Pnb Housing Finance Limited · NSE:PNBHOUSING
Pnb Housing Finance — Q1 FY27 Earnings Presentation
47 slides from Pnb Housing Finance's earnings presentation, Aug 4, 2026
Slide 1: Cover letter to stock exchanges
PNBHFL/SE/EQ/FY2026-27/50 August 04, 2026 BSE Limited National Stock Exchange of India Limited Listing Department, Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza Dalal Street, Bandra Kurla Complex, Mumbai – 400001 Bandra (E), Mumbai – 400051 Scrip Code: 540173 Symbol: PNBHOUSING Dear S
Slide 2: Investor Presentation Quarter Ended June 2026
Investor Presentation Quarter Ended June 2026 04-August-2026 Public
Slide 3: Table of Content
Table of Content 1 Key Performance Highlights 2 Business Update 3 Segment Update – Affordable 4 Segment Update – Emerging Markets 5 Segment Update – Prime 6 Asset Quality 7 Technology Update 8 Financial Performance 9 Ownership & Governance 10 ESG Update & Awards Public
Slide 4: Q1 FY27 Executive Summary
Q1 FY27 Executive Summary Business Metrics & Expansion • Disbursements grew 56% YoY on a cheque handover basis. Following shift to cheque realization-based recognition effective Q1 FY27, reported disbursements grew 18% YoY • Retail Loan book grew by 16% YoY to INR 89,178 crore; while overall Loan Bo
Slide 5: Key Performance Highlights – Q1 FY27 (YoY | QoQ)
Key Performance Highlights – Q1 FY27 (YoY | QoQ) Disbursement AUM / Loan Book GNPA / NNPA YoY : 18% | QoQ : -37% YoY : 13% / 15% | QoQ : 2% / 3% YoY : -11bps / -11 bps | QoQ : 2 bps / 1 bps (INR Crore) After one time impact of change (INR Crore) in disbursement recognition AUM Loan Book GNPA NNPA 9,
Slide 6: ROA Tree
ROA Tree Particulars Q1 FY27 Q4 FY26 QoQ Q1 FY26 YoY Yield 9.48% 9.47% 1 bps 9.99% -51 bps CoB 7.36% 7.35% 1 bps 7.76% -40 bps Spread 2.12% 2.12% - 2.23% -11 bps NIMs 3.50% 3.62%* 3.69% -19 bps 3.74% -24 bps GIMs 3.92% 4.07% -15 bps 4.06% -14 bps Opex to ATA 0.99% 1.08% -9 bps 1.02% -3 bps PPOP to A
Slide 7: Overall Business Update
Overall Business Update Public 6 6
Slide 8: Strategic Objectives
Strategic Objectives High Yielding Portfolio Growth • Focus on high yielding Affordable and Emerging Markets segment to improve Yield and NIM • Reinitiate corporate lending with disciplined risk management, capping exposure at under ~10% of the total loan portfolio • New Initiatives and growth oppor
Slide 9: High Yielding Portfolio Growth
High Yielding Portfolio Growth Unlocking New Growth Levers to Scale the High-Yielding Portfolio Expanded Shift towards Affordable Business Launch of Launch of Micro high yielding from select Prime & Emerging Housing Finance segment Emerging Branches Developer Finance for Higher Yields (INR Crore) 1,
Slide 10: Loan Asset Mix and Disbursement
Loan Asset Mix (INR Crore) Segment Mix Retail Product Mix Retail Profile Mix 77,732 87,347 89,670 1.0% 0.5% 0.5% 28.7% 32.4% 33.2% 39.1% 41.0% 41.4% Loan Asset 99.0% 99.5% 99.5% 71.3% 67.6% 66.8% 60.9% 59.0% 58.6% 30-Jun-25 31-Mar-26 30-Jun-26 30-Jun-25 31-Mar-26 30-Jun-26 30-Jun-25 31-Mar-26 30-Jun
Slide 11: Wide Retail Distribution Network
Wide Retail Distribution Network OUR OFFICE NETWORK Loan Asset – Geographical Breakup # Branches 32% 33% 404 35% 35% 355 49 33% 32% 30-Jun-25 30-Jun-26 Disbursement - Geographical Break-up 37% 43% 30-Jun-25 30-Jun-26 37% 32% 26% 25% 30-Jun-25 30-Jun-26 North South West Top 5 State share in the Retai
Slide 12: Retail Business Update
Retail Business Update Change Change Loan Asset (INR crore) Q1 FY27 Q4 FY26 Q1 FY26 (QoQ) (YoY) • Delivered 16% YoY Retail loan book Affordable 8,556 8,153 5,744 5% 49% growth; sustained momentum Emerging Markets 27,676 26,820 22,701 3% 22% Prime 52,780 51,953 48,478 2% 9% • Affordable and Emerging
Slide 13: Segment Update: Affordable
Segment Update: Affordable Public 12 12
Slide 14: Affordable Segment Update
Affordable Segment Update Loan Asset (INR crore) Loan Asset by Product (%) Loan Asset by Profile (%) 49% 8,153 8,556 7,140 6,531 33.9% 35.0% 35.7% 35.8% 35.9% 40.6% 42.5% 43.3% 44.5% 42.9% 5,744 66.1% 65.0% 64.3% 64.2% 64.1% 59.4% 57.5% 56.7% 57.1% 55.5% Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY
Slide 15: Affordable Segment Distribution Strategy
Affordable Segment Distribution Strategy Disbursement Channel Mix – Q1 FY27 Disbursement OUR OFFICE NETWORK Geographical Breakup – Q1 FY27 26% North 37.8% 34% In House South DSA West 62.2% 40% Geographic Presence % of Loan Asset Loan Asset Geographical Breakup State # Branches 31-Jun-26 31-Jun-25 Ut
Slide 16: Affordable Segment Portfolio Matrix
Affordable Segment Portfolio Matrix Loan Asset by Profile – Formal/Informal Loan Asset by Ticket Size 10.3% 17.8% 24.8% 16.7% ATS 53.1% 16 Lacs 22.0% 18.0% 4.0% 33.2% SAL - Formal SAL - Informal Upto 10 lacs 10 to 15 lacs 15 to 25 lacs SE - Formal SE - Informal 25 to 35 lacs > 35 lacs Loan Asset by
Slide 17: Affordable Segment Asset Quality
Affordable Segment Asset Quality Bounce Rate DPD 30+ (%) 1.60% 12.0% 1.40% 1.42% 1.32% 11.5% 0.91% 11.4% 11.4% 11.1% 0.59% 11.0% Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Gross NPA (%) • All asset quality indicators stable: slight uptick due to s
Slide 18: Segment Update: Emerging Markets
Segment Update: Emerging Markets Public 17 17
Slide 19: Emerging Markets Segment Update
Emerging Markets Segment Update Loan Asset (INR crore) Loan Asset by Product (%) Loan Asset by Profile (%) 22% 26,820 27,676 30.5% 32.1% 32.9% 34.8% 35.6% 35.6% 36.0% 36.7% 37.6% 38.5% 23,994 24,998 22,701 69.5% 67.9% 67.1% 65.2% 64.4% 64.4% 64.0% 63.3% 62.4% 61.5% Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1
Slide 20: Segment Update: Prime
Segment Update: Prime Public 19 19
Slide 21: Prime Segment Update
Prime Segment Update Loan Asset (INR crore) Loan Asset by Product (%) Loan Asset by Profile (%) 9% 52,780 27.2% 27.9% 28.6% 30.6% 31.4% 39.4% 40.0% 40.7% 41.5% 42.6% 51,953 49,793 48,914 48,477 72.8% 72.1% 71.4% 69.4% 68.6% 60.6% 60.0% 59.3% 58.5% 57.4% Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY2
Slide 22: Asset Quality
Asset Quality Public 21 21
Slide 23: Retail Portfolio Highlights
Retail Portfolio Highlights Balance portfolio Sustainable growth Maintained a balance portfolio with Individual Total sanctions in Q1 FY27 were INR 12,019 crore; Housing Loan at 67% and salaried customer at registering a growth of 52% over Q1 FY26. 59% of the retail portfolio Focussed approach Consi
Slide 24: Retail Collections Update
Retail Collections Update Overall GNPA Collection Efficiency GNPA (Amount) GNPA % NNPA % 1050 2.00% 825 830 855 809 851 850 1.50% 1.06% 1.04% 1.04% 0.95% 99.2% 99.9% 99.4% 99.4% 99.1% 650 0.93% 1.00% 450 0.69% 0.68% 0.50% 250 0.69% 0.57% 0.58% 50 0.00% Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26
Slide 25: Expected Credit Loss (ECL) Provisions
Expected Credit Loss (ECL) Provisions Particulars (INR Crore) 30-Jun-26 31-Mar-26 30-Jun-25 Gross Stage 1* 87,167 84,933 75,045 Gross Stage 1 as % to Loan Asset 97.21% 97.24% 96.54% ECL Provision Stage 1 292 290 441 ECL Provision % Stage 1 0.34% 0.34% 0.59% Gross Stage 2* 1,653 1,605 1,863 Gross Sta
Slide 26: Technology Update
Technology Update Public 25 25
Slide 27: Digitizing Onboarding journey: Infinity sales enablement platform
Digitizing Onboarding journey: In-house developed sales enablement platform “Infinity” Application & Collateral & Document Upload as Login Fee Application form Lead Conversion Applicant(s) Addition Reference Addition per Login Checklist Collection LAN Generation generation & eSign Integration with P
Slide 28: Digitizing Onboarding Journey: e-Sign & e-Stamp
Digitizing Onboarding Journey: e-Sign & e-Stamp Powered by Old Process – Manual Stamp & Wet Signing New Process – e-Stamp & eSign 2,610 Stamping Physical stamp papers procured through vendors, Stamp duty paid digitally with instant generation of legally # of eSign executed Mechanism involving manual
Slide 29: FY26-27 Roadmap: From Gen AI Pilots to an Agentic Enterprise
FY26-27 Roadmap : From Gen AI Pilots to an Agentic Enterprise TO-BE I N M O TI O N M AT U R I T Y Agentic AI S C AL E - U P AS - I S Autonomous, goal-driven agents Deploy & Scale Multi-agent orchestration PoCs scaled enterprise-wide Guardrailed & governed RO Copilot Self-learning loops PD AI Assista
Slide 30: Voice AI initiatives
Voice AI initiatives Start POC / Go # Project Description Status Date Live Date Engages Sanctioned-Undisbursed customers to capture Disbursement Intended Date, resolve loan POC Live 1 SUD AI Calling shortfall concerns and nudge them toward disbursement (3 months data) Jan 2026 Mar 2026 86% 56% 41% P
Slide 31: Financial Performance
Financial Performance Public 30 30
Slide 32: Well Diversified Borrowing Profile
Well Diversified Borrowing Profile Borrowing Mix Cost of Borrowing 15% 14% 16% NHB Refinance 7.76% 7.69% Term Loans 36% 7.44% 7.50% 39% 38% 7.42% 7.35% 7.23% 7.36% 7.41% ECBs 7.19% Deposits 4% 8% 7% NCDs 28% CPs 25% 24% 10% 11% 10% 7% 3% 5% Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 30-Jun-25 1 31-Mar-
Slide 33: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (INR Crore) Q1 FY27 Q1 FY26 YoY Q4 FY26 QoQ FY26 FY25 YoY FY24 Total Income 2,142 1,994 7% 2,059 4% 8,110 7,301 11% 6,777 Finance Cost 1,339 1,234 8% 1,246 7% 5,000 4,551 10% 4,261 Net Interest Income 803 760 6% 813 -1% 3,110 2,750 13% 2,516 Net Total
Slide 34: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Crore) 31-Mar-26 31-Mar-25 31-Mar-24 Particulars (INR Crore) 31-Mar-26 31-Mar-25 31-Mar-24 LIABILITIES ASSETS 1 Financial Liabilities 1 Financial Assets (a) Derivative financial instruments 4 50 - (a) Cash and cash equivalents 2,483 2,160 2,142 (b) Debt Se
Slide 35: Ownership & Governance
Ownership & Governance Public 34 34
Slide 36: Shareholding Pattern
Shareholding Pattern 30-Jun-25 30-Jun-26 Top 10 Shareholders 12.6% 13.3% 28.1% 28.0% • Promoter (PNB) 8.3% 8.2% • Birla Sun Life Mutual Fund • HSBC Mutual Fund 6.6% 26.8% 16.8% • Vanguard 33.6% 17.6% • ICICI Prudential Mutual Fund • SBI Life Insurance Outstanding Shares 26,01,33,915 26,05,89,923 • P
Slide 37: Distinguished Board of Directors
Distinguished Board of Directors D. Surendran Tejendra Mohan Bhasin Chairperson (Non-Executive Nominee Director ) Independent Director Gita Nayyar Neeraj Vyas Independent Director Independent Director Dipankar Mahapatra Rajiv Kumar Singh Non-Executive Nominee Director Additional Director (Independen
Slide 38: Experienced and Professional Management Team
Experienced and Professional Management Team Ajai Kumar Shukla Jatul Anand Vinay Gupta Managing Director and CEO Executive Director Chief Financial Officer Mukesh Agarwal Satish Singh Valli Sekar Chief Business Officer Ex Chief Business Officer Chief Business Officer - Retail Affordable Business Aff
Slide 39: ESG Update & Awards
ESG Update & Awards Public 38 38
Slide 40: Governance
Governance Governance Regulations Good Practices Policies Key Features of Governance • Risk Management Committee(RMC) of the Board oversees the company’s Risk Management practices and approve Risk Based Strategy Report the Risk Management Framework Performance of the company Management • Executive R
Slide 41: Overarching ESG Framework
Overarching ESG Framework Building Stronger Foundations for a Enriching Lives. Building Homes. Creating Value Sustainable Future Embed a high performance ESG Responsible Growth Inclusive Impact Culture through continuous capability building and Board Level Agenda Leadership ESG Team engagement. Focu
Slide 42: Sustainable Value Creation Model
Sustainable Value Creation Model Our Enablers Delivering on Strategic Priorities Creating Sustainable ESG Scorecard Value for Stakeholders Landscape - Domestic & Global Focus on retail loan Financial Capital book growth Investors ESG Rating Grade: Sound capital base (equity, debt). Improved financia
Slide 43: ESG Dashboard
ESG Dashboard Environment Social Governance Financial inclusion: 100% 3X ~2.49 GJ/ crore revenue Energy Intensity Enhancing affordable Disclosures on homeownership and Essential & Leadership Times in a empowering women Indicators in BRSR ~0.49 Ton/ crore revenue borrowers through row CO2e Emissions
Slide 44: Awards and Milestones
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Slide 45: Glossary
Glossary Ratios Formulas Used Average Yield (%) (Interest Income + Assignment Income) on Loans / Average Loan Book NIM (%) Net Interest Income including assignment income / Average Earning Assets Opex to ATA (%) Total Operating Expenditure net of acquisition cost / Average Total Assets as per Balanc
Slide 46: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by PNB Housing Finance Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation, directly or indirectly, in any man
Slide 47: Thank You
Thank You Company: PNB Housing Finance Limited CIN: L65922DL1988PLC033856 Mr. Chaitanya Yadav National Head – Corporate Planning and Investor Relations Phone: +91 124 6030500 Investor.relations@pnbhousing.com www.pnbhousing.com Public 46 46