Financials Punjab National Bank

Equities

PNB

INE160A01022

Banks

Market Closed - NSE India S.E. Other stock markets 05:10:31 13/09/2024 pm IST			5-day change	1st Jan Change
111.11 ^INR	+2.20%		+1.01%	+16.04%

12/09	Punjab National Bank Appoints Ambarish Ojha as Shareholder Director	CI
08/09	FinMin Clears Decks for Punjab National Bank, Bank of Maharashtra to Raise INR 100,000 Million Via QIP in FY25	CI

Projected Income Statement: Punjab National Bank

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	2,67,119	4,32,888	4,10,144	4,66,342	5,34,666	5,72,565	6,25,724	6,61,546
Change	-	62.06%	-5.25%	13.7%	14.65%	7.09%	9.28%	5.72%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	1,47,386	2,29,801	2,07,618	2,25,288	2,49,308	2,79,390	3,13,642	3,33,786
Change	-	55.92%	-9.65%	8.51%	10.66%	12.07%	12.26%	6.42%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	7,390	34,794	43,164	42,883	1,31,942	2,18,261	2,30,998	2,52,178
Change	-	370.83%	24.06%	-0.65%	207.68%	65.42%	5.84%	9.17%
Net income ¹	3,362	20,216	34,570	25,072	82,446	1,39,176	1,61,625	1,87,171
Change	-	501.31%	71%	-27.47%	228.84%	68.81%	16.13%	15.81%
Announcement Date	19/06/20	04/06/21	11/05/22	19/05/23	09/05/24	-	-	-

¹INR in Million

Estimates

Fiscal Period: March	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	62,167	65,285	67,598	72,069	1,04,363	1,08,859	1,12,868	1,06,798	1,08,207	96,348	1,05,038	97,542	1,00,798	1,11,179	1,25,173	1,29,191	1,29,381	1,29,512	1,29,666	1,46,107	1,40,858	1,43,300	1,46,800	1,51,700
Change	-	5.02%	3.54%	6.61%	44.81%	4.31%	3.68%	-5.38%	1.32%	-10.96%	9.02%	-7.14%	3.34%	10.3%	12.59%	3.21%	0.15%	0.1%	0.12%	12.68%	-3.59%	3.32%	2.44%	3.34%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	34,814	35,620	37,629	39,323	52,800	56,749	63,908	56,343	60,986	40,211	50,763	52,648	53,792	55,672	57,159	58,664	59,680	62,164	63,307	64,157	65,812	71,100	72,200	73,900
Change	-	2.31%	5.64%	4.5%	34.27%	7.48%	12.62%	-11.84%	8.24%	-34.07%	26.24%	3.71%	2.17%	3.49%	2.67%	2.63%	1.73%	4.16%	1.84%	1.34%	2.58%	7.31%	1.55%	2.35%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-	6,330	-3,831	-9,690	5,942	9,788	9,582	9,483	14,206	7,598	17,228	4,133	5,890	6,608	10,026	20,358	20,027	27,722	35,916	48,276	52,688	56,600	57,300	57,200
Change	-	-	-	152.92%	-	64.73%	-2.1%	-1.04%	49.81%	-46.52%	126.75%	-76.01%	42.52%	12.19%	51.71%	103.07%	-1.63%	38.42%	29.56%	34.41%	9.14%	11.02%	1.24%	-0.17%
Net income ¹	10,186	5,070	-4,923	-6,972	3,084	6,208	5,060	5,863	10,235	11,052	11,268	2,016	3,084	4,113	6,289	11,586	12,554	17,561	22,228	30,103	32,515	35,600	36,100	36,700
Change	-	-50.22%	-	41.63%	-	101.27%	-18.49%	15.87%	74.55%	7.98%	1.96%	-82.11%	53.02%	33.34%	52.91%	84.23%	8.35%	39.88%	26.57%	35.43%	8.01%	13.31%	1.4%	1.66%
Announcement Date	26/07/19	05/11/19	04/02/20	19/06/20	21/08/20	02/11/20	05/02/21	04/06/21	02/08/21	27/10/21	28/01/22	11/05/22	28/07/22	01/11/22	30/01/23	19/05/23	26/07/23	26/10/23	25/01/24	09/05/24	27/07/24	-	-	-

¹INR in Million

Estimates

Forecast Balance Sheet: Punjab National Bank

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	19/06/20	04/06/21	11/05/22	19/05/23	09/05/24	-	-	-

Estimates

Cash Flow Forecast: Punjab National Bank

Fiscal Period: March	2019	2020	2021	2022	2023	2024
CAPEX ¹	4,417	15,885	7,868	5,364	5,524	11,436
Change	-	259.65%	-50.47%	-31.83%	2.98%	107.04%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	12/09/19	12/07/20	03/07/21	07/06/22	08/06/23	06/06/24

¹INR in Million

Estimates

Forecast Financial Ratios: Punjab National Bank

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	55.18%	53.09%	50.62%	48.31%	46.63%	48.8%	50.12%	50.46%
EBT Margin (%)	-	2.77%	8.04%	10.52%	9.2%	24.68%	38.12%	36.92%	38.12%
Net margin (%)	-	1.26%	4.67%	8.43%	5.38%	15.42%	24.31%	25.83%	28.29%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.04%	0.15%	0.26%	0.18%	0.54%	0.81%	0.92%	0.95%
ROE	-	0.63%	2.64%	2.4%	3.94%	11.66%	12.21%	12.9%	12.82%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	0.64	0.65	1.5	2.407	2.847	3.15
Change	-	-	-	-	1.56%	130.77%	60.46%	18.28%	10.63%
Book Value Per Share ¹	-	92.55	86.79	86.72	90.69	96.7	103.8	115.2	131.9
Change	-	-	-6.22%	-0.08%	4.57%	6.63%	7.36%	10.95%	14.54%
EPS ¹	-	0.62	2.08	3.16	2.28	7.49	12.44	14.42	16.68
Change	-	-	235.48%	51.92%	-27.85%	228.51%	66.1%	15.9%	15.67%
Nbr of stocks (in thousands)	-	67,37,566	1,04,77,682	1,10,11,016	1,10,11,016	1,10,11,016	1,10,11,016	1,10,11,016	1,10,11,016
Announcement Date	-	19/06/20	04/06/21	11/05/22	19/05/23	09/05/24	-	-	-