| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Total income | 38,791 | 36,684 | +5.7% |
| Net interest income | 11,803 | 10,655 | +10.8% |
| Operating profit | 7,564 | 7,155 | +5.7% |
| Net profit | 5,561 | 4,849 | +14.7% |
| EPS | ₹5.13 | ₹4.46 | +15.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,38,272 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 1,34,543 | 1,30,772 | 1,24,010 | 1,09,065 | 86,845 | ||
| — | +5.5% | +13.7% | +25.6% | — | ||
| 44,113 | 42,703 | 43,306 | 40,530 | — | ||
| — | −1.4% | +6.8% | — | — | ||
| 2.2% | 2.2% | 2.5% | 2.5% | — | ||
| 30,318 | 29,565 | 27,203 | 25,051 | 22,932 | ||
| 21,315 | 17,096 | 17,440 | 8,329 | 3,069 | ||
| — | −2.0% | +109.4% | +171.4% | — | ||
| ₹19.89 | ₹16.00 | ₹16.08 | ₹7.92 | ₹2.91 | ||
| — | −0.5% | +102.9% | +172.0% | — | ||
| 13.0% | 13.0% | 15.2% | 8.3% | — | ||
Balance sheet & asset quality | ||||||
| 17,92,780 | 17,24,795 | 15,77,020 | 13,79,225 | — | ||
| 13,23,830 | 12,37,980 | 10,86,273 | 9,41,762 | — | ||
| — | 3.0% | 4.0% | 5.7% | — | ||
| — | 0.3% | 0.4% | 0.7% | — | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,38,271.7 | |
| Interest Earned | 86,845.3 | 1,09,064.6 | 1,24,009.9 | 1,30,772.1 | 1,34,543.4 | |
| Growth %, YoY | — | +25.6 | +13.7 | +5.5 | — | |
| Net Interest Income | — | 40,530.4 | 43,306.0 | 42,702.7 | 44,112.9 | |
| Growth %, YoY | — | — | +6.8 | -1.4 | — | |
| NIM %, on assets | — | 2.54 | 2.51 | 2.20 | 2.20 | |
| Operating Profit (PPOP) | 22,932.2 | 25,050.9 | 27,202.5 | 29,564.9 | 30,317.9 | |
| Net Income | 3,069.3 | 8,328.9 | 17,439.6 | 17,095.8 | 21,315.2 | |
| Growth %, YoY | — | +171.4 | +109.4 | -2.0 | — | |
| EPS, Adj (current shares) | 2.91 | 7.92 | 16.08 | 16.00 | 19.89 | |
| Growth %, YoY | — | +172.0 | +102.9 | -0.5 | — | |
| ROE % | — | 8.25 | 15.18 | 12.99 | 12.99 | |
| Balance Sheet & Asset Quality | ||||||
| Deposits | — | 13,79,225.2 | 15,77,019.9 | 17,24,795.4 | 17,92,780.0 | |
| Advances | — | 9,41,762.5 | 10,86,273.1 | 12,37,980.1 | 13,23,830.4 | |
| Gross NPA % | — | 5.73 | 3.95 | 2.95 | — | |
| Net NPA % | — | 0.73 | 0.40 | 0.29 | — | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Punjab National Bank (NSE: PNB) had a market capitalisation of ₹1,42,398 crore at the 29 October 2026 close (₹123.90 a share), a PE ratio of 6.2 on the last four quarters' profit and a price-to-book ratio of 0.88. In FY26 its standalone net profit was ₹16,904 crore on net interest income of ₹41,960 crore; in Q2 FY27 (July–September 2026) it was ₹5,532 crore, up 12.8% year on year. Gross NPAs were 2.55% of advances on 30 September 2026. Promoters held 70.08% of the shares on 30 September 2026.
PNB's PE ratio is 6.2 at the 29 October 2026 close (₹123.90 a share): a market capitalisation of ₹1,42,398 crore divided by consolidated net profit attributable to shareholders of ₹22,861 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹18,393 crore) it is 7.7.
PNB's price-to-book (PB) ratio is 0.88 at the 29 October 2026 close: a market capitalisation of ₹1,42,398 crore divided by shareholders' equity (book value) of ₹1,60,982 crore on 30 September 2026. That is a book value of ₹140.07 per share against a share price of ₹123.90.
PNB's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,60,982 crore (₹1.61 lakh crore) on 30 September 2026, up 13.2% from ₹1,42,247 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,42,398 crore at the 29 October 2026 close.
PNB's market capitalisation was ₹1,42,398 crore (₹1.42 lakh crore) at the 29 October 2026 close: 1,149.3 crore shares at ₹123.90 each.
In FY26, PNB's return on equity (ROE) was 13.0%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year). In FY25, ROE was 15.2%.
PNB's basic earnings per share (EPS) were ₹16.00 in FY26, against ₹16.42 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹19.85.
PNB's book value per share was ₹140.07 on 30 September 2026: shareholders' equity of ₹1,60,982 crore divided by the 1,149.3 crore shares in issue, up 13.2% from ₹123.77 a year earlier. The share price at the 29 October 2026 close was ₹123.90.
PNB's gross non-performing assets (NPAs) were ₹34,190 crore, 2.55% of gross advances, on 30 September 2026 (3.45% a year earlier). Net NPAs were 0.25% of net advances (0.36% a year earlier).
PNB's credit-deposit ratio was 73.7% on 30 September 2026: advances divided by deposits, from its standalone balance sheet.
PNB's common equity tier 1 (CET1) ratio was 14.44% on 30 September 2026.
In 2026, PNB has declared one dividend: ₹3 with record date 13 June 2026 and ex-date 12 June 2026.
Promoters held 70.08% of PNB on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, PNB's deposits were ₹17,77,240 crore, up 9.9% from a year earlier, and its advances (loans) were ₹13,10,451 crore, up 15.6% from a year earlier.
PNB's dividend yield is 2.42% at the 29 October 2026 close: dividends of ₹3 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹123.90. They were ₹3 on 12 June 2026.
PNB's latest results are for Q2 FY27 (July–September 2026), filed on 16 October 2026: standalone net profit ₹5,532 crore, up 12.8% from ₹4,904 crore in Q2 FY26; net interest income ₹11,601 crore, up 10.8% year on year.
On 30 September 2026, PNB's shares were held by promoters 70.08%, foreign portfolio investors (FII/FPI) 6.66%, domestic institutions (DII) 16.13% (including mutual funds at 6.14%) and retail and other non-institutional investors 7.13%. Over the year, FII holding was up 0.99 percentage points from 5.67% and DII holding was up 0.59 percentage points from 15.54%.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, PNB's PE ratio is 7.7, the second highest of the four: SBI 10.8, Bank of Baroda 6.4 and Canara Bank 6.1, a peer average of 7.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, PNB earned net profit attributable to shareholders of ₹18,393 crore, against ₹83,299 crore for SBI. PNB's return on equity was 13.0% (SBI 15.4%) and its gross NPA ratio 2.95% (SBI 1.49%). At the 29 October 2026 close, PNB's market capitalisation was ₹1,42,398 crore against ₹8,97,122 crore for SBI, and its PE ratio on FY26 profit 7.7 against 10.8.
In FY26 (April 2025–March 2026), PNB's standalone net profit was ₹16,904 crore, up 1.6% from ₹16,630 crore in FY25, on net interest income of ₹41,960 crore (down 1.9%). Over three years, from FY23, net profit was up 574.2%.
PNB has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On FY26 consolidated figures, against SBI, Bank of Baroda and Canara Bank: PNB's return on equity of 13.0% is the third highest of the four (SBI 15.4%, Bank of Baroda 12.5%, Canara Bank 16.0%; peer average 14.6%); its return on assets of 0.88% is the lowest of the four (SBI 1.07%, Bank of Baroda 0.98%, Canara Bank 0.95%; peer average 1.00%); its gross NPA ratio of 2.95% is the highest of the four (SBI 1.49%, Bank of Baroda 1.89%, Canara Bank 1.84%; peer average 1.74%).
From Punjab National Bank's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.