PNB Housing Finance reporting an increase in Net profit for Q4 FY26 by 19% YoY to INR 656 crore
FinTech BizNews Service
Mumbai, April 20, 2026: The Board of Directors of PNB Housing Finance Limited today approved the Consolidated Audited Financial Results for the quarter and financial year ended 31st March 2026
Key Performance Metrics for Q4 & FY26:
Particulars | Q4 FY26 | Q4 FY25 | Growth (%) |
| FY26 | FY25 | Growth (%) |
Loan Assets | 87,347 | 75,765 | 15.3% | 87,347 | 75,765 | 15.3% | |
Disbursement | 9,355 | 6,854 | 36.5% | 26,548 | 21,972 | 20.8% | |
Net Interest Income | 813 | 734 | 10.8% | 3,110 | 2,750 | 13.1% | |
PAT | 656 | 550 | 19.2% | 2,291 | 1,936 | 18.3% | |
NIM | 3.69% | 3.75% | -6 bps | 3.68% | 3.70% | -2 bps | |
Opex to ATA | 1.08% | 1.03% | 5 bps | 1.05% | 1.05% | 0 bps | |
ROA | 2.89% | 2.76% | 13 bps | 2.66% | 2.55% | 10 bps | |
ROE | 13.94% | 13.26% | 68 bps | 12.73% | 12.19% | 54 bps | |
GNPA | 0.93% | 1.08% | -15 bps | 0.93% | 1.08% | -15 bps |
Performance Highlights
Assets Under Management scaled beyond INR 90,000 crore milestone, reaching INR 90,921 crore as of FY26, reflecting a 13%YoY growth.
Retail Loan Asset grew by 16% YoY to INR 86,946 crore as on 31st March 2026, which is 99.5% of the Total Loan Asset.
Affordable and Emerging Markets segment grew by 28% YoY and contributes 40% to the Retail Loan Asset.
Q4 FY26 overall disbursements increased by 36% YoY and 50% QoQ to INR 9,355 crore, including INR 335 crore from the disciplined re-entry into the Corporate lending segment.
Retail disbursements clocked an all-time high of INR 9,020 crore in Q4 FY26.
Net profit for Q4 FY26 grew by 19% YoY to INR 656 crore whereas for FY26 Net Profit grew by 18% YoY to INR 2,291 crore, led by healthy improvement in operating leverage.
Spread during the quarter moderated by 10 bps sequentially to 2.12% on account of softening of yield by 25 bps to 9.47% due to lower incremental yield vs book yield.
Our Q4 FY26 cost of borrowing improved by 15 bps sequentially to 7.35%.
Net interest margin improved by 6 bps in Q4 FY26 to 3.69% compared to 3.63% during previous quarter.
Achieved significant milestone on asset quality with Gross NPA reduced to <1% levels at 0.93% as on 31st March 2026.
Recoveries from written-off pool of INR 332 crore in FY26 resulted in a negative credit cost of -0.45%.
ROA improved by 10 bps YoY to 2.66% and ROE improved by 54 bps YoY to 12.73%.
The total number of branches stands at 393 as on 31st March 2026, with 37 additions in FY26.
Capital Risk Adequacy Ratio stood at 27.26% as on 31st March 2026; Tier I at 26.89%.
The Board of Directors recommended a dividend of INR 8 per equity share having face value of INR 10/- for FY26, subject to the shareholder’s approval at the ensuing Annual General Meeting.
Commenting on the performance Mr. Ajai Shukla, Managing Director & CEO said: “FY 2025-26 marked a year of resilient and balanced growth for the Company, reflecting the strength of our strategy and focused approach. We delivered a healthy expansion in our retail loan portfolio along with sustaining robust asset quality and profitability. The continued focus on disciplined collections and portfolio management resulted in GNPA improving to sub-1% levels. Our Return on Asset improved during the year, supported by strong financial performance and prudent management practices.
The successful restart of our corporate lending business during the year represents a key strategic milestone and reinforces our confidence in calibrated, risk-aligned growth opportunities. Technology remained a critical enabler across the organisation, driving operational efficiencies and enabling a more seamless, transparent, and superior customer experience.
Aligned with our core purpose of enabling home ownership, we reached an important milestone during the year by facilitating over 5,000 subsidy benefits for our customers under the Pradhan Mantri Awas Yojana (PMAY-U 2.0). As we look ahead, we remain steadfast in our role as a responsible housing finance institution, committed to nation-building by enabling more home ownership dreams across geographies and income segments.”
