MarketFriction

Union Bank of India

NSE UNIONBANK · BSE 532477 · Public Sector Bank
₹167.59 -1.99%
NSE close2026-10-01
52 week range135.29 - 205.49
Market cap₹1,26,718 Cr.
P/E6.14
Nifty Next 50Nifty 100Nifty 200Nifty 500Nifty BankNifty PSU Bank No price band Delivery 45.2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue24,73225,52126,51026,52726,88726,72027,86927,09926,20526,81926,67627,427
Interest15,49816,23616,96617,00417,72017,35018,24517,85517,24717,37017,00517,206
Expenses7,9628,0129,3659,3678,6868,0969,6738,8449,0567,9948,7448,388
Financing Profit1,2711,2731791564801,274-49400-981,4559271,834
Financing Margin %5%5%1%1%2%5%-0%1%-0%5%3%7%
Other Income4,2214,2815,1024,7995,9264,6146,2234,8695,5505,1835,9995,233
Depreciation000000000000
Profit before tax5,4925,5545,2814,9546,4065,8896,1755,2695,4536,6386,9267,067
Tax %35%35%37%27%26%22%19%21%21%24%23%24%
Net Profit3,5723,6253,3283,6424,7514,6235,0114,4284,4265,0735,5045,642
EPS in Rs4.824.894.364.776.226.066.565.805.806.657.217.39
Gross NPA %
Net NPA %
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue32,31632,81732,95234,31437,47969,31168,23081,163100,376106,600106,799107,127
Interest23,89423,77623,47123,89625,83744,11240,17848,03363,36468,91669,47768,828
Expenses10,34913,87121,18119,01921,16636,27032,26436,15532,42234,73833,43434,181
Financing Profit-1,928-4,830-11,700-8,601-9,523-11,071-4,213-3,0244,5902,9463,8884,118
Financing Margin %-6%-15%-36%-25%-25%-16%-6%-4%5%3%4%4%
Other Income3,9345,4305,4625,0425,78914,30713,52415,91517,81321,56221,60121,965
Depreciation2492413683744179087457458961,0841,2040
Profit before tax1,758359-6,607-3,933-4,1512,3278,56612,14721,50723,42424,28426,083
Tax %24%-58%-21%-25%-27%-22%39%31%36%23%23%
Net Profit1,347573-5,212-2,922-3,1212,8635,2658,51213,79718,02719,43020,644
EPS in Rs19.738.33-44.61-16.58-9.124.477.7012.4518.0723.6225.4527.05
Dividend Payout %10%0%0%0%0%0%25%24%20%20%20%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth13%9%10%-1%
Compounded Profit Growth30%47%32%10%
Stock Price CAGR2%35%16%20%
Return on Equity9%14%16%16%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6366876871,1691,7633,4236,4076,8356,8357,6347,6347,634
Reserves19,26322,36123,40624,08325,07330,56758,33164,02671,96989,964106,200125,918
Deposits325,990344,118377,195410,288417,505452,436925,6541,034,3681,120,3221,224,5931,274,7891,309,759
Borrowing26,62830,63741,22645,68043,27652,71451,92251,24542,73726,97464,99277,798
Other Liabilities11,0489,56213,1679,90010,96416,36940,06337,29246,49552,83157,71466,395
Total Liabilities383,566407,365455,681491,120498,581555,5091,082,3771,193,7661,288,3571,401,9961,511,3291,587,503
Fixed Assets2,6903,9393,8963,8243,7434,7347,3037,1718,8269,2249,76511,596
CWIP41321344454633722365964
Investments85,81890,573113,441125,485128,391154,251339,059351,839343,727343,953361,903343,623
Other Assets295,053312,840338,322361,777366,402396,470735,952834,718935,7821,048,7831,139,6021,232,220
Total Assets383,566407,365455,681491,120498,581555,5091,082,3771,193,7661,288,3571,401,9961,511,3291,587,503
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
Free Cash Flow-3,90972-6,9115,782-8,076-8,05819,92635,8973,67318,624-220-388
CFO/OP-13%0%-27%74%-45%-55%63%103%21%34%-0%-0%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %9%6%2%-21%-11%-10%6%8%11%16%17%16%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters76.99%76.99%74.76%74.76%74.76%74.76%74.76%74.76%74.76%74.76%74.76%74.76%
FIIs2.89%3.97%6.75%7.37%6.89%6.46%7.11%7.70%7.86%8.14%9.37%8.63%
DIIs12.69%12.28%12.24%11.38%11.22%11.94%11.63%11.93%11.70%11.91%11.51%11.97%
Public7.42%6.76%6.25%6.50%7.12%6.85%6.50%5.60%5.67%5.21%4.36%4.64%
No. of Shareholders8,65,2518,74,3099,14,9409,84,22910,19,06110,22,30010,41,2119,61,1739,55,8399,20,6039,07,9109,15,787

Fundamentals

Market Cap₹ 1,26,718 Cr.
Current Price₹ 166
Stock P/E6.14
Book Value₹ 183
ROCE6.30 %
ROE15.7 %
Dividend Yield3.01 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)10%
Consolidated figures.
Valuation
Market capRs 127,932 Cr
Enterprise valueRs 1,449,012 Cr
P/E (TTM)6.20x
Price to book0.96x
Price to sales1.19x
EV / EBITDA15.08x
EV / EBIT15.27x
EV / sales13.53x
Earnings yield16.14%
Dividend yield2.98%
P/E, 3-year average6.76x
P/B, 3-year average1.00x
P/E, 5-year average6.13x
P/B, 5-year average0.79x
Profitability
Operating margin (excl. other income)68.69%
Operating margin (incl. other income)88.92%
EBITDA margin89.72%
Pre-tax margin24.35%
Net profit margin19.27%
Net margin, latest quarter20.57%
ROE15.71%
ROCE6.30%
ROA1.25%
ROE, 3-year average16.13%
ROCE, 3-year average6.48%
ROA, 3-year average1.17%
ROE, 5-year average13.51%
ROCE, 5-year average5.78%
ROA, 5-year average0.93%
ROIC (approx.)5.05%
Tax rate22.66%
Other income / net worth16.17%
Growth
Sales growth (latest year)0.19%
Profit growth (latest year)7.78%
Sales CAGR, 3 years9.58%
Sales CAGR, 5 years9.03%
Profit CAGR, 3 years31.67%
Profit CAGR, 5 years46.66%
Sales growth QoQ2.82%
Profit growth QoQ2.51%
Sales growth YoY (latest quarter)1.21%
Profit growth YoY (latest quarter)27.41%
Per share
EPS (TTM)Rs 27.04
EPS (latest year)Rs 25.45
EPS (latest quarter)Rs 7.39
EPS, 3-year averageRs 22.38
EPS, 5-year averageRs 17.46
Book value per shareRs 174.95
Sales per shareRs 140.34
Cash flow per shareRs -0.47
Free cash flow per shareRs -0.51
Dividend per share (latest year)Rs 5.00
Dividend per share, 3-year averageRs 4.45
Dividend per share, 5-year averageRs 3.65
Dividends
Dividend payout19.64%
Dividend payout, 3-year average19.89%
Dividend payout, 5-year average21.69%
Efficiency
Asset turnover0.07x
Fixed asset turnover9.21x
Leverage
Total debtRs 1,387,557 Cr
Cash and bankRs 66,477 Cr
Net debtRs 1,321,080 Cr
Debt to equity10.39x
Net debt / EBITDA13.74x
Interest coverage1.38x
Owners' fund to total sources8.41%
Debt to assets87.41%
Cash flow
Cash from Operating Activity (latest year)Rs -358 Cr
Cash from Investing Activity (latest year)Rs -71 Cr
Cash from Financing Activity (latest year)Rs 77 Cr
Net Cash Flow (latest year)Rs -351 Cr
Free cash flow (latest year)Rs -388 Cr
FCFE (approx.: FCF + change in debt)Rs 47,387 Cr
Cash from ops / profit, 5 years0.95x
Statement figures
Net sales (TTM)Rs 107,127 Cr
Net sales (latest year)Rs 106,799 Cr
Sales (latest quarter)Rs 27,427 Cr
Operating profit excl. other income (latest year)Rs 73,365 Cr
Operating profit (latest quarter)Rs 19,039 Cr
Other income (TTM)Rs 21,965 Cr
EBITDA (TTM)Rs 96,115 Cr
PBDT (TTM)Rs 27,287 Cr
Profit before tax (TTM)Rs 26,083 Cr
Tax (latest year)Rs 5,504 Cr
Net profit (TTM)Rs 20,644 Cr
Net profit (latest year)Rs 19,430 Cr
Net profit (latest quarter)Rs 5,642 Cr
Depreciation (TTM)Rs 1,204 Cr
Interest (TTM)Rs 68,828 Cr
Cost of goods sold (latest year)Rs 523 Cr
Total expenditure (latest year)Rs 33,434 Cr
Total income (latest year)Rs 128,400 Cr
Share capitalRs 7,634 Cr
ReservesRs 125,918 Cr
Shareholders' fundsRs 133,551 Cr
Total assetsRs 1,587,503 Cr
Net blockRs 11,596 Cr
Capital work in progressRs 64 Cr
InvestmentsRs 343,623 Cr
Other liabilitiesRs 66,395 Cr
Shares outstanding (crore)763.36
Ownership
Promoter holding74.76% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 6.2 is at the 13th percentile of its own 6.4-year range (median 9.4, low 5.0, high 235.2).
P/B 0.96 is at the 45th percentile (median 0.98).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodUNIONBANKNifty 50Difference
1 week-6.6%-2.8% -3.8 pts
1 month-9.4%-6.8% -2.6 pts
3 months+2.8%-7.6% +10.4 pts
6 months+2.1%+0.4% +1.7 pts
1 year+20.8%-9.9% +30.7 pts
2 years+31.6%-13.6% +45.1 pts
3 years+57.7%+14.2% +43.5 pts
5 years+359.8%+27.9% +331.9 pts
165 mutual fund schemes hold about ₹5,921 Cr. Over three months 77 bought more and 19 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Mid Cap Fund1.57%1,697 -1%
Nippon India Small Cap Fund0.94%781 +181%
Nippon India Growth Mid Cap Fund0.58%302 +0%
Aditya Birla SL PSU Equity Fund4.27%259 +23%
Axis Small Cap Fund0.74%232 -1%
Kotak Arbitrage Fund(M0.28%213 +37%
SBI Arbitrage Fund0.39%185 +109%
Nippon India Large Cap Fund0.31%168 +100%
ICICI Pru Nifty Next 50 Index Fund1.43%145 +3%
Nippon India Banking & Financial Services Fund1.76%139 +100%
UTI Nifty Next 50 Index Fund1.44%108 +3%
Nippon India ELSS Tax Saver Fund0.64%94 +8%
Quant BFSI Fund9.01%83 +100%
HDFC Arbitrage Fund(M0.28%72 +100%
Aditya Birla SL Value Fund0.98%68 +100%
Aditya Birla SL Arbitrage Fund0.24%66 +975%
HDFC Large & Mid Cap Fund0.21%63 +3%
Aditya Birla SL Banking & Financial Services Fund1.67%61 +108%
Motilal Oswal BSE Enhanced Value Index Fund2.54%57 +5%
DSP Banking & Financial Services Fund2.53%55 +5%
Tata Arbitrage Fund0.21%52 +1%
Bandhan Arbitrage Fund(M0.59%47 +275%
Bandhan Arbitrage Fund0.59%46 +275%
Mahindra Manulife Multi Cap Fund0.59%45 -4%
SBI BSE PSU Bank Index Fund11.02%39 +5%

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was 38% of net profit over the last 3 years
explainLow interest cover Interest cover 1.3x in 2026
lookProfit leans on other income Other income was 89% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2020-04-01President of India (i.e. GovernmenPromotersother2,737,381,073Rs 19599.65 CrScheme of Amalgamation/M
2019-11-30President of IndiaPromotersother1,659,802,538Rs 11768.00 CrPreferential Offer
2019-03-28President of IndiaPromotersother521,562,658Rs 4112.00 CrPreferential Offer
2018-03-27President of IndiaPromotersother312,819,803Rs 4524.00 CrPreferential Offer
2017-08-04President of IndiaPromotersother38,988,181Rs 541.00 CrPreferential Offer
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Revenue ₹27,427 Cr +1.2% vs Jun 2025. Net profit ₹5,642 Cr +27.4%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
State Bank of India890,49210.66.13 %
Punjab National Bank128,4345.816.13 %
Bank of Baroda117,7425.335.63 %
Canara Bank108,4035.466.52 %
Indian Bank107,1178.386.32 %
Bank of Maharashtra60,8868.086.03 %
Indian Overseas Bank59,59910.46.07 %
Bank of India59,2355.035.93 %
UCO Bank28,90410.35.55 %
Central Bank of India27,1905.965.64 %
Punjab & Sind Bank14,97910.85.95 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-07-03Dividend - Rs 5 Per Share
2025-07-25Dividend - Rs 4.75 Per Share
2024-07-19Annual General Meeting/Dividend - Rs 3.60 Per Share
2023-07-28Annual General Meeting/Dividend - Rs 3 Per Share
2022-06-22Annual General Meeting/Dividend - Rs 1.90 Per Share
2021-08-02 Annual General Meeting
2020-07-27 Annual General Meeting
2019-06-20 Annual General Meeting
2018-06-19 Annual General Meeting
2017-06-15 Annual General Meeting
2016-06-17 Annual General Meeting/ Dividend - Rs 1.95/- Per Share
2015-06-18Annual General Meeting/ Dividend - Rs 6/- Per Share
2014-06-19Annual General Meeting And Dividend Rs.1.30/- Per Share
2014-01-20Interim Dividend - Rs 2.70/- Per Share
2013-06-20Annual General Meeting And Dividend Rs.8/- Per Share
2012-06-21Annual General Meeting And Dividend - Rs.8/- Per Share
2011-06-16Annual General Meeting And Dividend Rs.8/- Per Share
2010-06-24Annual General Meeting And Dividend Rs.5.50 Per Share
2009-06-18Agm/Div-Rs.5/- Per Share
2008-06-17Agm/Dividend - 40%
2007-06-14Agm/Final Dividend-20%
2007-01-11Interim Dividend-15%
2006-06-08Agm/Final Dividend-35%
2006-05-08Elctn Of Sh. Director
DateTypeWhat it says
2026-10-01General UpdatesProvisional Financial figures for Qtr 30.09.2026
2026-09-18Credit RatingCredit Rating
2026-09-11General UpdatesGeneral Updates
2026-09-09General UpdatesIntimation of Strike
2026-09-01Change in ManagementChange in Senior Management of the Bank.
2026-08-28UpdatesDisclosures under SEBI (LODR) Regulations, 2015.
2026-08-27Credit Rating- NewCredit Rating- New
2026-08-27Credit Rating- NewCredit Rating- New
2026-08-25UpdatesDisclosure under SEBI LODR Regulation 2015.
2026-08-21Credit Rating- NewCredit Rating- New
2026-08-21Credit Rating- NewCredit Rating- New
2026-08-21Investor PresentationInvestor Presentation
2026-08-18Concall / analyst meetSchedule of meet
2026-08-18General UpdatesGeneral Updates
2026-08-06Concall / analyst meetSchedule of meet
2026-08-06Concall / analyst meetSchedule of meet
2026-08-03Concall / analyst meetSchedule of meet
2026-08-03Concall / analyst meetSchedule of meet
2026-07-30Board meeting outcomeOutcome of Board Meeting held on July 30, 2026.
2026-07-21Concall / analyst meetTranscript
2026-07-15Concall / analyst meetLink of Recording
2026-07-15Investor PresentationInvestor Presentation
2026-07-15Press ReleaseA press release dated July 15, 2026, titled "Press Release on the Financial Results of the Bank for the Quarter ended on June 30, 2026.".
2026-07-15General UpdatesGeneral Updates
2026-07-15Board meeting outcomeUnion Bank of India has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.78
Max pain (expiry 2026-10-27)175
Largest call open interest at175
Largest put open interest at170
Implied volatility, at the money32.5%
Underlying at snapshot167.59
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-301
2026-09-2953,100
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-08-17NCLTUnion Bank of INDIA (Through RP Mr. Deepak Maini Vs Smt. Pooja Garg
2021-08-17NCLTUnion Bank Of India. Vs Supertech Ltd.
2021-08-17NCLTM/s. Union Bank Of India Vs Hem Singh Bharana (Era Infra Engineering Ltd.)
2021-07-30NCLTUnion Bank of India Vs Atul Punj
2021-07-30NCLTUnion Bank of India Vs Minerva Executive Apartments Pvt Ltd Vs
2021-07-13NCLTUNION BANK OF INDIA Vs K.K. GIFT PRIVATE LIMITED
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Union Bank of India?

Union Bank of India (UNIONBANK) has a market capitalisation of Rs 1,26,718 Cr. at the 2026-10-01 close.

What is the P/E ratio of Union Bank of India?

Union Bank of India trades at a P/E of 6.14 on trailing twelve-month profit, at the 2026-10-01 close.

What were Union Bank of India's latest quarterly results?

In the Jun 2026 quarter, Union Bank of India revenue was Rs 27,427 Cr (+1.2% vs Jun 2025) and net profit was Rs 5,642 Cr.

What is the 52-week high and low of Union Bank of India?

The 52-week high is Rs 205.49 and the 52-week low is Rs 135.29.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03