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PNB Housing Finance Ltd (PNBHOUSING)

₹789.21.26%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 9 analysts

BUY

75.00%

Buy

0.00%

Hold

25.00%

Sell

Based on 9 analysts offering long term price targets for PNB Housing Finance Ltd. An average target of ₹929.78

Source: S&P Global Market Intelligence

PNB Housing Finance Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹785.2
    ₹811
  • 52 Week's Low

    52 Week's High

    ₹598.1
    ₹913.7
1 Month Return-7.57 %
3 Month Return+ 6.28 %
1 Year Return+ 26.47 %
Previous Close₹799.30
Open₹805.70
Volume8.75L
Upper Circuit-
Lower Circuit-
Market Cap₹20,760.08Cr

Key Statistics

P/E Ratio13.7
PEG Ratio1.95
Market Cap₹20,760.08 Cr
P/B Ratio0.79
EPS58.9087597284319

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Tata Equity P/E Fund Direct Plan GrowthTata Equity P/E Fund Direct Plan Growth2.42%
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.27%
Nippon India Value Fund - Direct Plan - Growth OptionNippon India Value Fund - Direct Plan - Growth Option1.17%
Canara Robeco ELSS Tax Saver Direct Plan Growth OptionCanara Robeco ELSS Tax Saver Direct Plan Growth Option0.93%
Tata Banking & Financial Services Fund Direct GrowthTata Banking & Financial Services Fund Direct Growth2.87%

Company Information

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: ₹789.20 per share as on 18 Jul, 2024 04:01 PM
Market Capitalisation: ₹20,760.08Cr as of today
Revenue: ₹0.00Cr as on March 2024 (Q1 24)
Net Profit: ₹439.25Cr as on March 2024 (Q1 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

  • PNB Housing Finance CEO Applauds Government's Commitment to Affordable Housing - 16 Jul, 2024

    Girish Kousgi, MD & CEO of PNB Housing Finance, has praised the government's continued commitment to affordable housing through initiatives like the Pradhan Mantri Awas Yojana. He expressed hope that the upcoming budget for FY25 will support the growth of housing finance companies.

  • PNB Housing Finance Ltd's Lower P/E Ratio Reflects Investor Skepticism - 05 Jul, 2024

    PNB Housing Finance Ltd has a lower P/E ratio due to declining earnings and slower predicted growth rate compared to the market. Analysts predict 16% annual earnings growth over three years, while the market predicts 22%. This has led to investor skepticism about the company's future earnings potential.

  • PNB to Remain Promoter of PNB Housing Finance - 28 Jun, 2024

    PNB will continue as a promoter of PNB Housing Finance even after the termination of Carlyle Group's preferential issue. The bank had previously expressed interest in exiting management of its housing finance arm.

  • IIFL Securities Assigns Buy Rating to PNB Housing Finance Shares - 26 Jun, 2024

    IIFL Securities has assigned a Buy rating to PNB Housing Finance shares with a 12-month target price of ₹1,050 per share, implying an upside potential of over 34%. The firm expects the company's loan book to grow at a CAGR of 19% over FY24-27, led by emerging and affordable segments. It also predicts PNB Housing Finance to deliver PPOP and PAT growth of 17% and 16% CAGR (FY24-27) and ROA and ROEs of 2.2% and 12.0% by FY27.

  • PNB Housing Finance Plans to Expand in Affordable and Emerging Segments - 24 Jun, 2024

    PNB Housing Finance plans to expand its offering in the affordable and emerging segments with Roshni, a solution designed for individuals seeking affordable home loans. The company expects these segments to contribute 40% of its incremental business, while expanding its branch network to meet evolving requirements.

  • Foreign Investors Sell Stake in PNB Housing Finance - 21 Jun, 2024

    General Atlantic and Asia Opportunities V (Mauritius) sold a 4.9% stake in PNB Housing Finance for Rs 1,004 crore through open market transactions. BNP Paribas and Morgan Stanley acquired shares of the public sector firm.

  • Foreign Investors Sell Stake in PNB Housing Finance - 20 Jun, 2024

    Asia Opportunities V and General Atlantic Singapore Fund FII Pte looked to sell about 5.4 million shares each of PNB Housing Finance at an 8% discount to the previous close. The company reported a YoY increase in consolidated net profit to Rs 439 crore in Q4 FY24. Analysts at JM Financial shared a buy call on PNB Housing with a target price of Rs 970 per share.

  • Foreign Investors to Sell Stake in PNB Housing Finance - 19 Jun, 2024

    Asia Opportunities V (Mauritius) Ltd. and General Atlantic Singapore Fund FII Pte are set to sell a combined 4.2% stake in PNB Housing Finance Ltd., amounting to approximately 10.8 million shares, for Rs 830 crore via block deal.

  • PNB Housing Finance Board Approves Fundraising Plan - 18 Jun, 2024

    PNB Housing Finance has received approval from its board to raise Rs 10,000 crore through non-convertible debentures on a private placement basis to fund its business growth. The mortgage firm aims to grow its loan book by 17% with focus on the affordable segment.

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

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 24.70% to 25.01% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.75K Cr → 1.81K Cr (in ₹), with an average increase of 3.2% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 338.44 Cr → 439.25 Cr (in ₹), with an average increase of 23.0% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 39.31% to 39.99% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 48.7% return, outperforming this stock by 22.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 28.13% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 105.8% return, outperforming this stock by 91.9%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, PNBHOUSING stock has moved down by -7.6%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 4.26% to 3.37% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
-
-
Net Income
₹439.25Cr
↑29.79%
Net Profit Margin
-
-
2023Y/Y Change
Revenue
₹6,527.33Cr
↑5.35%
Net Income
₹1,046.00Cr
↑25.05%
Net Profit Margin
16.02%
↑18.67%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹66,804.96Cr
↑1.76%
Total Liabilities
₹55,852.39Cr
↑0.01%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹1,772.04Cr
↓128.51%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
28.13%
0.00
Foreign Institutions
25.01%
0.00
Mutual Funds
3.37%
0.00
Retail Investors
39.99%
0.00
Others
3.51%
0.00

Key Indicators

PNB Housing Finance Ltd Valuation

PNB Housing Finance Ltd in the last 5 years

  • Overview

  • Trends

Lowest (2.38x)

March 25, 2020

Today (13.70x)

July 16, 2024

Industry (31.43x)

July 16, 2024

Highest (33.92x)

May 2, 2018

LowHigh

Earnings and Dividends

  • PNB Housing Finance Ltd Earnings Results

    PNB Housing Finance Ltd’s net profit jumped 57.28% since last year same period to ₹439.25Cr in the Q4 2023-2024. On a quarterly growth basis, PNB Housing Finance Ltd has generated 29.79% 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 1.13%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

Frequently Asked Questions

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PNB Housing Finance Ltd (PNBHOUSING) share price today is ₹789.2

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 ₹811.
  • Today’s lowest price of PNB Housing Finance Ltd is ₹785.2.

PE Ratio of PNB Housing Finance Ltd is 13.7

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 8.75L.

Today’s market capitalisation of PNB Housing Finance Ltd(PNBHOUSING) is ₹20760.08Cr.

PNB Housing Finance Ltd(PNBHOUSINGPrice
52 Week High
₹913.7
52 Week Low
₹598.1

PNB Housing Finance Ltd(PNBHOUSING) share price is ₹789.2. It is down -13.63% from its 52 Week High price of ₹913.7

PNB Housing Finance Ltd(PNBHOUSING) share price is ₹789.2. It is up 31.95% from its 52 Week Low price of ₹598.1

PNB Housing Finance Ltd(PNBHOUSINGReturns
1 Day Returns
-10.1%
1 Month Returns
-7.57%
3 Month Returns
6.28%
1 Year Returns
26.47%