PNB GILTS Announces Quarterly Results (4QFY18); Net Profit Down 7.4%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

PNB GILTS Announces Quarterly Results (4QFY18); Net Profit Down 7.4%
Fri, 20 Jul

PNB GILTS has announced its results for the quarter ended March 2018. Here is a detailed performance review of the same:

PNB GILTS Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-17*
3
Dec-17*
3
Mar-18*
QoQ ChangeYoY Change
Operating incomeRs m6066821,03551.8%70.8%
Other incomeRs m212203.5%-23.8%
Total revenuesRs m6086831,03751.9%70.5%
InterestRs m355857777-9.4%118.8%
Gross Profit Rs m250-1772572.8%
Other expensesRs m543892141.6%71.4%
Profit before taxRs m198-214166-16.1%
TaxRs m81-7557-28.8%
Profit after taxRs m118-139109-7.4%
Gross profit margin %41.2-25.924.8
Effective tax rate%40.635.134.5
Net profit margin%19.4-20.410.5
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The bank's operating income (interest earned) during the quarter grew 70.8% on a year-on-year (YoY) basis. The interest expended was up by 118.8% YoY during the same period.
  • The bank's operating profit increased by 2.8% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 24.8% in 4QFY18 as against 41.2% in 4QFY17.
  • Other income declined by 23.8% YoY during the quarter.
  • Net profit for the quarter declined by 7.4% YoY. Net profit margins during the quarter declined from 19.4% in 4QFY17 to 10.5% in 4QFY18.
Quarter-on-Quarter Performance:
  • The bank's operating income (interest earned) during the quarter grew 51.8% on a quarter-on-quarter (QoQ) basis. The interest expended was down by 9.4% QoQ during the same period.
  • The bank's operating profit increased by 245.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 24.8% in 4QFY18 as against 25.9% in 3QFY17.
  • Net profit for the quarter declined by 178.4% QoQ, while net profit margins increased from 20.4% in 3QFY17 to 10.5% in 4QFY18.

To see how PNB GILTS has performed over the last eight quarters, please visit here.

PNB GILTS Share Price Performance

Over the last one year, PNB GILTS share price has moved up from Rs 53.6 to Rs 25.1, registering a Loss of Rs -28.5 or around 53.1%.

Overall, the S&P BSE SENSEX is up 0.5% over the year.

Current Valuations

At the current price of Rs 25.1, the price to earnings (P/E) ratio of PNB GILTS stands at 12.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.7 times.

Equitymaster requests your view! Post a comment on "PNB GILTS Announces Quarterly Results (4QFY18); Net Profit Down 7.4%". Click here!

  

Related Views on News

PNB GILTS Announces Quarterly Results (3QFY19); Net Profit Up 770.8% (Quarterly Result Update)

Feb 22, 2019 | Updated on Feb 22, 2019

For the quarter ended December 2018, PNB GILTS has posted a net profit of Rs 933 m (up 770.8% YoY). Sales on the other hand came in at Rs 2 bn (up 196.1% YoY). Read on for a complete analysis of PNB GILTS's quarterly results.

PNB GILTS Announces Quarterly Results (2QFY19); Net Profit Down 23.4% (Quarterly Result Update)

Nov 29, 2018 | Updated on Nov 29, 2018

For the quarter ended September 2018, PNB GILTS has posted a net profit of Rs 111 m (down 23.4% YoY). Sales on the other hand came in at Rs 1 bn (up 2.5% YoY). Read on for a complete analysis of PNB GILTS's quarterly results.

CreditAccess Grameen IPO: Should You Apply to this Interesting Microfinance Play? (IPO)

Aug 7, 2018

Should you apply to the IPO of CreditAccess Grameen Ltd?

HDFC AMC IPO: Do Valuations Leave Enough on Table for Investors? (IPO)

Jul 20, 2018

Should you subscribe to the IPO of HDFC AMC Ltd?

More Views on News

Most Popular

Be Prepared to Profit from the Coming Crash in Oil Prices(Fast Profits Daily)

Jun 25, 2020

The stability in crude oil prices will not last much longer. Be ready to make fast profits when the time comes to short crude.

Tata Motors Tripled in 18 Months but You Can Do Even Better. Here's How...(Profit Hunter)

Jun 24, 2020

Rahul is ready for a repeat of his famous 2008 Tata Motors call.

The Triple Digit Return Opportunity in this Market

Jun 24, 2020

Rahul Shah on stocks with potentially triple digit returns.

This Ratio Says Smallcaps Are Your Best Bet to Ride the Post Covid Market Rebound(Profit Hunter)

Jun 23, 2020

Here's why I believe that post Covid rebound in smallcaps will be much sharper than largecaps.

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

PNB GILTS SHARE PRICE


Jul 3, 2020 02:45 PM

TRACK PNB GILTS

  • Track your investment in PNB GILTS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

COMPARE PNB GILTS WITH

MARKET STATS