PNB Housing Finance reported consolidated audited results for the quarter and financial year ended 31 March 2026 after approval by the board of directors. Loan assets stood at Rs 873.47 bn and assets under management reached Rs 909.21 bn, representing year on year growth of thirteen per cent. The retail loan asset expanded to Rs 869.46 bn, accounting for ninety nine point five per cent of total loan assets and reflecting continued focus on mass housing financing.

Quarterly disbursements rose strongly, with Q4 disbursements at Rs 93.55 bn and retail disbursements hitting an all time high of Rs 90.20 bn; full year disbursements were Rs 265.48 bn. The quarter included Rs 3.35 bn from the disciplined re-entry into corporate lending, underlining a calibrated approach to growth across segments. The affordable and emerging markets portfolio expanded by twenty eight per cent year on year and contributed forty per cent to the retail book.

Net interest income improved to Rs 8.13 bn in the quarter and Rs 31.10 bn for the year, while net profit after tax rose to Rs 6.56 bn in Q4 and to Rs 22.91 bn for FY26 driven by operating leverage. Net interest margin increased to 3.69 per cent in Q4 and borrowing cost improved to 7.35 per cent sequentially. Spread softened by ten basis points sequentially to 2.12 per cent due to lower incremental yields.

Asset quality strengthened with gross non performing assets reduced to 0.93 per cent as at 31 March 2026 and recoveries from the written off pool of Rs 3.32 bn delivered a negative credit cost of minus 0.45 per cent for the year. Return on assets improved to 2.66 per cent and return on equity rose to 12.73 per cent, reflecting healthier profitability metrics.

The network comprised 393 branches with 37 additions during the year and capital adequacy remained robust with a capital risk adequacy ratio of 27.26 per cent and Tier I at 26.89 per cent. The board recommended a dividend of Rs eight per equity share with a face value of Rs ten, subject to shareholder approval.

The managing director and chief executive officer characterised FY26 as a year of resilient and balanced growth, highlighting the strategic restart of corporate lending, continued technology enablement and delivery of over 5,000 subsidy benefits under the Pradhan Mantri Awas Yojana during the year.