PNBGILTSFinancial Services

PNB Gilts Limited

Investment Company · ISIN INE859A01011 · BSE 532366 · NSE EQ · FV ₹10
Last price
₹79
+2.28%today
What this company does

PNB Gilts Limited operates in Investment Company, part of the Financial Services sector. It booked ₹436 cr of revenue in its latest quarter (Q2 FY27) and kept 10.3% of sales as profit.

In the report:
53out of 100
Equitytale Health Score
Mixed

Healthier than 53% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 102–253 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)
58

At close. Not part of the score.

Profitability & returns31

How much profit it earns on the money it employs

Cash quality3

Whether reported profit actually arrives as cash

Growth & consistency48

Whether sales and profit have grown, and how steadily

Valuation85

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
✓ Promoters hold 74%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
! Carries high debt (D/E 13.6)

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 We do not publish price targets or predict returns.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▲ +2.28%
latest close · 2026-11-04
1-year return
+14.1%
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 ratio7.9Low
LowAverageHigh
P/B ratio0.79Below book
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.0%Fair
WeakFairStrong ▸15%
Net margin10.3%Decent
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity13.61High
LowModerateHigh ▸1
More figures
Market cap
₹1,420 cr
Book value
₹100
EPS
₹2.49
latest quarter
Net debt
—
Enterprise value
—
EBITDA
—
EBIT
—
Operating margin
—
Return on assets
0.7%
Earnings yield
12.63%
P/S
0.81
Sales / share
₹97.0
Tax rate
25.6%
Face value
₹10
Shares
18.0 cr
Working capital
—
Current assets
—
Current liabilities
—
Delivery %
36.6%
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 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks underpricedMedium confidence
Median of 2 models ₹99 vs market price ₹79 — price is 21% below it
Safety cushion+20.5%(target ≥ +20%)
Models span ₹63–₹135, midpoint ₹99
Model ₹99
Price ₹79
Cheap sideExpensive side

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 · Q2 FY27 (consolidated)
Revenue from Operations₹436 cr
Other Income₹27.6 L
Total Income₹437 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹5 cr
Finance Costs₹342 cr
Depreciation & Amortisation₹59.1 L
Other Expenses₹4 cr
Total Expenses₹377 cr
Exceptional Items₹17.8 L
Profit before Tax₹60 cr
Tax Expense₹15 cr
Net Profit₹45 cr
Net margin on total income10.3%
Where the money goes · Q2 FY27
% of total income
Employee benefit expense₹5 cr1.0%
Finance costs₹342 cr78.3%
Depreciation & amortisation₹59.1 L0.1%
Other expenses₹29 cr6.7%
Tax expense₹15 cr3.5%
Profit for the period₹45 cr10.3%
Total income ₹437 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue424 cr455 cr436 cr
Total income424 cr455 cr437 cr
Expenses410 cr347 cr377 cr
Profit before tax14 cr108 cr60 cr
Tax1 cr28 cr15 cr
Net profit (owners' share)13 cr81 cr45 cr
Net margin (owners' share, on revenue)3.1%17.8%10.3%
EPS (₹)0.724.482.49
YoY (latest quarter): total income -1.6% · net profit —
Balance sheet & cash flow · as of Sep 2026
High debt
Total assets
₹26,755 cr
Shareholder equity
₹1,799 cr
parent shareholders
Total debt
₹24,494 cr
Cash
₹152 cr
Cash flow · H1 FY27
Operating
₹574 cr
Investing
₹20.5 L
Financing
₹-423 cr
Peer comparison
Investment Company · by market value
CompanyPriceMarket capP/E
Jio Financial Services Limited₹214₹1.41 L cr105.0
Aditya Birla Capital Limited₹381₹1.04 L cr20.2
Cholamandalam Financial Holdings Limited₹1,400₹58,367 cr8.2
Tata Investment Corporation Limited₹553₹27,977 cr60.4
TVS Holdings Limited₹12,389₹25,075 cr10.3
Maharashtra Scooters Limited₹12,118₹13,851 cr11.8
Religare Enterprises Limited₹220₹13,248 cr—
JSW Holdings Limited₹10,863₹12,057 cr23.0
Pilani Investment and Industries Corporation Limited₹3,868₹4,283 cr—
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
2.54%
trailing 12 months
Dividend / share (TTM)
₹2
Last dividend
₹2
ex 21 Sep 2026
ActionDetailEx-date
Dividend₹2 / share21 Sep 2026
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
Who owns it · 2026-09-30
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 · 28 Sep 2026
See the official result
1
To receive, consider and adopt the audited financial statements of the Company for the year ended March 31, 2026 and the Reports of the Auditors and the Board of Directors thereto.
Backed by 99% of shareholders other than promotersneeded 50%
2.74 L votes for, 1,790 against · 0% of mutual funds and other big investors said no
2
To declare a final dividend of Rs. 2 per equity share of Rs. 10 each for the year ended March 31, 2026.
Backed by 99% of shareholders other than promotersneeded 50%
2.74 L votes for, 1,790 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Sh. Pareed Sunil (holding DIN: 11001150), who is liable to retire by rotation and being eligible, offers himself for reappointment
Backed by 99% of shareholders other than promotersneeded 50%
2.73 L votes for, 1,887 against · 0% of mutual funds and other big investors said no
4
To authorize Board of Directors to fix 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 2026-27.
Backed by 99% of shareholders other than promotersneeded 50%
2.73 L votes for, 1,878 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.