PNB Housing Finance Ltd

PNB Housing Finance announced a credit rating upgrade from India Ratings on its Non-Convertible Debentures (NCDs) and Bank Loans from 'IND AA+' to 'IND AAA' with a Stable Outlook. The rating rationale highlights the Company's proven track record across key business parameters, its consistent improvement in profitability and asset quality, along with granularization of the loan book, thereby reducing concentration risks. It also acknowledges Punjab National Bank's strategic stake in PNB Housing and its shared legacy, thus reinforcing confidence in the Company's long-term stability.Powered by Capital Market - Live

India Ratings and Research stated that the upgrade reflects the agency's expectation of PNB Housing Finance (PNBHF) receiving timely support in terms of liquidity and equity from Punjab National Bank (PNB), with PNB maintaining its stake in PNBHF and sharing the brand name. The rating also reflects PNBHF's position among India's top housing financiers, having seen multiple business cycles. Moreover, PNBHF has demonstrated consistent improvement in profitability and asset quality and has achieved granularisation of the loan book. It has raised funding at competitive rates and maintained adequate liquidity buffers. India Ratings expects the entity's credit cost to remain modest in the near to medium, given the tightened underwriting norms and retail & granular nature of its loan book. However, the performance of its affordable housing finance portfolio, which is at a nascent stage with high growth, remains a monitorable. PNBHF is a deposit-accepting housing finance company registered under NHB and the Companies Act, 1956. It provides housing loans to individuals for the purchase, construction, repair, and upgrade of houses. It also provides loans against property, loans for commercial property, and loans for purchase of residential plots, and real estate development loans. PNBHF has 356 branches/outreaches mainly located across metro, Tier I and Tier II cities across India. It had dedicated 198 branches for affordable business as on 30 September 2025. Powered by Capital Market - Live

PNB Housing Finance announced that India Ratings and Research has upgraded rating of company's non-convertible debentures (NCDs) and bank loans from 'IND AA+' to 'IND AAA' with stable outlook and rated additional NCDs.Powered by Capital Market - Live

Net profit of PNB Housing Finance rose 23.83% to Rs 581.59 crore in the quarter ended September 2025 as against Rs 469.68 crore during the previous quarter ended September 2024. Sales rose 13.26% to Rs 2127.86 crore in the quarter ended September 2025 as against Rs 1878.68 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales2127.861878.68 13 OPM %95.8892.41 - PBDT776.04618.58 25 PBT759.64604.73 26 NP581.59469.68 24 Powered by Capital Market - Live

PNB Housing Finance will hold a meeting of the Board of Directors of the Company on 27 October 2025.Powered by Capital Market - Live

PNB Housing Finance has allotted 30,000 Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures of the face value of Rs. 1,00,000 each, aggregating to Rs. 300 crore, through private placement, through EBP Platform of NSE. Powered by Capital Market - Live

The company will raise NCDs with or without green shoe option, on private placement basis, in one or more tranches. PNB Housing Finance is a deposit taking housing finance company registered with National Housing Bank (NHB). The company's asset base comprises primarily of retail home loans. The retail business focuses on organized mass housing segment financing for acquisition or construction of houses. In addition, it also provides loans against property and loans for purchase & construction of non-residential premises. In Q1 June 2025, PNB Housing Finance's net profit increased by 23% YoY and declined by 3% QoQ to Rs 534 crore. Net interest income grew by 17% YoY and 4% QoQ to Rs 760 crore during the quarter. Net interest margin stood at 3.74% in Q1FY26 as against 3.75% in Q4FY25 and 3.65% in Q1FY25.Powered by Capital Market - Live

The company will raise NCDs with or without green shoe option, on private placement basis, in one or more tranches. PNB Housing Finance is a deposit taking housing finance company registered with National Housing Bank (NHB). The company's asset base comprises primarily of retail home loans. The retail business focusses on organized mass housing segment financing for acquisition or construction of houses. In addition, it also provides loans against property and loans for purchase & construction of non-residential premises. In Q1 June 2025, PNB Housing Finance's net profit increased by 23% YoY and declined by 3% QoQ to Rs 534 crore. Net interest income grew by 17% YoY and 4% QoQ to Rs 760 crore during the quarter. Net interest margin stood at 3.74% in Q1FY26 as against 3.75% in Q4FY25 and 3.65% in Q1FY25. The scrip rose 1.21% to end at Rs 791.80 on the BSE.Powered by Capital Market - Live

PNB Housing Finance will hold a meeting of the Board of Directors of the Company on 5 September 2025.Powered by Capital Market - Live

PNB Housing Finance said its board will meet on Friday, 5 September 2025, to consider a proposal for raising funds by issuing Non-Convertible Debentures (NCDs) of up to Rs 5,000 crore. The fundraising may be carried out in tranches, with or without a green shoe option, through private placement. The proposal will be placed before the board for approval and necessary authorisations. PNB Housing Finance is a deposit taking housing finance company registered with National Housing Bank (NHB). The company's asset base comprises primarily of retail home loans. The retail business focusses on organized mass housing segment financing for acquisition or construction of houses. In addition, it also provides loans against property and loans for purchase & construction of non-residential premises. In Q1 June 2025, PNB Housing Finance's net profit increased by 23% YoY and declined by 3% QoQ to Rs 534 crore. Net interest income grew by 17% YoY and 4% QoQ to Rs 760 crore during the quarter. Net interest margin stood at 3.74% in Q1FY26 as against 3.75% in Q4FY25 and 3.65% in Q1FY25. Shares of PNB Housing Finance fell 1.67% to Rs 753.45 on 29 August 2025. Powered by Capital Market - Live