| Margins | NIM improved to 2.80%, up 16 bps QoQ. |
|---|---|
| Order book | Global Advances reached ₹10,96,331 Cr. |
| Demand visibility | Strong credit demand in MSME (16.49%) and Retail (12.06%). |
| Management confidence | High, emphasizing 'Business First, Compliance Always' motto. |
Growth
Global advances grew 12.5% YoY; RAM advances up 11.56%. Operating profit rose 15.83% YoY to ₹8,003 Cr.
Outlook
Targeting 150 new branches in FY27. Management maintains focus on 'Business First, Compliance Always' with a diversified credit portfolio.
Risks
Global deposit growth relatively slow at 3.50% YoY. Domestic CASA ratio slightly moderated to 35.10%.
Last quarter's promises, checked
Delivered
- Defend NIM at 2.76% → delivered 2.80% (= BEAT)
- Credit growth Q-o-Q > 4% → delivered ~9.6% Q-o-Q (= BEAT)
- Open 75 branches in FY26 → targeting 150 in FY27 (= BEAT)
Partly delivered
- Maintain PCR at ~95% → delivered 95.05% (= PARTIAL)
Missed
- RAM sector growth target 20-22% → delivered 11.56% (= MISS)
Earnings Call filed with NSE, NSE: UNIONBANK. Summary written with AI assistance from the document.
Union Bank of India: key numbers
- Share price
- ₹180.20
- Market cap
- ₹1,37,558 Cr
- Revenue (annual)
- ₹1,06,799 Cr
- Net profit (annual)
- ₹19,430 Cr
- P/E (TTM)
- 6.7×Sector 22.0×
- Promoter holding
- 74.76%+0.00% QoQ
- FII holding
- 8.63%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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