PNB Housing Finance reported a 7.7% year-over-year increase in net profit, reaching ₹520 crore for Q3 FY26. Retail loan assets grew by 16% YoY, comprising 99.7% of the total loan assets. The Affordable and Emerging Markets segment saw a 31% YoY growth, contributing 39% to the retail loan asset. Gross NPA stood at 1.04% as of December 31, 2025.
Financial Performance Highlights
PNB Housing Finance announced a 7.7% year-over-year increase in net profit for Q3 FY26, amounting to ₹520 crore. However, the net profit declined by 10.5% compared to the previous quarter (QoQ). The company’s pre-provision operating profit increased by 8.4% YoY, reaching ₹628 crore.
Retail Loan Growth
The retail loan asset experienced substantial growth, increasing by 16% year-over-year to reach ₹81,931 crore as of December 31, 2025. This represents approximately 99.7% of the company’s total loan assets. The Affordable and Emerging Markets segment played a significant role in this growth, with a 31% YoY increase, contributing 39% to the retail loan asset.
Disbursement and Asset Quality
Disbursements during Q3 FY26 grew by 16% YoY and 4% QoQ, totaling ₹6,217 crore. Specifically, the Affordable and Emerging Markets segment saw a 11% YoY increase in disbursements, amounting to ₹2,935 crore. Gross NPA stood at 1.04% as of December 31, 2025, compared to 1.19% on December 31, 2024.
Key Financial Ratios
The company reported a Return on Asset (ROA) of 2.40% in Q3 FY26 (annualized) and 2.57% for the nine-month period (annualized). The Capital Risk Adequacy Ratio (CRAR) stood at 29.46% as of December 31, 2025, with Tier I at 28.92%.
Segment Performance
The Affordable Loan Asset grew by 86.0% YoY to ₹7,140 crore, the Emerging Markets Loan Asset grew by 20.3% YoY to ₹24,998 crore, and the Prime segment grew by 8.1% YoY to ₹49,793 crore, all as of December 31, 2025. The corporate loan book was significantly reduced to ₹272 crore. The Asset under Management (AUM) grew by 12.0% YoY to ₹86,048 crore.
Branch Network
The company operates a network of 358 branches as of December 31, 2025, with 198 branches dedicated to affordable business, 85 branches serving the Emerging Segment, and 75 branches focused on the Prime segment.
Source: BSE
