Company File · BSE 532461 · Latest filing Q2 FY27
Standalone = this company only. Consolidated = including its subsidiaries.
Punjab National Bank
Data as of 19 Oct 2026 close · BSE · Latest results Q2 FY27
ISIN INE160A01022 · PNB · Financial Services › Banks
About the business
What does PNB do? Punjab National Bank is one of India's largest government-owned banks. It offers deposits, home, vehicle, farm & personal loans, plus loans to businesses, through a large branch network across India. In 2020 it absorbed Oriental Bank of Commerce & United Bank of India.
Price & valuation · BSE close, 19 Oct 2026
Below its usual level
Book value ₹140 a share
- NII growth
- +10.8%
- Profit growth
- +15.1%
- Gross NPA
- 2.55%
- Net NPA
- 0.25%
- Price/book
- 0.87×
- Usual P/B
- 0.9×
- ROA
- 1.13%
- ROE
- 15.2%
- CET1
- 14.45%
- Promoter
- 70.08%
- Pledged
- 0.00%
Earnings callsNo earnings-call transcript from Punjab National Bank in our data yet. When it files one on BSE, the call notes appear here within a few hours. See its call page
Is it expensive, and is it a good business?
Key ratios
In short Priced below its own usual level (P/B 0.87× vs 0.9×), earns about 15.2% a year on shareholders' money (ROE, an estimate) & has gross NPA of 2.55% of its loans.
What you pay Valuation
The share price is 0.9 times the accounting value of each share. Below its 1-year median of 0.9×.
Latest BSE close ÷ book value per share (equity ÷ shares) on the latest balance-sheet date. As of 19th October 2026.
Each share is backed by about ₹140 of net assets on the books.
Shareholders' equity ÷ shares. As of 30th September 2026.
The company paid ₹3.00 a share in the last 12 months (1 payout), 2.47% of today's share price.
Dividends per share with an ex-date in the last 12 months (restated for any split or bonus since) ÷ the latest BSE close. As of 19th October 2026.
How it is doing Growth, bad loans & returns
NII was 10.8% higher than in Q2 FY26.
Latest quarter's net interest income (interest earned less interest expended) vs the same quarter a year earlier. As of 30th September 2026.
Profit was 15.1% higher than in Q2 FY26.
Latest quarter's profit vs the same quarter a year earlier (the shareholders' share when the filings give it for both). As of 30th September 2026.
2.55% of its loans were 90 days or more overdue at the end of Q2 FY27.
Gross NPA % as the bank reports it with its results, at the end of the quarter. As of 30th September 2026.
After the provisions set aside for them, bad loans came to 0.25% of its loans at the end of Q2 FY27.
Net NPA % as the bank reports it with its results, at the end of the quarter. As of 30th September 2026.
Each ₹100 of its assets earned about ₹1.13 in a year, on Q2 FY27's profit.
Latest quarter: the quarter's profit, a year's worth (× 4), ÷ average total assets on the two latest balance sheets. An estimate, as balance sheets come every six months. As of 30th September 2026.
Each ₹100 of shareholders' money earned about ₹15.2 in a year, on Q2 FY27's profit.
Latest quarter: the quarter's profit, a year's worth (× 4), ÷ average shareholders' equity on the two latest balance sheets. An estimate, as balance sheets come every six months. As of 30th September 2026.
Its core capital was 14.45% of its risk-weighted assets at the end of Q2 FY27.
Common equity tier 1 capital ÷ risk-weighted assets, as the bank reports it with its results. As of 30th September 2026.
Who owns it Ownership & more
The founders or parent group own 70.08% of the company.
Promoter & promoter group shareholding from the latest shareholding pattern filed with BSE. As of 30th September 2026.
Promoter holding did not change over the last quarter.
Latest quarter's promoter holding minus the previous quarter's. As of 30th September 2026.
Promoter holding, quarter by quarter
- Sep 202670.08%
- Jun 202670.08%
- Mar 202670.08%
- Dec 202570.08%
- Sep 202570.08%
Promoters reported no pledged shares.
Promoter group shares pledged ÷ all the promoter group's shares, from the shareholding pattern filed with BSE each quarter (other encumbrances, such as non-disposal undertakings, are not counted). As of 30th September 2026.
Pledged, quarter by quarter
- Sep 20260.00%
- Jun 20260.00%
- Mar 20260.00%
- Dec 20250.00%
- Sep 20250.00%
Each share has a face (nominal) value of ₹2. It matters for dividends quoted as a percentage, not for valuation.
Face value per share as BSE lists it today.
About 1149.29 crore shares were in issue.
BSE's count of listed shares (BSE's market cap ÷ its price), so splits, bonuses & new shares since the latest results are included. As of 19th October 2026.
Your ratios
Ratios you added. Your choices are remembered on this device.
The stock market values the company at about ₹1,39,812 crore.
Latest BSE close × BSE's count of listed shares. As of 19th October 2026.
Buying the whole business, including its debt and keeping its cash, would cost about ₹1,24,431 crore.
Market value + borrowings − cash & bank balances. As of 19th October 2026.
Over the last four quarters the group earned ₹21,315 crore after tax; ₹22,861 crore of that belongs to the company's own shareholders, the rest to minority shareholders in its subsidiaries.
Sum of the last four quarters' profit attributable to the company's own shareholders (after minority interests), as reported. As of 30th September 2026.
Each share earned about ₹19.85 over the last year.
Sum of the last four quarters' basic EPS. Uses earnings per share from continuing operations, so a one-off gain from selling a business does not flatter it. As of 30th September 2026.
Each share is backed by about ₹140 of net assets on the books.
Shareholders' equity ÷ shares. As of 30th September 2026.
Needs four consecutive quarters.
EBITDA ÷ revenue over the last four quarters. As of 30th September 2026.
About ₹16.7 of every ₹100 of sales became profit last quarter.
Profit after tax ÷ revenue for the latest quarter. As of 30th September 2026.
Sales were 8.5% higher than a year earlier.
Latest quarter's revenue vs the same quarter last year. As of 30th September 2026.
Profit was 15.1% higher than a year earlier.
Latest quarter's profit after tax vs the same quarter last year (continuing operations when a one-off discontinued item exists). As of 30th September 2026.
No accepted balance sheet for this basis yet.
Current assets ÷ current liabilities. As of 30th September 2026.
Needs four consecutive quarters.
Trade receivables ÷ last 12 months' revenue × 365. As of 30th September 2026.
Needs four consecutive quarters.
Inventories ÷ last 12 months' revenue × 365. As of 30th September 2026.
60.3% of pre-tax profit came from other income (interest, dividends, gains).
Other income ÷ profit before tax, last 12 months. As of 30th September 2026.
Each ₹1 of profit brought in ₹1.39 of operating cash.
Latest full year's cash from operations ÷ profit after tax. As of 31st March 2026.
Cash exceeds borrowings by ₹15,380 crore.
Cash & bank balances − borrowings. As of 30th September 2026.
The company paid about 24.4% of its pre-tax profit as tax.
Tax expense ÷ profit before tax (continuing operations), last 12 months. As of 30th September 2026.
Needs four consecutive quarters.
Revenue − expenses + finance costs + depreciation, last four quarters. As of 30th September 2026.
Needs five financial years of cash flows.
Sum over five financial years of (cash from operations − capital expenditure).
Needs a full-year cash-flow statement.
Purchase of property, plant & equipment, latest full year. As of 31st March 2026.
Borrowings stood at ₹1,37,836 crore.
Current + non-current borrowings. As of 30th September 2026.
Foreign institutions own 6.66%.
Foreign institutional holding from the latest shareholding pattern. As of 30th September 2026.
Domestic institutions own 16.13%.
Domestic institutional holding (mutual funds, insurers, banks, pension funds). As of 30th September 2026.
The highest price in the last year was ₹135.15.
Highest intraday BSE price in the last 12 months (raw, not adjusted). As of 19th January 2026.
The lowest price in the last year was ₹98.5.
Lowest intraday BSE price in the last 12 months (raw, not adjusted). As of 18th May 2026.
The share price moved 3.0% over the last year.
Close today ÷ close a year ago − 1 (raw prices, dividends not included). As of 19th October 2026.
About 15% of the last year's earnings per share was paid out as dividends.
Dividends per share with an ex-date in the last 12 months ÷ the last four quarters' EPS. As of 30th September 2026.
Needs four financial years of results (three years of growth).
Compound annual growth in revenue over three financial years.
Needs four financial years of results (three years of growth).
Compound annual growth in profit after tax over three financial years.
Tap the i beside any ratio for a plain explanation.
How these are worked out
Price-based ratios use the latest BSE close (19th October 2026). Share count 1149.29 crore, from paid-up capital in the 19th October 2026 filing. Figures are consolidated.
What you pay: Banks & other lenders are valued on their books, so P/B (price ÷ book value per share) stands where P/E would.
How it is doing: Growth is on the same period a year earlier. Gross & net NPA are bad loans as a share of all loans: lower is better. ROA & ROE take the latest results' profit for a year on the average of the two latest balance sheets. CET1 is the bank's core capital: more of it means more room to lend.
Who owns it: A steady promoter stake with nothing pledged is a calm sign.
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Last 4 quarters ₹ crore · Consolidated
| ₹ crore | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|
| Interest earned | 32,889 | 32,798 | 33,589 | 35,267 |
| Net interest income (NII) | 10,725 | 10,579 | 11,006 | 11,803 |
| Operating profit before provisions | 7,570 | 7,521 | 7,663 | 7,564 |
| Provisions | 1,130 | 379.9 | 554.7 | 75.4 |
| Profit after tax | 5,190 | 5,225 | 5,339 | 5,561 |
| Profit for shareholders | 5,556 | 5,592 | 5,815 | 5,898 |
| Gross NPA (% of loans) | 3.19% | 2.95% | 2.78% | 2.55% |
| Basic EPS (₹) | 4.83 | 4.83 | 5.06 | 5.13 |
Where a bank's consolidated results leave out gross & net NPA or CET1, or give one far out of line with its standalone results, the standalone figure for the same quarter is shown (banks report these on their own loan book).
Latest filings BSE
Corporate announcements 22
- 16 Oct 2026Press Release / Media Release
- 16 Oct 2026Board Meeting Outcome for Outcome Of Board Meeting
- 14 Oct 2026Award of Order Receipt of OrderAward of Order / Receipt of Order
Quarterly results 1
Conference calls 16
- 16 Oct 2026Analyst / Investor Meet - Outcome
- 13 Oct 2026Analyst / Investor Meet - Intimation
- 29 Sep 2026Analyst / Investor Meet - Outcome
Investor presentations 2
- 16 Oct 2026Investor Presentation
- 19 Aug 2026Investor Presentation
Members see every filing, and what each means for the company in Corporate Intelligence.
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