Punjab National Bank Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 5.5x vs industry 35.4x)
- ✓Trading below book value (P/B 0.8x)
- ✓Regular dividends — yield 2.8%
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹754 | ₹12.6L Cr | 16 | 1.93 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,440 | ₹10.4L Cr | 18.5 | 2.73 | 17.3 | 7.59 | — |
| SBIN State Bank of India | ₹1,025 | ₹9.6L Cr | 11.6 | 1.59 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹1,056 | ₹6.6L Cr | 34.2 | 5.77 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹424 | ₹5.5L Cr | 9.54 | 3.03 | 37.8 | 35.1 | 0 |
| AXISBANK Axis Bank Limited | ₹1,234 | ₹4.1L Cr | 14.9 | 1.73 | 13.1 | 6.24 | — |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹382 | ₹3.9L Cr | 19.4 | 2.1 | 11.4 | 6.98 | — |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
PNB · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 73.15% | 73.15% | 73.15% | 70.08% | 70.08% | 70.08% |
| FII | 3.10% | 4.82% | 5.51% | 8.42% | 5.70% | 5.71% |
| DII | 13.74% | 12.37% | 10.76% | 11.61% | 14.31% | 14.67% |
| Public | 10.00% | 9.67% | 10.57% | 9.89% | 9.91% | 9.54% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 3 Per Share
Record: 12 Jun 2026
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Dividend - Rs 2.90 Per Share
Dividend - Rs 1.50 Per Share
Record: 21 Jun 2024
Annual General Meeting
Annual General Meeting/Dividend - Rs 0.65 Per Share
Latest News
All news →PNB Housing Finance board meets, no major announcements.
*PNB Housing Finance board meets with no major announcements.* Outcome of the meeting does not disclose any significant financial or strategic decisions. The filing refers to routine board matters under AOA. No material changes reported for investors. 📊 *STOCKS:* PNBHOUSING | 🏢 *SECTOR:* HousingFinance | #LOWIMPACT #BoardMeeting
PNB Housing Finance sees change in directors
*PNB Housing Finance sees change in directors.* The board approved changes in directorship during its recent meeting. No financial impact or strategic shift was indicated. The move is procedural and routine in nature. 📊 *STOCKS:* PNBHOUSING | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Directors
PNB Housing Finance board meeting outcome announced
*PNB Housing Finance board meeting outcome announced* — The company disclosed the outcome of its July 10, 2026, board meeting. Specific details including resolutions passed were filed with the exchange. No major announcements such as fund raising or acquisitions were indicated. 📊 *STOCKS:* PNBHOUSING | 🏢 *SECTOR:* HousingFinance | #LOWIMPACT #BoardMeeting
PNB to hold analyst and investor meet
*PNB to hold analyst and investor meet.* The bank has informed the exchange about the schedule of the upcoming con-call. The event will provide insights into its financial performance and strategic outlook. Investors await key updates on asset quality and growth plans. 📊 *STOCKS:* PNB | 🏢 *SECTOR:* Banking | #LOWIMPACT #PNB
PNB Housing Finance sets dividend record date
*PNB Housing Finance sets dividend record date.* The company has fixed **31-Jul-2026** as the record date for dividend disbursement. Shareholders registered on this date will be eligible for the payout. Final dividend details will be announced in due course. 📊 *STOCKS:* PNBHOUSING | 🏢 *SECTOR:* Banking | #LOWIMPACT #Dividend
PNB posts 13% loan growth, BOI rises 19% in Q1
*PNB posts 13% loan growth, BOI rises 19% in Q1* — Punjab National Bank reported **13%** year-on-year loan growth in Q1, while Bank of India surged **19%**, signaling strong credit demand. Both public sector banks showed improved asset quality and stable net interest margins. The growth reflects recovery in corporate and retail lending. 📊 *STOCKS:* PNB, BANKINDIA | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #LoanGrowth
PNB notifies special window for demat of physical shares
*PNB notifies special window for demat of physical shares* — Punjab National Bank has announced a special window for transfer and dematerialization of physical securities via newspaper publication. This facilitates shareholders holding physical shares to convert them into electronic form. The move aligns with regulatory norms and enhances ease of trading. 📊 *STOCKS:* PNB | 🏢 *SECTOR:* Banking | #LOWIMPACT #demat
PNB, Indian Bank to sustain 12-14% credit growth in FY27
*PNB, Indian Bank to sustain 12-14% credit growth in FY27* amid easing deposit pressures. Analysts expect stable NIMs as funding costs stabilize and credit demand remains robust. Both PSUs are focusing on retail and SME portfolios to maintain momentum. Asset quality is projected to remain steady with slippages under control. 📊 *STOCKS:* PNB, INDIANB | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #CreditGrowth
PNB, Indian Bank to sustain 12-14% credit growth in FY27
*PNB, Indian Bank seen sustaining 12-14% credit growth in FY27 amid easing deposit pressures.* Deposits are stabilizing, supporting healthy loan expansion. **12-14%** credit growth projection reflects improved asset quality and demand. PSU banks gain traction as funding pressures ease. 📊 *STOCKS:* PNB, INDIANB | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #credit growth
PNB Gilts informs exchange of newspaper publication
*PNB Gilts informs exchange of newspaper publication.* This is a routine disclosure with no financial impact. The filing does not reveal any material event or change in operations. Investors may note the update for awareness. 📊 *STOCKS:* PNBGILTS | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #corporatefiling
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Op. Profit | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — |
| Net Profit | ₹5.6K Cr ▲8.9% | ₹5.1K Cr ▲136.3% | ₹2.2K Cr ▼56.8% | ₹5.0K Cr ▲4.2% | ₹4.8K Cr ▲1.5% | ₹4.7K Cr ▲18.7% | ₹4.0K Cr ▲18.7% | ₹3.4K Cr |
| EPS (₹) | 4.83 ▲8.3% | 4.46 ▲142.4% | 1.84 ▼57.6% | 4.34 ▲3.8% | 4.18 ▲2.0% | 4.1 ▲13.6% | 3.61 ▲18.7% | 3.04 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | — | — |
| Expenses | ₹33.0K Cr ▲0.9% | ₹32.7K Cr ▼17.4% | ₹39.6K Cr ▼4.5% | ₹41.5K Cr ▲15.2% | ₹36.0K Cr ▼6.7% | ₹38.6K Cr ▲49.2% | ₹25.9K Cr ▼34.8% | ₹39.6K Cr ▼8.5% | ₹43.3K Cr ▲92.4% | ₹22.5K Cr |
| Op. Profit | — | — | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — | — | — |
| Other Income | ₹20.1K Cr ▲14.2% | ₹17.6K Cr ▲24.0% | ₹14.2K Cr ▲13.0% | ₹12.5K Cr ▲1.6% | ₹12.3K Cr ▼3.5% | ₹12.8K Cr ▲36.1% | ₹9.4K Cr ▲27.4% | ₹7.4K Cr ▼17.1% | ₹8.9K Cr ▼3.1% | ₹9.2K Cr |
| Interest | ₹88.1K Cr ▲9.1% | ₹80.7K Cr ▲17.8% | ₹68.5K Cr ▲32.3% | ₹51.8K Cr ▲10.7% | ₹46.8K Cr ▼7.8% | ₹50.8K Cr ▲37.3% | ₹37.0K Cr ▲6.8% | ₹34.7K Cr ▲3.4% | ₹33.5K Cr ▲2.5% | ₹32.7K Cr |
| Depreciation | ₹1.3K Cr ▲33.7% | ₹958 Cr ▲5.7% | ₹906 Cr ▲0.1% | ₹905 Cr ▲1.0% | ₹896 Cr ▼8.8% | ₹982 Cr ▲59.9% | ₹614 Cr ▲5.1% | ₹584 Cr ▲0.5% | ₹581 Cr ▲35.1% | ₹430 Cr |
| PBT | ₹28.5K Cr ▲4.7% | ₹27.2K Cr ▲91.9% | ₹14.2K Cr ▲174.9% | ₹5.2K Cr ▲6.7% | ₹4.8K Cr ▲11.6% | ₹4.3K Cr ▲423.0% | ₹827 Cr ▲105.4% | ₹-15.4K Cr ▲22.6% | ₹-19.8K Cr ▼1388.9% | ₹1.5K Cr |
| Tax % | 35.0% ▲9.4% | 32.0% ▼8.6% | 35.0% ▲0.0% | 35.0% ▲84.2% | 19.0% ▼50.0% | 38.0% ▼32.1% | 56.0% ▲260.0% | -35.0% ▲5.4% | -37.0% ▼190.2% | 41.0% |
| Net Profit | ₹18.5K Cr ▼0.5% | ₹18.6K Cr ▲102.6% | ₹9.2K Cr ▲172.6% | ₹3.4K Cr ▼14.0% | ₹3.9K Cr ▲45.0% | ₹2.7K Cr ▲455.7% | ₹485 Cr ▲105.1% | ₹-9.6K Cr ▲21.1% | ₹-12.1K Cr ▼1077.5% | ₹1.2K Cr |
| EPS (₹) | 16 ▼0.5% | 16.08 ▲94.4% | 8.27 ▲172.0% | 3.04 ▼13.4% | 3.51 ▲43.3% | 2.45 ▲276.9% | 0.65 ▲103.1% | -20.79 ▲52.6% | -43.88 ▼886.4% | 5.58 |
| Div Payout | 19.0% ▲5.6% | 18.0% ▲0.0% | 18.0% ▼14.3% | 21.0% ▲16.7% | 18.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹2.3K Cr ▲0.0% | ₹2.3K Cr ▲4.4% | ₹2.2K Cr ▲0.0% | ₹2.2K Cr ▲0.0% | ₹2.2K Cr ▲5.1% | ₹2.1K Cr ▲55.5% | ₹1.3K Cr ▲46.4% | ₹921 Cr ▲66.8% | ₹552 Cr ▲29.6% | ₹426 Cr |
| Reserves | ₹1.4L Cr ▲7.0% | ₹1.3L Cr ▲20.9% | ₹1.1L Cr ▲7.5% | ₹1.0L Cr ▲5.6% | ₹95.4K Cr ▲5.5% | ₹90.4K Cr ▲44.6% | ₹62.5K Cr ▲38.4% | ₹45.2K Cr ▲10.3% | ₹41.0K Cr ▼4.7% | ₹43.0K Cr |
| Borrowings | — | — | — | — | — | — | — | — | — | — |
| Other Liabilities | ₹40.4K Cr ▼2.8% | ₹41.6K Cr ▲14.1% | ₹36.4K Cr ▲20.4% | ₹30.3K Cr ▲7.7% | ₹28.1K Cr ▲32.8% | ₹21.2K Cr ▲42.9% | ₹14.8K Cr ▼3.4% | ₹15.3K Cr ▼31.1% | ₹22.2K Cr ▲31.5% | ₹16.9K Cr |
| Total Liabilities | ₹19.2L Cr ▲3.4% | ₹18.6L Cr ▲16.2% | ₹16.0L Cr ▲7.0% | ₹14.9L Cr ▲11.5% | ₹13.4L Cr ▲4.7% | ₹12.8L Cr ▲50.3% | ₹8.5L Cr ▲7.8% | ₹7.9L Cr ▲1.6% | ₹7.8L Cr ▲6.0% | ₹7.3L Cr |
| Assets | ||||||||||
| Fixed Assets | ₹15.6K Cr ▲19.4% | ₹13.1K Cr ▲6.0% | ₹12.3K Cr ▲2.2% | ₹12.1K Cr ▲13.0% | ₹10.7K Cr ▼3.2% | ₹11.0K Cr ▲52.1% | ₹7.3K Cr ▲16.3% | ₹6.2K Cr ▼2.0% | ₹6.4K Cr ▲1.2% | ₹6.3K Cr |
| CWIP | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹5.3L Cr ▲1.4% | ₹5.2L Cr ▲17.6% | ₹4.5L Cr ▲7.1% | ₹4.2L Cr ▲7.3% | ₹3.9L Cr ▼3.9% | ₹4.0L Cr ▲59.3% | ₹2.5L Cr ▲20.5% | ₹2.1L Cr ▲3.0% | ₹2.0L Cr ▲6.7% | ₹1.9L Cr |
| Other Assets | ₹13.7L Cr ▲4.1% | ₹13.2L Cr ▲15.8% | ₹11.4L Cr ▲7.1% | ₹10.6L Cr ▲13.3% | ₹9.4L Cr ▲8.8% | ₹8.6L Cr ▲46.4% | ₹5.9L Cr ▲3.0% | ₹5.7L Cr ▲1.2% | ₹5.7L Cr ▲5.8% | ₹5.4L Cr |
| Total Assets | ₹19.2L Cr ▲3.4% | ₹18.6L Cr ▲16.2% | ₹16.0L Cr ▲7.0% | ₹14.9L Cr ▲11.5% | ₹13.4L Cr ▲4.7% | ₹12.8L Cr ▲50.3% | ₹8.5L Cr ▲7.8% | ₹7.9L Cr ▲1.6% | ₹7.8L Cr ▲6.0% | ₹7.3L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹22.1K Cr ▲179.0% | ₹-27.9K Cr ▼223.7% | ₹22.6K Cr ▲12.8% | ₹20.0K Cr ▼35.3% | ₹30.9K Cr ▲341.9% | ₹-12.8K Cr ▲61.8% | ₹-33.5K Cr ▼1824.9% | ₹-1.7K Cr ▼107.9% | ₹21.9K Cr ▲54.9% | ₹14.2K Cr |
| Investing CF | ₹-1.6K Cr ▼4.8% | ₹-1.5K Cr ▼105.7% | ₹-732 Cr ▲39.2% | ₹-1.2K Cr ▼53.0% | ₹-787 Cr ▼132.8% | ₹-338 Cr ▲46.3% | ₹-629 Cr ▼260.5% | ₹392 Cr ▲146.5% | ₹159 Cr ▲111.8% | ₹-1.4K Cr |
| Financing CF | ₹-1.1K Cr ▼132.3% | ₹3.5K Cr ▲175.9% | ₹1.3K Cr ▼37.3% | ₹2.0K Cr ▼62.5% | ₹5.4K Cr ▼60.2% | ₹13.6K Cr ▼2.7% | ₹14.0K Cr ▲87.3% | ₹7.5K Cr ▲176.4% | ₹-9.8K Cr ▼263.5% | ₹6.0K Cr |
| Net Cash Flow | ₹19.4K Cr ▲174.7% | ₹-25.9K Cr ▼212.1% | ₹23.1K Cr ▲10.9% | ₹20.9K Cr ▼41.4% | ₹35.6K Cr ▲7634.6% | ₹460 Cr ▲102.3% | ₹-20.2K Cr ▼430.5% | ₹6.1K Cr ▼50.5% | ₹12.3K Cr ▼34.4% | ₹18.8K Cr |
| Free Cash Flow | ₹20.5K Cr ▲170.5% | ₹-29.1K Cr ▼232.0% | ₹22.0K Cr ▲13.0% | ₹19.5K Cr ▼35.4% | ₹30.2K Cr ▲329.7% | ₹-13.1K Cr ▲61.3% | ₹-34.0K Cr ▼1319.0% | ₹-2.4K Cr ▼111.2% | ₹21.4K Cr ▲58.1% | ₹13.6K Cr |
Values in ₹ Cr · Source: Screener.in
Deep Dive Analysis
About Punjab National Bank
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]
Financial Services · Banks