Total Business
₹2,63,265 Cr
+14.94% YoY
Historic growth for the bank; deposits grew 12.37% and advances grew 18.29%.
PUNJABSINDBANK
Financial Services
30 Apr 2026
Punjab & Sind Bank — Q4 FY26
Punjab & Sind Bank reported its highest-ever net profit of ₹1,322 crore for FY26, up 30.12% YoY, driven by robust business growth (total business +14.94% to ₹2,63,265 crore) and strong asset quality (GNPA 2.40%, NNPA 0.79%).
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
Punjab & Sind Bank reported its highest-ever net profit of ₹1,322 crore for FY26, up 30.12% YoY, driven by robust business growth (total business +14.94% to ₹2,63,265 crore) and strong asset quality (GNPA 2.40%, NNPA 0.79%). Core fee income grew 22%+ to ₹759 crore, while NIM remained under pressure at 2.55% due to low CASA and repo rate cuts. Management guided for FY27: deposit growth 13-14%, advances growth 16-18%, RAM share >60%, GNPA <2%, and credit cost <1%. NIM is expected to improve to 2.65-2.70% by year-end. Key risks include residual stress in MSME/agriculture segments and potential global economic headwinds impacting small businesses.
Key Numbers
Gross NPA Ratio
2.40%
-98 bps YoY
Improved from 3.38% last year; net NPA at 0.79%.
Core Fee Income
₹759 Cr
+22% YoY
Consistent growth driven by non-interest income; overall non-interest income grew 13.47%.
RAM Share of Advances
59%
+5pp YoY
Retail, agriculture, and MSME segments growing strongly; target to cross 60% in FY27.
Management Guidance
Deposit growth 13-14% for FY27
Management expects deposit growth in the range of 13-14% for the current financial year.
Management guidance growthAdvances growth 16-18% for FY27
Advances are expected to grow 16-18% in FY27, driven by RAM segments.
Management guidance growthRAM share to cross 60% of advances
Retail, agriculture, and MSME share of total advances is targeted to exceed 60% in FY27.
Management guidance growthGross NPA below 2% for FY27
Management guided gross NPA ratio to be below 2% for the current financial year.
Management guidance otherKey Risks
Residual stress in MSME/agriculture segments
Slippages increased in Q4 due to MSME accounts; management acknowledged residual stress and need for vigilance.
medium · management_commentaryGlobal economic headwinds impacting MSMEs
Analyst raised concern about global challenges affecting MSME cash flows; management agreed prolonged issues could impact.
medium · analyst_questionLow CASA ratio pressuring NIM
Persistently low CASA ratio (below industry average) continues to constrain net interest margin despite improving asset mix.
high · data_observationECL implementation impact on capital
CRO estimated ECL impact of ₹600-800 crore over five years; though manageable, it will absorb capital buffers.
low · management_commentaryNotable Quotes
The net profit of 1322 cr has been the highest ever historic profit of the bank over in it in its history. it has grown by 30.12%.
We intend to achieve three lakh cr by the current financial year. That's our aspiration figure. We have taken a board approval to achieve four lakh cr by financial year FY29.
Overall impact will be not that much actually what we are expecting anywhere between 600 to 800 K to give a number like although not right to give a number at this point of time.
Frequently Asked Questions
What was Punjab & Sind's revenue in Q4 FY26?
Punjab & Sind reported revenue of — in Q4 FY26, representing a — change compared to the same quarter last year.
What guidance did Punjab & Sind management give for FY27?
Deposit growth 13-14% for FY27: Management expects deposit growth in the range of 13-14% for the current financial year. Advances growth 16-18% for FY27: Advances are expected to grow 16-18% in FY27, driven by RAM segments. RAM share to cross 60% of advances: Retail, agriculture, and MSME share of total advances is targeted to exceed 60% in FY27. Gross NPA below 2% for FY27: Management guided gross NPA ratio to be below 2% for the current financial year.
What are the key risks for Punjab & Sind in FY27?
Key risks include Residual stress in MSME/agriculture segments — Slippages increased in Q4 due to MSME accounts; management acknowledged residual stress and need for vigilance.; Global economic headwinds impacting MSMEs — Analyst raised concern about global challenges affecting MSME cash flows; management agreed prolonged issues could impact.; Low CASA ratio pressuring NIM — Persistently low CASA ratio (below industry average) continues to constrain net interest margin despite improving asset mix.; ECL implementation impact on capital — CRO estimated ECL impact of ₹600-800 crore over five years; though manageable, it will absorb capital buffers..
Did Punjab & Sind meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Punjab & Sind Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.