Press Release

PNBHFL/SE/EQ/FY2026-27/90 October 28, 2026 BSE Limited National Stock Exchange of India Limited Listing Department, Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza Dalal Street, Bandra Kurla Complex, Mumbai – 400001 Bandra (E), Mumbai – 400051 Scrip Code: 540173 Symbol: PNBHOUSING Dear Sir(s), Sub: Press Release on the financial performance of the Company for the quarter and half year ended September 30, 2026 Ref: Our letter PNBHFL/SE/EQ/FY2026-27/89 dated October 28, 2026 Please find enclosed the Press Release on the financial performance of the Company for the quarter and half year ended September 30, 2026. This press release is submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the same shall also be available on the website of the Company at https://www.pnbhousing.com Kindly take the above document on record. Thanking you, Yours faithfully, For PNB Housing Finance Limited Veena G Kamath Company Secretary Encl: As above Regd. Office: 9th Floor, Antriksh Bhawan, 22 K G Marg, New Delhi – 110 001 Phone: 011-66030500, E-mail: investor.services@pnbhousing.com, Website: www.pnbhousing.com CIN: L65922DL1988PLC033856 Public Press Release For Immediate Release 28th October 2026, New Delhi Consolidated Audited Financial Results for Q2 & H1 FY2026-27 ended 30th September 2026 The Board of Directors of PNB Housing Finance Limited today approved the Consolidated Audited Financial Results for the quarter and half year ended 30th September 2026. Key Performance Metrics for Q2 & H1 FY27 Q2 Q1 Growth Q2 Growth H1 H1 Growth Particulars FY27 FY27 (%) FY26 (%) FY27 FY26 (%) Loan Assets 95,079 89,670 6% 79,771 19% 95,079 79,771 19% Disbursement 9,609 6,029 59% 5,995 60% 15,638 10,975 42% Net Interest 878 803 9% 765 15% 1,681 1,525 10% Income PAT 617 557 11% 582 6% 1,174 1,115 5% NIM 3.67% 3.50% 17 bps 3.67% 0 bps 3.58% 3.70% -12 bps Opex to ATA 1.03% 0.99% 4 bps 1.02% 1 bps 1.02% 1.02% 0 bps ROA 2.53% 2.37% 15 bps 2.73% -20 bps 2.44% 2.65% -21 bps ROE 12.33% 11.44% 89 bps 13.14% -81 bps 11.89% 12.77% -88 bps GNPA 0.91% 0.95% -4 bps 1.04% -13 bps 0.91% 1.04% -13 bps Retail disbursements reached an all-time high of INR 9,250 crore, registering a growth of 54% YoY and 59% sequentially Performance Highlights Loan Portfolio • Assets Under Management stood at INR 98,210 crore as on 30 September 2026, registering a growth of 17% YoY • Loan Asset increased by 19% YoY to INR 95,079 crore as on 30 September 2026. Retail Loan Asset stood at INR 94,391 crore, reflecting the growth of 19% YoY • Affordable and Emerging Markets segment grew by 45% and 22% YoY respectively, and together contributed 41% to the Retail Loan Asset. Disbursements • Total disbursements for Q2 FY27 stood at INR 9,609 crore, reflecting a growth of 60% YoY • Retail disbursements reached an all-time high of INR 9,250 crore, registering a growth of 54% YoY • Corporate disbursement for Q2 FY27 stood at INR 360 crore Regd. Office: 9th Floor, Antriksh Bhavan, 22 Kasturba Gandhi Marg, New Delhi – 110 001 Phone: 011 – 23736857, E-mail: loans@pnbhfl.com, Website: www.pnbhfl.com CIN: L65922DL1988PLC033856 Public Asset Quality • Asset quality continued to strengthen, with Gross Non-Performing Assets (GNPA) improving to 0.91% as on 30 September 2026 • Recovered 75 crore during Q2 FY27 from total written off pool, resulting in credit cost of -19 basis points Profitability • Net profit for Q2 FY27 grew by 6% YoY to INR 617 crore • Spread improved by 31 basis points QoQ to 2.43% in Q2 FY27 • Yield on loans increased by 26 basis points QoQ to 9.74% during the quarter • Cost of borrowing improved by 5 basis points QoQ to 7.31% in Q2 FY27 • Net Interest Margin expanded by 17 basis points QoQ to 3.67% in Q2 FY27 • Opex to ATA stood at 1.03% in Q2 FY27. • ROA for Q2 FY27 stood at 2.53% and ROE at 12.33%. • The Company's distribution network comprised 404 branches across India as on 30 September 2026 • Capital Risk Adequacy Ratio remained strong at 27.03% as on 30 September 2026; with Tier I at 26.62%. Commenting on the performance Mr. Ajai Shukla, Managing Director & CEO said: “Q2 FY27 has been another encouraging quarter for PNB Housing Finance as we continued to deliver consistent growth across business parameters. Our focus on granular retail expansion, particularly in the Affordable and Emerging Markets segments, has enabled us to strengthen our market position while maintaining prudent risk discipline. We recorded strong growth in loan assets and achieved our highest-ever retail disbursements, underscoring the strength of our franchise and customer proposition. At the same time, asset quality continued to improve, supported by strong collection performance and sustained recovery efforts. Our profitability metrics strengthened during the quarter, driven by improved spreads, stable margins and efficient cost management. We remain committed to driving profitable growth while maintaining a high- quality portfolio and a strong balance sheet. As we move into the second half of FY27, we remain confident in the long-term housing finance opportunity and will continue to focus on expanding our retail footprint, enhancing customer experience and delivering sustainable value to our stakeholders.” Regd. Office: 9th Floor, Antriksh Bhavan, 22 Kasturba Gandhi Marg, New Delhi – 110 001 Phone: 011 – 23736857, E-mail: loans@pnbhfl.com, Website: www.pnbhfl.com CIN: L65922DL1988PLC033856 Public About PNB Housing Finance Limited PNB Housing Finance Limited (NSE: PNBHOUSING, BSE: 540173) is promoted by Punjab National Bank and is a registered Housing Finance Company with National Housing Bank (NHB). The Company got listed on the Indian stock exchanges on 7th November 2016. The Company’s asset base comprises primarily of retail loans and corporate loans. The retail business focusses on organized mass housing segment financing for acquisition or construction of houses. In addition, it also provides loan against properties and loans for purchase & construction of non-residential premises. PNB Housing Finance is a deposit taking Housing Finance Company. Disclaimer No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained in this release. The information contained in this release is only current as of its date. Certain statements made in this release may not be based on historical information or facts and may be “forward looking statements”, including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects, and future developments in its industry and its competitive and regulatory environment. Actual results may differ materially from these forward-looking statements due to a number of factors, including future changes or developments in the Company’s business, its competitive environment and political, economic, legal and social conditions in India. This communication is for general information purpose only, without regard to specific objectives, financial situations and needs of any particular person. This release does not constitute an offer or invitation to purchase or subscribe for any shares in the Company and neither any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. The Company may alter, modify or otherwise change in any manner the content of this release, without obligation to notify any person of such revision or changes. For more Information, please contact: Investor Relations Media Chaitanya Yadav, National Head – Corporate Bhavya Taneja, Chief Marketing Officer Planning & Investor Relations Phone: +91 124 6030500, + 91 89296 08392 Phone: +91 124 6030500, +91 9999727522 Email: bhavya.taneja@pnbhousing.com Email: Investor.relations@pnbhousing.com Regd. Office: 9th Floor, Antriksh Bhavan, 22 [Showing first 8,000 characters — download PDF for full document]