IP
IndiaPulse

PNBHOUSING

Small Cap

PNB Housing Finance Limited

Financial Services

PNB Housing Finance Limited operates in Housing Finance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹987
+16.90 · +1.74%
Quote09 Jun, 10:02 am
Fundamentals08 Jun 2026 · screener
Score08 Jun, 11:00 pm · v4.2-nightly
Tags02 May 2026
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Weak fundamentals, management trust needs verification, price trend is neutral, and recent execution is consistent.

Suggested next step
Research, do not rush
The four lenses are not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
WATCHLIST
42

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Mixed Trust
55

low confidence · 1/4 claims checked

Technical
Neutral
59

Timing lens: price trend and sector relative strength.

Result consistency
consistent
87

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Average · 45/100

Rev +8% YoY · PAT +19% YoY · operating leverage

Filed 20 Apr 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹2,182 Cr+7.9%+3.0%
EBITDANDFNDFNDF
Operating marginNDFNDFNDF
PAT₹656 Cr+19.3%+26.1%
PAT margin30.1%+286 bps+552 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business and thesis

Issuer evidence available

PNB Housing Finance Limited operates in Housing Finance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Management claims from the latest issuer document are tracked in the accountability section below.

Management accountability

What management said, and what results must prove

Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.

Jan 2026
Extracted source claims
market share expansionnot yet verifiablequantified

The company expects to add 40 to 50 new branches annually to deepen its presence in Tier 2 and Tier 3 cities, aligned with long-term growth ambitions.

Timeframe: annually (long-term)Direction: positiveConfidence: expect

"we expect to add 40 to 50 new branches annually"

operational efficiencynot yet verifiablequantified

PNB Housing Finance will continue to maintain its opex to ATA guidance, keeping it range-bound between 1% to 1.1%.

Timeframe: future (ongoing guidance)Direction: maintainConfidence: continue to maintain

"We continue to maintain our opex to ATA guidance of being range-bound between 1% to 1.1%"

revenue outlookpartially deliveredquantified

PNB Housing Finance will continue its guidance of retail loan book growth in the range of 17% to 18%, with a higher focus on Emerging Markets and Affordable segments.

Timeframe: future (ongoing guidance)Direction: positiveConfidence: will continue the guidance

"we will continue the guidance of retail book growth in the range of 17% to 18%"

Outcome check: Revenue YoY averaged 7.9% across 1 later quarter(s).

demand outlooknot yet verifiable

Affordable segment disbursement is expected to revert back to its growth trajectory in Q4 FY26, after recalibration in challenging geographies.

Timeframe: Q4 FY26Direction: positiveConfidence: expect

"we expect affordable disbursement to revert back to growth trajectory of Q4 FY26"

Technical timing lens

Trend score and candlestick chart

59Neutral

SMA20 +26.1% / mo

Stock trend: 59
Sector RS:

Technical chart

PNBHOUSINGweekly · 1Y-6.3%
Latest close ₹989.00 on 2026-06-09
Bar
+1.1%
RSI
53
MACD hist
-11.93
52W pos
64%
Hover for OHLC, volume, and indicators. Use range buttons above the chart to zoom.
₹709₹821₹933₹1.0k₹1.2k52H52L2025-062025-092025-122026-03Vol2025-062025-092025-122026-032026-06
Up bar
Down bar
Volume
Result date
SMA 50
RSI(14)

Technical trend read

Mixed signals

Signals are conflicting — long-term trend unclear. RSI 53. Wait for confirmation.

  • SMA20 rising (~20.7% over last month) — short-term momentum positive.
  • RSI(14) at 53 — falling, no extreme reading.
  • MACD below signal, histogram expanding negatively — bearish momentum building.
  • 13% off 52W high · 36% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Deep research

Valuation, score drivers, trust methodology, financials, and peers

Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.

42U-SCORE
Deep Value

Fundamental score breakdown

WATCHLIST
Valuation23/30
Growth15/25
Quality1/20
Balance Sheet0/15
Cash Flow2/10
Piotroski
3/9 (+1)
Penalties
0
Raw sum
42

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

42/100 · WATCHLIST

Positive drivers

  • Fair-value margin of safety is positive at 66.0%.
  • Valuation contributes 23/30 to the score.
  • Growth contributes 15/25 to the score.

Main drags

  • Altman Z is 0.6, in distress territory.
  • Balance sheet is weaker at 0/15; verify the latest quarterly trend.
  • Quality is weaker at 1/20; verify the latest quarterly trend.
Sector valuation model

NBFC valuation: P/B, ROA, borrowing cost, and asset quality

Lenders can look optically cheap before credit losses emerge, so valuation is tied to book quality.

NBFC P/B
Primary lens
P/B adjusted for ROA/ROE and leverage quality.
Secondary checks
AUM growth, spreads, credit cost, liquidity and ALM risk.
Main risk check
Fast growth with weak asset quality deserves a discount.
PE
11.0
PB
1.3
EV/EBITDA
1461.7
ROE
12.7%
ROCE
9.4%
FCF Yield
Debt/Equity
3.7
MoS
+66.0%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 08 Jun 2026
v4.2-nightly
Final score
42
Previous: 43 (-1)
Verdict
WATCHLIST
Previous: WATCHLIST
Margin of safety
+66.0%
Previous: +66.8%

Score history

12 stored score snapshots. Latest stored move: +1 points.

08 Jun 2026
v4.2-nightly
41
40
42
42
42
42
42
42
42
42
42
43

Factor attribution

Valuation
23-1
was 24
Trust Score
55Mixed Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Mixed Trust: Management has 100% delivered/partly-delivered outcomes on 1 checked claims. It ranks around the 15th percentile of the scored universe and 29th percentile within Financial Services. Main check: balance sheet trust is weak at 22/100.

Mixed Trust Lite: Promoter pledge is zero. Key concern: Operating cash flow is negative at ₹-8984 Cr.

Computed 08 Jun 2026
management-trust-v1
191 docs indexed · 89 concall links
Score band
Mixed Trust

Usable, but needs evidence. Treat guidance with a margin of safety.

Relative rank
15th percentile

overall median 67 · Financial Services: 29th pctile, median 62 · Small: 17th pctile, median 65

Evidence depth
Financial-only

191 documents indexed, but claim history is not strong enough yet.

Claim delivery
100% delivered or partly delivered

1/4 claims checked · No contradicted claim yet

How to read this Trust Score

Mixed Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
78
strong · holding, pledge, alignment
Cash flow
40
weak · profit to cash conversion
Balance sheet
22
weak · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
87
strong · quarterly consistency

Trust positives

  • Promoter pledge is zero.
  • 4/4 latest quarters had positive YoY revenue growth.
  • 4/4 latest quarters had positive YoY PAT growth.
  • Latest 3 quarters had positive YoY PAT growth.

Trust risks

  • Operating cash flow is negative at ₹-8984 Cr.
  • Debt/equity is 3.70.
  • Altman Z is 0.56.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Intrinsic value

Graham Number
₹1,208.41
+18.3% MoS
DCF Fair PE
33.0
DCF Fair Value
₹2,902.02
+66.0% MoS
PEG
0.46

Fundamentals

Valuation

P/E
11.00
P/B
1.31
EV/EBITDA
1461.68
Market Cap
25272.00Cr

Profitability

ROE
12.70%
ROCE
9.40%
ROA
2.45%
Dividend Y
0.52%

Growth (CAGR)

Revenue 5Y
2.00%
EPS 5Y
20.00%
Revenue 3Y
9.00%
EPS 3Y
30.00%

Balance Sheet

Debt/Equity
3.70
Interest Coverage
Altman Z
0.56
Book Value
738.00

Cash Flow

FCF Yield
FCF Positive Y
3/5
OCF
-8984.00 Cr
EPS TTM
87.94

Shareholding

Promoter Hold
28.04%
Promoter Pledge
0.00%
Momentum 52W
58%

Financial History

Updated 9/6/2026

Revenue

₹ Cr
Latest: 6,146-5.3% vs prev
08514Mar 2026: 8,514Mar 2025: 7,661Mar 2024: 7,024Mar 2023: 6,492Mar 2022: 6,146FY26FY25FY24FY23FY22

Net Profit

₹ Cr
No data

Return on Equity

%
No data
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.