PNB Gilts Ltd
PNB Gilts is primary activities entail supporting government borrowing program via underwriting of government securities issuances and trade in a 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.(Source : 201903 Annual Report Page No: 78)
- Market Cap ₹ 949 Cr.
- Current Price ₹ 52.6
- High / Low ₹ 61.6 / 20.3
- Stock P/E 1.67
- Book Value ₹ 71.7
- Dividend Yield 13.3 %
- ROCE 7.62 %
- ROE 25.6 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.73 times its book value
- Stock is providing a good dividend yield of 13.30%.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 451.11%
- Company's median sales growth is 20.02% of last 10 years
Cons
- Company has a low return on equity of 11.10% for last 3 years.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
101 | 100 | 120 | 202 | 146 | 194 | 190 | 217 | 276 | 491 | 218 | 323 | |
13 | 63 | 6 | 5 | 9 | 6 | 7 | 7 | 12 | 7 | 82 | 8 | |
Operating Profit | 89 | 37 | 115 | 197 | 138 | 188 | 183 | 210 | 265 | 484 | 137 | 315 |
OPM % | 88% | 37% | 95% | 98% | 94% | 97% | 96% | 97% | 96% | 98% | 63% | 97% |
Other Income | 0 | 0 | 0 | 0 | 0 | 0 | -62 | -13 | 0 | 0 | 0 | 0 |
Interest | 78 | 80 | 103 | 106 | 115 | 120 | 127 | 139 | 133 | 103 | 114 | 91 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | -0 | 0 | 0 | 1 |
Profit before tax | 11 | -43 | 12 | 91 | 22 | 67 | -7 | 57 | 132 | 380 | 22 | 223 |
Tax % | 40% | -2% | 7% | -2% | 134% | 33% | 71% | 23% | 25% | 25% | 25% | 25% |
Net Profit | 6 | -44 | 11 | 93 | -8 | 45 | -2 | 44 | 99 | 284 | 17 | 167 |
EPS in Rs | 0.36 | -2.46 | 0.61 | 5.18 | -0.43 | 2.51 | -0.11 | 2.45 | 5.50 | 15.80 | 0.93 | 9.28 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
111 | 101 | 101 | 165 | 288 | 346 | 410 | 343 | 500 | 402 | 508 | 882 | 1,309 | |
7 | 11 | 7 | 9 | 10 | 12 | 16 | 16 | 18 | 70 | 21 | 31 | 109 | |
Operating Profit | 105 | 91 | 94 | 156 | 278 | 333 | 394 | 327 | 482 | 332 | 487 | 851 | 1,200 |
OPM % | 94% | 89% | 93% | 94% | 96% | 96% | 96% | 95% | 96% | 83% | 96% | 96% | 92% |
Other Income | 1 | 1 | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | -81 | 0 |
Interest | 67 | 35 | 52 | 126 | 189 | 243 | 261 | 276 | 226 | 331 | 403 | 519 | 441 |
Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 1 |
Profit before tax | 38 | 56 | 44 | 30 | 89 | 91 | 133 | 51 | 257 | 1 | 83 | 250 | 758 |
Tax % | 36% | 34% | 31% | 29% | 31% | 32% | 33% | 33% | 35% | -8% | 36% | 25% | |
Net Profit | 24 | 37 | 31 | 21 | 61 | 61 | 88 | 34 | 167 | 1 | 53 | 186 | 567 |
EPS in Rs | 1.36 | 2.04 | 1.70 | 1.17 | 3.40 | 3.41 | 4.90 | 1.92 | 9.29 | 0.08 | 2.94 | 10.35 | 31.51 |
Dividend Payout % | 44% | 37% | 53% | 64% | 22% | 26% | 31% | 57% | 27% | 1,277% | 48% | 29% |
Compounded Sales Growth | |
---|---|
10 Years: | 24% |
5 Years: | 17% |
3 Years: | 21% |
TTM: | 75% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 23% |
3 Years: | 14% |
TTM: | 296% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 17% |
3 Years: | 14% |
1 Year: | 81% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 12% |
3 Years: | 11% |
Last Year: | 26% |
Balance Sheet
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
135 | 135 | 135 | 135 | 135 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | |
Reserves | 405 | 426 | 437 | 443 | 488 | 486 | 541 | 552 | 719 | 677 | 708 | 863 | 1,110 |
Borrowings | 1,559 | 747 | 855 | 2,208 | 3,122 | 3,767 | 3,858 | 4,921 | 3,514 | 4,369 | 8,234 | 12,165 | 13,743 |
55 | 75 | 56 | 61 | 92 | 124 | 182 | 119 | 153 | 27 | 400 | 1,051 | 1,429 | |
Total Liabilities | 2,153 | 1,383 | 1,483 | 2,847 | 3,837 | 4,557 | 4,761 | 5,771 | 4,566 | 5,252 | 9,522 | 14,258 | 16,462 |
5 | 5 | 5 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 4 | 0 | 129 | 175 | 182 | 695 | 328 | 640 | 443 | 4,999 | 8,818 | 12,965 | 14,875 |
2,144 | 1,378 | 1,349 | 2,667 | 3,650 | 3,857 | 4,430 | 5,128 | 4,120 | 251 | 701 | 1,290 | 1,584 | |
Total Assets | 2,153 | 1,383 | 1,483 | 2,847 | 3,837 | 4,557 | 4,761 | 5,771 | 4,566 | 5,252 | 9,522 | 14,258 | 16,462 |
Cash Flows
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
819 | 819 | -204 | -1,292 | -696 | -94 | -366 | -1,088 | 1,213 | -800 | -3,843 | -3,898 | |
-1 | -1 | 2 | -46 | -8 | -513 | 368 | -313 | 197 | -0 | -0 | -1 | |
-824 | -824 | 92 | 1,334 | 898 | 630 | 71 | 1,030 | -1,431 | 800 | 3,844 | 3,900 | |
Net Cash Flow | -6 | -6 | -110 | -4 | 194 | 22 | 74 | -370 | -20 | 0 | -0 | 1 |
Ratios
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 5% | 5% | 7% | 7% | 8% | 8% | 9% | 6% | 10% | 7% | 7% | 8% |
Debtor Days | 2 | 2 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Documents
Add documentRecent announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 26 Feb
- Intimation For Appointment Of Chief Financial Officer (Key Managerial Personnel) And Authorised Person For The Purpose Of Determining Materiality Of An Event Or Information Etc. 24 Feb
- Announcement Under Regulation 30(LODR)- Allotment Of Commercial Paper 23 Feb
- Announcement under Regulation 30 (LODR)-Credit Rating 12 Feb
- Redemption Of Commercial Paper(S) 12 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2012 from nse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse