PNBGILTSFinancial Services

PNB Gilts Limited

Investment Company · ISIN INE859A01011 · BSE 532366 · NSE EQ · FV ₹10
Last price
₹79
+0.76%today
What this company does

PNB Gilts Limited operates in Investment Company, part of the Financial Services sector. It booked ₹455 cr of revenue in its latest quarter (Q1 FY27) and kept 17.8% of sales as profit.

In the report:
66out of 100
Equitytale Health Score
Solid

Healthier than 66% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 129–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
44

At close. Not part of the score.

Profitability & returns65

How much profit it earns on the money it employs

Cash quality3

Whether reported profit actually arrives as cash

Growth & consistency49

Whether sales and profit have grown, and how steadily

Valuation88

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 18% net margin
Promoters hold 74%
No promoter shares pledged
Strong 19% return on equity
Watch-outs
! Sales down 19% vs last year
! Profit down 50% vs last year
! Carries high debt (D/E 14.6)
! Operating cash flow is negative

What if I invest in PNBGILTS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹79 +0.76%
latest close · 2026-09-17
1-year return
+19.2%
52-wk low ₹5752-wk high ₹90
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio4.4Low
LowAverageHigh
P/B ratio0.83Below book
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity18.9%Strong
WeakFairStrong ▸15%
Net margin17.8%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity14.55High
LowModerateHigh ▸1
More figures
Market cap
₹1,413 cr
Book value
₹95
EPS
₹4.48
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
1.2%
Earnings yield
22.83%
P/S
0.78
Sales / share
₹101.0
Tax rate
25.5%
Face value
₹10
Shares
18.0 cr
Working capital
Current assets
Current liabilities
Delivery %
46.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The models disagree too widely to call this cheap or dear — likely a hard-to-compare or transitioning business.
Models span ₹60₹187, midpoint ₹124

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹455 cr
Other Income₹15.6 L
Total Income₹455 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹3 cr
Finance Costs₹331 cr
Depreciation & Amortisation₹57.2 L
Other Expenses₹4 cr
Total Expenses₹347 cr
Exceptional Items₹7.7 L
Profit before Tax₹108 cr
Tax Expense₹28 cr
Net Profit₹81 cr
Net margin on total income17.7%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹3 cr0.8%
Finance costs₹331 cr72.7%
Depreciation & amortisation₹57.2 L0.1%
Other expenses₹12 cr2.6%
Tax expense₹28 cr6.1%
Profit for the period₹81 cr17.7%
Total income ₹455 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue425 cr424 cr455 cr
Total income425 cr424 cr455 cr
Expenses358 cr410 cr347 cr
Profit before tax68 cr14 cr108 cr
Tax14 cr1 cr28 cr
Net profit (owners' share)54 cr13 cr81 cr
Net margin (owners' share, on revenue)12.7%3.1%17.8%
EPS (₹)2.990.724.48
YoY (latest quarter): total income -19.3% · net profit -49.6%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹27,060 cr
Shareholder equity
₹1,710 cr
parent shareholders
Total debt
₹24,880 cr
Cash
₹44.5 L
Cash flow · H1 FY26
Operating
₹-2,453 cr
Investing
₹-53.6 L
Financing
₹2,442 cr
Peer comparison
Investment Company · by market value
CompanyPriceMarket capP/E
Jio Financial Services Limited₹229₹1.51 L cr45.1
Aditya Birla Capital Limited₹390₹1.07 L cr21.9
Cholamandalam Financial Holdings Limited₹1,499₹62,490 cr8.7
Tata Investment Corporation Limited₹719₹36,397 cr63.3
TVS Holdings Limited₹12,884₹26,077 cr10.7
Religare Enterprises Limited₹250₹15,052 cr
Maharashtra Scooters Limited₹13,151₹15,032 cr1,129.8
JSW Holdings Limited₹11,146₹12,370 cr126.0
Pilani Investment and Industries Corporation Limited₹4,082₹4,520 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1
ex 10 Sep 2025
ActionDetailEx-date
Dividend₹1 / share10 Sep 2025
Dividend₹1 / share13 Sep 2024
Dividend₹5 / share25 Aug 2022
Dividend₹3 / share2 Sep 2021
Dividend₹4 / share11 Feb 2021
Dividend₹3 / share18 Nov 2020
Who owns it · 2026-06-30
No pledge
Promoter
74.1%
FII / Foreign
0.1%
DII / Domestic
0.0%
Retail / others
25.9%
Smart-money activity
Bulk / block deals
BoughtQE SECURITIES LLP · NSE9.75 L @ ₹95.25 Jun 26
SoldQE SECURITIES LLP · NSE9.35 L @ ₹95.335 Jun 26
SoldJUNOMONETA FINSOL PRIVATE LIMITED · NSE11.79 L @ ₹95.625 Jun 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 17 Sep 2025
See the official result
1
To receive, consider and adopt the audited financial statements of the Company for the year ended March 31, 2025 and the Reports of the Auditors and the Board of Directors thereon
Backed by 100% of shareholders other than promotersneeded 50%
7.23 L votes for, 1,195 against · 0% of mutual funds and other big investors said no
2
To declare a final dividend of `1 per equity share of `10/- each for the year ended March 31, 2025.
Backed by 100% of shareholders other than promotersneeded 50%
7.24 L votes for, 1,143 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Sh. Kalyan Kumar (holding DIN: 09631251), who is liable to retire by rotation and being eligible, offers himself for reappointment
Backed by 100% of shareholders other than promotersneeded 50%
7.22 L votes for, 2,843 against · 0% of mutual funds and other big investors said no
4
To authorize the Board of Directors to fix the remuneration of the Statutory Auditor(s) / Joint Statutory Auditors of the Company, as appointed by the Comptroller and Auditor General of India, for the financial year 2025-26
Backed by 100% of shareholders other than promotersneeded 50%
7.23 L votes for, 2,021 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

The named holders in this filing do not add up to the promoter total it states, so we are not presenting them as the promoter group.
How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.