UCO Bank

UCO Bank

NSE: UCOBANK BSE: 532505 SECTOR: Bank - Public  71k   322   68

27.50
+0.30 (1.10%)
NSE: Today, 03:59 PM

Price Summary

Today's High

₹ 28.1

Today's Low

₹ 27.2

52 Week High

₹ 38.15

52 Week Low

₹ 10.55

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 32878.88 Cr.

CASA %

36.79

No. of Shares

1195.6 Cr.

P/E

17.65

P/B

1.43

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  19.2

Net Interest Income

₹ 7343.13 Cr.

Cost To Income %

55.94

Promoter Holding

95.39 %

EPS (TTM)

₹  1.56

CAR %

16.51

ROE

8.5 %

ROCE

9.11%

Profit Growth

100.3 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Index Presence

The company is present in 19 Indices.

NIFTY500

Nifty 500
16006.7
  128.300000000001 (0.808015920999594%)

NIFTYMIDSMALL400

Nifty MidSmallcap 400
11951.45
  132.75 (1.12321998189311%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
10586.5
  96.6499999999996 (0.921366845093119%)

NIFTYSMALL

NIFTY Smallcap 100
10555.55
  140.299999999999 (1.34706320059528%)

NIFTYSMALLCAP250

Nifty Smallcap 250
10239.2
  113.5 (1.12091015929763%)

NIFTYTOTALMCAP

Nifty Total Market index
8933.95
  72.5500000000011 (0.818719389712697%)

NIFTYSMALLCAP50

Nifty Smallcap 50
4811.35
  62.9000000000005 (1.32464277816973%)

NIFTYPSUBANK

Nifty PSU Bank
4096.9
  29.4499999999998 (0.724040860981701%)

NIFTYFULLSMALLCAP100

NIFTY FULL SMALLCAP100
4000.01
  -72.2099999999996 (-1.77323425551663%)

SMLCAP

S&P Bse Small Cap
31533.68
  358.700000000001 (1.15060218162129%)

BSE500

S&P Bse 500
25431.1
  197.509999999998 (0.782726516520227%)

BSEPSU

S&P Bse PSU
10564.32
  114.889999999999 (1.09948580927379%)

MID150

S&P Bse 150 MidCap
9711.62
  110.300000000001 (1.14880037328202%)

LMI250

S&P Bse 250 LargeMidCap
7634.07
  57.5099999999993 (0.759051601254379%)

MSL400

S&P Bse 400 MidSmallCap
7380.29
  81.9799999999996 (1.12327374419556%)

ALLCAP

S&P Bse Allcap
7331.49
  58.4699999999993 (0.803930141811793%)

SML250

S&P Bse 250 SmallCap
4274.21
  45.29 (1.07095901554062%)

FIN

S&P Bse Finance
9199.65
  24.0699999999997 (0.262326741197838%)

S&P MIDSMLCAP

S&P Bse MidSmallCap
7831.22
  27.8800000000001 (0.357282907062872%)

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

ROE%

1 Year8.5%
3 Year4.78%
5 Year-9.71%

ROA%

1 Year0.66%
3 Year0.36%
5 Year-0.38%

Net NPA%

1 Year1.29%
3 Year2.64%
5 Year4.62%

 NIM

1 Year2.62%
3 Year2.55%
5 Year2.43%

CAR %

16.51

Cost of Liabilities %

3.81983341559046

PEG Ratio

0.18

Advances Growth %

26.9462338790684

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 95.39 0
Dec 2022 95.39 0
Sep 2022 95.39 0
Jun 2022 95.39 0
Mar 2022 95.39 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • CASA stands at 36.7871029085341% of total deposits.
  • Good Capital Adequacy Ratio of 16.51%.
  • The company has delivered good Profit growth of 40.3434823290572% over the past 3 years.

 Limitations

  • The bank has a very low ROA track record. Average ROA of 3 years is 0.360040560551079%
  • CASA Growth of -2.6335078258074% YoY, which is very low.
  • Company has a low ROE of 4.78261303381741% over the last 3 years.
  • The Bank has a high NPA ; Average NPA of the last 3 years stands at 2.64333333333333%.
  • High Cost to income ratio of 55.9393850111258%.
  • The company has delivered poor Income growth of 5.26027521669132% over the past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Interest Earned 3772.68 3851.07 4184.89 4627.14 4987.41
Other Income 588.95 -54.48 779.95 823.46 959.53
Interest Expended 2120.3 2201.53 2415.29 2675.28 3015.3
Operating Expenses 1291.76 1155.12 1359.77 1421.43 1574.59
Total Provisions 465.6 246.84 405.77 332.43 450.54
Profit Before Tax 483.97 193.1 784.01 1021.48 906.51
Tax 171.79 69.49 279.49 368.51 325.27
Net Profit 312.18 123.61 504.52 652.97 581.24
Net NPA % 2.7 2.49 1.99 1.66 1.29
Gross NPA % 7.89 7.42 6.58 5.63 4.78
Return on Assets % 0.44 0.17 0.68 0.85 0.73
NPM % 8.27 3.21 12.06 14.11 11.65

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Interest Earned 14330.63 15134.33 14446.15 14981.34 17650.52
Other Income 1513.51 2871.21 3424.17 3100.81 2508.46
Interest Expended 10019.48 10042.06 8966.45 8508.39 10307.39
Operating Expenses 3064.42 3127.89 4754.81 4776.32 5510.92
Total Provisions 9825.09 8548.14 4224.55 3047.07 1435.56
Profit Before Tax -7064.84 -3712.54 -75.49 1750.36 2905.11
Taxes -2743.76 -1275.71 -242.52 820.6 1042.77
Net Profit -4321.08 -2436.83 167.03 929.76 1862.34
Adjusted EPS (Rs.) -7.97 -2.46 0.17 0.78 1.56

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 5423.4 9918.34 9918.34 11955.96 11955.96
Total Reserves 8370.97 9291.28 10088.07 11637.54 13808.55
Deposits 197906.78 193203.44 205919.39 224072.9 249337.74
Borrowings 8323.68 15695.06 15382.63 13508.14 20501.08
Other Liabilities 6862.57 7800.02 9427.67 6609.48 5259.66
Total Liabilities 230484.08 235908.15 253336.11 267784.02 300862.99
Assets
Balance with RBI 8823.01 6776.73 9445.41 10287.55 10300.01
Balance with Banks 15609.09 11029.43 14154.83 15860.44 18428.09
Investments 82231.69 90998.81 93782.95 96873.8 95169.35
Advances 99313.84 101174.25 111354.54 122784.41 155870.18
Net Block 2814.3 2832.4 3151.2 3287.09 3444.5
Other Assets 21684.13 23088.55 21380.14 18642.9 17585.85
Total Assets 230484.08 235908.15 253336.11 267784.02 300862.99
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 95.39 95.39 95.39 95.39 95.39
president of india 90.80 90.80 90.80 84.23 80.50
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 4.61 4.61 4.61 4.61 4.61
life insurance cor... 5.72 5.72 - 9.80 12.12
lic of india - - 5.72 - -
life insurance cor... - - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

UCO Bank informs about presentation3 May 2023, 11:13AM UCO Bank reports 86% rise in Q4 net profit 2 May 2023, 3:47PM UCO Bank - Quaterly Results2 May 2023, 3:05PM UCO Bank - Quaterly Results2 May 2023, 3:05PM UCO Bank - Quaterly Results2 May 2023, 3:05PM Uco Bank informs about allotment18 Mar 2023, 2:08PM UCO Bank raises Rs 500 crore through Debenture18 Mar 2023, 1:00PM UCO Bank reports over 2-fold jump in Q3 net profit25 Jan 2023, 2:59PM UCO Bank - Quaterly Results24 Jan 2023, 1:39PM UCO Bank - Quaterly Results24 Jan 2023, 1:39PM UCO Bank - Quaterly Results24 Jan 2023, 1:39PM UCO Bank gets nod to raise up to Rs 1000 crore via bonds3 Jan 2023, 2:19PM UCO Bank planning to acquire additional shares in PSB Alliance29 Dec 2022, 3:09PM UCO Bank planning to raise Rs 1000 crore via Bonds 28 Dec 2022, 12:58PM UCO Bank informs about strike 18 Nov 2022, 12:51PM UCO Bank reports over 2-fold jump in Q2 standalone net profit4 Nov 2022, 4:14PM UCO Bank - Quaterly Results3 Nov 2022, 2:09PM UCO Bank - Quaterly Results3 Nov 2022, 2:09PM UCO Bank - Quaterly Results3 Nov 2022, 2:09PM UCO Bank in process of opening special Vostro account with Gazprombank 29 Sep 2022, 9:39AM UCO Bank partners with Mahindra & Mahindra14 Sep 2022, 10:11AM UCO Bank reports 21% rise in Q1 net profit6 Aug 2022, 10:33AM UCO Bank - Quaterly Results5 Aug 2022, 12:55PM UCO Bank - Quaterly Results5 Aug 2022, 12:55PM UCO Bank - Quaterly Results5 Aug 2022, 12:55PM UCO Bank’s shareholders approves equity capital raising plan for FY2313 Jul 2022, 9:15AM UCO Bank informs about minutes of 19th AGM12 Jul 2022, 1:18PM UCO Bank informs about compliances-certificate 12 Jul 2022, 1:16PM UCO Bank inks co-lending agreement with Paisalo Digital25 May 2022, 9:25AM UCO Bank board to consider dividend 19 May 2022, 12:32PM UCO Bank reports above 4-fold jump in Q4 consolidated net profit16 May 2022, 12:30PM UCO Bank - Quaterly Results13 May 2022, 3:24PM UCO Bank - Quaterly Results13 May 2022, 3:24PM UCO Bank raises Rs 100 crore through bond31 Mar 2022, 5:14PM UCO Bank informs about strike notice25 Mar 2022, 2:52PM UCO Bank raises Rs 400 crore through bonds22 Mar 2022, 5:37PM UCO Bank inks pact to acquire 3% stake in IDRCL11 Mar 2022, 10:14AM UCO Bank extends partnership with Fisdom3 Mar 2022, 9:20AM UCO Bank reports above 8-fold jump in Q3 net profit1 Feb 2022, 2:09PM UCO Bank - Quaterly Results31 Jan 2022, 4:22PM UCO Bank - Quaterly Results31 Jan 2022, 4:22PM UCO Bank informs about disclosure29 Jan 2022, 3:49PM UCO Bank informs about board meeting24 Jan 2022, 12:52PM UCO Bank launches RuPay Select Contactless Debit Card13 Jan 2022, 12:05PM UCO Bank informs about newly appointed MD & CEO3 Jan 2022, 4:28PM Uco Bank informs about strike14 Dec 2021, 3:12PM UCO Bank enters into co-lending agreement with Aadhar Housing Finance10 Nov 2021, 5:51PM UCO Bank reports above 6-fold jump in Q2 net profit28 Oct 2021, 4:20PM UCO Bank informs about financial results review28 Oct 2021, 1:13PM UCO Bank informs about board meeting19 Oct 2021, 4:02PM

UCO Bank Stock Price Analysis and Quick Research Report. Is UCO Bank an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how UCO Bank is performing and if it is the right time to buy the stock of UCO Bank with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. UCO Bank has earned Rs 17650.5183 Cr. revenue in the latest financial year. It has posted Poor revenue growth of 5.26027521669132 % in last 3 Years.

  • In terms of advances, the bank reported 26.9462338790684 % YOY,  rise . If you see 3 years advance growth, it stands at 15.4953082753846 %.

  • Currently the company has a CASA ratio of 36.7871029085341 %. It’s overall cost of liability stands at 3.81983341559046 %. Also, the total deposits from these accounts stood at Rs 249337.737 Cr.

  • The Bank has a Poor ROA track record. The ROA of UCO Bank is at 0.655006565688354 %.

  • The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 4.78 % and 1.29 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -52.8871865177245 % which means it has decreased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of UCO Bank decreased and is currently at Rs 2508.4581 Cr.

  • The company has a Good Capital Adequacy Ratio of 16.51 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently UCO Bank is trading at a P/B of 1.4397 . The historical average PB was 0.800151530176116.

Brief about UCO Bank

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