PNB Housing Finance Limited has reported strong financial growth for the fiscal year ending March 31, 2026. The company achieved a 13% year-on-year growth in Assets Under Management, crossing the ₹90,000 crore milestone. Net profit for the year rose to ₹2,291 crore, marking an 18% increase. These results underscore the company’s resilient strategy, enhanced asset quality, and successful expansion in retail loan segments.
Financial Performance Highlights
For the quarter ending March 31, 2026, PNB Housing Finance posted a net profit of ₹656 crore, a 19% growth compared to the same period in the previous year. For the full fiscal year 2026, the company’s net profit reached ₹2,291 crore. This growth was driven by improved operating leverage and healthy disbursement momentum.
Loan Asset Growth and Asset Quality
The company’s Assets Under Management climbed to ₹90,921 crore by the end of FY2026. The retail segment remains a primary engine of growth, with Retail Loan Assets rising by 16% year-on-year to ₹86,946 crore, accounting for 99.5% of the total loan book. The affordable and emerging markets segment saw particularly strong traction, growing 28% year-on-year.
Asset quality showed significant improvement, with Gross NPA reducing to sub-1% levels, standing at 0.93% as of March 31, 2026. Strategic recoveries from the written-off pool contributed to a negative credit cost of -0.45% for the year.
Strategic Milestones and Future Outlook
Managing Director & CEO Mr. Ajai Shukla noted that the year was defined by resilient and balanced growth. A key strategic milestone included the disciplined re-entry into the corporate lending segment, which contributed ₹335 crore in disbursements during the final quarter. Furthermore, the company successfully facilitated over 5,000 subsidy benefits for customers under the Pradhan Mantri Awas Yojana (PMAY-U 2.0), reinforcing its commitment to affordable home ownership.
Shareholder Returns
Reflecting confidence in the company’s financial health, the Board of Directors has recommended a dividend of ₹8 per equity share for FY2026, subject to approval at the upcoming Annual General Meeting.
Source: BSE
