — it has been cheaper than this only 25% of the time against its own 10-year history.pb_ratio

Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots (the window starts at the first stable snapshot — earlier IPO-era share-count revisions are excluded, since they are not earnings events); between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/BV — what the market pays per rupee of book value; the dotted line is its long-run median (5.3×).

The price is in a confirmed uptrend — 59 weeks and counting

Stock prices move through four repeating stages: basing (1), advancing (2), topping (3) and declining (4). This one is in Stage 2: advancing, 59 weeks in, confirmed.stage

The price sits above its rising 200-day average (₹929 today) — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200

Beating NIFTY 500 for 67 weeks — relative strength is the market’s live opinion, and right now it is on this stock’s side.rs_mansfield

What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200

Profits have grown in 10 of the last 12 years — this is a compounding machine

Over 12 years, income went from ₹611 Cr to ₹18,636 Cr (about 33% a year), and profit from ₹92.0 Cr to ₹2,641 Cr.revenuenet_profit

Margins gave up 3.8 points along the way — growth bought at a price.revenue−interest_expense

The loan book is working — interest income grew 18%

Mar 26 income was ₹5,019 Cr, up 18% on a year ago. A bank grows by lending more and charging well — this line is both together.revenue

The squeeze is easing — the spread bottomed at 47% and is mending

Of every ₹100 of interest the bank earns, ₹49 goes straight out as interest on deposits and borrowings. It keeps ₹51 — up 2 points from a year ago.revenueinterest_expense

The visible arc: squeezed from 51% down to 47% (Jun 25) as deposits repriced faster than loans, and recovering since. The direction matters more than the level now.interest_expense

Bad loans are stable at 2.0%

₹2.0 of every ₹100 lent is currently stuck with borrowers who’ve stopped paying. After the money already set aside, the true exposure is 0.7%.gross_npa_pctnet_npa_pct

Profit exploded 65% year on year

Mar 26 profit was ₹832 Cr, up 65% on last year — earnings per share of ₹11.12.net_profiteps

Where the growth comes from matters: this year it is the lending engine — net interest income — doing the lifting, not one-off provision releases. That is the more durable kind.revenue

The market still prices this bank below its own average

Today you pay ₹3.98 for every ₹1 of book value, against a long-run median of ₹5.30. It has traded cheaper than this only 25% of the time since 2017.pb_ratio

Institutions sold for years — and have been buying back since

Promoters hold 22.8%, essentially unchanged. Foreign funds own 37.3%, domestic funds 31.3%.promoters_pctfiis_pctdiis_pct

Foreign funds tell the real story: they sold from 41.6% down to 34.5% (Sep 25), and have been buying back since — now 37.3%. A completed round trip like that usually means the doubts got answered.fiis_pct

Worth studying deeper — with eyes open

The numbers lean positive, and the price already assumes the good news continues.

Best thing in the data: profit rising (₹504 Cr → ₹832 Cr).net_profit

One dissent worth hearing: our valuation lens reads negative — “its fair-value math says the price sits about 65% above what the numbers justify”. When a lens disagrees with the committee, it is usually pointing at the thing that breaks first.

Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.

Straight answers from the data