Punjab National Bank

NSE: PNB · Banking · PSU

₹108.75

▼ -1.14%

BUY

Illustrative research · not investment advice Demo price · quote unavailable · Fundamentals and research: sample dataset (30 Oct 2026)

Price chart

Illustrative price history · not actual market candles

A. Company overview

Major public sector bank with wide rural reach.

Market cap

₹5,22,835 Cr

Industry / Sector

Banking

Segments

Website

Visit ↗

RetailCorporateTreasury

B. Fundamental analysis (illustrative)

Revenue growth

+10.22%

Net profit growth

+21.16%

Operating margin

9.65%

EBITDA margin

11.88%

ROE

30.96%

ROCE

35.27%

Debt / Equity

0.13

EPS

₹17.13

Operating cash flow

₹14,059 Cr

Working capital

₹11,170 Cr

5-year revenue & profit (₹ Cr)

C. Financial statements (illustrative)

₹ Cr	FY22	FY23	FY24	FY25	FY26
Revenue	95,446	1,02,644	1,14,631	1,28,369	1,39,623
EBITDA	10,845	13,513	14,633	13,959	16,585
Net profit	6,778	8,445	9,146	8,724	10,366
EPS (₹)	11.99	13.36	14.73	16.1	17.47

D. Valuation analysis

P/E

6.35

P/B

11.67

EV/EBITDA

19.16

Price/Sales

4.37

EPS

₹17.13

Dividend yield

5.35%

Peer comparison — Banking

Company	CMP	P/E	P/B	ROE	D/E
Punjab National Bank	108.75	6.35	11.67	30.96%	0.13
State Bank of India	814.51	6.93	10.04	21.42%	0.05
HDFC Bank	1,690.58	23.3	10.91	10.66%	0.1
ICICI Bank	1,268.15	46.62	2.4	17.96%	0.19
Kotak Mahindra Bank	2,125.2	32.22	7.88	28.69%	0.07
Axis Bank	1,190.15	59.69	4.45	15.3%	0.16
IndusInd Bank	780.48	51.93	8.94	26.71%	0.19
Bank of Baroda	248.95	9.26	8.92	11.46%	0.07
Canara Bank	116.31	13.12	9.08	27.38%	0.14

E. Technical analysis

RSI (14)

67.67

MACD

-6.85

Support

₹103.31

Resistance

₹115.28

Volume

2,40,35,494

Illustrative technical charts · not actual market history

Candlestick (last 50 sessions)

Price with 50-DMA & 200-DMA, volume

Fibonacci retracement levels

23.6% · ₹113.68

38.2% · ₹112.02

50.0% · ₹110.69

61.8% · ₹109.35

F. Shareholding pattern

Promoter (Government)70.08%

FII8.54%

DII8.52%

of which Mutual Funds5.46%

Public12.86%

G. SWOT analysis

Strengths

Established position in Banking
ROE of 30.96% in demo data

Weaknesses

Limited pricing power in some segments
Cyclical exposure

Opportunities

Domestic demand growth
Expansion in Retail

Threats

Regulatory changes
Competitive intensity

Illustrative template points for demonstration.

H. Research conclusion

Financial strength

Conservative balance sheet

Business quality

High capital efficiency

Valuation

Reasonable valuation

Growth

Sales growth of 10.22%

Risk assessment

High risk

Overall

Illustrative BUY opinion · target ₹136.48 · stop loss ₹95.10

I. Corporate actions

Dividend history (₹/share)

Year	Dividend
FY22	4.66
FY23	5
FY24	5.35
FY25	5.7
FY26	6.05

Bonus, splits & announcements

Bonus history: none in demo dataset
Stock split history: none in demo dataset
Board meeting for quarterly results — demo announcement