PNB Housing Finance share price surges on strong Q4 Results 2026(Pixabay)AI Quick ReadPNB Housing Finance share price surged 11% on Tuesday, 21 April, after the company reported a strong performance for the fourth quarter, with net profit rising 19% YoY to ₹656 crore from ₹500 crore in the corresponding period last year, supported by improved operating leverage.
It also announced a final dividend of ₹8 per equity share of face value ₹10 for the financial year ended March 31, 2026.
Net interest income (NII) grew around 11% YoY to ₹810 crore, broadly in line with estimates. However, other income declined about 10% YoY to ₹120 crore, while operating expenses rose 17% YoY to ₹250 crore. The company’s total income increased 6.6% to ₹2,172 crore in Q4FY26, compared with ₹2,037 crore in the year-ago quarter.
Meanwhile, for the full year, net profit stood at ₹2,291 crore in FY26, compared with ₹1,936 crore in the previous fiscal, reflecting a growth of 18%.
Net interest margin (NIM) for the quarter dipped to 3.69% from 3.75% in the year-ago period. Asset quality strengthened during the quarter, with GNPA declining to 0.93% from 1.04% QoQ, and net NPA falling to 0.57% from 0.68%.
The mortgage lender’s assets under management (AUM) expanded 13% YoY to ₹90,921 crore. Its retail loan book grew 16% to ₹86,946 crore, while the company resumed corporate lending after a gap of around four years.
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