UCO Bank has informed the Exchange about Transcript
UCOBANK · price
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UCO Bank reported its highest annual profit in 10-12 years, with FY25 net profit of ₹2,445 crore (up 47.8% YoY) and Q4 net profit of ₹653 crore (up 24% YoY). Total business crossed ₹5.30 lakh crore, growing 14.12% YoY, while advances surged 17.72% led by retail (+35%), vehicle loans (+59%), and agriculture (+20%). Asset quality improved sharply with gross NPA falling to 2.69% and net NPA to 0.50%, while PCR stood at 96.69%. The bank completed its ₹2,000 crore QIP, lifting CRAR to 18.49%, and the board recommended a 3.90% dividend plus plans to issue 270 crore fresh shares that would bring government holding below 75%. FY26 guidance includes 10-12% deposit growth, 12-14% credit growth, global NIM of 3-3.10%, GNPA below 2.5%, and net NPA below 0.35%. The bank highlighted a sanctions pipeline of around ₹10,000 crore ready for disbursement and an IT budget of over ₹1,000 crore for FY26.
Strong results beat most FY25 guidance metrics, with record profitability and improving asset quality likely to support positive investor sentiment. The capital raise plan signals future growth capacity, though government shareholding dilution may weigh on some institutional investors. The conservative FY26 guidance (lower than FY25 actuals) suggests management is being prudent amid rate cuts and macro uncertainty.