PNB Gilts Ltd (PNBGILTS) — shareholding pattern, promoter holding, financials and share price
About PNB Gilts Ltd (PNBGILTS)
PNB Gilts Ltd operates in the Investment Company industry, within the Financial Services sector. It trades on the NSE as PNBGILTS and on the BSE under scrip code 532366. Its ISIN is INE859A01011.
The Co’s primary activities include supporting government borrowing program via underwriting of government securities issuances and trading in a gamut of fixed income instruments such as Government securities, Treasury Bills, State Development Loans, Corporate Bonds, Interest Rate Swaps and various money market instruments such as Certificates of Deposits, Commercial Papers etc. [1]
PNB Gilts Limited is a primary dealer in the Government Securities Market, with over 90% of its operations in this area. The company supports the government borrowing program through underwriting and trading activities.
Incorporated in 1996, PNB Gilts is a subsidiary of Punjab National Bank and operates as an NBFC, having been granted the license by the RBI to function as a standalone primary dealer.
Listed peers in Investment Company: Shipping Corporation of India Land & Assets Ltd, Summit Securities Ltd, Innovassynth Technologies (India) Ltd, Jindal Photo Ltd, Jindal Poly Investment & Finance Company Ltd, Vardhman Holdings Ltd.
Valuation & Returns
10 Jul 2026At ₹87.97 a share on 10 Jul 2026, PNB Gilts Ltd (PNBGILTS) was valued at a price-to-earnings ratio of 8.72x against an industry P/E of 19.5x and a price-to-book of 1.02x on a book value of ₹85.84 per share as of Mar 2025. Solomo computes return on equity of 11.75% and return on capital employed of 5.84% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 8.72x
- Industry P/E
- 19.5x
- P/B
- 1.02x
- EPS (TTM)
- ₹10.09
- Book value / share
- ₹85.84
- ROE
- 11.75%
- ROCE
- 5.84%
- ROA
- 0.74%
- Debt / equity
- 14.48x
- EBITDA margin
- 83.91%
- 52-week range
- ₹58.75 – ₹119.84
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, PNB Gilts Ltd (PNBGILTS) reported revenue of ₹1,699 crore, net profit of ₹182 crore and earnings per share of ₹10.09. That compares with revenue of ₹1,676 crore and net profit of ₹233 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹424 crore and net profit ₹13 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 756 | 1,230 | 1,577 | 1,676 | 1,699 |
| Net profit (₹ cr) | 166 | -77 | 69 | 233 | 182 |
| EPS (₹) | 9.21 | -4.29 | 3.86 | 12.95 | 10.09 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 19.27% | 13.69% | 30.41% | 6.32% |
| Profit growth | 23.65% | 4.57% | 12.03% | 235.73% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.07% of PNB Gilts Ltd (PNBGILTS) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.07% and domestic institutional investors (DII) hold 0%. Market capitalisation was ₹1,584 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: VINEET NAHATA 1.7%, HUF 1.19%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.07% | - | 0.07% | 0% | 25.93% |
| Mar 2026 | 74.07% | - | 0.18% | 0% | 25.93% |
| Dec 2025 | 74.07% | - | 0.3% | 0% | 25.93% |
| Sep 2025 | 74.07% | - | 0.77% | 0% | 25.93% |
| Jun 2025 | 74.07% | - | 0.53% | 0% | 25.93% |
| Mar 2025 | 74.07% | - | 0.35% | 0% | 25.93% |
| Dec 2024 | 74.07% | - | 0.29% | 0% | 25.93% |
| Sep 2024 | 74.07% | - | 0.1% | 0% | 25.93% |