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Earnings Call

Punjab & Sind Bank Earnings Call: Key Takeaways

Punjab & Sind Bank reported a strong Q1 FY27 with Net Profit rising 23.05% YoY to ₹331 Cr. Total business reached ₹2.66 Lakh Cr driven by 19.35% growth in Gross Advances.

Highlights
MarginsNIM steady at 2.53%
Order bookGross Advances at ₹1,19,290 Cr
Demand visibilityStrong credit demand in Retail and MSME
Management confidenceHigh growth in RAM segments

Growth

Net Interest Income grew 15.33% YoY to ₹1038 Cr. RAM advances grew 32.66%, specifically Retail at 36.44%.

Outlook

Bank maintains strong capital adequacy (CRAR 17.61%). Management targets further improvement in collection efficiency, currently at 95%.

Risks

Non-interest income fell 29.21% YoY. Credit cost increased by 9 bps to 0.11%.

Last quarter's promises, checked

Delivered

  • Guided Advances growth 15%-16% → delivered 18.29% (= BEAT)
  • Guided RAM growth to reach 59% → delivered 59% (= BEAT)
  • Guided Net Profit growth → delivered 30.12% YoY (= BEAT)

Partly delivered

  • Guided NIM 2.65%-2.70% → delivered 2.53% in Q1 FY27 (= PARTIAL)

Missed

  • Guided Net NPA reduction → fell short of internal target (= MISS)
  • Guided PCR improvement → fell short of internal target (= MISS)
Source

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

Read the document ↗

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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