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PNB Gilts Ltd

NSE: PNBGILTS BSE: 532366

59.16

(-4.93%)

Wed, 01 Apr 2026, 09:46 pm

PNB Gilts Analysis

dividend

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Pros

  • Dividends per share have increased over the past 10 years.
  • Dividends paid are well covered by earnings (3.5x coverage).
  • PNB Gilts's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • PNB Gilts's dividend is above the markets top 25% of dividend payers in India (3.08%).
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Cons

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

health

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Pros

  • PNB Gilts is profitable, therefore cash runway is not a concern.
  • PNB Gilts is profitable, therefore cash runway is not a concern.
  • PNB Gilts's cash and other short term assets cover its long term commitments.
  • Low level of unsold assets.
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Cons

  • PNB Gilts's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Operating cash flow is negative therefore debt is not well covered.
  • Debt is not covered by short term assets, assets are 0.1x debt.
  • The level of debt compared to net worth has increased over the past 5 years (535.1% vs 1265.8% today).
  • PNB Gilts's level of debt (1265.8%) compared to net worth is high (greater than 40%).

management

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Pros

  • The average tenure for the PNB Gilts management team is over 5 years, this suggests they are a seasoned and experienced team.
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Cons

  • The average tenure for the PNB Gilts board of directors is less than 3 years, this suggests a new board.
  • Vikas's remuneration is higher than average for companies of similar size in India.

misc

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Pros

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    Cons

    • PNB Gilts is not covered by any analysts.
    • PNB Gilts has significant price volatility in the past 3 months.

    past

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    Pros

    • PNB Gilts's 1-year earnings growth exceeds its 5-year average (246.1% vs 6.4%)
    • PNB Gilts's year on year earnings growth rate has been positive over the past 5 years.
    • PNB Gilts's earnings growth has exceeded the IN Capital Markets industry average in the past year (246.1% vs -4.7%).
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    Cons

    • PNB Gilts used its assets less efficiently than the IN Capital Markets industry average last year based on Return on Assets.
    • PNB Gilts has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).

    value

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    Pros

    • PNB Gilts is good value based on earnings compared to the IN Capital Markets industry average.
    • PNB Gilts is good value based on earnings compared to the India market.
    • PNBGILTS outperformed the Capital Markets industry which returned -21% over the past year.
    • PNBGILTS outperformed the Market in India which returned -14.5% over the past year.
    • NSEI:PNBGILTS is up 46.4% outperforming the Capital Markets industry which returned 8.7% over the past month.
    • NSEI:PNBGILTS is up 46.4% outperforming the market in India which returned 8% over the past month.
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    Cons

    • PNB Gilts's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
    • PNB Gilts's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
    • PNB Gilts is overvalued based on assets compared to the IN Capital Markets industry average.

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    Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800