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Earnings Call

PNB Housing Finance Earnings Call: Key Takeaways

PNB Housing reported highest-ever quarterly retail disbursements of ₹9,020cr in Q4 FY26. Strategy focuses on expanding high-yield 'Affordable' and 'Emerging' segments while maintaining sub-1% GNPA.

Why this was an Alfa AlertGross NPA improved to 0.93%, achieving significant stated milestone of <1% levels in Q4 FY26.
Highlights
Revenue growthInterest income grew 11% in FY26 to ₹8,071cr.
MarginsNIM at 3.69% (Q4); Cost of borrowing improved to 7.35%.
Demand visibilityStrong retail demand, particularly in Affordable (61% YoY asset growth).
Management confidenceHigh, citing record disbursements and milestone asset quality levels.

Growth

Retail Loan Assets grew 16% YoY to ₹86,946cr; PAT for FY26 rose 18% YoY to ₹2,291cr.

Outlook

Focus on 80% branch network in affordable/emerging markets; ROA target of 2.66% and sub-1% GNPA maintenance.

Risks

Slight yield moderation to 9.47% in Q4 from 9.72% in Q3; net interest margin compression YoY.

Source

Earnings Call filed with BSE, NSE: PNBHOUSING. Summary written with AI assistance from the document.

Read the document ↗

PNB Housing Finance Ltd: key numbers

Share price
₹1,085.00
Market cap
₹28,297 Cr
Revenue (annual)
₹8,505 Cr
Net profit (annual)
₹2,291 Cr
P/E (TTM)
12.2×Sector 21.7×
Promoter holding
28.03%-0.01% QoQ
FII holding
16.81%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Value
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16:57 IST NSE
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PNB Housing Finance Debt & Borrowing: ₹700 Cr

PNB Housing Finance Limited redeemed Commercial Papers worth ₹700 Crore on the due date of September 15, 2026. This confirms the repayment of debt obligations.

Value
₹700.0 Cr