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Earnings Call

Punjab National Bank Earnings Call: Key Takeaways

PNB reported record net profit of ₹5,225cr for Q4 FY26, driven by improved asset quality (GNPA at 2.95%) and credit growth of 12.7%.

Why this was an Alfa AlertNot a filter event. Full year growth of 9.2% was above guided 8-9%, but the beat is not >=5% above the upper end.
Highlights
MarginsDomestic NIM at 2.61%; expected to improve Q-o-Q in FY27.
Order bookCorporate credit lines of ₹4 lakh cr sanctioned; ₹1.18 lakh cr pending disbursement.
Demand visibilityStrong corporate credit pipeline and targeted retail/MSME outreach campaigns.
Management confidenceHigh; citing robust capital (17.74% CRAR) and 97% PCR for ECL transition.

Growth

Global business grew 10.7% Y-o-Y to ₹29.7 lakh cr; Net Profit grew 14.4% Y-o-Y to ₹5,225cr.

Outlook

Guided Global NIM of 2.6%-2.7% for FY27; plans to open 250 new branches primarily in South/West regions.

Risks

NIM compression due to rate cuts and sticky deposit costs; West Asian crisis impact on MSME/export portfolios.

Source

Earnings Call filed with NSE, NSE: PNB. Summary written with AI assistance from the document.

Read the document ↗

Punjab National Bank: key numbers

Share price
₹116.60
Market cap
₹1,34,008 Cr
Revenue (annual)
₹1,30,772 Cr
Net profit (annual)
₹18,393 Cr
P/E (TTM)
6.1×Sector 22.0×
Promoter holding
70.08%+0.00% QoQ
FII holding
5.93%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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16:58 IST BSE
Debt & Borrowing

Punjab National Bank Debt & Borrowing: ₹54.61 Cr

Punjab National Bank confirmed timely payment of Rs. 54.61 Crore as interest for its Basel III Additional Tier-I Bonds (INE160A08233).

Value
₹54.61 Cr
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Credit Rating

Punjab National Bank Credit Rating

Punjab National Bank informed the exchange about credit ratings assigned by Moody's, Fitch, and Care Edge Ratings for its Euro Medium Term Note Programme.

23:25 IST BSE
Debt & Borrowing

Punjab National Bank Debt & Borrowing: ₹14,250 Cr

Punjab National Bank has established a Euro Medium Term Note Programme of USD 1.50 Billion, filed in compliance with SEBI LODR regulations.

Value
₹14,250 Cr
20:49 IST BSE
Management Change

Punjab National Bank Management Change

Punjab National Bank has appointed Shri Divesh Sehara as a Director on its Board, replacing Shri D. Anandan, effective immediately.

18:48 IST NSE
Adverse Business Impact

Punjab National Bank Adverse Business Impact

Punjab National Bank informed that various bank unions have called for strikes on multiple dates in September and October 2026. Banking operations may be affected.