PNB Housing Finance Ltd delivered robust financial results for Q4FY26, with net profit rising 19% year-on-year to ₹656 crore compared to ₹550 crore in the corresponding quarter of the previous fiscal. According to the latest regulatory filing, net profit for the full fiscal year FY26 increased 18% to ₹2,291 crore, up from ₹1,936 crore in FY25. Net interest income (NII) for Q4FY26 stood at ₹813 crore, marking a 10.8% increase from ₹734 crore in Q4FY25. Net interest margin for the quarter improved by 6 basis points to 3.69% compared to the previous quarter, demonstrating enhanced operational efficiency.
The company's assets under management (AUM) crossed ₹90,000 crore, reaching ₹90,921 crore as of FY26, reflecting a 13% year-on-year growth. As reported in the latest results, loan assets grew by 15.3% to ₹87,347 crore as of March 31, 2026, compared to ₹75,765 crore a year earlier. Retail loan assets grew 16% year-on-year to ₹86,946 crore as on March 31, 2026, accounting for 99.5% of the total loan asset base. Overall disbursements in Q4FY26 increased 36.5% year-on-year and 50% quarter-on-quarter to ₹9,355 crore, including ₹335 crore from re-entry into corporate lending. Retail disbursements reached an all-time high of ₹9,020 crore during the quarter. The company also resumed corporate lending after a gap of around four years, with ₹335 crore disbursed to builders.
According to the latest financial results, asset quality improved significantly, with gross NPA (GNPA) declining to 0.93% as on March 31, 2026, from 1.08% a year back, indicating a reduction of 15 basis points. Recoveries from the written-off pool of ₹332 crore in FY26 resulted in a negative credit cost of -0.45%. Return on assets improved by 10 basis points year-on-year to 2.66%, while return on equity rose by 54 basis points to 12.73%. The capital risk adequacy ratio stood at 27.26% as of March 31, 2026, with Tier I capital at 26.89%, maintaining strong capital adequacy.
The board recommended a dividend of ₹8 per equity share of face value ₹10 for FY26, subject to shareholder approval at the ensuing annual general meeting. The total number of branches stood at 393 as on March 31, 2026, with 37 additions during FY26. Full-year disbursements increased by 20.8% to ₹26,548 crore, demonstrating sustained business momentum. Shares of PNB Housing Finance Ltd ended at ₹905.80, down by ₹18.60, or 2.01% on the BSE on April 20. Commenting on the results, Ajai Shukla, Managing Director & CEO, highlighted the company's resilient and balanced growth, emphasizing the strategic restart of corporate lending and the focus on technology to enhance operational efficiencies and customer experience.
