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UNIONBANK - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.9

Last Updated Time : 19 Mar 26, 07:11 pm

Fundamental Rating: 3.9

Stock Code UNIONBANK Market Cap 1,35,779 Cr. Current Price 178 ₹ High / Low 205 ₹
Stock P/E 7.40 Book Value 165 ₹ Dividend Yield 2.67 % ROCE 6.72 %
ROE 17.1 % Face Value 10.0 ₹ DMA 50 179 ₹ DMA 200 157 ₹
Chg in FII Hold 0.28 % Chg in DII Hold 0.21 % PAT Qtr 5,017 Cr. PAT Prev Qtr 4,249 Cr.
RSI 43.9 MACD -1.38 Volume 1,08,03,224 Avg Vol 1Wk 1,19,58,019
Low price 112 ₹ High price 205 ₹ PEG Ratio 0.15 Debt to equity 10.3
52w Index 70.5 % Qtr Profit Var 8.97 % EPS 24.1 ₹ Industry PE 7.57

📊 Financials

  • Revenue Growth: Moderate, PAT improved to 5,017 Cr from 4,249 Cr
  • Profit Margins: EPS at 24.1 ₹, showing decent profitability
  • Debt Ratios: Debt-to-equity at 10.3, very high leverage typical of banks
  • Cash Flows: Supported by lending operations, though efficiency remains modest
  • Return Metrics: ROCE 6.72% and ROE 17.1% indicate moderate efficiency

💹 Valuation

  • P/E Ratio: 7.40, slightly lower than industry average (7.57), suggesting fair valuation
  • P/B Ratio: ~1.08 (Current Price / Book Value), fairly valued
  • PEG Ratio: 0.15, indicating undervaluation relative to growth
  • Intrinsic Value: Fairly valued with potential upside

🏢 Business Model & Health

  • Business Model: Public sector bank, reliant on lending, deposits, and government-backed operations
  • Competitive Advantage: Government support ensures stability, wide branch network
  • Overall Health: Financially stable with improving profits, though leverage remains high

🎯 Entry Zone Recommendation

  • Entry Zone: Attractive near 170–180 ₹ levels (close to DMA 50)
  • Long-Term Holding: Suitable for conservative investors; dividend yield (2.67%) adds stability


✅ Positive

  • Quarterly PAT improved (5,017 Cr vs 4,249 Cr)
  • Dividend yield of 2.67% provides investor returns
  • EPS of 24.1 ₹ reflects profitability

⚠️ Limitation

  • High debt-to-equity ratio (10.3), typical of banks but risky
  • ROCE (6.72%) remains weak compared to peers
  • Stock trading close to resistance levels (205 ₹ high)

📉 Company Negative News

  • Technical indicators (RSI 43.9, MACD -1.38) suggest weak momentum

📈 Company Positive News

  • FII holdings increased (+0.28%), showing foreign investor confidence
  • DII holdings increased (+0.21%), showing domestic institutional support

🏭 Industry

  • Banking industry P/E: 7.57, slightly higher than UNIONBANK’s valuation
  • Sector demand driven by credit growth and government-backed stability

🔎 Conclusion

  • UNIONBANK is financially stable with government backing and improving profitability
  • Valuation is fair compared to industry peers, with PEG suggesting growth potential
  • Entry near 170–180 ₹ offers value; suitable for long-term conservative investors seeking dividend stability

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