PNB Housing Finance Share Price

PNB Housing Finance posts strong Q4 profit growth, with management reaffirming a retail-led strategy and cautious expansion into corporate lending

• Business Standard
• 1 month ago

PNB Housing Finance announced Q4FY26 & FY26 results Assets Under Management scaled beyond Rs 90,000 crore milestone, reaching Rs 90,921 crore as of FY26, reflecting a 13%YoY growth. Retail Loan Asset grew by 16% YoY to Rs 86,946 crore as on 31st March 2026, which is 99.5% of the Total Loan Asset. Affordable and Emerging Markets segment grew by 28% YoY and contributes 40% to the Retail Loan Asset. Q4FY26 overall disbursements increased by 36% YoY and 50% QoQ to Rs 9,355 crore, including Rs 335 crore from the disciplined re?entry into the Corporate lending segment. Retail disbursements clocked an all-time high of Rs 9,020 crore in Q4FY26. Net profit for Q4FY26 grew by 19% YoY to Rs 656 crore whereas for FY26 Net Profit grew by 18% YoY to Rs 2,291 crore, led by healthy improvement in operating leverage. Spread during the quarter moderated by 10 bps sequentially to 2.12% on account of softening of yield by 25 bps to 9.47% due to lower incremental yield vs book yield. Our Q4FY26 cost of borrowing improved by 15 bps sequentially to 7.35%. Net interest margin improved by 6 bps in Q4FY26 to 3.69% compared to 3.63% during previous quarter. Achieved significant milestone on asset quality with Gross NPA reduced to <1% levels at 0.93% as on 31st March 2026. Recoveries from written-off pool of Rs 332 crore in FY26 resulted in a negative credit cost of -0.45%. ROA improved by 10 bps YoY to 2.66% and ROE improved by 54 bps YoY to 12.73%. The total number of branches stands at 393 as on 31st March 2026, with 37 additions in FY26. Capital Risk Adequacy Ratio stood at 27.26% as on 31st March 2026; Tier I at 26.89%. The Board of Directors recommended a dividend of Rs 8 per equity share having face value of Rs 10/- for FY26, subject to the shareholder’s approval at the ensuing Annual General Meeting. Ajai Shukla, Managing Director & CEO said: “FY26 marked a year of resilient and balanced growth for the Company, reflecting the strength of our strategy and focused approach. We delivered a healthy expansion in our retail loan portfolio along with sustaining robust asset quality and profitability. The continued focus on disciplined collections and portfolio management resulted in GNPA improving to sub-1% levels. Our Return on Asset improved during the year, supported by strong financial performance and prudent management practices. The successful restart of our corporate lending business during the year represents a key strategic milestone and reinforces our confidence in calibrated, risk-aligned growth opportunities. Technology remained a critical enabler across the organisation, driving operational efficiencies and enabling a more seamless, transparent, and superior customer experience. Aligned with our core purpose of enabling home ownership, we reached an important milestone during the year by facilitating over 5,000 subsidy benefits for our customers under the Pradhan Mantri Awas Yojana (PMAY-U 2.0). As we look ahead, we remain steadfast in our role as a responsible housing finance institution, committed to nation-building by enabling more home ownership dreams across geographies and income segments.” Result PDF

• Trendlyne
• 1 month ago

Conference Call with PNB Housing Finance Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.

• Trendlyne
• 1 month ago