Punjab National Bank

    PNB
    Banking
    ₹116.75
    price as of 11/9/2026, 5:27:50 pm

    Market cap ₹1.34 L Cr

    P/E
    6.07
    Day range
    ₹114.52 – ₹117.79
    52-week range
    ₹98.50 – ₹135.15
    Volume
    1.15 Cr
    Open
    ₹116.00
    Prev close
    ₹116.85

    Price history

    6M change +0.79%RSI (14) 56.2 NeutralSMA 20 · 50 overlaid

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Neutral
    Near-month future
    ₹117.37
    Change
    +0.57%
    Basis over spot
    +₹0.62
    Futures OI (shares)
    24.57 Cr
    OI change
    -0.19%
    Put-call ratio
    0.79
    Max pain
    ₹117
    Resistance (call OI)
    ₹120
    Support (put OI)
    ₹115
    Lot size
    8,000

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    100102104106108110112114116118120122124126128130134040.0 L80.0 L1.20 Cr1.60 Crspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    6.1
    EPS (TTM)
    ₹19.21
    ROE (FY26)
    13.0%
    Dividend yield
    2.57%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +14.6%
    Profit 3Y CAGR
    +76.5%
    Revenue YoY (Jun 2026)
    +3.1%
    Profit YoY (Jun 2026)
    +169.3%
    Net margin
    17.4%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr8.5K Cr17.0K Cr25.5K Cr34.0K Cr
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • Public
    • FII

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-40.0KCr-20.0KCr0 Cr20.0K Cr40.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26-30%-15%0%15%30%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr40.0K Cr80.0K Cr1.2L Cr1.6L Cr0.0x0.4x0.8x1.2x1.6x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Revenue26,85827,85228,68229,14530,44731,89532,52332,57232,51332,88932,79833,589
    Interest16,82017,44418,20618,53619,79020,73821,64021,82821,85822,16422,21922,583
    Expenses10,2599,4499,8318,4738,5927,4949,1429,1978,2999,2987,5188,262
    Financing Profit-2219596462,1362,0653,6631,7421,5472,3561,4263,0612,743
    Financing Margin %-1%3%2%7%7%11%5%5%7%4%9%8%
    Other Income2,9992,6764,2943,6154,6643,3924,7765,4274,1715,0134,0804,365
    Depreciation000000000000
    Profit before tax2,7783,6344,9405,7516,7297,0556,5186,9736,5276,4407,1417,108
    Tax %36%38%37%35%34%34%29%74%26%19%27%25%
    Net Profit1,9902,4413,3633,9914,7394,8115,0112,1675,1215,5775,6025,835
    EPS in Rs₹1.81₹2.21₹3.04₹3.61₹4.10₹4.18₹4.34₹1.84₹4.46₹4.83₹4.87₹5.06

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    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]

    Strengths

    • Stock is trading at 0.86 times its book value
    • Company has delivered good profit growth of 48.2% CAGR over last 5 years
    • Company has been maintaining a healthy dividend payout of 18.3%

    Risks

    • Company has low interest coverage ratio.
    • The company has delivered a poor sales growth of 9.80% over past five years.
    • Company has a low return on equity of 12.4% over last 3 years.
    • Contingent liabilities of Rs.5,24,629 Cr.
    • Company might be capitalizing the interest cost
    • Promoter holding has decreased over last 3 years: -3.07%

    Compounded Sales Growth

    10 Years
    +10%
    5 Years
    +10%
    3 Years
    +15%
    TTM
    +3%

    Compounded Profit Growth

    10 Years
    +21%
    5 Years
    +48%
    3 Years
    +76%
    TTM
    +33%

    Stock Price CAGR

    10 Years
    -2%
    5 Years
    +25%
    3 Years
    +20%
    1 Year
    +8%

    Return on Equity

    10 Years
    +4%
    5 Years
    +9%
    3 Years
    +12%
    Last Year
    +13%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter70.08%70.08%70.08%70.08%0.00 pp
    FII5.67%5.93%6.39%5.93%-0.46 pp
    DII15.54%16.09%16.05%16.06%+0.01 pp
    Public8.70%7.91%7.48%7.91%+0.43 pp

    Filed with NSE for Jun 2026: promoters 70.08%, public 29.92% · XBRL filing

    Analysts & fund holdings

    69%
    69% recommend buy
    16 analysts cover the stock
    Valuation vs Banks
    P/E6.1 vs 16.6
    Sector P/B2.14
    Beta1.63

    Who holds the shares, quarter by quarter

    Mutual funds 6.51% (+0.28 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters70.1%
    • Foreign institutions5.9%
    • Mutual funds6.5%
    • Insurance9.4%
    • Other domestic institutions0.1%
    • Retail6.3%
    • Others1.6%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    SBI Contra Fund0.99%2.78%+0.17 pp
    SBI Balanced Advantage Fund0.57%1.82%+0.11 pp
    SBI Arbitrage Fund0.28%0.80%+0.01 pp
    Kotak Arbitrage Fund0.27%0.49%+0.17 pp
    HDFC Arbitrage Fund0.24%1.28%+0.39 pp

    Scorecard

    Performance
    Avg
    Valuation
    Avg
    Growth
    Avg
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹3.00

      Dividend - Rs 3 Per Share

      12 Jun 2026
      ex-date
    • dividend
      ₹2.90

      Dividend - Rs 2.90 Per Share

      20 Jun 2025
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      21 Jun 2024
      ex-date
    • dividend
      ₹1.50

      Dividend - Rs 1.50 Per Share

      21 Jun 2024
      ex-date
    • dividend
      ₹0.65

      Annual General Meeting/Dividend - Rs 0.65 Per Share

      23 Jun 2023
      ex-date
    • dividend
      ₹0.64

      Annual General Meeting/Dividend - Rs 0.64 Per Share

      22 Jun 2022
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      16 Jul 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      27 Jul 2020
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      4 Jul 2019
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      10 Sept 2018
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      21 Jun 2017
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      23 Jun 2016
      ex-date
    • dividend
      ₹3.30

      Annual General Meeting/ Dividend - Rs 3.30/- Per Share

      22 Jun 2015
      ex-date
    • split
      Not available — not reported in this filing

      Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share

      18 Dec 2014
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      20 Jun 2014
      ex-date
    • dividend
      ₹10.00

      Interim Dividend Rs.10/- Per Share

      11 Feb 2014
      ex-date
    • dividend
      ₹27.00

      Annual General Meeting / Final Dividend Rs.27 Per Equity Share

      13 Jun 2013
      ex-date
    • dividend
      ₹22.00

      Annual General Meeting And Dividend Rs.22/- Per Share

      14 Jun 2012
      ex-date
    • dividend
      ₹22.00

      Annual General Meeting And Dividend Rs.22/- Per Share

      16 Jun 2011
      ex-date
    • dividend
      ₹12.00

      Annual General Meeting And Final Dividend Rs.12/- Per Share

      8 Jul 2010
      ex-date

    Company announcements

    Company Update
    Profile Of Shri Divesh Sehara, Director Of The Bank

    Profile of Shri Divesh Sehara, Director of the Bank

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    Nomination of Shri Divesh Sehara as Director on Board of the Bank

    Company Update
    Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Notice Of Strike

    Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 - Notice of Strike

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Outcome of Analyst/ Investor meet

    AGM/EGMPrice-sensitive
    Notice Of Extraordinary General Meeting Of The Bank

    Notice of Extraordinary General Meeting of the Bank

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Change in Management

    Company Update
    Review Of Interest Rates

    Review of Interest Rates

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Analyst/ Investor Meet

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    Imposition of penalty

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Outcome of Investor meet

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    Investor presentation

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Special Window for Transfer and Dematerialisation of physical securities

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    The Exchange is hereby informed that the Bank will be participating in Non-deal Roadshow to engage with prospective institutional investors on 20th August, 2026 in Singapore and Hong Kong

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Outcome of Investor/ Analyst Meet

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Outcome of Analyst/ Investor meet

    Filed with BSE (scrip 532461); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 31 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.