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Key Milestones
1988
• Obtained NHB license for loans and deposits.
• Company commenced operations.
1994
• Crossed INR 100 Crores loan portfolio.
1997
• Crossed INR 100 Crores retail deposit.
2003
• Notified under SARFESI Act.
2006
• Crossed INR 1,000 crores loan portfolio.
2009
• Entered into a strategic financial partnership with Destimoney Enterprises
Private Limited (DEPL) fully owned by New Silk Route,PE Fund.
2010
• Launched business process re-engineering project-”Kshitij”.
2011
2012
• DEPL raises stake from 26% to 49% through conversion of
compulsory convertible debentures.
• Gross and net NPAs brought lower than 0.5% of the asset
portfolio.
2013
• Crossed INR 1,000 crores retail deposits.
• `CRISIL AA+` rating (for NCDs and bank term loans) and
FAAA (for Deposits).
2014
• PAT crossed INR 100 Crores and Portfolio crossed INR 10,000
Crores.
2015
• Pilot implementation of Enterprise System Solution.
• Quality Investments Holdings, owned by the Carlyle group, a
global investment firm bought DEPL, Mauritius.
• New Brand positioning with completely refurbished offices Contemporary look and
feel introduced across all branches and hubs.
• Robust and elastic target operating model (TOM) implemented.
2016
• Implemented end-to end Enterprise System Solution – Pan
India
• Crossed INR 25,000 Crores of loan portfolio
• Crossed INR 7,000 Crores of deposit book
• Launch of first ever 360 degree brand campaign
5 years Growth JourneyYear on Year Trends
• Consistent growth trend
• One of the fastest growing amongst top five HFCs in India with CAGR of 76%
• Well balanced geographical distribution from a North centric organization to pan India presence
Values in INR Crore
1 Crore=10 Million
76% CAGR in Assets Disbursement over the last 5 years
1,5083,682
5,500
9,440
14,456
0
5000
10000
15000
20000
FY12 FY13 FY14 FY15 FY16
Dis
bu
rse
me
nt (I
NR
Cr.
)
Financial Year
Disbursement
North West South
• AuM has grown nearly 7 times during the last five years at a CAGR of 62%
• AuM crosses INR 25,000 Crore during FY 2016- qualifying PNB Housing as a “Large” HFC
• AuM of INR 10,000 Crore achieved in 26 years, AuM of next INR 17,000 Cr achieved in just last 2 year
7X growth in Assets under Management (AuM) over the last 5 Years
3,9706,620
10,591
17,297
27,555
0
5000
10000
15000
20000
25000
30000
FY12 FY13 FY14 FY15 FY16
Au
M (
INR
Cr.
)
Financial Year
Assets under Management
Values in INR Crore
1 Crore=10 Million
Balanced Portfolio (AuM) mix maintained through growth years
FY12
INR 3,970 Cr.
72%
25%
3%
FY13
INR 6,620 Cr.
70%
22%
4%4%
FY14
INR 10,591 Cr.
65%
28%
6%1%
FY15
INR 17,297 Cr.
60%
29%
7%1% 3%
FY16
INR 27,555 Cr.
61%
29%
9%0.13% 1%
Values in INR Crore
1 Crore=10 Million
Portfolio geographically diversified; mitigating concentration risk
FY12
INR 3,970 Cr.
71%
20%
9%
FY13
INR 6,620 Cr.
58%23%
18%
FY14
INR 10,591 Cr.
52%
25%
23%
FY15
INR 17,297 Cr.
47%
27%
27%
FY16
INR 27,555 Cr.
41%
30%
29%
Values in INR Crore
1 Crore=10 Million
• Absolute NPAs have come down while the portfolio has grown nearly 7 times since March 2012
Despite exponential portfolio growth, maintains one of the lowest NPAs in industry
1.04%
0.56%
0.32%
0.20% 0.22%
0.67%
0.35%
0.16%
0.07% 0.14%
0.00%
0.20%
0.40%
0.60%
0.80%
1.00%
1.20%
0.00%
0.20%
0.40%
0.60%
0.80%
1.00%
1.20%
FY12 FY13 FY14 FY15 FY16
Non Performing Assets (NPAs)
Gross NPAs Net NPAs
One of the lowest Gross and Net NPAs
in industry
• Annual disbursement per employee has crossed to INR 21 Crore
37% CAGR achieved in Disbursement per employee over the last 5 years
5.97
12.2413.20
16.46
21.04
0.00
5.00
10.00
15.00
20.00
25.00
FY12 FY13 FY14 FY15 FY16
Dis
bu
rse
me
nt
(IN
R C
r.)
Financial Year
Disbursement per employee per annum Values in INR Crore
1 Crore=10 Million
110% CAGR achieved in Deposit Outstanding
2nd largest Housing Finance Company in terms of Deposit Book Size
Our deposit book saw a stupendous scaling from INR 220 Crore in FY 2011 to INR 7,116 Crore on back of high credit rating, service quality and brand PNB
Strong and predictable distribution channel- the base grew from approximately 300 brokers in FY 2011 to 3500 brokers
Key highlights
363
1,051
1,712
4,897
7,116
0
1000
2000
3000
4000
5000
6000
7000
8000
FY12 FY13 FY14 FY15 FY16
De
po
sit O
uts
tand
ing
(IN
R C
r.)
Financial Year
Deposit Outstanding
Values in INR Crore
1 Crore=10 Million
• Consistent growth of gross revenue
• Declining trend in cost to Income ratio
55% CAGR achieved in Gross Revenue over last 5 yearsValues in INR Crore
1 Crore=10 Million
463661
1,116
1,776
2,696
25.57%
31.76% 32.70%30.94%
25.21%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
0
500
1000
1500
2000
2500
3000
FY12 FY13 FY14 FY15 FY16
Co
st to
In
co
me
ra
tio
(%
)
Re
ve
nu
e (
INR
Cro
re)
Financial Year
Gross Revenue & Cost to Income ratios
5X growth in net worth over the last 5 years
• Consistent growth of Net Worth
400
618
934
1,581
2,194
0
500
1000
1500
2000
2500
FY12 FY13 FY14 FY15 FY16
Ne
t W
ort
h (
INR
Cr.
)
Financial Year
Net WorthValues in INR Crore
1 Crore=10 Million
• Substantial growth in PAT of INR 77 Crore during FY 2012 to a PAT of INR 326 Crore during FY 2016
43% CAGR achieved in Profit After Tax (PAT) over the last 5 years
7793
127
196
326
0
50
100
150
200
250
300
350
FY 12 FY13 FY14 FY15 FY16
Pro
fit A
fter
Tax (
INR
Cr.)
Financial Year
Profit After TaxValues in INR Crore
1 Crore=10 Million
• A balanced borrowing mix with subsequent decline in bank loans over the last 5 years
7%2%
8%
27%
19%
36%
Bank Loans ECB
NHB Refinance Public Deposit
Well Diversified Borrowing Composition
Corporate Governance
Board Committees constitution: The Board has four committees as under:
Audit Committee (ACB)
• Under section 177 of the Companies Act, 2013. It has 3 members, 2 are independent directors and 1 is a nominee director.
Nomination and Remuneration Committee (NRC)
• Under section 178 of the Companies Act, 2013. It has 5 members, 2 are independent directors, 2 are nominee directors and Managing Director.
Corporate Social Responsibility Committee (CSR)
• Under section 135 of the Companies Act, 2013. It has 4 members, 1 independent director, 2 are nominee directors and Managing Director.
Credit Committee of the Board (CCB)
• Under section 179 of the Companies Act, 2013. It has 3 members, 1 is independent director, 1 nominee director and Managing Director.
Slide No. 76
Strategically
positioned hubs
to catalyse future growth
Well balanced
Pan India presence
Best Apprenticeship/ On
the Job training program Gold
Award
Outstanding Contribution to CSR by CREDAI
'Housing Finance Company of the Year' at the 8th Annual
Real Estate Summit and Awards
PNB Housing awarded for contribution towards CSR at the
India Pride Awards
PNB Housing’s Annual report wins bronze award at 20th
Big Bang awards for excellence in communication
and media
PNB Housing IT Transformation
Journey honoured at EMC Transformers
Award 2015
Early adoption of Cloud Services in
India
Felicitated for Successful Completion of 25 years of Service at India’s Top PSUs –
Transforming India, 2014’ – July 2014
Excellence in Talent Management
‘Significant Contribution to Housing’ by HUDCO
3rd time in a row for “Outstanding contribution to
Real Estate’ – Nov 2013
Best Change Management Intervention
Awards and Recognitions
Thank You