3 Home Loan Finance Stocks With a Strong Future Roadmap: PNB Housing Finance, Aptus Value Housing Finance India and LIC Housing Finance

PNB Housing Rs 1,150.00, P/E 12.95. Aptus Rs 216.92, P/E 11.03. LIC Housing Rs 537.00, P/E 5.15. Closing prices of 8 Oct 2026.

Updated: 9 Oct 2026 • 10:42 am

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3 Home Loan Finance Stocks With a Strong Future Roadmap: PNB Housing Finance, Aptus Value Housing Finance India and LIC Housing Finance

Quick Answer

Home loan finance stocks with the clearest long-term roadmaps today include PNB Housing in home loans and loan against property, Aptus in affordable home loans in South India and LIC Housing in home loans for salaried and self-employed borrowers. FY26 revenue growth was 10.6% at PNB Housing, 24.9% at Aptus and 2.6% at LIC Housing. P/E stands at 12.95 for PNB Housing (industry 17.72), 11.03 for Aptus (industry 17.72) and 5.15 for LIC Housing (industry 17.72). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company's risks need equal attention.

Home loan finance stocks give investors exposure to lenders that fund home purchase and construction across income groups. Loan growth, margin and asset quality decide how well housing demand converts into earnings.

This list covers three home loan finance stocks: PNB Housing Finance for home loans and loan against property, Aptus Value Housing Finance India for affordable home loans in South India and LIC Housing Finance for home loans for salaried and self-employed borrowers. Every figure comes from the latest reported financials and the 8 October 2026 market close. Companies without complete current figures were left out.

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Table of Contents

What Are Home Loan Finance Stocks?

Home loan finance stocks are shares of companies that lend to home buyers and builders against property. Results depend on loan growth, net interest margin and asset quality, so net interest margin and asset quality separate the stronger names.

Home Loan Finance Stocks at a Glance

The table compares size, valuation, return on equity and debt for the three home loan finance stocks as of the 8 Oct 2026 close.

Company	CMP (Rs)	Market Cap (Rs Cr)	P/E	Industry P/E	ROE	Debt to Equity
PNB Housing Finance	1,150.00	29,992	12.95	17.72	11.92%	3.70
Aptus Value Housing Finance India	216.92	10,863	11.03	17.72	18.64%	1.56
LIC Housing Finance	537.00	29,538	5.15	17.72	13.53%	6.70

Among housing finance stocks, all three trade at a discount to their industry P/E multiples.

Why Do Home Loan Finance Stocks Have a Strong Roadmap in India?

Home loan finance stocks have a strong roadmap in India because home ownership remains a priority, urban housing demand is steady and affordable housing needs formal credit. Three drivers stand out.

Home ownership: Rising incomes and a young population keep housing demand healthy.
Affordable housing: Self-employed and lower income buyers need formal home credit.
Government support: Housing schemes and tax benefits support borrowing.

PNB Housing Finance: Home Loan Growth Anchors the Roadmap

PNB Housing's roadmap rests on home loans, loan against property and affordable housing loans through a pan-India branch network, with housing credit demand supporting loan growth.

Revenue grew from Rs 6,200.73 crore in FY22 to Rs 8,505.04 crore in FY26, a 37.2% rise, and FY26 revenue was 10.6% higher than FY25. FY26 net profit rose 18.3% to Rs 2,291.24 crore. Over four years, net profit rose from Rs 836.48 crore in FY22 to Rs 2,291.24 crore. In Q1 FY27, revenue grew 8.8% to Rs 2,265.36 crore, and net profit rose 4.5% to Rs 557.34 crore.

Debt to equity is 3.70 and return on equity is 11.92%. PNB Housing paid a dividend of Rs 8 per share for FY26, a yield of 0.69%. At a P/E of 12.95 against an industry P/E of 17.72, the stock trades below its industry multiple.

What to watch: The P/E of 12.95 against an industry P/E of 17.72 leaves valuation less stretched, so the next quarters' growth is the figure to follow.

Aptus Value Housing Finance India: Affordable Home Loans Drive the Pipeline

Aptus' roadmap rests on home loans for self-employed and low-income households, mainly in South India, with a focused customer segment supporting steady loan growth.

Revenue grew from Rs 840.22 crore in FY22 to Rs 2,245.48 crore in FY26, a 167.2% rise, and FY26 revenue was 24.9% higher than FY25. FY26 net profit rose 25.5% to Rs 942.94 crore. Over four years, net profit rose from Rs 370.14 crore in FY22 to Rs 942.94 crore. In Q1 FY27, revenue grew 15.2% to Rs 610.66 crore, and net profit rose 19.0% to Rs 260.94 crore.

Debt to equity is 1.56 and return on equity is 18.64%. Aptus paid a dividend of Rs 4.5 per share for FY26, a yield of 2.07%. At a P/E of 11.03 against an industry P/E of 17.72, the stock trades below its industry multiple.

What to watch: The P/E of 11.03 against an industry P/E of 17.72 leaves valuation less stretched, so the next quarters' growth is the figure to follow.

LIC Housing Finance: Large Home Loan Book Builds the Next Leg

LIC Housing's roadmap rests on home loans for salaried and self-employed borrowers, backed by the distribution reach of the LIC group, with a large loan book and a trusted brand supporting origination.

Revenue grew from Rs 20,005.31 crore in FY22 to Rs 28,843.49 crore in FY26, a 44.2% rise, and FY26 revenue was 2.6% higher than FY25. FY26 net profit rose 3.0% to Rs 5,604.24 crore. Over four years, net profit rose from Rs 2,286.00 crore in FY22 to Rs 5,604.24 crore. In Q1 FY27, revenue declined 1.4% to Rs 7,085.58 crore, and net profit rose 9.9% to Rs 1,499.03 crore.

Debt to equity is 6.70 and return on equity is 13.53%. LIC Housing paid a dividend of Rs 10 per share for FY26, a yield of 1.86%. At a P/E of 5.15 against an industry P/E of 17.72, the stock trades below its industry multiple.

What to watch: Q1 FY27 revenue of Rs 7,085.58 Cr was 1.4% lower than a year earlier.

Best Home Loan Finance Stocks in India: PNB Housing vs Aptus vs LIC Housing on Key Financials

Among the best home loan finance stocks in India, PNB Housing ranks second on FY26 revenue growth and Q1 FY27 revenue growth; Aptus leads on FY26 revenue growth and Q1 FY27 revenue growth; LIC Housing leads on the lowest P/E. The table puts the numbers side by side.

Metric	PNB Housing	Aptus	LIC Housing
FY26 revenue (Rs Cr)	8,505.04	2,245.48	28,843.49
FY26 revenue growth	10.6%	24.9%	2.6%
FY26 net profit (Rs Cr)	2,291.24	942.94	5,604.24
FY26 net profit growth	18.3%	25.5%	3.0%
Q1 FY27 revenue growth (YoY)	8.8%	15.2%	-1.4%
Q1 FY27 net profit growth (YoY)	4.5%	19.0%	9.9%
Return on equity	11.92%	18.64%	13.53%
P/E ratio	12.95	11.03	5.15
Debt to equity	3.70	1.56	6.70
Dividend yield	0.69%	2.07%	1.86%

Housing finance earnings follow loan growth, net interest margin and asset quality, so full-year numbers and quarterly trends together give a better view.

How to Evaluate Home Loan Finance Stocks to Buy Before You Invest

A short checklist keeps the research consistent when you screen home loan finance stocks and shortlist home loan finance stocks to buy.

Compare each stock's P/E with its industry P/E, which is 17.72 for all three here.
Check the net interest margin and the gross NPA trend together, since pricing and quality both matter.
Check whether revenue growth is turning into profit growth, not only sales.
Read loan growth against funding costs to see how growth is financed.
Watch debt to equity and interest cover before sizing a position.
Spread exposure across companies and business lines instead of one demand cycle.

Check the Univest Screener for live data on these home loan finance stocks

Risks to Consider Before Investing in Home Loan Finance Stocks

Interest rates: Rate moves can change affordability and spreads.
Property cycles: Slower housing demand can affect disbursements.
Quarterly trends: A single weak quarter can change near-term earnings, so track results every quarter.

Download the Univest iOS App or Univest Android App to track PNB Housing, Aptus and LIC Housing live.

Annual reports and quarterly result presentations are the most reliable places to verify the numbers quoted here, because they show segment details, management commentary and the notes behind each figure.

Comparing a quarter with the same quarter of the previous year gives a cleaner reading than comparing it with the preceding quarter, since seasonal patterns affect many businesses in India.

Final Take: Which Stock Has the Strongest Roadmap?

These three housing finance stocks cover home loans with loan against property, affordable home loans for self-employed borrowers and home loans backed by a large group. PNB Housing ranks second on FY26 revenue growth and Q1 FY27 revenue growth; Aptus leads on FY26 revenue growth and Q1 FY27 revenue growth; LIC Housing leads on the lowest P/E.

Across home loan finance stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the home loan finance stocks to buy discussed here.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs on Home Loan Finance Stocks

Which are the best home loan finance stocks in India with a strong roadmap?

Ans. PNB Housing Finance, Aptus Value Housing Finance India and LIC Housing Finance stand out for their roadmaps in home loans with loan against property, affordable home loans for self-employed borrowers and home loans backed by a large group. FY26 revenue growth was 10.6% at PNB Housing, 24.9% at Aptus and 2.6% at LIC Housing, and return on equity ranges from 11.92% to 18.64%.

Is PNB Housing Finance a good stock to buy now?

Ans. PNB Housing Finance has a debt to equity ratio of 3.70, a return on equity of 11.92% and a P/E of 12.95 against an industry P/E of 17.72. Valuation, interest rate moves and housing demand cycles move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.

What is the P/E ratio of PNB Housing, Aptus and LIC Housing?

Ans. The P/E ratio is 12.95 for PNB Housing (industry 17.72), 11.03 for Aptus (industry 17.72) and 5.15 for LIC Housing (industry 17.72). All of them trade below the industry multiple.

Which of these home loan finance stocks has the highest return on equity?

Ans. Aptus Value Housing Finance India has the highest return on equity at 18.64%, followed by LIC Housing Finance at 13.53% and PNB Housing Finance at 11.92%.

What are the risks of investing in home loan finance stocks?

Ans. The main risks are interest rates, property cycles and quarterly trends. Rate moves can change affordability and spreads.

How did PNB Housing, Aptus and LIC Housing perform in Q1 FY27?

Ans. PNB Housing Finance reported revenue of Rs 2,265.36 crore, up 8.8% year on year, and net profit rose 4.5% to Rs 557.34 crore. Aptus Value Housing Finance India reported revenue of Rs 610.66 crore, up 15.2% year on year, and net profit rose 19.0% to Rs 260.94 crore. LIC Housing Finance reported revenue of Rs 7,085.58 crore, down 1.4% year on year, and net profit rose 9.9% to Rs 1,499.03 crore.

Do home loan finance stocks pay dividends?

Ans. Yes, all three companies pay dividends. The dividend yield is 0.69% for PNB Housing, 2.07% for Aptus and 1.86% for LIC Housing, based on dividends declared for FY26.

How can I invest in home loan finance stocks in India?

Ans. You can buy home loan finance stocks through a demat and trading account on NSE or BSE after checking each company's financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.