PNB Gilts FY26 Profit After Tax at ₹181.62 Crore; Recommends ₹2 Dividend
PNB Gilts reported a profit after tax of ₹181.62 crore for FY2025-26, with total income at ₹1,699 crore. The company's Net Owned Funds rose to ₹1,696.44 crore, and its Capital Adequacy Ratio improved to 52.68%. The Board recommended a dividend of ₹2 per share. The 30th AGM is scheduled for September 28, 2026.
The decrease in profit, while understandable given the market conditions, is a key financial metric. The recommended dividend increase and improved capital adequacy are positive, but the overall financial performance shows a decline, leading to a medium impact.
The company reported a decrease in profit compared to the previous year due to challenging market conditions, which impacts the sentiment. However, the strengthening of the balance sheet, improved capital adequacy, and a recommended higher dividend suggest a stable outlook.
PNB Gilts Limited has announced its annual report for the financial year 2025-26, which includes the notice for its 30th Annual General Meeting (AGM) scheduled for Monday, September 28, 2026, at 11:00 a.m. (IST) via Video Conferencing.
The company reported a profit after tax (PAT) of ₹181.62 crore for FY2025-26, compared to ₹233.03 crore in the previous fiscal year. The total income stood at ₹1,699 crore. The decrease in profit is attributed to challenging market conditions, including geopolitical events and rising long-term yields, which impacted the valuation of securities.
Despite the profit dip, the company's financial position strengthened. Net Owned Funds increased to ₹1,696.44 crore from ₹1,51,741.19 lakh in the previous year, and the Capital Adequacy Ratio improved to 52.68% from 42.68%, well above the regulatory minimum of 15%.
The company successfully met all its primary market obligations with success ratios of 61.43% in the first half and 47.66% in the second half of FY2025-26, exceeding the stipulated 40%. Outright secondary market turnover was 2.86%, surpassing the 2.5% mandate.
In light of its robust balance sheet and performance, the Board has recommended a dividend of ₹2 per equity share (20% payout), double the previous year's dividend of ₹1 per share, subject to shareholder approval at the AGM.
The annual report also details changes in the Board of Directors and Key Managerial Personnel during the financial year.
A plain-language summary of a public exchange filing by PNB Gilts Limited. Read the original for the full detail.