Punjab National Bank has informed the Exchange about Transcript
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Awaiting price reaction for this filing.
Punjab National Bank reported strong Q4 FY25 results with net profit of Rs. 4,567 crore (up 51.7% YoY) and full-year FY25 net profit of Rs. 16,630 crore (up 101.7% YoY). Global business grew 14% YoY to Rs. 26.83 trillion, with deposits up 14.4% and advances up 13.6%, both exceeding earlier guided growth rates. Asset quality improved sharply with gross NPA falling to 3.95% and net NPA to 0.40%, while capital adequacy stood strong at 17.01%. Management guided for credit growth above 12%, a recovery target of Rs. 16,000 crore in FY26, and NIM improvement to 2.9–3% from Q2–Q3 FY26 onwards, while acknowledging margin pressure in H1 FY26 and revealing plans to raise Rs. 8,000 crore through AT-1 and Tier-2 bonds.
Strong earnings beat, cleaner balance sheet, and positive forward guidance on growth and profitability are supportive for the stock. However, near-term margin pressure in H1 FY26 from repo rate cuts, the spike in agri and MSME slippages in Q4, and the planned tax regime shift are key points to watch for investors.