PNB Housing Finance's Q4 FY 2025-26 Quarterly Results

Result Summary

• PNB Housing Finance Ltd reported a 2.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 6.6%.
• Its expenses for the quarter were up by 0.1% QoQ and 7.4% YoY.
• The net profit increased 26.0% QoQ and increased 19.2% YoY.
• The earnings per share (EPS) of PNB Housing Finance Ltd stood at 25.11 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

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 leading housing finance company in India that primarily offers housing loans to individuals and corporate bodies for construction, purchase, repair, and upgradation of houses. Established under the Companies Act, 1956, PNB Housing Finance is a subsidiary of Punjab National Bank, one of India's largest public sector banks. The company operates within the financial services industry, focusing on housing finance as a core service. PNB Housing Finance has established a significant presence across India with its network of branches and offices, effectively catering to the needs of both urban and rural clients. The company’s business model capitalizes on the growing demand for housing finance amid urbanization and the rise in residential real estate development. Recent developments in the industry, such as government initiatives to boost affordable housing, have been relevant to PNB Housing Finance's operations.

Revenue

In Q4FY26, PNB Housing Finance Ltd reported a total income of ₹2171.91 crores, marking a growth of 2.4% when compared to the preceding quarter Q3FY26, where the total income stood at ₹2120.66 crores. Year-over-year (YoY) comparison with Q4FY25, where the total income was ₹2036.78 crores, reveals an increase of 6.6%. This growth trend in revenue highlights the company's ability to expand its income streams over both the short and long term. The consistent increase in total income over the quarters suggests a stable upward trajectory in revenue generation.

Profitability

PNB Housing Finance Ltd's profitability metrics for Q4FY26 demonstrate a significant upward trend. The company reported a Profit Before Tax (PBT) of ₹854.61 crores, which is a 27.9% increase from ₹668.44 crores in Q3FY26. Year-over-year, the PBT increased by 20.2% from Q4FY25's figure of ₹711.21 crores. The Profit After Tax (PAT) for Q4FY26 was ₹655.80 crores, showing a quarter-over-quarter increase of 26.0% from Q3FY26's ₹520.35 crores, and a year-over-year increase of 19.2% from ₹550.38 crores in Q4FY25. The company's Earnings Per Share (EPS) also rose to ₹25.11, up by 26.0% from Q3FY26's ₹19.93 and by 19.0% from ₹21.10 in Q4FY25. These figures reflect the company's ability to enhance its profitability margins effectively over time.

Operating Metrics

The total expenses for PNB Housing Finance Ltd in Q4FY26 were reported at ₹1493.52 crores, showing a marginal increase of 0.1% from the previous quarter, Q3FY26, where expenses were ₹1492.75 crores. On a year-over-year basis, total expenses increased by 7.4%, up from ₹1390.40 crores in Q4FY25. The tax expense for Q4FY26 stood at ₹198.81 crores, which represents a quarter-over-quarter increase of 34.2% from ₹148.09 crores in Q3FY26, and a year-over-year increase of 23.6% from ₹160.83 crores in Q4FY25. These metrics indicate a controlled approach towards expense management, with significant increases in profitability despite the rise in expenses and tax liabilities.