PNB Housing Finance Posts 18.3% YoY Net Profit Growth; Assets Exceed INR 90,000 Crore Milestone

PNB Housing Finance Posts 18.3% YoY Net Profit Growth; Assets Exceed INR 90,000 Crore Milestone​

PNB Housing Finance Limited (PNB Housing) today announced its consolidated audited financial results for the fourth quarter and the full financial year ended March 31, 2026. The Board of Directors approved the results, reporting robust growth in net profit and a significant milestone in Assets Under Management (AUM).

Key Financial Performance Metrics​

The company reported strong year-on-year growth across key operational metrics for Q4 FY26 and FY26.

Operational and Profit Highlights​

The company reported that its Assets Under Management (AUM) surpassed the INR 90,000 crore milestone, reaching INR 90,921 crore as of the end of FY26, marking 13% year-on-year growth.

Key performance indicators reported during the period include:

• Disbursements: Overall disbursements saw a notable increase of 36% year-on-year (YoY) and 50% quarter-on-quarter (QoQ), reaching INR 9,355 crore in Q4 FY26. This included INR 335 crore from the re-entry into the Corporate lending segment. Retail disbursements reached an all-time high of INR 9,020 crore in Q4 FY26.
• Profitability: Net profit for Q4 FY26 grew by 19% YoY to INR 656 crore. For the full FY26, the net profit grew by 18% YoY to INR 2,291 crore, attributed to improvements in operating leverage.
• Asset Quality: PNB Housing maintained strong asset quality, reducing the Gross NPA (GNPA) to 0.93% as of March 31, 2026, marking a 15 basis point (bps) improvement YoY. Recoveries from the written-off pool of INR 332 crore in FY26 resulted in a negative credit cost of 0.45%.
• Financial Ratios: Return on Assets (ROA) improved by 10 bps YoY to 2.66%, and Return on Equity (ROE) improved by 54 bps YoY to 12.73%.
• Banking Reach: The total number of branches stood at 393 as of March 31, 2026, reflecting 37 additions in FY26.
• Capital Adequacy: The Capital Risk Adequacy Ratio (CRAR) stood at 27.26% as of March 31, 2026, with the Tier I ratio at 26.89%.

Management Commentary​

Mr. Ajai Shukla, Managing Director & CEO, stated that FY 2025-26 marked a year of resilient and balanced growth, emphasizing the strength of the company's strategy and focused approach.

He noted that the continued focus on disciplined collections and portfolio management led to GNPA improving to sub-1% levels. Mr. Shukla highlighted that the successful restart of the corporate lending business is a key strategic milestone, reinforcing confidence in risk-aligned growth opportunities. Additionally, he mentioned that the company facilitated over 5,000 subsidy benefits for customers under the Pradhan Mantri Awas Yojana (PMAY-U 2.0).

Dividend Recommendation​

The Board of Directors recommended a dividend of INR 8 per equity share (face value of INR 10) for FY26, subject to the approval of the shareholders at the ensuing Annual General Meeting.

Company Snapshot​

PNB Housing Finance Limited is a deposit-taking Housing Finance Company, promoted by Punjab National Bank, and is a registered Housing Finance Company with the National Housing Bank (NHB). The company's asset base is primarily composed of retail and corporate loans, focusing on organized mass housing segment financing for acquisition or construction of houses, in addition to providing loan against properties.

PNBHOUSING Stock Price Movement​

PNB Housing Finance Limited shares today slipped by 1.85% to settle at ₹906.75. The equity saw total trading volume of 1.53 million shares during the session.

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