PNB Housing Finance Limited — Investor Meet, 07-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

PNB Housing Finance reported Q1 FY27 PAT of INR 557 Cr (+4% YoY). The loan book grew 15% YoY to INR 89,670 Cr, with retail up 16% YoY. Affordable & Emerging segments comprise 41% of the retail portfolio, growing 27% YoY, targeting 45% by FY27 end. Gross NPA is strong at 0.95%. Spreads held steady at 2.12%.

Management noted Q1 disbursements were impacted by a recognition change, but underlying growth was 56% YoY, expecting Q2 to be significantly stronger. Margins and yields have reportedly bottomed out, with improvement anticipated from H2 FY27 via portfolio mix. The company targets a ~2.4% ROA for FY27. Management expresses confidence in growth and asset quality.