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Swing Capital

Punjab National Bank

NSE: PNB BSE: 532461Banking

Punjab National Bank is India's first Swadeshi Bank. PNB is a Banking and Financial service bank owned by the Government of India with its headquarters is in New Delhi, India. It is the Second largest PSU after SBI.[1]

₹99.8
52W: ₹98.6 — ₹135
PE 6.82 · Book ₹124 · -20% vs book
Market Cap₹1,14,642 Cr
Stock P/E6.82Price to Earnings
ROCE6.09%Return on Capital
ROE12.5%Return on Equity
Div. Yield2.97%Face Value ₹2

Strengths

  • +Stock is trading at 0.80 times its book value
  • +Company has delivered good profit growth of 52.7% CAGR over last 5 years
  • +Company has been maintaining a healthy dividend payout of 20.2%

Weaknesses

  • −Company has low interest coverage ratio.
  • −The company has delivered a poor sales growth of 9.67% over past five years.
  • −Company has a low return on equity of 11.8% over last 3 years.
  • −Contingent liabilities of Rs.6,91,757 Cr.
  • −Company might be capitalizing the interest cost
  • −Promoter holding has decreased over last 3 years: -3.07%

Shareholding Pattern

Promoters70.08%
FIIs6.39%
DIIs16.05%
Public7.48%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters73.15%70.08%▼3.170.08%70.08%70.08%70.08%70.08%70.08%
FIIs5.51%8.42%▲2.95.7%▼2.75.71%▲0.05.52%▼0.25.67%▲0.25.93%▲0.36.39%▲0.5
DIIs10.76%11.61%▲0.814.31%▲2.714.67%▲0.415.06%▲0.415.54%▲0.516.09%▲0.616.05%▼0.0
Public10.57%9.89%▼0.79.91%▲0.09.54%▼0.49.34%▼0.28.7%▼0.67.91%▼0.87.48%▼0.4

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales0000000000
Expenses9,3759,7838,8178,5237,5389,0579,0888,2279,2247,466
Operating Profit0000000000
OPM %0%0%0%0%0%0%0%0%0%0%
Net Profit2,2233,0103,2524,3034,5084,5671,6754,9045,1005,225
EPS ₹2.022.732.953.743.923.971.464.274.444.55

AI Insights

Revenue Trend

Mar 2026 revenue at ₹0Cr, up 0% YoY. OPM at 0%.

Debt Position

Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Institutional Flow

DIIs: 16.05% (+2.61pp change). FIIs: 6.39% (+4.57pp change). Promoters hold 70.08%.

Margin & Efficiency

ROCE improving from 0% (Mar 2015) to 0% (Mar 2026). Working capital days: 0.

Valuation

PE 6.82x with 6.09% ROCE. Price is -20% above book value of ₹124. Dividend yield: 2.97%.

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