PSB Q1 FY27 call: NIM guided up to 2.60-2.65%, advances 18-20%
PSB · price
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Punjab and Sind Bank shared Q1 FY27 earnings call transcript. Net profit grew 23% YoY to Rs 331 cr. Overall business up 15% at Rs 2.66 lakh cr with advances rising 19%. NII up 15% YoY. Asset quality improved with GNPA 2.21%, NNPA 0.65%, PCR 92.33%. Management guided NIM to 2.60-2.65%, ROA 0.85-0.90%, ROE 12%, advances growth 18-20%. Targets Rs 900-1000 cr core fee income this year. Outlined 3-year plan to reach Rs 4 lakh cr business by FY29 with 2,000 branches.
Management reaffirmed strong growth and asset quality with margin and earnings guidance. Multi-year roadmap to Rs 4 lakh cr by FY29 supports earnings visibility.