PNB Housing Finance Share Price Surges 8% as Carlyle Sells Entire Stake

On Friday, PNB Housing Finance share price rose sharply by 8%, touching a 7-month high of ₹1,087.95 during intraday trade on the BSE. The sharp jump in stock price came after a major block deal, which saw heavy trading volumes.

By 9:32 AM, a total of around 1.23 crore equity shares changed hands — with 99.7 lakh shares traded on the BSE and 23 lakh shares on the NSE. These shares made up about 4.72% of the company’s total equity.

The stock has made a strong comeback, rising 44% from its recent low of ₹753 in March 2025. It is now nearing its 52-week high of ₹1,201.45, which was hit on September 13, 2024.

Carlyle Group Likely Sold Entire Stake

According to reports, Carlyle Group, a major private equity investor, likely sold all of its remaining 10.44% stake in PNB Housing Finance through a large block deal.

The deal, estimated at around $308 million (₹2,604 crore), was carried out through Quality Investment Holdings, which is Carlyle’s affiliate company. The shares — about 2.71 crore in total — were offered at a floor price of ₹960, which was 5% lower than the stock’s April 30 NSE closing price of ₹1,010.20.

This was a secondary market transaction, meaning the money went to Carlyle and not the company. The sale was managed by IIFL Capital Services.

Earlier, on November 13, 2024, Carlyle had sold 2.45 crore shares, or 9.43% of PNB Housing Finance, through a regular market transaction.

Read More, RailTel Q4FY25 Results: Net Profit Soars 46%, Revenue Up 57% Despite Stock Dip.  

Q4 FY25 Results Show Strong Growth

PNB Housing Finance posted solid financial results for the January–March quarter of FY25:

• Net profit rose by 25% year-on-year to ₹550 crore, up from ₹439 crore in the same quarter last year.

• Net Interest Income (NII) grew by 16.2% year-on-year, reaching ₹734 crore.

• In the affordable housing segment, loan disbursements doubled to ₹1,291 crore.

• In the prime housing segment, disbursements increased by 7%, reaching ₹4,141 crore.

Improved Asset Quality

The company also showed improvement in its loan quality:

• Gross Non-Performing Assets (NPA) dropped to 1.08% as of March 31, 2025, from 1.19% in December 2024 and 1.50% in March 2024.

• Net NPA declined to 0.69% in Q4.

• In the retail loan segment, Net NPA was reported at 0.70%.

This improvement suggests that fewer loans are going bad, which is a positive sign for investors.

About PNB Housing Finance

PNB Housing Finance, backed by Punjab National Bank (PNB), is a well-established player in the Indian housing finance industry.

It offers various loan products including:

• Home loans for individuals

• Loan against property

• Property loans for non-resident Indians (NRIs)

The company operates in 20 Indian states and Union Territories and is led by an experienced management team with expertise in banking, lending, insurance, and technology.

In recent years, the company has reduced its exposure to wholesale lending and is now focusing more on the retail segment, which includes individual borrowers and smaller loans.

Conclusion

With Carlyle’s complete exit and a strong quarterly performance, PNB Housing Finance is now in a stronger position to pursue retail-led growth. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                            

Investments in securities market are subject to market risks, read all the related documents carefully before investing.