PNB Housing Finance earnings calls.

PNB Housing Finance delivered a strong Q2 FY26 with PAT growing 24Current reported value: 24. No comparable prior figure is available in the source record.% YoY to INR 582Current reported value: 582. No comparable prior figure is available in the source record. crores, driven by 17% retail loan book growth reaching INR 79,439 crores. The company maintained focus on high-yield affordable and emerging segments, which together grew 34% YoY and now constitute 38% of the retail book. Asset quality improved significantly with Gross NPA declining to 1.04%Current 1.04%. Reported change: -20bps YoY. from 1.24% YoY, supported by INR 59 crores recovery from the returning pool. The Roshni (affordable housing) business demonstrated exceptional momentum, with loan book surging 121% YoY to INR 6,531 crores. NIM guidance of 3.6-3.7% has been maintained for H2 FY26, with spread improving to 2.26%. Capital adequacy remains robust at 29.8% with Tier-1 at 29.2%. Management maintained its 17-18% loan book growth guidance for FY26. Key risk remains the unresolved CEO appointment, which management deflected without providing timeline. Additionally, the shift toward higher-risk self-employed (43%) and informal (30%) segments in affordable housing warrants monitoring as portfolio seasons.