PNB Gilts Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN L74899DL1996PLC077120 Incorporated 13 March 1996 ROC Delhi HQ New Delhi, Delhi, India
Active Listed - NSE: PNBGILTS · BSE: 532366 Public Limited Company financial services
Data last updated
Market Cap
₹1,290 Cr
PNBGILTS · NSE
Share Price
₹70.67
-1.40% today
Revenue
₹1,699 Cr
FY 2025-26 · +1.4% YoY
EBITDA
₹1,555 Cr
Margin 91.5%
Net Profit
₹180 Cr
FY 2025-26 · -22.1% YoY
P/E (TTM)
6.7x
P/B 0.7x
ROE
11.2%
ROCE 6.2%
Debt / Equity
14.52
Interest cover 84.6x

About PNB Gilts Limited

Data last updated:

PNB Gilts Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Punjab National Bank. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 13 March 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1996PLC077120. Its GSTIN is 07AAACP7685B1ZE (Delhi). Its shares are listed on BSE: 532366 and NSE: PNBGILTS.

The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹180.01 Cr. It is led by directors including Pareed Sunil (Managing Director) and Tejendra Mohan Bhasin.

Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 Sansad Marg., New Delhi, Delhi, India – 110001.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹1,698.76 Cr, a growth of 1.3% compared to the previous year. For the same year it recorded a net profit of ₹180.3 Cr (net margin 10.6%) and EBITDA of ₹1,554.77 Cr (EBITDA margin 91.5%). The net worth stands at ₹1,709.57 Cr (up 10.6% YoY). Total assets are valued at ₹26,593 Cr (up 11.1% YoY).

The company has about 53 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: PNB Gilts. As per MCA filings, the company has open charges of ₹4,600 Cr and satisfied charges of ₹380 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending. The company has 25 deals on record (25 market trades); the latest was in June 2026. Its 7 peer companies in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC) are compared by revenue, 2 larger and 5 smaller; the largest is Tata Sons Private Limited with revenue of ₹5,92,674 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pnbgilts.com.

Company Details of PNB Gilts Limited
CIN L74899DL1996PLC077120
Registration Number 077120
Incorporation Date 13 March 1996
ROC Delhi
Listing Status Listed (BSE: 532366, NSE: PNBGILTS)
Company Status Active
Date of Last AGM 17 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Punjab National Bank
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    5 Sansad Marg., New Delhi, Delhi, India – 110001
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC
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Financials, compliance, directors, charges, ownership and filings for PNB Gilts Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with PNB Gilts Limited

PNB Gilts operates one associated brand: PNB Gilts. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of security dealer firmpnbgilts.com

Business Activity of PNB Gilts Limited

PNB Gilts operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
LockedFinancial and insurance ServiceLockedOther financial activitiesLocked
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Activity codes and each activity's share of turnover are in the company report.

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  • Detailed activity codes
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Verified entity values are shown only after access is granted.

Financials of PNB Gilts Limited FY 2025-26 filings available

PNB Gilts Limited reported revenue of ₹1,698.76 Cr (up 1.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹1,699 Cr
+1.3% YoY
EBITDA
₹1,555 Cr
-4.3% YoY
Profit After Tax
₹180 Cr
-22.1% YoY
Net Worth
₹1,710 Cr
+10.6% YoY
Total Assets
₹26,593 Cr
+11.1% YoY
Total Debt
₹24,884 Cr
+11.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,6991,6761,5771,2307561,052882
Revenue growth+1.4%+6.3%+28.2%+62.6%-28.1%+19.3%-
EBITDA1,5551,6241,5228816961,010770
EBITDA margin+91.5%+96.9%+96.5%+71.7%+92.1%+96.0%+87.3%
Profit before tax24231198.81(85.05)210614250
Net profit18023167.00(85.08)160461247
Net profit margin+10.6%+13.8%+4.3%-6.9%+21.1%+43.8%+28.0%
EPS (₹)10.0912.953.86(4.29)9.2125.2310.35
Balance sheet
Total assets26,59323,92923,73320,50315,95911,18013,208
Net worth1,7101,5451,3301,2601,4271,3161,043
Total debt24,88422,38422,40319,24314,5319,86412,165
Cash & bank55226430031851.737.686.39
Net working capital1,229703469752426207171
Cash flow
Cash from operations(2,540)(197)(2,875)(4,638)(4,564)2,483(3,898)
Cash from investing(0.86)(0.97)(1.05)(14.42)(0.63)(1.20)(1.34)
Cash from financing2,479(37.89)3,1594,6184,613(2,481)3,900
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue436455424425443563419362
Revenue growth (YoY)-1.6%-19.3%+1.3%+17.2%-11.5%+27.9%--
Other income0.450.230.271.000.650.140.241.37
Total expenses33.7815.2093.4130.1915225.5012.0659.21
EBITDA403439331394292538407303
EBITDA margin+92.3%+96.7%+78.0%+92.9%+65.8%+95.5%+97.1%+83.7%
Depreciation0.590.571.010.600.610.550.940.86
Interest342331316327345324307315
Profit before tax60.2410814.1767.66(53.24)21399.19(11.65)
Tax15.4027.571.1713.76(7.88)52.9424.17(1.54)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 21 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue436455424425443563419362
Revenue growth (YoY)-1.6%-19.3%+1.3%+17.2%-11.5%+27.9%--
Other income0.450.230.271.000.650.140.241.37
Total expenses33.7815.2093.4130.1915225.5012.0659.21
EBITDA403439331394292538407303
EBITDA margin+92.3%+96.7%+78.0%+92.9%+65.8%+95.5%+97.1%+83.7%
Depreciation0.590.571.010.600.610.550.940.86
Interest342331316327345324307315
Profit before tax60.2410814.1767.66(53.24)21399.19(11.65)
Tax15.4027.571.1713.76(7.88)52.9424.17(1.54)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,6991,6761,5771,2307561,052882
Revenue growth+1.4%+6.3%+28.2%+62.6%-28.1%+19.3%-
Other income2.062.323.808.0225.361.090.35
Total expenses14451.6754.8434960.0242.11112
Employee cost0.0016.1016.5811.5715.0912.5111.50
EBITDA1,5551,6241,5228816961,010770
EBITDA margin+91.5%+96.9%+96.5%+71.7%+92.1%+96.0%+87.3%
Depreciation2.773.4215.371.361.151.891.45
Interest1,3121,3121,411973510395519
Profit before tax24231198.81(85.05)210614250
Tax59.9877.9229.40(7.84)44.4416063.45
Net profit18023167.00(85.08)160461247
Net profit margin+10.6%+13.8%+4.3%-6.9%+21.1%+43.8%+28.0%
EPS (₹)10.0912.953.86(4.29)9.2125.2310.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital180180180180180180180
Reserves & surplus1,5301,3651,1501,0801,2471,136863
Shareholders' funds (net worth)1,7101,5451,3301,2601,4271,3161,043
Secured loans20,68718,65319,64517,32011,8778,1209,853
Unsecured loans4,1973,7312,7581,9232,6551,7442,312
Total debt24,88422,38422,40319,24314,5319,86412,165
Total liabilities26,59323,92923,73320,50315,95911,18013,208
Assets
Gross block18.3916.3735.2820.0815.4415.1914.38
Net block5.895.027.167.093.543.063.74
Capital work in progress0.000.000.0013.300.000.000.00
Investments23,31423,16523,00818,51815,26710,90712,965
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.070.360.290.190.000.000.00
Cash & bank balances55226430031851.737.686.39
Loans & advances1,1371,2129761,4281,1671,1561,206
Total current assets1,6881,4761,2761,7471,2181,1641,213
Total current liabilities4597738079947929571,042
Net working capital1,229703469752426207171
Total assets26,59323,92923,73320,50315,95911,18013,208
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash62.2929815.3850.131.400.740.21
Net cash from operating activities(2,540)(197)(2,875)(4,638)(4,564)2,483(3,898)
Net cash from investing activities(0.86)(0.97)(1.05)(14.42)(0.63)(1.20)(1.34)
Net cash from financing activities2,479(37.89)3,1594,6184,613(2,481)3,900
Net change in cash(61.84)(236)283(34.75)48.720.660.54
Closing cash55226430031851.737.686.39
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+1.4%+6.3%+28.2%+62.6%-28.1%+19.3%-
EBITDA growth-4.3%+6.8%+72.7%+26.5%-31.1%+31.1%-
PBT growth-22.3%+214.7%+9998.0%--65.8%+146.0%+200.9%
Net income growth-22.1%+245.3%+178.8%-153.3%-65.4%+86.5%-
Revenue CAGR (3Y)+11.4%+30.4%+14.4%+11.7%+14.2%+37.8%+20.8%
EBITDA CAGR (3Y)+20.9%+32.6%+14.6%+4.6%+12.7%+44.9%+16.9%
Profitability & leverage
Net income margin+10.7%+13.9%+4.4%-6.3%+21.9%+43.2%+21.1%
Return on capital employed+6.2%+6.8%+6.8%+4.9%+5.3%+8.3%+7.6%
Return on net worth+11.2%+16.2%+5.4%-5.8%+12.1%+38.5%+25.6%
Debt / equity14.5215.5816.0812.578.899.3410.57
Long-term debt / equity14.5215.5816.0812.578.899.1310.31
Interest cover84.5680.9693.69110.5873.4239.1767.55
Efficiency & per share
Fixed asset turnover97.8664.9957.0969.7051.0471.2466.74
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover7,910.795,164.556,584.7513,030.210.000.000.00
EPS (₹)10.0912.953.86(4.29)9.2125.2310.35
Dividend per share (₹)2.001.001.000.005.0010.003.00
Book value per share (₹)94.9785.8473.8770.0079.2973.1357.92
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Board of Directors of PNB Gilts Limited

PNB Gilts has 6 current directors and 41 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tejendra Mohan BhasinDirector30 Jul 20197 Years 2 MonthsCurrent
Pareed SunilManaging Director19 Jun 20251 Years 4 MonthsCurrent
Raj Kamal VermaDirector10 Oct 20242 Years 0 MonthsCurrent
Rekha JainDirector07 Nov 20241 Years 11 MonthsCurrent
Gopal Singh GusainDirector26 Mar 20242 Years 6 MonthsCurrent
Anju MittalDirector16 Mar 20260 Years 7 MonthsCurrent

Peer Comparison of PNB Gilts Limited

PNB Gilts Limited is compared with the companies closest to it by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tata Sons Private Limited₹5,92,674 Cr (FY 2025)••••••••24.0%••••Mumbai, Maharashtra, India
Sbi Dfhi Limited₹2,30,603 Cr (FY 2018)••••••••-50.0%••••Mumbai, Maharashtra, India
Power Finance Corporation Limited Listed₹76,345 Cr (FY 2022)••••••••6.0%••••New Delhi, Delhi, India
Bajaj Finance Limited Listed₹69,725 Cr (FY 2025)••••••••27.0%••••Maharashtra, India
Shriram Finance Limited Listed₹41,859 Cr (FY 2025)••••••••20.0%••••Chennai, Tamil Nadu, India
Shriram City Union Finance Limited Listed₹41,859 Cr (FY 2025)••••••••20.0%••••Chennai, Tamil Nadu, India
Aditya Birla Capital Limited Listed₹40,724 Cr (FY 2025)••••••••18.0%••••Veraval, Gujarat, India
PNB Gilts Limited this company₹1,698.76 Cr (FY 2026)••••••••1.3%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below PNB Gilts by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of PNB Gilts Limited

PNB Gilts Limited is audited by Kapoor Tandon & Co. for the financial year 2018.

NameStatusAppointment DateCessation Date
Kapoor Tandon & Co.LockedLockedLocked
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Appointment and cessation dates and past auditor changes are in the company report.

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Shareholding Pattern of PNB Gilts Limited

Shareholding for the quarter ended Sep 2026: promoters hold 74.10%, foreign institutional investors hold 0.10%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.90%.

Promoters: 74.10%FII (Foreign Institutional): 0.10%Retail & Others: 25.90%
Sep 2026
QUARTER
74.10% Promoters
0.10% FII (Foreign Institutional)
25.90% Retail & Others
Promoter holding - history
Now 74.10% · Sep 2026High 74.10% · Dec 2025Low 74.10% · Dec 2025
73%73.8%74.5%75.3%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 74.10%Mar 2026: 74.10%Jun 2026: 74.10%Sep 2026: 74.10%74.10%74.10%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters74.10%74.10%74.10%74.10%
Public25.90%25.90%25.90%25.90%

Charges & Borrowings of PNB Gilts Limited

Open charges
₹4,600 Cr
Satisfied charges
₹380 Cr
Breakdown by lending institutions
Others₹4,600.00 Cr
Latest charge details
DateLenderAmountStatus
22 Dec 2025Others₹2,100 CrOpen
02 May 2019Others₹2,500 CrOpen
26 Mar 2025Others₹190 CrSatisfied
28 Mar 2023Others₹190 CrSatisfied

Total charge records: 4 View all charges

Deals & Funding of PNB Gilts Limited

PNB Gilts Limited has 25 deals on record (25 market trades); the latest was in June 2026.

Total deals
25
Market trades
25

Deals on record (5 of 25)

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All 25 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by PNB Gilts Limited

PNB Gilts Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
M/S Pranav Kumar & Associates••••••••••••
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Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at PNB Gilts Limited

PNB Gilts Limited has a workforce of 53 employees as of Apr 07, 2024.

Employee count
53
Active EPFO establishments
1
Employee growth
8.16%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on PNB Gilts Limited

PNB Gilts Limited has 88 board changes on record since 1996: 47 appointments and 41 cessations. The latest: Anju Mittal was appointed as Director on 16 Mar 2026.

Charges
A charge registered on 26 Mar 2025 via Charge ID 101070092 with Others was fully satisfied on 27 Mar 2026.
Charges
A charge with Others of Rs. 2,500.00 Cr registered on 02 May 2019 with Charge ID 100275025 was modified on 25 Mar 2026.
Appointed
Anju Mittal was appointed as Director.
Charges
A charge with Others amounted to Rs. 2,100.00 Cr with Charge ID 101212674 was registered on 22 Dec 2025.
Ceased
Amit Kumar Srivastava ceased to be Director.
Ceased
Kalyan Kumar ceased to be Director.
AGM
Pnb Gilts Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Appointed
Pareed Sunil was appointed as Managing Director.
Filing
Pnb Gilts Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Charges
A charge with Others amounted to Rs. 190.00 Cr with Charge ID 101070092 was registered on 26 Mar 2025.
Ceased
Vikas Goel ceased to be Managing Director.
Ceased
Neharika Vohra ceased to be Director.

87 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for PNB Gilts Limited

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Credit ratings, litigation, and regulatory alerts

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Subsidiaries & Group Companies of PNB Gilts Limited

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GST Compliance of PNB Gilts Limited

PNB Gilts has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AAACP7685B1ZEDelhiActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of PNB Gilts Limited

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MCA filings and documents

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Related news about PNB Gilts Limited

PNBGILTS: Q2 SL NET PROFIT 448M RUPEES VS LOSS 454M (YOY)
13 Oct 2026 · Exchange Update
PNBGILTS: Q2 REVENUE 4.34B RUPEES VS 4.4B (YOY)
13 Oct 2026 · Exchange Update

Frequently Asked Questions about PNB Gilts Limited

PNB Gilts is an active public limited company based in New Delhi, Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 13 March 1996 (30+ years old) and is registered under CIN L74899DL1996PLC077120. Listed on BSE: 532366 and NSE: PNBGILTS.

PNB Gilts reported revenue of ₹1,698.76 Cr for FY 2025-26 (up 1.3% YoY) based on standalone financials.

PNB Gilts has 6 current directors:

The GSTIN of PNB Gilts is 07AAACP7685B1ZE, registered in Delhi.

The CIN (Corporate Identification Number) of PNB Gilts is L74899DL1996PLC077120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. PNB Gilts is listed on both BSE (code: 532366) and NSE (symbol: PNBGILTS).

PNB Gilts has 5 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.

PNB Gilts was incorporated on 13 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.

PNB Gilts has 25 deals on record (25 market trades); the latest was in June 2026.

The peers of PNB Gilts by revenue are Tata Sons Private Limited, Sbi Dfhi Limited, Power Finance Corporation Limited, Bajaj Finance Limited, Shriram Finance Limited and 2 more, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC).

Anju Mittal was appointed as Director on 16 Mar 2026. Amit Kumar Srivastava ceased to be Director on 26 Nov 2025. Kalyan Kumar ceased to be Director on 01 Oct 2025. PNB Gilts has 88 board changes on record in total.

PNB Gilts has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 20 Oct 2020.

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