PNB Gilts Ltd
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]
- Market Cap ₹ 1,979 Cr.
- Current Price ₹ 110
- High / Low ₹ 128 / 57.6
- Stock P/E 251
- Book Value ₹ 70.9
- Dividend Yield 0.00 %
- ROCE 4.83 %
- ROE -6.33 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 13.7% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
165 | 288 | 346 | 410 | 343 | 500 | 402 | 508 | 882 | 1,052 | 756 | 927 | 1,485 | |
9 | 10 | 12 | 16 | 16 | 18 | 70 | 21 | 31 | 32 | 43 | 45 | 132 | |
Operating Profit | 156 | 278 | 333 | 394 | 327 | 482 | 332 | 487 | 851 | 1,020 | 714 | 881 | 1,353 |
OPM % | 94% | 96% | 96% | 96% | 95% | 96% | 83% | 96% | 96% | 97% | 94% | 95% | 91% |
1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | -81 | -9 | 8 | 8 | 11 | |
Interest | 126 | 189 | 243 | 261 | 276 | 226 | 331 | 403 | 519 | 395 | 510 | 973 | 1,321 |
Depreciation | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 12 |
Profit before tax | 30 | 89 | 91 | 133 | 51 | 257 | 1 | 83 | 250 | 614 | 210 | -85 | 30 |
Tax % | 29% | 31% | 32% | 33% | 33% | 35% | -8% | 36% | 25% | 26% | 21% | 9% | |
21 | 61 | 61 | 88 | 34 | 167 | 1 | 53 | 186 | 454 | 166 | -77 | 15 | |
EPS in Rs | 1.17 | 3.40 | 3.41 | 4.90 | 1.92 | 9.29 | 0.08 | 2.94 | 10.35 | 25.23 | 9.21 | -4.29 | 0.82 |
Dividend Payout % | 64% | 22% | 26% | 31% | 57% | 27% | 1,277% | 48% | 29% | 40% | 54% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 18% |
3 Years: | 2% |
TTM: | 28% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 123% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 29% |
3 Years: | 29% |
1 Year: | 88% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 15% |
3 Years: | 14% |
Last Year: | -6% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 135 | 135 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 |
Reserves | 443 | 488 | 486 | 541 | 552 | 719 | 677 | 708 | 863 | 1,136 | 1,247 | 1,080 | 1,097 |
2,208 | 3,122 | 3,767 | 3,858 | 4,921 | 3,514 | 4,369 | 8,234 | 12,165 | 9,864 | 14,531 | 19,243 | 22,119 | |
61 | 92 | 124 | 182 | 119 | 153 | 27 | 400 | 1,051 | 960 | 792 | 994 | 1,160 | |
Total Liabilities | 2,847 | 3,837 | 4,557 | 4,761 | 5,771 | 4,566 | 5,252 | 9,522 | 14,258 | 12,140 | 16,750 | 21,497 | 24,556 |
5 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 7 | 14 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 0 |
Investments | 175 | 182 | 695 | 328 | 640 | 443 | 4,999 | 8,818 | 12,965 | 10,907 | 15,267 | 18,518 | 21,345 |
2,667 | 3,650 | 3,857 | 4,430 | 5,128 | 4,120 | 251 | 701 | 1,290 | 1,230 | 1,480 | 2,959 | 3,197 | |
Total Assets | 2,847 | 3,837 | 4,557 | 4,761 | 5,771 | 4,566 | 5,252 | 9,522 | 14,258 | 12,140 | 16,750 | 21,497 | 24,556 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1,292 | -696 | -94 | -366 | -1,088 | 1,213 | -800 | -3,843 | -3,898 | 2,483 | -4,564 | -4,638 | |
-46 | -8 | -513 | 368 | -313 | 197 | -0 | -0 | -1 | -1 | -1 | -14 | |
1,334 | 898 | 630 | 71 | 1,030 | -1,431 | 800 | 3,844 | 3,900 | -2,481 | 4,613 | 4,618 | |
Net Cash Flow | -4 | 194 | 22 | 74 | -370 | -20 | 0 | -0 | 1 | 1 | 49 | -35 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Working Capital Days | 5,529 | 4,123 | 3,596 | 3,426 | 5,296 | 2,883 | 93 | 102 | 68 | 69 | 181 | 171 |
ROCE % | 7% | 8% | 8% | 9% | 6% | 10% | 7% | 7% | 8% | 8% | 5% | 5% |
Documents
Announcements
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Update on board meeting
1d - The Board Meeting to be held on 29/04/2024 has been revised to 01/05/2024 The Board Meeting to be held on 29/04/2024 has been revised to …
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 16 Apr
- Certificate Under Reg. 40 Of SEBI (LODR) Regulations, 2015 16 Apr
- Compliance Certificate Under Regulations 7(3) Of SEBI (LODR) Regulations, 2015 16 Apr
- Board Meeting Intimation for Consideration And Approval Of The Audited Financial Results Of The Company For The Quarter And Year Ended March 31, 2024 And Consideration Of Proposal For Recommendation Of Final Dividend, If Any, For FY 2023-24 16 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Products & Services
The range of products and services offered by the company includes T-bills, Central Government dated securities, state government securities, public sector unit (PSU) bonds, inter-corporate deposits, gilt accounts, money market instruments, and investment/trading in equity and equity derivatives. In addition, it offers advisory services to clients for managing their G-Sec portfolios. [1]