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Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Punjab & Sind Bank

About the Company - Punjab & Sind Bank

Punjab & Sind Bank is a Public Limited Listed company incorporated on 24/06/1908 and registered in the State of New Delhi, India. Company presently involved in the business activities of Banking Business.
INDUSTRYADDRESSCONTACT
Finance - Banks - Public SectorBank House, New Delhi Delhi 110008complianceofficer@psb.co.in
https://punjabandsindbank.co.in
Management
NamePosition Held
Dr. Charan SinghChairman
Mr. Swarup Kumar SahaManaging Director & CEO
Dr. Ram Jass YadavExecutive Director
Mr. Kollegal V RaghavendraExecutive Director
Mrs. Rshmi KhetrapalPart Time Non Official Director
Mr. Shankar Lal AgarwalPart Time Non Official Director
Mr. T R MendirattaShareholder Director
Ms. M G JayasreeGovernment Nominee Director
Mr. K P PatnaikNominee Director

Punjab & Sind Bank Share Price Update

Share PriceValue
Today₹66.73
Previous Day₹70.82

Basic Stock Data of Punjab & Sind Bank

Market Cap 44,496 Cr.
Current Price 65.6
High / Low77.5/23.1
Stock P/E48.7
Book Value 22.3
Dividend Yield0.73 %
ROCE5.26 %
ROE9.01 %
Face Value 10.0

Data Source: screener.in

Competitors of Punjab & Sind Bank

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
UCO Bank 70,994 Cr. 59.470.7/22.241.6 21.60.00 %4.75 %7.55 % 10.0
Union Bank of India 1,08,148 Cr. 146155/60.38.14 1152.06 %5.02 %11.4 % 10.0
Bank of Baroda 1,39,446 Cr. 270281/1547.29 2031.98 %5.17 %15.1 % 2.00
State Bank of India (SBI) 6,89,828 Cr. 773777/5029.97 4021.47 %5.20 %16.8 % 1.00
Punjab National Bank 1,41,161 Cr. 128133/44.418.4 93.40.50 %4.10 %3.34 % 2.00
Industry Average15.8 Cr275.2817.081671.2%4.85%10.84%5

Punjab & Sind Bank Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Revenue1,8001,7631,6111,6901,7411,8711,7931,8001,9802,1072,1052,3162,406
Interest1,1871,1471,1161,1111,1241,1141,0961,0911,2051,3021,4211,5781,731
Expenses1,4203,612666459775622463542723391638682648
Financing Profit-807-2,995-171120-15813523416752414465627
Financing Margin %-45%-170%-11%7%-9%7%13%9%3%20%2%2%1%
Other Income175211340214256171215115140138547179268
Depreciation-0-0-0-0-0-0-0-0-0-0-0-0-0
Profit before tax-632-2,78516933498306449282193552593234295
Tax %37%15%5%48%-123%2%23%27%-44%32%23%35%36%
Net Profit-401-2,376161174218301346205278373457153189
EPS in Rs-5.72-33.890.400.430.540.740.510.300.410.550.670.230.28
Gross NPA %14.06%13.14%13.76%13.33%14.54%14.44%12.17%11.34%9.67%8.36%6.97%6.80%6.23%
Net NPA %5.87%2.84%4.04%3.61%3.81%3.01%2.74%2.56%2.24%2.02%1.84%1.95%1.88%

Punjab & Sind Bank Quarterly Chart

Punjab & Sind Bank Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Revenue6,4747,3407,9738,5898,7448,1737,9498,5597,9306,9747,0967,9938,934
Interest4,9735,6996,3526,9096,5696,0145,7146,2795,8724,7124,4445,0196,033
Expenses1,2601,5231,7421,9152,1102,5363,3473,9814,4236,4682,2872,1452,358
Financing Profit241118-121-23566-377-1,112-1,702-2,366-4,206364828543
Financing Margin %4%2%-2%-3%1%-5%-14%-20%-30%-60%5%10%6%
Other Income4173944274294785785818288979049599401,132
Depreciation4427604646-064-15541021371480
Profit before tax614486246147498201-595-859-1,522-3,4041,1871,6201,674
Tax %27%30%-22%18%33%-0%-25%37%35%20%12%19%
Net Profit451339301121336201-744-543-991-2,7331,0391,3131,172
EPS in Rs19.2713.3510.923.038.395.02-13.17-9.62-14.13-6.741.531.941.73
Dividend Payout %10%20%20%20%20%-0%-0%-0%-0%-0%20%25%

Punjab & Sind Bank Profit & Loss Yearly Chart

Punjab & Sind Bank Growth

Compounded Sales Growth
10 Years:1%
5 Years:0%
3 Years:0%
TTM:21%
Compounded Profit Growth
10 Years:14%
5 Years:30%
3 Years:49%
TTM:-24%
Stock Price CAGR
10 Years:5%
5 Years:21%
3 Years:56%
1 Year:165%
Return on Equity
10 Years:-2%
5 Years:-4%
3 Years:-1%
Last Year:9%

Punjab & Sind Bank Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Equity Capital2342542754004004005655657014,0536,7786,778
Reserves3,8154,1504,5365,1965,5705,7425,6185,1364,8954,3107,2338,331
Preference Capital200200200000000000
Borrowings66,50673,18287,03589,76394,08988,499105,409101,27292,88198,752104,581118,684
Other Liabilities2,3502,8922,6632,3942,5222,0022,1672,0092,0273,3672,4762,662
Total Liabilities72,90580,47894,50997,753102,58196,643113,759108,982100,504110,482121,068136,455
Fixed Assets8088441,0039951,1331,0951,0831,2301,2411,5851,5771,519
CWIP000000000000
Investments20,06422,54228,29424,00727,64527,94832,98226,17324,55232,02342,28144,838
Other Assets52,03357,09165,21272,75273,80367,60079,69581,57974,71176,87477,20990,097
Total Assets72,90580,47894,50997,753102,58196,643113,759108,982100,504110,482121,068136,455

Punjab & Sind Bank Reserves and Borrowings Chart

Punjab & Sind Bank Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -653-262,469-1,982930-4951,063-972,210-5,848-5,9991,428
Cash from Investing Activity -36-82-58-84-38-33-51-61-63-446-121-88
Cash from Financing Activity 108-129-165-39-2092161,531-3568145,0554,068-1,332
Net Cash Flow-581-2362,246-2,105683-3132,543-5142,960-1,239-2,0518

Punjab & Sind Bank Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
ROE %12%8%7%2%6%3%-12%-9%-18%-39%9%9%

Punjab & Sind Bank Financial Efficiency Indicators Chart

Punjab & Sind Bank Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters83.06%97.07%97.07%97.07%97.07%98.25%98.25%98.25%98.25%98.25%98.25%98.25%
FIIs0.00%0.00%0.01%0.03%0.01%0.00%0.00%0.01%0.00%0.01%0.00%0.03%
DIIs6.08%1.05%1.06%1.06%1.06%0.64%0.66%0.66%0.67%0.67%0.66%0.68%
Public10.86%1.88%1.86%1.84%1.85%1.11%1.09%1.07%1.08%1.07%1.10%1.05%
No. of Shareholders1,22,8591,26,5601,24,4201,26,3261,28,8801,30,7281,31,3511,30,5061,46,8431,46,9681,45,3851,55,115

Punjab & Sind Bank Shareholding Pattern Chart

No. of Punjab & Sind Bank Shareholders

Punjab & Sind Bank Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Nippon India ETF Nifty PSU Bank BeES10907050.34.47
Kotak Nifty PSU Bank ETF7812880.33.2
ICICI Prudential Nifty PSU Bank ETF143150.30.06
DSP Nifty PSU Bank ETF93740.30.04
ICICI Prudential S&P BSE 500 ETF138000.01
HDFC S&P BSE 500 ETF6900
HDFC S&P BSE 500 Index Fund20800

Punjab & Sind Bank ROCE Trend

Punjab & Sind Bank EPS Trend

Punjab & Sind Bank Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
Face Value10.0010.0010.0010.0010.00
Basic EPS (Rs.)1.942.56-35.71-15.76-9.62
Diluted EPS (Rs.)1.942.56-35.71-15.76-9.62
Cash EPS (Rs.)2.161.74-6.49-13.36-9.88
Book Value[Excl.RevalReserv]/Share (Rs.)22.2920.6720.6479.83100.93
Book Value[Incl.RevalReserv]/Share (Rs.)22.2920.6720.6479.83100.93
Dividend / Share (Rs.)0.480.310.000.000.00
Operating Revenue / Share (Rs.)11.7910.4717.21113.11151.50
Net Profit / Share (Rs.)1.941.53-6.74-14.13-9.62
Interest Income / Employee (Rs.)0.008123423.247896189.208947783.919564897.52
Net Profit / Employee (Rs.)0.001189530.17-3094316.58-1118030.13-607373.60
Business / Employee (Rs.)0.00189769405.95177819159.65167094856.24187453216.14
Interest Income / Branch (Rs.)52002156.1546499411.5345700617.9651962818.4881666701.34
Net Profit / Branches (Rs.)8542804.166809007.86-17908914.81-6492780.47-5185857.82
Business / Branches (Rs.)1213304612.231086261966.581029160431.19970376550.461600507040.08
Net Profit Margin (%)16.4214.64-39.18-12.49-6.35
Operating Profit Margin (%)4.661.12-52.13-23.81-16.02
Return On Assets (%)0.960.85-2.47-0.98-0.49
Return On Equity / Networth (%)8.697.41-32.67-17.70-9.53
Net Interest Margin (X)2.172.182.042.042.09
Cost To Income (%)29.1131.9274.8744.7038.89
Interest Income / Total Assets (%)5.855.866.317.887.85
Non-Interest Income / Total Assets (%)0.680.790.810.890.76
Operating Profit / Total Assets (%)0.270.06-3.29-1.87-1.25
Operating Expenses / Total Assets (%)1.801.882.161.841.57
Interest Expenses / Total Assets (%)3.673.674.265.845.76
Enterprise Value (Rs.Cr.)129863.83108913.0998675.9184173.8898090.22
EV Per Net Sales (X)16.2515.3514.1510.6211.46
Price To Book Value (X)1.150.740.850.130.30
Price To Sales (X)2.181.481.020.090.20
Retention Ratios (%)83.99100.00100.00100.00100.00
Earnings Yield (X)0.070.09-0.38-1.27-0.30

Punjab & Sind Bank Profitability Ratios (%)

Punjab & Sind Bank Liquidity Ratios

Punjab & Sind Bank Liquidity Ratios (%)

Punjab & Sind Bank Interest Coverage Ratios (X)

Punjab & Sind Bank Valuation Ratios

Fair Value / Intrinsic Value of Punjab & Sind Bank

Fair Value: ₹98.56

The stock is undervalued by 50.25% compared to the current price ₹65.6

*Investments are subject to market risks

Strength and Weakness of Punjab & Sind Bank

Unable to fetch valid data for stock valuation.

Should I Buy Punjab & Sind Bank Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Punjab & Sind Bank:
    1. Net Profit Margin: 16.42%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: N/A% (Industry Average ROCE: 4.85%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): N/A
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: N/A
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✗ Stock P/E: 50.3 (Industry average Stock P/E: 17.18)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✗ Total Debt / Equity: N/A
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Punjab & Sind Bank. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE