PNB Housing Finance Limited (PNBHOUSING) AI Stock Analysis

• Market Cap: ₹241.87B
• Dividend Yield: 0.54%
• Average Volume (3M): 76.92K
• Price to Earnings (P/E): 11.2
• Beta (1Y): 1.23
• Revenue Growth: 12.51%
• EPS Growth: 27.75%
• Country: IN
• Employees: 2,003
• Sector: Real Estate
• Sector Strength: 53
• Industry: Financial - Mortgages
• EPS (TTM): 22.30
• Shares Outstanding: 260,508,580
• 10 Day Avg. Volume: 67,367
• 30 Day Avg. Volume: 76,918
• PEG Ratio: 0.42
• Price to Book (P/B): 1.34
• Price to Sales (P/S): 2.95
• P/FCF Ratio: -2.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,300.00
• Price Target Upside: 49.43% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 69 Neutral
• Price Target: ₹953.00 ▲(9.55% Upside)

PNB Housing Finance Limited's overall stock score is driven by its strong financial performance, despite high leverage and negative cash flow trends. The technical indicators suggest neutral to positive momentum, while the valuation indicates potential undervaluation. The absence of earnings call and corporate events data means these factors do not influence the score.

PNB Housing Finance Limited Business Overview & Revenue Model

Company Description

PNB Housing Finance Limited (PNBHOUSING) is a prominent housing finance company in India, primarily focused on providing home loans and related financial services. As a subsidiary of Punjab National Bank, it operates within the financial services sector, catering to the housing needs of individuals and developers. The company offers a range of products including home loans, loan against property, and construction finance, aiming to facilitate affordable housing and support the growth of the real estate sector.

How the Company Makes Money

PNB Housing Finance Limited generates revenue primarily through the interest earned on the loans it extends to customers. The main revenue streams include home loans, which comprise a significant portion of its loan portfolio, and loan against property, where the company provides financing against the value of an individual's property. Additionally, PNBHOUSING earns fees from processing and administrative services associated with loan disbursements. The company may also benefit from partnerships with real estate developers and other financial institutions, enhancing its market reach and enabling it to cross-sell financial products. Factors contributing to its earnings include the overall growth of the housing market in India, favorable interest rates, and the company's ability to manage credit risk effectively.

PNB Housing Finance Limited Financial Statement Overview

Summary

PNB Housing Finance Limited shows strong revenue growth and profitability metrics, but its high leverage and negative cash flow trends warrant caution. The company's financial health is supported by effective equity utilization, yet the reliance on debt and challenges in cash flow management may impact future stability.

Income Statement

The company exhibits strong revenue growth with total revenue rising significantly year-over-year. The gross profit margin and EBIT margin are healthy, indicating efficient operations. However, the net profit margin shows some volatility, reflecting potential challenges in maintaining consistent profitability.

Balance Sheet

The company's debt-to-equity ratio is relatively high, suggesting a heavy reliance on debt financing, which could pose risks if interest rates rise. The return on equity is robust, indicating effective use of shareholder capital. However, the equity ratio is modest, pointing to a moderate level of financial stability.

Cash Flow

The cash flow situation is concerning, with negative free cash flow in recent years indicating that the company is spending more on operations and investments than it is generating. The operating cash flow to net income ratio is also negative, suggesting potential cash flow management issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	79.35B	76.78B	70.45B	65.30B	61.81B	75.96B
Gross Profit	32.73B	31.26B	27.84B	51.41B	21.25B	25.12B
EBITDA	19.36B	23.83B	49.60B	14.12B	11.37B	12.66B
Net Income	20.37B	19.36B	15.08B	10.46B	8.36B	9.30B
Balance Sheet
Total Assets	0.00	825.20B	724.05B	668.74B	657.30B	713.92B
Cash, Cash Equivalents and Short-Term Investments	0.00	36.00B	26.07B	37.88B	52.33B	69.69B
Total Debt	0.00	446.68B	376.87B	368.08B	354.26B	432.72B
Total Liabilities	-168.63B	656.57B	574.30B	558.60B	558.58B	624.69B
Stockholders Equity	168.63B	168.63B	149.74B	110.14B	98.72B	89.23B
Cash Flow
Free Cash Flow	0.00	-81.06B	-47.01B	-18.80B	62.41B	67.84B
Operating Cash Flow	0.00	-80.57B	-46.62B	-18.65B	62.56B	67.92B
Investing Cash Flow	0.00	7.57B	-11.86B	1.76B	-14.75B	205.50M
Financing Cash Flow	0.00	74.04B	41.79B	3.01B	-66.84B	-81.78B

PNB Housing Finance Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 869.95
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PNBHOUSING, the sentiment is Positive. The current price of 869.95 is below the 20-day moving average (MA) of 885.36, above the 50-day MA of 848.94, and below the 200-day MA of 920.68, indicating a bullish trend. The MACD of 20.13 indicates Negative momentum. The RSI at 65.69 is Neutral, neither overbought nor oversold. The STOCH value of 89.37 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PNBHOUSING.

PNB Housing Finance Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PNBHOUSING	―	₹241.87B	11.24	―	0.54%	12.51%	27.75%
Sector *	―	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
AAVAS	―	₹128.30B	21.84	―	―	―	―
APTUS	―	₹155.08B	19.38	―	1.41%	28.39%	24.27%
HOMEFIRST	―	₹125.66B	27.21	―	0.31%	33.53%	21.56%
HUDCO	―	₹458.23B	16.16	―	1.75%	32.45%	24.80%
SRGHFL	―	₹4.61B	17.14	―	―	22.03%	0.21%

PNB Housing Finance Limited Corporate Events

PNB Housing Finance Announces End of Tenure for Independent Director

PNB Housing Finance Limited announced the cessation of Mr. Pavan Kaushal as an Independent Director, effective October 26, 2025, marking the completion of his tenure. The Board expressed appreciation for Mr. Kaushal’s contributions during his service, which have been significant to the company’s governance and strategic direction.

PNB Housing Finance Announces Postal Ballot Notice Publication

PNB Housing Finance Limited has announced the publication of a newspaper advertisement regarding a Postal Ballot Notice and e-voting information, as per the SEBI Listing Regulations. This move is part of the company’s compliance with regulatory requirements, potentially impacting its governance practices and shareholder engagement.

PNB Housing Finance Engages in Strategic Investor Discussions

PNB Housing Finance Limited participated in the Morgan Stanley India Financials Virtual Investor Group Meet, where senior executives discussed the company’s growth update, short-term business strategy, asset quality, and return profile. The meeting did not disclose any unpublished price-sensitive information, and the details have been made available on the company’s website.

PNB Housing Finance Engages Investors in Strategic Discussions

PNB Housing Finance Limited recently participated in a virtual Group Investor Meeting organized by Phillip Capital, where key executives discussed the company’s asset quality, business strategies, growth updates, and return profiles. The meeting, which included several prominent investors, did not disclose any unpublished price-sensitive information and was conducted in compliance with SEBI regulations.

PNB Housing Finance Releases Investor Call Transcript Post Leadership Change

PNB Housing Finance Limited has released the transcript of an investor call held on August 4, 2025, following the resignation of its Managing Director and CEO. This announcement is part of the company’s compliance with SEBI regulations and reflects its commitment to transparency with stakeholders. The call featured key members of the management team, including the Chairperson of the Audit Committee and the newly appointed Executive Director for Prime and Emerging Business, highlighting the company’s ongoing leadership transition and strategic focus.