ALFA Finder| Margins | Domestic NIM improved to 2.64%; global NIM to 2.50% Q-o-Q. |
|---|---|
| Demand visibility | Strong credit demand; INR 1.38 lakh crore sanctioned and pending disbursement. |
| Management confidence | High, citing disciplined underwriting and digital-first delivery strategy. |
Growth
Global advances grew 12.7% YoY; core operating profit rose 35.7% YoY. Net profit stood at INR 5,253 crores.
Outlook
Management guides for Gross NPA below 2.5%, Net NPA below 0.3%, and MSME growth target of 25% for FY27.
Risks
Potential impacts from bad monsoon (El Niño) on agri-income and INR 9,500-10,000 crore one-time ECL provisioning impact.
Last quarter's promises, checked
Delivered
- Guided Operating Profit growth 8-9% → delivered 9.2% (= BEAT)
- Guided Slippage Ratio <1% → delivered 0.60% (= BEAT)
- Guided PCR >96% → delivered 97.14% (= BEAT)
Partly delivered
- Guided CASA/Margins → influenced by liquidity/rate dynamics (= PARTIAL)
Missed
- Guided NIM 2.8-2.9% → delivered 2.57% (= MISS)
Earnings Call Transcript filed with NSE, NSE: PNB. Summary written with AI assistance from the document.
Punjab National Bank: key numbers
- Share price
- ₹138.35
- Market cap
- ₹1,59,005 Cr
- Revenue (annual)
- ₹1,30,772 Cr
- Net profit (annual)
- ₹18,393 Cr
- P/E (TTM)
- 7.0×Sector 20.8×
- Promoter holding
- 70.08%+0.00% QoQ
- FII holding
- 6.66%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Punjab National Bank
All →Punjab National Bank Debt & Borrowing: ₹106.5 Cr
Punjab National Bank paid Rs.106.50 Crore interest on its 7.10% Basel III Tier II bonds on 11 November 2026, on the due date. The payment settles an existing debt obligation with no delay.
- Value
- ₹106.5 Cr
Punjab National Bank Legal & Regulatory
Punjab National Bank was levied a monetary penalty of Rs.1.25 lakh by RBI for currency chest non-compliance. Impact is limited to the penalty amount itself.
- Value
- ₹0.01 Cr
Punjab National Bank Debt & Borrowing
PNB set 16 November 2026 as the record date for interest on Basel III Tier-II Bond Series XXV (7.89%), payable 1 December 2026. Routine debt servicing.
Punjab National Bank Other Announcement
Punjab National Bank revised its MCLR across tenors, effective 1 November 2026, with rises of 10 basis points. RLLR and Base Rate remain unchanged.
Punjab National Bank Legal & Regulatory
PNB disclosed an RBI monetary penalty of Rs 1.57 Crore for non-compliance with currency chest guidelines. The financial impact is limited to the penalty amount.
- Value
- ₹1.57 Cr
Punjab National Bank Results Correction
Punjab National Bank re-submitted its unchanged September 2026 quarter and half-year results in machine-readable format. No figures, disclosures or other information were modified from the earlier filing.