Retail disbursements reached an all-time high of INR 9,250 crore, registering a growth of 54% YoY and 59% sequentially.
FinTech BizNews Service
Mumbai, 28 October, 2026: The Board of Directors of PNB Housing Finance Limited today approved the Consolidated Audited Financial Results for the quarter and half year ended 30th September 2026.
Key Performance Metrics for Q2 & H1 FY27
Particulars | Q2 FY27 | Q1 FY27 | Growth (%) | Q2 FY26 | Growth (%) |
| H1 FY27 | H1 FY26 | Growth (%) |
Loan Assets | 95,079 | 89,670 | 6% | 79,771 | 19% | 95,079 | 79,771 | 19% | |
Disbursement | 9,609 | 6,029 | 59% | 5,995 | 60% | 15,638 | 10,975 | 42% | |
Net Interest Income | 878 | 803 | 9% | 765 | 15% | 1,681 | 1,525 | 10% | |
PAT | 617 | 557 | 11% | 582 | 6% | 1,174 | 1,115 | 5% | |
NIM | 3.67% | 3.50% | 17 bps | 3.67% | 0 bps | 3.58% | 3.70% | -12 bps | |
Opex to ATA | 1.03% | 0.99% | 4 bps | 1.02% | 1 bps | 1.02% | 1.02% | 0 bps | |
ROA | 2.53% | 2.37% | 15 bps | 2.73% | -20 bps | 2.44% | 2.65% | -21 bps | |
ROE | 12.33% | 11.44% | 89 bps | 13.14% | -81 bps | 11.89% | 12.77% | -88 bps | |
GNPA | 0.91% | 0.95% | -4 bps | 1.04% | -13 bps | 0.91% | 1.04% | -13 bps |
Performance Highlights Loan Portfolio
· Assets Under Management stood at INR 98,210 crore as on 30 September 2026, registering a growth of 17% YoY
· Loan Asset increased by 19% YoY to INR 95,079 crore as on 30 September 2026. Retail Loan Asset stood at INR 94,391 crore, reflecting the growth of 19% YoY
· Affordable and Emerging Markets segment grew by 45% and 22% YoY respectively, and together contributed 41% to the Retail Loan Asset.
Disbursements
· Total disbursements for Q2 FY27 stood at INR 9,609 crore, reflecting a growth of 60% YoY
· Retail disbursements reached an all-time high of INR 9,250 crore, registering a growth of 54% YoY
· Corporate disbursement for Q2 FY27 stood at INR 360 crore
Asset Quality
· Asset quality continued to strengthen, with Gross Non-Performing Assets (GNPA) improving to
0.91% as on 30 September 2026
· Recovered 75 crore during Q2 FY27 from total written off pool, resulting in credit cost of -19 basis points
Profitability
· Net profit for Q2 FY27 grew by 6% YoY to INR 617 crore
· Spread improved by 31 basis points QoQ to 2.43% in Q2 FY27
· Yield on loans increased by 26 basis points QoQ to 9.74% during the quarter
· Cost of borrowing improved by 5 basis points QoQ to 7.31% in Q2 FY27
· Net Interest Margin expanded by 17 basis points QoQ to 3.67% in Q2 FY27
· Opex to ATA stood at 1.03% in Q2 FY27.
· ROA for Q2 FY27 stood at 2.53% and ROE at 12.33%.
· The Company's distribution network comprised 404 branches across India as on 30 September 2026
· Capital Risk Adequacy Ratio remained strong at 27.03% as on 30 September 2026; with Tier I at
26.62%.
Commenting on the performance Mr. Ajai Shukla, Managing Director & CEO said:
“Q2 FY27 has been another encouraging quarter for PNB Housing Finance as we continued to deliver consistent growth across business parameters. Our focus on granular retail expansion, particularly in the Affordable and Emerging Markets segments, has enabled us to strengthen our market position while maintaining prudent risk discipline.
We recorded strong growth in loan assets and achieved our highest-ever retail disbursements, underscoring the strength of our franchise and customer proposition. At the same time, asset quality continued to improve, supported by strong collection performance and sustained recovery efforts.
Our profitability metrics strengthened during the quarter, driven by improved spreads, stable margins and efficient cost management. We remain committed to driving profitable growth while maintaining a high- quality portfolio and a strong balance sheet.
As we move into the second half of FY27, we remain confident in the long-term housing finance opportunity and will continue to focus on expanding our retail footprint, enhancing customer experience and delivering sustainable value to our stakeholders.”
