PNB Housing Finance Limited — Credit Ratings, 28-05-2025: Credit Rating- Others

CRISIL has reaffirmed PNB Housing Finance Limited’s long-term debt at ‘CRISIL AA+/Stable’ and short-term instruments at ‘CRISIL A1+’. This reflects the company’s strong capital base with a net worth of Rs 16,863 Cr, a healthy capital adequacy ratio of 29.4%, and stable leverage at 3.7x. With an AUM of Rs 80,397 Cr, improving earnings, stable asset quality, and diversified funding, the credit profile remains robust. Liquidity is strong, supported by Rs 6,549 Cr in cash and undrawn credit lines. The stable outlook signals sustained investor confidence and supports favorable borrowing costs going forward.