Union Bank of India

Union Bank of India

₹ 154 1.52%
28 Mar - close price
About

Union Bank of India is engaged in the Business of Banking Services, Government Business ,Merchant Banking, Agency Business Insurance, Mutual Funds, Wealth Management etc.[1]

Key Points

Ratios (FY23)[1][2]
Capital Adequacy Ratio - 16.04%
Net Interest Margin - 3.07%
Gross NPA - 7.53%
Net NPA - 1.70%
CASA Ratio - 35.62%[3]

  • Market Cap 1,17,176 Cr.
  • Current Price 154
  • High / Low 162 / 65.4
  • Stock P/E 8.93
  • Book Value 115
  • Dividend Yield 1.95 %
  • ROCE 5.02 %
  • ROE 11.3 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 29.3% CAGR over last 5 years

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 8.67% over last 3 years.
  • Contingent liabilities of Rs.6,51,376 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

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Revenue 17,087 15,475 17,134 16,706 16,930 17,174 18,174 19,682 20,883 22,005 23,478 24,587 25,363
Interest 10,498 10,072 10,121 9,876 9,755 10,405 10,593 11,377 12,255 13,754 14,638 15,461 16,195
9,505 8,457 8,014 8,458 7,150 8,110 8,232 9,081 8,316 9,632 7,569 7,368 7,413
Financing Profit -2,915 -3,054 -1,000 -1,628 25 -1,341 -650 -776 312 -1,381 1,271 1,758 1,755
Financing Margin % -17% -20% -6% -10% 0% -8% -4% -4% 2% -6% 5% 7% 7%
2,970 4,330 2,779 3,978 2,524 3,243 2,817 3,276 3,271 5,269 3,903 3,695 3,774
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 55 1,276 1,779 2,350 2,549 1,902 2,166 2,500 3,583 3,888 5,174 5,453 5,530
Tax % -1,229% -4% 34% 35% 57% 24% 28% 26% 37% 28% 37% 36% 35%
727 1,330 1,181 1,526 1,085 1,440 1,558 1,848 2,245 2,782 3,236 3,511 3,590
EPS in Rs 1.13 2.08 1.73 2.23 1.59 2.11 2.28 2.70 3.28 4.07 4.74 4.74 4.84
Gross NPA % 13.49% 13.74% 13.60% 12.64% 11.62% 11.11% 10.22% 8.45% 7.93% 7.53% 7.34% 6.38% 4.83%
Net NPA % 3.27% 4.62% 4.69% 4.61% 4.09% 3.68% 3.31% 2.64% 2.14% 1.70% 1.58% 1.30% 1.08%
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 TTM
Revenue 21,028 25,125 29,349 32,084 32,199 32,660 32,748 34,067 37,231 68,767 67,944 80,743 95,432
Interest 14,235 17,582 21,470 23,640 23,886 23,757 23,443 23,852 25,794 44,079 40,157 47,978 60,048
6,382 6,880 8,440 8,963 9,935 13,290 20,573 18,247 20,314 33,138 30,994 34,524 31,982
Financing Profit 411 663 -561 -519 -1,622 -4,386 -11,268 -8,033 -8,877 -8,450 -3,207 -1,758 3,403
Financing Margin % 2% 3% -2% -2% -5% -13% -34% -24% -24% -12% -5% -2% 4%
2,448 2,552 2,822 3,523 3,632 4,965 4,990 4,474 5,261 11,744 12,525 14,633 16,642
Depreciation 146 151 194 221 244 236 363 368 411 895 738 737 0
Profit before tax 2,713 3,064 2,067 2,783 1,765 342 -6,641 -3,927 -4,028 2,399 8,579 12,138 20,045
Tax % 34% 30% 18% 36% 23% -62% 21% 25% 28% -21% 39% 31%
1,787 2,158 1,696 1,782 1,352 555 -5,247 -2,947 -2,898 2,906 5,232 8,433 13,120
EPS in Rs 32.46 36.16 26.91 28.02 19.66 8.08 -44.90 -16.72 -8.47 4.54 7.66 12.34 18.39
Dividend Payout % 25% 22% 15% 21% 10% 0% 0% 0% 0% 0% 25% 24%
Compounded Sales Growth
10 Years: 12%
5 Years: 20%
3 Years: 29%
TTM: 26%
Compounded Profit Growth
10 Years: 15%
5 Years: 29%
3 Years: 70%
TTM: 85%
Stock Price CAGR
10 Years: 1%
5 Years: 10%
3 Years: 65%
1 Year: 131%
Return on Equity
10 Years: 3%
5 Years: 4%
3 Years: 9%
Last Year: 11%

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
Equity Capital 551 597 630 636 687 687 1,169 1,763 3,423 6,407 6,835 6,835
Reserves 13,972 16,588 17,734 19,125 22,204 23,289 23,928 24,724 30,363 58,070 63,741 71,499
Preference Capital 111 111 111 0 0 0 0 0 0 0 0 0
240,778 287,559 326,992 352,230 373,677 417,125 454,182 458,779 503,155 975,642 1,083,572 1,160,854
6,911 7,390 8,424 9,625 8,127 11,603 8,101 8,773 13,743 31,587 33,443 41,564
Total Liabilities 262,211 312,134 353,781 381,616 404,696 452,704 487,380 494,039 550,683 1,071,706 1,187,591 1,280,752
2,332 2,467 2,608 2,678 3,928 3,873 3,800 3,719 4,709 7,282 7,155 8,805
CWIP 4 12 1 4 12 21 33 44 53 62 36 21
Investments 62,364 80,830 93,723 84,462 89,208 112,149 123,754 126,047 152,414 331,512 348,507 339,299
197,512 228,824 257,449 294,472 311,548 336,661 359,793 364,230 393,507 732,850 831,892 932,628
Total Assets 262,211 312,134 353,781 381,616 404,696 452,704 487,380 494,039 550,683 1,071,706 1,187,591 1,280,752

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
-3,830 -4,227 2,318 -3,799 88 -5,804 6,170 -7,246 -75 20,443 36,214 5,984
-223 -334 -357 -255 -17 -523 -343 -363 -7 27,538 -357 -2,408
-370 5,096 4,902 3,359 -2 9,873 10,792 1,214 203 -18,676 -767 -10,926
Net Cash Flow -4,423 535 6,862 -695 69 3,546 16,619 -6,395 121 29,304 35,090 -7,350

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 % 13% 14% 10% 9% 6% 2% -21% -11% -10% 6% 8% 11%

Shareholding Pattern

Numbers in percentages

7 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Feb 2024
83.49% 83.49% 83.49% 83.49% 83.49% 83.49% 83.49% 83.49% 83.49% 76.99% 76.99% 74.76%
1.67% 1.49% 1.19% 1.18% 1.13% 1.43% 1.62% 1.66% 1.46% 2.89% 3.97% 6.00%
6.84% 6.72% 7.02% 7.05% 6.90% 7.05% 8.39% 8.27% 7.88% 12.69% 12.28% 12.59%
7.99% 8.29% 8.30% 8.27% 8.47% 8.02% 6.49% 6.57% 7.17% 7.42% 6.76% 6.63%
No. of Shareholders 6,83,0426,90,8097,39,1437,61,8097,98,2147,81,5547,80,2087,83,5507,75,7738,65,2518,74,3099,17,901

* 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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