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PNB Housing Finance Ltd. Stock Analysis

Mid Cap
Evaluated by 909 users | BSE: 540173 | NSE: PNBHOUSING |
Finance - Housing
The company was incorporated as “PNB Housing Finance Private Limited” on November 11, 1988, as a private limited company under the Companies Act, 1956, with a certificate of incorporation granted by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Pursuant to...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
PNB Housing Finance Ltd. has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Operating Income (Rs. Cr.)00000005,4897,6798,482
Y-o-Y Gr. Rt.-NANANANANANANA39.9%10.5%
Adjusted EPS (Rs.)
Adjusted Earning per Share is the company’s net profit per share after adjusting for extra-ordinary/exceptional items
000000050.4971.1538.42
Y-o-Y Gr. Rt.-NANANANANANANA40.9%-46%
Book Value per Share (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
0000000392.58447.11471.52
Y-o-Y Gr. Rt.-NANANANANANANA13.9%5.5%
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%): Colour Rating Guide
  • >1.25 : Very Good
  • 1-1.25 : Somewhat Good
  • <1: Not Good
Net Profit/Total Funds (%)00000001.331.620.8
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
PNB Housing Finance Ltd. should be analysed on a Consolidated basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Operating IncomeNANANA10.5%
Adjusted EPS
Adjusted Earnings per Share is the Company’s net profit per share after adjusting for extra-ordinary/exceptional items.
NANANA-46%
Book Value per Share
NANANA5.5%
Share Price - - -38.5% -46.4%
Key Financial Ratios
RATIOS \ YEARSMar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Asset Quality Ratio
To view Asset Quality Ratio Colour Rating Guide click here
Asset Quality Ratio: Colour Rating Guide
  • <0.5 : Very Good
  • 0.5-1 : Somewhat Good
  • >1 : Not Good
Net NPA to Net Advances (%)0000000000
Capitalization Ratio
To view Capitalization Ratio Colour Rating Guide click here
Capitalization Ratio: Colour Rating Guide
  • >14% : Very Good
  • 12%-14% : Somewhat Good
  • <12% : Not Good
Capital Adequacy Ratio (%)0000000000
Margins
Net Profit Margin (%) 000000015.3315.527.62
Performance Ratios
To view Performance Ratios Colour Rating Guide click here
Performance Ratios: Colour Rating Guide
  • >15 : Very Good
  • 12-15 : Somewhat Good
  • <12 : Not Good
Return on Equity (%) 000000012.8616.998.38
Entity Percentage Holding
Promoters 32.65%
Institutions 26.79%
Non-Institutions 40.55%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of PNB Housing Finance and arrived at the following conclusion:

Past 10 year's financial track record indicates that PNB Housing Finance is a average quality company. However, for specific investment actions please connect with your investment advisor.

Data is not available for this company.

Data is not available for this company

The company was incorporated as “PNB Housing Finance Private Limited” on November 11, 1988, as a private limited company under the Companies Act, 1956, with a certificate of incorporation granted by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Pursuant to the conversion of the company to a public limited company, its name was changed to “PNB Housing Finance Limited” and the RoC certified the change of name upon conversion to a public

The company was incorporated as “PNB Housing Finance Private Limited” on November 11, 1988, as a private limited company under the Companies Act, 1956, with a certificate of incorporation granted by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Pursuant to the conversion of the company to a public limited company, its name was changed to “PNB Housing Finance Limited” and the RoC certified the change of name upon conversion to a public limited company on December 30, 1989. The company offers its customers “housing loans” for the purchase, construction, extension or improvement of residential properties. The company’s target customers for its housing loans are salaried customers, whose main source of income is salary from their employment, and self-employed customers, whose main source of income is their profession or their business. It also offers housing loans in the form of construction finance loans to real estate developers of residential housing.

The company conducts its operations through an operating model. The company’s branches act as the primary point of sale and assist with the origination of loans, various collection processes, sourcing deposits and enhancing customer service, while its processing hubs and zonal offices provide support functions, such as loan processing, credit appraisal and monitoring, and its CSO supervises its operations nationally. The company’s enterprise system solution (ESS) integrates all activities and functions within its organisation under a single technology and data platform, bringing efficiencies to its back-end processes and enabling it to focus its resources on delivering quality services to its customers. The company’s branches, processing hubs, zonal offices and CSO are supported by its centralised operations (COPS) and central processing centre (CPC), which provide centralised and standardised back-end and administrative activities, payments and processing for its business, relying in turn on its ESS.

Business area of the company

The company offers its customers “housing loans” for the purchase, construction, extension or improvement of residential properties or for the purchase of residential plots, and “non-housing loans” in the form of loans against property (LAP) to property-owning customers through mortgages over their existing property and any additional security, if required; non-residential premises loans (NRPL) for the purchase or construction of non-residential premises; lease rental discounting (LRD) loans offered against rental receipts derived from lease contracts with commercial tenants; and corporate term loans (“CTL”), which are general purpose loans to developers and/or corporates for purposes of on-going projects or business needs.

Awards and accreditations

  • 2016: Awarded for Excellence in Corporate Social Responsibility by the Dainik Bhaskar Group.
  • 2016: Recognized as ET Best BFSI Brands 2016 by Economic Times.
  • 2015: Awarded for contribution to corporate social responsibility by CREDAI.
  • 2015: Best Apprenticeship / On the Job training program Gold Award at the 7th Annual Tata Institute of Social Sciences.
  • 2014: Recognised by Microsoft for being a pioneer investor in Cloud Services and Solutions in India.
  • 2014: National Award for excellence in Talent Management 2014.
  • 2014: Awarded for its Significant Contribution to Housing for the year 2013-2014 by Housing and Urban Development Corporation Limited.
  • 2014: Awarded for successful completion of 25 years of service by Dun & Bradstreet.
  • 2013: Awarded Special Commendation Award during the Best Change Interventions of Asia Seminar & Awards.

Major events and milestones

  • 1988: Incorporation of the company.
  • 2003: The company was notified under the SARFAESI Act.
  • 2006: Crossed the Rs 10,000.00 million loan portfolio.
  • 2009: PNB sold 26% of its stake in the total issued, subscribed and paid-up share capital of the Company to DEL.
  • 2010: Launched the business process re-engineering project, “Kshitij”.
  • 2012: DEL increased its shareholding to 49% in the company, pursuant to the conversion of CCDs issued to DEL in 2009.
  • 2012: Gross and net NPAs were brought lower than 0.50% of its asset portfolio.
  • 2013: Crossed Rs 10,000.00 million retail deposits.
  • 2013: AA+ rating by CRISIL of its NCDs and bank term loans and FAAA rating for its deposits.
  • 2014: Profit after tax crossed Rs 1,000.00 million and its portfolio crossed Rs 100,000.00 million.
  • 2014: AAA rating by CRISIL for NCD Borrowing program.
  • 2015: Implemented end-to-end Enterprise System Solution.
  • 2015: AAA rating by ICRA and India Ratings (Fitch Group) for NCD borrowing program.
  • 2016: Crossed Rs 27 billion loan portfolio and Rs 7 billion deposits.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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