āagman

Not investment advice. Data and computed figures, for information only.

Union Bank of India

NSE: UNIONBANKF&O
₹172.68
−₹1.32 (−0.76%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹1,32,107 Cr
CMP
₹172.68
52-wk High / Low
₹205 / 136
P/E
6.4
P/B
1.0
Book Value
₹183.0
Div Yield
2.89%
ROCE
6.3%
ROE
16.0%
Face Value
₹10
D/E
10.39

Price+24.0% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹324
√(22.5 × EPS × book value per share)
Cash flow to profit
−0.02
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Sustainable growth
13.0%
ROE × earnings retention ratio
ROE stability
3.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.74DII +0.46
Latest quarter vs the previous one
Cash-accrual divergence
1.3%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 7.0pp over the last year
+PE of 6.4x is below the sector median of 20.4x
Watch-outs
−Latest ROCE of 6.3% trails the sector median of 9.4%
−Borrowings are up 153.9% since FY2016 (30637 to 77798)
−Price trades below its 200-day moving average (1.0x)
−Promoter holding fell by 8.7pp over the last year
−Piotroski F-Score of 3/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales23,61324,73225,52126,51026,52726,88726,72027,86927,09926,20526,81926,67627,427
Expenses7,9787,9628,0129,3659,3678,6868,0969,6738,8449,0567,9948,7448,388
Operating Profit—————————————
OPM %—————————————
Other Income4,2094,2214,2815,1024,7995,9264,6146,2234,8695,5505,1835,9995,233
Interest14,66415,49816,23616,96617,00417,72017,35018,24517,85517,24717,37017,00517,206
Depreciation0000000000000
Profit before tax5,1805,4925,5545,2814,9546,4065,8896,1755,2695,4536,6386,9267,067
Net Profit3,2723,5723,6253,3283,6424,7514,6235,0114,4284,4265,0735,5045,642
EPS (₹)4.794.824.894.364.776.226.066.565.805.806.657.217.39

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales32,16432,31632,81732,95234,31437,47969,31168,23081,1631,00,3761,06,6001,06,7991,07,127
Expenses9,49810,34913,87121,18119,01921,16636,27032,26436,15532,42234,73833,43434,181
Operating Profit—————————————
OPM %—————————————
Other Income3,9573,9345,4305,4625,0425,78914,30713,52415,91517,81321,56221,60121,965
Interest23,64023,89423,77623,47123,89625,83744,11240,17848,03363,36468,91669,47768,828
Depreciation2252492413683744179087457458961,0841,2040
Profit before tax2,7591,758359−6,607−3,933−4,1512,3278,56612,14721,50723,42424,28426,083
Net Profit1,7711,347573−5,212−2,922−3,1212,8635,2658,51213,79718,02719,43020,644
EPS (₹)27.6919.738.33−44.61−16.58−9.124.477.7012.4518.0723.6225.4527.05

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital6366876871,1691,7633,4236,4076,8356,8357,6347,6347,634—
Reserves19,26322,36123,40624,08325,07330,56758,33164,02671,96989,9641,06,2001,25,918—
Other Liabilities11,0489,56213,1679,90010,96416,36940,06337,29246,49552,83157,71466,395—
Total Liabilities3,83,5664,07,3654,55,6814,91,1204,98,5815,55,50910,82,37711,93,76612,88,35714,01,99615,11,32915,87,503—
Fixed Assets2,6903,9393,8963,8243,7434,7347,3037,1718,8269,2249,76511,596—
CWIP41321344454633722365964—
Investments85,81890,5731,13,4411,25,4851,28,3911,54,2513,39,0593,51,8393,43,7273,43,9533,61,9033,43,623—
Other Assets2,95,0533,12,8403,38,3223,61,7773,66,4023,96,4707,35,9528,34,7189,35,78210,48,78311,39,60212,32,220—
Total Assets3,83,5664,07,3654,55,6814,91,1204,98,5815,55,50910,82,37711,93,76612,88,35714,01,99615,11,32915,87,503—
Deposits3,25,9903,44,1183,77,1954,10,2884,17,5054,52,4369,25,65410,34,36811,20,32212,24,59312,74,78913,09,759—
Borrowing26,62830,63741,22645,68043,27652,71451,92251,24542,73726,97464,99277,798—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity−3,56781−6,6246,097−7,778−7,68120,52736,3396,05619,930−204−358
Cash from Investing Activity−318−9−280−315−297−377−601−558−2,561−1,394−19−71
Cash from Financing Activity3,168−210,19410,7921,75820,144−18,861−786−10,654−11,48933877
Net Cash Flow−718703,28916,574−6,31712,0861,06634,995−7,1597,047115−351

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %———————————6.3
ROE %9.06.02.0−21.0−11.0−10.06.08.011.016.017.016.0
EPS (₹)27.6919.738.33−44.61−16.58−9.124.477.7012.4518.0723.6225.45
Book Value (₹)———————————183.0
Face Value (₹)———————————10
P/E———————————6.4
Div Yield %———————————2.89
NPM %4.93.71.5−13.6−7.4−7.23.46.48.811.714.115.1
OPM %————————————
D/E17.7216.2617.3718.0617.1714.8615.1015.3214.7612.8211.7710.39
P/B———————————1.0

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+13.0%
5 years+9.0%
3 years+10.0%
TTM−1.0%
Compounded profit growth
10 years+30.0%
5 years+47.0%
3 years+32.0%
TTM+10.0%
Stock price CAGR
10 years+2.0%
5 years+34.0%
3 years+19.0%
Last year+24.0%
Return on equity
10 years9.0%
5 years14.0%
3 years16.0%
Last year16.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters63.44%63.44%67.43%74.27%86.75%89.07%83.49%83.49%74.76%74.76%74.76%74.76%
FIIs5.02%5.02%5.01%3.15%1.29%0.66%1.18%1.66%6.75%7.11%9.37%8.63%
DIIs20.80%20.80%19.89%13.15%6.37%4.37%7.05%8.27%12.24%11.63%11.51%11.97%
Government————————————
Public10.74%10.74%7.68%9.42%5.59%5.90%8.27%6.57%6.25%6.50%4.36%4.64%
No. of shareholders2,37,1052,37,1052,42,3782,70,9162,99,5466,31,8877,61,8097,83,5509,14,94010,41,2119,07,9109,15,787
Change since Jun 2023 (pp)
Promoters +11.32FIIs +3.61DIIs −8.83Public −6.10

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Credit RatingStatement Of Debt Securities For The Half Year Ended On 30Th September 2026.Announcement under Regulation 30 (LODR)-Credit RatingCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Union Bank Of India Inform The Exchange About Provisional Financial Figures For Qtr 30.09.2026
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026PPTJul 2026TranscriptJul 2026PPTJul 2026RecordingApr 2026TranscriptApr 2026PPTApr 2026RecordingJan 2026TranscriptJan 2026PPTJan 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025Recording

Corporate actions

As of 3 Jul 2026
3 Jul 2026DIVIDENDDividend - Rs 5 Per Share—
25 Jul 2025DIVIDENDDividend - Rs 4.75 Per Share—
19 Jul 2024DIVIDENDAnnual General Meeting/Dividend - Rs 3.60 Per Share—
28 Jul 2023DIVIDENDAnnual General Meeting/Dividend - Rs 3 Per Share—
22 Jun 2022DIVIDENDAnnual General Meeting/Dividend - Rs 1.90 Per Share—
17 Jun 2016DIVIDEND Annual General Meeting/ Dividend - Rs 1.95/- Per Share—
18 Jun 2015DIVIDENDAnnual General Meeting/ Dividend - Rs 6/- Per Share—
19 Jun 2014DIVIDENDAnnual General Meeting And Dividend Rs.1.30/- Per Share—
20 Jan 2014DIVIDENDInterim Dividend - Rs 2.70/- Per Share—
20 Jun 2013DIVIDENDAnnual General Meeting And Dividend Rs.8/- Per Share—
21 Jun 2012DIVIDENDAnnual General Meeting And Dividend - Rs.8/- Per Share—
16 Jun 2011DIVIDENDAnnual General Meeting And Dividend Rs.8/- Per Share—
24 Jun 2010DIVIDENDAnnual General Meeting And Dividend Rs.5.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman