PNB Housing Finance Ltd

PNB Housing Finance Ltd announced that ICRA Limited has upgraded the ratings on its instruments, including long-term bank facilities amounting to Rs 10,000.00 crore and non-convertible debentures (NCDs) totaling Rs 500.00 crore, both to [ICRA]AAA (Stable) from [ICRA]AA+ (Stable), encompassing a total of Rs 10,500.00 crore; this upgrade follows prior rating actions by ICRA, including a rating of [ICRA]AA (Positive) for long-term bank facilities on August 22, 2023, and September 4, 2023, and several instances of [ICRA]AA+ (Stable) for long-term others instruments of Rs 10,000.00 each on November 27, 2025, November 28, 2024, March 28, 2024, May 10, 2024, and August 25, 2026, while no rating actions were taken by other agencies.

PNB Housing Finance Limited announced the allotment of 2,13,990 equity shares on August 20, 2026, following the exercise of options and Restricted Stock Units by eligible employees under the ESOP Scheme 2018, RSU Scheme 2020, and ESOP Scheme 2022. Consequently, the company's paid-up equity share capital increased to Rs 260,80,39,130, comprising 26,08,03,913 shares of Rs 10 each, and the company will apply for listing these shares on the National Stock Exchange of India Limited and BSE Limited.

PNB Housing Finance Ltd announced rating actions from India Ratings and Research, including an assignment of 'IND AAA' Stable rating to Additional Non-Convertible Debentures, alongside affirmations of existing ratings on various instruments; India Ratings affirmed Non-convertible debentures amounting to 15 and 44.55, Bank loan facilities totaling 115, and several other Non-convertible Debentures (INE572E07167, INE572E07183, INE572E07191, INE572E07209, INE572E07217, INE572E07225, INE572E07233, INE572E07258, INE572E07266, INE572E07274, INE572E07290, and 12 INE572E07308), all carrying an IND AAA Stable rating and verified for maturity dates ranging from August 20, 2026, to June 2031, while also withdrawing the Commercial Paper rating of IND A1+; the agency also affirmed ratings on additional Non-convertible Debentures and specified details for INE572E09320, INE572E09346, INE572E07167, INE572E07183, INE572E07191, INE572E07209, INE572E07258, INE572E07266, INE572E07274, and INE572E07290.

PNB Housing Finance Ltd share price softened by 0.10% to Rs 1149.0 after the company's net profit declined by 15.01% to Rs 557.34 crore, while revenue from operations improved marginally 3.75% to Rs 2263.44 crore in Q2FY26 over Q1FY26. The market capitalization of Housing Finance Company industry group stocks on BSE stood at Rs 2.68 lakh crore, easing 4.10%. It has eased by 2.20% over last one week and ticked higher by 0.99% in last one month while the market capitalization of PNB Housing Finance Ltd has slipped by 0.39% and 7.52% in the same period respectively. Profit before tax (PBT) of PNB Housing Finance Ltd stood at Rs 718.44 crore in Q2 FY26, gaining 4.44% year-on-year, and tumbling by 15.93% quarter-on-quarter. EBITDA came in at Rs 731 crore, rising 5.77% YoY and tanking 18.15% sequentially. Total expenses increased by 17.43% to Rs 1546.92 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 134.67 crore, expanding by 7.22% YoY. For the TTM ended FY26, revenue from operations improved 10.95% to Rs 8504.52 crore, while net profit rose by 18.34% to Rs 2291.24 crore, compared to previous TTM. EBITDA surged by 249869% to Rs 3036.05 crore, and PBT registered a growth of 19.50% to Rs 2970.61 crore compared to previous TTM. PNB Housing Finance Ltd soared by 46.16% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 4.36% during the same period.

PNB Housing Finance Ltd share price slipped 3.25% to Rs 1050.0 after the company's net profit dropped 15.01% to Rs 557.34 crore, while revenue from operations slightly gained 3.75% to Rs 2263.44 crore in Q2FY26 over Q1FY26. The market capitalization of Housing Finance Company industry group stocks on BSE stood at Rs 2.8 lakh crore, slipping 2.32%. It has eased by 1.54% over last one week and softened by 2.48% in last one month while the market capitalization of PNB Housing Finance Ltd has slipped by 1.81% and 1.45% in the same period respectively. Profit before tax (PBT) of PNB Housing Finance Ltd stood at Rs 718.44 crore in Q2 FY26, rising 4.44% year-on-year, and tumbling by 15.93% quarter-on-quarter. EBITDA came in at Rs 731 crore, easing 5.77% YoY and nosediving by 18.15% sequentially. Total expenses rose by 17.43% to Rs 1546.92 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 134.67 crore, rising by 7.22% YoY. For the TTM ended FY26, revenue from operations grew 10.95% to Rs 8504.52 crore, while net profit expanded by 18.34% to Rs 2291.24 crore, compared to previous TTM. EBITDA jumped by 249869% to Rs 3036.05 crore, and PBT rose 19.50% to Rs 2970.61 crore compared to previous TTM. PNB Housing Finance Ltd jumped 39.38% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.94% during the same period.

PNB Housing Finance Limited reported a net profit after tax of Rs 557.34 crore for the quarter ended June 30, 2026, with earnings per share of Rs 21.39. The company’s consolidated debt-equity ratio stands at 3.72, and its net profit margin is 24.60%. Key asset quality indicators include a gross non-performing assets ratio of 0.95% and a net non-performing assets ratio of 0.58%, with a provision coverage ratio of 39.43%. Disclosures detail the company’s participation in co-lending arrangements and adjustments to employee compensation in compliance with new Labour Codes. Additionally, 40,345 equity shares were allotted to employees through stock options. Certain regulatory ratios were deemed not applicable, and the financial results have been reviewed by statutory auditors.

PNB Housing Finance Limited announced that Ms. Valli Sekar has resigned from her position as Chief Business Officer (Affordable business), effective September 1, 2026, to pursue other opportunities, and that Mr. Satish Kumar Singh has been designated as the new Chief Business Officer – Affordable Business, effective August 3, 2026, assuming responsibility for both Sales and Collections in that business segment.

PNB Housing Finance will hold a meeting of the Board of Directors of the Company on 4 August 2026.

The board of PNB Housing Finance at its meeting held on 10 July 2026 has recommended the proposal for issuance of non-convertible debentures aggregating to Rs 10,000 crore on private placement basis, in one or more tranches.

PNB Housing Finance has fixed 31 July 2026 as record date for he purpose of determining the members eligible to receive dividend for the financial year 2025-26.