Punjab & Sind Bank

Punjab & Sind Bank (PSB) is a small-cap Financial Services company valued at ₹15,114 crore operating in Public Sector Bank on the NSE and BSE.

Recent price move

Punjab & Sind Bank last traded at ₹21.29, modestly up 0.24% on the day.

Recent developments

On 2026-09-21, the Finance Ministry called for meetings with PSB and RRB chiefs to discuss continuity of banking operations during a strike. On 2026-09-20, the ministry planned to meet bank CEOs to address banking services during a 3-day strike by UFBU. On 2026-09-07, the government paused the PSB employee incentive scheme ahead of a bank strike due to employee demands. On 2026-08-27, PSBs were reported to be more efficient than private banks after reforms, with PSB efficiency increasing by over 20 percentage points between FY20 and FY26.

Financial performance

The company's annual net profit rose 30.1% to ₹1,322 crore, but the latest quarter's net profit increased 23.2% to ₹332 crore. The net profit margin remained at 11.0%, while return on equity and return on capital employed were 9.4% and 5.5% respectively, showing a slight improvement in profitability compared to the previous year.

Valuation multiples

The stock trades at 11.4 times earnings, a discount to the Financial Services median of 19.3, 1.18 times book value. It yields 1.7%.

Things to watch

The stock is 35.4% below its 52-week high. Domestic institutional holding fell by 0.10 points in the quarter. The company's return on capital employed is 5.5%, which is relatively low compared to industry standards. The recent developments involving strikes and regulatory meetings may affect operational continuity and employee morale.

Where it stands

The company's annual net profit grew 30.1% to ₹1,322 crore, while the latest quarter's net profit rose 23.2% to ₹332 crore. The stock is 35.4% below its 52-week high, and domestic institutional holding decreased by 0.10 points in the quarter. The company's return on capital employed is 5.5%, and recent regulatory meetings and strike-related developments may impact operational continuity.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.