PNB Housing Finance

    PNBHOUSING
    NBFC
    ₹1178.90
    price as of 11/9/2026, 5:28:17 pm

    Market cap ₹30,746 Cr

    P/E
    13.30
    Day range
    ₹1,162.00 – ₹1,189.60
    52-week range
    ₹729.60 – ₹1,211.50
    Volume
    11.53 L
    Open
    ₹1,172.00
    Prev close
    ₹1,179.00

    Price history

    6M change +51.82%RSI (14) 59.0 NeutralSMA 20 · 50 overlaid

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Short build-up
    Near-month future
    ₹1,182.1
    Change
    -0.16%
    Basis over spot
    +₹3.20
    Futures OI (shares)
    99.8 L
    OI change
    +1.25%
    Put-call ratio
    0.47
    Max pain
    ₹1,180
    Resistance (call OI)
    ₹1,200
    Support (put OI)
    ₹1,160
    Lot size
    650

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    88096010001040108011201160120012401280136002.5 L5.0 L7.5 L10.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    13.3
    EPS (TTM)
    ₹88.66
    ROE (FY26)
    12.7%
    Dividend yield
    0.68%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +9.2%
    Profit 3Y CAGR
    +29.9%
    Revenue YoY (Jun 2026)
    +9.0%
    Profit YoY (Jun 2026)
    +4.3%
    Net margin
    24.6%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr600 Cr1.2K Cr1.8K Cr2.4K Cr
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • DII
    • Promoter
    • FII
    • Public
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-19.0KCr-9.5K Cr0 Cr9.5K Cr19.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY19FY20FY21FY22FY23FY24FY25FY260%5%10%15%20%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr20.0K Cr40.0K Cr60.0K Cr80.0K Cr0.0x3.0x6.0x9.0x12.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Revenue1,7781,7551,8101,8231,8791,9422,0222,0762,1282,1192,1822,263
    Interest1,0571,0871,0701,0971,1181,1581,1781,2341,2671,2531,2461,339
    Expenses2042161701681431551331458818352192
    Financing Profit517452570559618629711697773683883733
    Financing Margin %29%26%31%31%33%32%35%34%36%32%40%32%
    Other Income21491115632-102
    Depreciation111314131414141516161916
    Profit before tax507440560554605616711688760668855718
    Tax %24%23%22%22%22%22%23%22%23%22%23%22%
    Net Profit383338439433470483550534582520656557
    EPS in Rs₹14.75₹13.03₹16.91₹16.66₹18.08₹18.60₹21.17₹20.51₹22.33₹19.97₹25.17₹21.39
    Gross NPA %————1.2%1.2%—1.1%1.0%1.0%0.9%0.9%
    Net NPA %————0.8%0.8%—0.7%0.7%0.7%0.6%0.6%

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    PNB Housing Finance offers retail customers housing and non-housing loans, including individual home loans, loan against property, non-resident property loan, among others. It is promoted by Punjab National Bank. [1]

    Strengths

    • Company has delivered good profit growth of 19.7% CAGR over last 5 years

    Risks

    • Company has low interest coverage ratio.
    • The company has delivered a poor sales growth of 2.24% over past five years.
    • Company has a low return on equity of 12.2% over last 3 years.
    • Company might be capitalizing the interest cost

    Compounded Sales Growth

    10 Years
    —
    5 Years
    +2%
    3 Years
    +9%
    TTM
    +10%

    Compounded Profit Growth

    10 Years
    —
    5 Years
    +20%
    3 Years
    +30%
    TTM
    +14%

    Stock Price CAGR

    10 Years
    —
    5 Years
    +18%
    3 Years
    +21%
    1 Year
    +45%

    Return on Equity

    10 Years
    —
    5 Years
    +11%
    3 Years
    +12%
    Last Year
    +13%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter28.04%28.04%28.04%28.03%-0.01 pp
    FII18.61%17.22%16.60%16.81%+0.21 pp
    DII40.68%43.02%44.07%45.71%+1.64 pp
    Government0.01%0.02%0.02%0.02%0.00 pp
    Public12.65%11.69%11.28%9.42%-1.86 pp

    Filed with NSE for Jun 2026: promoters 28.03%, public 71.97% · XBRL filing

    Analysts & fund holdings

    92%
    92% recommend buy
    13 analysts cover the stock
    Valuation vs Thrifts & Mortgage Finance
    P/E13.3 vs 16.6
    Sector P/B2.14
    Beta1.06

    Who holds the shares, quarter by quarter

    Mutual funds 33.62% (+2.51 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters28.0%
    • Foreign institutions16.8%
    • Mutual funds33.6%
    • Insurance7.1%
    • Other domestic institutions5.0%
    • Retail6.3%
    • Others3.2%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Nippon India Small Cap Fund1.79%0.66%+0.04 pp
    ICICI Pru Focused Fund1.57%2.67%-0.01 pp
    Bandhan Small Cap Fund1.53%1.37%-0.29 pp
    HSBC Value Fund1.34%2.66%+0.17 pp
    Axis Small Cap Fund1.22%1.24%+0.18 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Low
    Profitability
    Avg
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹8.00

      Dividend - Rs 8 Per Share

      31 Jul 2026
      ex-date
    • dividend
      ₹5.00

      Dividend - Rs 5 Per Share

      1 Aug 2025
      ex-date
    • rights
      Not available — not reported in this filing

      Rights 29:54@ Premium Rs 265/-

      5 Apr 2023
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      26 Aug 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      28 Jul 2020
      ex-date
    • dividend
      ₹9.00

      Annual General Meeting/Dividend - Rs 9 Per Share

      19 Jul 2019
      ex-date
    • dividend
      ₹9.00

      Dividend Rs 9/- Per Share

      19 Jul 2018
      ex-date
    • dividend
      ₹6.00

      Annual General Meeting/ Dividend - Rs 6/- Per Share

      25 Jul 2017
      ex-date

    Company announcements

    Company Update
    Revised Outcome Of Board Meeting Held On September 7, 2026

    Revised Outcome of Board Meeting held on September 7, 2026. For details, refer enclosed file.

    Board Meeting
    Board Meeting Outcome for Outcome Of Board Meeting Held On September 07, 2026

    Outcome of Meeting of Board of Directors of the Company held on September 07, 2026. For details, refer attached intimation.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Analysts or Institutional investors meet - Outcome

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Analysts or Institutional investors meet - Outcome

    Company Update
    Announcement Under Regulation 30 (LODR) Regulations - Intimation Of ESG Rating

    Intimation of ESG Rating

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Fund Raising

    PNB Housing Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/09/2026 ,inter alia, to consider and approve fund raising by issuance ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Schedule of analysts or institutional investors meet - Prior Intimation

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    The Company has informed the exchange regarding changes in the Senior Management Personnel.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Schedule of analysts or institutional investors meet - Prior Intimation

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    Intimation of credit Rating Upgradation to ICRA AAA/ Stable from ICRA AA+/Stable by ICRA Limited

    Company Update
    Analyst / Investor Meet - Update

    Analysts or Institutional Investors Meet- Update

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Analysts or Institutional investors meet - Outcome

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    This is to inform that the Company has allotted 2,13,990 equity shares pursuant to exercise of ESOPs and RSUs

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    PNB Housing Finance Limited has informed Exchange regarding Credit Rating.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Schedule of analysts or institutional investors meet - Prior Intimation

    Filed with BSE (scrip 540173); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    • Rights issue - Letter of Offer

      PNB Housing Finance Limited - Letter of Offer

      31 Mar 2023
      Read on SEBI
    • Rights issue - DLOF

      PNB Housing Finance Limited - DLOF

      2 Dec 2022
      Read on SEBI
    • Open offer

      PNB HOUSING FINANCE LIMITED

      31 May 2021
      Read on SEBI

    Regulatory orders

    • Adjudication order

      Adjudication Order in respect of 9 entities in the matter of trading activities by certain entities in the scrip of PNB Housing Finance Ltd. [Corrigendum]

      27 Dec 2024
      Read on SEBI
    • Settlement order

      Settlement Order in respect of Shri Sidhant Chandalia in the matter of trading activities by certain entities in the scrip of PNB Housing Finance Limited

      13 Aug 2024
      Read on SEBI
    • Settlement order

      Settlement Order in respect of Shri Naysar Parikh and Shri Ronak Narendra Parikh in the matter of trading activities by certain entities in the scrip of PNB Housing Finance Limited

      13 Aug 2024
      Read on SEBI
    • Settlement order

      Settlement Order in respect of PNB Housing Finance Limited and 12 others in the matter of PNB Housing Finance Limited

      19 Jul 2022
      Read on SEBI

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.