PNB Housing Finance Ltd

3 published calls

• Motilal OswalBUY07 Aug 2026

  1,1221,390+23.9%

  We estimate PNBHF to deliver a CAGR of 21%/13% in loans/PAT over FY26-28E and RoA/RoE of ~2.3%/13% in FY28E. Reiterate BUY with a TP of INR1,390 (based on 1.5x FY28E BVPS).

• ICICI SecuritiesBUY07 Aug 2026

  1,1221,350+20.3%

  We maintain BUY and our target price of INR 1,350, as PNB Housing Finance demonstrates strong AUM growth traction, stable Q1FY27 performance, and expects an upward trajectory in NIMs and disbursements driven by emerging, affordable, and corporate loan segments.

• Motilal OswalBUY06 Aug 2026

  1,1221,390+23.9%

  PNB Housing reported 1QFY27 PAT growth of 4% YoY to ~INR5.6b, in line with estimates. We estimate PNBHF to deliver a CAGR of 21%/13% in loans/PAT over FY26-28E and RoA/RoE of ~2.3%/13% in FY28E, reiterating our BUY rating with a target price of INR1,390.

Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.