PNB stock highlights stronger assets after Q1 profit surge

Published on 09/30/2026 at 13:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PNB stock posted standalone Q1 FY27 profit of INR 5,253 crore, up from INR 1,675 crore a year earlier. Gross NPA fell to 2.78 percent.

PNB, INE160A01022, Illustration mit AI erstellt.

PNB stock is backed by a sharp improvement in quarterly profit and asset quality. Punjab National Bank (ISIN INE160A01022) reported standalone Q1 FY27 net profit of INR 5,253 crore, versus INR 1,675 crore in Q1 FY26, according to Sahi Markets on September 21, 2026.

Profit growth meets cleaner assets

The comparison is substantial, but the base effect matters. PNB's Q1 FY26 result included a weaker starting point, so the rise to INR 5,253 crore does not by itself establish the pace of future earnings.

Credit quality supplied the second concrete improvement. Gross non-performing assets fell to 2.78 percent in Q1 FY27 from 3.78 percent a year earlier, a 100 basis point reduction, while net interest income rose to INR 10,798 crore from INR 10,578 crore, Sahi Markets reported.

Investor meetings keep margins central

PNB scheduled virtual meetings with analysts and investors on September 28 and September 29, 2026, hosted by Arihant Capital and Kotak Securities. The meetings followed the Q1 figures and put credit growth, provisions and net interest margins at the center of the bank's investor communication.

Domestic net interest margin improved to 2.64 percent from 2.61 percent sequentially in Q1 FY27. The bank also set a global NIM guidance range of 2.60 percent to 2.70 percent for FY27, according to Sahi Markets.

Jefferies sets INR 130.00 target

Analyst positioning adds a measurable reference point. Jefferies maintained a Buy rating on Punjab National Bank with an INR 130.00 target in a September 14, 2026 market update, as reported by Markets Today. The target sits alongside the bank's improving asset-quality indicators, while margin execution remains the key operating checkpoint.

NSE value and market capitalization

On the NSE, PNB was last shown at INR 111.75 on September 29, 2026 at 6:56 p.m. IST. Its market capitalization was INR 129.5 billion on that date, according to the same dated market page, while the stock's exchange identifiers are NSE: PNB, BSE: 532461 and ISIN INE160A01022.