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PNB Housing Finance

NSEI:PNBHOUSING
Snowflake Description

Very undervalued average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PNBHOUSING
NSEI
₹29B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

PNB Housing Finance Limited operates as a housing finance company in India. The last earnings update was 77 days ago. More info.


Add to Portfolio Compare Print
  • PNB Housing Finance has significant price volatility in the past 3 months.
PNBHOUSING Share Price and Events
7 Day Returns
0.2%
NSEI:PNBHOUSING
-0.6%
IN Mortgage
5.7%
IN Market
1 Year Returns
-79.8%
NSEI:PNBHOUSING
-31.8%
IN Mortgage
-26.5%
IN Market
PNBHOUSING Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
PNB Housing Finance (PNBHOUSING) 0.2% -34.7% -65.1% -79.8% -86.4% -
IN Mortgage -0.6% -22.5% -36.7% -31.8% -16.9% 9.7%
IN Market 5.7% -15.5% -26.4% -26.5% -18.9% -8.7%
1 Year Return vs Industry and Market
  • PNBHOUSING underperformed the Mortgage industry which returned -31.8% over the past year.
  • PNBHOUSING underperformed the Market in India which returned -26.5% over the past year.
Price Volatility
PNBHOUSING
Industry
5yr Volatility vs Market

PNBHOUSING Value

 Is PNB Housing Finance undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of PNB Housing Finance to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for PNB Housing Finance.

NSEI:PNBHOUSING Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 5 analysts.
= Stable Book Value * Return on Equity
= ₹579.34 * 12.3%
₹71.16
Book Value of Equity per Share Weighted future Book Value estimates from 5 analysts. ₹579.34
Discount Rate (Cost of Equity) See below 15.3%
Perpetual Growth Rate 10-Year IN Government Bond Rate 6.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:PNBHOUSING
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 6.5%
Equity Risk Premium S&P Global 7.9%
Mortgage Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.738 (1 + (1- 35%) (1941.74%))
1.122
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.48% + (1.122 * 7.85%)
15.29%

Discounted Cash Flow Calculation for NSEI:PNBHOUSING using Excess Returns Model Model

The calculations below outline how an intrinsic value for PNB Housing Finance is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NSEI:PNBHOUSING Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (12.3% – 15.29%) * ₹579.34)
₹-17.40
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ₹-17.40 / (15.29% - 6.48%)
₹-197.57
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ₹579.34 + ₹-197.57
₹381.77
NSEI:PNBHOUSING Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹381.77
Current discount Discount to share price of ₹169.60
= -1 x (₹169.60 - ₹381.77) / ₹381.77
55.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price PNB Housing Finance is available for.
Intrinsic value
>50%
Share price is ₹169.6 vs Future cash flow value of ₹381.77
Current Discount Checks
For PNB Housing Finance to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • PNB Housing Finance's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • PNB Housing Finance's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for PNB Housing Finance's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are PNB Housing Finance's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:PNBHOUSING PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in INR ₹75.53
BSE:540173 Share Price ** BSE (2020-04-09) in INR ₹169.6
India Mortgage Industry PE Ratio Median Figure of 12 Publicly-Listed Mortgage Companies 7.86x
India Market PE Ratio Median Figure of 2,616 Publicly-Listed Companies 9.64x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of PNB Housing Finance.

NSEI:PNBHOUSING PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:540173 Share Price ÷ EPS (both in INR)

= 169.6 ÷ 75.53

2.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PNB Housing Finance is good value based on earnings compared to the IN Mortgage industry average.
  • PNB Housing Finance is good value based on earnings compared to the India market.
Price based on expected Growth
Does PNB Housing Finance's expected growth come at a high price?
Raw Data
NSEI:PNBHOUSING PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
9.4%per year
India Mortgage Industry PEG Ratio Median Figure of 5 Publicly-Listed Mortgage Companies 0.23x
India Market PEG Ratio Median Figure of 399 Publicly-Listed Companies 0.85x

*Line of best fit is calculated by linear regression .

NSEI:PNBHOUSING PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 2.25x ÷ 9.4%

0.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PNB Housing Finance is good value based on expected growth next year.
Price based on value of assets
What value do investors place on PNB Housing Finance's assets?
Raw Data
NSEI:PNBHOUSING PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in INR ₹477.98
BSE:540173 Share Price * BSE (2020-04-09) in INR ₹169.6
India Mortgage Industry PB Ratio Median Figure of 15 Publicly-Listed Mortgage Companies 0.65x
India Market PB Ratio Median Figure of 3,614 Publicly-Listed Companies 0.65x
NSEI:PNBHOUSING PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:540173 Share Price ÷ Book Value per Share (both in INR)

= 169.6 ÷ 477.98

0.35x

* Primary Listing of PNB Housing Finance.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PNB Housing Finance is good value based on assets compared to the IN Mortgage industry average.
X
Value checks
We assess PNB Housing Finance's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check)
  5. PNB Housing Finance has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PNBHOUSING Future Performance

 How is PNB Housing Finance expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is PNB Housing Finance expected to grow at an attractive rate?
  • PNB Housing Finance's earnings growth is expected to exceed the low risk savings rate of 6.5%.
Growth vs Market Checks
  • PNB Housing Finance's earnings growth is positive but not above the India market average.
  • PNB Housing Finance's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:PNBHOUSING Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:PNBHOUSING Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 9.4%
NSEI:PNBHOUSING Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 1.1%
India Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 2%
India Mortgage Industry Revenue Growth Rate Market Cap Weighted Average -45.4%
India Market Earnings Growth Rate Market Cap Weighted Average 19.5%
India Market Revenue Growth Rate Market Cap Weighted Average 8.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:PNBHOUSING Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:PNBHOUSING Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 27,633 14,571 5
2021-03-31 24,940 13,802 5
2020-04-09
2020-03-31 26,570 11,637 5
NSEI:PNBHOUSING Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-12-31 27,998 12,681
2019-09-30 28,543 -74,050 13,340
2019-06-30 27,246 12,202
2019-03-31 25,533 -166,171 11,915
2018-12-31 24,427 10,516
2018-09-30 22,520 9,781
2018-06-30 20,867 9,005
2018-03-31 19,789 -156,636 8,412
2017-12-31 17,484 7,626
2017-09-30 15,858 6,829
2017-06-30 14,643 6,126
2017-03-31 12,999 -124,065 5,237

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • PNB Housing Finance's earnings are expected to grow by 9.4% yearly, however this is not considered high growth (20% yearly).
  • PNB Housing Finance's revenue is expected to grow by 1.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:PNBHOUSING Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from PNB Housing Finance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:PNBHOUSING Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 74.06 76.40 71.71 2.00
2021-03-31 75.00 99.49 62.30 3.00
2020-04-09
2020-03-31 66.58 69.26 63.90 2.00
NSEI:PNBHOUSING Past Financials Data
Date (Data in INR Millions) EPS *
2019-12-31 75.53
2019-09-30 79.55
2019-06-30 72.82
2019-03-31 71.19
2018-12-31 62.91
2018-09-30 58.59
2018-06-30 54.01
2018-03-31 50.52
2017-12-31 45.81
2017-09-30 42.06
2017-06-30 40.18
2017-03-31 36.72

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • PNB Housing Finance is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess PNB Housing Finance's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
PNB Housing Finance has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PNBHOUSING Past Performance

  How has PNB Housing Finance performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare PNB Housing Finance's growth in the last year to its industry (Mortgage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • PNB Housing Finance has delivered over 20% year on year earnings growth in the past 5 years.
  • PNB Housing Finance's 1-year earnings growth is less than its 5-year average (20.6% vs 37.1%)
  • PNB Housing Finance's earnings growth has exceeded the IN Mortgage industry average in the past year (20.6% vs 16.1%).
Earnings and Revenue History
PNB Housing Finance's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from PNB Housing Finance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:PNBHOUSING Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 27,998.10 12,680.70 3,781.00
2019-09-30 28,542.60 13,340.20 4,003.30
2019-06-30 27,245.90 12,202.00 4,102.40
2019-03-31 25,532.50 11,915.20 3,928.50
2018-12-31 24,427.30 10,515.90 4,113.10
2018-09-30 22,520.40 9,780.70 3,670.40
2018-06-30 20,867.10 9,004.50 3,189.80
2018-03-31 19,789.00 8,411.50 2,335.90
2017-12-31 17,484.00 7,626.00 2,258.10
2017-09-30 15,857.50 6,829.20 2,159.20
2017-06-30 14,643.30 6,125.80 2,094.20
2017-03-31 12,999.40 5,237.30 2,026.20
2016-12-31 11,378.28 4,749.86 1,707.69
2016-09-30 10,495.38 4,275.16 1,660.09
2016-06-30 9,697.99 3,671.94 1,821.58
2016-03-31 8,304.10 3,264.70 1,564.90
2015-12-31 6,954.24 2,789.60 1,354.56
2015-09-30 6,318.97 2,423.40 1,315.36
2015-06-30 5,343.87 2,112.10 1,280.16
2015-03-31 5,229.14 1,940.70 1,239.36
2014-12-31 4,344.44 1,783.63 809.28
2014-09-30 3,671.34 1,582.03 761.98
2014-06-30 3,316.24 1,404.38 671.43
2014-03-31 3,048.01 1,296.97 786.03
2013-12-31 639.68 1,132.96 494.57
2013-09-30 2,366.67 1,069.81 399.75
2013-06-30 2,150.62 992.46 374.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • PNB Housing Finance has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • PNB Housing Finance used its assets less efficiently than the IN Mortgage industry average last year based on Return on Assets.
  • Unable to establish if PNB Housing Finance improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess PNB Housing Finance's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
PNB Housing Finance has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PNBHOUSING Health

 How is PNB Housing Finance's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of PNB Housing Finance's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from PNB Housing Finance Company Filings, last reported 3 months ago.

NSEI:PNBHOUSING Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 80,352.70 553,871.70 43,301.50
2019-09-30 80,352.70 553,871.70 43,301.50
2019-06-30 75,439.00 598,517.80 43,041.80
2019-03-31 75,439.00 598,517.80 43,041.80
2018-12-31 69,196.30 511,154.40 42,013.20
2018-09-30 69,196.30 511,154.40 42,013.20
2018-06-30 63,055.40 555,302.80 28,169.30
2018-03-31 65,673.40 439,311.20 38,600.80
2017-12-31 58,802.30 470,905.80 4,313.00
2017-09-30 58,802.30 470,905.80 4,313.00
2017-06-30 55,773.10 362,748.80 1,514.70
2017-03-31 55,773.10 362,748.80 1,514.70
2016-12-31 23,794.50 325,489.80 11,190.30
2016-09-30 23,794.50 325,489.80 11,190.30
2016-06-30 22,404.78 305,661.30 19,754.72
2016-03-31 21,459.00 267,196.80 2,485.40
2015-12-31
2015-09-30 20,148.00 214,276.50 6,968.00
2015-06-30 16,376.10 192,311.80 5,877.00
2015-03-31 15,787.27 167,944.88 2,931.42
2014-12-31 12,180.20 134,876.40 1,820.30
2014-09-30 12,180.20 134,876.40 1,820.30
2014-06-30 9,759.40 119,961.40 2,552.60
2014-03-31 9,341.38 102,886.32 1,384.22
2013-12-31
2013-09-30
2013-06-30 6,207.96 68,923.57 1,884.89
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Unable to establish if PNB Housing Finance has an acceptable proportion of non-loan assets without balance sheet data.
  • Unable to establish if PNB Housing Finance's liabilities are primarily made up of low risk funding sources without deposits or liabilities data.
  • PNB Housing Finance reports no customer deposits, loans are made up entirely of borrowed funds.
  • PNB Housing Finance's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if PNB Housing Finance has a sufficient allowance for bad loans without relevant financial data.
  • Unable to establish if PNB Housing Finance has an acceptable level of bad loans without bad loans data.
X
Financial health checks
We assess PNB Housing Finance's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. PNB Housing Finance has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PNBHOUSING Dividends

 What is PNB Housing Finance's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.31%
Current annual income from PNB Housing Finance dividends. Estimated to be 4.24% next year.
If you bought ₹2,000 of PNB Housing Finance shares you are expected to receive ₹106 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • PNB Housing Finance's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.89%).
  • PNB Housing Finance's dividend is above the markets top 25% of dividend payers in India (3.79%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:PNBHOUSING Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
India Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1419 Stocks 1.8%
India Minimum Threshold Dividend Yield 10th Percentile 0.4%
India Bottom 25% Dividend Yield 25th Percentile 0.9%
India Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:PNBHOUSING Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 7.88 5.00
2021-03-31 6.49 5.00
2020-04-09
2020-03-31 7.87 5.00
NSEI:PNBHOUSING Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-06-28 9.000 2.033
2018-07-03 9.000 0.966
2018-05-03 9.000 0.752
2017-07-11 6.000 0.437

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, PNB Housing Finance has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but PNB Housing Finance only paid a dividend in the past 3 years.
Current Payout to shareholders
What portion of PNB Housing Finance's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (8.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (9x coverage).
X
Income/ dividend checks
We assess PNB Housing Finance's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can PNB Housing Finance afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. PNB Housing Finance has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PNBHOUSING Management

 What is the CEO of PNB Housing Finance's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sanjaya Gupta
COMPENSATION ₹22,972,261
AGE 55
TENURE AS CEO 9.8 years
CEO Bio

Mr. Sanjaya Gupta has been the Managing Director, Chief Executive Officer and Executive Director of PNB Housing Finance Limited since June 25, 2010. Mr. Gupta is responsible for the day to day administration and operations of PNB Housing Finance Limited. He serves as Managing Director of Nexus Venture Partners. His professional career started with HDFC Ltd. in 1987 as a Management Trainee. He worked there for 16 years in various geographies at a variety of strategic and functional positions lastly assignment with HDFC was as the Head of Business Development & Distribution. He worked with ABN AMRO Bank NV as India Business Head of Retail Mortgages and later got elevated as the Mortgage Operations Head for North America and other geographies. He also worked with Indian Shelter Finance corp Limited. His last assignment before PNBHFL was with United Guarantee (AIG Inc.) as the Country Head for India, a joint venture of NHB, ABD and IFC Washington DC. Throughout his career spanning over 32 years, he has been contributing to the ontogenesis of mortgage industry and allied risk management products across India. He has a distinction of establishing international housing finance branch operations for HDFC Ltd., which is also the industry's first. He is often consulted by the policy makers on key changes in the sector. He serves as a Director of India Shelter Finance Corporation Ltd. He served as a Nominee Director of Satin Creditcare Network Limited since August 21, 2017 until October 15, 2018. He serves as ADB nominated Director on the Board of HDFC Plc, Maldives. He is also a Fellow of the Royal Institution of Chartered Surveyors. Mr. Gupta holds a Post Graduate Degree in Business Management.

CEO Compensation
  • Sanjaya's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Sanjaya's remuneration is about average for companies of similar size in India.
Management Team

Sanjaya Gupta

TITLE
CEO, MD & Director
COMPENSATION
₹23M
AGE
55
TENURE
9.8 yrs

Kapish Jain

TITLE
Chief Financial Officer
COMPENSATION
₹8M
TENURE
2.2 yrs

Sanjay Jain

TITLE
Head of Compliance & Company Secretary
COMPENSATION
₹6M
AGE
54

Nitant Desai

TITLE
Chief Centralised Operation & Technology Officer
COMPENSATION
₹8M
AGE
56

Deepika Padhi

TITLE
Head of Investor Relations

Devesh Shukla

TITLE
Vice President of Law

Anshul Bhargava

TITLE
Chief People Officer
COMPENSATION
₹7M
AGE
52

D.K. Sonakya

TITLE
Senior Vice President of Information Technology

O. Madan

TITLE
Senior Vice President of GAD

A. Gandhi

TITLE
Senior Vice President of Insp
Board of Directors Tenure

Average tenure and age of the PNB Housing Finance board of directors in years:

4
Average Tenure
60
Average Age
  • The tenure for the PNB Housing Finance board of directors is about average.
Board of Directors

Sanjaya Gupta

TITLE
CEO, MD & Director
COMPENSATION
₹23M
AGE
55
TENURE
9.8 yrs

Nilesh Vikamsey

TITLE
Independent Director
COMPENSATION
₹2M
AGE
55
TENURE
4 yrs

Gourav Vallabh

TITLE
Independent Director
COMPENSATION
₹2M
AGE
42
TENURE
4 yrs

Shubhalakshmi Panse

TITLE
Independent Director
COMPENSATION
₹2M
AGE
65
TENURE
2.8 yrs

Shital Jain

TITLE
Independent Director
COMPENSATION
₹2M
AGE
80
TENURE
5.7 yrs

Sunil Kaul

TITLE
Non-Executive Director
AGE
59
TENURE
5.1 yrs

Ramakrishnan Chandrasekaran

TITLE
Independent Director
COMPENSATION
₹2M
AGE
61
TENURE
4.5 yrs

Ashwani Gupta

TITLE
Non-Executive Independent Director
COMPENSATION
₹2M
AGE
65
TENURE
2.9 yrs

Neeraj Vyas

TITLE
Independent Director
AGE
61
TENURE
1 yrs

Ch. S. S. Rao

TITLE
Non-Executive Director
AGE
57
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • PNB Housing Finance individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
28. Mar 20 Sell Rajan Suri Individual 20. Mar 20 25. Mar 20 -4,490 ₹206.09 ₹-795,519
17. Mar 20 Sell Rajan Suri Individual 12. Mar 20 12. Mar 20 -3,300 ₹241.13 ₹-794,464
24. Feb 20 Sell Rajan Suri Individual 06. Feb 20 20. Feb 20 -719 ₹450.46 ₹-317,801
24. Feb 20 Sell Rajan Suri Individual 18. Feb 20 18. Feb 20 -800 ₹407.50 ₹-326,000
24. Feb 20 Sell Rajan Suri Individual 31. Dec 19 19. Feb 20 -1,350 ₹432.85 ₹-574,726
31. Jan 20 Sell Ajay Gupta Individual 28. Jan 20 28. Jan 20 -5,000 ₹461.37 ₹-2,306,850
01. Feb 20 Sell Ajay Gupta Individual 31. Jan 20 31. Jan 20 -5,000 ₹441.41 ₹-2,207,041
02. Jan 20 Sell Rajan Suri Individual 27. Dec 19 27. Dec 19 -800 ₹430.90 ₹-344,720
31. Dec 19 Sell Rajan Suri Individual 26. Dec 19 26. Dec 19 -898 ₹430.00 ₹-386,140
06. Dec 19 Sell Sumant Chadha Individual 29. Nov 19 02. Dec 19 -4,700 ₹532.15 ₹-2,443,493
26. Nov 19 Sell Deepika Arora Individual 16. Aug 19 20. Nov 19 -2,400 ₹741.85 ₹-1,354,233
26. Nov 19 Sell Rajan Suri Individual 20. Nov 19 20. Nov 19 -1,200 ₹563.10 ₹-675,720
26. Nov 19 Sell Manoj Kumar Individual 20. Nov 19 20. Nov 19 -2,000 ₹576.00 ₹-1,152,000
21. Nov 19 Sell Ruchika Chawla Individual 19. Nov 19 19. Nov 19 -1,250 ₹574.00 ₹-703,500
21. Nov 19 Sell Rajan Suri Individual 13. Nov 19 19. Nov 19 -2,900 ₹557.16 ₹-1,615,045
21. Nov 19 Sell Jatul Anand Individual 19. Nov 19 19. Nov 19 -2,000 ₹571.00 ₹-1,142,000
21. Nov 19 Sell Shaji Varghese Individual 18. Nov 19 19. Nov 19 -7,500 ₹566.93 ₹-4,099,635
15. Nov 19 Sell Satish Singh Individual 11. Nov 19 11. Nov 19 -1,000 ₹568.00 ₹-568,000
13. Nov 19 Sell Rajan Suri Individual 11. Nov 19 11. Nov 19 -1,500 ₹564.25 ₹-846,375
13. Nov 19 Sell Ajay Gupta Individual 11. Nov 19 11. Nov 19 -5,000 ₹567.03 ₹-2,835,162
13. Nov 19 Sell Sandesh Tiwari Individual 07. Nov 19 07. Nov 19 -1,300 ₹580.08 ₹-754,104
08. Nov 19 Sell Rajan Suri Individual 05. Nov 19 05. Nov 19 -500 ₹578.31 ₹-289,155
08. Nov 19 Sell Shaji Varghese Individual 07. Nov 19 07. Nov 19 -10,000 ₹582.23 ₹-5,822,330
07. Nov 19 Sell Ruchika Chawla Individual 07. Nov 19 07. Nov 19 -500 ₹579.00 ₹-289,500
07. Nov 19 Sell Kanika Chawla Individual 04. Nov 19 04. Nov 19 -1,000 ₹550.00 ₹-550,000
07. Nov 19 Sell Shaji Varghese Individual 06. Nov 19 06. Nov 19 -10,000 ₹560.98 ₹-5,609,795
05. Nov 19 Sell Rajan Suri Individual 01. Nov 19 01. Nov 19 -200 ₹534.40 ₹-106,880
05. Nov 19 Sell Shivam Choudhary Individual 29. Oct 19 04. Nov 19 -257 ₹564.90 ₹-141,115
05. Nov 19 Sell Rajan Suri Individual 31. Oct 19 04. Nov 19 -700 ₹554.20 ₹-383,312
05. Nov 19 Sell Kanika Chawla Individual 31. Oct 19 31. Oct 19 -2,000 ₹535.58 ₹-1,071,158
01. Nov 19 Sell Prasanna Singh Individual 29. Oct 19 31. Oct 19 -5,400 ₹526.94 ₹-2,830,861
31. Oct 19 Sell Rajan Suri Individual 30. Oct 19 30. Oct 19 -700 ₹5,170.00 ₹-3,619,000
25. Oct 19 Sell Shivam Choudhary Individual 24. Oct 19 24. Oct 19 -1,880 ₹456.73 ₹-858,652
25. Oct 19 Sell Sandesh Tiwari Individual 04. Jul 19 23. Oct 19 -1,741 ₹807.22 ₹-934,798
18. Oct 19 Sell Prasanna Singh Individual 16. Oct 19 16. Oct 19 -4,000 ₹378.08 ₹-1,512,320
18. Oct 19 Sell Prasanna Singh Individual 16. Oct 19 16. Oct 19 -4,000 ₹378.08 ₹-1,512,320
18. Oct 19 Sell Sumant Chadha Individual 16. Oct 19 16. Oct 19 -4,500 ₹391.43 ₹-1,761,424
14. Oct 19 Sell Prasanna Singh Individual 11. Oct 19 11. Oct 19 -5,800 ₹503.29 ₹-2,918,982
07. Oct 19 Sell Satish Singh Individual 30. Sep 19 30. Sep 19 -2,500 ₹579.92 ₹-1,449,800
04. Oct 19 Sell Shivam Choudhary Individual 20. Sep 19 23. Sep 19 -1,800 ₹699.20 ₹-1,171,020
04. Oct 19 Sell Prasanna Singh Individual 23. May 19 25. Sep 19 -7,000 ₹870.35 ₹-5,495,002
01. Oct 19 Sell Rajan Suri Individual 27. Sep 19 27. Sep 19 -200 ₹628.66 ₹-125,732
01. Oct 19 Sell Mukesh Agarwal Individual 30. Sep 19 30. Sep 19 -2,028 ₹576.92 ₹-1,170,000
01. Oct 19 Sell Jatul Anand Individual 30. Sep 19 30. Sep 19 -1,000 ₹589.00 ₹-589,000
28. Sep 19 Sell Sheetal Kaul Individual 27. Sep 19 27. Sep 19 -1,000 ₹618.00 ₹-618,000
28. Sep 19 Sell Satish Singh Individual 24. Sep 19 25. Sep 19 -1,500 ₹647.24 ₹-968,149
24. Sep 19 Sell Satish Singh Individual 23. Sep 19 23. Sep 19 -1,500 ₹690.00 ₹-1,035,000
26. Sep 19 Sell Jatul Anand Individual 24. Sep 19 24. Sep 19 -500 ₹642.00 ₹-321,000
25. Sep 19 Sell Ankit Jain Individual 24. Sep 19 24. Sep 19 -1,000 ₹6,292.94 ₹-6,292,945
25. Sep 19 Sell Mukesh Agarwal Individual 19. Sep 19 19. Sep 19 -100 ₹590.00 ₹-59,000
24. Sep 19 Sell Deepika Arora Individual 20. Sep 19 20. Sep 19 -2,000 ₹656.03 ₹-1,312,052
24. Sep 19 Sell Ankit Jain Individual 22. Aug 19 23. Sep 19 -1,817 ₹648.00 ₹-1,172,509
24. Sep 19 Sell Rajan Suri Individual 20. Sep 19 23. Sep 19 -2,900 ₹704.54 ₹-1,896,723
24. Sep 19 Sell Nitin Chinda Individual 20. Sep 19 20. Sep 19 -1,500 ₹67.00 ₹-100,500
24. Sep 19 Sell Neha Mittal Individual 23. Sep 19 23. Sep 19 -1,000 ₹701.05 ₹-700,483
24. Sep 19 Sell Manoj Kumar Individual 23. Sep 19 23. Sep 19 -471 ₹710.70 ₹-334,740
24. Sep 19 Sell Shaji Varghese Individual 20. Sep 19 20. Sep 19 -1,000 ₹650.61 ₹-650,613
21. Sep 19 Sell Nitin Chinda Individual 20. Sep 19 20. Sep 19 -1,000 ₹626.22 ₹-626,220
21. Sep 19 Sell Ajay Gupta Individual 20. Sep 19 20. Sep 19 -19,000 ₹613.95 ₹-11,665,116
21. Sep 19 Sell Satish Singh Individual 20. Sep 19 20. Sep 19 -285 ₹613.56 ₹-174,865
21. Sep 19 Sell Nitin Chinda Individual 19. Sep 19 19. Sep 19 -461 ₹605.00 ₹-278,905
21. Sep 19 Sell Manoj Kumar Individual 20. Sep 19 20. Sep 19 -3,500 ₹655.30 ₹-2,293,550
21. Sep 19 Sell Jatul Anand Individual 19. Sep 19 20. Sep 19 -3,000 ₹633.33 ₹-1,900,000
21. Sep 19 Sell Anshul Bhargava Individual 20. Sep 19 20. Sep 19 -10,000 ₹652.04 ₹-6,520,370
21. Sep 19 Sell Nitant Desai Individual 20. Sep 19 20. Sep 19 -7,000 ₹613.85 ₹-4,296,945
19. Sep 19 Sell Shaji Varghese Individual 18. Sep 19 18. Sep 19 -4,000 ₹616.46 ₹-2,465,842
17. Sep 19 Sell Satish Singh Individual 12. Sep 19 12. Sep 19 -400 ₹644.00 ₹-257,600
17. Sep 19 Sell Shivam Choudhary Individual 16. Sep 19 16. Sep 19 -300 ₹650.00 ₹-195,000
17. Sep 19 Sell Nitin Chinda Individual 16. Sep 19 16. Sep 19 -1,000 ₹652.00 ₹-652,000
17. Sep 19 Sell Mukesh Agarwal Individual 09. Sep 19 11. Sep 19 -1,931 ₹643.75 ₹-1,241,107
13. Sep 19 Sell Shaji Varghese Individual 12. Sep 19 12. Sep 19 -2,000 ₹639.49 ₹-1,278,985
12. Sep 19 Sell Shaji Varghese Individual 11. Sep 19 11. Sep 19 -3,000 ₹642.77 ₹-1,928,317
10. Sep 19 Sell Bhavnish Parashar Individual 05. Aug 19 04. Sep 19 -1,890 ₹716.53 ₹-1,286,130
10. Sep 19 Sell Satish Singh Individual 09. Sep 19 09. Sep 19 -600 ₹642.67 ₹-385,600
10. Sep 19 Sell Nitin Chinda Individual 04. Sep 19 06. Sep 19 -1,901 ₹640.00 ₹-1,212,859
10. Sep 19 Sell Shaji Varghese Individual 05. Sep 19 05. Sep 19 -10,000 ₹636.32 ₹-6,363,213
09. Sep 19 Sell Shivam Choudhary Individual 03. Sep 19 03. Sep 19 -1,743 ₹637.38 ₹-1,110,955
05. Sep 19 Sell Satish Singh Individual 03. Sep 19 03. Sep 19 -800 ₹641.25 ₹-513,000
30. Aug 19 Sell Sheetal Kaul Individual 29. Aug 19 29. Aug 19 -2,000 ₹650.00 ₹-1,300,000
28. Aug 19 Sell Nitin Chinda Individual 27. Aug 19 27. Aug 19 -1,930 ₹666.55 ₹-1,286,450
26. Aug 19 Sell Ruchika Chawla Individual 23. May 19 16. Aug 19 -3,500 ₹901.92 ₹-2,767,266
26. Aug 19 Sell Rajan Suri Individual 22. Aug 19 22. Aug 19 -1,000 ₹673.66 ₹-673,665
26. Aug 19 Sell Nitin Chinda Individual 23. May 19 19. Aug 19 -2,750 ₹867.10 ₹-2,077,738
26. Aug 19 Sell Neha Mittal Individual 09. Aug 19 16. Aug 19 -1,650 ₹743.15 ₹-1,206,468
20. Aug 19 Sell Rajesh Banerjee Individual 14. Aug 19 14. Aug 19 -588 ₹720.53 ₹-423,671
19. Aug 19 Sell Ravi Arora Individual 16. Aug 19 16. Aug 19 -700 ₹731.33 ₹-511,932
19. Aug 19 Sell Manoj Kumar Individual 14. Aug 19 16. Aug 19 -600 ₹735.86 ₹-439,974
19. Aug 19 Sell Jatul Anand Individual 16. Aug 19 16. Aug 19 -1,500 ₹734.34 ₹-1,101,511
19. Aug 19 Sell Krishan Gopal Individual 16. Aug 19 16. Aug 19 -6,000 ₹730.00 ₹-4,358,550
19. Aug 19 Sell Nitant Desai Individual 01. Aug 19 16. Aug 19 -3,753 ₹748.88 ₹-2,755,416
19. Aug 19 Sell Sumant Chadha Individual 08. Aug 19 14. Aug 19 -2,600 ₹743.18 ₹-1,225,748
16. Aug 19 Sell Ravi Arora Individual 08. Aug 19 09. Aug 19 -4,074 ₹723.55 ₹-2,914,398
16. Aug 19 Sell Rajan Suri Individual 09. Aug 19 09. Aug 19 -500 ₹737.00 ₹-368,500
16. Aug 19 Sell Ajay Gupta Individual 13. Aug 19 14. Aug 19 -5,000 ₹720.01 ₹-3,591,394
13. Aug 19 Sell Pavan Bokade Individual 09. Aug 19 09. Aug 19 -3,000 ₹72.10 ₹-216,300
13. Aug 19 Sell Krishan Gopal Individual 08. Aug 19 08. Aug 19 -5,000 ₹703.65 ₹-3,518,250
16. Jul 19 Sell Anshul Bhargava Individual 21. May 19 27. May 19 -15,000 ₹879.12 ₹-12,152,658
03. Jul 19 Sell Rajesh Banerjee Individual 28. Jun 19 28. Jun 19 -550 ₹773.74 ₹-425,557
03. Jul 19 Sell Mukesh Agarwal Individual 23. May 19 28. Jun 19 -13,128 ₹821.36 ₹-10,246,987
03. Jul 19 Sell Manoj Kumar Individual 27. Jun 19 28. Jun 19 -4,775 ₹781.50 ₹-3,718,159
01. Jul 19 Sell Pankaj Jain Individual 28. Jun 19 28. Jun 19 -10,190 ₹778.46 ₹-7,932,550
01. Jul 19 Sell Ravi Arora Individual 21. Jun 19 28. Jun 19 -2,500 ₹800.00 ₹-1,996,064
01. Jul 19 Sell Jatul Anand Individual 28. Jun 19 28. Jun 19 -2,500 ₹781.20 ₹-1,953,000
01. Jul 19 Sell Ajay Gupta Individual 28. Jun 19 28. Jun 19 -25,000 ₹780.81 ₹-19,520,249
28. Jun 19 Sell Sheetal Kaul Individual 24. Jun 19 24. Jun 19 -1,000 ₹805.00 ₹-805,000
25. Jun 19 Sell Rajesh Banerjee Individual 21. Jun 19 25. Jun 19 -400 ₹810.00 ₹-317,922
25. Jun 19 Sell Rajan Suri Individual 21. Jun 19 24. Jun 19 -2,000 ₹803.11 ₹-1,591,516
25. Jun 19 Sell Nitant Desai Individual 24. Jun 19 24. Jun 19 -2,000 ₹805.90 ₹-1,611,800
21. Jun 19 Sell Shaji Varghese Individual 20. Jun 19 20. Jun 19 -7,000 ₹781.71 ₹-5,471,947
18. Jun 19 Sell Ravi Arora Individual 10. Jun 19 10. Jun 19 -500 ₹814.00 ₹-407,000
15. Jun 19 Sell Krishan Gopal Individual 21. May 19 27. May 19 -13,000 ₹868.26 ₹-10,699,210
15. Jun 19 Sell Shaji Varghese Individual 13. Jun 19 13. Jun 19 -10,000 ₹806.26 ₹-8,062,572
13. Jun 19 Sell Shaji Varghese Individual 12. Jun 19 12. Jun 19 -5,000 ₹809.20 ₹-4,045,980
12. Jun 19 Sell Nitant Desai Individual 24. May 19 04. Jun 19 -3,500 ₹849.15 ₹-2,922,794
12. Jun 19 Sell Kanika Chawla Individual 06. Jun 19 06. Jun 19 -4,000 ₹835.05 ₹-3,340,193
12. Jun 19 Sell Ajay Gupta Individual 24. May 19 24. May 19 -6,850 ₹855.91 ₹-5,862,993
31. May 19 Sell Manoj Kumar Individual 24. May 19 24. May 19 -1,304 ₹858.19 ₹-1,119,082
06. Jun 19 Sell Vimal Chawla Individual 20. May 19 03. Jun 19 -21,000 ₹832.90 ₹-17,435,853
06. Jun 19 Sell Rajesh Banerjee Individual 03. Jun 19 03. Jun 19 -300 ₹850.00 ₹-255,000
29. May 19 Sell Vimal Chawla Individual 27. May 19 27. May 19 -5,000 ₹856.00 ₹-4,280,000
29. May 19 Sell Rajesh Banerjee Individual 23. May 19 24. May 19 -3,150 ₹841.24 ₹-2,623,554
29. May 19 Sell Rajan Suri Individual 28. May 19 29. May 19 -2,000 ₹873.70 ₹-1,734,444
29. May 19 Sell Shaji Varghese Individual 27. May 19 27. May 19 -10,000 ₹855.23 ₹-8,552,294
27. May 19 Sell Bhavnish Parashar Individual 23. May 19 24. May 19 -1,600 ₹833.78 ₹-1,334,050
27. May 19 Sell Arun Garg Individual 23. May 19 24. May 19 -1,700 ₹831.18 ₹-1,413,000
27. May 19 Sell Vimal Chawla Individual 23. May 19 23. May 19 -3,000 ₹815.40 ₹-2,446,190
27. May 19 Sell Satish Singh Individual 23. May 19 23. May 19 -468 ₹820.00 ₹-383,760
27. May 19 Sell Ravi Arora Individual 23. May 19 23. May 19 -2,500 ₹818.00 ₹-2,045,000
27. May 19 Sell Rajesh Banerjee Individual 21. May 19 21. May 19 -1,000 ₹795.50 ₹-795,500
27. May 19 Sell Rajan Suri Individual 23. May 19 24. May 19 -1,500 ₹857.03 ₹-1,246,302
27. May 19 Sell Jatul Anand Individual 24. May 19 24. May 19 -1,000 ₹853.00 ₹-853,000
27. May 19 Sell Nitant Desai Individual 23. May 19 23. May 19 -4,000 ₹817.26 ₹-3,269,031
27. May 19 Sell Ajay Gupta Individual 23. May 19 23. May 19 -2,000 ₹819.00 ₹-1,638,000
27. May 19 Sell Shaji Varghese Individual 23. May 19 23. May 19 -10,000 ₹818.13 ₹-8,181,267
23. May 19 Sell Bhaskara Satyanarayan Individual 22. May 19 22. May 19 -2,000 ₹789.00 ₹-1,578,000
23. May 19 Sell Vimal Chawla Individual 22. May 19 22. May 19 -1,000 ₹796.28 ₹-796,280
23. May 19 Sell Ravi Arora Individual 22. May 19 22. May 19 -1,963 ₹795.00 ₹-1,560,585
23. May 19 Sell Kanika Chawla Individual 20. May 19 20. May 19 -2,000 ₹778.89 ₹-1,557,779
23. May 19 Sell Ajay Gupta Individual 22. May 19 22. May 19 -2,000 ₹791.81 ₹-1,583,620
22. May 19 Sell Ashutosh Sharma Individual 20. May 19 20. May 19 -500 ₹779.06 ₹-389,530
22. May 19 Sell Vinod Reddy Individual 16. May 19 17. May 19 -12,000 ₹766.73 ₹-9,028,138
22. May 19 Sell Satish Singh Individual 20. May 19 21. May 19 -4,532 ₹797.24 ₹-3,584,274
22. May 19 Sell Rajan Suri Individual 21. May 19 21. May 19 -1,000 ₹800.00 ₹-800,000
22. May 19 Sell Nitant Desai Individual 20. May 19 21. May 19 -4,300 ₹789.84 ₹-3,378,573
22. May 19 Sell Ajay Gupta Individual 20. May 19 20. May 19 -15,000 ₹782.71 ₹-11,740,584
22. May 19 Sell Shaji Varghese Individual 20. May 19 21. May 19 -22,723 ₹791.80 ₹-17,551,759
21. May 19 Sell Rajesh Banerjee Individual 20. May 19 20. May 19 -550 ₹775.00 ₹-426,250
21. May 19 Sell Ajay Gupta Individual 17. May 19 17. May 19 -18,384 ₹743.73 ₹-13,672,725
17. May 19 Sell Ashutosh Sharma Individual 15. May 19 15. May 19 -5,000 ₹777.32 ₹-3,886,608
17. May 19 Sell Vinod Reddy Individual 15. May 19 15. May 19 -1,937 ₹770.64 ₹-1,492,738
17. May 19 Sell Vimal Chawla Individual 15. May 19 15. May 19 -3,000 ₹767.27 ₹-2,298,270
17. May 19 Sell Ajay Gupta Individual 15. May 19 15. May 19 -4,375 ₹779.35 ₹-3,409,645
17. May 19 Sell Sanjaya Gupta Individual 15. May 19 16. May 19 -87,500 ₹765.08 ₹-66,894,023
17. May 19 Sell Shaji Varghese Individual 15. May 19 15. May 19 -5,000 ₹757.19 ₹-3,785,935
15. May 19 Sell Shaji Varghese Individual 13. May 19 13. May 19 -5,000 ₹816.90 ₹-4,084,482
X
Management checks
We assess PNB Housing Finance's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. PNB Housing Finance has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PNBHOUSING News

Simply Wall St News

Did Changing Sentiment Drive PNB Housing Finance's (NSE:PNBHOUSING) Share Price Down By 22%?

That downside risk was realized by PNB Housing Finance Limited (NSE:PNBHOUSING) shareholders over the last year, as the share price declined 22%. … In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. … During the unfortunate twelve months during which the PNB Housing Finance share price fell, it actually saw its earnings per share (EPS) improve by 37%.

Simply Wall St -

Need To Know: PNB Housing Finance Limited (NSE:PNBHOUSING) Insiders Have Been Selling Shares

So we'll take a look at whether insiders have been buying or selling shares in PNB Housing Finance Limited (NSE:PNBHOUSING). … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'. … PNB Housing Finance Insider Transactions Over The Last Year.

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Is It Too Late To Consider Buying PNB Housing Finance Limited (NSE:PNBHOUSING)?

PNB Housing Finance Limited (NSE:PNBHOUSING), operating in the financial services industry based in India,. … As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … Let’s take a look at PNB Housing Finance’s outlook and value based on the most recent financial data to see if the opportunity still exists

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Is It Too Late To Buy PNB Housing Finance Limited (NSE:PNBHOUSING) At Its November Price?

PNB Housing Finance Limited (NSE:PNBHOUSING) is a stock well-positioned for future growth, but many investors are wondering whether its last closing price of ₹800.3 is based on unrealistic expectations. … View our latest analysis for PNB Housing Finance? … PNB Housing Finance is poised for significantly high earnings growth in the near future

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Is PNB Housing Finance Limited's (NSE:PNBHOUSING) CEO Paid At A Competitive Rate?

Sanjaya Gupta took the helm as PNB Housing Finance Limited's (NSE:PNBHOUSING) CEO and grew market cap to ₹215.93b recently. … Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor.

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Will PNB Housing Finance Limited's (NSE:PNBHOUSING) Earnings Grow Over The Next Few Years?

PNB Housing Finance Limited's (NSE:PNBHOUSING) most recent earnings update in March 2018a … revealed

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Intrinsic Calculation For PNB Housing Finance Limited (NSE:PNBHOUSING) Shows Investors Are Overpaying

One of the most difficult industry to value is mortgage and thrift financing, given that they adhere to different rules compared to other companies. … For instance, these lenders must hold a certain level of cash reserves on the books as a safety precaution.

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How PNB Housing Finance Limited (NSE:PNBHOUSING) Can Add Value To Your Portfolio

PNB Housing Finance Limited (NSE:PNBHOUSING) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … In the case of PNBHOUSING, it

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What Should Investors Know About PNB Housing Finance Limited's (NSE:PNBHOUSING) Future?

Below, I've laid out key numbers on how market analysts view PNB Housing Finance's earnings growth trajectory over the next few years and whether the future looks even brighter than the past. … See our latest analysis for PNB Housing Finance Market analysts' consensus outlook for next year seems positive, with earnings rising by a robust 32.11%. … NSEI:PNBHOUSING Future Profit May 17th 18 Even though it’s helpful to be aware of the rate of growth year by year relative to today’s level, it may be more insightful determining the rate at which the earnings are rising or falling on average every year.

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Will PNB Housing Finance Limited's (NSE:PNBHOUSING) Earnings Grow Over The Next Year?

After PNB Housing Finance Limited's (NSEI:PNBHOUSING) earnings announcement in March 2018, it seems that analyst forecasts are fairly optimistic, with earnings expected to grow by 27.04% in the upcoming year, though this is relatively lower than the past 5-year average earnings growth of 40.33%. … To get an idea of the overall earnings growth trend for PNBHOUSING, I’ve plotted out each year’s earnings expectations and inserted a line of best fit to determine an annual rate of growth from the slope of this line. … NSEI:PNBHOUSING Future Profit May 9th 18 This results in an annual growth rate of 25.97% based on the most recent earnings level of ₹8.29B to the final forecast of ₹19.42B by 2021.

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PNBHOUSING Company Info

Description

PNB Housing Finance Limited operates as a housing finance company in India. The company offers housing loans for the purchase, construction, repair, and renovation of houses/ flats/commercial properties, etc.; loans for commercial spaces; loans against property; loans for purchase of residential plots; loans for purchase, construction, and extension of dwelling units; home loans for nonresident Indians and persons of Indian origin; Unnati home loans; and credit linked subsidy scheme for economical weaker section, and lower and middle income groups. It also provides non home loans, including loans for purchase/construction of commercial properties, residential/commercial immovable property mortgage loans, lease rental discounting loans, and loans for real estate developers. In addition, the company offers fixed deposits. As of March 31, 2019, it operated 102 branches and 23 hubs in 62 cities. The company was founded in 1988 and is headquartered in New Delhi, India.

Details
Name: PNB Housing Finance Limited
PNBHOUSING
Exchange: NSEI
Founded: 1988
₹28,524,499,596
168,186,908
Website: http://www.pnbhousing.com
Address: PNB Housing Finance Limited
Antriksh Bhawan,
9th Floor,
New Delhi,
Delhi, 110001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 540173 Equity Shares Mumbai Stock Exchange IN INR 07. Nov 2016
NSEI PNBHOUSING Equity Shares National Stock Exchange of India IN INR 07. Nov 2016
Number of employees
Current staff
Staff numbers
1,609
PNB Housing Finance employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 14:10
End of day share price update: 2020/04/09 00:00
Last estimates confirmation: 2020/04/01
Last earnings filing: 2020/01/23
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.