Finance

PNB Housing Finance Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

PNB Housing Finance (NSE:PNBHOUSING) Full Year 2024 Results

Key Financial Results

  • Revenue: ₹29.9b (down 21% from FY 2023).
  • Net income: ₹15.1b (up 44% from FY 2023).
  • Profit margin: 50% (up from 28% in FY 2023). The increase in margin was driven by lower expenses.
  • EPS: ₹58.37.
NSEI:PNBHOUSING Earnings and Revenue Growth July 21st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

PNB Housing Finance Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Diversified Financial industry in India.

Performance of the Indian Diversified Financial industry.

The company’s shares are down 3.6% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for PNB Housing Finance that we have uncovered.

Valuation is complex, but we’re helping make it simple.

Find out whether PNB Housing Finance is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Valuation is complex, but we’re helping make it simple.

Find out whether PNB Housing Finance is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com


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