Our loan portfolio spans across Prime, Emerging Markets, and Affordable segments offering housing loans, and non-housing loans. Our wholly-owned subsidiary, PHFL Home Loans and Services Ltd., strengthens lastmile connectivity across urban and semi-urban India, advancing inclusive growth and financial access.

Promoted by Punjab National Bank and registered with the National Housing Bank, PNB Housing Finance combines strong institutional backing with deep market expertise.

We remain a catalyst in nationbuilding driven by innovation, robust governance and customer-centric solutions that empower millions to realise their homeownership aspirations.

Our strengths

Strong capitalisation metrics

Our financial metrics have strengthened over the past few years. As a result, our net worth rose to `16,863 crore as of 31<sup>st</sup> March 2025, from `14,974 crore a year earlier. Our Tier-I and overall capital adequacy ratios stood at 28.39% and 29.38%, respectively, as on 31^st March 2025 (compared to 27.90% and 29.26% as on 31^st March 2024), providing sufficient headroom to support our planned growth trajectory.

Leverage levels improved to 3.70x as of 31^st March 2025, from 3.68x as on 31^st March 2024. On a steady state basis we expect gearing to be in a range of 5-6x, reflecting our disciplined capital allocation and prudent balance sheet management.

Established market position

PNB Housing Finance, India's thirdlargest housing finance company, has regained growth momentum with rising disbursements and an expanding retail portfolio. After a strategic consolidation phase marked by a reduction in corporate book, we have shifted focus to building a robust retail franchise. Retail now constitutes an overwhelming majority of our loan asset, with growing emphasis on Prime, Emerging Markets and Affordable segments.

Improving earnings profile

PNB Housing Finance's profitability has strengthened, supported by stable margins, lower credit costs, and a shift towards high-yield segments like Affordable and Emerging Markets segments. While operating expenses have inched up due to expansion, overall returns have improved. Continued focus on high yielding segments while maintain the asset quality will be key to sustain this momentum.

Investment in digitalisation

Digitalisation is a key strength for PNB Housing Finance, enabling seamless customer onboarding, faster loan processing, efficient collections, and data-driven decisionmaking, enhancing customer experience, operational agility, and risk management while supporting scalable, technology-led growth across diverse market segments.