Pnb Housing Finance Limited
PNB Housing was set up in 1988, as a deposit taking HFC registered with the National Housing Bank (NHB), promoted by PNB. In December 2009, PNB sold 49% stake in PNB Housing and entered into a strategic partnership with Destimoney Enterprises Pvt Ltd...
Key Metrics
EPS
58.07
Current ratio
0.61
Debt/Equity
3.84
Debt/EBITDA
28.64
Interest coverage ratio
-
Operating Cashflow to total debt
-0.08
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Strong capitalisation metrics
Established market position in the housing finance space
Brand-sharing benefits with PNB as a promoter
Improving earning profile
Liquidity: Strong
Cons
Improved asset quality; sustenance monitorable
Intense competition in the housing finance segment
Weakening of capitalisation metrics with steady state gearing remaining beyond 7 times
Weakening of earnings profile
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About Pnb Housing Finance Limited bond.
This comprehensive profile covers key factual information about Pnb Housing Finance Limited. PNB Housing was set up in 1988, as a deposit taking HFC registered with the National Housing Bank (NHB), promoted by PNB. In December 2009, PNB sold 49% stake in PNB Housing and entered into a strategic partnership with Destimoney Enterprises Pvt Ltd (owned by NSR Partners). During fiscal 2017, Destimoney Enterprises Ltd transferred equity shares in PNB Housing to its holding company i.e. Quality Investments Holdings (part of the Carlyle group) pursuant to in specific distribution of its assets as per winding up scheme. Subsequently, in April 2023, with the successful completion of the rights issue, Carlyle group has become the largest shareholder with 32.7% shareholding as on March 31, 2024 and PNB’s shareholding has reduced to 28.2% with the remaining shareholding being held by large domestic and foreign institutional investors. EPS in Mar-2024 was 58.07. Current ratio in Mar-2024 was 0.61. Debt/Equity in Mar-2024 was 3.84. Debt/EBITDA in Mar-2024 was 28.64. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was -0.08. Total revenue for Mar-2025 (E) was ₹7451.89. Net income for Mar-2025 (E) stood at ₹1801.50. Total assets as of Mar-2024 were ₹72404.85. Operating cash flow for Mar-2024 was ₹-4,661.51. The company’s borrowing relationships include Punjab National Bank (₹N/A Cr), (₹N/A Cr), HDFC Bank Limited (₹N/A Cr). Peers and comparison entities consist of Pnb Housing Finance Limited, LIC Housing Finance Limited, Aptus Value Housing Finance India Limited, Aavas Financiers Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Strong capitalisation metrics; Established market position in the housing finance space; Brand-sharing benefits with PNB as a promoter; Improving earning profile; Liquidity: Strong. Key risks include: Improved asset quality; sustenance monitorable; Intense competition in the housing finance segment; Weakening of capitalisation metrics with steady state gearing remaining beyond 7 times; Weakening of earnings profile. Leadership team details include Ajay Kumar Mohanty (Head), Amit Singh (Chief People Officer), Anshul Dalela (Head), Anubhav Rajput (Chief Information Officer), Anujai Saxena (Business Head), Atul Kumar Goel (Non Executive & Nominee Director), Bhavya Taneja (National Head), Dilip Kumar Jain (Non Executive & Nominee Director), Dilip Vaitheeswaran (Chief Sales Officer), Girish Kousgi (Managing Director & CEO), Gita Nayyar (Independent Director), Jatul Anand (Chief Credit Officer), Kapil Modi (Non Executive & Nominee Director), Krishna Kant (Chief Compliance Officer), Neeraj Manchanda (Chief Risk Officer), Neeraj Vyas (Non ExecutiveNon Independent Director), Nilesh S Vikamsey (Independent Director), Pavan Kaushal (Independent Director), R Chandrasekaran (Independent Director), Sudarshan Sen (Independent Director), Sunil Kaul (Non Executive & Nominee Director), T M Bhasin (Independent Director), Veena G Kamath (Company Secretary & Chief Compliance Officer), Vinay Gupta (Chief Financial Officer). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.