Investor Presentation

Financial Results

Q4FY24

Uni Pay Plus

Guidance &

Asset

Financial

Strategic

Group Entities

Overview

Business

Financials

Quality &

Initiatives /

Cyber Security

Q4 Highlights

Inclusion & ESG

& Awards

Capital Adequacy

Outcome

Global Business mix - ₹ 21.26 Trillion

  • Advances: ₹ 9.05 Trillion
  • Deposits : ₹ 12.21 Trillion

8,466 Branches & 8,982 ATMs

Branches Share

Rural (30%)

Urban (20%)

Semi-urban (29%)

Metro (21%)

  • Overseas Branches in Dubai & Sydney
  • Banking subsidiary in London, United Kingdom
  • JV in India International Bank (Malaysia)

19,600+ Business Correspondents

75,800 + Employees

5th Largest PSB in Business Mix*

9.5% Share among PSBs in Business*

Shareholding (%)

6.76

FII

DII

12.25

Public

6.23

Govt. of India

74.76

Centralized Processing Centres

135 MSME Loan Points

105 Union MSME First Branches

159 Retail Loan Points & 42 Agriculture Loan Points

1,685 Gold Loan Points

8 SAMBs & 30 ARBs

19 LCBs & 40 MCBs

*As of Dec-23

2

Guidance &

Asset

Financial

Strategic

Group Entities

Overview

Business

Financials

Quality &

Initiatives /

Cyber Security

Q4 Highlights

Inclusion & ESG

& Awards

Capital Adequacy

Outcome

Key Parameters

Advances Growth (YoY)

Deposits Growth (YoY)

NIM %

GNPA %

Slippages

Recovery

Guidance vs Actuals

Mar-24

(Guidance)

10 - 12 %

8 - 10 %

~3.00 %

< 6.00 %

~ ₹ 12,000 Cr

~ ₹ 16,000 Cr

Mar-24(12M)

(Actual Y-o-Y)

11.7 %

  • 9.3 %

    3.10 %

    4.76 %

  • 11,877 Cr
  • 18,554 Cr

3

Guidance &

Asset

Financial

Strategic

Group Entities

Overview

Business

Financials

Quality &

Initiatives /

Cyber Security

Q4 Highlights

Inclusion & ESG

& Awards

Capital Adequacy

Outcome

Strong Operating Performance (12MFY24)

Deposits

Advances

RAM

Capital

9.29% YoY

13.82% YoY

CRAR 16.97%

11.73% YoY

CET-1 13.65%

Deposit growth

Consistent & Sustained

Robust growth in RAM

Improved by 93 bps YoY

Credit Growth

advances

Improved by 129 bps YoY

Asset Quality

GNPA 4.76%

NNPA 1.03%

PCR 92.69%

Improved by 277 bps YoY Improved by 67 bps YoY Improved by 235 bps YoY

Operating Profit

Net Profit

Margin

Efficiency

Profitability

₹ 28,211 Cr

₹ 13,648 Cr

NII ₹ 36,570 Cr

Credit Cost 0.74%

NIM 3.10%

Increased by 10.77% YoY

Increased by 61.84% YoY

Increased by 11.61% YoY

Improved by 90 bps YoY

Improved by 3 bps YoY

RoA 1.03%

RoE 15.58%

Improved by 34 bps YoY Improved by 232 bps YoY

4

Guidance &

Business

Asset Quality &

Financial

Strategic

Cyber Security

Group Entities

Overview

Financials

Initiatives /

&

Q4 Highlights

Capital Adequacy

Inclusion & ESG

& Awards

Outcome

EASE

Operating Profit

₹ in crore

Profitability

Net Profit

₹ in crore

Net Interest Income

₹ in crore

7278

3236

3511

3590

3311

8840

9126

9168

9437

7179

7221

8628

6823

2782

8305

6577

6619

6533

8251

2245

7582

5520

5448

1848

1440

1558

6769

0.38

0.36

Mar-22Jun-22Sep-22Dec-22Mar-23

Jun-23Sep-23Dec-23Mar-24

Mar-22Jun-22Sep-22Dec-22Mar-23Jun-23

Sep-23Dec-23Mar-24

Mar-22Jun-22Sep-22Dec-22Mar-23

Jun-23Sep-23Dec-23Mar-24

0.29

FY-23

FY-24

FY-23

FY-24

FY-23

FY-24

25,467

28,211

8,433

13,648

32,765

36,570

RoA %

RoE %

EPS

1.00

1.07

1.07

0.97

18.97

17.97

17.25

18.94

20.23

19.37

17.66

17.50

16.28

0.88

15.12

0.73

14.67

13.14

0.50

0.53

0.61

11.12

11.52

12.85

8.43

9.12

10.81

Mar-22Jun-22Sep-22Dec-22Mar-23Jun-23

Sep-23Dec-23Mar-24

Mar-22

Jun-22Sep-22Dec-22Mar-23Jun-23

Sep-23Dec-23Mar-24

Mar-22

Jun-22Sep-22Dec-22Mar-23Jun-23

Sep-23Dec-23Mar-24

FY-23

FY-24

FY-23

FY-24

FY-23

FY-24

0.69%

1.03%

13.26%

15.58%

12.34%

18.95%

Operating Profit & Net Profit lower in Mar-24 due to one-time impact of bipartite settlement retirement benefits.

5

Overview

Guidance &

Q4 Highlights

GNPA

₹ in crore

₹ 36,489 Crore

79587

Reduction

since Mar-22

74500

65391

63770

60987

60104

54012

43262

43098

Mar-22Jun-22Sep-22

Dec-22Mar-23

Jun-23Sep-23Dec-23Mar-24

Business

Asset Quality &

Financial

Strategic

Group Entities

Financials

Initiatives /

Cyber Security

Capital Adequacy

Inclusion & ESG

& Awards

Outcome

₹

in crore

Asset Quality

NNPA

₹

in crore

GNPA & NNPA%

₹ 15,313 Crore

11.11

10.22

Reduction

8.45

7.93

since Mar-22

7.53

7.34

24303

6.38

22392

19193

0.38

4.83

4.76

16195

3.68

3.31

2.64

12928

12138

10421

9351

2.14

1.70

1.58

1.30

1.08

1.03

8990

0.29

Mar-22Jun-22Sep-22Dec-22

Mar-23

Jun-23Sep-23Dec-23Mar-24

Mar-22Jun-22

Sep-22Dec-22Mar-23

Jun-23Sep-23

Dec-23

Mar-24

GNPA %

NNPA %

PCR%

Credit Cost%

Slippage Ratio%

92.03

92.54

92.69

3.83

90.34

90.86

2.00

2.02

88.50

1.77

1.50

2.67

86.61

1.24

84.75

0.97

1.80

1.73

83.61

1.51

1.56

0.81

1.45

1.39

1.35

0.56

0.66

0.43

Mar-22Jun-22Sep-22Dec-22Mar-23

Jun-23Sep-23

Dec-23

Mar-24

Mar-22

Jun-22Sep-22Dec-22Mar-23Jun-23Sep-23Dec-23Mar-24

Mar-22Jun-22Sep-22Dec-22

Mar-23

Jun-23Sep-23

Dec-23Mar-24

6

Guidance &

Asset

Financial

Strategic

Group Entities

Overview

Business

Financials

Quality &

Initiatives /

Cyber Security

Q4 Highlights

Inclusion & ESG

& Awards

Capital Adequacy

Outcome

₹ in crore

Robust & diversified Credit Growth

Particulars

Mar-23

Sep-23

Dec-23

Mar-24

YoY(%)

Gross Advances

8,09,905

8,47,214

8,95,974

9,04,884

11.73

- Domestic

7,85,302

8,21,437

8,66,689

8,73,632

11.25

- Overseas

24,603

25,777

29,285

31,252

27.03

Particulars

Mar-23

Sep-23

Dec-23

Mar-24

YoY(%)

Retail

1,59,702

1,68,256

1,73,445

1,77,488

11.14

Agriculture

1,51,993

1,65,506

1,77,583

1,83,833

20.95

MSME

1,25,022

1,33,822

1,36,746

1,35,748

8.58

LC & Others

3,73,188

3,79,630

4,08,200

4,07,815

9.28

Consistent & sustained growth

Composition%

Retail-Bureau Scores (%)

Credit / Deposit Ratio

Global

75.65%

1

Domestic

73.06%

45%

34

2Y - CAGR

55%

65

12.4%

Advances

RAM

14.4%

Corporate

10.1%

RAM

LC & Others

>=750

700-749

<700

7

Guidance &

Asset

Financial

Strategic

Group Entities

Overview

Business

Financials

Quality &

Initiatives /

Cyber Security

Q4 Highlights

Inclusion & ESG

& Awards

Capital Adequacy

Outcome

Retail Portfolio of

~₹ 1.77 lakh crores

2 - year CAGR atMar 24:

~14%

20.3%

of Dom. Adv.

₹ in crore

Particulars

Mar-23

Mar-24

% Share

Mar-24

Home Loans

79,374

86,079

48.5

Vehicle Loans

16,509

20,340

11.5

Education

9,210

14,068

7.9

Loans

Mortgage

14,190

15,043

8.5

Loans

Others

40,419

41,958

23.6

Total Retail

1,59,702

1,77,488

100.0

Credit Growth- RAM

Agri Portfolio of

~₹ 1.84 lakh crores

2 - year CAGR atMar 24:

~18%

21.0%

of Dom. Adv.

₹ in crore

Particulars

Mar-23

Mar-24

% Share

Mar-24

Farm

Credit(Crop,

1,17,085

1,39,658

76.0

Investment &

Allied)

Agri Ancillary

31,105

40,278

21.9

Activities

Agri

3,803

3,897

2.1

Infrastructure

Total Agri

1,51,993

1,83,833

100.0

MSME Portfolio of

~₹ 1.36 lakh crores

2 - year CAGR atMar 24:

~11%

15.5%

of Dom. Adv.

₹ in crore

Particulars

Mar-23

Mar-24

% Share

Mar-24

Micro

63,899

72,135

53.1

Small

38,527

39,723

29.3

Medium

22,596

23,890

17.6

Total MSME

1,25,022

1,35,748

100.0

8

Guidance &

Asset

Financial

Overview

Business

Financials

Quality &

Q4 Highlights

Inclusion & ESG

Capital Adequacy

Credit to Industries

(% Share in Domestic Advances)

S. No.

Sectors

Mar-23

Mar-24

₹ In Crore

% Share

₹ In Crore

% Share

1

Infrastructure

1,00,135

12.75

86,659

9.92

2

NBFCsand HFCs

1,07,235

13.66

1,17,577

13.46

- HFCs

35,575

-

34,809

-

-PSU & PSU Backed NBFCs

30,679

-

32,062

-

-Pvt.NBFCs

40,981

-

50,706

-

3

Basic Metals

24,807

3.16

23,876

2.73

4

Petroleum/Coal/Nuclear

20,593

2.62

9,305

1.07

5

Food Processing

21,184

2.70

28,746

3.29

6

Chemical & Chemical Products

15,840

2.02

13,867

1.59

7

Textiles

16,998

2.16

16,836

1.93

Total (1 to 7)

3,06,792

39.07

2,96,866

33.98

Some sectors within "Infrastructure" for last year & current year are provided below:

i)

-Power

36,341

-

36,025

-

-RenewableEnergy

3,533

-

10,946

-

w/w Wind

438

-

64

-

Solar

2,196

-

7,046

-

-Thermal

20,767

-

14,660

-

-Govt.PSU (Power)

22,907

-

25,499

-

-Non-PSU(Power)

13,434

-

10,526

-

ii)

-Road

20,380

-

22,902

-

- HAM

3,009

-

6,161

-

Strategic

Group Entities

Initiatives /

Cyber Security

& Awards

Outcome

Rating-Corporate Loans

(>25 Cr)

  • 10

81

BB & Below

BBB

A & Above

NBFC -Rating Profile of Standard

Exposure (%)

2

25 6

67

AAA

AA

A

BBB & Lower

Amounts have been reclassified wherever required to match with current year's classification

9

Guidance &

Asset

Financial

Strategic

Overview

Business

Financials

Quality &

Initiatives /

Q4 Highlights

Inclusion & ESG

Capital Adequacy

Outcome

Deposit Growth

Cyber Security

Group Entities

& Awards

₹ in crore

Particulars

Mar-23

Sep-23

Dec-23

Mar-24

Y-o-Y(%)

Total Deposits

11,17,716

11,37,628

11,72,455

12,21,528

9.29

- Domestic Deposits

11,06,089

11,20,185

11,54,325

11,99,197

8.42

- CASA(%)

35.62

34.66

34.40

34.20

-142 bps

Domestic

2Y - CAGR

Global Deposits

8.8%

Domestic Deposits

7.8%

Liquidity Position

Particulars

As on

31.03.24

Avg. LCR

131.90 %

NSFR

129.40 %

Composition of Deposits (%)

Savings Deposits

CASA Deposits

2 Yr CAGR-

2 Yr CAGR-

5.09%

4.28%

29

336349

410134

320075

394055

71

304541

377193

CASA+ Retail TD

Bulk Term Dep

Mar-22

Mar-23

Mar-24

Mar-22

Mar-23

Mar-24

5.08%

4.08%

10

YoY

YoY

Attachments

Disclaimer

Union Bank of India published this content on 10 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2024 15:12:09 UTC.