Company Overview
PNB Gilts Ltd. operates as a government securities dealer in India. The company involved in underwriting and bidding of government securities issuances; trading of fixed income instruments, such as government securities, treasury bills, state development loans, corporate bonds, and interest rate swaps, as well as various money market instruments, including certificates of deposits, commercial papers, etc.; and provision of custodian services to its constituents. It also provides gilts accounts; debt solutions comprising bond and debenture issuances; and retailing services. It serves provident funds trusts, regional rural banks, co-operative banks, corporates, educational institutions, individuals, etc. PNB Gilts Ltd. was incorporated in 1996 and is based in New Delhi, India. PNB Gilts Ltd. is a subsidiary of Punjab National Bank.
Why Investors Should Care
Generates a return on equity of 15.1%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 104.7%.
Net profit has compounded at 12.0% per year over the last five years.
Revenue has grown at a 25.7% CAGR over the past five years.
Trades at a P/E of 6.8, below the sector median of 19.8.
Operating margin of 96.7% supports profitability.
Recent Developments
- Mar 2025 Revenue of ₹1,675.98 Cr (+21.1% YoY); net profit ₹233.03 Cr.
- Trailing 12 Months Year-on-year growth — revenue +21.1%, earnings +235.7%.
- 5-Year Trend Long-term compounding — revenue CAGR 25.7%, profit CAGR 12.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 25.74% |
| 1 Year: | 21.14% |
Compounded Profit Growth
| 5 Years: | 12.03% |
| 1 Year: | 235.73% |
Stock Price Performance
| 1 Year: | -7.02% |
| 6 Months: | +12.47% |
| 3 Months: | +16.59% |
| 1 Month: | -2.80% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- Golden Cross6d ago
- RSI (14)51.34 · Neutral
P/E of 6.84 is below the sector median of 19.81 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Healthy ROCE of 104.7%.
- Compounding revenue at 25.7% over 5 years.
- Profit CAGR of 12.0% over 5 years.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | PNBGILTS PNB Gilts Ltd. NSEFINANCIAL | 88.54 | 6.84 | ₹1,593.81 Cr | 1.14% | 104.69% | 15.08% | 25.74% | 12.03% |
| 2 | HDFCBANK HDFC Bank Limited NIFTY50NSEAIFINANCIAL | 815.55 | 16.51 | ₹12.48 L Cr | 1.58% | - | 13.62% | 32.50% | 20.39% |
| 3 | ICICIBANK ICICI Bank Limited NIFTY50NSEAIFINANCIAL | 1,423.10 | 19.03 | ₹10.19 L Cr | 0.86% | - | 14.93% | 19.65% | 16.78% |
| 4 | SBIN State Bank of India NIFTY50NSEAIFINANCIALPSU | 1,031.00 | 11.31 | ₹9.52 L Cr | 1.67% | - | 13.97% | 12.19% | 14.39% |
| 5 | BAJFINANCE Bajaj Finance Limited NIFTY50NSEAIFINANCIAL | 1,032.90 | 33.85 | ₹6.43 L Cr | 0.53% | - | 16.68% | 22.58% | 18.23% |
| 6 | LICI Life Insurance Corporation of India NIFTY_MIDNSEFINANCIALPSU | 443.80 | 9.77 | ₹5.61 L Cr | 2.26% | - | 32.53% | 7.26% | 16.86% |
| 7 | AXISBANK Axis Bank Limited NIFTY50NSEAIFINANCIAL | 1,340.20 | 15.86 | ₹4.17 L Cr | 0.08% | - | 12.27% | 12.16% | 34.61% |
| 8 | KOTAKBANK Kotak Mahindra Bank Limited NIFTY50NSEAIFINANCIAL | 381.30 | 19.66 | ₹3.79 L Cr | 0.17% | - | 10.64% | 13.48% | 8.92% |
| 9 | BAJAJFINSV Bajaj Finserv Ltd. NIFTY50NSEAIFINANCIAL | 1,887.10 | 34.31 | ₹3.02 L Cr | 0.07% | - | 12.58% | 22.92% | 15.16% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 500.76 Cr | 316.18 Cr | 298.60 Cr | 563.27 Cr | 409.85 Cr |
| Cost of Revenue | 9.81 Cr | 9.58 Cr | 3.11 Cr | 16.73 Cr | 10.69 Cr |
| Gross Profit | 490.95 Cr | 306.59 Cr | 295.50 Cr | 546.53 Cr | 399.16 Cr |
| Operating Expenses | 3.53 Cr | 4.30 Cr | -70.07 Cr | 9.32 Cr | 5.27 Cr |
| Operating Income | 487.42 Cr | 302.29 Cr | 365.57 Cr | 537.21 Cr | 393.88 Cr |
| EBITDA | 489.07 Cr | 304.52 Cr | 406.95 Cr | 537.90 Cr | 395.48 Cr |
| Interest Expense | 335.69 Cr | 315.31 Cr | 306.82 Cr | 324.34 Cr | 327.22 Cr |
| Pretax Income | 152.54 Cr | -11.65 Cr | 99.19 Cr | 213.01 Cr | 67.67 Cr |
| Tax Provision | 37.86 Cr | -1.54 Cr | 24.17 Cr | 52.94 Cr | 13.76 Cr |
| Net Income | 114.68 Cr | -10.11 Cr | 75.02 Cr | 160.07 Cr | 53.91 Cr |
| Diluted EPS | 6.37 | -0.56 | - | 8.89 | 2.99 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Revenue | 842.99 Cr | 950.42 Cr | 1,383.47 Cr | 1,675.98 Cr |
| Cost of Revenue | 23.85 Cr | 22.37 Cr | 32.50 Cr | 36.64 Cr |
| Gross Profit | 819.14 Cr | 928.05 Cr | 1,350.98 Cr | 1,639.34 Cr |
| Operating Expenses | 115.31 Cr | 88.78 Cr | -61.28 Cr | 18.47 Cr |
| Operating Income | 703.82 Cr | 839.27 Cr | 1,412.26 Cr | 1,620.87 Cr |
| EBITDA | 721.73 Cr | 889.17 Cr | 1,525.51 Cr | 1,626.78 Cr |
| Interest Expense | 510.43 Cr | 972.88 Cr | 1,411.32 Cr | 1,312.41 Cr |
| Pretax Income | 210.15 Cr | -85.07 Cr | 98.81 Cr | 310.95 Cr |
| Tax Provision | 44.44 Cr | -7.84 Cr | 29.40 Cr | 77.92 Cr |
| Net Income | 165.71 Cr | -77.22 Cr | 69.41 Cr | 233.03 Cr |
| Diluted EPS | 9.21 | -4.29 | 3.86 | 12.95 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Total Assets | 16,750.38 Cr | 21,497.02 Cr | 24,539.74 Cr | 24,702.51 Cr |
| Current Assets | 14,485.03 Cr | 16,974.90 Cr | 23,448.48 Cr | 24,598.80 Cr |
| Cash & Equivalents | 50.13 Cr | 15.38 Cr | 273.04 Cr | 61.66 Cr |
| Inventory | - | - | - | - |
| Receivables | - | 273.47 Cr | 313.16 Cr | 383.86 Cr |
| Total Liabilities | 15,323.07 Cr | 20,237.03 Cr | 23,209.99 Cr | 23,157.31 Cr |
| Current Liabilities | 15,319.00 Cr | 20,227.71 Cr | 23,202.31 Cr | 23,151.83 Cr |
| Long Term Debt | 14,530.30 Cr | 19,238.36 Cr | 0 | 0 |
| Total Debt | 14,533.07 Cr | 19,242.79 Cr | 22,403.09 Cr | 22,384.00 Cr |
| Total Equity | 1,427.31 Cr | 1,260.00 Cr | 1,329.76 Cr | 1,545.20 Cr |
| Shares Outstanding | 18.00 Cr | 18.00 Cr | 18.00 Cr | 18.00 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Operating Cash Flow | -4,563.56 Cr | -4,638.28 Cr | -2,875.07 Cr | -196.88 Cr |
| Investing Cash Flow | -63.09 L | -14.42 Cr | -1.05 Cr | -97.48 L |
| Financing Cash Flow | 4,612.91 Cr | 4,617.95 Cr | 3,158.77 Cr | -37.89 Cr |
| Capital Expenditure | -70.44 L | -14.45 Cr | -1.09 Cr | -98.75 L |
| Free Cash Flow | -4,564.26 Cr | -4,652.73 Cr | -2,876.16 Cr | -197.87 Cr |
| Net Change in Cash | 48.72 Cr | -34.75 Cr | 282.65 Cr | -235.75 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Gross Margin % | 97.2% | 97.6% | 97.7% | 97.8% |
| Operating Margin % | 83.5% | 88.3% | 102.1% | 96.7% |
| Net Margin % | 19.7% | -8.1% | 5.0% | 13.9% |
| ROE % | 11.6% | -6.1% | 5.2% | 15.1% |
| ROCE % | 49.2% | 66.1% | 105.6% | 104.5% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for PNBGILTS
PNB Gilts Declares Dividend Of 2 Rupees Per Share - TradingView
<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxPUjVpbXRXNndXQU1BNTRvYmhIS2ZycG5uV2RSWEJhWWdNTXIzeUxVQ3RfQk90ZENLQkZ2VVR3TV94eVhkd3daQ2xCcjNpMUE0eWZ3c1VMaVM5eFNLZVVjOGVEaE5sSTNQXzRmU1RIT1M3dDUwOGItd1NJWHAxV2lTdW9nYkhjTFNLcG0zN2…
PNB Gilts up 20% on report India may cut bond taxes for foreign investors - Business Standard
<a href="https://news.google.com/rss/articles/CBMiyAFBVV95cUxQbEVOZk5WRDJpU1lkRXR0RjkxQUYxX1pubmYtM2pLR1h0UmY3elFmX3R1aHhYaW9YVEd5UWwwdWM4RFR3U2tMNjhTRkNKV3c5cERpRUh2bDdvOFdydGxuUjZ3aE90NE1ZaElpejRsOTg5QlFpVlo5S2VDVFFGd0lOdHhHeDRtNHRtdUZjdz…
Why PNB Gilts Share Price is Rising - Equitymaster
<a href="https://news.google.com/rss/articles/CBMiqgFBVV95cUxNU2pfT2FTdjVSWW9RcHBlU0xtQlEydE9ROGFKZHpMWDdCTFlJQWFmVUJRTlZrY1A5OG1BMEkzREhZcjFoVUhaSUViSWYxQVg5LUNiUW1NeDZveVBwZWN2TWVjNXFLYnpNVkZrZkZ6VnZuekNMUmVFMzdBSHB4dnAwazRXQzNSZHBfb0tzVE…
PNB Gilts Ltd. Share Price Today - PNB Gilts Ltd. Stock Price Live NSE/BSE - CNBC TV18
<a href="https://news.google.com/rss/articles/CBMie0FVX3lxTE45em8tdFdLcjU2dFBUSzFnVTRKTkhmTzRuYUFza0dCRE81cnVESXdUaEpPNFJjM1NIRFZlX0FlSEZVOWluUFQ1c2NFdXJsRHBUcXZIa2xXbVpwMGVxNFdOY1BJVDQwMkNMSzBkX21qUWVOekc0QVJJdnA3RQ?oc=5" target="_blank">P…
PNB Gilts Drops 6.48% After ₹4.54 Cr Q2FY26 Loss - HDFC Sky
<a href="https://news.google.com/rss/articles/CBMidEFVX3lxTE8td2kxR21NS0xvYjNDMnY1ZWNsb3FQcHpGbmRWT3k5RUVnZFR4OFR0dURFTk1qQUVqZWVNd0dDeGJNU2VneUxrMlVhM0ZPTFJhdmsyMkROd0c4cndmc3NJY3dYcDIyZTl1RUd4cHhLUTE4SUdo?oc=5" target="_blank">PNB Gilts D…
PNB Gilts Limited Appoints Pankaj Kumar as Deputy Chief Executive Officer - scanx.trade
<a href="https://news.google.com/rss/articles/CBMiygFBVV95cUxPMGtYazVGZUhwQTR6VzhkMjFaeHpTQ253ZTJoZmdWYVRsTkp6TUpyWl9nNmZrLWlKc2ducGQ3NWFzeEJFdjVxS05wQy1aTFpoNHgxa2lTNGZ4eElLNE4tdkNnVlFySS1KVDY5QzU0bHY0U05pT2JPRGRiVVhKMGVTZlA4RUxscXBBSklmYn…
PNBGILTS — Frequently Asked Questions
What is the current share price of PNB Gilts Ltd. (PNBGILTS)?
As of 2026-07-15 09:52 IST, PNB Gilts Ltd. (PNBGILTS) trades at ₹88.54 on NSE. Its 52-week range is ₹59.16 to ₹114.25.
What is the market capitalisation of PNBGILTS?
PNB Gilts Ltd. (PNBGILTS) has a market capitalisation of ₹1,593.81 Cr on NSE.
What is the P/E ratio of PNBGILTS?
PNBGILTS trades at a trailing price-to-earnings (P/E) ratio of 6.84. The industry average P/E is 19.81. Its price-to-book (P/B) ratio is 0.94.
Does PNBGILTS pay a dividend?
PNB Gilts Ltd. (PNBGILTS) currently offers a dividend yield of 1.14%.
What is the return on equity (ROE) of PNBGILTS?
PNBGILTS has a return on equity (ROE) of 15.08%. Its return on capital employed (ROCE) is 104.69%.
Is PNBGILTS a good stock to buy?
This page provides a data-driven analysis of PNB Gilts Ltd. (PNBGILTS), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.