PNB Housing (Punjab national bank) ,Finance has recently announced impressive financial results, showcasing a remarkable 42.79% increase in its net consolidated profit for the quarter ending December 31, 2025. The company’s profit after tax (PAT) reached Rs 4.83 billion in Q3 FY25, a significant rise from Rs 3.38 billion during the same quarter of the previous fiscal year. This financial performance is backed by a solid increase in net consolidated total income, which grew by 10.66%, climbing to Rs 19.43 billion from Rs 17.56 billion recorded in Q3 FY24. The positive trend in the affordable housing segment is particularly noteworthy, as highlighted by Girish Kousgi , Managing Director & CEO of NB Housing Finance. He noted that the affordable segment has shown robust growth, with disbursements soaring by 127% year-on-year, totaling Rs 9.2 billion during this quarter. Additionally, the company’s asset quality has improved, with the Gross Non-Performing Assets (NPA) ratio standing at a low 1.19% as of December 31, 2024. These results indicate the company’s commitment to enhancing its services in the housing finance market, particularly in affordable housing, which is crucial for meeting the growing demand for housing finance in India.
Robust Growth in Retail Disbursements
PNB Housing Finance has demonstrated robust growth in retail disbursements, which surged by 31% year-on-year, reaching Rs 53.8 billion. A significant portion of this growth, approximately 38%, was driven by contributions from affordable and emerging markets. This trend highlights the company’s strategic focus on catering to the affordable housing segment, which has become increasingly vital in today’s market. The substantial rise in disbursements is a testament to the strong demand for housing finance solutions among consumers looking for affordable options. Furthermore, the company’s ability to maintain a competitive edge amidst challenges in the market reflects its effective strategy and operational efficiency. The sustained increase in retail disbursements not only enhances the company’s profitability but also strengthens its position as a leader in the housing finance sector.
Improved Asset Quality and Financial Health
In addition to the impressive growth in profits and disbursements, PNB Housing Finance has made significant strides in improving its asset quality. The Gross NPA has declined by 54 basis points to an impressive 1.19%, down from 1.73% last year. This reduction in NPAs indicates the company’s effective risk management strategies and commitment to maintaining high standards of credit quality. Net NPA stood at 0.80%, further showcasing the financial health and stability of the organization. The cost of borrowing remains competitive at 7.83%, with a loan yield of 10.12% and a spread of 2.29%. Additionally, the company’s loan assets grew by 15.4% year-on-year, while the Assets Under Management (AUM) rose by 12.1%. The successful receipt of Rs 50 billion in refinance sanction from the National Housing Bank (NHB) and an external commercial borrowing (ECB) sanction of USD 100 million during the quarter further strengthens the company’s capital base. With a net worth of Rs 163.49 billion and a debt-equity ratio of 3.66, NB Housing Finance is well-positioned for continued growth and success in the competitive housing finance landscape.
Conclusion
PNB Housing Finance’s impressive financial results reflect its strategic focus on affordable housing and commitment to asset quality improvement. The company is on a solid growth trajectory, reinforcing its status as a key player in the housing finance sector.
- Net consolidated profit increased by 42.79% in Q3 FY25.
- Retail disbursements grew by 31% year-on-year.
- Gross NPA improved to 1.19%, indicating effective risk management.
- Received Rs 50 billion in refinance from NHB.
- Loan assets grew by 15.4% year-on-year.
- Strong focus on affordable housing drives financial success.
