UCO Bank

UCO Bank

₹ 27.1 -1.49%
05 Jun 3:36 p.m.
About

UCO Bank is engaged in providing wide range of banking and financial services including Retail Banking, Corporate Banking and Treasury Operations.[1]

Key Points

Ratios (Q3FY21)
Capital Adequacy Ratio - 12.08%
Net Interest Margin - 2.87%
Gross NPA - 9.80%
Net NPA - 2.97%[1]
CASA Ratio - 38.91%[2]

  • Market Cap 32,448 Cr.
  • Current Price 27.1
  • High / Low 38.2 / 10.5
  • Stock P/E 17.5
  • Book Value 21.6
  • Dividend Yield 0.00 %
  • ROCE 4.75 %
  • ROE 7.55 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 19.3% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.71% over past five years.
  • Company has a low return on equity of 4.16% over last 3 years.
  • Contingent liabilities of Rs.63,782 Cr.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Banks Industry: Banks - Public Sector

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Revenue 3,742 3,663 3,615 3,603 3,566 3,570 3,720 3,919 3,773 3,851 4,185 4,627 4,987
Interest 2,488 2,396 2,221 2,195 2,154 2,109 2,122 2,157 2,120 2,202 2,415 2,675 3,015
2,000 1,995 2,331 2,181 2,470 2,158 2,218 1,690 1,757 1,402 1,766 1,754 2,025
Financing Profit -745 -729 -938 -774 -1,057 -697 -621 73 -105 248 4 198 -53
Financing Margin % -20% -20% -26% -21% -30% -20% -17% 2% -3% 6% 0% 4% -1%
769 774 713 864 1,071 857 936 719 589 -54 780 823 960
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 23 45 -225 91 13 159 316 792 484 193 784 1,021 907
Tax % 28% 53% 113% 61% -495% 36% 35% 61% 36% 36% 36% 36% 36%
Net Profit 17 21 30 35 80 102 205 310 312 124 505 653 581
EPS in Rs 0.02 0.02 0.03 0.04 0.08 0.09 0.17 0.26 0.26 0.10 0.42 0.55 0.49
Gross NPA % 16.77% 14.38% 11.62% 9.80% 9.59% 9.37% 8.98% 8.00% 7.89% 7.42% 6.58% 5.63% 4.78%
Net NPA % 5.45% 4.95% 3.63% 2.97% 3.94% 3.85% 3.37% 2.81% 2.70% 2.49% 1.99% 1.66% 1.29%
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Revenue 14,632 16,752 18,230 19,359 18,561 16,326 14,020 14,331 15,134 14,446 14,981 17,651
Interest 10,730 12,170 12,171 13,797 13,713 12,509 10,895 10,019 10,042 8,966 8,508 10,307
3,718 4,800 5,546 5,849 10,768 6,789 8,521 12,753 11,539 8,845 7,658 6,729
Financing Profit 184 -218 513 -286 -5,920 -2,972 -5,396 -8,441 -6,446 -3,365 -1,185 614
Financing Margin % 1% -1% 3% -1% -32% -18% -38% -59% -43% -23% -8% 3%
966 952 1,321 2,004 1,596 2,114 1,121 1,514 2,871 3,424 3,101 2,508
Depreciation 78 87 110 136 137 153 152 137 137 134 165 218
Profit before tax 1,071 647 1,724 1,582 -4,460 -1,011 -4,427 -7,065 -3,713 -75 1,750 2,905
Tax % -3% 4% 12% 28% 37% -83% -0% 39% 34% 321% 47% 36%
Net Profit 1,109 618 1,511 1,138 -2,799 -1,851 -4,436 -4,321 -2,437 167 930 1,862
EPS in Rs 16.68 8.21 14.89 10.58 -26.03 -11.87 -19.22 -7.97 -2.46 0.17 0.78 1.56
Dividend Payout % 18% 19% 20% 19% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 1%
5 Years: 5%
3 Years: 5%
TTM: 18%
Compounded Profit Growth
10 Years: 12%
5 Years: 19%
3 Years: 40%
TTM: 100%
Stock Price CAGR
10 Years: -10%
5 Years: 9%
3 Years: 29%
1 Year: 139%
Return on Equity
10 Years: -6%
5 Years: -4%
3 Years: 4%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2,488 2,576 1,015 1,076 1,076 1,560 2,308 5,423 9,918 9,918 11,956 11,956
Reserves 6,126 7,107 10,212 11,473 11,446 11,194 12,649 11,968 9,291 12,688 11,638 13,809
166,905 182,923 220,252 224,589 224,359 210,819 194,299 206,230 208,898 221,302 237,581 269,839
6,803 7,868 7,647 8,779 8,002 7,767 6,800 6,863 7,800 9,428 6,609 5,260
Total Liabilities 180,498 198,651 239,125 245,917 244,883 231,340 216,056 230,484 235,908 253,336 267,784 300,863
802 879 1,018 1,066 2,878 2,843 2,867 2,814 2,832 3,151 3,287 3,444
CWIP 3 11 43 48 6 6 8 8 8 67 48 65
Investments 45,772 52,245 67,452 64,223 83,974 74,019 70,962 82,232 90,999 93,783 96,874 95,169
133,922 145,517 170,611 180,580 158,024 154,471 142,219 145,430 142,069 156,335 167,575 202,184
Total Assets 180,498 198,651 239,125 245,917 244,883 231,340 216,056 230,484 235,908 253,336 267,784 300,863

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-3,019 -2,090 3,574 7,861 -2,978 -3,852 -9,082 4,190 -10,658 2,422 4,399 2,983
55 -50 -135 -151 -52 -217 -24 44 -250 106 -214 -267
-413 880 -771 -553 -579 3,609 5,754 5,450 4,283 3,266 -1,637 -336
Net Cash Flow -3,377 -1,260 2,668 7,157 -3,610 -459 -3,352 9,684 -6,626 5,794 2,548 2,380

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
ROE % 14% 7% 14% 10% -22% -15% -32% -27% -13% 0% 4% 8%

Shareholding Pattern

Numbers in percentages

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
94.44 94.44 94.44 94.44 95.39 95.39 95.39 95.39 95.39 95.39 95.39 95.39
0.11 0.11 0.10 0.11 0.08 0.09 0.07 0.02 0.01 0.03 0.05 0.16
2.32 2.29 2.27 1.59 1.28 1.27 1.28 1.29 1.32 1.34 1.37 1.37
3.13 3.16 3.18 3.86 3.25 3.24 3.26 3.30 3.28 3.23 3.18 3.08

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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