Punjab National Bank Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 6.5x vs industry 35.7x)
- ✓Trading below book value (P/B 0.8x)
- ✓Regular dividends — yield 2.9%
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹748 | ₹11.5L Cr | 15.2 | 1.98 | 13.8 | 7.04 | — |
| SBIN State Bank of India | ₹977 | ₹8.8L Cr | 10.6 | 1.51 | 15.4 | 6.13 | — |
| ICICIBANK ICICI Bank Limited | ₹1,261 | ₹8.8L Cr | 16.2 | 2.51 | 16.1 | 7.2 | — |
| BAJFINANCE Bajaj Finance Limited | ₹890 | ₹5.5L Cr | 28.6 | 4.86 | 18.2 | 10.8 | — |
| LICI Life Insurance Corporation Of India | ₹400 | ₹5.1L Cr | 8.83 | 2.86 | 37.8 | 35.1 | 0 |
| AXISBANK Axis Bank Limited | ₹1,273 | ₹3.9L Cr | 14.8 | 1.85 | 13.2 | 6.24 | — |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹377 | ₹3.8L Cr | 19.8 | 2.07 | 11.2 | 6.93 | — |
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
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
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 | ₹43.0K Cr ▲4.0% | ₹41.4K Cr ▲4.4% | ₹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 | ₹18.5K Cr ▼0.5% | ₹18.6K Cr ▲31.0% | ₹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 % | 0.0% | 0.0% ▼100.0% | 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