PNB Housing Finance Limited — PPTs, 21-01-2025: Investor Presentation

**Financial Highlights:** PNB Housing Finance reported a healthy growth in Q3 FY25, with retail disbursement rising 31% YoY to ₹5,380 crore. Retail loan assets climbed 17.5% YoY to ₹70,676 crore. The net interest margin (NIM) stood at 3.70%, slightly up from 3.68% in the previous quarter.

**Strategic Initiatives and Growth Drivers:** The company focuses on expanding its retail loan assets, particularly in the Emerging Markets and Affordable segments. The Affordable segment has shown remarkable growth, with disbursements surging 126.8% YoY and contributing 38% of total retail disbursements.

**Business Developments:** PNB Housing Finance maintains an extensive branch network with 305 locations, including 161 dedicated to the Affordable segment. The effective recovery strategy led to a total recovery of ₹181 crore from the written-off pool in the first nine months of FY25.

**Market Position and Competitive Advantage:** The firm's asset quality improved significantly, with gross NPA decreasing to 1.19% as of December 31, 2024, compared to 1.73% YoY. This positions the company favorably against competitors, highlighting its operational efficiency in managing non-performing loans.

**Investor Implications:** With the ongoing focus on the retail segment and strategic expansion in emerging markets, PNB Housing Finance presents a positive outlook for investors. The strong asset quality and recovery trends bolster confidence in the company’s growth trajectory.