PNB Gilts Ltd. operates as a primary dealer in government securities in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹65.80|
|52 Week High||₹37.00|
|52 Week Low||₹94.65|
|1 Month Change||-0.23%|
|3 Month Change||-25.90%|
|1 Year Change||54.28%|
|3 Year Change||143.25%|
|5 Year Change||152.11%|
|Change since IPO||348.76%|
Recent News & Updates
|532366||IN Capital Markets||IN Market|
Return vs Industry: 532366 underperformed the Indian Capital Markets industry which returned 56.4% over the past year.
Return vs Market: 532366 underperformed the Indian Market which returned 59% over the past year.
Stable Share Price: 532366 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 532366's weekly volatility (6%) has been stable over the past year.
About the Company
PNB Gilts Ltd. operates as a primary dealer in government securities in India. The company is involved in the underwriting government securities issuances; and trading of fixed income instruments, such as government securities, treasury bills, state development loans, corporate bonds, and interest rate swaps, as well as various money market instruments, including certificates of deposits, commercial papers, etc.; and provision of custodian services to its constituents. It also provides gilts accounts and mutual funds, as well as non-SLR papers, including bonds issued by public sector undertakings and other corporate bodies.
PNB Gilts Fundamentals Summary
|532366 fundamental statistics|
Is 532366 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|532366 income statement (TTM)|
|Cost of Revenue||₹121.69m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||11.65|
|Net Profit Margin||56.02%|
How did 532366 perform over the long term?See historical performance and comparison
15.2%Current Dividend Yield
Is PNB Gilts undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 532366 (₹65.8) is trading above our estimate of fair value (₹33.8)
Significantly Below Fair Value: 532366 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 532366 is good value based on its PE Ratio (5.7x) compared to the Indian Capital Markets industry average (17x).
PE vs Market: 532366 is good value based on its PE Ratio (5.7x) compared to the Indian market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 532366's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532366's PB Ratio (0.9x) is in line with the IN Capital Markets industry average.
How is PNB Gilts forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 PNB Gilts 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.
How has PNB Gilts performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532366 has high quality earnings.
Growing Profit Margin: 532366's current net profit margins (56%) are lower than last year (62.8%).
Past Earnings Growth Analysis
Earnings Trend: 532366's earnings have grown significantly by 37.9% per year over the past 5 years.
Accelerating Growth: 532366's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 532366 had negative earnings growth (-50.7%) over the past year, making it difficult to compare to the Capital Markets industry average (60.8%).
Return on Equity
High ROE: 532366's Return on Equity (15.9%) is considered low.
How is PNB Gilts's financial position?
Financial Position Analysis
Short Term Liabilities: 532366's short term assets (₹121.4B) exceed its short term liabilities (₹108.1B).
Long Term Liabilities: 532366's short term assets (₹121.4B) exceed its long term liabilities (₹133.8M).
Debt to Equity History and Analysis
Debt Level: 532366's debt to equity ratio (819.9%) is considered high.
Reducing Debt: 532366's debt to equity ratio has increased from 669.5% to 819.9% over the past 5 years.
Debt Coverage: 532366's debt is well covered by operating cash flow (23%).
Interest Coverage: Insufficient data to determine if 532366's interest payments on its debt are well covered by EBIT.
What is PNB Gilts's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532366's dividend (15.2%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: 532366's dividend (15.2%) is in the top 25% of dividend payers in the Indian market (1.45%)
Stability and Growth of Payments
Stable Dividend: 532366's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532366's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.1%), 532366's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vikas Goel (55 yo)
Shri Vikas Goel has been a Managing Director, Chief Executive Officer and Executive Director at PNB Gilts Ltd. since February 1, 2019. Shri Goel has worked with three multinational banks (American Express...
CEO Compensation Analysis
Compensation vs Market: Vikas's total compensation ($USD222.10K) is about average for companies of similar size in the Indian market ($USD203.97K).
Compensation vs Earnings: Vikas's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: 532366's management team is considered experienced (3.7 years average tenure).
Experienced Board: 532366's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PNB Gilts Ltd.'s employee growth, exchange listings and data sources
- Name: PNB Gilts Ltd.
- Ticker: 532366
- Exchange: BSE
- Founded: 1996
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: ₹12.178b
- Shares outstanding: 180.01m
- Website: https://www.pnbgilts.com
Number of Employees
- PNB Gilts Ltd.
- 5, Sansad Marg
- New Delhi
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/20 12:02|
|End of Day Share Price||2021/09/20 00:00|
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.