Finance
Valuation | |
|---|---|
| Market Cap | 25.05 kCr |
| Price/Earnings (Trailing) | 11.63 |
| Price/Sales (Trailing) | 3.06 |
| EV/EBITDA | 3.09 |
| Price/Free Cashflow | -2.7 |
| MarketCap/EBT | 9.03 |
| Enterprise Value | 23.72 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -1.2% |
| Price Change 1M | 7.4% |
| Price Change 6M | -11.2% |
| Price Change 1Y | 7.4% |
| 3Y Cumulative Return | 20.8% |
| 5Y Cumulative Return | 21.5% |
| 7Y Cumulative Return | 1.2% |
Cash Flow & Liquidity |
|---|
| Revenue (TTM) |
| 8.19 kCr |
| Rev. Growth (Yr) | 13.4% |
| Earnings (TTM) | 2.15 kCr |
| Earnings Growth (Yr) | 23.8% |
Profitability | |
|---|---|
| Operating Margin | 34% |
| EBT Margin | 34% |
| Return on Equity | 11.96% |
| Return on Assets | 2.51% |
| Free Cashflow Yield | -36.98% |
| Cash Flow from Investing (TTM) | 757.1 Cr |
| Cash Flow from Operations (TTM) | -8.06 kCr |
| Cash Flow from Financing (TTM) | 7.4 kCr |
| Cash & Equivalents | 1.33 kCr |
| Free Cash Flow (TTM) | -8.11 kCr |
| Free Cash Flow/Share (TTM) | -311.62 |
Balance Sheet | |
|---|---|
| Total Assets | 85.76 kCr |
| Total Liabilities | 67.79 kCr |
| Shareholder Equity | 17.97 kCr |
| Net PPE | 222.84 Cr |
| Inventory | 0.00 |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | -0.43 |
| Interest/Cashflow Ops | -0.72 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 5 |
| Dividend Yield | 0.52% |
| Shares Dilution (1Y) | 0.30% |
| Shares Dilution (3Y) | 54.5% |
Profitability: Very strong Profitability. One year profit margin are 26%.
Smart Money: Smart money has been increasing their position in the stock.
Size: Market Cap wise it is among the top 20% companies of india.
Technicals: Bullish SharesGuru indicator.
Growth: Good revenue growth. With 36.2% growth over past three years, the company is going strong.
Past Returns: Outperforming stock! In past three years, the stock has provided 20.8% return compared to 12.5% by NIFTY 50.
Insider Trading: There's significant insider buying recently.
Dilution: Company has a tendency to dilute it's stock investors.
Profitability: Very strong Profitability. One year profit margin are 26%.
Smart Money: Smart money has been increasing their position in the stock.
Size: Market Cap wise it is among the top 20% companies of india.
Technicals: Bullish SharesGuru indicator.
Growth: Good revenue growth. With 36.2% growth over past three years, the company is going strong.
Past Returns: Outperforming stock! In past three years, the stock has provided 20.8% return compared to 12.5% by NIFTY 50.
Insider Trading: There's significant insider buying recently.
Dilution: Company has a tendency to dilute it's stock investors.
Investor Care | |
|---|---|
| Dividend Yield | 0.52% |
| Dividend/Share (TTM) | 5 |
| Shares Dilution (1Y) | 0.30% |
| Earnings/Share (TTM) | 82.64 |
Financial Health | |
|---|---|
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 55.86 |
| RSI (5d) | 25.44 |
| RSI (21d) | 58.89 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal | Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Summary of PNB Housing Finance's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
During the earnings call held on October 27, 2025, management presented a positive outlook for PNB Housing Finance Limited. They reported disbursements of approximately INR 6,000 crore in Q2 FY26, marking a sequential growth of 20% from Q1 FY26. The retail loan book grew by 17% year-on-year, reaching INR 79,439 crore, which now constitutes 99.6% of the total loan book, totaling INR 79,779 crore. Notably, the Affordable and Emerging market segments together experienced a growth of 34% year-on-year, contributing 38% to the retail loan book.
Management highlighted a steady improvement in asset quality with a decrease in gross NPA to 1.04%, reflecting a decline from 1.06% in the prior quarter and 1.24% a year earlier. They reported a credit cost reversal of 53 basis points due to successful recoveries amounting to INR 59 crore. The company's cost of borrowing also decreased by 7 basis points to 7.69%.
The management emphasized their strategic focus on retail growth, particularly in the Affordable housing segment, with plans to expand their branch network by adding 40 to 50 branches annually. They forecasted a full-year growth rate of 17% to 18%, aligning with their previous quarter's performance.
Additionally, the return on assets increased to 2.73% for Q2 and 2.65% for H1, with return on equity at 13.14% for the quarter. They expressed confidence in sustaining long-term value delivery for stakeholders, reinforced by a strong management team and a resilient culture. As they progress through FY26, management aims to enhance customer experience and maintain robust asset quality while capturing the growing demand in India's housing market.
Understand PNB Housing Finance ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Punjab National Bank | 28.04% |
| Aditya Birla Sun Life Trustee Private Limited A/C - Aditya Birla Sun Life Large Cap Fund | 3.15% |
| Hsbc Small Cap Fund | 2.9% |
| Sbi Life Insurance Co. Ltd | 2.51% |
| Kotak Mahindra Trustee Co Ltd A/C Kotak Multicap Fund | 2.03% |
| Canara Robeco Mutual Fund A/C Canara Robeco Small Cap Fund | 2.02% |
Detailed comparison of PNB Housing Finance against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| LICHSGFIN | Lic Housing Finance | 29.35 kCr | 28.81 kCr | +1.70% | -5.60% | 5.32 | 1.02 | - | - |
| CANFINHOME | Can Fin Homes | 12.24 kCr |
Comprehensive comparison against sector averages
PNBHOUSING metrics compared to Finance
| Category | PNBHOUSING | Finance |
|---|---|---|
| PE | 11.63 | 13.81 |
| PS | 3.06 | 3.01 |
| Growth | 12.5 % | 6.7 % |
PNB Housing Finance Limited operates as a housing finance company in India. It provides loans to individuals and corporate bodies for purchase, construction, repair, and up-gradation of houses/flats/commercial properties; residential plot loans and loans for NRIs; loan against property, lease rental discounting, and loans for real estate developers; home loans and fixed deposit products. PNB Housing Finance Limited was incorporated in 1988 and is based in New Delhi, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
PNBHOUSING vs Finance (2021 - 2026)
Devang Shah: "What is the update on the new CEO who is coming on the ground? Is it from the internal or external?"
Jatul Anand: "The company is progressing in filling the vacancy, and the disclosures will go to the stock exchanges first. In the meantime, I am leading the team and reporting to the Board. Given the sensitivity of the process, I can't provide more specifics at this time."
Devang Shah: "What are we doing regarding growth trajectory in upcoming quarters?"
Vinay Gupta: "We have guided for a growth rate of around 17% to 18% for the year, which remains intact as we have been growing between that range over the last two quarters."
Praful Kumar: "Can you provide details about the CEO search process"”applicants, timeframe?"
Jatul Anand: "Due to the sensitivity of the CEO search process, I cannot share specific details. The Board is conducting a transparent search for the right candidate, and the results will be disclosed to stock exchanges first."
Renish: "What is the expected NIM trajectory for the next two quarters?"
Vinay Gupta: "We expect NIM to be range-bound between 3.6% to 3.7% for the year. While we will see benefits from lower borrowing costs, the mix being in favor of Prime and Emerging segments will still impact NIM."
Renish: "Can you share insights about the spike in delinquency rates in the affordable segment?"
Valli Sekar: "The spike is due to the portfolio's maturation and the company moving into high yield products in tier-3 and tier-4 markets. The first quarter had cyclical issues impacting performance, and this variance is expected."
Prithviraj Patil: "What is the status of the asset pool pending recovery?"
Jatul Anand: "The write-off pool is close to INR 1,000 crores"”INR 675 crores from Corporate loans and the rest from Retail. Recoveries have been steady, and we expect credit costs to remain in the current range for now."
| Tata Mutual Fund- Tata Value Fund | 1.96% |
| Hdfc Mutual Fund - Hdfc Multi Cap Fund | 1.94% |
| Franklin India Small Cap Fund | 1.89% |
| Bandhan Small Cap Fund | 1.59% |
| Stichting Depositary Apg Emerging Markets Equity Pool | 1.53% |
| Sundaram Mutual Fund A/C Sundaram Services Fund | 1.14% |
| Edelweiss Trusteeship Co Ltd Ac- Edelweiss Mf Ac-Edelweiss Small Cap Fund | 1.12% |
| Axis Max Life Insurance Limited A/C - Ulif01311/02/08lifehighgr104 - High Growth Fund | 1.1% |
| Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund | 1.09% |
| Punjab Gramin Bank | 0% |
| Himachal Pradesh Gramin Bank | 0% |
| Sarva Haryana Gramin Bank | 0% |
| Bihar Gramin Bank | 0% |
| Assam Gramin Vikas Bank | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| 4.14 kCr |
| -0.50% |
| +33.70% |
| 12.57 |
| 2.96 |
| - |
| - |
| REPCOHOME | Repco Home Finance | 2.56 kCr | 1.76 kCr | +5.60% | -1.10% | 5.58 | 1.45 | - | - |
| -126.2% |
| 0.36 |
| 3.44 |
| 4.51 |
| 3.09 |
| 3.22 |
| 3 |
| Impairment on financial instruments | -99.5% | -113.18 | -56.22 | -64.83 | -36.13 | -45.61 | -11.96 |
| Other expenses | 13.9% | 91 | 80 | 88 | 90 | 76 | 67 |
| Profit Before exceptional items and Tax | 10.5% | 760 | 688 | 711 | 616 | 605 | 554 |
| Total profit before tax | 10.5% | 760 | 688 | 711 | 616 | 605 | 554 |
| Current tax | 12.2% | 148 | 132 | 168 | 131 | 125 | 146 |
| Deferred tax | 38.1% | 30 | 22 | -7.56 | 1.31 | 10 | -24.24 |
| Tax expense | 15.7% | 178 | 154 | 161 | 132 | 135 | 121 |
| Total profit (loss) for period | 9% | 582 | 534 | 550 | 483 | 470 | 433 |
| Other comp. income net of taxes | -90.2% | 9.39 | 87 | -41.86 | -6.93 | -3.85 | -17.02 |
| Total Comprehensive Income | -4.7% | 591 | 620 | 509 | 476 | 466 | 416 |
| Earnings Per Share, Basic | 9.3% | 22.34 | 20.52 | 21.18 | 18.6 | 18.08 | 16.66 |
| Earnings Per Share, Diluted | 9.5% | 22.29 | 20.45 | 21.1 | 18.53 | 18.02 | 16.61 |
| Debt equity ratio | -0.1% | 0.0363 | 0.0371 | 0.037 | 0.0366 | 0 | 0 |
| - |
| - |
| - |
| 11 |
| - |
| - |
| - |
| Other income | 200% | 28 | 10 | 1.84 | 4.83 | 19 | 7.6 |
| Total Expenses | 2.2% | 5,165 | 5,052 | 5,126 | 5,083 | 6,397 | 7,661 |
| Employee Expense | 24.7% | 329 | 264 | 214 | 180 | 176 | 195 |
| Finance costs | 6.8% | 4,553 | 4,262 | 3,900 | 4,066 | 5,099 | 5,875 |
| Depreciation and Amortization | 10% | 56 | 51 | 51 | 53 | 59 | 66 |
| Fees and commission expenses | 30% | 14 | 11 | 8.91 | 9 | 6.68 | 8.03 |
| Impairment on financial instruments | -193.9% | -158.55 | 171 | 691 | 576 | 862 | 1,251 |
| Other expenses | 27.4% | 373 | 293 | 260 | 199 | 194 | 266 |
| Profit Before exceptional items and Tax | 26.6% | 2,496 | 1,972 | 1,367 | 1,063 | 1,187 | 825 |
| Total profit before tax | 26.6% | 2,496 | 1,972 | 1,367 | 1,063 | 1,187 | 825 |
| Current tax | 34.8% | 567 | 421 | 83 | 243 | 408 | 366 |
| Deferred tax | -195.3% | -19.96 | 23 | 227 | -1.71 | -146.46 | -223.63 |
| Tax expense | 23.3% | 547 | 444 | 311 | 241 | 262 | 143 |
| Total profit (loss) for period | 27.7% | 1,949 | 1,527 | 1,056 | 822 | 925 | 682 |
| Other comp. income net of taxes | -306.1% | -69.83 | -16.44 | 77 | 97 | -21.25 | -55.69 |
| Total Comprehensive Income | 24.4% | 1,879 | 1,511 | 1,133 | 919 | 904 | 627 |
| Reserve excluding revaluation reserves | - | 16,574 | - | - | - | 8,699 | - |
| Earnings Per Share, Basic | 27.4% | 75.02 | 59.12 | 62.62 | 48.78 | 55.01 | 40.6 |
| Earnings Per Share, Diluted | 27.3% | 74.74 | 58.94 | 62.56 | 48.67 | 54.98 | 40.55 |
| Debt equity ratio | - | - | 0.0369 | 0.049 | 0.0541 | 0.0673 | 0.0861 |
| Debt service coverage ratio | - | - | 0 | 0 | 0 | 0 | 0.011 |
| Interest service coverage ratio | - | - | 0 | 0 | 0 | 0 | 0.0128 |
| 4.1% |
| 85,370 |
| 82,010 |
| 74,687 |
| - |
| - |
| - |
| Current tax assets (Net) | -444.8% | 0 | 1.29 | 28 | 163 | 238 | 252 |
| Investment property | 0% | 0.51 | 0.51 | 0.51 | 0.51 | 0.51 | 0.52 |
| Property, plant and equipment | 2.5% | 84 | 82 | 70 | 66 | 65 | 132 |
| Capital work-in-progress | -46.3% | 2.97 | 4.67 | 6.88 | 5.43 | 0.11 | 0.08 |
| Total non-financial assets | -14.8% | 414 | 486 | 496 | - | - | - |
| Total assets | 4% | 85,784 | 82,497 | 75,183 | 72,371 | 70,272 | 66,805 |
| Equity share capital | 0.4% | 261 | 260 | 260 | 260 | 260 | 169 |
| Total equity | 6.8% | 17,985 | 16,834 | 15,834 | 14,932 | 14,155 | 10,953 |
| Derivative financial instruments | -102% | 0 | 50 | 29 | 0 | - | - |
| Debt securities | 16.6% | 9,999 | 8,573 | 10,316 | 7,852 | 6,579 | 3,994 |
| Borrowings | 2.3% | 36,375 | 35,555 | 28,313 | 28,667 | 29,427 | 31,175 |
| Deposits | 3.5% | 18,255 | 17,642 | 17,646 | 17,758 | 16,789 | 17,214 |
| Subordinated liabilities | 0% | 540 | 540 | 740 | 739 | 739 | 1,238 |
| Total financial liabilities | 3.4% | 67,642 | 65,415 | 59,175 | - | - | - |
| Current tax liabilities | - | 32 | 0 | 0 | 0 | 0 | - |
| Provisions | 40% | 29 | 21 | 24 | 20 | 26 | 17 |
| Total non financial liabilities | -36.8% | 157 | 248 | 174 | - | - | - |
| Total liabilities | 3.3% | 67,799 | 65,663 | - | 57,439 | 56,117 | 55,852 |
| Total equity and liabilities | 4% | 85,784 | 82,497 | 75,183 | 72,371 | 70,272 | 66,805 |
| -74.8% |
| -8,119.5 |
| -4,644.14 |
| -1,772.04 |
| 6,218 |
| - |
| - |
| Proceeds from sales of PPE | 40.3% | 0.57 | 0.28 | 0.17 | 0.13 | - | - |
| Purchase of property, plant and equipment | 26.3% | 49 | 39 | 13 | 14 | - | - |
| Purchase of investment property | -169.8% | -804.99 | 1,155 | 0 | 0 | - | - |
| Purchase of intangible assets under development | - | 0 | 0 | 0 | 1.16 | - | - |
| Net Cashflows From Investing Activities | 163.3% | 757 | -1,193.48 | 174 | -1,476.23 | - | - |
| Proceeds from issuing shares | -99.8% | 6.97 | 2,468 | 7.21 | 11 | - | - |
| Proceeds from issuing debt etc | 53.7% | 2,230 | 1,451 | 0 | 0 | - | - |
| Proceeds from borrowings | 56.1% | 50,712 | 32,485 | 17,577 | 21,055 | - | - |
| Repayments of borrowings | 41.4% | 45,508 | 32,193 | 17,247 | 27,718 | - | - |
| Payments of finance lease liabilities | - | - | 33 | 0 | 0 | - | - |
| Payments of lease liabilities | - | 38 | 0 | 36 | 32 | - | - |
| Net Cashflows From Financing Activities | 77.2% | 7,404 | 4,179 | 301 | -6,684 | - | - |
| Net change in cash and cash eq. | 102.4% | 41 | -1,658.98 | -1,296.94 | -1,942.06 | - | - |