BCEIE › News › PNBHOUSING

Credit rating

CRISIL upgrades PNB Housing Finance to AAA

PNB Housing Finance (PNBHOUSING) said CRISIL has upgraded its credit rating to AAA, covering facilities or instruments of about ₹9,000 crore. The company is valued at about ₹28,720 crore.

BCEIE News Desk · Published 6 Oct 2026, 09:04 pm IST · Filing received 6 Oct 2026, 08:47 pm IST

What happened

In a filing with the NSE on 6 October 2026 at 08:47 PM, PNB Housing Finance (PNBHOUSING) said that CRISIL has upgraded its credit rating to AAA, covering facilities or instruments of about ₹9,000 crore.

From the filing: "Crisil Ratings has also withdrawn its rating on non - convertible debentures of Rs 500 crore on receipt of independent confirmation that the instrument has been redeemed."

Company snapshot

PNB Housing Finance is a small-cap company in the Financial Services sector, with a market value of about ₹28,720 crore.

The stock last traded at ₹1,102.1, against a 52-week range of ₹729.6–₹1,211.5 (9.0% below the high).

Before this filing the shares had moved −4.3% over the month and +0.2% over three months. Average daily turnover over the last 20 sessions was about ₹106 crore.

Promoters held 28.03% at the end of Q1 FY27. Foreign institutions owned 16.81% and domestic institutions 45.71%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY262,076533.520.52
Q2 FY262,128581.622.34
Q3 FY262,119520.419.97
Q4 FY262,182655.825.17
Q1 FY272,263557.321.39

What history shows

This is not the company's first credit rating disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.

After those filings, the stock gained 1.0% on average the next trading day and was up 0.5% on average after five days (3 filings with price data).

Across 184 similar disclosures by other Financial Services companies, shares moved +0.1% on average the next day and −0.2% over five days; 47% of them rose the next day.

Market-wide, 1,223 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
25 Aug 2026Credit Rating−0.3%−3.5%
20 Aug 2026Credit Rating−0.9%−0.5%
3 Jul 2026Credit Rating+4.3%+5.4%

What to watch

  • Whether other agencies take a similar view on the company's credit.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.