PNB Housing Finance Q2 FY27: Transcript of Earnings Call Released; CRISIL Upgrades Rating to AAA
PNB Housing Finance released its Q2 FY27 earnings call transcript. The company's credit rating was upgraded to AAA by CRISIL. Q2 FY27 saw a 60% YoY growth in disbursements to ₹9,609 crore, with retail disbursements up 54% YoY. The loan book grew 19% YoY to ₹95,079 crore. Profit After Tax rose 6% YoY to ₹617 crore.
The credit rating upgrade to AAA by all major agencies and strong financial growth metrics like 60% disbursement growth and 19% loan book growth are significant positive developments that will likely impact investor confidence and the company's borrowing costs.
The company reported strong financial performance with significant growth in disbursements and loan book, an improvement in asset quality, and a credit rating upgrade to AAA by CRISIL, all indicating a positive outlook.
PNB Housing Finance Limited has released the transcript of its Earnings Conference Call held on October 28, 2026, discussing the Un-audited Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026. The company announced a significant achievement with CRISIL upgrading its credit rating to AAA with a stable outlook, making it AAA-rated by all four leading domestic rating agencies. The call highlighted a strong Q2 FY27 performance, with overall disbursements growing 60% year-on-year to ₹9,609 crore, and retail disbursements reaching an all-time high of ₹9,250 crore, a 54% YoY increase. The loan book grew by 19% YoY to ₹95,079 crore. Gross NPA improved to 0.91% and the spread increased to 2.43%. The company also detailed its strategic initiatives, including the launch of its Micro Housing business and strengthening its affordable housing outreach through PMAY Yatra and nodal branches. Technological advancements, including AI and Agentic AI POCs, were also discussed as key focus areas for future deployment.
During the call, the management discussed the industry outlook, noting strong structural drivers for the housing finance sector. They also addressed financial performance, with Profit After Tax for the quarter growing 6% YoY to ₹617 crore. The company's capital position remains strong with a capital adequacy ratio of 27.03%. Management expressed confidence in delivering sustainable growth by focusing on profitable growth, increasing the retail segment's share, strengthening portfolio quality, and leveraging technology. The call also included discussions on interest rate sensitivity, asset quality trends, and fee income drivers, with management indicating plans to pass on increased borrowing costs through lending rate adjustments.
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PNB Housing Finance Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by PNB Housing Finance Limited. Read the original for the full detail.