PNB

Punjab National Bank

NSE: PNB BSE: 532461 SECTOR: Bank - Public  279k   1k   593

52.30
+0.60 (1.16%)
NSE: 02 Jun 03:59 PM

Price Summary

Today's High

₹ 52.5

Today's Low

₹ 51.8

52 Week High

₹ 62

52 Week Low

₹ 28.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 57587.61 Cr.

CASA %

46.56

No. of Shares

1101.1 Cr.

P/E

22.97

P/B

0.63

Face Value

₹ 2

Div. Yield

1.24 %

Book Value (TTM)

₹  83.01

Net Interest Income

₹ 28694.46 Cr.

Cost To Income %

49.38

Promoter Holding

73.15 %

EPS (TTM)

₹  2.28

CAR %

14.5

ROE

4.02 %

ROCE

5.28%

Profit Growth

71 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Index Presence

The company is present in 31 Indices.

BANKNIFTY

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NIFTYJR

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NIFTYMIDCAP

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NIFTYALPHA

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NIFTY100WEIGHT

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NIFTY100

Nifty 100
18457
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NIFTY500

Nifty 500
15811.2
  50.8500000000004 (0.32264511892186%)

NIFTYMIDCAP150

Nifty Midcap 150
12705.4
  57.4499999999989 (0.454223807020093%)

NIFTYMIDSMALL400

Nifty MidSmallcap 400
11754.25
  54.25 (0.463675213675208%)

NIFTYLGEMID250

NIFTY LargeMidcap 250
10548.15
  38.75 (0.368717529069218%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
10437.3
  39.0499999999993 (0.375543961724323%)

NIFTY200

Nifty 200
9741.4
  29.4499999999989 (0.30323467480784%)

MIDCAP50

Nifty Midcap 50
9629.65
  70.1499999999996 (0.733824990846799%)

NIFTYTOTALMCAP

Nifty Total Market index
8821.8
  29.6499999999996 (0.337232645029939%)

NIFTYMIDSELECT

Nifty Midcap Select
7872.5
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NIFTYPSUBANK

Nifty PSU Bank
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NIFTYHIGHBETA

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2356.09
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NIFTYHOUSING

Nifty Housing Index
7952.58
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BSE500

S&P Bse 500
25122.99
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BSEPSU

S&P Bse PSU
10400.84
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MID150

S&P Bse 150 MidCap
9565.69
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BSE200

S&P Bse 200
7982.18
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LMI250

S&P Bse 250 LargeMidCap
7545.15
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MSL400

S&P Bse 400 MidSmallCap
7262.7
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ALLCAP

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7237.51
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LRGCAP

S&P Bse LargeCap
7043.18
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BSE100LARGECAPTMC

S&P Bse 100 LargeCap TMC
6709.51
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SPBSEVIP

S&P Bse Enhanced Value
499.16
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FIN

S&P Bse Finance
9147.35
  22.5 (0.246579395825686%)

S&P LARGEMIDCAP

S&P Bse Large MidCap
7500.84
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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

ROE%

1 Year4.02%
3 Year2.52%
5 Year-10.05%

ROA%

1 Year0.27%
3 Year0.17%
5 Year-0.49%

Net NPA%

1 Year4.8%
3 Year5.44%
5 Year6.82%

 NIM

1 Year2.33%
3 Year2.38%
5 Year2.3%

CAR %

14.5

Cost of Liabilities %

3.87491249832214

PEG Ratio

0.37

Advances Growth %

8.00254937958194

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 73.15 0
Dec 2022 73.15 0
Sep 2022 73.15 0
Jun 2022 73.15 0
Mar 2022 73.15 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • CASA stands at 46.5578109378916% of total deposits.
  • The company has delivered good Profit growth of 32.8851191559156% over the past 3 years.

 Limitations

  • The bank has a very low ROA track record. Average ROA of 3 years is 0.167889980793555%
  • Company has a low ROE of 2.51896633192629% over the last 3 years.
  • The Bank has a high NPA ; Average NPA of the last 3 years stands at 5.43666666666667%.
  • High Cost to income ratio of 49.3792085535423%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Interest Earned 18645.12 18757.04 20154.02 22384.44 23848.61
Other Income 2450.05 2536.99 2847.24 3337.96 3420.34
Interest Expended 11340.99 11214.2 11883.34 13205.08 14349.86
Operating Expenses 4489.42 4700.62 5550.71 6801.42 7052.66
Total Provisions 4851.47 4790.19 4906.38 4713.34 3830.58
Profit Before Tax 413.29 589.02 660.83 1002.56 2035.85
Tax 211.72 280.58 249.56 373.68 877.24
Net Profit 201.57 308.44 411.27 628.88 1158.61
Net NPA % 4.8 4.28 3.8 3.3 2.72
Gross NPA % 11.78 11.27 10.48 9.76 8.74
Return on Assets % 0.06 0.09 0.12 0.17 0.32
NPM % 1.08 1.64 2.04 2.81 4.86

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Interest Earned 47995.77 51310.25 53800.03 80818.4 74879.54
Other Income 8880.87 7377.41 9274.13 11922.31 12319.96
Interest Expended 33073.36 34153.94 36362.24 50272.79 46185.08
Operating Expenses 13509.07 11538.48 11973.37 20308.75 20252.6
Total Provisions 29869.28 28341.01 13999.56 18679.78 16445.43
Profit Before Tax -19575.08 -15345.77 738.98 3479.4 4316.39
Taxes -7292.26 -5370.28 402.79 1457.78 859.43
Net Profit -12282.82 -9975.49 336.19 2021.62 3456.96
Adjusted EPS (Rs.) -44.49 -21.67 0.5 1.93 3.14

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 552.11 920.81 1347.51 2095.54 2202.2
Total Reserves 40522.19 43866.32 61009.97 88841.77 93284.69
Deposits 642226.19 676030.14 703846.32 1106332.47 1146218.45
Borrowings 60850.75 39325.92 50225.43 42840.31 45681.41
Other Liabilities 21678.86 14806.29 14236.68 20522.52 27418.27
Total Liabilities 765830.1 774949.46 830665.91 1260632.62 1314805.02
Assets
Balance with RBI 28789.03 32129.13 38397.85 43958.83 56636.12
Balance with Banks 66672.97 43158.91 37595.18 67390.88 76010.66
Investments 200305.98 202128.22 240465.64 392983.25 372167.76
Advances 433734.72 458249.2 471827.72 674230.08 728185.68
Net Block 6349.33 6224.85 7239.07 11020.9 10673.61
Other Assets 29978.07 33059.15 35140.45 71048.68 71131.2
Total Assets 765830.1 774949.46 830665.91 1260632.62 1314805.02
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 73.15 73.15 73.15 73.15 73.15
president of india - - - 62.25 57.04
central govt /stat... 70.22 - 62.25 - -
central government... - - - - -
government of indi... - - - - -
government of indi... - - - - -
central government... - - - - -
central govt/state... - 66.09 - - -
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 26.85 26.85 26.85 26.85 26.85
life insurance cor... 8.89 11.00 12.24 12.24 13.93
hdfc trustee compa... - - 3.89 - 4.21
hdfc trustee compa... - - - 3.86 -
hdfc trustee compa... - 3.45 - - -
hdfc trustee compa... 2.77 - - - -
lazard emerging ma... - - 1.95 1.64 2.21
quant mutual fund ... - - - - -
reliance capital t... - - 1.03 - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Punjab National Bank informs about analyst meet 20 May 2023, 11:51AM Punjab National Bank reports over 7-fold jump in Q4 consolidated net profit 19 May 2023, 4:25PM PNB - Quaterly Results19 May 2023, 2:58PM PNB - Quaterly Results19 May 2023, 2:58PM PNB - Quaterly Results19 May 2023, 2:58PM Punjab National Bank informs about cessation of GCRO4 May 2023, 2:39PM Punjab National Bank to infuse Rs 72.82 crore in Druk PNB Bank 28 Apr 2023, 11:15AM Punjab National Bank informs about confirmation certificate6 Apr 2023, 5:28PM PNB to raise capital up to Rs 12000 crore through bonds30 Mar 2023, 2:02PM Punjab National Bank raises Rs 974 crore on private placement basis28 Mar 2023, 10:10AM Punjab National Bank inks MoU with Central Warehousing Corporation10 Mar 2023, 2:41PM Punjab National Bank informs about revision in MCLR28 Feb 2023, 4:49PM Punjab National Bank informs about press release27 Feb 2023, 1:23PM Punjab National Bank informs about revision in RLLR9 Feb 2023, 12:33PM Punjab National Bank reports 43% fall in Q3 consolidated net profit 30 Jan 2023, 4:58PM PNB - Quaterly Results30 Jan 2023, 2:33PM PNB - Quaterly Results30 Jan 2023, 2:33PM PNB - Quaterly Results30 Jan 2023, 2:33PM Punjab National Bank informs about newspaper publication9 Jan 2023, 5:11PM Punjab National Bank raises Rs 582 crore by issuing bonds on private placement basis24 Dec 2022, 10:34AM Punjab National Bank informs about cessation of executive director1 Dec 2022, 11:09AM PNB gets approval from DIPAM to divest stake in UTI AMC 25 Nov 2022, 12:44PM PNB launches special fixed deposit scheme for 600 days 14 Nov 2022, 3:07PM Punjab National Bank reports 70% fall in Q2 consolidated net profit1 Nov 2022, 5:19PM PNB - Quaterly Results1 Nov 2022, 1:54PM PNB - Quaterly Results1 Nov 2022, 1:54PM PNB - Quaterly Results1 Nov 2022, 1:54PM Punjab National Bank informs about newspaper publication 31 Oct 2022, 4:34PM PNB rolls out WhatsApp banking for customers, non-customers4 Oct 2022, 9:58AM Punjab National Bank to sell entire stake in ARCIL 30 Sep 2022, 4:00PM Punjab National Bank raises Rs 658 crore through bonds 22 Sep 2022, 12:30PM PNB to sell NPA account Apollo Distilleries & Breweries27 Aug 2022, 12:52PM PNB rolls out pre-qualified credit card23 Aug 2022, 9:37AM Punjab National Bank partners with Indian Coast Guard19 Aug 2022, 2:57PM Punjab National Bank informs about analyst meet30 Jul 2022, 12:55PM PNB aiming Rs 32,000 crore recoveries from resolution of bad loans in current fiscal30 Jul 2022, 12:32PM PNB - Quaterly Results28 Jul 2022, 7:40PM PNB - Quaterly Results28 Jul 2022, 7:40PM PNB enters into MoU with Assam Rifles 20 Jul 2022, 9:26AM PNB’s arm declares bonus of Rs 594 crore in FY22 to eligible policyholders15 Jul 2022, 11:18AM PNB goes live on Account Aggregator platform14 Jul 2022, 3:00PM Punjab National Bank informs about confirmation certificate8 Jul 2022, 3:46PM Punjab National Bank inks MoU with Indian Air Force 7 Jul 2022, 2:43PM PNB raises Rs 2,000 crore by issuing Basel III compliant bonds7 Jul 2022, 2:05PM Punjab National Bank informs about loss of share certificate24 Jun 2022, 3:38PM Punjab National Bank informs about credit rating24 Jun 2022, 1:44PM Punjab National Bank discontinues incentive on fuel purchases via digital modes17 Jun 2022, 9:41AM PNB gets nod for investment of up to Rs 500 crore in rights issue of PNB Housing Finance8 Jun 2022, 10:42AM PNB earns over Rs 645 crore through ATM transaction charges in FY2223 May 2022, 9:39AM PNB’s arm launches dental health insurance plan17 May 2022, 10:30AM

PNB Stock Price Analysis and Quick Research Report. Is PNB an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how PNB is performing and if it is the right time to buy the stock of PNB with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. PNB has earned Rs 74879.5369 Cr. revenue in the latest financial year. It has posted decent revenue growth of 13.4277012427253 % in last 3 Years.

  • In terms of advances, the bank reported 8.00254937958194 % YOY,  rise . If you see 3 years advance growth, it stands at 16.6935371135564 %.

  • Currently the company has a CASA ratio of 46.5578109378916 %. It’s overall cost of liability stands at 3.87491249832214 %. Also, the total deposits from these accounts stood at Rs 1146218.4496 Cr.

  • The Bank has a Poor ROA track record. The ROA of PNB is at 0.268456401231105 %.

  • The Lender is inefficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 11.78 % and 4.8 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -11.9613324570132 % which means it has decreased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of PNB surged and is currently at Rs 12319.9579 Cr.

  • The company has a Good Capital Adequacy Ratio of 14.5 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently PNB is trading at a P/B of 0.6299 . The historical average PB was 0.608812214371845.

Brief about PNB

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