PNB Housing Results Analysis-Q1FY26

Interest Earned for Q1FY26 is Rs. 1,980 Crs.,13.9% growth YoY, Net Interest Income is Rs. 760 Crs., 17% growth YoY, Net Interest Margin is 3.74% which is up by 9 basis Points only, Operating Profit Rs. 632 Crs., 17% growth YoY, PBT Rs. 688 Crs., 24% growth YoY, PAT Rs. 534 Crs., 23% growth YoY. For Q1FY26 Gross NPA 1.06% vs 1.35% in Q1FY25, Net NPA 0.69% vs 0.92% in Q1FY25. Good Improvement in asset quality. Retail Loan Asset grew by 18% YoY at INR 76,923 crore, Retail Disbursement grew by 14% YoY to INR 4,980 crore. Return on Assets for Q1FY26 is 2.57% which is improved by 20 bps YoY. On QoQ basis Interest Earned is up by 4% only, Net Interest Income is also up by 4%, However, Operating Profit is down by 2%, and PAT is also down by 3%. Results are continusly improving.