PNB Housing Finance vs Indiabulls Housing Finance: Share Price, PE, ROE Compared

PNB Housing Finance vs Indiabulls Housing Finance is a comparison housing finance investors look up when evaluating two listed Indian housing finance companies (HFCs). PNB Housing Finance, a Delhi-based company (Punjab National Bank subsidiary), is one of India's larger HFCs providing home loans, loan against property and construction finance. Indiabulls Housing Finance, a Delhi-based company, was once India's second-largest HFC but has dramatically reduced its balance sheet through deleveraging and restructuring after 2019-2020 stress. The PNB Housing versus Indiabulls Housing comparison shows a recovering mid-large HFC versus a significantly restructured, much smaller HFC.

This PNB Housing Finance vs Indiabulls Housing Finance article covers reach and market position, key products, latest declared results and stock valuation. All data is sourced from Groww and public company filings.

Reach and Market Position

In this PNB Housing Finance vs Indiabulls Housing Finance comparison, PNB Housing Finance provides home loans, plot loans, loan against property and non-residential property loans to individuals and institutions across India. Market capitalisation is Rs 29,858 Cr.

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Indiabulls Housing Finance provides home loans and is in deleveraging mode after a significant balance sheet reduction since 2019. Market capitalisation is approximately Rs 3,000-5,000 Cr.

Key Products and Business Mix

For the PNB Housing Finance vs Indiabulls Housing Finance product breakdown, PNB Housing Finance: PNB Housing earns from net interest income on home loans and property loans. EPS is Rs 88.84. PE is 12.90x, ROE 11.92 percent, D/E 3.70 (normal for HFC). Div 0.70 percent.

Indiabulls Housing Finance: Indiabulls Housing earns from home loan interest income on a much smaller loan book than its peak. Data is approximate – investors should verify current financials from exchange filings.

Latest Results and Financial Data

On the PNB Housing Finance vs Indiabulls Housing Finance results front: PNB Housing Finance has a market cap of Rs 29,858 Cr and PE of 12.90x. ROE is 11.92 percent. PNB Housing is 6-10 times larger than Indiabulls Housing.

Indiabulls Housing Finance has a market cap of approximately Rs 3,000-5,000 Cr. The company has restructured significantly from its peak Rs 80,000+ Cr market cap in 2018.

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Stock Performance and Valuation

Investors tracking the PNB Housing Finance vs Indiabulls Housing Finance comparison should verify current prices on NSE or BSE before trading. The PNB Housing Finance vs Indiabulls Housing Finance stock data below reflects the latest available figures from Groww and public company filings.

PNB Housing Finance versus Indiabulls Housing: PNB Housing (PE 12.90x, ROE 11.92%, stable) vs Indiabulls Housing (approx Rs 3,000-5,000 Cr, restructuring). Comparing PNB Housing and Indiabulls Housing Finance, PNB Housing is the more established, stable HFC in the current period.

PNB Housing Finance vs Indiabulls Housing Finance: Quick Comparison Table

The comparison table below summarises the key metrics side by side.

Parameter	PNB Housing Finance	Indiabulls Housing Finance
Sector	Home loans + LAP + construction finance (PNB subsidiary, recovering)	Home loans: significantly restructured after 2019 stress (deleveraging)
Market Cap	Rs 29,858 Cr	Approx Rs 3,000-5,000 Cr
P/E Ratio	12.90x	Approx (verify from filings)
ROE	11.92%	Approx (verify from filings)
Status	Stable, growing loan book	Heavily restructured, deleveraging mode
Debt to Equity	3.70 (normal for HFC)	Lower than peak (verify)
Dividend Yield	0.70%	Verify from filings

Conclusion

The PNB Housing Finance vs Indiabulls Housing Finance comparison above covers reach, products, results and valuation. PNB Housing Finance versus Indiabulls Housing Finance covers a stable large HFC versus a heavily restructured smaller HFC. PNB Housing is on a growth path with solid fundamentals. Indiabulls Housing has dramatically reduced its balance sheet since 2019 and investors must verify current status from exchange filings. The PNB Housing and Indiabulls Housing comparison is heavily asymmetric. Consult a SEBI-registered advisor and verify current financials for Indiabulls Housing before any investment.

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Frequently Asked Questions

What does PNB Housing Finance do?

Ans. PNB Housing Finance provides home loans to individuals for buying or constructing homes, loans against property (LAP) for business or personal use, and construction finance to builders and developers.

What happened to Indiabulls Housing Finance?

Ans. Indiabulls Housing Finance significantly reduced its loan book from 2019-2020 onwards due to NBFC liquidity stress, credit concerns and regulatory issues. The company deleveraged significantly from its peak.

What is an HFC?

Ans. An HFC (Housing Finance Company) is an NBFC registered with the National Housing Bank (NHB) specifically for providing home loans and property-related financing.

Which is larger, PNB Housing or Indiabulls Housing?

Ans. PNB Housing Finance at Rs 29,858 Cr is approximately 6-10 times larger than Indiabulls Housing Finance at approximately Rs 3,000-5,000 Cr.

Is PNB Housing owned by PNB?

Ans. Yes. Punjab National Bank (PNB) holds a majority stake in PNB Housing Finance.

Does PNB Housing pay dividends?

Ans. Yes. PNB Housing Finance pays a dividend yield of approximately 0.70 percent.

Are these companies in Nifty 50?

Ans. Neither is in Nifty 50.