PNB Housing Finance has been assigned an ESG Rating of ‘A+’ by an authorized ESG rating provider dated April 16, 2026, reflecting its leadership in environmental, social, and governance practices. The disclosure forms part of its Business Responsibility and Sustainability Report (BRSR) for FY26, which was submitted to the National Stock Exchange of India Limited and BSE Limited on July 23, 2026, pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The report, assured by Bureau Veritas (India) Private Limited under reasonable assurance standards, highlights significant business expansion alongside sustainability commitments. During FY26, PNB Housing Finance’s retail loan asset grew by 16% year-on-year to ₹86,946 crore. Affordable and emerging market segments contributed 40% to this portfolio, with the company building an affordable housing loan asset of ₹8,153 crore as of March 31, 2026. Total outstanding deposits stood at ₹18,055 crore.

Financial and Operational Highlights

The company’s strategic focus on inclusive growth is evident in its customer profiling and network expansion. PNB Housing Finance added 35 branches during the year, bringing its total physical presence to 392 branches across 21 states. The Affordable and Emerging Markets segment now accounts for 80% of the total branch network.

Environmental Performance and Climate Strategy

PNB Housing Finance reported a reduction in energy intensity, with total energy consumption from non-renewable sources standing at 21,395.74 Gigajoules (GJ) in FY26, down from 23,137.80 GJ in FY25. Scope 1 emissions were recorded at 5.69 metric tonnes of CO2 equivalent, while Scope 2 emissions totaled 4,207.06 metric tonnes of CO2 equivalent.

The company has initiated climate scenario analysis using Network for Greening the Financial System (NGFS) scenarios to assess physical and transition risks. It also conducted a Life Cycle Assessment (LCA) for home loan processing, identifying verification and legal clearances as the primary emission hotspot due to travel-intensive site inspections. Financed emissions were estimated at 8.79 lakh tCO2e, calculated using a Partnership for Carbon Accounting Financials (PCAF)-aligned framework for seven states with significant portfolio contributions.

Social Impact and Governance

Socially, the company emphasizes diversity and employee well-being. Women comprise 20% of the total permanent workforce, with female representation reaching 33.33% among Key Managerial Personnel. The Board of Directors includes one female director, representing 14.29% of the board. PNB Housing Finance reported zero fatalities and zero lost-time injuries for employees and workers during FY26.

Corporate Social Responsibility initiatives through its subsidiary, Pehel Foundation, benefited over 447,000 individuals across health, education, and women empowerment projects. The company maintains a robust governance framework, with policies covering anti-bribery, data privacy, and human rights, all approved by the Board. No disciplinary actions for bribery or corruption were taken against any directors, KMPs, employees, or workers during the financial year.

PNB Housing Finance Limited has filed its Annual Report for the Financial Year 2025-26 along with the Notice convening its 38th Annual General Meeting (AGM), scheduled to be held on Monday, August 17, 2026 at 03:00 P.M. (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The filing, made on July 23, 2026, was submitted to both BSE Limited and the National Stock Exchange of India Limited in compliance with Regulations 30, 34, and 53 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Highlights for FY26

FY26 marked a year of strong, well-rounded performance for the company. The following table summarises the key financial metrics:

Total disbursements for FY26 stood at ₹26,548 crore, registering a 21% YoY growth over ₹21,972 crore in FY25. The company sanctioned 1,27,055 loans during FY26, a growth of 10% over the previous year. Recoveries from written-off pool accounts stood at ₹332 crore in FY26, contributing to a negative credit cost of 45 basis points.

Segment Performance

Growth was broad-based across all retail segments during FY26:

The Affordable Housing and Emerging Markets segments together contributed 48% of total retail disbursements and 40% of the retail loan asset. The company added 36 new branches during FY26, taking its total network to 392 branches, with 229 in the Affordable Housing segment and 85 in the Emerging Markets segment. The company serves customers across 21 states.

Credit Rating Upgrades

The company received notable credit rating upgrades during FY26. India Ratings and Research upgraded its long-term rating from AA+ to AAA with Stable outlook in Q3 FY26. Subsequently, CARE Ratings Limited upgraded the company's long-term rating from AA+ 'Stable' to AAA 'Stable' on May 7, 2026, covering deposits, bonds (including Tier 2 bonds), debentures, and bank facilities. ICRA assigned a rating of AA+ with Stable outlook for enhanced long-term bank facilities, while CRISIL continued its AA+ with Stable outlook rating.

AGM Details and E-Voting Schedule

The 38th AGM will be conducted through VC/OAVM in accordance with MCA General Circulars and SEBI guidelines. National Securities Depository Limited (NSDL) has been engaged as the e-voting agency. The key dates are as follows:

The AGM agenda includes adoption of standalone and consolidated financial statements for FY26, declaration of a dividend of ₹8 per equity share of face value ₹10 each, re-appointment of Mr. D. Surendran as Non-Executive Nominee Director, approval of material related party transactions with Punjab National Bank and PNB Gilts Limited, offer or invitation for subscription of NCDs up to ₹10,000 crore on private placement basis, increase in borrowing limits from ₹1,05,000 crore to ₹1,50,000 crore, and appointment of Mr. Shreekant and Mr. Rajiv Kumar Singh as Independent Directors.

Dividend and CSR

The Board of Directors at its meeting held on April 20, 2026 recommended a dividend of ₹8 per equity share for FY26, compared to ₹5 per equity share declared for FY25, subject to shareholder approval at the AGM. The total CSR obligation for FY26 was ₹42,24,56,492, with ₹12,01,77,035 spent during the year across healthcare, education, women empowerment, environment, and sports initiatives. The company has impacted over 6.5 lakh beneficiaries through its CSR programmes. The Annual Report 2025-26 and the Notice of the 38th AGM are available on the company's website at www.pnbhousing.com .