PNB Housing Finance Q4 profit surges 19% to Rs 656 crore with strong retail growth

PNB Housing Finance reported a 19% rise in fourth quarter net profit at Rs 656 crore as compared with Rs 500 crore in the year ago period, backed by improvement in operating leverage.

Its annual net profit for FY26 stood at 2291 crore over Rs 1936 crore in the preceding fiscal reflecting a 18% growth.

The board of the company proposed a final dividend Rs 8 per share having face value of Rs 10 a piece for the fiscal ended March 31.


Its net interest margin for the quarter however dipped a bit to 3.69% against 3.75% in the year ago period while the gross non-performing assets ratio improved to 0.93% from 1.08% a year back.

The mortgage lender's assets under management expanded 13% year-on-year to Rs 90,921 crore. Its retail loan asset grew 16% to Rs 86,946 crore while the company resumed corporate lending after a gap of around four years.

The company said that the affordable and emerging Markets segment grew by 28% year-on-year and contributed 40% to the retail loan assets.

Its retail disbursements clocked an all-time high of Rs 9,020 crore in the quarter under review while it disbursed Rs 335 crore to builders marking a re‑entry into the corporate lending segment.