Introducing
PNB Housing Finance
Limited (PNB Housing)
PNB Housing is a registered housing finance company with the National Housing Bank (NHB). The Company was incorporated under the Companies Act, 1956 and commenced operations from November 11, 1988. Punjab National Bank (PNB) is our promoter. PNB Housing equity shares were first issued to the public in November 2016. The Company is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
FY 2018-19
AT A GLANCE
Disbursement
Asset under management
Loan assets
Total revenue
Profit after tax
Earnings per share
Corporate Profile
PNB HOUSING
A catalyst in the nation’s progress, PNB Housing is creating roofs for millions of citizens in India. We are helping realise the dreams of home aspirants far and wide, for over three decades now. Our modest yet determined vision is to be considered as one of the most admired housing finance companies in the country.
One of India’s fastestgrowing housing finance companies, fifth largest in terms of assets managed and second largest in terms of size of deposits
1,609 employees drive us through their skill, talent and relentless focus on excellence
102 branches and 23 hubs in 62 unique cities bring us closer to customers
~75% of our corporate social responsibility (CSR) spend is directed towards empowering construction workers and their families
We have been recognised as a Great Place To Work two years in a row
Performance Highlights
Product mix1៱
AUM: Segment-wise share៱
AUM: Product-wise share៱
AUM: Region-wise share៱
Disbursement origination*
^Figures are as on March 31, 2019
*Figures are for FY 2018-19
Financial Highlights
CONSISTENT PROGRESS
*FY 18 and FY 19 financial numbers are on Ind AS basis whereas prior numbers are based on IGAAP.
^ indicates dates as on March 31
Chairman’s Statement
Chairman
Chairman’s Statement
CHANGING TIMES
Dear Stakeholders
I am delighted to present to you the 31st Annual Report and the consolidated financial statements of PNB Housing Finance Limited for the year ended March 31, 2019. The fiscal 2018-19 was another eventful year for your Company. During the period, it pursued various growth opportunities, despite a challenging operational landscape.
Chairman
Managing Director’s Message
Managing Director
Managing Director’s Message
LAST, TOUGH PEOPLE DO.’
Dear Stakeholders
Building an enduring institution is more
than just strategy and vision. It is also
about resilience and courage to face
adversity, the ability to stay afloat in
periods of challenges with positive
thinking and opportunity mapping.
Sometimes when the going gets
tough, one may be weak enough to
abandon values and high standards of
performance but that is not true at PNB
Housing.
Leadership Team
MR. SANJAYA GUPTA
Managing Director
Under Mr. Gupta’s leadership, PNB Housing scaled new heights and witnessed a sea change in the operational robustness and go to market strategy.
MR. SHAJI VARGHESE
Executive Director and Business Head
With more than 22 years of experience in loan assets, liabilities and wealth management, Mr. Varghese has been an integral contributor in setting up large successful businesses across geographies and managing high performance teams.
MR. AJAY GUPTA
Executive Director and Chief Risk Officer
A chartered accountant and an accomplished risk management professional, Mr. Gupta has over 27 years of rich experience in credit cycle management across a diverse product group.
MR. NITANT DESAI
Chief Centralised Operation and
Technology Officer
Mr. Desai is an astute professional with more than 33 years of varied and relevant experience in retail finance with leading banks and financial institutions in India and the Middle East.
MR. ANSHUL BHARGAVA
Chief People Officer
Mr. Bhargava is a human resources professional with over 25 years of experience that enables an excellent understanding of variety of spheres related to human assets.
MR. KAPISH JAIN
Chief Financial Officer
A business-focused, solution-oriented finance professional, Mr. Jain holds more than 20 years of experience across all facets of finance and analytics.
MR. SANJAY JAIN
Company Secretary and Head Compliance
Mr. Jain comes with more than 29 years of experience in corporate finance, treasury, regulatory compliances, legal issues and internal audit.
GOVERNANCE TO GREAT
SUSTAINABILITY
Environmental, social and governance (ESG) considerations are integrated across the business and built into the policies and principles that govern PNB Housing. This is viewed as a business fundamental and seek continuous improvement in these areas because they underpin the long-term value-creation ability of the Company.
- Role in society
- Information technology
- Employee development
- Environment responsibility
- Employee engagement
1,609
Employees on PNB Housing
Finance payroll
3,595
Employees on PHFL payroll
17.34%
Ratio of women in workforce
37.88%
New hires in the year aged 20-30