PNB Housing Finance share price jumped 11% on Tuesday, April 21, after the company reported a strong Q4FY26 performance. The rally was driven by robust profit growth and improving asset quality, despite some pressure on margins.
The company posted a net profit of ₹656 crore for the quarter, up 19% year-on-year from ₹500 crore in the same period last year, supported by better operating leverage.
Net interest income (NII) rose 11% YoY to ₹810 crore, broadly in line with expectations. However, other income declined 10% to ₹120 crore, while operating expenses increased 17% to ₹250 crore.
Total income grew 6.6% YoY to ₹2,172 crore. Meanwhile, net interest margin (NIM) softened to 3.69% from 3.75% a year ago, indicating mild pressure on spreads.
For the full year, the company reported a net profit of ₹2,291 crore in FY26, marking an 18% increase from ₹1,936 crore in FY25.
Asset quality remained a key positive. Gross NPAs declined to 0.93% from 1.04% quarter-on-quarter, while net NPAs improved to 0.57% from 0.68%.
Assets under management (AUM) grew 13% YoY to ₹90,921 crore. The retail loan book expanded 16% to ₹86,946 crore, while the company also resumed corporate lending after a gap of nearly four years.
The company announced a final dividend of ₹8 per equity share (face value ₹10) for FY26, adding to investor sentiment.
The PNB share price has gained 24% over the past one month, though it remains down over 2% on a one-year basis. The stock is currently about 12% below its 52-week high of ₹1,141.85, while it had touched a low of ₹730 in March 2026. Over the last five years, it has delivered multibagger returns of around 240%.
Read more: Hyundai, TVS Motor Join Hands to Develop Electric Three-Wheelers for India.
The sharp rise in PNB share price reflects investor confidence in the company’s improving fundamentals, particularly profit growth and asset quality. While margin pressure remains a watchpoint, steady AUM growth and a healthier balance sheet support the overall outlook.
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.
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Published on: Apr 21, 2026, 11:14 AM IST
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