PNB Housing Finance's Q1 FY 2026-27 Quarterly Results

Result Summary

• PNB Housing Finance Ltd reported a 4.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 8.8%.
• Its expenses for the quarter were up by 5.5% QoQ and 8.7% YoY.
• The net profit decreased 15.0% QoQ and increased 4.5% YoY.
• The earnings per share (EPS) of PNB Housing Finance Ltd stood at 21.33 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

PNB Housing Finance Ltd is a prominent player in the Indian financial services sector, primarily engaged in providing home loans and housing finance solutions. As a subsidiary of Punjab National Bank, it offers a range of financial products and services, including individual housing loans, non-residential premises loans, and loans against property. The company operates in the housing finance industry, which plays a critical role in supporting the real estate sector in India. Recent developments in the company include efforts to expand its digital offerings and improve customer service through technological advancements. However, specific details about recent major developments are not available in the provided data.

Revenue

The financial performance of PNB Housing Finance Ltd for Q1FY27, as indicated by the total income, stood at ₹2265.36 crores. This represents an increase from ₹2171.91 crores in Q4FY26 and ₹2081.87 crores in Q1FY26. The quarter-over-quarter (QoQ) growth in total income is 4.3%, while the year-over-year (YoY) growth is 8.8%. These figures highlight a consistent upward trend in revenue generation over the respective periods. The increase in total income over both the previous quarter and the same quarter last year may reflect the company's efforts in expanding its business operations and improving its market position within the housing finance sector.

Profitability

The profitability metrics for PNB Housing Finance Ltd in Q1FY27 reveal a profit before tax of ₹718.44 crores, down from ₹854.61 crores in Q4FY26, yet up from ₹687.92 crores in Q1FY26. This indicates a QoQ decline of 15.9% but a YoY increase of 4.4%. The tax expense for the quarter was ₹161.10 crores, a decrease from both the previous quarter and the corresponding quarter of the previous year. Consequently, the profit after tax (PAT) amounted to ₹557.34 crores, showing a decrease of 15.0% QoQ and an increase of 4.5% YoY. Earnings per share (EPS) for the quarter stood at ₹21.33, which is a reduction from ₹25.11 in the previous quarter but an improvement from ₹20.45 in the same quarter last year. These metrics illustrate the variations in profitability over the quarters and the company's capacity to manage operational costs and tax liabilities.

Operating Metrics

The total expenses for PNB Housing Finance Ltd in Q1FY27 were reported at ₹1576.06 crores. This marks an increase of 5.5% QoQ from ₹1493.52 crores in Q4FY26 and 8.7% YoY from ₹1450.17 crores in Q1FY26. The rise in total expenses aligns with the increase in total income, suggesting operational scalability. Key financial metrics such as the profit before tax and earnings per share have shown a decline on a quarterly basis, despite an increase on a yearly basis. These operational metrics highlight the company's cost management strategies and their impact on the overall financial performance. The fluctuations in these figures provide insight into operational efficiency and the financial dynamics of the housing finance business model employed by PNB Housing Finance Ltd.