Flash Finance

PNB Gilts LimitedPNBGILTSCorporate

Finance & Investments Latest results: Sep 2026 15 quarters of data
₹73.09
MCap ₹1,316 Cr · P/E 6.8
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹436 Cr
Sales · Sep 2026
-1.5% YoY
₹403 Cr
Operating Profit · Sep 2026
+37.9% YoY
92.3%
OPM % · Sep 2026
+40.1% YoY
₹45 Cr
Net Profit · Sep 2026
+199.6% YoY
₹2.49
EPS · Sep 2026
+198.8% YoY

📝 PNB Gilts Limited — results explained

Quarter ended September 2026 (Q2 FY27)

PNB Gilts Limited reported revenue of ₹436 crore for the quarter ended September 2026 (Q2 FY27), down 1.5% from ₹443 crore in the same quarter last year, and down 4.0% sequentially over the June 2026 quarter.

The company swung to a net profit of ₹45 crore from a net loss of ₹45 crore a year earlier. Earnings per share (EPS) came in at ₹2.49.

Operating profit stood at ₹403 crore — an operating margin (OPM) of 92.3%, compared with 65.9% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, PNB Gilts Limited posted revenue of ₹1,855 crore, a growth of 7.7% over FY25, with a net profit of ₹182 crore (down 21.9% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,740 crore with a net profit of ₹193 crore.

Valuation snapshot

At the current price of ₹73.09, PNBGILTS has a market capitalisation of ₹1,316 crore and a trailing P/E of about 6.8.

Within the Finance & Investments industry, it is the 25th-largest of the 117 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.07%, foreign institutional investors (FIIs) 0.06%, public shareholders 25.87% of PNB Gilts Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,316 Cr
Current Price ?
₹73.1
P/E ?
6.83below ind
Industry P/E ?
18.90
P/B ?
0.73
P/S ?
0.76
P/FCF ?
-0.52
Enterprise Value ?
₹25,813 Cr
EV/EBITDA ?
16.47
PEG ?
0.11
Earnings Yield ?
6.1%
Dividend Yield ?
1.37%
Profitability & Returns
Sales (TTM) ?
₹1,740 Cr
OPM ?
90.1%
Profit after tax (TTM) ?
₹193 Cr
EPS (TTM) ?
₹10.70
ROCE ?
6.0%
ROE ?
10.7%
ROA ?
0.7%
Growth
Sales — latest qtr ?
₹436 Cr
PAT — latest qtr ?
₹45 Cr
YoY qtr sales growth ?
-1.5%
YoY qtr profit growth ?
199.6%
Sales growth (3y) ?
11%
Sales growth (5y) ?
10%
Profit growth (3y) ?
60%
Profit growth (5y) ?
-17%
Financial Health
Debt ?
₹24,497 Cr
Debt to Equity ?
13.62
Interest Coverage ?
1.2
Current Ratio ?
N/A
Ownership
Promoter holding ?
74.07%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-16.8%
Return 6 months ?
-2.4%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 YoY % QoQ %
Sales 310443347385474440501362419563443425424455436 -1.5% -4.0%
Operating Profit 292430280351461426488303407538292394331439403 +37.9% -8.4%
Other Income 700400110011000 -72.4% +76.9%
Interest 280354325361371355336315307324345327316331342 -0.8% +3.4%
Depreciation 144441111111111 -40.9% +3.4%
Profit Before Tax 1872-49-108671153-1299213-53681410860 +213.7% -44.4%
Net Profit 1358-41-156853115-1075160-4554138145 +199.6% -44.4%
EPS 0.753.21-2.28-0.863.782.976.37-0.564.178.89-2.522.990.724.482.49 +198.8% -44.4%
OPM % 94.2% 97.1% 80.7% 91.2% 97.3% 96.8% 97.4% 83.7% 97.1% 95.6% 65.9% 92.7% 78.1% 96.7% 92.3% +40.1% -4.6%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,722 Cr ₹1,855 Cr ₹1,740 Cr +7.7%
Operating Profit ₹1,624 Cr ₹1,555 Cr ₹1,567 Cr -4.2%
OPM % 94.31% 83.83% 90.06% -11.1%
NPM % 13.53% 9.81% 11.07% -27.5%
Other Income ₹2 Cr ₹2 Cr ₹1 Cr +0.0%
Depreciation ₹4 Cr ₹4 Cr ₹3 Cr +0.0%
Interest ₹1,313 Cr ₹1,312 Cr ₹1,316 Cr -0.1%
EBIT ₹1,620 Cr ₹1,551 Cr ₹1,564 Cr -4.3%
PBT ₹311 Cr ₹242 Cr ₹250 Cr -22.2%
Tax — — ₹43 Cr —
Net Profit ₹233 Cr ₹182 Cr ₹193 Cr -21.9%
EPS ₹12.95 ₹10.08 ₹10.68 -22.2%
Material Cost — — — —
Employee Cost — — ₹8 Cr —
Extraordinary Items — — ₹-0 Cr —

🏛️ Balance Sheet (latest 5 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026 % Chg
Equity Capital 180180180180180 +0.0%
Reserves 1,0801,1501,3651,5301,619 +5.8%
Borrowings 19,24322,40322,38424,88424,497 -1.6%
Other Liabilities 994807773467458 -1.8%
Total Liabilities 21,49724,54024,70227,06026,755 -1.1%
Fixed Assets 77565 -15.5%
CWIP 13000— —
Investments 18,51823,00823,16523,31422,648 -2.9%
Other Assets 2,9591,5251,5323,7404,101 +9.7%
Total Assets 21,49724,54024,70227,06026,755 -1.1%

📦 Working Capital (latest 1 periods)

Metric Sep 2026 % Chg
Trade Receivables 0 —
Trade Payables 2 —

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -4,638-2,875-197-2,540 -1189.3%
Cash from Investing Activity -14-1-1-1 +0.0%
Cash from Financing Activity 4,6183,159-382,479 +6623.7%
Net Cash Flow -35283-236-62 +73.7%
Free Cash Flow -4,653-2,876-198-2,541 -1183.3%
CFO/OP -526%-187%-8%-158% -1875.0%

💧 Half-year Cash Flow (latest 1 periods)

Metric Sep 2026 % Chg
Cash from Operating Activity 574 —
Cash from Investing Activity 0 —
Cash from Financing Activity -423 —
Net Cash Flow 151 —

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 0000 —
Cash Conversion Cycle 0000 —
Working Capital Days 1293996145 +51.0%
ROCE % 5%7%7%6% -14.3%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 74.07%74.07%74.07%74.07%74.07% +0.0%
FIIs 0.53%0.77%0.30%0.18%0.06% -66.7%
DIIs 0.00%0.00%0.00%0.00%— —
Public 25.40%25.17%25.62%25.74%25.87% +0.5%
No. of Shareholders 83,24585,11683,06582,08582,216 +0.2%

⚖️ Peer comparison

Industry: Finance & Investments · top 25 of 117 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 LICI Life Insurance ₹398.20 503,723 8.4 881,845 60,055 -7.5% 6.8% 10.0% 18.9% -43.2% 24.0%
2 SBILIFE SBI Life ₹1,671.70 167,740 67.9 112,315 2,471 0.7% 2.2% -3.9% 2.4% -82.4% -1.1%
3 ICICIGI ICICI Lombard ₹1,508.90 75,386 29.5 27,196 2,556 5.4% 9.4% 12.7% 10.6% -3.2% 15.4%
4 ICICIPRULI ICICI Prudential ₹496.90 72,089 44.8 63,356 1,608 0.3% 2.5% -10.5% 35.7% -79.7% 62.1%
5 GICRE General Insurance ₹337.75 59,255 6.7 51,723 8,877 16.9% 17.2% 6.8% 30.0% -8.6% -31.1%
6 MFSL Max Financial ₹1,585.90 54,444 492.4 49,823 137 0.5% 0.3% 2.6% -73.9% 16.7% 37.5%
7 STARHEALTH Star Health ₹555.55 32,689 38.7 18,509 844 4.4% 4.6% 10.7% -13.8% 16.2% 109.0%
8 NIACL New India ₹171.56 28,273 36.7 49,363 771 -1.3% 1.6% 14.3% 36.4% -3.6% -160.7%
9 GODIGIT Go Digit ₹250.90 23,196 47.1 10,128 492 0.7% 4.9% 6.8% 28.0% 5.5% -37.4%
10 FIVESTAR Five-Star Business ₹549.40 16,218 14.7 3,293 1,103 11.0% 33.5% 13.3% 2.3% 5.9% 2.0%
11 NIVABUPA Niva Bupa ₹74.77 13,830 38.1 7,598 360 4.2% 4.7% 24.6% -38.5% 65.8% 251.4%
12 PRUDENT Prudent Corporate ₹3,123.30 12,933 52.8 1,372 246 24.2% 17.9% 19.5% 13.8% 18.2% 43.8%
13 EDELWEISS Edelweiss Financial ₹126.74 11,996 17.1 10,508 711 27.5% 6.8% 12.5% 27.1% 3.7% 30.5%
14 IIFLCAPS IIFL Capital ₹344.80 10,867 18.8 2,433 572 35.0% 23.5% 0.6% -20.8% 2.3% 4.6%
15 SBFC SBFC Finance ₹87.70 9,745 20.1 1,783 480 9.8% 26.9% 28.6% 30.7% 26.7% 28.8%
16 RELIGARE Religare Enterprises ₹223.35 7,700 n/m 8,953 18 0.7% 0.2% 14.8% -60.3% 26.5% -687.3%
17 PAISALO Paisalo Digital ₹76.83 7,023 29.4 943 237 0.0% 25.1% 22.0% 19.1% 33.8% 56.5%
18 FEDFINA Fedbank Financial ₹150.76 5,655 12.9 2,563 434 12.9% 16.9% 7.1% 52.2% 34.3% 63.4%
19 MASFIN MAS Financial ₹288.85 5,241 13.3 2,092 398 7.1% 19.0% 24.8% 19.4% 20.3% 26.6%
20 NORTHARC Northern Arc ₹301.00 4,865 12.0 2,705 404 0.0% 14.9% 14.8% 34.2% 22.7% 250.0%
21 PILANIINVS Pilani Investment ₹4,020.00 4,451 — 248 -12 87.1% -4.9% -6.4% -68.5% -70.9% -1075.5%
22 SHAREINDIA Share India ₹183.78 4,022 11.1 1,577 364 40.1% 23.1% 1.5% -1.2% 31.4% 48.1%
23 KIRLOSIND Kirloskar Industries ₹3,690.00 3,878 50.6 113 76 71.5% 67.0% 9.0% -2.1% -27.9% -9.4%
24 INDOSTAR IndoStar Capital ₹239.15 3,866 — 1,417 -395 6.6% -27.8% 74.4% 15.7% -76.0% -97.9%
25 PNBGILTS PNB Gilts ₹78.87 1,420 7.4 1,740 193 90.1% 11.1% 7.7% -21.9% -1.5% 199.6%
❓ Frequently asked questions
What was PNB Gilts Limited's revenue in Q2 FY27?
PNB Gilts Limited reported revenue of ₹436 crore for the quarter ended September 2026 (Q2 FY27), down 1.5% from ₹443 crore in the same quarter last year, and down 4.0% sequentially over the June 2026 quarter.
What was PNB Gilts Limited's net profit in Q2 FY27?
The company swung to a net profit of ₹45 crore from a net loss of ₹45 crore a year earlier. Earnings per share (EPS) came in at ₹2.49.
What is PNBGILTS's market capitalisation and P/E ratio?
At the current price of ₹73.09, PNBGILTS has a market capitalisation of ₹1,316 crore and a trailing P/E of about 6.8.
Who owns PNB Gilts Limited? (shareholding pattern)
As of Sep 2026, promoters held 74.07%, foreign institutional investors (FIIs) 0.06%, public shareholders 25.87% of PNB Gilts Limited.
TTM ends 2026-09-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI