UCOBANKNSE3 May 2023

UCO Bank has informed the Exchange about Investor Presentation

UCO Bank

यूको बैंक सम्मान आपके विश्वास का

UCO BANK Honours Your Trust

________________________________________________________________________________

HO/Finance/Share/26/2022-23 Date: 03.05.2023

National Stock Exchange of India Ltd. “Exchange Plaza” Plot no. C/1, G Block Bandra-Kurla C omplex, Bandra (E) Mumbai – 400 051 NSE Scrip Symbol: UCOBANK

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street,Fort, Mumbai – 400 001 BSE Scrip Code: 532505

Madam/ Dear Sir,

Sub: Presentation on Audited Financial Results for the quarter and year ended 31st March, 2023

We enclose Presentation on Audited Financial Results for the quarter and year ended 31st March, 2023.

Kindly take the same on your records.

Yours faithfully,

(N Purna Chandra Rao) Company Secretary

Encl : as stated

UCO Bank, Finance Department, Head Office, 3rd Floor, 02, India Exchange Place, Kolkata – 700 001 Phone: 033 - 44557227, E-mail: hosgr.calcutta@ucobank.co.in

Follow UCO Bank onTwitter: UCOBankOfficial; Facebook: Official.UCOBank; Instagram: Official.ucobank;

LinkedIn: UCO BANK; You Tube: UCO Bank Official

UCO BANK

Financial Results FY 22-23

UCO BANK Touching New Heights

Highest Business

Highest Deposits

Highest Advances

Highest (NII) in a Qtr.

Highest Net Profit in a FY

₹410967 Cr.

₹ 249338 Cr.

₹ 161629 Cr.

₹ 1972 Cr.

₹ 1862 Cr.

Contents

Highlights: March 2023

Business Performance

Financials

Asset Quality

Capital & Shareholding

Digital Journey

Our Presence

Domestic Branches

Overseas Branches

ATM

BCs

3205

2+1 Rep. off.

2422

5442

South, 333

Central, 533

North, 848

North East, 215

West, 303

East, 973

19.47%

Urban, 624

Metro, 600

Semi urban, 862

26.90%

(34.91%)

Rural, 1119

Highlights March 23

Major Highlights

Total Business

₹ 410967 Cr. 16.14% (Y-Y)

Net Profit Qtr.

₹581 Cr. 86.06% (Y-Y)

Total Advance

₹ 161629 Cr. 24.54% (Y-Y)

Total Deposit

₹ 249338 Cr. 11.28% (Y-Y)

Net NPA

1.29 %

CRAR

16.51%

Business & CASA

Business ( ₹ in Cr.)

353850 356677

377305

410967

394229

CASA Global ( ₹ in Cr.)

91098

89820

91724

88331

87276

Mar-22

Sep-22 Dec-22 Mar-23 Gross Advance 129777 131350 142156 151059 161629 Total Deposit 224073 225328 235149 243170 249338 Total Business 353850 356677 377305 394229 410967

Jun-22

Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Current Deposit 11169 10628 12071 9778 Savings Deposit 77162 77498 79027 79948 81096 CASA 88331 87276 91098 89820 91724

9872

Key Financials

Operating Profit (Qtr)

₹ in (Cr)

1354

1357

950

Net Profit (Qtr)

₹ in (Cr)

653

581

505

310

312

205

124

102

Mar-22

Dec-22

Mar-23

Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23

Non Interest Income(Qtr.) ₹ in (Cr)

823

960

589

Net Interest Income (Qtr)

₹ in (Cr)

1413

1460

1763

1598

1652

1650

1770

1952

1972

Mar-22

Dec-22

Mar-23

Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23

Improving Asset Quality

PCR (%)

91.30

91.44

91.96

88.40

88.53

90.02

92.90

93.58

94.50

Cash Recovery + Recovery in Written off A/c

Recovery (Qtr.) ₹ in Cr

Upgradation

739

817

860

Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23

Net NPA (%)

Gross NPA %

9.59

9.37

8.98

8.00

7.89

7.42

6.58

5.63

3.94

3.85

3.37

2.81

2.70

2.49

1.99

1.66

4.78

1.29

255

184

135

Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23

Mar-22

Dec-22

Mar-23

Business Performance

Business Growth

₹ in (Cr)

Business Mix

(Deposits + Advances)

Mar-22

Dec-22

Mar-23

Q-Q (%)

Y-O-Y (%)

Global Business

Domestic

Overseas

Global Deposits

Domestic

Overseas

353850

394229

410967

333318

20532

224073

217720

6353

364985

29244

243170

235048

8122

380173

30795

249338

240741

8597

Global Advances (Gross )

129777

151059

161629

Domestic

Overseas

CD Ratio (%)

115598

129937

139432

14179

57.92

21122

62.12

22198

64.82

4.25

4.16

5.30

2.54

2.42

5.85

7.00

7.31

5.09

16.14

14.06

49.98

11.28

10.57

35.32

24.54

20.62

56.55

Global Deposits

Particulars

Mar-22 Dec-22 Mar-23

₹ in (Cr)

Growth

Q-Q

Y-Y

Current Deposits

10624

9308

10037

7.84

(5.52)

Saving Deposits

77037

79876

81017

1.43

5.17

CASA

87661

89185

91054

2.10

3.87

Term Deposits

130059

145864

149687

2.62

15.09

Overseas Deposits

6353

8122

8597

5.85

35.32

Global Deposits

224073 243170 249338

2.54

11.28

CASA Domestic (%)

40.26

37.94

37.82

CASA Global (%)

39.42

36.94

36.79

CASA Global (%)

Mar-23, 36.79

Mar-22, 39.42

Dec-22, 36.94

Savings A/c (In Cr.)

4.12

3.90

Mar-22

Mar-23

RAM (Domestic Advance)

₹ in (Cr)

Mar-22

Dec-22 Mar-23

₹ in (Cr)

Growth (Y-Y) %

Gross Advance (Domestic)

Of Which

115598

129937 139432

20.62

Retail Advance

29305

32375

35039

19.57

Agriculture Advance

18835

20627

21775

15.61

MSME Advance

24430

26625

28815

17.95

Total RAM

72570

79627

85629

18.00

RAM % to Gross Advance (Domestic)

62.78% 61.28% 61.41%

Retail Agri MSME Corporate & Others

44%

47%

19%

14%

23%

18%

14%

13%

21%

22%

Mar-22

Dec-22

Mar-23

Retail Growth

Retail Advance As on March 2023 (₹ in Cr)

Particulars

Mar-22

Dec-22

Mar-23

Home Loan

Car Loan

Personal Loan

Others

Total (Including Pool & Co-Lending)

16780

18908

19964

1888

949

2166

1079

2309

1136

10884

11063

12362

Growth (Y-Y) %

18.97

22.30

19.70

13.58

Home Loan Car Loan

Personal Loan Others

Mar-22

36%

55%

30501

33216

35771

17.28

Mar-23 Home Loan Car Loan Personal Loan Others

35%

56%

Priority Sector Advance

Industry

Mar-22

Dec-22

Mar-23

Agriculture

Out of which, S&MF

MSME

Out of which, Micro

Housing Loan

Education Loan

Others

PSLC General Sold

25385

12790

22045

12676

11697

819

1134

1600

24583

13638

26724

16654

9777

848

3091

25319

14268

24710

13403

10145

861

3476

Total Priority Sector Advances

59480

65023

64511

ANBC

116040

124980

124236

Y-O-Y (%)

-0.26

11.56

12.09

5.74

(13.27)

5.13

(406.53)

8.46

7.06

₹ in (Cr)

% to ANBC

20.38

11.48

19.89

10.79

8.17

0.69

2.80

51.93

MSME Portfolio Mix

Segment Mix

Mar-22

Medium 1262 Small 9288 Micro 16042

Dec-22 Mar-23 1202 9315 18362

656 10941 19207

Performance under PMMY

₹ in (Cr)

Amount Sanctioned

Amount Disbursed

FY’22

FY’23

2877

4219

1928

4178

PM SVANidhi

FY’22

FY’23

Amount Sanctioned

Amount Disbursed

Performance under GECL Facility

GECL

FY’22

FY’23

Amount Sanctioned

Amount Disbursed

1166

940

Standup India

FY’22

FY’23

Amount Sanctioned

Amount Disbursed

121

115

154

136

Rating Mix

Rating Grade

Mar-22

% Share

Dec-22

% Share

Mar-23

% Share

₹ in (Cr)

AAA

BBB

Below BBB

Total Rated

11537

7284

8226

4304

3082

33.51

21.15

23.89

12.50

8.95

18618

10121

10295

3138

3202

41.03

22.31

22.69

6.92

7.06

22964

10659

10280

3949

3358

44.84

20.81

20.07

7.71

6.56

34433

26.53

45374

30.04

51210

31.68

Govt. Garanteed

11097

8.55

11021

7.30

10534

6.52

Total Rated + Govt. Guaranteed

45530

35.08

56395

37.33

61744

38.20

Unrated

Total Advances

4108

129777

3.17

3824

2.53

3108

1.92

151059

161629

Investment Portfolio

Particulars

Mar-22

Dec-22

Mar-23

₹ in (Cr)

Domestic Investments

a. SLR

b. Non SLR

 Certificate of Deposits

 Shares & VCF

 Bond & Debentures

 Others ( SR & RRB shares)

SLR as % to Domestic Investment

Overseas Investments

Total Gross Investments

96818

69171

27647

1123

25015

1509

71.44

2227

99045

97918

69120

28798

1124

1071

25199

1404

70.59

2708

100626

94692

67572

27120

537

940

24347

1296

71.36

2976

97668

Investment Portfolio

Domestic Investment

AFS

HTM

75265

73535

67215

Mar-22 (Domestic)

Govt. sec, 71.44%

Others, 1.60%

Debentures & Bond, 25.84%

Shares, 1.12%

29729

22653

21157

Subsidiaries & Joint Ventures, 0.21%

Mar-23 (Domestic)

Others, 2.20%

Govt. sec, 70.93%

Mar-22

Dec-22

Mar-23

Debentures & Bond, 25.71%

Shares, 0.95%

Financials

Balance Sheet

CAPITAL & LIABILITIES

31.03.2022

31.12.2022

31.03.2023

₹ in (Cr)

Capital

Reserves & Surplus

Deposits

Borrrowings

Other Liabilities & Provisions

Total

ASSETS

Cash and Balances with RBI

Balances with Banks and Money at Call and Short Notice

Investments

Advances

Fixed Assets

Other Assets

Total

11956

11637

224073

13508

6610

267784

10288

15860

96874

122784

3335

18643

267784

11956

13199

243170

22084

6104

296513

11952

19238

97957

144896

3423

19047

296513

11956

13808

249338

20501

5260

300863

10300

18428

95169

155870

3510

17586

300863

Operating Revenues

Sl.

Parameters

Quarter Ended

Year Ended

Mar-22

Dec-22

Mar-23

Y-O-Y (%) FY 21-22 FY 22-23 Y-O-Y(%)

₹ in (Cr)

1 Interest Income

2 Interest Expenses

3773

2120

4627

2675

4987

3015

32.20

42.21

3 NII (1-2)

1652

1952

1972

19.35

4 Non-Interest Income

589

823

5 Operating Expenses

1292

1421

i. Staff Expenses

ii. Other Operating

Expenses

6 Operating Profit (3+4-5)

7 Provisions

8 Net Profit

830

461

950

637

312

1047

374

14981

17651

8508

6473

3101

4776

3314

10307

7343

2508

5511

3873

17.82

21.14

13.44

(19.10)

15.38

16.85

960

1575

1058

62.86

21.90

27.36

517

12.06

1462

1638

12.05

1354

1357

42.88

701

653

776

581

21.72

86.06

4797

3868

930

4341

2478

1862

(9.52)

(35.92)

100.30

Net Interest Income

Quarter Ended

Year Ended

₹ in (Cr)

Particulars

Mar-22

Dec-22

Mar-23

Y-O-Y (%) FY 21-22

FY 22-23

Y-O-Y (%)

Interest Income

3773

4627

4987

32.20

14981

17651

17.82

a. From Advances

b. From Investments

c. Others

Interest Expended

a. On Deposits

b. On Borrowings

c. Bonds & Others

2050

1527

196

2120

1992

128

2773

1577

277

2675

2421

159

3039

1563

385

48.23

2.42

96.49

8322

6020

639

10343

24.30

6223

1084

3.37

69.55

3015

42.21

8508

10307

21.14

2658

33.44

8098

9417

16.28

266

(28.52)

399

544

347

(12.98)

Net Interest Income

1652

1952

1972

19.35

6473

7343

13.44

Non Interest Income

Particulars

a) Fee Based Income

i. Income from Commission &

Charges

ii. Third Party Product Income

b) Recovery in Written Off

c) Treasury Income

i. Profit on sale of Investments

ii. Profit on Exchange

Transaction

iii. Profit/loss on Revaluation

of Investment

iv. Others

Total (a+b+c)

Quarter Ended

Year Ended

₹ in (Cr)

Mar-22

Dec-22

Mar-23

Y-O-Y (%) FY 21-22 FY 22-23 Y-O-Y (%)

298

286

373

(82)

(217)

589

229

214

458

135

301

284

526

133

1.04

(0.69)

41.67

983

956

1000

1.71

944

(1.26)

107.41

40.86

1546

1624

5.06

(262.69)

(19.43)

(64.36)

571

559

316

(116)

(120.32)

192

183

(65.65)

(41.90)

(123.94)

(314)

(506)

61.34

73.97

45.24

823

960

3101

2508

(19.10)

Provisions

Quarter Ended

Variation (%) over

Year Ended

₹ in (Cr)

Particulars

Mar-22

Dec-22

Mar-23

Y-O-Y (%) FY 21-22

FY 22-23

Y-O-Y (%)

Operating Profit

950

1354

1357

42.88

4797

4341

(9.52)

Provisions for :

NPA

Standard Assets

Others

Income Tax (DTA)

Total Provision

Net Profit /Loss

795

(50)

(280)

172

637

312

220

408

(48.70)

3800

1296

(65.91)

368

701

653

326

776

581

338

(115)

(1091)

(82.54)

(107.33)

89.53

821

1043

27.04

21.75

3868

2478

(35.92)

86.06

930

1862

100.30

Key Financial Indicators (Quarter)

Yield on Advance (%)

Yield on Investment (%)

Yield on Funds (%)

6.47

7.32

7.82

7.99

6.72

6.31

6.22

7.06

7.08

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Cost of Deposit ( %)

4.12

4.36

3.00

Cost of Fund ( %)

3.49

3.79

57.63

Cost to Income ( % )

3.64

53.71

51.22

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Key Financial Indicators (FY)

Yield on Advance (%)

Yield on Investment (%)

Yield on Funds (%)

7.46

6.49

6.90

7.03

6.27

6.64

Mar-22

Mar-23

Mar-22

Mar-23

Mar-22

Mar-23

Cost of Deposit ( %)

Cost of Fund ( %)

Cost to Income ( % )

4.06

3.43

55.94

3.81

3.12

49.89

Mar-22

Mar-23

Mar-22

Mar-23

Mar-22

Mar-23

Efficiency Ratio (Quarter)

NIM Domestic ( %)

3.18

3.08

NIM Global ( %)

2.99

Return on Assets (%) 0.85

0.73

2.90

0.44

2.84

2.73

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Return on Equity (%)

Book Value Per Share (₹)

20.75

17.14

9.74

11.59

12.34

Earning Per Share (₹) 0.55

0.49

11.54

0.26

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Efficiency Ratio (FY)

NIM Domestic (%)

3.03

NIM Global (%)

2.87

2.92

2.81

Mar-22

Mar-23

Mar-22

Mar-23

Return on Assets (%)

0.62

0.34

Return on Equity (%)

14.87

10.98

Mar-22

Mar-23

Mar-22

Mar-23

Productivity Ratio

Business Per Branch ( ₹ in Cr.)

126

128

115

Business Per Employee ( ₹ in Cr.)

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Operating Profit per employee ( ₹ in Lakhs)

6.18

6.24

4.38

Net Profit Per Employee ( ₹ in Lakhs)

2.98

2.67

1.44

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Asset quality

Asset Quality

Item

Mar-22 Dec-22 Mar-23

151059

161629

₹ in (Cr)

Asset Classification (₹ in Cr)

Gross NPA

10237

8506

7726

Net NPA

3316

2407

2018

Gross NPA (%)

7.89

5.63

4.78

Net NPA (%)

2.70

1.66

1.29

Provision Coverage Ratio (%)

91.44

93.58

94.50

129777

119540

142553

153903

Loss Doubtful Sub-Standard Standard Total Advance

Mar-22 665 7290 2283 119540 129777

Dec-22 607 6587 1312 142553 151059

Mar-23 498 6229 1000 153903 161629

Movement of NPA

Item

Quarter Ended

Year Ended

Mar-22

Dec-22

Mar-23

Mar 22

Mar-23

₹ in (Cr)

Opening Balance

Slippages

 Fresh Slippage

 Addition to Existing NPA

Less

Cash Recovery

Upgradation

Write off

Total Reduction

Closing Balance

10042

9359

8506

11352

10237

1446

1299

147

366

255

630

1251

10237

491

307

184

359

184

801

1344

8506

817

472

366

106

334

135

782

1252

7726

860

6123

5376

747

1299

2087

3851

7237

10237

2845

2096

1487

609

1354

678

2575

4607

7726

2978

Cash Recovery +Recovery in Written off

739

NCLT

Mar-2023 (₹ Cr.)

1st List

2nd List

Others

Total

₹ in (Cr)

Exposure to number of accounts referred under IBC (As per RBI List)

133

143

Loan Outstanding

890

2163

13177

16230

Total Provisions Held

890

2163

13139

16192

Provision Percentage (%)

100

99.71

99.76

Fresh Slippage

Retail

Agriculture

281

222

152

MSME

₹ in (Cr)

142

102

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Corporate & Others

Total Fresh Slippage

Slippage Ratio

699

1299

5.01

307

366

1.48

1.32

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Mar-22

Dec-22

Mar-23

Segment NPA

Agriculture & Allied Activities Micro & Small Industries

Medium Industries

₹ in (Cr)

Large Industries

Services

Retail

All others

3913

3509

3323

2515

1832

1009

742

2337

2205

1144

626

684

957

508

605

178

135

Agriculture & Allied Activities Micro & Small Industries Medium Industries Large Industries Services Retail All others

Mar-22 3913 178 49 1009 2515 742 1832

Dec-22 3509 135 43 626 2337 684 1144

Mar-23 3323 93 35 508 2205 605 957

SMA Data

SMA-0

SMA-1

SMA-2

Slippage

₹ in (Cr)

9311

7217

7953

8714

5268

1446

255

Mar-22 9311 7217 255 1446

SMA-0 SMA-1 SMA-2 Slippage

3357

2888

Dec-22 7953 3357 2888 491

491

472

195

Mar-23 8714 5268 195 472

COVID Resolution Framework Outstanding As on 31.03.2023

Resolution Framework 1.0

Resolution Framework 2.0

497

1039

1003

162

₹ in (Cr)

177

MSME

Personal Loans Corporate Loans

MSME

Personal & Small Business

Agriculture Allied

Capital & Shareholding

Capital & Shareholding Pattern

₹ in (Cr)

Share Holding Pattern

Particulars

Mar-22

Dec-22

Mar-23

CET1 Capital

11470

12473

14934

Tier I Capital

11470

12473

15434

Tier II Capital

2895

2961

2818

Total Capital

14365

15434

18252

Risk Weighted Assets

104519

107804

110558

CET1 (%)

Tier I (%)

Tier II (%)

10.97

11.57

13.51

11.57

13.96

2.77

2.75

2.55

Capital Adequacy Basel III (%) (CRAR)

13.74

14.32

16.51

Others, 3.08

DIIs, 1.37

FIIs, 0.16

Govt., 95.39

As on 31.03.2023

Share Capital (₹ in Cr.)

Net Worth (₹ in Cr.)

Market Cap (₹ in Cr.)

11956

14015

29053

No of Equity Shares (in Cr.)

1196

Digital Journey

Digital Performance

Debit Cards (In Lakhs)

125

Internet Banking (In Lakhs)

14.96

113

14.31

Mar-22

Mar-23

Mar-22

Mar-23

Mobile Banking ( In Lakhs)

BHIM UCO UPI ( In Lakhs)

6.18

5.51

Mar-22

Mar-23

Mar-22

Mar-23

Digital Progress

Financial Inclusion Growth

PMSBY (In Lakhs)

PMJJBY (In Lakhs)

39.51

18.58

29.95

14.58

Mar-22

Mar-23

Mar-22

Mar-23

 SLBC – 2 (Odisha & Himachal Pradesh)

 LDM – 36

 RSETI – 27 (7 States)

APY Accounts (In Lakhs) 8.28

PMJDY Accounts (In Lakhs)

 FLC- 22

124.25

5.65

 RRB -1 (Paschim Banga Gramin Bank)

113.57

Mar-22

Mar-23

Mar-22

Mar-23

Associate

Sl.

Particulars

1 Business 2 Deposit 3 Advances

4 Net Interest Income (NII) 5 Other Income 6 Total Income (4+5) 7 Operating Expenditure

8 Operating Profit (6-7)

Provision

10 Net Profit (8-9)

11 No of Branches 12 Employee Strength

Paschim Banga Gramin Bank

As on 31.03.2023 (Audited) Amount (₹ in Cr) FY 21-22 9692 6252 3440

Mar-23 Qtr. 10318 6570 3748

Mar-22 Qtr. 9692 6252 3440

Y-o-Y (%) 6.46 5.09 8.95

128.27 5.54 133.81 111.34

22.47

6.77

15.70

126.47 13.56 140.03 152.35

-12.32

19.09

-31.41

- -

-1.4 144.76 4.65 36.83

-155.31

181.98

-300.06

502.9 33.47 536.36 509.74

26.62

126.17

-99.55

230 1023

FY 22-23 10318 6570 3748

514.36 36.04 550.40 575.76

-25.36

29.65

-55.01

230 988

Y-o-Y (%) 6.46 5.09 8.95

2.28 7.68 2.62 12.95

-195.27

-76.50

-44.74

- -

ESG Initiative

Social  Hon’ble President of India laid foundation stone for renovation of Sri Aurobindo Integral Education and Research Centre at Rairangpur, Odisha under CSR initiative of UCO Bank.

 Bank Lending to rural women by providing credit to more than 12 lakhs

rural women through over 1.19 lakh Self Help Group Loans.

Environment

 Solar Panels Installed at New Executive Training Centre of Bank at New town, Kolkata, thereby adopting renewable energy sources.

 Rain water

been harvesting initiated in select offices of the Bank to conserve water.

has

Governance

 Bank has in place a fair, transparent & accountable structure across its hierarchy to safeguard the interests of all stakeholders.

Governance

 Online Grievance Redressal System (OGRS), a web link placed on Bank’s Website for better control and speedy redressal of the complaints received from various sources.

Thank You!

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