PNB Housing Finance share price rises over 7% post large block deal; what we know so far

The block deal is estimated to be ₹2,603.9 crore at the floor price of ₹960 per equity share, which is a 5% discount on PNB Housing's closing price of ₹1,010 on Wednesday, CNBC-TV18 added.

PNB Housing Finance share price

The stock rose as much as 7.18% to ₹1,082.8 apiece on the National Stock Exchange (NSE) on Friday, May 2. At 9:37 am, it is up 5.87% to ₹1,069.5 per unit.

PNB Housing Finance Q4 results

On Monday, PNB Housing Finance recorded a 25% increase in its net profit to ₹550 crore in the fourth quarter of the financial year 2024-25, compared to ₹439 crore in the same quarter of the previous fiscal year.

Total income in the March FY25 quarter surged to ₹2,037 crore from ₹1,814 crore a year back.

Net interest income (NII) advanced 16% year-on-year (YoY) to ₹734 crore, while net interest margin (NIM) rose to 3.75% from ₹3.65%.

Assets under management (AUM) climbed 13% to ₹80,397 crore as of March 31, 2025. The gross non-performing assets (NPAs) were flat at 1.08%.

Commenting on the performance, Girish Kousgi, Managing Director and CEO, said, "During the financial year 2024-25, the company delivered strong performance across multiple parameters and surpassed its stated guidance for the year on growth, asset quality, and profitability. The retail loan asset grew by 18.2% YoY to ₹74,802 crore as of March 31, 2025, which was supported by growth in the affordable and emerging markets segment."

The company's board also recommended a dividend of ₹5 per share for FY25, subject to the shareholder’s approval at the upcoming annual general meeting.