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PNB Housing Finance Ltd.

PNBHOUSINGFinancial Services filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

30 transcript(s)/analyst meet(s) served; 1 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 30 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT201905142018-03-31yes
TRANSCRIPT201908052018-06-30yes
TRANSCRIPT201910262018-09-30yes
TRANSCRIPT201901282018-12-31yes
TRANSCRIPT202001282019-03-31yes
TRANSCRIPT202006182019-03-31yes
TRANSCRIPT202011012019-09-30yes
TRANSCRIPT202101302019-12-31yes
TRANSCRIPT202104302020-03-31yes
TRANSCRIPT202108092020-06-30yes
TRANSCRIPT202111032020-09-30yes
TRANSCRIPT202201272020-12-31yes
COVER_LETTER202204282022-03-31no
TRANSCRIPT202205032022-03-31yes
TRANSCRIPT202208022022-06-30yes
TRANSCRIPT202211012022-09-30yes
TRANSCRIPT202301312022-12-31yes
TRANSCRIPT202305232023-03-31yes
TRANSCRIPT202307272023-06-30yes
TRANSCRIPT202310302023-09-30yes
TRANSCRIPT202401302023-12-31yes
TRANSCRIPT202405012024-03-31yes
TRANSCRIPT202407292024-06-30yes
TRANSCRIPT202410282024-09-30yes
TRANSCRIPT202501242024-12-31yes
TRANSCRIPT202505022025-03-31yes
TRANSCRIPT202507312025-06-30yes
TRANSCRIPT202510302025-09-30yes
TRANSCRIPT202601272025-12-31yes
TRANSCRIPT202608072026-06-30yes

PNBHOUSING

files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisionnbfc
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close1,094.50
52-week range750.75 – 1185.0
Return 1M-7.4%
Return 3M4.76%
Return 1Y22.99%
Return 3Y65.86%
Return 5Y66.82%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations2,263.00
Other income2.00
Total income2,265.00
Cost of materials consumed0.00
Purchases of stock-in-trade0.00
Changes in inventories0.00
Employee benefit expense135.00
Finance costs1,339.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.28-0.00
institutions foreign0.170.00
institutions domestic0.460.02
mutual funds0.340.03
public0.720.00

Documents on file

ClassMost recentOn file
COVER_LETTER2022-03-311
TRANSCRIPT2026-06-3029

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations1,684.001,797.001,636.001,708.001,778.001,755.001,810.001,823.001,879.001,942.002,022.002,076.002,128.002,119.002,182.002,263.00
Other income-1.000.002.000.002.001.004.009.001.001.0015.006.003.002.00-10.002.00
Total income1,683.001,797.001,638.001,708.001,779.001,756.001,814.001,832.001,880.001,943.002,037.002,082.002,131.002,121.002,172.002,265.00
Cost of materials consumed0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Employee benefit expense68.0058.0078.0081.0085.0081.0091.00109.00109.0098.00105.00118.00109.00134.00126.00135.00
Finance costs964.00996.001,008.001,048.001,057.001,087.001,070.001,097.001,118.001,158.001,178.001,234.001,267.001,253.001,246.001,339.00
Depreciation and amortisation13.0013.0013.0013.0011.0013.0014.0013.0014.0014.0014.0015.0016.0016.0019.0016.00
Other expenses54.00105.0047.0056.0071.0072.0071.0067.0076.0090.0088.0080.0091.0086.0099.0083.00
Total expenses1,343.001,430.001,295.001,261.001,272.001,316.001,254.001,278.001,275.001,327.001,326.001,394.001,371.001,452.001,317.001,547.00
Profit before exceptional items and tax340.00367.00342.00447.00507.00440.00560.00554.00605.00616.00711.00688.00760.00668.00855.00718.00
Exceptional items0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax340.00367.00342.00447.00507.00440.00560.00554.00605.00616.00711.00688.00760.00668.00855.00718.00
Current tax85.00-17.00-19.00108.0067.00114.00134.00146.00125.00131.00168.00132.00148.00144.00157.00154.00
Deferred tax-7.00115.0082.00-8.0057.00-12.00-14.00-24.0010.001.00-8.0022.0030.004.0042.007.00
Tax expense78.0098.0063.0099.00124.00102.00121.00121.00135.00132.00161.00154.00178.00148.00199.00161.00
Profit for the period263.00269.00279.00347.00383.00338.00439.00433.00470.00483.00550.00534.00582.00520.00656.00557.00
Profit attributable to owners———0.00———0.00————0.000.00——
Profit attributable to non-controlling interests———0.00———0.00————0.000.00——
Other comprehensive income51.00-4.0020.00-15.007.00-5.00-3.00-17.00-4.00-7.00-42.0087.009.001.0049.007.00
Total comprehensive income314.00265.00299.00332.00390.00333.00437.00416.00466.00476.00509.00620.00591.00522.00705.00564.00
Earnings per share, basic15.5715.9516.5213.640.0013.0416.9116.6618.0818.6021.1820.5222.3419.9725.1721.39
Earnings per share, diluted15.5515.9416.5113.630.0013.0016.8616.6118.0218.5321.1020.4522.2919.9325.1121.33
Interest earned1,598.001,714.001,589.001,667.001,703.001,680.001,693.001,739.001,780.001,848.001,906.001,980.002,017.002,019.002,054.002,138.00
Fees and commission income72.0066.0035.0032.0060.0074.00108.0075.0092.0088.00109.0082.0096.0095.00122.00122.00
Net gain on fair value changes6.0017.0011.009.0015.002.009.009.007.005.006.0014.0014.005.006.003.00
Dividend income0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Rental income0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00

Annual results, as filed

Line2020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations8,482.007,604.006,196.006,527.007,050.007,665.008,505.00
Other income8.0020.005.002.007.0026.001.00
Total income8,490.007,624.006,201.006,530.007,057.007,692.008,505.00
Cost of materials consumed0.000.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.00
Employee benefit expense233.00211.00217.00266.00337.00421.00487.00
Finance costs5,875.005,100.004,064.003,899.004,261.004,551.005,000.00
Depreciation and amortisation66.0059.0053.0051.0051.0056.0066.00
Other expenses244.00173.00195.00250.00270.00322.00356.00
Total expenses7,679.006,417.005,117.005,169.005,103.005,206.005,534.00
Profit before exceptional items and tax811.001,207.001,084.001,361.001,954.002,486.002,971.00
Exceptional items0.000.000.000.000.000.000.00
Profit before tax811.001,207.001,084.001,361.001,954.002,486.002,971.00
Current tax389.00413.00249.0088.00423.00570.00581.00
Deferred tax-224.00-136.00-2.00227.0023.00-20.0098.00
Tax expense165.00277.00247.00315.00446.00550.00679.00
Profit for the period646.00930.00836.001,046.001,508.001,936.002,291.00
Profit attributable to owners—0.000.00————
Profit attributable to non-controlling interests—0.000.00————
Other comprehensive income-55.00-21.0097.0077.00-16.00-70.00147.00
Total comprehensive income591.00909.00934.001,123.001,492.001,866.002,438.00
Earnings per share, basic38.4555.2949.6462.0158.3774.5288.01
Earnings per share, diluted38.4155.2649.5361.9558.2074.2587.80
Interest earned7,688.007,190.005,822.006,199.006,742.007,274.008,071.00
Fees and commission income299.00181.00263.00283.00273.00364.00394.00
Net gain on fair value changes159.00162.00111.0034.0035.0027.0039.00
Dividend income0.000.000.000.000.000.000.00
Rental income0.000.000.000.000.000.000.00

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets64,465.0066,874.0070,313.0072,405.0075,178.0082,520.0085,756.0093,512.00
Property, plant and equipment68.00132.0065.0067.0070.0082.00223.00241.00
Capital work-in-progress0.000.000.005.007.005.003.001.00
Goodwill0.000.000.000.000.000.000.000.00
Other intangible assets16.0014.0014.0017.0016.0024.0026.0032.00
Inventories0.000.000.000.000.000.000.000.00
Cash and cash equivalents3,246.003,678.003,921.002,142.002,064.002,160.001,331.002,483.00
Total equity and liabilities64,465.0066,874.0070,313.0072,405.0075,178.0082,520.0085,756.0093,512.00
Equity10,438.0011,014.0014,210.0014,974.0015,868.0016,863.0017,971.0019,219.00
Equity share capital169.00169.00260.00260.00260.00260.00261.00261.00
Other equity10,270.0010,845.0013,950.0014,715.0015,608.0016,603.0017,710.0018,959.00
Total liabilities54,027.00————65,657.0067,786.0074,293.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities-351.00-1,865.00-1,152.00-4,662.00-2,746.00-8,057.00-3,871.00-8,984.00
Net cash from investing activities28.00176.00-967.00-1,186.00562.00757.00271.00684.00
Net cash from financing activities-1,496.00301.002,265.004,179.001,930.007,404.002,868.008,720.00
Purchase of property, plant and equipment7.0013.0011.0039.0022.0049.0016.0033.00
Net increase in cash-1,820.00-1,388.00146.00-1,669.00-254.00104.00-732.00421.00
con:CFO.BEFORE_TAX1,270.002,419.00546.00-123.00-1,064.00-3,185.00-1,791.00-3,326.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING1,405.003,980.001,532.004,181.001,555.004,478.001,827.005,090.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING216.00304.00166.00358.00127.00394.00253.00568.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED-35.000.00953.000.000.000.000.000.00
con:INVESTMENTS_SOLD0.000.000.000.000.000.000.000.00
con:PPE_DISPOSALS0.000.000.000.000.000.001.001.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-05-052023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group28.1528.1528.1428.1328.1328.1328.1128.1128.100.280.280.280.280.28
Domestic institutions6.287.607.737.866.8810.9522.1826.8629.870.380.410.430.440.46
Mutual funds—————————0.270.290.300.310.34
Insurance companies0.690.731.180.770.691.863.465.366.680.080.080.080.080.07
Foreign institutions25.8224.7824.8124.7025.0117.8920.4224.3421.440.240.190.170.170.17
Government—————————0.000.000.000.000.00
Public71.8571.8571.8671.8771.8771.8771.8971.8971.900.720.720.720.720.72
Non-institutional39.7539.4739.3239.3139.9943.0429.2920.6920.580.100.130.120.110.09
Shares outstanding259543696259543696259579562259681178259723886259728281259842851259855159259925043260133915260508563260508563260549578260589923

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Punjab National BankPromoter/Enterprise having SignifiAny other transaction73,097,900,000.0016
PNB Gilts LtdEnterprises having significant infAny other transaction16,409,300,000.004
PHFL Home Loan & Services LimitedWholly owned subsidiaryAny other transaction1,119,400,000.004
Tripura Gramin BankEnterprises having significant infAny other transaction1,096,500,000.002
PNB Metlife India Insurance Co LtdEnterprises having significant infAny other transaction798,300,000.005
Assam Gramin Vikash BankEnterprises having significant infAny other transaction410,300,000.005
Mr. Girish KousgiKey Managerial PersonnelAny other transaction27,500,000.002
Pehel FoundationWholly owned subsidiaryAny other transaction18,900,000.002
Ms. Veena G KamathKey Managerial PersonnelAny other transaction12,300,000.004
Mr. Vinay GuptaKey Managerial PersonnelAny other transaction8,900,000.002
Ms. Veena KamathKey Managerial PersonnelAny other transaction4,100,000.002
Mr. Sanjay JainKey Managerial PersonnelAny other transaction2,000,000.001
Mr. Tejendra Mohan BhasinKey Management PersonnelAny other transaction1,300,000.001
Mr. Tejendra Mohan Bhasin & Ms. Anjali BhasinKey Management PersonnelAny other transaction1,200,000.001
Mr. Neeraj Madan VyasKey Management PersonnelAny other transaction1,200,000.001

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-08-07Q1FY27Read the call
2026-01-27Q3FY26LIMITEDRead the call
2025-10-30Q2FY26HOUSING FINANCE LIMITED, PNB HOUSING FINANCE LIMITEDRead the call
2025-07-31Q1FY26HOUSING FINANCE LIMITEDRead the call
2025-05-02Q4FY25CHIEF EXECUTIVE OFFICERRead the call
2025-01-24Q3FY25EXECUTIVE OFFICERRead the call
2024-10-28Q2FY25(PRIME & EMERGING BUSINESS), AFFORDABLE BUSINESS, AND TREASURY), OFFICERRead the call
2024-07-29Q1FY25(PRIME & EMERGING BUSINESS), AFFORDABLE BUSINESS, OFFICERRead the call
2024-05-01Q4FY24MS. DEEPIKA GUPTA PADHIRead the call
2024-01-30Q3FY24Read the call
2023-10-30Q2FY24Read the call
2023-07-27Q1FY24Read the call
2023-05-23Q4FY23Read the call
2023-01-31Q3FY23Read the call
2022-11-01Q2FY23Mr. Girish Kousgi, Mr. Neeraj Manchanda, Mr. Vinay GuptaRead the call
2022-08-02Q1FY23Read the call
2022-05-03Q4FY22Read the call
2022-01-27Read the call
2021-11-03H1FY21Read the call
2021-08-09Q1FY21Read the call
2021-04-30FYFY20Read the call
2021-01-30Read the call
2020-11-01H1FY20Read the call
2020-06-18FYFY19Read the call
2020-01-28FYFY19Read the call
2019-10-26H1FY19Read the call
2019-08-05Q1FY19Read the call
2019-05-14FYFY18Read the call
2019-01-28Q3FY19Read the call

Some earlier announcements under this heading are covering letters only — no transcript was attached.

What they said about it, quarter by quarter

TopicQ3FY23Q3FY24Q3FY25Q3FY26Q4FY22Q4FY23Q4FY24Q4FY25
Capital allocation————In the market, we are known to be extremely good, not only in acquisition, but also in underwriting of the self-employed and other books.———
Costs————————
Debt and cash————But rest assured, in all those assets, wherever we're working, we have got good cash flows underlying, good security and resolution is also on the car…So, the future cash flows get adjusted so there is marginal impact on the securitization also.——
Demand——If you look at the mortgage industry, I think demand is very good.—We are not aware of any such practices within the market and since you asked you are informing us we are clearly saying we do not subscribe to any kin…——So, with the rate going down demand will further go up.
GuidanceJust a follow up question on the margins, the guidance was more around the margins of 3.2%, but finding it a little difficult to understand that until…However, for the coming year, the guidance on book growth is at 17%.Yes, we expect this to move bucket back this quarter.And as already said, and I reiterated that we'll continue the guidance which has already been given in the market.And for how many quarters do we expect this to continue -- is there any kind of indication you could provide when this could stabilize?Can you guide in terms of what kind of NPA will be comfortable and how will we achieve that in the next two to four quarters?In terms of guidance, the margin would be around 3.5%, ROA will be more than 2.1%, credit cost for FY’25 is expected to be around 30 bps. I will now h…I think looking at a short to medium term view, I think very clearly, we have a handle on our yield and margins and we expect that end of this financi…
MarginBut, seeing margin expansion in this quarter as well in a rising rate environment, something very, very counterintuitive.But you were still confident of keeping them at around 275 basis points, give or take, and net interest margin 375 to 4. bps But you are running much …I mean, I see the revenue mix improving or margin mix improving.So, we get better margin in self-employment.——The reason why we are doing is that on the super Prime and on Prime, so definitely given the competition and given that we are not a bank, we are an H…Because of these reasons our cost would go down, because of mix change yields would go up, because of corporate restart, it will on the yield and marg…
PeopleI think we have seen for last many decades in this industry, a) self- employed as a profile compared to salaried is highly delinquent; b), also the bo…—Last quarter, we announced the hiring of Mr. Rana coming from ICICI Bank to restart the corporate vertical.—I think we also have not faced significant challenges in attracting talent over a period of time so we have done in fact significant amount of hiring …That is because we used to have a lot of stress in terms of customer attrition.So, all of these things will ensure any drop in the yield because book attrition especially is on the Prime.—
PricingAnd therefore, let's say we focus on 30-40 lakh ticket size, which is basically from salaried, this is a segment where we see that this segment is not…And second, we also had an impact in quarter three, because for us Chennai floods had a bit of an impact and to a certain extent on pricing, what you …—But just that competition is there, you know, there will not be much impact on the pricing because the range wherein we are operating is already very …All the problems that we have in terms of our NPA, in terms of pricing, in terms of our very deliberate decisions on bringing down the book to certain…—If I may, like, what is stopping us, given that we are pretty, I would say, levered at a lower end of the spectrum, is the market opportunity not out …And sir, with respect to the pricing, now I think many of the previous participants asked on this and my question is slightly different from the yield…
Revenue growthAnd I had mentioned last quarter that we are looking at a book growth of about close to 10% especially on the retail.So, quarterly book growth was about INR 1,000 crores.——In Q4 FY22, we have disbursed Rs.3,698 crores, registering a growth of 31% on a quarter-on-quarter basis.So, the loan on the book is going to be for a longer time and that could be beneficial in terms of customer retention and growth of the book.We are looking at book growth of 17% in retail segment FY’25 onwards with higher focus on Affordable and Emerging segment.And so lastly, if I recall correctly during your opening remarks you guided for a retail loan growth of 18% year-over-year and ROA of 2.5% to 2.6% in …

What they said they would do

Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.

DateQuarterWhoWhat they said
2022-11-01Q2FY23Mr. Girish KousgiOne year from now or maybe five quarters from now, we should be able to see growth in book of over 15%.