Dashboard/PNBGILTS

PNBGILTS

FAIRLY_VALUED

PNB Gilts Limited

Others · NSE

↑ 44.2% vs fair value

52W Low

₹59

+12.1% from low

52W High

₹120

-45.2% from high

News sentiment (1 articles)

0 bull1 neutral0 bear

Valuation Gauge

FAIRLY_VALUED+44.2% Margin of Safety

OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹66

Fair Value

₹118

Fair Value Analysis

₹118

Based on balance sheet strength analysis and earnings growth potential for Others sector companies | Sector-cheap: P/E at 14th percentile vs sector peers. | CAUTION: ROCE declining (latest 6.8%) — returns on capital are falling; verify this isn't a value trap.

Medium confidence

Balance Sheet Value

50% weight

₹134

Growth Valuation

50% weight

₹143

Price vs Market

PNBGILTS

Nifty 50

Shareholding Pattern

Stock Health Score

Solid Fundamentals

6 / 10

Profitability

8/10

ROE of 9.6% is acceptable for Others sector (benchmark: 15%)

Debt & Leverage

1/10

D/E ratio of 15.6x is significantly above the Others sector norm — high leverage risk

Valuation vs Peers

10/10

P/E of 7.3x trades at a 82% discount to Others sector median (40x) — attractively valued

Cash Flow

1/10

Negative FCF of ₹-198 Cr — company is consuming more cash than it generates

Earnings Growth

8/10

5yr EPS CAGR of 12.0% is in line with the Others sector average of 12.0%

Dividend

9/10

Dividend yield of 1.6% provides strong shareholder returns (benchmark: 1.5%)

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

-17.1%

Free cash flow / market cap

Revenue Growth (YoY)

+7.6%

Year-on-year revenue change

Profit Growth (YoY)

+27.5%

Year-on-year PAT change

Operating Cash Flow

₹-197 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹8.7

P/E Ratio

7.3x

P/B Ratio

0.7x

ROE

9.6%

ROCE

104.7%

Debt / Equity

15.6x

Beta

0.42

Div Yield

1.5%

FCF (Cr)

₹-198 Cr

Revenue (Cr)

₹1,556 Cr

EPS Growth 5Y

12%

Mkt Cap (Cr)

₹1,156 Cr

52W High

₹119.8

52W Low

₹58.6

Book Value/Share

₹90.9

Financial History

Period	Revenue	Op Profit	OPM%	PAT	EPS
TTM	₹1.9K Cr	₹1.6K Cr	88.0%	₹244 Cr	₹13.53
2025-03-31	₹1.7K Cr	₹1.6K Cr	97.0%	₹233 Cr	₹12.95
2024-03-31	₹1.6K Cr	₹1.5K Cr	97.0%	₹69 Cr	₹3.86
2023-03-31	₹1.2K Cr	₹881 Cr	72.0%	₹-77 Cr	₹-4.29
2022-03-31	₹756 Cr	₹714 Cr	94.0%	₹166 Cr	₹9.21
2021-03-31	₹1.1K Cr	₹1.0K Cr	97.0%	₹454 Cr	₹25.23
2020-03-31	₹882 Cr	₹851 Cr	96.0%	₹186 Cr	₹10.35
2019-03-31	₹508 Cr	₹487 Cr	96.0%	₹53 Cr	₹2.94
2018-03-31	₹402 Cr	₹332 Cr	83.0%	₹1 Cr	₹0.08
2017-03-31	₹500 Cr	₹482 Cr	96.0%	₹167 Cr	₹9.29
2016-03-31	₹343 Cr	₹327 Cr	95.0%	₹34 Cr	₹1.92
2015-03-31	₹410 Cr	₹394 Cr	96.0%	₹88 Cr	₹4.90
2014-03-31	₹346 Cr	₹333 Cr	96.0%	₹61 Cr	₹3.41

Compounded Growth Rates

Sales Growth

3Y+14.6%

5Y+12.0%

10Y+18.4%

Profit Growth

3Y—

5Y-11.7%

10Y+21.8%

EPS Growth

3Y—

5Y-11.7%

10Y+21.6%

Peer Comparison

Others

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HEADSUP Heads UP Ventures Limited	₹7	₹28.8	+75.7%	3.7	—	UNDERVALUED
JINDRILL Jindal Drilling And Industries Limited	₹485.4	₹1,838.1	+73.6%	5.9	13.3%	UNDERVALUED
SHANTIGOLD Shanti Gold International Limited	₹174	₹628	+72.3%	9.5	23.6%	UNDERVALUED
SHANKARA Shankara Building Products Limited	₹120.9	₹417.1	+71.0%	3.8	15.9%	UNDERVALUED
KSOLVES Ksolves India Limited	₹289	₹944.6	+69.4%	22.2	114.6%	UNDERVALUED
SEDEMAC SEDEMAC Mechatronics Limited	₹1,672.5	₹5,216	+67.9%	142.9	20.2%	UNDERVALUED