PNB Housing Finance Reports Steady Jan-Mar; FY2026 Profit Rises 18%

PNB Housing Finance Limited reported a steady performance in the fourth quarter, with profit rising 19% year-on-year to ₹6.6 billion, while 2025-2026 profit increased 18% to ₹22.9 billion.

Net interest income for 2025-2026 grew 13% to ₹31.1 billion, supported by healthy loan growth and improved operating leverage. Loan assets rose 15% year-on-year to ₹873.5 billion.

Disbursements remained strong, rising 36% year-on-year in the fourth quarter to ₹93.6 billion. Retail disbursements hit an all-time high of ₹90.2 billion during the quarter.

Assets under management crossed the ₹900.0 billion mark, reaching ₹909.2 billion in 2025-2026, up 13% year-on-year. Retail loans continued to dominate, growing 16% to ₹869.5 billion and accounting for nearly the entire loan book.

Asset quality improved further, with gross NPA declining to 0.93% as of March 31. Recoveries from written-off accounts led to a negative credit cost of 0.45% for the year.

Profitability remained stable, with return on assets at 2.66% and return on equity at 12.73% in 2025-2026. Net interest margin stood at 3.68% for the year.

The company maintained a strong capital position, with capital adequacy ratio at 27.26%, including Tier-I capital of 26.89%.
The board recommended a dividend of ₹8 per share for 2025-2026, subject to shareholder approval.

Management said the year reflected balanced growth, driven by expansion in the retail loan portfolio, disciplined credit management, and improved operational efficiency, while the restart of corporate lending marked a key strategic step for future growth.