PNB HOUSING FINANCE LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 784.8 INR | +0.19% |
|
+1.67% | +0.51% |
| Apr. 08 | PNB Housing Finance Expands Distribution Network to 300 Branches in India | MT |
| Mar. 11 | PNB Housing Finance Limited Announces Additional Space as Extended Central Support Office | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 144,816 | 27,272 | 63,084 | 63,536 | 86,648 | 203,818 | - | - |
| Enterprise Value (EV) 1 | 144,816 | 27,272 | 63,084 | 63,536 | 86,648 | 203,818 | 203,818 | 203,818 |
| P/E ratio | 12.2 x | 4.22 x | 6.78 x | 7.61 x | 8.28 x | 13.6 x | 11.9 x | 9.95 x |
| Yield | - | - | - | - | - | 0.51% | 0.63% | 0.77% |
| Capitalization / Revenue | 5.75 x | 1.04 x | 2.5 x | 2.97 x | 3.29 x | 7.42 x | 6.37 x | 5.4 x |
| EV / Revenue | 5.75 x | 1.04 x | 2.5 x | 2.97 x | 3.29 x | 7.42 x | 6.37 x | 5.4 x |
| EV / EBITDA | 2,089,052 x | 1,281,417 x | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 1.92 x | 0.34 x | 0.71 x | 0.64 x | 0.79 x | 1.37 x | 1.24 x | 1.11 x |
| Nbr of stocks (in thousands) | 167,466 | 168,187 | 168,268 | 168,599 | 168,856 | 259,724 | - | - |
| Reference price 2 | 864.8 | 162.2 | 374.9 | 376.8 | 513.2 | 784.8 | 784.8 | 784.8 |
| Announcement Date | 5/9/19 | 6/13/20 | 4/27/21 | 4/28/22 | 5/18/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 25,168 | 26,146 | 25,243 | 21,363 | 26,311 | 27,479 | 32,009 | 37,721 |
| EBITDA | 69,321 | 21,282 | - | - | - | - | - | - |
| EBIT 1 | - | 20,624 | 20,689 | 16,603 | 20,522 | 20,800 | 24,578 | 29,628 |
| Operating Margin | - | 78.88% | 81.96% | 77.72% | 78% | 75.69% | 76.79% | 78.55% |
| Earnings before Tax (EBT) 1 | - | 8,110 | 12,070 | 10,840 | 13,609 | 18,562 | 22,163 | 26,483 |
| Net income 1 | 11,915 | 6,462 | 9,299 | 8,365 | 10,460 | 14,344 | 17,171 | 20,483 |
| Net margin | 47.34% | 24.72% | 36.84% | 39.16% | 39.75% | 52.2% | 53.64% | 54.3% |
| EPS 2 | 70.76 | 38.41 | 55.26 | 49.53 | 61.95 | 57.68 | 66.06 | 78.84 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | 3.975 | 4.975 | 6.025 |
| Announcement Date | 5/9/19 | 6/13/20 | 4/27/21 | 4/28/22 | 5/18/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6,501 | 6,835 | 5,900 | 5,516 | 4,995 | 4,951 | 4,817 | 7,196 | 8,002 | 6,297 | 6,602 | 6,322 | - | 6,722 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 5,505 | 5,387 | 4,748 | 4,330 | 3,832 | 3,693 | 3,594 | 5,837 | 6,217 | 4,874 | 5,072 | 5,176 | 5,628 | 5,219 |
| Operating Margin | 84.68% | 78.82% | 80.47% | 78.5% | 76.72% | 74.59% | 74.6% | 81.11% | 77.7% | 77.41% | 76.83% | 81.87% | - | 77.64% |
| Earnings before Tax (EBT) 1 | 2,938 | 1,881 | 3,152 | 2,912 | 2,537 | 2,238 | 3,111 | 3,404 | 3,669 | 3,425 | 4,467 | 4,646 | 5,043 | 4,686 |
| Net income 1 | 2,324 | 1,270 | 2,433 | 2,352 | 1,884 | 1,695 | 2,350 | 2,626 | 2,691 | 2,793 | 3,473 | 3,545 | 3,870 | 3,702 |
| Net margin | 35.75% | 18.58% | 41.23% | 42.64% | 37.73% | 34.24% | 48.77% | 36.5% | 33.63% | 44.35% | 52.61% | 56.07% | - | 55.08% |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 1/27/21 | 4/27/21 | 8/4/21 | 11/2/21 | 1/20/22 | 4/28/22 | 7/28/22 | 10/27/22 | 1/24/23 | 5/18/23 | 7/24/23 | - | - | - |
1INR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 16.9% | 8.32% | 10.9% | 8.9% | 10% | 11.1% | 11.1% | 11.8% |
| ROA (Net income/ Total Assets) | - | 0.79% | 1.2% | 1.22% | 1.58% | 2.06% | 2.2% | 2.26% |
| Assets 1 | - | 814,007 | 774,917 | 685,611 | 663,032 | 696,320 | 780,509 | 906,319 |
| Book Value Per Share 2 | 450.0 | 476.0 | 530.0 | 586.0 | 652.0 | 572.0 | 634.0 | 708.0 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 5/9/19 | 6/13/20 | 4/27/21 | 4/28/22 | 5/18/23 | - | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
784.8
INR
Average target price
883.1
INR
Spread / Average Target
+12.54%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +0.51% | 2.44B | |
| -10.40% | 82.67B | |
| -13.56% | 18.91B | |
| +10.53% | 13.78B | |
| +36.45% | 8.38B | |
| -13.66% | 6.22B | |
| -1.55% | 4.43B | |
| +23.36% | 4.36B | |
| -16.03% | 3.13B | |
| -6.71% | 2.57B |
- Stock Market
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- PNBHOUSING Stock
- Financials PNB Housing Finance Limited
