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Earnings Call

PNB Housing Finance Earnings Call: Key Takeaways

PNB Housing reported strong FY26 performance with Retail Loan Assets growing 16% YoY to INR 86,946 crore. The company achieved a milestone GNPA below 1% (0.93%) and focus remains on high-yielding Affordable/Emerging segments.

Highlights
Revenue growthInterest Income grew 11% YoY for FY26 to INR 8,071 crore.
MarginsNIM improved to 3.69% in Q4 from 3.63% in Q3.
Order bookLive loan accounts crossed 3,77,000 as of Mar-26.
Demand visibilityStrong, specifically in Tier 2/3 cities for affordable housing.
Management confidenceHigh; citing all-time high retail disbursements and significant asset quality milestones.

Growth

FY26 PAT grew 18% YoY to INR 2,291 crore; Retail disbursements reached all-time high of INR 9,020 crore in Q4.

Outlook

Focus on 40% portfolio contribution from Affordable/Emerging segments; ROA targets of 2.66% achieved.

Risks

Moderating yields in Prime and Emerging segments; Cost of Borrowing remains sensitive to market liquidity.

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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