PNB Housing Finance Ltd. News and Updates

Name: Latest research reports of PNB Housing Finance Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: PNB Housing Finance Ltd.
Rating: 5
Author: Motilal Oswal

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PNB Housing Finance Ltd.

24 Jan 2019

1076.80

-0.69%

Growth robust, but spreads under pressure

Buy: PNB Housing Finance Ltd.

Motilal Oswal

PNB Housing Finances (PNBHF) 3QFY19 PAT increased 32% YoY to INR3.0b (14% beat). The beat was largely driven by higher-than-expected upfront income on loan assignment and MTM on the treasury book. Despite a tough and volatile environment, PNBHF disbursed INR93b worth of loans (+1% YoY). Repayment rate (annualized) continues to decline and hit a 24 January 2019 multi-quarter low of 21%, largely due to lower balance transfers in our view. As a result, AUM grew a healthy 38% to INR797b. PNBHF sold down INR27.1b worth of loans in the quarter, compared to INR31b in the previous quarter. The company recorded an upfront income of INR1.5b in 3QFY19 v/s INR617m in 2QFY19. The key negative surprise in the quarter came from loan spreads (calculated), which declined 17bp QoQ to a multi-quarter low of 1.77%. This was on account of ~60bp QoQ increase in cost of funds partially offset by ~40bp increase in loan yield.

PNB Housing Finance Ltd. has gained 34.64% in the last 1 Year

PNB Housing Finance Ltd.

16 Jan 2019

1076.80

-0.69%

Gaurs group raises Rs 640 cr from PNB Housing

Business Line

To complete two projects in Greater Noida

PNB Housing Finance Ltd. has gained 25.90% in the last 6 Months

PNB Housing Finance Ltd.

18 Dec 2018

1076.80

-0.69%

Carlyle seeks to double holding in PNB Housing, gain controlling stake

Business Standard

Carlyle is considering expanding its 32.4% holding after valuations for the housing finance company turned attractive

PNB Housing Finance Ltd. is trading above its 200 day SMA of 942.5

Carlyle seeks to double holding in PNB Housing Finance

livemint | 18 Dec 2018

PNB Housing Finance Ltd.

12 Nov 2018, 01:07PM

1076.80

-0.69%

PNB Housing Fin obtains refinance sanction of Rs 3,500 cr from NHB

livemint

PNB Housing Finance is engaged in the business of providing loans for purchase or construction of residential houses

PNB Housing Finance Ltd. has gained 34.64% in the last 1 Year

PNB Housing Finance obtains refinance sanction of Rs 3,500 cr from NHB

Business Line | 12 Nov 2018, 12:11PM 1 more

PNB Housing Finance Ltd.

07 Nov 2018

1076.80

-0.69%

PNB Housing: Efforts to shore up liquidity weigh on disbursements, margins

Business Standard

While increase in liquidity provides comfort in terms of asset-liability management, near-term margin pressure continues

Number of FII/FPI investors increased from 243 to 261 in Mar 2025 qtr.

PNB Housing Finance Ltd.

06 Nov 2018

1076.80

-0.69%

PNB Housing Finance Ltd | Q2FY19 Result Update

Buy: PNB Housing Finance Ltd.

Edelweiss

PNB Housing Finance (PNBHF) continued to report strong set of numbers this quarter amid headwinds in the housing finance sector, numbers were in line with our estimates on AUM.

PNB Housing Finance Ltd. is trading above its 200 day SMA of 942.5

PNB Housing Finance Ltd.

05 Nov 2018

1076.80

-0.69%

PNB Housing Finance Q2 net profit up 33% at 253 crore

livemint

PNB Housing Finance's total income during the second quarter was at 1,808.26 crore, up by 42% from year ago's 1,274.44 crore

PNB Housing Finance Ltd. has gained 25.90% in the last 6 Months

PNB Housing Fin Q2 profit up 33% to Rs 2.53 bn over high-interest income

Business Standard | 05 Nov 2018

PNB Housing Finance Ltd.

31 Oct 2018

1076.80

-0.69%

PNB Housing Finance raises Rs 2,450 cr

Business Line

PNB Housing Finance said on Wednesday it has raised Rs 2,450 crore through commercial papers (CP) amidst reports of tight liquidity situation in the

PNB Housing Finance .. has an average target of 1215.00 from 2 brokers.

PNB Housing Finance Ltd.

23 Oct 2018

1076.80

-0.69%

PNB Housing raises Rs 1,775 cr through CP sale

Economic Times

This month, the company raised the funds through CPs at less than 8 per cent and is looking to maintain the overall exposure of such instruments at 12-13 per cent