Punjab & Sind Bank Ltd. · NSE:PSB
Punjab & Sind Bank — Q2 FY2025-26 Earnings Presentation
44 slides from Punjab & Sind Bank's earnings presentation, Oct 16, 2025
Slide 1: Exchange filing cover letter
Ref No: PSB/HO/Shares Cell / 54 /2025-26 October 16, 2025 To, BSE Limited, National Stock Exchange of India Ltd., Department of Corporate Services, Exchange Plaza, C – 1, Block – G, 25th floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Fort, Mumbai – 400 051. Mumb
Slide 2: Financial Performance Q2 (FY 2025-26) Analyst Presentation
Financial Financial Performance Performance Q2 (FY 2025-26) Analyst Presentation
Slide 3: Table of Contents
Table of Contents Section 1 Key Highlights & Business Performance 3-11 Section 2 Key Financial Ratios 12-14 Section 3 Financial Performance & Balance Sheet 15-19 Section 4 Asset Quality 20-23 Section 5 COVID Resolution Framework 24 Section 6 Treasury Operations 25-26 Section 7 Capital Adequacy 27 Se
Slide 4: Key Highlights – Q2 FY'26 (YoY)
1 Key Highlights – Q2 FY’26 (YoY) Total Business Total Deposits 12.19% Rs.241272 Cr. 9.42% Rs.135706 Cr. Gross Advance RAM Advances 15.97% 20.23% Rs.105566 Cr. Rs.58953 Cr. Net Interest Income Operating Profit 8.82% Rs.950 Cr. 10.26% Rs.505 Cr. Business Per Net Profit 22.92% 12.48% Branch Rs.295 Cr.
Slide 5: Key Highlights – Q2 FY'26 (YoY)
1 Key Highlights – Q2 FY’26 (YoY) Recovery & Up- Gross NPA 129 bps 14.37% gradation 2.92% Rs.374 Cr. Net NPA Return on Assets 63 bps 7 bps 0.83% 0.72% Provision Coverage Ratio Book Value Per 332 bps 91.88% 21.22% Share Rs.15.95 Capital Adequacy Fresh Slippage 28.70% 30 bps Ratio Rs.164 Cr. 17.19% 4
Slide 6: Overall Business Mix
1 Overall Business Mix Total Business (₹ Cr) Total Deposits (₹ Cr) Total Advances (₹ Cr) 241,272 135,706 105,566 131,182 99,605 99,950 229,379 231,132 129,774 127,397 95,870 223,267 124,025 91,032 215,057 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Sep'24 Dec'24 Mar'25 Jun'
Slide 7: Liability Franchise
1 Liability Franchise CASA(₹ Cr) Retail Term Deposits (₹ Cr) CASA & Retail Term Deposits(₹ Cr) 41,129 102,561 40,790 61,432 40,133 97,347 39,701 57,214 95,187 93,100 53,399 54,397 52,239 89,983 37,744 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Sep'24 Dec'24 Mar'25 Jun'25 S
Slide 8: Diversified loan book
1 Diversified loan book RAM Share Sep-24 Mar-25 Jun-25 Sep-25 Retail Retail Retail Retail 22.58% 22.22% 21.28% 22.16% ₹ ₹ ₹ ₹ 99,950 Cr Agri, 1,05,566 Cr Agri, 91,032 Cr 99,605 Cr 12.69% 14.06% Agri Agri 14.43% 13.51% Corporate MSME Corporate MSME Corporate MSME 46.14% Corporate 18.73% 44.16% 18.15%
Slide 9: Retail Lending Portfolio
1 Retail Lending Portfolio Advances Mix (₹ Cr) Home Loan (₹ Cr) Period Ended Variation 13,337 12,820 12,696 Particulars 11,769 (in ₹ Cr) QoQ Sep’24 Mar’25 Jun’25 Sep’25 YoY (%) (%) Sep'24 Mar'25 Jun'25 Sep'25 Advances 91032 99605 99950 105566 5.62 15.97 Vehicle Loan (₹ Cr) 3,321 3,564 3,191 2,529 Re
Slide 10: Advances Breakup of Major Industries / Sectors
1 Advances Breakup of Major Industries / Sectors In ₹ Cr Quarter Ended Sector Sep'24 Mar'25 Jun'25 Sep'25 % to Total % to Total % to Total % to Total Particulars (in ₹ Cr) Amount Amount Amount Amount Advances Advances Advances Advances Infrastructure 13371 14.69 14339 14.40 14068 14.08 13388 12.68 (
Slide 11: Rating Profile of NBFCs
1 Rating Profile of NBFCs In ₹ Cr Quarter Ended Sep'24 Mar'25 Jun'25 Sep’25 Particulars (in ₹ Cr) % to Amount % to Total Amount % to Total Amount % to Total Amount Total AAA rated 8072 56.75 7404 50.32 6485 45.35 6395 41.59 AA rated 5565 39.12 6717 45.65 7235 50.59 7883 51.27 A rated 534 3.75 542 3.
Slide 12: Credit Profile
1 Credit Profile Credit – External Rating Wise (Above Rs. 5 Cr.) In ₹ Cr Sep-24 Other Quarter Ended Unrated, 8.80% AAA Sep'24 Mar'25 Jun'25 Sep'25 22.10% Particulars (in ₹ Cr) Govt. % % % % Guar., Amount Amount Amount Amount 24.12% ₹ to Total to Total to Total to Total 51456 Cr BB & AA AAA rated 113
Slide 13: Key Financial Ratios
2 Key Financial Ratios Yield on Advances (In %) Yield on Investments (In %) Yield on Funds (In %) 7.97 7.06 9.14 6.97 7.60 6.89 7.41 7.34 8.75 7.24 8.63 * 8.62 6.80 6.80 8.47 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 * Including one-off
Slide 14: Key Financial Ratios
2 Key Financial Ratios Cost to Income Ratio (In %) Return on Asset (%) Return on Equity (%) 0.79 0.73 0.72 62.82 62.10 0.65 0.67 12.42 12.40 61.87 60.55 10.91 10.41 9.67 54.61 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Book Value Per Shar
Slide 15: Key Financial Ratios (Half Yearly)
2 Key Financial Ratios (Half Yearly) Operating Profit Net Profit Gross NPA (In %) Net NPA (In %) PCR (In %) (Rs. In Cr.) (Rs. In Cr.) 1.46 91.88 564 4.21 1,045 421 2.92 0.83 775 88.56 Sep'24 (6M) Sep'25 (6M) Sep'24 (6M) Sep'25 (6M) Sep'24 (6M) Sep'25 (6M) Sep'24 (6M) Sep'25 (6M) Sep'24 (6M) Sep'25 (
Slide 16: Operating & Net Profit
3 Operating & Net Profit In ₹ Cr Quarter Variation Half Yearly Variation Particulars (in ₹ Cr) Sep’24 Mar’25 Jun’25 Sep’25 QoQ% YoY% Sep’24 Sep’25 YoY% Interest Income 2739 3160 2910 2999 3.06 9.49 5391 5910 9.63 Interest Expenses 1866 2038 2010 2049 1.94 9.81 3668 4059 10.66 Net Interest Income 873
Slide 17: Total Income
3 Total Income In ₹ Cr Quarter Variation Half Yearly Variation Particulars (in ₹ Cr) Sep’24 Mar’25 Jun’25 Sep’25 QoQ% YoY% Sep’24 Sep’25 YoY% Interest on Advances 1898 2331 2056 2148 4.47 13.17 3723 4204 12.93 Interest on Investments 799 812 818 836 2.20 4.63 1612 1654 2.60 Other Interest Income 42
Slide 18: Total Expenses
3 Total Expenses In ₹ Cr Quarter Variation Half Yearly Variation Particulars (in ₹ Cr) Sep’24 Mar’25 Jun’25 Sep’25 QoQ% YoY% Sep’24 Sep’25 YoY% Interest on Deposits 1746 1813 1787 1830 2.41 4.81 3415 3617 5.92 Interest on Others 120 225 223 219 (1.70) 82.50 253 442 74.70 Total Interest Expenses (a)
Slide 19: Other Operating Expenses
3 Other Operating Expenses In ₹ Cr Quarter Variation Half Yearly Variation Particulars (in ₹ Cr) Sep’24 Mar’25 Jun’25 Sep’25 QoQ% YoY% Sep’24 Sep’25 YoY% Rent, Taxes & Lighting 39 41 36 40 11.11 2.56 71 76 7.04 Printing & Stationery 3 3 3 4 33.33 33.33 6 7 16.67 Advertisement & Publicity 3 4 2 6 - 1
Slide 20: Balance Sheet
3 Balance Sheet In ₹ Cr As on Liabilities (in ₹ Cr) Sep’24 Mar’25 Jun’25 Sep’25 Capital 6778 7096 7096 7096 Reserve & Surplus 4799 6259 6562 6538 Deposits 124025 129774 131182 135706 Borrowings 9785 14229 12456 12536 Other Liabilities & Provision 2893 4457 4232 3466 Total 148280 161815 161528 165342
Slide 21: Asset Quality
4 Asset Quality In ₹ Cr Quarter Half Yearly S. No. Particulars (in ₹ Cr) Sep’24 Mar’25 Jun’25 Sep’25 Sep’24 Sep’25 1 Gross NPA Opening Balance 4145 3676 3370 3339 4665 3370 2 Cash recoveries 170 174 147 111 277 235 Out of Above Cash recovery Income 3 74 73 31 32 115 59 Booked 4 Up gradations 125 87
Slide 22: Asset Quality
4 Asset Quality In ₹ Cr Sector Wise NPA (₹ Cr) Quarter Ended Fresh Slippages(Qtr) (₹ Cr) Sep'24 Mar '25 Jun'25 Sep’25 Particulars (₹ Cr) Ratio Ratio Ratio Ratio NNPA GNPA GNPA GNPA GNPA (%) (%) (%) (%) (%) Retail (₹ Cr) Agri (₹ Cr) Retail 397 2.05 393 1.78 404 1.79 341 1.45 0.59 85 Agri 1219 9.27 12
Slide 23: Asset Quality
4 Asset Quality Gross NPA Provision Coverage Ratio with TWO (In %) 7.00 Gross NPA (₹ Cr) Gross NPA (%) 10,000 6.23 6.00 5.70 5.43 8,000 91.77 91.88 5.00 4.72 91.38 4.21 4.00 5,106 3.83 6,000 4,759 4,665 3.38 3.34 4,145 2.92 89.53 3.00 3,835 3,676 3,370 3,339 3,082 4,000 88.54 88.69 88.56 88.16 88.08
Slide 24: Asset Quality
4 Asset Quality Slippage Ratio (In %) Credit Cost (In %) 0.34 0.34 0.28 0.29 0.21 0.11 0.10 0.17 0.02 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 -0.03 Sep'24 Dec'24 Mar'25 Jun'25 Sep'25 Fresh Slippage (₹ Cr) SMA1 and SMA2 (₹ Cr) (above Rs. 5 Crore) 299 679 268 623 230 203 408 164 176 184 120 Sep'24 Dec'24 M
Slide 25: COVID Resolution Framework
5 COVID Resolution Framework Resolution Framework 1 In ₹ Cr Out of which, position as on Restructuring Implemented Loan and aggregate exposure category 30.09.2025 No. of Account Outstanding No. of Account Outstanding Personal Loans 6250 556 2340 246 Other Exposures 419 1007 128 26 Total 6669 1563 24
Slide 26: Treasury Operations
6 Treasury Operations In ₹ Cr Particulars Sep’24 Mar’25 Jun’25 Sep’25 Domestic Investments 45741 47694 49036 49313 • SLR Investments 32082 33107 34214 34437 • Non-SLR Investments 13659 14587 14822 14876 Category Wise Classification Particulars Sep’24 Mar’25 Jun’25 Sep’25 • Held to Maturity (HTM) 300
Slide 27: Treasury Operations
6 Treasury Operations In ₹ Cr % to Total Particulars Sep’24 Mar’25 Jun’25 Sep’25 (Sep’25) GROSS INVESTMENTS 45741 47694 49036 49313 SLR INVESTMENTS 32082 33107 34214 34437 69.83 (i) HFT 3254 3838 3642 2777 5.63 (ii) AFS 7024 7687 8559 8236 16.70 (iii) HTM 21804 21582 22013 23424 47.50 NON-SLR INVEST
Slide 28: Capital Adequacy
7 Capital Adequacy In ₹ Cr Period Ended Regulatory Sep'24 Mar'25 Jun'25 Sep'25 Particulars Requirement Amount % Amount % Amount % Amount % CET I (Including 8.00 9648 14.55 11790 15.59 11838 16.02 11612 15.32 CCB) AT - 1 Tier I (Including 9.50 9648 14.55 11790 15.59 11838 16.02 11612 15.32 CCB) Tier
Slide 29: Digital Journey
8 Digital Journey DIGITAL UPI PSB UNIC UPI UPI MERCHANTS TRANSAC- TRANSAC- REGISTRA- USERS QR ON BOARD- TIONS* TIONS # TIONS (IN LAKHS) (IN NO.) ED (No. in Cr.) (IN CR.) (IN LAKHS) (IN NO.) September 12.52 17.65 8.24 23.16 139466 141278 24 September 16.62 23.49 10.34 28.26 205466 207892 25 Growth 32
Slide 30: Shareholding Pattern & Credit Rating
8 Shareholding Pattern & Credit Rating Shareholding Pattern Others As on LIC 4.82% Particulars 1.33% Sep’24 Mar’25 Jun’25 Sep’25 Share Capital (Rs. In Cr.) 6777.79 7095.59 7095.59 7095.59 Govt. of No. of Shares (Rs. In Cr.) 677.78 709.56 709.56 709.56 India 93.85% Net Worth (Rs. In Cr.) 8921 10945 1
Slide 31: Geographical Presence
9 Geographical Presence Northern Region Wise Classification 1610 963 75 67 Branches 36 110 988 ATMs 359 North 963 2586 Eastern BCs 36 40 Eastern Western Central 75 359 110 Northern Central Eastern 372 North Eastern Western Southern Districts Covered Region wise Branches as on 30.09.2025 Semi Grand R
Slide 32: Priority Sector Lending
9 Priority Sector Lending Mandated S. No. Particulars Sep’25 Targets 1 Priority Sector % to ANBC 40.00% 46.40% 2 Agriculture - PS % to ANBC 18.00% 19.79% 3 Small and Marginal Farmers (SMF) % to ANBC 10.00% 11.71% 4 Weaker Section % to ANBC 12.00% 12.81% 5 Micro Enterprises (PS) % to ANBC 7.50% 13.76
Slide 33: Financial Inclusion
10 Financial Inclusion PMJDY Accounts Opened Total No. of Accounts under Atal Pension Yojna (₹ Lacs) (₹ Lacs) MUDRA Scheme 7.96 123,06 27.27 8 6.05 107,657 25.10 Sep'24 Sep'25 Sep'24 Sep'25 Sep'24 Sep'25 Pradhan Mantri Jeevan Jyoti Pradhan Mantri Suraksha Bima Total amount of Balance O/s in Bima Yoj
Slide 34: ESG Initiatives
10 ESG Initiatives • Well defined Board level Committee & • Climate Risk & Green Deposit Policy for • Organized 20 camps and trained 618 Policies are in place for better Control and Sustainability. trainees in different RSETIs during Q2 Governance. • Mobilized funds under Green Earth (2025-26). • St
Slide 35: Initiatives
10 Initiatives Initiatives Taken by the Bank Accelerating Growth: Strategies for a Resilient Future Chatbot Driven Centralized Trade Finance Outbound Calls for SMA Digital journey for Customer Collection and Marketing for Augmenting Forex Housing Loan, Vehicle Experience of bank’s products Business
Slide 36: Expanding the Digital Scope
11 Expanding the Digital Scope 33% Digital Transactions (Y.o.Y) 988 460 85% Self Service New HL acquisition ATM Passbook (Digitally) Q.o.Q Kiosks (SS Kiosks (SSPB) PB 63% New VL acquisition (Digitally) Q.o.Q Digital Touch 14 03 Digital Points Transactions & 94882 Cash Digital Acquisitions New PSB Un
Slide 37: Specialized Branches
11 Specialized Branches Agri-Hub Startup Branches Specialized Branches Housing Specialized MSME Edge Branches Branches She-Rise Branches 36
Slide 38: Product Mix
UNLOCK THE TRUE THE RIGHT WINGS TO veto % 50Cr) 7.84% onward TRANSFORM GST COMPLIANCE INTO oan upto #25 cr" Flexible repayment upto10 years =a woring entrepreneur: ‘very stepottho wey. EMPOWERING TODAY'S INDIA FOR A SECURE TOMORROW Your Business, Our Support Instant MSME Loans! AFFORDABLE LOANS FOR
Slide 39: Agri Products
BACHAT JO UGAYE AAPKA KAL er of NEFT/RTCS/ P inna/ she auocker Up to 10 Years~ PSB SCHEME FOR FINANCING FARMERS FOR PURCHASE OF LAND FOR AGRICULTURAL PURPOSE Loan- Up to tell Attractive RO! Repayment ‘@ ) Tenure OR etoag vo ate Punjab & Sind Bank AGRICULTURE INFRASTRUCTURE FUND (AIF) ower Your Agri
Slide 40: Awards and Accolades
12 Awards and Accolades During Annual Facilitation Program of PFRDA held on 25th August 2025 .Bank received Award of "Excellence Achiever" for enrolments under APY during FY 2024-25 39
Slide 41: Collaborations
12 Collaborations MoU with National Cooperative MoU with Indian School of Business (ISB) for MoU with CRPF for Punjab & Sind Bank Development Corporation (NCDC) for establishing a Street Vendor Enterprises Gaurav Bachat Salary Package financing Agri Infrastructure facilities by incubation & Scaling
Slide 42: Guidance
12 Guidance Parameters Actual as on Sep’25 Guidance for FY'26 Deposit Growth (YoY) 9.42% 8-10% Advances Growth (YoY) 15.97% 15-16% RAM % to Total Advances 55.84% >57% Gross NPA 2.92% <2.5% Net NPA 0.83% <0.75% PCR 91.88% 92-93% Recovery & Upgradation 646 Crore > Rs.1000 Crore Credit Cost (Annualised
Slide 43: Disclaimer
Disclaimer • The Bank may alter, modify or otherwise change in any manner the contents of this presentation, without obligation to notify any person of such revision or changes. • Except for the historical information contained herein, statements in this release which contain words or phrases such a
Slide 44: Thank You
Loan in THANK YOU 3 Clicks Co-Branded Credit Card Enjoy our seamless Mobile Banking through Follow our Official Page: @PSBIndOfficial
Punjab & Sind Bank — Q2 FY2025-26 Earnings Presentation on 6ix