UCO Bank

UCO Bank

Fortune 500 2024
+ 14 More
+ 14 More
OVERVIEW
FINANCIALS
NEWS

About

UCO Bank is a leading public sector bank in India. The bank was founded in 1943 by industrialist G.D. Birla. UCO Bank is headquartered in Kolkata and is led by MD and CEO Ashwani Kumar.The bank presently operates in India through 4,000 service units and 43 zonal offices . Globally, UCO Bank is present in Hong Kong, Singapore and Tehran, Iran. The bank offers a wide range of financial services, including NRI banking, foreign currency loans, remittances, forex and treasury services to NRIs and resident foreign currency (domestic) deposits, correspondent banking services, savings, insurance, and investment solutions to domestic customers.

Incorporation Year: 1943
Headquarters: Kolkata
Top Management: MD and CEO Ashwani Kumar, Founder G.D. Birla
Industry: BFSI

Featured In Fortune India Ranking

Fortune 500 India
#97(2024)
#107(2023)
#106(2022)
#83(2021)
#80(2020)
#96(2019)
#102(2018)
#79(2017)
#69(2016)
#65(2015)
#67(2014)
#65(2013)
#64(2012)
#67(2011)
#65(2010)
#97(2024)#107(2023)#106(2022)#83(2021)#80(2020)#96(2019)#102(2018)#79(2017)#69(2016)#65(2015)#67(2014)#65(2013)#64(2012)#67(2011)#65(2010)
Ranking Trend Fortune 500 India

Financial Data 2024

Revenue
25,120
(INR Cr)
Net Operating Income
21,854
(INR Cr)
Assets
323,548
(INR Cr)
Profit
1,672
(INR Cr)
Net Worth
24,216
(INR Cr)

Fortune India Coverage

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
25120
24.6%
20159
11.7%
18047
1.0%
17870
-0.8%
18006
13.6%
15844
4.6%
15141
-17.9%
18440
-8.5%
20157
-5.6%
21363
9.3%
19550
10.4%
17704
13.5%
15598
26.9%
12296
17.2%
10492
14.6%
9159
-
Net Operating Income
(INR Cr)
21854
23.82%
17651
17.82%
14981
3.70%
14446
-4.55%
15134
5.61%
14331
2.21%
14020
-14.12%
16326
-12.04%
18561
-4.12%
19359
6.19%
18230
8.82%
16752
14.48%
14632
28.68%
11371
19.36%
9526
17.30%
8121
-
Profit
(INR Cr)
1672
-8.5%
1826
96.4%
930
393.5%
188
-
-2437
-
-4321
-
-4436
-
-1851
-
-2799
-
1138
-24.7%
1511
144.3%
618
-44.2%
1109
22.3%
907
-10.4%
1012
81.5%
558
-
Assets
(INR Cr)
323548
7.6%
300702
12.4%
267659
5.7%
253246
7.4%
235908
2.4%
230484
6.6%
216256
-6.6%
231491
-5.5%
244931
-0.6%
246275
2.8%
239614
20.5%
198940
9.9%
181068
10.5%
163890
18.9%
137808
23.1%
111996
-
Net Worth
(INR Cr)
24216
6.2%
22800
10.0%
20737
4.6%
19825
0.0%
16861
12.1%
15041
19.3%
12605
20.9%
10428
2.7%
10156
-14.9%
11939
12.2%
10639
45.5%
7315
16.2%
6296
22.4%
5145
42.5%
3611
29.2%
2795
12.5%
Employee Cost
(INR Cr)
4887
26.2%
3873
16.9%
3314
-3.7%
3443
78.4%
1929
-0.9%
1946
5.7%
1842
-6.1%
1962
6.9%
1835
11.8%
1642
6.1%
1548
11.1%
1393
0.7%
1383
-6.6%
1480
40.0%
1058
6.0%
998
-
Interest Cost
(INR Cr)
137541030785088966100421001910895125091371313797121711217010730752672026477
Cash & Bank Balance
(INR Cr)
2902528728261482360017806244321474818100185592216915012123441360416980810410853
Total Debt
(INR Cr)
288461269839237581221302208899206230194299210819224359224589220252182923166905150752128679105359

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 6.7%9.1%5.2%1.1%-----5.3%7.7%3.5%7.1%7.4%9.7%6.1%
Profit As % Of Assets 0.5%0.6%0.4%0.1%-----0.5%0.6%0.3%0.6%0.6%0.7%0.5%
Profit As % Of Networth 6.9%8.0%4.5%1.0%-----9.5%14.2%8.5%17.6%17.6%28.0%20.0%
Interest Cost to EBITDA % ----------------
Debt to Equity Ratio ----------------
RONW 7.0%8.6%3.4%0.2%-----10.1%16.8%6.6%19.4%20.7%31.6%21.1%
ROCE ----------------