PNB Housing Finance’s investor presentation for the quarter ended December 31, 2025, reveals a 16% YoY growth in retail loan assets, reaching INR 81,931 crore. Affordable and emerging markets comprise 39% of the retail loan asset. Retail disbursement grew by 16% YoY, totaling INR 6,217 crore, with affordable and emerging markets contributing approximately 50%. Gross NPA stable at 1.04%.
Key Financial Highlights
As of December 31, 2025:
- Retail Loan Asset grew by 16% YoY, reaching INR 81,931 crore.
- Affordable and Emerging Markets segments constitute 39% of the Retail Loan Asset.
- Retail Disbursement increased by 16% YoY to INR 6,217 crore.
- Affordable and Emerging segments contributed around 50% of the retail disbursement.
- NIM for Q3 FY26 was 3.63%, compared to 3.67% in Q2 FY26.
- Yield was 9.72% in Q3 FY26, versus 9.95% in Q2 FY26.
- Cost of Borrowing improved to 7.50% in Q3 FY26.
- Recovered INR 49 crore in Q3 FY26 and INR 165 crore in 9M FY26 from written-off pool.
- Gross NPA stable at 1.04% as of Q3 FY26.
- ROA stood at 2.57% for 9M FY26.
Segment Performance
Disbursement (Q3 FY26):
- Affordable: INR 786 crore.
- Emerging Markets: INR 2,149 crore (25% increase YoY).
- Prime: INR 3,282 crore (20% increase YoY).
- Total: INR 6,217 crore (16% increase YoY).
Loan Asset (as of December 31, 2025): INR 81,931 crore.
Key Ratios
- AUM: INR 86,048 Crore (12% YoY).
- Loan Asset: INR 82,203 Crore (14% YoY).
- Deposit: INR 17,772 Crore.
- Net NPA: 0.68%.
- Spread: 2.22% (Q3 FY26).
- NIM: 3.63% (Q3 FY26).
- ROA: 2.40% (Q3 FY26).
- Capital Adequacy: 29.46%.
- Gearing Ratio: 3.63x.
- Book Value/Share: INR 710.
Strategic Objectives
- Grow Retail Loan Asset, especially in Emerging Markets.
- Grow Affordable Loan Asset particularly in Tier 2 and 3 cities.
- Maintain strong asset quality and a well-diversified borrowing mix.
- Enhance operational efficiencies and productivity through digitization.
- Improve RoA and RoE.
Source: BSE
