BSE:533295

Stock Analysis Report

Punjab & Sind Bank

Executive Summary

Punjab & Sind Bank provides various banking and financial products and services in India.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Punjab & Sind Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 533295's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.0%

533295

-2.8%

IN Banks

-3.9%

IN Market


1 Year Return

-36.6%

533295

5.3%

IN Banks

4.5%

IN Market

Return vs Industry: 533295 underperformed the Indian Banks industry which returned 6.1% over the past year.

Return vs Market: 533295 underperformed the Indian Market which returned 5.2% over the past year.


Shareholder returns

533295IndustryMarket
7 Day-3.0%-2.8%-3.9%
30 Day-17.3%-3.5%-3.9%
90 Day-19.6%-7.9%-2.1%
1 Year-36.6%-36.6%5.7%5.3%6.4%4.5%
3 Year-69.4%-69.4%10.7%9.5%19.4%12.8%
5 Year-68.4%-69.9%5.9%2.5%28.2%16.6%

Price Volatility Vs. Market

How volatile is Punjab & Sind Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Punjab & Sind Bank undervalued compared to its fair value and its price relative to the market?

0.16x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 533295's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 533295's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 533295 is unprofitable, so we can't compare its PE Ratio to the Banks industry average.

PE vs Market: 533295 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 533295's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 533295 is good value based on its PB Ratio (0.2x) compared to the IN Banks industry average (0.6x).


Next Steps

Future Growth

How is Punjab & Sind Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.8%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Punjab & Sind Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Punjab & Sind Bank performed over the past 5 years?

-59.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 533295 is currently unprofitable.

Growing Profit Margin: 533295 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 533295 is unprofitable, and losses have increased over the past 5 years at a rate of -59.1% per year.

Accelerating Growth: Unable to compare 533295's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 533295 is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (25.5%).


Return on Equity

High ROE: 533295 has a negative Return on Equity (-13.35%), as it is currently unprofitable.


Next Steps

Financial Health

How is Punjab & Sind Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 533295 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 533295's debt is covered by short term assets (assets are 3.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 533295 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 533295 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.1% per year.


Financial Institutions Analysis

Asset Level: 533295's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if 533295 has a sufficient allowance for bad loans.

Low Risk Liabilities: 533295's liabilities are made up of primarily low risk sources of funding.

Loan Level: 533295 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 533295's loans are broadly funded by customer deposits.

Level of Bad Loans: 533295 has a high level of bad loans (14.67%)


Next Steps

Dividend

What is Punjab & Sind Bank's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 533295's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 533295's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 533295's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 533295's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 533295 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 533295's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average management tenure


CEO

S. Harisankar (58yo)

1.4yrs

Tenure

₹1,425,408

Compensation

Mr. S. Harisankar serves as Managing Director, Chief Executive Officer and Director of Punjab & Sind Bank since September 19, 2018. He served as an Executive Director of Allahabad Bank till September 19, 2 ...


CEO Compensation Analysis

Compensation vs Market: S.'s total compensation ($USD19.91K) is below average for companies of similar size in the Indian market ($USD300.74K).

Compensation vs Earnings: Insufficient data to compare S.'s compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
S. Harisankar
MD, CEO & Director1.4yrs₹1.43mno data
Fareed Abdul Ahmed
Executive Director3yrs₹2.40mno data
Govind Dongre
Executive Director2.3yrs₹2.36mno data
Harvinder Sachdev
CFO & GM of Accounts1.9yrsno datano data
Vinay Khandelwal
Company Secretary & Compliance Officer0yrsno datano data
Subhash Ahuja
Chief Customer Service Officer3.8yrsno datano data
Amit Srivastava
Chief Risk Officer0.3yrsno datano data

1.7yrs

Average Tenure

59yo

Average Age

Experienced Management: 533295's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
S. Harisankar
MD, CEO & Director1.4yrs₹1.43mno data
Fareed Abdul Ahmed
Executive Director3yrs₹2.40mno data
Govind Dongre
Executive Director2.3yrs₹2.36mno data
B. Vijayendra
RBI Nominee Director0.8yrsno datano data
Harsh Singh
Non-Official Shareholder Director2.6yrs₹595.00k0.00015% 17.4k
Tirath Mendiratta
Non-Official Shareholder Director2.6yrs₹480.00k0.000010% 1.2k
Sewa Mehar
Government Nominee Director5.4yrsno datano data
Madhu Dadu
Non Official Part Time Director2.2yrs₹500.00kno data
Shailesh Ghedia
Non Official Part Time Director2.2yrs₹500.00kno data
Charan Singh
Non-Executive Chairman1.8yrs₹480.00kno data

2.3yrs

Average Tenure

59yo

Average Age

Experienced Board: 533295's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.2%.


Top Shareholders

Company Information

Punjab & Sind Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Punjab & Sind Bank
  • Ticker: 533295
  • Exchange: BSE
  • Founded: 1908
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ₹11.602b
  • Shares outstanding: 701.05m
  • Website: https://www.psbindia.com

Number of Employees


Location

  • Punjab & Sind Bank
  • 21-Rajendra Place
  • 1st Floor
  • New Delhi
  • Delhi
  • 110008
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533295BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2010
PSBNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2010

Biography

Punjab & Sind Bank provides various banking and financial products and services in India. The company offers deposit products, including saving accounts, current accounts, recurring deposit accounts, and fixed deposits; and loans, such as housing, auto, education, skill, commercial vehicle, consumer and computer, personal, doctor, mortgage, business, gold, and other loans, as well as sukhmoney scheme for senior citizens, SB OD schemes, and loans against property. It also provides non fund based letter of credit, LC advising/confirming, bank guarantee, letter of comfort for availing the buyers credit, co-acceptance facility, solvency certificate, and credit report products and services, as well as priority sector schemes and debt restructuring services. In addition, the company offers locker facility, RTGS/NEFT, Internet banking, online payment, mobile banking, and SMS and ATM banking services; debit and credit cards; and international banking services comprising NRI, forex daily rate card, resident facility, export/import, forex treasury, gold card scheme, and SWIFT services. Punjab & Sind Bank was founded in 1908 and is headquartered in New Delhi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 12:59
End of Day Share Price2020/02/27 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.