PNB Housing Finance Limited share price

NSE: PNBHOUSING · ISIN INE572E01012

Key numbers

Market cap
₹ 28,555 Cr
Current price
₹ 1,094.90
52-week high / low
₹ 1,212 / 730
Stock P/E
12.8
Book value
₹ 737.6
Dividend yield
0.73%
ROCE
11.9%
ROE
12.7%
Debt to equity
2.77
Sales growth (3 yrs)
12.5%
Profit growth (3 yrs)
29.9%
1-year return
23.0%

About PNB Housing Finance Limited

PNB Housing Finance Limited operates as a housing finance company in India. It offers loans to individuals and corporate bodies for purchase, construction, repair, and upgradation of houses; loans for commercial space, and loans against property, as well as for purchase of residential plots; and home loans, property-related services, and fixed deposits. The company was incorporated in 1988 and is based in Gurugram, India.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales854844864922923
Operating profit1,9041,9371,9372,1202,073
Net profit550534520656557
EPS (₹)21.1820.5219.9725.1721.39

Concall summary (2026-08-07)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • PNB Housing Finance Limited August 05, 2026 Internal Further, RBI revised its FY27 GDP growth forecast from 6.9% to 6.66% in its June 2026 policy review, reflecting concerns around higher energy costs, supply chain disruptions and weaker external demand.
  • At segmental level, Prime and Emerging Market has seen a double-digit growth at year-on-year level and stood at INR 3,083 crores and INR 2,029 crores for Q1 FY27 with a disbursement of INR 555 crores in Affordable segment, which is currently less than the target level.

Growth & demand

  • On a comparable cheque handover basis, disbursement delivered a strong 56% Y-o-Y growth, reflecting sustained business momentum.
  • Post the one-time impact of this transition, disbursement for Q1 FY27 grew at 18% Y-o-Y at INR5,882 crores.

Margins & costs

  • Recoveries remained healthy at INR67 crores from written-off pool, resulting in a negative credit cost of 12 basis points during the quarter.
  • Marginal increase in cost of borrowing to 7.36% during Q1 financial year '27 compared with 7.35% in previous quarter.

Capex & expansion

  • Also, as part of our growth strategy, we have commenced full buyout transactions and acquired loan assets aggregating to INR146 crores during the quarter.

Balance sheet & cash

  • As far as margin is concerned, our spread remained stable sequentially at 2.12%, while NIM moderated by 19 bps Q-on-Q to 3.50%, out of which 12 bps is attributable to increase in leverage and 7 bps in true-up impact of Q4 FY26.
  • Incremental cost of borrowing increased by 18 bps, primarily due to higher tighter liquidity condition and volatility in financial markets.

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