UCO Bank
UCOBANK NSE
UCO Bank
Financial ServicesNSE: UCOBANK BSE: 532505 Banks
Key Fundamentals
SmallcapPublic Sector BankBanksMarket Cap
₹32,477 Cr
Volatility
Moderate
P/E Ratio
11.48
EBITDA
₹4,145 Cr
Return on Equity
7.92%
Debt to Equity
0
Book Value
₹24.63
EPS
₹1.67
52W High
₹34.2
52W Low
₹22.22
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view UCO Bank insights
57 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Stock is trading at 0.95 times its book value
- Company has been maintaining a healthy dividend payout of 20.1%
- Company's working capital requirements have reduced from 274 days to 129 days
Weaknesses
4- Company has low interest coverage ratio.
- Company has a low return on equity of 7.81% over last 3 years.
- Contingent liabilities of Rs.1,02,132 Cr.
- Company might be capitalizing the interest cost
Growth Rate
Revenue Growth
17.33% ↗
Net Income Growth
47.85% ↗
Cash Flow Change
90.92% ↗
ROE
30.26% ↗
ROCE
5.56% ↗
EBITDA Margin (Avg.)
0.51% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 6d agoAI opinion · based on fundamentals
Risk high
UCO Bank is a public sector bank with a market cap of Rs.32,490 Cr trading at a P/B of 1.06 and P/E of 11.6. The bank has shown strong profit compounding at 110% CAGR over 5 years from a low base, but carries contingent liabilities of Rs.1,02,132 Cr and a 3-year ROE of only 7.81%.
Bull Case 8
- Trading near book value at 0.96x P/B, indicating limited downside from asset value perspective
- Strong 5-year compounded profit growth of 110% CAGR reflecting turnaround from earlier losses
- Reasonable valuation with P/E of 11.6x, below many private sector banking peers
- TTM profit growth of 13% indicates continued earnings momentum
- 3-year compounded sales growth of 14% shows healthy loan book expansion
- Healthy dividend payout ratio of 20.1% with current yield of 1.69%
- Working capital days reduced significantly from 274 days to 129 days, indicating improved operational efficiency
- ROE improved to 9% in the last year from 8% over 3 years, showing upward trajectory
Bear Case 8
- Contingent liabilities of Rs.1,02,132 Cr represent a significant risk relative to Rs.32,490 Cr market cap
- Low interest coverage ratio indicates vulnerability to rate fluctuations and asset quality stress
- 3-year ROE of only 7.81% is below cost of equity for most investors
- 10-year ROE of -2% reflects a prolonged period of value destruction for shareholders
- Stock CAGR of -7% over 1 year and -6% over 3 years shows sustained underperformance
- 10-year stock CAGR of -5% indicates long-term wealth erosion despite recent profit recovery
- Possible capitalization of interest costs raises concerns about reported earnings quality
- TTM sales growth decelerated to 5% from 14% 3-year CAGR, suggesting slowing revenue momentum
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 1d ago Headwinds 1
- ₹1,237 crore DTA charge impact Jul 30
Q1FY27 net profit fell 8% YoY to ₹656 crore, dragged down by a one-time ₹1,237 crore Deferred Tax Asset charge.
Positives 2
- Strong operating profit surge Jul 30
Operating profit rose 79.8% to ₹2,810 crore in Q1FY27 on robust credit growth of 21.18% and improved asset quality. Management targets ROA near 1% by year-end.
- Foreign currency fund raising planned Aug 19
Board meeting on Aug 24, 2026 to approve debt issuance under Medium Term Note Programme for foreign currency fund raising, potentially diversifying funding sources.
Neutral 1
- TBLR and G-Sec rate revision Aug 7
ALCO revised benchmark rates effective Aug 7, 2026. TBLR (3-month) cut to 5.25% while G-Sec linked rates rose, affecting loan pricing in both directions.
TL;DR: UCO Bank's underlying operations are strong with 21% credit growth and nearly 80% jump in operating profit, though headline net profit was dented by a large one-time DTA charge. Rate revisions reflect the broader monetary policy environment. The bank is actively exploring foreign currency fundraising to diversify its liability base. Trend is constructive if management delivers on its ~1% ROA target by FY27-end.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,224 | 5,219 | 5,552 | 5,860 | 6,024 | 6,078 | 6,220 | 6,745 | 6,436 | 6,537 | 6,652 | 6,656 | 6,996 |
| Expenses | 2,295 | 1,924 | 2,072 | 2,507 | 2,227 | 2,355 | 2,567 | 3,055 | 2,454 | 2,392 | 2,360 | 2,076 | 1,920 |
| Financing Profit | -286 | -7 | -84 | -319 | 27 | -54 | -190 | -356 | -51 | 141 | 286 | 538 | 889 |
| Fin. Margin % | -5% | 0% | -2% | -5% | 0% | -1% | -3% | -5% | -1% | 2% | 4% | 8% | 13% |
| Other Income | 633 | 647 | 861 | 1,125 | 835 | 993 | 1,186 | 1,392 | 997 | 884 | 869 | 709 | 1,686 |
| Interest | 3,215 | 3,302 | 3,564 | 3,672 | 3,770 | 3,778 | 3,842 | 4,046 | 4,033 | 4,004 | 4,006 | 4,042 | 4,188 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 347 | 640 | 777 | 806 | 862 | 939 | 996 | 1,036 | 946 | 1,025 | 1,155 | 1,247 | 2,575 |
| Tax % | 36% | 37% | 35% | 35% | 36% | 36% | 36% | 37% | 36% | 40% | 36% | 36% | 75% |
| Net Profit | 223 | 402 | 503 | 526 | 551 | 603 | 639 | 652 | 607 | 620 | 740 | 801 | 656 |
| EPS in Rs | 0.19 | 0.34 | 0.42 | 0.44 | 0.46 | 0.5 | 0.53 | 0.52 | 0.48 | 0.49 | 0.59 | 0.64 | 0.52 |
| Gross NPA % | 4.48% | 4.14% | 3.85% | 3.46% | 3.32% | 3.18% | 2.91% | 2.69% | 2.63% | 2.56% | 2.41% | 2.17% | 2.08% |
| Net NPA % | 1.18% | 1.11% | 0.98% | 0.89% | 0.78% | 0.73% | 0.63% | 0.5% | 0.45% | 0.43% | 0.36% | 0.27% | 0.25% |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 19,359 | 18,561 | 16,326 | 14,020 | 14,331 | 15,134 | 14,446 | 14,981 | 17,651 | 21,854 | 25,067 | 26,281 | 26,841 |
| Expenses | 5,849 | 10,768 | 6,789 | 8,521 | 12,753 | 11,539 | 8,845 | 7,658 | 6,729 | 8,517 | 9,892 | 8,910 | 8,748 |
| Financing Profit | -286 | -5,920 | -2,972 | -5,396 | -8,441 | -6,446 | -3,365 | -1,185 | 614 | -416 | -262 | 1,286 | 1,854 |
| Fin. Margin % | -1% | -32% | -18% | -38% | -59% | -43% | -23% | -8% | 3% | -2% | -1% | 5% | 7% |
| Other Income | 2,004 | 1,596 | 2,114 | 1,121 | 1,514 | 2,871 | 3,424 | 3,101 | 2,508 | 3,266 | 4,407 | 3,460 | 4,149 |
| Interest | 13,797 | 13,713 | 12,509 | 10,895 | 10,019 | 10,042 | 8,966 | 8,508 | 10,307 | 13,754 | 15,437 | 16,085 | 16,240 |
| Depreciation | 136 | 137 | 153 | 152 | 137 | 137 | 134 | 165 | 218 | 281 | 311 | 372 | 0 |
| PBT | 1,582 | -4,460 | -1,011 | -4,427 | -7,065 | -3,713 | -75 | 1,750 | 2,905 | 2,569 | 3,834 | 4,373 | 6,002 |
| Tax % | 28% | -37% | 83% | 0% | -39% | -34% | -321% | 47% | 36% | 36% | 36% | 37% | — |
| Net Profit | 1,138 | -2,799 | -1,851 | -4,436 | -4,321 | -2,437 | 167 | 930 | 1,862 | 1,654 | 2,445 | 2,768 | 2,817 |
| EPS in Rs | 10.58 | -26.03 | -11.87 | -19.22 | -7.97 | -2.46 | 0.17 | 0.78 | 1.56 | 1.38 | 1.95 | 2.21 | 2.24 |
| Div. Payout % | 19% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 20% | 20% | 20% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,076 | 1,076 | 1,560 | 2,308 | 5,423 | 9,918 | 9,918 | 11,956 | 11,956 | 11,956 | 12,540 | 12,540 |
| Reserves | 11,473 | 11,446 | 11,194 | 12,649 | 11,968 | 9,291 | 12,688 | 11,638 | 13,809 | 15,401 | 18,465 | 20,710 |
| Borrowing | 8,633 | 17,240 | 9,535 | 12,449 | 8,324 | 15,695 | 15,383 | 13,508 | 20,501 | 25,331 | 28,687 | 23,310 |
| Deposits | 2,15,957 | 2,07,118 | 2,01,285 | 1,81,849 | 1,97,907 | 1,93,203 | 2,05,919 | 2,24,073 | 2,49,338 | 2,63,130 | 2,93,542 | 3,27,563 |
| Other Liabilities | 8,779 | 8,002 | 7,767 | 6,800 | 6,863 | 7,800 | 9,428 | 6,609 | 5,260 | 7,873 | 9,247 | 11,737 |
| Total Liabilities | 2,45,917 | 2,44,883 | 2,31,340 | 2,16,056 | 2,30,484 | 2,35,908 | 2,53,336 | 2,67,784 | 3,00,863 | 3,23,691 | 3,62,481 | 3,95,858 |
| Fixed Assets | 1,066 | 2,878 | 2,843 | 2,867 | 2,814 | 2,832 | 3,151 | 3,287 | 3,444 | 3,717 | 3,791 | 4,126 |
| CWIP | 48 | 6 | 6 | 8 | 8 | 8 | 67 | 48 | 65 | 65 | 61 | 74 |
| Investments | 64,223 | 83,974 | 74,019 | 70,962 | 82,232 | 90,999 | 93,783 | 96,874 | 95,169 | 92,904 | 94,272 | 98,777 |
| Other Assets | 1,80,580 | 1,58,024 | 1,54,471 | 1,42,219 | 1,45,430 | 1,42,069 | 1,56,335 | 1,67,575 | 2,02,184 | 2,27,006 | 2,64,357 | 2,92,881 |
| Total Assets | 2,45,917 | 2,44,883 | 2,31,340 | 2,16,056 | 2,30,484 | 2,35,908 | 2,53,336 | 2,67,784 | 3,00,863 | 3,23,691 | 3,62,481 | 3,95,858 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 7,861 | -2,978 | -3,852 | -9,082 | 4,190 | -10,658 | 2,422 | 4,399 | 2,983 | 1,002 | 1,913 | -10,584 |
| Investing | -151 | -52 | -217 | -24 | 44 | -250 | 106 | -214 | -67 | -275 | -680 | -681 |
| Financing | -553 | -579 | 3,609 | 5,754 | 5,450 | 4,283 | 3,266 | -1,637 | -336 | -430 | 5,870 | -977 |
| Net Cash Flow | 7,157 | -3,610 | -459 | -3,352 | 9,684 | -6,626 | 5,794 | 2,548 | 2,580 | 297 | 7,102 | -12,242 |
| Free Cash Flow | 7,688 | -3,122 | -3,991 | -9,187 | 4,139 | -10,782 | 2,258 | 4,189 | 2,701 | 703 | 1,576 | -11,015 |
| CFO/OP | 58 | -38 | -40 | -165 | 266 | -296 | 43 | 60 | 27 | 8 | 13 | -61 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 10% | -22% | -15% | -32% | -27% | -13% | 0% | 4% | 8% | 6% | 8% | 9% |
Documents
1
Clarification sought from UCO Bank
18 Jun - Exchange has sought clarification from UCO Bank on June 18, 2026, with reference to Movement in Volume. 18 Jun - Exchange has sought clarification from UCO Bank on June 18, 2026, with reference to Movement in Volume.
2
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2 May - Transcript of Post Earnings Call held on 27.04.2026 2 May - Transcript of Post Earnings Call held on 27.04.2026
3
Announcement under Regulation 30 (LODR)-Change in Directorate
8 May - Shri Subhash Shankar Malik ceased as part-time non-official director on 7 May 2026. 8 May - Shri Subhash Shankar Malik ceased as part-time non-official director on 7 May 2026.
4
Compliances-Reg.24(A)-Annual Secretarial Compliance
8 May - UCO Bank filed FY26 secretarial compliance report; noted noncompliance on women director and audit committee composition. 8 May - UCO Bank filed FY26 secretarial compliance report; noted noncompliance on women director and audit committee composition.
5
Announcement under Regulation 30 (LODR)-Interest Rates Updates
7 May - UCO Bank revises select benchmark rates, effective 10 May 2026; MCLR unchanged. 7 May - UCO Bank revises select benchmark rates, effective 10 May 2026; MCLR unchanged.
Frequently Asked Questions about UCO Bank
What does UCO Bank do?
UCO Bank is engaged in providing wide range of banking and financial services including Retail Banking, Corporate Banking and Treasury Operations.[1]
Where is UCO Bank (UCOBANK) listed?
UCO Bank is listed on the Indian stock exchanges. It is listed on NSE: UCOBANK and BSE: 532505. You can view its live share price, financials, and ratios on Tapetide.
Which sector does UCO Bank belong to?
UCO Bank operates in the Financial Services sector within the Banks industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of UCO Bank?
UCO Bank has a market capitalisation of approximately ₹32477.46 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of UCO Bank?
The Price-to-Earnings (PE) ratio of UCO Bank is 11.48. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of UCO Bank?
Over the past 52 weeks, UCO Bank has traded between a low of ₹22.22 and a high of ₹34.2. This range helps investors understand the stock's price volatility and recent trading levels.
Does UCO Bank pay dividends?
Yes, UCO Bank has a dividend yield of 1.70%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of UCO Bank?
UCO Bank has a Return on Equity (ROE) of 7.92%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research UCO Bank on Tapetide?
On Tapetide, you can view UCO Bank's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
UCO Bank is engaged in providing wide range of banking and financial services including Retail Banking, Corporate Banking and Treasury Operations.[1]
Website ucobank.com
CEO Mr. Ashwani Kumar
Employees 21,049
Listed 2003-10-09
Face Value ₹ 10
Issued Size 12,53,95,58,979