PNB Housing Finance Limited — Q1FY27 Earnings Call Summary

PNBHOUSING · Q1FY27 · Filed 07 Aug 2026

Key Takeaways

• Margin and yield expected to improve from H2 FY27; cost of borrowing bottomed out
• Q1 FY27 disbursements grew 18% Y-o-Y to INR 5,882 Cr; 56% growth on cheque handover basis
• Growth guidance maintained: 18-20% overall book, 50-60% Affordable segment growth for FY27
• Gross NPA stable at 0.95%; credit cost negative 12 bps due to recoveries of INR 67 Cr
• Multiple analyst queries on margin trajectory and Affordable segment growth; management confident on sustained improvement
• Loan book grew 15% Y-o-Y to INR 89,670 Cr; Affordable and Emerging markets grew 27% Y-o-Y, 41% of retail portfolio
• NIM moderated 19 bps Q-o-Q to 3.50%; spread stable at 2.12%; yield improved marginally to 9.48%
• PAT grew 4% Y-o-Y to INR 557 Cr; ROA 2.37%, ROE 11.44%
• Capital adequacy strong at 28.26%; Tier 1 at 27.87%
• Digital transformation progressing; 404 branches with 12 added in Q1

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.