• PNB Housing Finance Share Price

    PNB Housing offers housing loans to individuals as well as corporates. The company provides loans for commercial space, loan against property, loan for the purchase of residential plots and much more.

    Market Capitalisation

    The market capitalisation of PNB Housing Finance Ltd as on 26 August 2018 was around Rs.23,000 crore.

    Company's Wealth and Recent Performance

    The key financial highlights of the company’s performance in Q1 FY 2018-19, ended 30 June 2018 are as follows:

    • The Profit after Tax (PAT) stood at Rs.255.8 crore, up from Rs.170.1 crore, reporting an increase of 50%.
    • The net interest income registered an increase of 28% and stood at Rs.432.8 crore as against Rs.339.3 crore in Q1 FY 2017-18.
    • The spread on loans decreased a bit and stood at 2.11% as compared to 2.15% for Q1 FY17-18.
    • As on 30 June 2018, the company’s cumulative ECL provision stood at Rs.329.5 crore. Meanwhile, the state provision stood at Rs.145.54 crore.
    • The Net Interest Margin decreased from 3.10% in  Q1 FY17-18 to 2.74%.
    • The gross Margin and net of acquisition cost stood at 3.21%.
    • The company maintained a return on asset at 1.54% on an average gearing of 8.66 against 6.46.
    • The deposit portfolio registered an increase of 17% and stood at Rs.11,723.7, up from Rs.10,025.2 crore last year.
    • The company’s disbursements stood at Rs.9,767.3 crore recording an increase of 25%.
    • Asset under Management (AUM) recorded a 47% growth and stood at Rs.68,577.5 crore, up from Rs.46,755.2 crore as on 30 June 2017. The Housing Loans consists of 70% and Non-Housing 30% of the AUM.
    • Total borrowings stood at Rs.60,439.7 crore, up from Rs.39,563.8 crore recording a growth of 53%.
    • The company’s loan outstanding recorded a strong YoY growth of 45% and stood at Rs.63,905.8 crore.
    • Net NPA (Non-Performing Assets) stood at 0.33% of the Loan Assets as against 0.33% on 30 June
    • 2017.
    • The Company’s CRAR as on 30 June 2018 stood at 14.87%, Tier I (11.41%) while Tier II (3.46%). As per the regulatory norms, the minimum requirement for the CRAR and Tier I capital is 12% and 6% respectively.
    • PNB Housing Finance Ltd. has 85 branches with a presence in 48 unique cities and 21

    Hubs.

    The key financial highlights of the company’s performance for the entire FY 2017-18 ended 31 March 2018 are as follows:

    • The Profit after Tax stood at Rs.829.4 crore, recording an increase of 58%.
    • The Net Interest Income registered a growth of 54% and stood at Rs.1,592.6 crore, up from Rs.1,034.8 crore registering a growth of 54%.
    • The return on asset was at 1.56% up from 1.46% last year.
    • The spread on loans for FY17-18 stood at 2.36% compared to 2.21% for FY16-17.
    • Net Interest Margin increased to 3.07% compared to 2.97% for FY16-17.
    • The cumulative provision for non-performing assets and standard assets was Rs.42.3 crore and Rs.281 crore respectively as on 31 March 2018.
    • Asset under Management (AUM) increased by 50% and stood at Rs.62,252 crore as on 31 March 2018.
    • The deposit portfolio recorded an increase of 16% to Rs.11,586.2 crore.

    As on 31 March 2018, PNB Housing Finance Ltd.’s CRAR stood at 16.69%, of which Tier I capital was 12.77% and Tier II capital was 3.92%. As per the regulatory norms, the minimum requirement for the CRAR and Tier I capital is 12% and 6% respectively.

    PNB Housing Finance Ltd. Stock Trends in 2018

    • The opening price of the PNB Housing Finance Ltd stock on 1 January 2018 was Rs.1,329 on NSE. The scrip declined by around 30 points by the end of the month. In February, the price of the stock fell by more than 100 points and ended the month at Rs.1,210. The scrip continued to fall throughout the month of March. However, it picked up the pace in April and stood at Rs.1,377 by the end of the month.
    • In May, the price of the stock declined throughout the month and stood at Rs.1,214 by the end. The scrip continued to decline in June and ended the month at Rs.1,178. In July, the scrip gained strength and increased by around 180 points to stand at Rs.1,357. It increased further in August and stood at Rs.1,414 as on 28 August 2018.

    PNB Housing Finance Ltd.Stock Trends in 2016 and 2017

    • PNB Housing Finance Ltd. went public in November 2016. The opening price of the stock was Rs.860 on NSE. It increased by around 30 points by the end of the month. In December, the scrip declined marginally and ended the month at Rs.829.
    • The opening price of the stock on January 2017 was Rs.847 on NSE. It increased by a few points by the end of the month. In February, the scrip picked up the pace by more than 200 points and stood at Rs.1,101. The price of the stock increased in March and was at Rs.1,139. It further went up by more than 200 points and ended the month at Rs.1,365.
    • In May, the price of the stock was stable and did not change much however it picked up the pace in June by around 250 points and stood at Rs.1,559 by the end of the month. In July, the scrip was stable and increased in August and ended the month at Rs.1,689.
    • The scrip fell towards the end of September and stood at Rs.1,477 however it was pretty stable in the month of October. In November, the price of the stock declined and ended the month at Rs.1,333. The scrip decreased marginally in the month of December and stood at Rs.1,329.

    Should you invest in PNB Housing Finance Ltd.?

    • PNB Housing Finance Ltd. has reported a strong growth in FY 2017-18 as well as Q1 FY 2018-19.
    • The price of the stock has been stable for most of the time  and has not witnessed any unusual fluctuations. Investing in PNB Housing Finance Ltd. could be good for a long-term investment purpose. However, it is strongly advised to conduct your own research before investing in the stock market as it is risky and uncertain in nature. You can also look at mutual funds as an alternate option for financial investments.

    Company Information

    PNB Housing Finance Limited (PNB Housing) is a registered housing finance company with National Housing Bank (NHB). Incorporated under the Companies Act, 1956, PNB commenced its operations on November 11, 1988. It is promoted by Punjab National Bank (PNB).

    Management of the Company

    Mr. Shaji Varghese - Executive Director, Business Development

    Shaji Varghese has experience of over 22 years spread across sectors like retail assets, liabilities, and wealth management. He has been an integral contributor in setting up large successful businesses across the globe and managed high-performance teams. His area of expertise lies in distribution and managing sustainable businesses. Prior to PNB Housing, Shaji was the Senior Vice President and Business Head, Secured Assets at Induslnd Bank. He has also played a crucial role in handling assignments with top financial institutions and banks like ABN AMRO Bank NV, ICICI Bank Ltd. Shaji has a Bachelor’s degree in Law (LLB) and Master’s degree in Management Science (MMS).

    Mr. Ajay Gupta - Executive Director, Risk Management

    A chartered accountant, Ajay has an experience of more than 27 years in risk management, credit cycle management for several products like Builder Finance, SME Loans, Loan Against Property, and others. He is an expert in case of Credit Policy & Underwriting, Collection Management, Fraud Control, Risk Analytics & Portfolio Management. Ajay is a commerce graduate  NB Housing, Ajay has worked with Religare Finvest Ltd. as Director and CRO, India Bulls Financial Services as Risk Head, and has also served GE Money, ANZ Grindlays Bank & Standard Chartered Bank in various roles.

    Listings in NSE, BSE, and Indices

    The stock of PNB Housing Ltd. is available for trading on the two major stock exchanges of India - The National Stock Exchange Limited (NSE) and The Bombay Stock Exchange (BSE).

    • BSE: 540173
    • NSE: PNBHOUSINGEQ
    • ISIN: INE572E01012
    • Sector: Finance

    The company forms a part of important indices like:

    • Nifty 200
    • Nifty 500
    • Nifty Full Midcap 100
    • Nifty LargeMidcap 250
    • Nifty Midcap 100
    • Nifty Midcap 150
    • S&P BSE 150 MidCap Index
    • S&P BSE 200
    • S&P BSE 500
    • S&P BSE Finance
    • S&P BSE 250 LargeMidCap Index
    • S&P BSE 400 MidSmallCap Index
    • S&P BSE AllCap
    • S&P BSE LargeMidCap
    • S&P BSE MidCap

    Corporate Office

    Address: 9th Floor, Antriksh Bhavan,

    22 Kasturba Gandhi Marg,

    Near Connaught Place,

    New Delhi 110001

    Stocks vs. Mutual Funds: here's what we recommend

    Stock market investments require a lot of research and knowledge. They do not generally offer any tax benefits and are regarded as high-risk investments. Hence,it is crucial to have a diversified portfolio. At Bankbazaar, we encourage our readers to invest on mutual funds.It doesn't require a lot of knowledge and equity linked mutual fund schemes offer tax benefits. Additionally, since mutual funds comprise stocks from multiple companies, they help in building a diversified portfolio.

    DISCLAIMER:

    The contents of this post/blog does not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not a professional advice on a specific financial matter.

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