| Margins | NIM reached 3.05%; guidance remains conservative at 2.8-2.9%. |
|---|---|
| Order book | Advances reached Rs 2,72,768 Cr; Deposits reached Rs 3,32,315 Cr. |
| Demand visibility | Strong credit pipeline of Rs 15,000 Cr for disbursement. |
| Management confidence | High; citing strong pipeline and diversified RAM sector growth. |
Growth
Global advances grew 21.18% YoY; Net Profit rose 8% to Rs 656 Cr, impacted by one-time DTA charge.
Outlook
Guidance maintained: Credit growth 12-14%, NIM 2.8-2.9%, ROA targeting near 1% by FY27 end.
Risks
Normalization of recovery from written-off accounts may increase cost-to-income ratio; potential competition from private banks and NBFCs.
Last quarter's promises, checked
Delivered
- Credit growth 12-14% → delivered 19.44% (= BEAT)
- NIM Global 2.8-2.9% → delivered 3.03% (= BEAT)
- Gross NPA < 2.5% → delivered 2.17% (= BEAT)
Partly delivered
- CASA 37-38% → delivered 38.65% (= BEAT)
Missed
- Deposit growth 10-12% → delivered 11.59% (= BEAT)
- Net slippage ratio 1-1.25% → delivered 0.78% (= BEAT)
Earnings Call Transcript filed with NSE, NSE: UCOBANK. Summary written with AI assistance from the document.
UCO Bank: key numbers
- Share price
- ₹23.26
- Market cap
- ₹29,167 Cr
- Revenue (annual)
- ₹26,281 Cr
- Net profit (annual)
- ₹2,768 Cr
- P/E (TTM)
- 10.3×Sector 21.9×
- Promoter holding
- 90.95%+0.00% QoQ
- FII holding
- 0.06%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from UCO Bank
All →UCO Bank Management Change
UCO Bank announced the tenure extension of Executive Director Shri Vijaykumar Nivrutti Kamble until 31st March 2027, or until further orders.
UCO Bank Adverse Business Impact
UCO Bank disclosed a UFBU strike notice for September–October 2026 that may affect branch operations. The bank has taken steps to ensure continuity.
UCO Bank Other Announcement
UCO Bank revised its TBLR (6M/12M) and G-Sec linked rates effective 07 Sep 2026. MCLR, Base Rate and BPLR remain unchanged.
UCO Bank Management Change
UCO Bank extended the additional charge of Shri Rajendra Kumar Saboo as MD & CEO until November 30, 2026, or until a regular appointment is made.
UCO Bank Fund Raise of ₹9,500 Cr
UCO Bank's board approved raising foreign currency funds up to USD 1.00 Billion through the issuance of debt instruments under a Medium Term Note programme.
- Value
- ₹9,500 Cr
UCO Bank Board Meeting Date
UCO Bank has scheduled a board meeting for August 24, 2026, to consider raising foreign currency funds via a Medium Term Note (MTN) Programme.