Is PNB Housing Finance a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that PNB Housing Finance Ltd is a average quality company .

Is PNB Housing Finance undervalued or overvalued?

The key valuation ratios of PNB Housing Finance Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is PNB Housing Finance share price return in the past 10 years?

Data is not available for this company

Is PNB Housing Finance a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of PNB Housing Finance Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

PNB Housing Finance Ltd - Stock Valuation and Financial Performance

Name: PNB Housing Finance
Brand: PNB Housing Finance

BSE: 540173 | NSE: PNBHOUSING | Finance - Housing | Small Cap

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PNB Housing Finance Share Price

₹884.75 2.05 0.23%
as on 03-Dec'24 16:59

10 Year X-Ray of PNB Housing Finance:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Operating Income (₹ Cr.)	1,780	2,698	3,908	5,488	7,481	8,478	7,565	6,141	6,491	7,014	7,229
YoY Gr. Rt. %	-	51.5%	44.8%	40.4%	36.3%	13.3%	-10.8%	-18.8%	5.7%	8.1%	-
Adj EPS (₹ )	15.5	21.3	26.2	41.9	53.5	33.6	45.5	40.4	51.8	58.8	65.5
YoY Gr. Rt. %	-	37.7%	22.9%	59.9%	27.7%	-37.2%	35.5%	-11.3%	28.3%	13.6%	-
BVPS (₹ )	125.9	140	278.8	325.1	364.8	387.9	432.7	478.6	534.6	573.2	609.4
YoY Gr. Rt. %	-	11.2%	99.2%	16.6%	12.2%	6.3%	11.6%	10.6%	11.7%	7.2%	-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)	1.3	1.3	1.4	1.6	1.5	0.8	1.2	1.2	1.6	2.2	0

CAGR ⓘ

CAGR Colour Code Guide ⓘ


	9 Years	5 Years	3 Years	1 Years
Net Interest Income	16.5%	-1.3%	-2.5%	8.1%
Adj EPS	16%	1.9%	8.9%	13.6%
BVPS	18.3%	9.5%	9.8%	7.2%
Share Price	-	16%	23.3%	11.1%

Key Financial Ratios


RATIOS \ YEARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Asset Quality Ratio	To view Asset Quality Ratio Colour Rating Guide click here ⓘ
Net NPA to Net Advances (%)	0	0	0	0	0	0	0	0	0	0	-
Capitalization Ratio	To view Capitalization Ratio Colour Rating Guide click here ⓘ
Capital Adequacy Ratio (%)	0	0	0	0	0	0	0	0	0	0	-
Margins
Net Profit Margin (%)	10.9	12.1	13.4	15.3	14.5	8.1	12.2	13.4	16.3	21.8	23.5
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	15.5	17.5	13.6	13.9	15.5	8.9	11.1	8.9	10.2	11.9	10.7

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 11.10%

Net Profit has increased 8.91 CAGR in last 3 years

Total income growth is good in last 4 quarters

Total Income has declined 5.23 CAGR in last 3 years

Latest Financials - PNB Housing Finance Ltd.

	Standalone	Consolidated
TTM EPS (₹)	65.5	64.7
TTM Sales (₹ Cr.)	7,229	7,266
BVPS (₹.) ⓘ	609.4	610.7
Reserves (₹ Cr.) ⓘ	15,574	15,608
P/BV ⓘ	1.45	1.45
PE ⓘ	13.52	13.68

From the Market
52 Week Low / High (₹)	600.40 / 1201.45
All Time Low / High (₹)	120.88 / 1420.17
Market Cap (₹ Cr.)	22,990
Equity (₹ Cr.)	259.8
Face Value (₹)	10
Industry PE ⓘ	20.1

Management X-Ray of PNB Housing Finance:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of PNB Housing Finance

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of PNB Housing Finance

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income	1,780	2,699	3,908	5,489	7,485	8,486	7,584	6,146	7,618	7,207
Interest Income	1,780	2,698	3,908	5,488	7,481	8,478	7,565	6,141	6,491	7,014
Other Income ⓘ	0	1	0	1	4	8	19	5	1,128	194
Expenditure ⓘ	1,486	2,196	3,104	4,254	5,907	7,661	6,397	5,084	6,252	5,236
Interest Expense ⓘ	1,250	1,860	2,644	3,537	5,167	5,876	5,101	4,066	3,901	4,264
Operating Expenses ⓘ	196	246	351	421	533	454	382	411	468	594
Provisions	40	89	109	296	206	1,331	915	607	1,883	377
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	294	503	804	1,235	1,578	825	1,187	1,063	1,367	1,972
Taxes ⓘ	100	177	280	392	497	143	262	241	311	444
Profit After Tax	194	326	524	842	1,081	682	925	822	1,056	1,527
Adjusted EPS (₹)	15.5	21.3	26.2	41.9	53.5	33.6	45.5	40.4	51.8	58.8
Dividend Payout Ratio (%)	16%	13%	19%	18%	14%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Equity Capital	1,579	2,146	5,577	6,568	7,435	7,947	8,867	9,801	10,952	14,932
Share Capital ⓘ	104	127	166	167	167	168	168	169	169	260
Reserves ⓘ	1,475	2,019	5,412	6,402	7,268	7,779	8,699	9,632	10,784	14,673
Minority Interest	0	0	0	0	0	0	0	0	0	0
Long Term Borrowings	11,456	16,938	24,477	38,979	56,264	60,509	50,715	45,576	47,109	46,653
Current Liabilities	6,001	10,587	12,905	17,862	20,000	10,143	11,321	10,229	8,681	11,174
Trade Payables	57	75	94	124	132	84	28	27	44	47
Short term borrowings	3,447	7,448	7,947	14,965	15,785	7,193	8,525	7,041	6,388	8,260
Other Liabilities	-3,504	-7,524	-8,041	-15,089	-15,917	-7,276	-8,552	-7,068	-6,432	-8,308
Total Liabilities ⓘ	19,035	29,671	42,960	63,409	83,699	78,599	70,903	65,606	66,743	72,760
Assets
Non Current Asset	14,785	26,656	37,744	58,453	75,841	68,899	62,833	57,792	60,403	66,893
Loan Asset	14,382	25,624	36,444	57,167	74,327	66,669	60,687	55,381	57,909	64,205
Other Non Current Asset ⓘ	402	1,032	1,300	1,286	1,514	2,230	2,146	2,412	2,494	2,688
Current Asset	4,251	3,015	5,216	4,956	7,858	9,700	8,070	7,814	6,340	5,866
Current Investment	1,367	840	2,318	1,230	3,071	95	91	1,238	871	1,916
Other Current Asset	2,884	2,175	2,897	3,726	4,787	9,604	7,979	6,576	5,469	3,951
Total Assets ⓘ	19,035	29,671	42,960	63,409	83,699	78,599	70,903	65,606	66,743	72,760

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-6,791	-9,664	-12,406	-15,664	-16,626	8,911	6,566	6,216	-1,772	-4,644
Cash Flow From Investing Activity ⓘ	-37	-20	-17	-50	-53	-62	5	-1,476	174	-1,193
Cash Flow From Financing Activity ⓘ	6,850	9,804	12,322	18,464	17,888	-4,362	-8,177	-6,732	301	4,179
Net Cash Flow ⓘ	22	120	-101	2,751	1,209	4,486	-1,606	-1,992	-1,297	-1,659

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational & Financial Ratios
EPS (₹)	19	26	32	51	65	41	55	49	63	59
DPS (₹)	3	3	6	9	9	0	0	0	0	0
BVPS (₹)	152	169	337	393	441	469	523	578	646	573
Performance Ratios
ROA (%)	1.3	1.3	1.4	1.6	1.5	0.8	1.2	1.2	1.6	2.2
ROE (%)	15.5	17.5	13.6	13.9	15.5	8.9	11.1	8.9	10.2	11.9
ROCE (%)	10.6	10.2	10.0	9.4	9.7	8.7	8.7	7.8	8.3	9.3
Valuation Parameters
Price/Book(x)	0.0	0.0	3.5	3.3	2.0	0.4	0.7	0.7	0.8	1.1

PNB Housing Finance Ltd Stock News

PNB Housing Finance Ltd FAQs

What is the share price of PNB Housing Finance?

Company share prices are keep on changing according to the market conditions. The closing price of PNB Housing Finance on 03-Dec-2024 16:59 is ₹884.8.

What is the market cap of PNB Housing Finance?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Dec-2024 16:59 the market cap of PNB Housing Finance stood at ₹22,989.6.

What is the P/E ratio of PNB Housing Finance?

The latest P/E ratio of PNB Housing Finance as of 03-Dec-2024 16:59 is 13.52.

What is the P/B ratio of PNB Housing Finance?

The latest P/B ratio of PNB Housing Finance as of 03-Dec-2024 16:59 is 1.45.

What is the 52-week high and low of PNB Housing Finance?

The 52-week high of PNB Housing Finance is ₹1,201.5 and the 52-week low is ₹600.4.

What is the TTM revenue of PNB Housing Finance?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of PNB Housing Finance is ₹7,229 ( Cr.) .

About PNB Housing Finance Ltd

The company was incorporated as “PNB Housing Finance Private Limited” on November 11, 1988, as a private limited company under the Companies Act, 1956, with a certificate of incorporation granted by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Pursuant to the conversion of the company to a public limited company, its name was changed to “PNB Housing Finance Limited” and the RoC certified the change of name upon conversion to a public limited company on December 30, 1989. The company offers its customers “housing loans” for the purchase, construction, extension or improvement of residential properties. The company’s target customers for its housing loans are salaried customers, whose main source of income is salary from their employment, and self-employed customers, whose main source of income is their profession or their business. It also offers housing loans in the form of construction finance loans to real estate developers of residential housing.

The company conducts its operations through an operating model. The company’s branches act as the primary point of sale and assist with the origination of loans, various collection processes, sourcing deposits and enhancing customer service, while its processing hubs and zonal offices provide support functions, such as loan processing, credit appraisal and monitoring, and its CSO supervises its operations nationally. The company’s enterprise system solution (ESS) integrates all activities and functions within its organisation under a single technology and data platform, bringing efficiencies to its back-end processes and enabling it to focus its resources on delivering quality services to its customers. The company’s branches, processing hubs, zonal offices and CSO are supported by its centralised operations (COPS) and central processing centre (CPC), which provide centralised and standardised back-end and administrative activities, payments and processing for its business, relying in turn on its ESS.

Business area of the company

PNB Housing Finance is primarily engaged in the business of providing loans to individuals and corporate bodies for purchase, construction, repair and up-gradation of houses. It also provides loans for commercial space, loan against property and loan for purchase of residential plots.

Products and services

Online Home Loan
Home Loan
Loan Against Property
Fixed Deposit
Credit Score Check
Unnati Loan - Low Income Home Loan
Plot Loan

Awards

2013

PNB HFL bagged another award, 3rd time in a row for “Outstanding contribution to Real Estate - November 19, 2013- PNB HFL awarded in the category of “Outstanding Contribution to Real Estate Sector for Growth in Home Loans” during the 5th Real Estate Awards organised by Franchise India.
PNB HFL recognised for Best Change Management Intervention - July 02, 2013- PNB HFL Change Story has been awarded “Special Commendation Award” during Best Change Interventions of Asia Seminar & Awards - conferred by the “Learning & Organisational Development Roundtable”.
PNB Housing in the Exclusive club of 12 best change managed companies - 2013- PNB HFL Change intervention story got featured in Bloomsbury India’s latest edition christened SWITCH.

2014

PNB HFL awarded for ‘Significant Contribution to Housing’ by HUDCO - PNB HFL has been awarded for its ‘Significant Contribution to Housing’ for the year 2013-14 on the occasion of 44th Annual Day Celebrations of HUDCO.
PNB HFL awarded for Excellence in Talent Management -PNB HFL has been awarded the “National Award for Excellence in Talent Management 2014” during the event -Thomas Assessments National Award for Excellence in Talent Management.
PNB HFL honoured on ‘Successful Completion of 25 years of Service’ - PNB HFL has been felicitated on ‘Successful Completion of 25 years of Service’ during the event ‘India’s Top PSUs - Transforming India, 2014’ organised by Dun & Bradstreet. The award was felicitated by former Finance Minister of India, Mr. Yashwant Sinha.

2015

PNB Housing awarded as the ‘Housing Finance Company of the Year’ at the 8th Annual Real Estate Summit and Awards hosted by Franchise India and ET Now. The felicitation recognizes the capabilities and dedication that PNB Housing has demonstrated through this journey of growth. This also lends immense credence to the core values that are followed and forms the foundation of the company.
PNB Housing felicitated for ‘Outstanding Contribution to CSR’ by CREDAI - PNB Housing recognized for ‘Outstanding Contribution to CSR’ at the CREDAI Conclave 2015 applauding the various efforts of the company to benefit the society at large. The award was felicitated by hon’ble minister Shri Rajiv Pratap Rudy to Mr. Sanjaya Gupta, MD, PNB Housing.
PNB Housing’s Annual report wins bronze award at 20th Big Bang awards for excellence in communication and media- PNB Housing’s Annual report for financial year 2014-15 wins the bronze award in concept and creative category at the 20th Big Bang Awards for excellence in communication and media. The awards were competed by more than 1000 entries from various corporate houses and advertising agencies across India vying for Gold, Silver and Bronze awards across 58 categories.
PNB HFL recognized by Microsoft for early adoption of Cloud Services in India - Microsoft has recognized PNB HFL as a pioneer for being the first public financial institution in India to adopt email and unified communication on cloud, which is office 365.

2016

PNB Housing once again bags the ‘Housing Finance Company of the Year’ award at the 9th Annual Estate Awards 2016 - The award was bestowed by Franchise India and ET Now and was received by Mr. Shaji Varghese, General Manager and Business Head, PNB Housing at a grand gala event organized in Delhi.
PNB Housing was awarded ‘Certificate of Merit’ as ‘Housing Finance Company of the Year’ by CMO Asia at ABP News Presents Real Estate Awards. The award was conferred by CMO Asia reiterating the Company’s journey of excellence in providing its customers convenience and pleasant experience while fulfilling their dream of owning a home.
PNB Housing Finance felicitated by International Finance Corporation (IFC) at 2016 International Sustainable Finance Forum. The award was received by Mr. Sanjaya Gupta, Managing Director, PNB Housing at the renowned 2016 International Sustainable Finance Forum in Bali. The Company was recognized for its contribution in promoting green buildings.
PNB Housing featured among the ‘Best Adversity Management Stories of Asia Study 2016’- The award, instituted by Learning & Organizational Development Roundtable, was received by Mr. Anshul Bhargava, Chief People Officer, PNB Housing. During felicitation, Mr. Bhargava shed light on the best practices followed to build new capabilities by deploying collective genius through innovation, new thinking and by leveraging human potential.
PNB Housing wins award for ‘Brand Excellence in the NBFC Category’ at The Economic Times Best BFSI Brands 2016. The award was received by Mr. Sanjaya Gupta, Managing Director, PNB Housing from Shri. Manish Sisodia, hob’ble Deputy Chief Minister of Delhi and Shri. Shaktikanta Das, Secretary, Department of Economic Affairs, Ministry of Finance at a grand event held in Delhi.
Leading Housing Finance Company 2017- PNB Housing bagged another prestigious award in the category “Leading Housing Finance Company 2017” at National Awards for Best Housing Finance Companies organized by CMO Asia on 24th November, 2017 in Mumbai.
Outdoor Advertising Awards 2017- PNB housing finance won bronze award at Outdoor Advertising Awards 2017, in the financial services category.
PNB Housing’s IPO has been awarded “IPO of the Year” by Finance Monthly Magazine. PNB Housing’s IPO has been awarded “IPO of the Year” by Finance Monthly Magazine (M&A Award) a leading international business publication. This award is a testimony of investor confidence in Organisation and recognition of ‘Kshitij.

2018

PNB Housing conferred as winner at The Economic Times Innovation Tribe Awards 2018. Economic Times’s Innovation Tribe Summit and Awards presented winning trophy in BFSI category to PNB Housing for its innovative digital solution iBox. It is a blend of many fintech solutions that redefines the process of e-verification, providing 360 degree view of customer’s data.
PNB Housing has been conferred the ‘Best Housing Finance Company of the Year’ at ET Now Rise with India - Banking, Financial Services and Insurance Awards.
PNB Housing has been recognized as ‘Symbol of Excellence in the BFSI Sector’ at The Economic Times Best BFSI Brands 2018
PNB Housing bags the award for ‘Housing Finance Company of the Year’ at the 10th Annual Estate Awards organized by Franchise India in association with ET Now

2019

PNB Housing Finance felicitated for ‘Excellence in Operations’ at the IDC India Insights Awards 2019
PNB Housing recognised among the Best BFSI Brands 2019
PNB Housing awarded for Best Customer Engagement Initiative of the Year- by a HFC and Best CSR Practice of the Year
PNB Housing Finance Limited has been recognized in the category of Healthcare Project of the Year 2018-2019
PNB Housing awarded for Excellence in Project Management 2019
PNB Housing recognized as the Housing Finance Firm of the Year
PNB Housing recognised as Best Brand of India 2019 by The Economic Times
PNB Housing Finance bags Gold in ‘Home Loan Provider of the Year 2018’
PNB Housing Annual Report wins Bronze at 58th Annual Awards Nite organised by ABCI

2020

PNB Housing wins Gold Award at Outlook Money Awards 2019
PNB Housing wins Gold Award at the League of American Communications Professionals LLC (LACP) Vision Awards 2018-19

Milestones

1988: Obtained the National Housing Bank (NHB) license for loans and deposits
1988: Commenced operations
1994: Crossed I 100 crore in loan portfolio
2003: Notified under SARFAESI (Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest) Act
2006: Crossed Rs1,000 crore in loan portfolio
2009: Destimoney Enterprises Limited (DEL) acquired 26% stake in the Company
2010: Launched business process re-engineering project, ‘Kshitij’
2011: New brand positioning with refurbished, elegant, convenient and secured offices
2011: Robust and scalable target operating model (TOM) implementation commenced
2012: Included in the MSCI Global Small Cap Index
2012: Certified as a ‘Great Place to Work’ for the second year in a row
2012: Recognised as ‘Best BFSI Brand’ by Economic Times
2014: PAT crossed Rs 100 crore
2014: Portfolio crossed Rs 10,000 crore
2015: Implemented end-to-end Enterprise System Solution
2015: DEL acquired by Quality Investment Holdings (QIH) of the Carlyle Group
2016: Listed on Indian stock exchanges through IPO; raised Rs 3,000 crore
2016: AUM crossed Rs 25,000 crore
2016: Target operating model (TOM) fully implemented
2017: Crossed Rs 50,000 crore in AUM
2017: Crossed Rs 10,000 crore in deposits
2017: Certified as a ‘Great Place to Work’ by building a ‘High Trust, High Performance Culture’
2017: Incorporated a wholly owned subsidiary, PHFL Home Loans and Services Limited
2018: Included in the MSCI Global Small Cap Index
2018: Certified as a ‘Great Place to Work’ for the second year in a row
2018: Recognised as ‘Best BFSI Brand’ by Economic Times
2019: Carrying the Saksham ethos forward, the Pehel Foundation was incorporated as the dedicated CSR vehicle of the Company
2019: Crossed Rs 15,000 crore in deposits
2019: Opened a deposits-only branch in Fort, Mumbai
2020: Received ISO 27001:2013 certification, one of the highest security standards in India
2020: Became the first HFC to sign a funding of $75 million via external commercial borrowings from Japan International Corporation Agency (JICA)