PNB Housing Finance has guided for 18-20% growth in its gross loan portfolio this fiscal year, significantly higher than the 15% growth recorded in FY26. According to reports from The Economic Times, the third-largest housing finance company in India expects to gain market share as its projected growth may surpass the industry average. The projection is well above the housing loan sector's average growth of 10.5% year-on-year as of December, positioning the company to outpace the broader market.
The lender plans to increase the share of affordable and emerging segments to 50% of its loan book over the next two years from the current 40%. As reported by The Economic Times, Managing Director Ajai Kumar Shukla stated that the company expects 18-20% loan growth this fiscal with much higher growth from the affordable and emerging market segments, while seeing a moderate 10% growth in the prime segment. These segments typically offer higher yields than the prime housing segment, supporting the company's profitability strategy.
PNB Housing Finance expects net interest margin at 3.55-3.65% in FY27, compared with 3.69% in the fourth quarter. According to The Economic Times, the company aims to reach a loan book of ₹1 lakh crore by FY27, supported by branch expansion over the past two years. The lender has 393 branches, having opened 37 in FY26 and 50 in FY25, with immediate focus on scaling up operations at new branches.
The company plans to recover about ₹200 crore from its written-off loan pool, which is expected to keep credit costs benign. As reported by The Economic Times, PNB Housing Finance recovered ₹120 crore from retail and ₹212 crore from corporate written-off accounts in FY26. The company's gross non-performing asset ratio stood at 0.93% at the end of March, indicating healthy asset quality management.
