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PNB Housing Finance Ltd

(PNBHOUSING)

₹983.151.69%

as on 04:01PM, 12 Nov 2024

🔔 Stake Sale Alert

Quality Investment Holdings likely to sell 9.43% stake in PNB Housing Finance at ₹939.3 per share, with Morgan Stanley managing the deal.

Overview
News
Financials
Q2 2024 Results
Technicals

PNB Housing Finance Ltd Analyst Rating

based on 10 analysts

BUY

80.00%

Buy

10.00%

Hold

10.00%

Sell

Based on 10 analysts offering long term price targets for PNB Housing Finance Ltd. An average target of ₹1188.7

Source: S&P Global Market Intelligence

PNB Housing Finance Ltd Share analysis

PNB Housing Finance Ltd price forecast by 10 analysts

Upside of22.95%

High

₹1520

Target

₹1188.70

Low

₹887

PNB Housing Finance Ltd target price ₹1188.7, a slight upside of 22.95% compared to current price of ₹983.15. According to 10 analysts rating.

Source: S&P Global Market Intelligence

PNB Housing Finance Ltd Performance

  • Day's Low

    Day's High

    ₹959.05
    ₹993.55
  • 52 Week's Low

    52 Week's High

    ₹604
    ₹1,202.2
1 Month Return-2.29 %
3 Month Return+ 15.64 %
1 Year Return+ 29.28 %
Previous Close₹966.85
Open₹969.95
Volume5.97L
Upper Circuit-
Lower Circuit-
Market Cap₹25,122.91Cr

PNB Housing Finance Ltd Key Statistics

P/E Ratio14.95
PEG Ratio1.59
Market Cap₹25,122.91 Cr
P/B Ratio1.09
EPS58.06
Dividend Yield0
SectorFinance
ROE11.8

PNB Housing Finance Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹25,122.91 Cr14.82%0.89₹1,508 Cr₹7,050 Cr
BUY₹11,166.97 Cr24.08%0.94NANA
SELL₹10,370.02 Cr-7.13%0.85₹1,214 Cr₹8,579 Cr
BUY₹9,470.65 Cr20.24%0.89NANA
BUY₹42,978.79 Cr83.84%0.91₹2,116 Cr₹7,828 Cr

About PNB Housing Finance Ltd

PNB Housing Finance Limited is one of the premier housing finance companies in India with operations that began in 1988. Promoted by Punjab National Bank, the company provides retail and corporate loans like home loans and construction finance. PNB Housing Finance was notified under the SARFAESI Act in 2003 and by 2009, the company had crossed the Rs 1000 crore loan portfolio. In 2010, the company launched the Kshitij business process reengineering project. In 2016, PNB Housing Finance raised Rs. 3000 crore from an initial public offer and the same year marked its Assets Under Management (AUM) crossing the Rs 25000 crore milestone. The AUM further crossed the Rs 50000 crore mark in 2017 and the same year saw the company incorporating a subsidiary named PHFL Home Loans and Services. The AUM crossed the Rs 84722 crore mark in 2019 and 32 branches and 131 distribution outlets situated in 48 cities helped customers avail financial services uninterruptedly. Till 2021, the AUM has reached Rs 74469 crores and the company has 94 branches along with 111 distribution outlets. The company has further ventured into the Unnati and increased its branch count to 99 with 137 distribution outlets and opened 24 locations for Unnati by March 2022. Besides, the company borrowed Rs 30858 crores from financing sources like National Housing Bank refinance, Bank Term Loans, etc in the financial year 2019. PNB Housing Finance also became the first HFC to sign a funding of US 75 million via ECBs from JICA in 2020.

Share Price: ₹983.15 per share as on 12 Nov, 2024 04:01 PM
Market Capitalisation: ₹25,122.91Cr as of today
Revenue: ₹1,879.66Cr as on September 2024 (Q3 24)
Net Profit: ₹469.68Cr as on September 2024 (Q3 24)
Listing date: 07 Nov, 2016
OrganisationPNB Housing Finance Ltd
HeadquartersGhaziabad
IndustryFinance
E-voting on sharesClick here to vote

Key events for PNB Housing Finance Ltd

  • Quality Investment to Sell Stake in PNB Housing Finance - 13 Nov, 2024

    Quality Investment Holdings PCC plans to sell a 9.43% stake in PNB Housing Finance at an offer price of Rs 939.3 per share. They held a 19.87% stake as of September 2024.

  • Quality Investment to Sell Stake in PNB Housing - 12 Nov, 2024

    Quality Investment Holdings PCC plans to sell a 9.43% stake in PNB Housing Finance at ₹939.3 per share, with Morgan Stanley managing the deal. The sale follows a strong quarterly profit report for PNB Housing Finance, despite some margin pressure.

  • Affordable Housing Demand-Supply Mismatch Highlighted - 07 Nov, 2024

    Girish Kousgi, MD and CEO of PNB Housing, emphasized the significant mismatch between demand and supply in affordable housing, noting that the current portfolio is only a fraction of the market's potential.

  • PNB Housing Finance Expands Loan Book and Stake Acquisitions - 29 Oct, 2024

    PNB Housing Finance is set to raise $125 million through external commercial borrowings. HDFC Standard Life acquired a 0.4% stake for Rs 90 crore, boosting shares. The company plans to grow its corporate loan book starting Q3 FY25, emphasizing affordable housing.

  • PNB Housing Finance Expects Margin Growth Ahead - 28 Oct, 2024

    PNB Housing Finance's CEO predicts net interest margins will improve after three quarters due to a favorable shift in the loan portfolio towards high-yield segments like affordable housing. Current NIM stands at 3.68%.

  • PNB Housing Finance Reports Strong Q2 Earnings - 25 Oct, 2024

    PNB Housing Finance's Q2 FY25 results reveal a 22.7% increase in net profit to ₹469.68 crore, driven by improved asset quality and retail disbursements. Shares surged nearly 11% following the announcement.

  • PNB Housing Finance Reports Strong Q2 Earnings - 24 Oct, 2024

    PNB Housing Finance reported a 22.7% increase in Q2 net profit to ₹470 crore, with total income at ₹1,780 crore. Retail disbursements grew 28%, and asset quality improved with GNPA at 1.24%. The company also noted a 24% rise in net profit for the first half of FY25, totaling ₹903 crore.

  • HDFC Securities Bullish on PNB Housing Finance - 19 Oct, 2024

    HDFC Securities recommends PNB Housing Finance as a Diwali stock pick, targeting ₹1,160. The company is expected to benefit from strong retail loan growth and improved asset quality, with significant financial growth projected through FY26.

Insights on PNB Housing Finance Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 432.81 Cr → 469.68 Cr (in ₹), with an average increase of 7.9% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, PNBHOUSING stock has moved up by 15.6%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, PNBHOUSING has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 1.75K Cr → 1.87K Cr (in ₹), with an average increase of 2.2% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 5.86% to 16.03% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 17.89% to 20.42% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 45.8% return, outperforming this stock by 16.5%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 43.04% to 29.29% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 28.13% to 28.11% in Sep 2024 quarter

PNB Housing Finance Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,779.40Cr (-)₹1,756.00Cr (↓1.32%)₹1,813.97Cr (↑3.30%)₹1,832.08Cr (↑1.00%)₹1,879.66Cr (↑2.60%)
Net Income₹383.00Cr (-)₹338.44Cr (↓11.63%)₹439.25Cr (↑29.79%)₹432.81Cr (↓1.47%)₹469.68Cr (↑8.52%)
Net Profit Margin21.52% (-)19.27% (↓10.46%)24.21% (↑25.64%)23.62% (↓2.44%)24.99% (↑5.80%)
Value in ₹ crore
Details2021202220232024
Total Assets₹71,332.52Cr (-)₹65,649.30Cr (↓7.97%)₹67,078.17Cr (↑2.18%)₹72,618.38Cr (↑8.26%)
Total Liabilities₹62,465.34Cr (-)₹55,848.76Cr (↓10.59%)₹56,125.60Cr (↑0.50%)₹57,686.01Cr (↑2.78%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹8,911.14Cr (-)₹6,565.56Cr (↓26.32%)₹6,216.35Cr (↓5.32%)-₹1,772.04Cr (↓128.51%)-₹4,644.14Cr (↑162.08%)

Index Inclusions

Nifty Smallcap 50

₹8,674.85

-1.54 (-136%)

S&P BSE 250 SmallCap

₹6,921.04

-1.39 (-97.86%)

S&P BSE 400 MidSmallCap

₹11,879.50

-1.15 (-138.04%)

Nifty Smallcap 250

₹17,196.40

-1.31 (-227.5%)

Nifty Small 100

₹17,991.60

-1.28 (-233.55%)

S&P BSE Fin. Ser

₹11,359.39

-1.44 (-165.64%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty MidSmallcap 400

₹19,401.45

-1.05 (-206.85%)

Nifty 500

₹22,331.05

-1.15 (-260.35%)

BSE 500

₹35,161.57

-1.18 (-418.81%)

BSE Small-Cap

₹53,604.48

-1.26 (-681.93%)

PNB Housing Finance Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
28.11%
-0.04
Foreign Institutions
20.42%
14.17
Mutual Funds
16.03%
173.82
Retail Investors
29.29%
-31.95
Others
6.14%
20.64

PNB Housing Finance Ltd Key Indicators

Details20202021202220232024
Return On Assets %0.821.31.271.562.08
Details20202021202220232024
Book Value Per Share (₹)393.7439.05484.77540.02576.56
Details20202021202220232024
Earning Per Share (₹)31.8145.7541.0751.2858.06
Details20202021202220232024
Return On Equity %8.8711.018.8110.1811.8

PNB Housing Finance Ltd Valuation

PNB Housing Finance Ltd in the last 5 years

  • Overview

  • Trends

Lowest (2.38x)

March 25, 2020

Today (14.95x)

November 11, 2024

Industry (26.55x)

November 11, 2024

Highest (33.92x)

May 2, 2018

LowHigh

PNB Housing Finance Ltd Earnings and Dividends

  • PNB Housing Finance Ltd Earnings Results

    PNB Housing Finance Ltd’s net profit jumped 22.63% since last year same period to ₹469.68Cr in the Q2 2024-2025. On a quarterly growth basis, PNB Housing Finance Ltd has generated 8.52% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • PNB Housing Finance Ltd Dividends May,2019

    In the quarter ending March 2019, PNB Housing Finance Ltd has declared dividend of ₹9 - translating a dividend yield of 0.92%.

    Read More about Dividends

PNB Housing Finance Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

PNB Housing Finance Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on PNB Housing Finance Ltd

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PNB Housing Finance Ltd (PNBHOUSING) share price today is ₹983.15

PNB Housing Finance Ltd is listed on NSE

PNB Housing Finance Ltd is listed on BSE

  • Today’s highest price of PNB Housing Finance Ltd is ₹993.55.
  • Today’s lowest price of PNB Housing Finance Ltd is ₹959.05.

PE Ratio of PNB Housing Finance Ltd is 14.95

PE ratio = PNB Housing Finance Ltd Market price per share / PNB Housing Finance Ltd Earnings per share

Today’s traded volume of PNB Housing Finance Ltd(PNBHOUSING) is 5.97L.

Today’s market capitalisation of PNB Housing Finance Ltd(PNBHOUSING) is ₹25122.91Cr.

PNB Housing Finance Ltd(PNBHOUSINGPrice
52 Week High
₹1202.2
52 Week Low
₹604

PNB Housing Finance Ltd(PNBHOUSING) share price is ₹983.15. It is down -18.22% from its 52 Week High price of ₹1202.2

PNB Housing Finance Ltd(PNBHOUSING) share price is ₹983.15. It is up 62.77% from its 52 Week Low price of ₹604

PNB Housing Finance Ltd(PNBHOUSINGReturns
1 Day Returns
16.3%
1 Month Returns
-2.29%
3 Month Returns
15.64%
1 Year Returns
29.28%