
UCO Bank
Fortune 500 2025
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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
Website: www.ucobank.com
Featured In Fortune India Ranking
Fortune 500 India
#98(2025)
#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)
#98(2025)#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)
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
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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) | 13754 | 10307 | 8508 | 8966 | 10042 | 10019 | 10895 | 12509 | 13713 | 13797 | 12171 | 12170 | 10730 | 7526 | 7202 | 6477 |
| Cash & Bank Balance (INR Cr) | 29025 | 28728 | 26148 | 23600 | 17806 | 24432 | 14748 | 18100 | 18559 | 22169 | 15012 | 12344 | 13604 | 16980 | 8104 | 10853 |
| Total Debt (INR Cr) | 288461 | 269839 | 237581 | 221302 | 208899 | 206230 | 194299 | 210819 | 224359 | 224589 | 220252 | 182923 | 166905 | 150752 | 128679 | 105359 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |




