Union Bank of India

₹ 74.9 -4.46%
27 Jan - 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 (Q3FY21)
Capital Adequacy Ratio - 12.98%
Net Interest Margin - 2.94%[1]
Gross NPA - 13.49%
Net NPA - 3.27%
CASA Ratio - 35.38%[2]

  • Market Cap 51,192 Cr.
  • Current Price 74.9
  • High / Low 96.4 / 33.5
  • Stock P/E 7.05
  • Book Value 104
  • Dividend Yield 2.54 %
  • ROCE 4.43 %
  • ROE 7.78 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.72 times its book value
  • Company has delivered good profit growth of 57.3% CAGR over last 5 years

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 3.39% over last 3 years.
  • Contingent liabilities of Rs.717,236 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

Consolidated Figures in Rs. Crores / View Standalone

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Revenue 9,688 9,363 18,556 17,913 17,220 15,622 17,279 16,851 17,072 17,028 18,256 19,778 20,966
Interest 6,499 6,434 12,031 11,496 10,506 10,079 10,127 9,881 9,762 10,409 10,598 11,384 12,242
3,923 6,000 7,977 8,816 10,419 9,391 8,713 9,410 7,946 6,940 8,442 9,598 8,817
Financing Profit -735 -3,071 -1,452 -2,399 -3,705 -3,848 -1,561 -2,441 -635 -321 -784 -1,204 -93
Financing Margin % -8% -33% -8% -13% -22% -25% -9% -14% -4% -2% -4% -6% -0%
1,297 -397 1,931 2,998 3,743 5,059 3,267 4,771 3,161 2,326 2,948 3,697 3,669
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 563 -3,468 479 599 38 1,211 1,706 2,330 2,526 2,005 2,165 2,493 3,576
Tax % 2% 24% 31% 13% -1,756% -4% 35% 36% 58% 23% 28% 26% 37%
Net Profit 554 -2,713 341 534 719 1,269 1,120 1,511 1,077 1,557 1,583 1,853 2,264
EPS in Rs 1.62 -7.93 0.53 0.83 1.12 1.98 1.64 2.21 1.58 2.28 2.32 2.71 3.31
Gross NPA %
Net NPA %
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
Revenue 16,461 21,152 25,169 29,394 32,164 32,316 32,817 32,952 34,314 37,479 69,311 68,230 76,028
Interest 10,234 14,230 17,575 21,467 23,640 23,894 23,776 23,471 23,896 25,837 44,112 40,178 44,631
5,167 6,395 7,268 8,829 9,498 10,349 13,871 21,181 19,019 21,166 36,270 32,264 33,798
Financing Profit 1,059 528 325 -902 -973 -1,928 -4,830 -11,700 -8,601 -9,523 -11,071 -4,213 -2,402
Financing Margin % 6% 2% 1% -3% -3% -6% -15% -36% -25% -25% -16% -6% -3%
2,039 2,316 2,868 3,141 3,957 3,934 5,430 5,462 5,042 5,789 14,307 13,524 12,641
Depreciation 156 151 156 198 225 249 241 368 374 417 908 745 0
Profit before tax 2,942 2,694 3,037 2,040 2,759 1,758 359 -6,607 -3,933 -4,151 2,327 8,566 10,239
Tax % 30% 35% 30% 18% 36% 24% -58% 21% 25% 27% -22% 39%
Net Profit 2,205 1,760 2,146 1,687 1,771 1,347 573 -5,212 -2,922 -3,121 2,863 5,265 7,257
EPS in Rs 42.11 32.18 36.14 26.59 27.69 19.73 8.33 -44.61 -16.58 -9.12 4.47 7.70 10.62
Dividend Payout % 19% 25% 22% 15% 22% 10% 0% 0% 0% 0% 0% 25%
Compounded Sales Growth
10 Years: 12%
5 Years: 16%
3 Years: 26%
TTM: 14%
Compounded Profit Growth
10 Years: 12%
5 Years: 57%
3 Years: 56%
TTM: 46%
Stock Price CAGR
10 Years: -11%
5 Years: -11%
3 Years: 13%
1 Year: 59%
Return on Equity
10 Years: 1%
5 Years: -2%
3 Years: 3%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
635 662 708 741 636 687 687 1,169 1,763 3,423 6,407 6,835
Reserves 12,297 14,117 16,722 18,004 19,263 22,361 22,865 24,083 24,969 30,463 58,227 63,922
215,716 240,686 287,478 326,967 352,618 374,754 418,420 455,969 460,780 505,150 977,576 1,085,613
8,026 7,671 8,114 9,411 11,048 9,562 13,708 9,900 11,068 16,473 40,167 37,396
Total Liabilities 236,563 263,025 312,912 355,013 383,566 407,365 455,681 491,120 498,581 555,509 1,082,377 1,193,766
2,288 2,339 2,483 2,621 2,690 3,939 3,896 3,824 3,743 4,734 7,303 7,171
CWIP 14 9 13 2 4 13 21 34 44 54 63 37
Investments 58,913 63,104 81,808 94,636 85,818 90,573 113,441 125,485 128,391 154,251 339,059 351,839
175,348 197,573 228,608 257,753 295,053 312,840 338,322 361,777 366,402 396,470 735,952 834,718
Total Assets 236,563 263,025 312,912 355,013 383,566 407,365 455,681 491,120 498,581 555,509 1,082,377 1,193,766

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
4,489 -3,824 -4,245 2,570 -3,567 81 -6,624 6,097 -7,778 -77 20,527 36,339
-208 -235 -343 -363 -318 -9 -280 -315 -297 -4 -601 -558
75 -370 5,096 4,902 3,168 -2 10,194 10,792 1,758 201 -18,861 -786
Net Cash Flow 4,356 -4,429 507 7,109 -718 70 3,289 16,574 -6,317 121 1,066 34,995

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
ROE % 13% 13% 9% 9% 6% 2% -21% -11% -10% 6% 8%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
86.75 89.07 89.07 89.07 89.07 83.49 83.49 83.49 83.49 83.49 83.49 83.49
1.29 0.83 0.66 0.66 0.66 1.67 1.49 1.19 1.18 1.13 1.43 1.62
6.37 5.02 4.78 4.58 4.37 6.84 6.72 7.02 7.05 6.90 7.05 8.39
5.59 5.08 5.49 5.69 5.90 7.99 8.29 8.30 8.27 8.47 8.02 6.49

* 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.

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