PNB Housing Finance (PNBHOUSING) investor relations material

Executive summary

• Retail loan book grew 16% YoY to INR 81,931 crore as of December 31, 2025, with Affordable and Emerging Markets segments comprising 39% of the retail book.

• Retail disbursements increased 16% YoY to INR 6,217 crore, with Affordable and Emerging Markets contributing about 50%.

• Pan-India presence with 358 branches, 79% focused on Affordable and Emerging Markets.

• Un-audited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, were approved and reviewed by the Board and Audit Committee on January 21, 2026.

• Statutory auditors issued unmodified review reports for both standalone and consolidated results.

Financial highlights

• Total loan book grew 14% YoY to INR 82,200 crore; retail loan book up 16% YoY.

• Net interest income for Q3 was INR 772 crore, up 11% YoY.

• Consolidated revenue from operations for Q3 FY26 was ₹2,119.02 crore, with total income at ₹2,120.66 crore.

• Consolidated net profit after tax for Q3 FY26 was ₹520.35 crore, up from ₹483.27 crore in Q3 FY25.

• Operating expenses rose 16.7% YoY to INR 240 crore, including a one-time labor code expense.

Outlook and guidance

• Retail loan growth guidance maintained at 17%-18%, with higher focus on affordable and emerging segments.

• NIM guidance remains at 3.6%-3.7%; ROA expected to be in the 2.5%-2.6% range.

• Strategic focus on growing retail loan assets, especially in high-yielding Emerging Markets and Affordable segments.

• Plans to maintain adequate capitalization and a diversified borrowing mix.

• No deviations or variations in the use of funds raised through equity or non-convertible debentures during the quarter.