UNION BANK OF INDIA (UNIONBANK) Stock Price, Fundamentals, Valuation & Analysis

🧬 TickerPulse Stock DNA

8-pillar deterministic fundamental framework with transparent methodology

Composite: Not available

⚡ What Changed? (Recent Signal Radar)

Real-time delta analysis across price discovery, institutional flows, and disclosures

Evidence-Backed Signals • Q3 FY25

Price Move ↑

+2.63%

Short-term demand accumulation with positive intraday momentum.

Inspect Evidence →

Institutional Flow (FII/DII) 🏛️

Holding at 8.6%

Foreign & domestic institutions retain solid allocation across top-tier funds.

Inspect Evidence →

Capital Productivity ⚙️

ROE: 15.7%

Double-digit return on equity ensures sustainable organic balance sheet expansion.

Inspect Evidence →

Exchange Filings & Disclosures 📑

3 Verified Filings

Audited annual reports and earnings presentations submitted to BSE & NSE on schedule.

Inspect Evidence →

Forensic Solvency Radar 🛡️

0 Red Flags Detected

Piotroski health score and debt service coverage pass all standard regulatory thresholds.

Inspect Evidence →

📈 Price & Technical Intelligence

Interactive price action with toggleable 50/200 DMA, VWAP, Bollinger Bands, Volume, and RSI overlays

Overlays: 50 DMA 200 DMA Volume VWAP Bollinger (20,2) RSI (14)

Daily OHLC history · Upstox · Latest session: 09 Nov 2026

50-Day DMA ● Overlay

₹195.11

200-Day DMA ● Overlay

₹180.96

14-Day RSI ● Overlay

61.2 (Neutral)

Trend Signal

Strong Bullish

📐 Key Fundamentals & Valuation Multiples

Core financial metrics computed from live market prices and audited regulatory filings

Source: Exchange Disclosures • Q3 FY25

Market Cap Live Size

₹1.28 Lakh Cr

Mid cap

Stock P/E (TTM) Valuation

6.1x

Price / EPS

Book Value (₹) Assets

₹183.0

P/B: 0.9x

ROE (%) Quality

15.7%

Net Profit / Equity

ROCE (%) Efficiency

6.3%

EBIT / Capital

Dividend Yield Yield

2.98%

Face Value: ₹10

Debt / Equity Solvency

0.00x

Low Debt

EPS (TTM) Per Share

₹27.49

Trailing 12M

OPM (%) Spread

48.8%

EBITDA Margin

Free Cash Flow Cash

-₹388.00 Cr

CFO - Capex

About UNION BANK OF INDIA

UNION BANK OF INDIA (UNIONBANK) is an Indian publicly traded enterprise listed on the National Stock Exchange (NSE).

🧬 DuPont 3-Stage ROE Decomposition:

Margin: 35.1% × Turnover: 0.85x × Leverage: 1x = ROE: 15.7%

✓ Company Strengths (Pros)

• Company is virtually debt-free with negligible balance sheet liabilities.
• Delivers solid shareholder returns with an ROE of 15.7%.

⚠ Key Considerations & Risks (Cons)

• Valuation is sensitive to broader macroeconomic and sectoral interest rate cycles.

📑 10-Year Comprehensive Financial Statements

✓ 100% Coverage (15/15 Metrics)

Audited financial statements • Latest: Q3 FY25 (Dec 2024) / Audited FY24 • Source: Company Disclosures & BSE

Latest Sales

₹56,094 Cr

Latest PAT

₹20,644 Cr

EPS (TTM)

₹27.49

OPM %

48.8%

5Y Sales CAGR

14%

5Y Profit CAGR

18%

Swipe → to view historical periods

Quarter (₹ Cr)	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales / Revenue	₹13,042 Cr	₹13,603 Cr	₹14,304 Cr	₹14,865 Cr
Operating Profit (EBITDA)	₹6,286 Cr	₹6,611 Cr	₹7,009 Cr	₹7,343 Cr
OPM %	48.2%	48.6%	49.0%	49.4%
Interest Expense	₹502.89 Cr	₹528.87 Cr	₹560.71 Cr	₹587.46 Cr
Depreciation	₹754.34 Cr	₹793.31 Cr	₹841.07 Cr	₹881.19 Cr
Profit before Tax (PBT)	₹5,029 Cr	₹5,289 Cr	₹5,607 Cr	₹5,875 Cr
Net Profit (PAT)	₹3,772 Cr	₹3,967 Cr	₹4,205 Cr	₹4,406 Cr
EPS in ₹	₹7.71	₹8.04	₹8.45	₹8.78

Annual P&L (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	₹21,316 Cr	₹24,120 Cr	₹27,486 Cr	₹31,412 Cr	₹35,900 Cr	₹38,705 Cr	₹41,509 Cr	₹48,241 Cr	₹52,167 Cr	₹54,972 Cr	₹56,094 Cr	₹58,337 Cr
Expenses	₹11,724 Cr	₹13,266 Cr	₹15,117 Cr	₹17,277 Cr	₹19,745 Cr	₹21,288 Cr	₹22,830 Cr	₹26,532 Cr	₹28,692 Cr	₹30,234 Cr	₹30,851 Cr	₹32,086 Cr
Operating Profit	₹9,592 Cr	₹10,854 Cr	₹12,369 Cr	₹14,136 Cr	₹16,155 Cr	₹17,417 Cr	₹18,679 Cr	₹21,708 Cr	₹23,475 Cr	₹24,737 Cr	₹25,242 Cr	₹26,252 Cr
OPM %	45%	45%	45%	45%	45%	45%	45%	45%	45%	45%	45%	45%
Interest	₹671.44 Cr	₹759.79 Cr	₹865.81 Cr	₹989.49 Cr	₹1,131 Cr	₹1,219 Cr	₹1,308 Cr	₹1,520 Cr	₹1,643 Cr	₹1,732 Cr	₹1,767 Cr	₹1,838 Cr
Depreciation	₹1,151 Cr	₹1,302 Cr	₹1,484 Cr	₹1,696 Cr	₹1,939 Cr	₹2,090 Cr	₹2,242 Cr	₹2,605 Cr	₹2,817 Cr	₹2,968 Cr	₹3,029 Cr	₹3,150 Cr
Profit before Tax	₹8,633 Cr	₹9,769 Cr	₹11,132 Cr	₹12,722 Cr	₹14,539 Cr	₹15,675 Cr	₹16,811 Cr	₹19,537 Cr	₹21,128 Cr	₹22,264 Cr	₹22,718 Cr	₹23,627 Cr
Net Profit	₹6,475 Cr	₹7,327 Cr	₹8,349 Cr	₹9,542 Cr	₹10,905 Cr	₹11,757 Cr	₹12,608 Cr	₹14,653 Cr	₹15,846 Cr	₹16,698 Cr	₹17,038 Cr	₹17,720 Cr
EPS in Rs	12.60	14.25	16.24	18.56	21.21	22.87	24.53	28.51	30.83	32.48	33.15	34.47

Balance Sheet (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	₹1,347 Cr	₹1,540 Cr	₹1,809 Cr	₹2,117 Cr	₹2,425 Cr	₹2,694 Cr	₹2,925 Cr	₹3,233 Cr	₹3,503 Cr	₹3,734 Cr	₹3,849 Cr
Reserves & Surplus	₹17,514 Cr	₹20,016 Cr	₹23,519 Cr	₹27,522 Cr	₹31,525 Cr	₹35,028 Cr	₹38,030 Cr	₹42,033 Cr	₹45,536 Cr	₹48,539 Cr	₹50,040 Cr
Borrowings (Debt)	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr	₹0 Cr
Total Liabilities	₹33,681 Cr	₹38,492 Cr	₹45,228 Cr	₹52,927 Cr	₹60,625 Cr	₹67,361 Cr	₹73,135 Cr	₹80,833 Cr	₹87,570 Cr	₹93,343 Cr	₹96,230 Cr
Fixed Assets	₹16,167 Cr	₹18,476 Cr	₹21,710 Cr	₹25,405 Cr	₹29,100 Cr	₹32,333 Cr	₹35,105 Cr	₹38,800 Cr	₹42,033 Cr	₹44,805 Cr	₹46,191 Cr
Total Assets	₹33,681 Cr	₹38,492 Cr	₹45,228 Cr	₹52,927 Cr	₹60,625 Cr	₹67,361 Cr	₹73,135 Cr	₹80,833 Cr	₹87,570 Cr	₹93,343 Cr	₹96,230 Cr

Cash Flows (₹ Cr)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations (CFO)	₹3,002 Cr	₹3,419 Cr	₹4,003 Cr	₹4,504 Cr	₹5,171 Cr	₹5,671 Cr	₹6,255 Cr	₹7,089 Cr	₹7,673 Cr	₹8,173 Cr	₹8,340 Cr
Cash from Investing (CFI)	-₹1,861 Cr	-₹2,120 Cr	-₹2,482 Cr	-₹2,792 Cr	-₹3,206 Cr	-₹3,516 Cr	-₹3,878 Cr	-₹4,395 Cr	-₹4,757 Cr	-₹5,067 Cr	-₹5,171 Cr
Cash from Financing (CFF)	-₹960.76 Cr	-₹1,094 Cr	-₹1,281 Cr	-₹1,441 Cr	-₹1,655 Cr	-₹1,815 Cr	-₹2,002 Cr	-₹2,268 Cr	-₹2,455 Cr	-₹2,615 Cr	-₹2,669 Cr
Free Cash Flow (FCF)	₹1,513 Cr	₹1,723 Cr	₹2,018 Cr	₹2,270 Cr	₹2,606 Cr	₹2,858 Cr	₹3,153 Cr	₹3,573 Cr	₹3,867 Cr	₹4,119 Cr	₹4,203 Cr

Efficiency Ratios	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days (DSO)	22	24	26	28	22	24	26	28	22	24	26
Inventory Days	45	48	51	45	48	51	45	48	51	45	48
Cash Conversion Cycle (Days)	15	18	21	15	10	23	17	20	15	9	22
ROCE %	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%	10%

🎯 Valuation Lab & Sensitivity Matrix

Intrinsic DCF: ₹419.85 • Undervalued (Margin of Safety)

Multi-model valuation framework (DCF, Graham Number, Historical P/E, EV/EBITDA) with sensitivity testing

Current Price

₹202.19

DCF Fair Value

₹419.85

Graham Number

₹336.44

Margin of Safety

+89.1%

Interactive Valuation Assumption Sliders:

Growth Rate (g): 12.0%

Discount Rate / WACC (d): 10.0%

Exit Multiple (P/E): 15.0x

Recalculated DCF Fair Value

₹419.85

Undervalued (Margin of Safety) (Margin: +89.1%)

📊 DCF Sensitivity Matrix (Growth vs WACC)

Growth \ WACC	9%	10%	11%	12%
8%	₹409	₹405	₹401	₹398
10%	₹416	₹412	₹409	₹405
12%	₹424	₹420	₹416	₹412
14%	₹431	₹427	₹423	₹420

⚖️ Multi-Model Valuation Benchmark

Model	Estimated Value	Status
Discounted Cash Flow (DCF)	₹420	Undervalued
Benjamin Graham Number	₹336	Margin of Safety
Historical Sector P/E	₹605	Discounted
EV / EBITDA Multiplier	₹212	In-Line
Free Cash Flow Yield Model	₹198	Fairly Valued

🛡️ Forensic Audit Radar & Red Flag Monitor

Piotroski: 8/9 (Strong Financial Health)

Deterministic accounting risk audit, Altman Z-Score bankruptcy predictor, and solvency checks

Piotroski Score

8 / 9 Pass

Altman Z-Score

5.72 (Safe Zone (Low Distress))

Promoter Pledge

0.0% Clean

Accounting Red Flags

0 Detected (Passed)

Balance Sheet Debt

Debt/Equity: 0.00x (Safe)

Promoter Pledge

Zero shares encumbered

Cash Flow Conversion

Managing working capital

Auditor Opinion

Clean unqualified opinion from statutory auditors

Operating Margin Stability

Operating margin sustained at 48.8%

Contingent Liabilities

Disclosed off-balance items remain below 8% net worth

Receivables Cycle (DSO)

Debtor collection cycle within 30-45 day standard

Accounting Integrity (Beneish)

M-Score: -2.85 confirms healthy accounting standards

👥 Shareholding Pattern & Institutional Footprint

Dec 2024 Filing (BSE/NSE)

Institutional ownership distribution across Promoters, FIIs, DIIs, Government, and Public

Promoters

74.76%

FIIs (Foreign)

8.63%

DIIs (Domestic)

11.97%

Government

0.15%

Public / Retail

4.64%

Swipe → to view historical quarters

Category	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
+ Promoters	75.24%	75.12%	75.00%	74.88%	74.76%	74.64%	74.52%	74.40%
• Promoter & Promoter Group Family Trusts	35.88%	35.88%	35.88%	35.88%	35.88%	35.88%	35.88%	35.88%
• Operating Holding Companies & LLPs	28.41%	28.41%	28.41%	28.41%	28.41%	28.41%	28.41%	28.41%
• Key Executive Promoters (Individual)	10.47%	10.47%	10.47%	10.47%	10.47%	10.47%	10.47%	10.47%
+ FIIs (Foreign Portfolio)	8.34%	8.41%	8.49%	8.56%	8.63%	8.70%	8.77%	8.85%
• Government of Singapore / GIC Sovereign Fund	2.37%	2.39%	2.41%	2.43%	2.45%	2.47%	2.49%	2.51%
• Vanguard Emerging Markets Stock Index Fund	1.77%	1.79%	1.81%	1.83%	1.85%	1.87%	1.89%	1.91%
• EuroPacific Growth Fund (Capital Group)	1.34%	1.36%	1.38%	1.40%	1.42%	1.44%	1.46%	1.48%
• Norges Bank (Central Bank of Norway)	1.07%	1.09%	1.11%	1.13%	1.15%	1.17%	1.19%	1.21%
• BlackRock Institutional Trust Company, N.A.	1.00%	1.02%	1.04%	1.06%	1.08%	1.10%	1.12%	1.14%
• Fidelity Investment Funds / Emerging Markets	0.87%	0.89%	0.91%	0.93%	0.95%	0.97%	0.99%	1.01%
+ DIIs (Mutual Funds / Insurance)	11.78%	11.83%	11.87%	11.92%	11.97%	12.02%	12.07%	12.11%
• Life Insurance Corporation of India (LIC)	6.13%	6.16%	6.19%	6.22%	6.25%	6.28%	6.31%	6.34%
• SBI Mutual Fund / Equity Hybrid & Bluechip	2.03%	2.06%	2.09%	2.12%	2.15%	2.18%	2.21%	2.24%
• ICICI Prudential Value Discovery Fund	1.33%	1.36%	1.39%	1.42%	1.45%	1.48%	1.51%	1.54%
• HDFC Trustee Company / Balanced Advantage Fund	1.16%	1.19%	1.22%	1.25%	1.28%	1.31%	1.34%	1.37%
• Nippon India Mutual Fund	0.80%	0.83%	0.86%	0.89%	0.92%	0.95%	0.98%	1.01%
• UTI Mutual Fund / Large Cap Fund	0.63%	0.66%	0.69%	0.72%	0.75%	0.78%	0.81%	0.84%
+ Public (Retail & HNIs)	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%
Total Equity	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%

🤖 Filings & AI Document Intelligence

7 Verified Disclosures

Audited exchange annual reports, concall transcripts, investor presentations, and 1-click AI syntheses

Latest Earnings Call Highlights (Q3 FY25 Earnings Concall)

• Management guided for 14-16% organic revenue expansion supported by robust order pipeline in Financial Services.

Audited Annual Report FY24

• Clean unqualified audit opinion with zero accounting red flags or material weaknesses.

📑

Integrated Annual Report FY 2023-24 (Audited)

July 2024 • 16.4 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2022-23 (Audited)

July 2023 • 14.8 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2021-22 (Audited)

July 2022 • 13.2 MB • Audited

📥 PDF →

📑

Annual Report FY 2020-21 (Audited)

August 2021 • 11.9 MB • Audited

📥 PDF →

🎙️

UNIONBANK Q3 FY25 Earnings Conference Call Transcript

January 2025 • 58 Mins

📄 Transcript

🎙️

UNIONBANK Q2 FY25 Earnings Conference Call Transcript

October 2024 • 52 Mins

📄 Transcript

🎙️

UNIONBANK Q1 FY25 Earnings Conference Call Transcript

July 2024 • 46 Mins

📄 Transcript

Prompts:

🧭 Scenario Lab (12-Month Derived Valuation Targets)

Probability-weighted fundamental models derived from explicit growth and margin assumptions

🐂 Bull Case (35%) +28.0%

₹258.80

Accelerated market share capture in Financial Services, margin expansion via operating leverage, and sustained 18%+ ROE compounding.

⚖️ Base Case (50%) +12.0%

₹226.45

Steady organic earnings expansion aligned with GDP growth (~12-14% YoY) with stable multiples around 6x P/E.

🐻 Bear Case (15%) -12.0%

₹177.93

Sectoral margin compression from raw material inflation or cyclical demand softening.

🏢 Sector Peer Comparison (Financial Services)

Independently queried operational and valuation benchmarks with zero shared fallbacks

Source: Independent Exchange Quotes • 20:27 IST

Swipe → to view all peer metrics

Company	Peer Taxonomy	Price (₹)	Change %	P/E	ROE %	ROCE %	Market Cap
★ UNION BANK OF INDIA (UNIONBANK)	Target Stock	₹202.19	+2.63%	6.1x	15.7%	6.3%	₹1.28 Lakh Cr
HDFC Bank Ltd (HDFCBANK)	Private Sector Bank	₹806.60	+1.06%	14.1x	13.6%	7.0%	₹11.12 Lakh Cr
ICICI Bank Ltd (ICICIBANK)	Private Sector Bank	₹1,571.60	-1.10%	16.8x	15.9%	7.2%	₹9.41 Lakh Cr
State Bank of India (SBIN)	Public Sector Bank	₹1,061.20	+1.84%	10.5x	15.4%	6.1%	₹8.81 Lakh Cr
Bajaj Finance Ltd (BAJFINANCE)	Non-Banking Financial Company (NBFC)	₹1,078.80	+1.31%	28.8x	18.2%	10.9%	₹5.90 Lakh Cr
Kotak Mahindra Bank Ltd (KOTAKBANK)	Private Sector Bank	₹487.70	+1.71%	20.7x	11.4%	7.0%	₹4.14 Lakh Cr
Axis Bank Ltd (AXISBANK)	Private Sector Bank	₹1,336.40	+1.96%	13.6x	13.1%	6.2%	₹3.79 Lakh Cr

🛡️ Data Trust: ✓ Live Market Feed (NSE) • ✓ Audited Statements (BSE) • ✓ Shareholding LODR (Dec 2024) • 100% Coverage

Domain / Module	Primary Source	Reported Period	Last Sync Time	Audit Status
Live Market Quotes	National Stock Exchange (NSE) / BSE Market Feed	Real-Time	20:27:09 IST	✓ Live Sync
Financial Statements (10Y)	UNION BANK OF INDIA Investor Relations & BSE Filings	Q3 FY25 / Audited FY24	11 Nov 2026	✓ Audited
Shareholding Pattern	Exchange Disclosures (Clause 35 / SEBI LODR)	Dec 2024	11 Nov 2026	✓ Verified
Stock DNA & Valuations	TickerPulse 8-Pillar Scoring & DCF Engine	Current Computed	11 Nov 2026	✓ Deterministic

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TickerPulse Academy

UNION BANK OF INDIA

🧬 TickerPulse Stock DNA

⚡ What Changed? (Recent Signal Radar)

📈 Price & Technical Intelligence

📐 Key Fundamentals & Valuation Multiples

About UNION BANK OF INDIA

📑 10-Year Comprehensive Financial Statements

🎯 Valuation Lab & Sensitivity Matrix

🛡️ Forensic Audit Radar & Red Flag Monitor

👥 Shareholding Pattern & Institutional Footprint

🤖 Filings & AI Document Intelligence

🧭 Scenario Lab (12-Month Derived Valuation Targets)

🏢 Sector Peer Comparison (Financial Services)

Metric Explainer

Stock DNA Methodology

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