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Earnings Call

Punjab & Sind Bank Earnings Call: Key Takeaways

Punjab & Sind Bank reported its highest-ever annual net profit of ₹1,322 Cr for FY26. Total business grew 14.94% to ₹2.64 Lakh Cr with robust credit growth.

Why this was an Alfa AlertNet Profit beat: Guided for a record year, achieved ₹1,322 Cr (30% growth). Advances beat: Guided 15-16%, achieved 18.29% (>14% beat on upper end).
Highlights
Revenue growthNII grew 0.74% (8% excluding one-offs); Fee income grew 22%.
MarginsNIM at 2.55%; targeting 2.65%-2.70% by year-end via higher-yield RAM lending.
Demand visibilityStrong pipeline of ₹18,000 Cr in corporate; RAM segment looking robust.
Management confidenceHigh; management states they outperformed every metric and broke growth taboos.

Growth

PAT grew 30.12% YoY; Gross Advances rose 18.29%; Deposits increased 12.37%. Core fee income grew 22%.

Outlook

Targeting ₹3 Lakh Cr business in FY27 and ₹4 Lakh Cr by FY29. Guidance: 16-18% credit growth.

Risks

Residual stress in MSME and Agri sectors; NIM compression due to low CASA and interest rate fluctuations.

Source

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

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Punjab & Sind Bank: key numbers

Share price
₹21.82
Market cap
₹15,483 Cr
Revenue (annual)
₹11,982 Cr
Net profit (annual)
₹1,322 Cr
P/E (TTM)
11.2×Sector 22.0×
Promoter holding
93.85%+0.00% QoQ
FII holding
0.14%Current quarter

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

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