Punjab & Sind Bank
NSE Symbol PSB
Punjab & Sind Bank has released results with LOWER PERFORMANCE in Q3
FY 2012 ending dec,2011 YoY.
Interest on
Advances stands at
Rs.1266.42 cr in Q3 FY 12 – up by 2.43%
from Q2 FY 112; and up by 35.71% from Q3
FY 11.
Income on
Investments stands
at Rs.384.30 Cr in Q3 FY 12 – up by 5.74%
from Q2 FY 12 and up by 19.67% from Q3
FY 11.
Interest
Earned stands at
Rs.1660.87 Cr in Q3 FY 12 – up by 3.38% from Q2 FY 12 and up by 31.78% from Q3 FY 11.
Total Income stands at Rs.1754.44 Cr in Q3 FY 12
– up by 2.52% from Q2 FY 12; and up by 29.72% from Q3 FY11.
Interest
Expended stands at
Rs.1285.75 Cr in Q3 FY 12 – up by 2.91% from Q2 FY 12; and up by 47.09% from Q3 FY 11.
Net Interest
Income stands at
Rs.375.12 Cr in Q3 FY 12 – up by 5.05% from Q2 FY 12; and down by -2.88% from Q3 FY 11.
Total
Expdr(excl.prov) stands
at Rs.1569.64 Cr in Q3 FY 12 – up by 1.83% from Q2 FY 12; and up by 40.1% from Q3 FY 11.
Operating
Profit stands at
Rs.184.80 Cr in Q3 FY 12 – up by
8.84% from Q2 FY 12; and down by -20.38%
from Q3 FY 11
Provisions stands at Rs.28.09 Cr in Q3 FY 12 up
by 255% from Q2 FY 12; and down by -53.88% from Q3 FY 11.
Profit before tax stands at Rs.156.71 Cr in Q3 FY 12 – down by -16.6% from Q2 FY 12; and down by -8.47% from Q3 FY 11.
Tax Expense stands
at Rs.65.08 Cr in Q3 FY 12 – up by 61.89% from Q2 FY 12; and up by 81.23% from Q3 FY 11.
Net Profit stands at Rs.91.63 Cr in Q3 FY 12 – down by -38% from Q2 FY 12; and down by -32.28%
from Q3 FY 11.
Capital Adequacy Ratio stands at 12.99% in Q3 FY 12; 12.79% in Q2 FY 12; and 14.13% in Q3 FY 11.
% of Gross/Net NPA stands
at 0.88 in Q3 FY 12; 0.71 in Q2 FY 12;
and 0.44 in Q3 FY 11.
Return on Assets stands
at 0.52 in Q3 FY 12 - 0.37 in Q2 FY 12; and 0.9 in Q3 FY 11.
Basic EPS stands
at Rs. 4.11 in Q3 FY 12; Rs.6.62
in Q2 FY 12; and Rs.7.32 in Q3 FY 11. There is a Big Fall in profits and EPS
YoY and QoQ both. This is due to
increase in Expenditure and Provisions both.
Annual EPS may
come to Rs.21.5.
Current Market price stands
at Rs.66.80 While the 52 week high price is Rs.114.95 and the
52 week low price is Rs.58.
The PE ratio
comes to around 3.11
HIGH LIGHTS
Ø DEPOSITS registered a growth of 12.4%YoY.
Ø Credit registered a Growth of 12.69% YoY
Ø Total Business registered an increase of 12.52% to
rs.101855 cr.
Ø CRAR is at
12.99% under BASEL II
Ø CD RATIO :71.90 as on 31.12.2011
Ø BUSINESS
Ø CASA DEPOSITS
grew to 14004 cr – from 13438 cr YoY.
Ø Net Profit for 9 m is Rs.303.48Cr.
Ø Provision coverage Ratio : 70.34%.
Ø ASSET QUALITY :
Ø GRIOSS NPA RATIO : 1.28%; NET NPA RAIO ; 0.88%.
Ø EOS AS ON 31.12.2011 : Rs.18.14
Ø ROA : 0.58%
Ø NIM : 2.33% as on 31.12.2011.
Ø BV :Rs.141.29 on 31.12.2011.(Rs.121.23 in Dec,2010)
Ø Capital to Risk weighted Assets Ratio (CRAR) :12.99%
under BASEL II NORMS (14.13% ON
31.12.2010).
RESULTS TABLE
|
Punjab & Sind Bank
|
31-Dec-11
|
30-Sep-11
|
%Dif1
|
30-Jun-11
|
31-Mar-11
|
31-Dec-10
|
%Dif2
|
|
Interest
on Advances
|
126642
|
123635
|
2.43
|
115207
|
102071
|
93320
|
35.71
|
|
Income
on Investments
|
38430
|
36345
|
5.74
|
34524
|
33075
|
32113
|
19.67
|
|
Income
on Balances With RBI
|
1013
|
670
|
51.19
|
364
|
401
|
249
|
306.83
|
|
Others
|
2
|
3
|
-33.3
|
6
|
1004
|
356
|
-99.44
|
|
Interest Earned
|
166087
|
160653
|
3.38
|
150101
|
136551
|
126038
|
31.78
|
|
Other
Income
|
9357
|
10474
|
-10.7
|
9368
|
12003
|
9210
|
1.6
|
|
Total Income
|
175444
|
171127
|
2.52
|
159469
|
148554
|
135248
|
29.72
|
|
Interest
Expended
|
128575
|
124945
|
2.91
|
115021
|
97190
|
87414
|
47.09
|
|
Net
Intt Income
|
37512
|
35708
|
5.05
|
35080
|
39361
|
38624
|
-2.88
|
|
Employees
Cost
|
21030
|
21825
|
-3.64
|
19080
|
16009
|
19209
|
9.48
|
|
Other
Oprting Expenses
|
7359
|
7378
|
-0.26
|
8640
|
6358
|
5414
|
35.93
|
|
Oprting
Expenses
|
28389
|
29203
|
-2.79
|
27720
|
22367
|
24623
|
15.29
|
|
Total Expdr(excl.prov)
|
156964
|
154148
|
1.83
|
142741
|
119557
|
112037
|
40.1
|
|
Operating
Profit
|
18480
|
16979
|
8.84
|
16728
|
28997
|
23211
|
-20.38
|
|
Provisions
|
2809
|
-1817
|
-255
|
6819
|
7005
|
6090
|
-53.88
|
|
Profit before tax
|
15671
|
18796
|
-16.6
|
9909
|
21992
|
17121
|
-8.47
|
|
Tax
Expense
|
6508
|
4020
|
61.89
|
3500
|
8965
|
3591
|
81.23
|
|
Net Profit
|
9163
|
14776
|
-38
|
6409
|
13027
|
13530
|
-32.28
|
|
Face
Value(Rs.)
|
10
|
10
|
0
|
10
|
10
|
10
|
0
|
|
Paid-up
Equity
|
22306
|
22306
|
0
|
22306
|
22306
|
22306
|
0
|
|
Capital
Adequacy Ratio
|
12.99
|
12.79
|
1.56
|
13.34
|
11.94
|
14.13
|
-8.07
|
|
Basic
EPS
|
4.11
|
6.62
|
-37.9
|
2.87
|
5.13
|
7.32
|
-43.85
|
|
Gross/Net
NPA
|
37392
|
29746
|
25.7
|
33072
|
23794
|
16414
|
127.81
|
|
%
of Gross/Net NPA
|
0.88
|
0.71
|
23.94
|
0.77
|
0.56
|
0.44
|
100
|
|
Return
on Assets
|
0.52
|
-
|
0.37
|
0.83
|
0.9
|
-42.22
|
|
|
Public
holding (%)
|
17.93
|
17.93
|
0
|
17.93
|
0
|
17.93
|
0
|
*
* * E
N D *
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