Partner With Us NRI

PNB Housing Finance Ltd share Price

Company details

6M Return 61.06%
1Y Return 122.72%
Mkt Cap.(Cr) 18,727.40
Volume 1,400,719
Div Yield 0.00%
OI Chg %
Volume 1,400,719

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

PNB Housing Finance announced Q1FY24 results:

  • Company completed its Rights Issue of Rs 2,493.76 crore in May 2023. The issue was subscribed by around 1.21 times.
  • Retail Loan Assets grew by 11% YoY to Rs 56,978 crore as on 30th June 2023, which is 94% of Loan Asset
  • Loan Asset crossed Rs 60,000 crore mark to Rs 60,395 crore as of 30th June 2023 registering 5% growth YoY
  • Gross NPA declined by 259 bps to 3.76% as on 30th June 2023 as compared to 6.35% as on 30th June 2022
    • Retail GNPA declined by 124 bps to 2.49% as on 30th June 2023 as compared to 3.73% as on 30th June 2022
  • Affordable segment presence expanded to 88 branches & outreaches as on 30th June 2023
  • Capital Risk Adequacy Ratio stood at 29.93% as on 30th June 2023; Tier I at 28.15%
  • Care Ratings has upgraded the outlook on various financial facilities/instruments to ‘Positive’ from ‘Stable’ in Jun’23 and reaffirmed the rating at CARE AA.
  • Profit after Tax increased by 48% YoY and 24% QoQ to Rs 347 crore.
  • Highest ever Return on Asset in a decade by the Company at 2.07% in Q1FY23 as compared to 1.61% in FY23
  • Net Interest Income improved by 70% YoY and 6% QoQ to Rs 629 crore.
  • Operating expenditure increased by 26% YoY and 5% QoQ to Rs 150 crore.
  • Pre provision Operating Profit improved by 41% YoY and 4% QoQ to Rs 507 crore.
  • Yield at 10.59% in Q1FY24 as compared to 8.63% in Q1FY23 and 10.41% in Q4FY23.
  • Spread on loans at 2.62% in Q1FY24 as compared to 1.42% in Q1FY23 and 2.65% in Q4FY23.
  • Net Interest Margin stood at 3.86% and Gross Margin, net of acquisition cost, stood at 3.91% in Q1FY24.
  • Credit Cost at 36 bps in Q1FY24 as compared to 31 bps in Q1FY23 and 89 bps in Q4FY23.
  • PBT improved by 44% YoY and 30% QoQ to Rs 447 crore

Commenting on the performance Girish Kousgi, Managing Director & CEO said: “The first quarter of this financial year has kick-started on a positive note, as we have achieved growth across all key business and financial parameters. Owing to our ongoing efforts in the retail business, our Loan book crossed Rs 60,000 crore mark. We have also witnessed improvement in asset quality, resulting in higher profitability. This quarter the Company's annualized ROA is at 2.07%, the highest in a decade.

With the successful completion of the Rights Issue, we now possess adequate capital to fuel our growth. We are optimistic about the prevailing real estate demand, and with our focus on identified strategic objectives, we look forward to capitalizing on available market opportunities and accelerating our growth journey ahead.”



Result PDF

View Other Company Results


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

PNB Housing Finance Ltd Stocks COMPARISION


Equity Capital: 11,013.66 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 15,612.36 -19,132.24
LAST 3M 53,075.98 -4,241.70
LAST 6M 58,662.39 138,824.89
LAST 12M 133,944.68 162,473.45

PNB Housing Finance Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • PNB Housing Finance Limited (PNB Housing) is a registered housing finance company with National Housing Bank (NHB), incorporated under the Companies Act, 1956 and commenced its operations on November 11, 1988. It is promoted by Punjab National Bank (PNB), which holds 32.57% of share capital in the Company. The Company offer retail and corporate loans, including individual home loans, retail loan against property, retail non-resident property loan, construction finance and lease rental discounting among others. It operate the sales and distribution function through the wholly-owned subsidiary, PHFL Home Loans and Services Limited. The company has a robust network of branches spread across the country which help its customers avail financial services (loans and deposits) seamlessly. In 2003, PNB Housing Finance was notified under the SARFAESI Act. In 2006, the company crossed the Rs 1000 crore loan portfolio. In 2009, PNB Housing Finance`s promoter PNB sold 26% of its stake in the total issued, subscribed and paid-up share capital of the company to Destimoney Enterprises Private Limited (DEPL). In 2010, PNB Housing Finance launched the business process re-engineering project, "Kshitij". In 2012, DEPL increased its shareholding in the company to 49%, pursuant to the conversion of Compulsory Convertible Debentures (CCDs) issued in 2009. During the year, PNB Housing Finance brought down Gross and net NPAs lower than 0.5% of its asset portfolio. In 2013, PNB Housing Finance crossed Rs 1000 crore in retail deposits. In 2014, the company`s profit after tax crossed Rs 100 crore and assets under management crossed Rs 10000 crore. In 2015, the company implemented end-to-end Enterprise System Solution. During the year, DEPL was acquired by Quality Investment Holdings (QIH) of the Carlyle Group. In October 2016, PNB Housing Finance raised Rs 3000 crore from an initial public offer. Its equity shares were listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) with effect from 7 November 2016. In 2016, PNB Housing Finance`s assets under management crossed Rs 25000 crore. In 2017, PNB Housing Finance`s assets under management crossed Rs 50000 crore and deposits crossed Rs 10000 crore. During the year, PNB Housing Finance incorporated a subsidiary "PHFL Home Loans & Services Ltd". The Board of Directors of PNB Housing Finance at its meeting held on 3 May 2018 approved to raise funds by way of External Commercial Borrowings for not exceeding USD 1 billion in one or more trenches to augment its medium-term resources subject to all regulatory approvals. On 10 July 2018, PNB Housing Finance informed the stock exchanges that it has received a joint communication from its promoter Punjab National Bank (PNB) and its second largest shareholder viz. Quality Investment Holdings (The Carlyle Group) regarding the initiation of the process for the sale of minimum 51% stake in PNB Housing Finance Limited to the potential acquirers. During the financial year 2019, Rs. 30,858 crores was borrowed through bank term loans, National Housing Bank refinance, external commercial borrowings and public deposits. The National Housing Bank sanctioned Rs. 3,500 crores in the third quarter of fiscal 2018-19, which was fully drawn down during the fourth quarter. The total Assets Under Management (AUM) as at March 31, 2019 were Rs. 84,722 crores. During FY 2018-19, the Company has opened 18 new branches, out of which 4 branches were opened in the existing locations and 14 branches were opened at new locations. As on March 31, 2019, the Company has presence through 102 branches, 29 outreach locations, totalling to 131 distribution outlets. During the year 209, the Company has sourced loans worth Rs. 16,494 crores for PNB Housing. During the year 2020, the Company had opened 2 new branches. As on March 31, 2020, the Company has presence through 105 branches, 28 outreach locations, totalling to 133 distribution outlets. The assets under management (AUM) as at March 31, 2020 were Rs. 83,346 crores. During the year 200, the Company has sourced loans worth Rs. 11,326 crores for PNB Housing. It became the first HFC to sign a funding of US$75 million via External Commercial Borrowings (ECBs) from Japan International Corporation Agency (JICA). The Assets Under Management (AUM) as at March 31, 2021 were Rs. 74,469 crores. As on March 31, 2021, the Company has presence through 94 branches, 17 outreach locations, totalling to 111 distribution outlets. The Company also has 22 underwriting hubs for credit decision making. During the year 2022, the Company opened 24 new branches/ outreaches, majority in tier II and tier III cities to expand Unnati operations. As on March 31 2022, the Company has presence through 99 branches, 38 outreach locations, totaling to 137 distribution outlets. The Company also has 22 underwriting hubs for credit decision making. During the year, it started 24 new locations dedicated to Unnati. With emphasis on Unnati, the Company opened 3 more branches and 2 outreach centres in April 2022 resulting in a total of 29 dedicated Unnati locations by the end of April 2022. The Assets Under Management (AUM) as at March 31, 2022 were Rs. 65,977 crore. During the year, the Company has sourced 74% of loan applications resulting into 71% of total loans disbursed by PNB Housing. During the year 2023, the Company expanded its branch network to 189 branches/outreaches an increase from 137 branches/ outreaches as on March 31, 2022. The affordable loan segment presence was expanded to 82 branches/outreaches in more than 150 districts.

Registered Address

9th Floor Antrish Bhawan, 22 Kasthurba Gandhi Marg, New Delhi, New Delhi, 110001

Tel : 91-11-23445200
Email : investor.services:pnbhousing.com
Website : http://www.pnbhfl.com

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 540173
Book Closure Date (Month) :
BSE Group : A
ISIN : INE572E01012

FAQ’s on PNB Housing Finance Ltd Shares

You can buy PNB Housing Finance Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy PNB Housing Finance Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Oct 04, 2023 03:58 PM the closing price of PNB Housing Finance Ltd was ₹ 721.55.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Oct 04, 2023 03:58 PM, the market cap of PNB Housing Finance Ltd stood at ₹ 18,727.40.

The latest PE ratio of PNB Housing Finance Ltd as of Oct 04, 2023 03:58 PM is 16.19

The latest PB ratio of PNB Housing Finance Ltd as of Oct 04, 2023 03:58 PM is 0.72

The 52-week high of PNB Housing Finance Ltd is ₹ 782.40 while the 52-week low is ₹ 314.86

Download Our App

market app
market app