Financial Services
Pnb Housing Finance Limited Q2 & H1 FY27: Loan Assets Up 19%, Disbursements Hit INR 9,609 Cr
PNB Housing Finance Limited (PNBHOUSING) reports a 19% YoY growth in loan assets and a 60% increase in disbursements for Q2 & H1 FY27.
PNB Housing Finance Limited (NSE: PNBHOUSING) announced consolidated audited financial results for the quarter and half year ended 30th September 2026. The company reported a 19% year-on-year growth in loan assets to INR 95,079 crore and a 60% surge in disbursements to INR 9,609 crore for Q2 FY27.
Loan Portfolio Growth
The company’s assets under management stood at INR 98,210 crore, marking a 17% year-on-year growth. Retail loan assets reached INR 94,391 crore, reflecting a 19% increase. The affordable and emerging markets segment grew by 45% and 22% year-on-year, contributing 41% to the retail loan assets.
Disbursement Highlights
Total disbursements for Q2 FY27 stood at INR 9,609 crore, with retail disbursements hitting an all-time high of INR 9,250 crore, registering a 54% year-on-year growth. Corporate disbursements for Q2 FY27 were INR 360 crore.
Commenting on the performance, Mr. Ajai Shukla, Managing Director & CEO, said: “Q2 FY27 has been another encouraging quarter for PNB Housing Finance as we continued to deliver consistent growth across business parameters. Our focus on granular retail expansion, particularly in the Affordable and Emerging Markets segments, has enabled us to strengthen our market position while maintaining prudent risk discipline. We recorded strong growth in loan assets and achieved our highest-ever retail disbursements, underscoring the strength of our franchise and customer proposition. At the same time, asset quality continued to improve, supported by strong collection performance and sustained recovery efforts. Our profitability metrics strengthened during the quarter, driven by improved spreads, stable margins, and efficient cost management. We remain committed to driving profitable growth while maintaining a high-quality portfolio and a strong balance sheet. As we move into the second half of FY27, we remain confident in the long-term housing finance opportunity and will continue to focus on expanding our retail footprint, enhancing customer experience, and delivering sustainable value to our stakeholders.”
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of PNB Housing Finance Limited
PNB Housing Finance Limited belongs to the Financial Services › Mortgage Finance sector. Here’s a quick read on where the business and the stock stand today.
PNB holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG of 0.44 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. D/E reaches 2.66. High leverage in this environment is a material risk the market cannot ignore. The stock trades at 88% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Both the business and the stock move in the right direction. Revenue grows at 12.5%, profits at 29.9%, and the PEG sits at 0.44 — below its growth rate. That combination is rare. Check Fundamentals of PNB Housing Finance Limited.
Capital Markets
Emkay Global Financial Services Limited (emkay) Q2 FY27: Revenue Up 103%, PAT Surges 6,100%
Emkay Global Financial Services Limited (EMKAY) reports Q2 FY27 earnings with a 103% revenue increase and a 6,100% surge in PAT.
Emkay Global Financial Services Limited (EMKAY) delivered its strongest-ever quarterly financial performance in Q2 FY27, with consolidated revenue of ₹1,567 million, representing year-on-year growth of 103%, and consolidated Profit After Tax (PAT) of ₹310 million, up 6,100% year-on-year. This milestone was achieved despite the challenging and uncertain business environment prevailing over the past five to six months.
Investment Banking Success
Our Investment Banking business executed seven transactions across IPOs, QIPs, and an offer for sale (OFS), including mandates for Ather Energy, Hindustan Copper, Behari Lal Engineering, Deepa Jewellers, SS Retail, SPR Auto Technologies, and Purple Style Labs. These engagements reflect our capabilities across capital market transactions and our continued relationships with companies seeking to access the capital markets.
Asset Management Excellence
Our Asset Management business sustained its strong performance, with all nine investment strategies outperforming their respective benchmarks during the quarter. Assets under management across PMS and AIF strategies grew by over 64% year-on-year, reflecting continued progress in building our investment management franchise.
Wealth Management Expansion
The Wealth Management business continued to expand its reach through client engagement initiatives, fund manager roadshows, and events across the country. We added Bhopal to our network, extending our geographical reach. The business also migrated to a new technology platform to support scalability and enhance service delivery.
As the festive season continues, we extend our warm wishes to you and your families. Thank you for your continued trust and confidence in Emkay. We look forward to building on our progress and pursuing the opportunities ahead with commitment and purpose.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Emkay Global Financial Services Limited
Emkay Global Financial Services Limited belongs to the Financial Services › Capital Markets sector. Here’s a quick read on where the business and the stock stand today.
Emkay rises 10.6% over three months, with buying pressure holding steady. The PEG stands at 15.46 — severely stretched. Any earnings miss could trigger a sharp de-rating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock holds at 49% of its 52-week range with RSI at 55. In other words, neither side has a clear edge right now. Revenue grows at 21.4% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Emkay Global Financial Services Limited.
CGCL
Capri Global Capital Limited (cgcl) 2qfy27 Results: PAT Rises 77% Yoy to All-time High
Capri Global Capital Limited (CGCL) reports 2QFY27 results with a 77% YoY PAT rise to Rs 4.18 crores, boosted by strong growth and improved profitability.
Capri Global Capital Limited (CGCL) announced its unaudited financial results for the quarter and half year ended Sep 30th, 2026, marking another strong quarter with consolidated AUM rising to Rs 43,878 crores, up 62% YoY. The company reported its highest-ever quarterly PAT of Rs 4.18 crores, an increase of 77% YoY, driven by robust portfolio growth, healthy lending spreads, and operating leverage.
Consolidated AUM Reaches Rs 43,878 Crores
CGCL’s consolidated AUM increased 62% YoY and 9% QoQ to Rs 43,878 crores. Growth was broad-based across its secured lending businesses, with significant contributions from Gold Loans, Construction Finance, Affordable Housing, and MSME Loans.
Profitability Scales to a New High
The company’s quarterly PAT increased 77% YoY to Rs 4.18 crores, supported by a 69% YoY rise in net interest income to Rs 812 crores and an 84% YoY increase in operating profit to Rs 636 crores. The yield on net advances remained at 17.5%, and the cost of borrowings stood at 9.2%, resulting in a spread of 8.3%.
Sustained Earnings Momentum
For 1HFY27, CGCL reported net interest income of Rs 1,549 crores, up 74% YoY, and non-interest income of Rs 487 crores, up 31% YoY. Operating profit grew 78% YoY to Rs 1,168 crores, while PAT increased 88% YoY to Rs 7.72 crores. The cost-to-income ratio improved to 42.6% from 48.1% in 1HFY26, reflecting stronger operating leverage.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Capri Global Capital Limited
Capri Global Capital Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.
Capri gains 38.0% over three months and trades near its 52-week highs. The PEG of 0.34 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. D/E reaches 3.62. High leverage in this environment is a material risk the market cannot ignore. The stock trades at 96% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Both the business and the stock move in the right direction. Revenue grows at 48.6%, profits at 66.8%, and the PEG sits at 0.34 — below its growth rate. That combination is rare. Check Fundamentals of Capri Global Capital Limited.
Banks - Regional
City Union Bank Limited (CUB) Q2 FY27: Net Profit Up 27%, Net Interest Margin Rises
City Union Bank Limited (CUB) reports a 27% rise in PAT for Q2 FY27, with net profit at Rs.416 Cr and a 31% increase in Net Interest Income.
City Union Bank Limited (CUB) announced its performance results for the second quarter and half year ended 30th September 2026. The bank’s financial performance showed significant growth across various metrics. The Net Profit After Tax (PAT) increased by 27% to Rs.416 crore for Q2 FY27 compared to Rs.329 crore in the same quarter last year. The Net Interest Income (NII) grew by 31% to Rs.873 crore for Q2 FY27 and Rs.1,693 crore for H1 FY27.
Financial Highlights
CUB’s total income for Q2 FY27 was Rs.2,442 crore, marking a 28% growth from Rs.1,912 crore in Q2 FY26. The operating profit for Q2 FY27 stood at Rs.661 crore, a 40% increase from Rs.471 crore in Q2 FY26. The bank’s operating profit for H1 FY27 was Rs.1,241 crore, up 35% from Rs.922 crore in H1 FY26.
Asset Quality and Ratios
The bank’s asset quality improved with the Gross Non-Performing Assets (NPA) decreasing to 1.44% from 2.42% in Q2 FY26. The Net NPA fell to 0.48% from 0.90% in the same quarter last year. The Net Interest Margin (NIM) increased to 3.87% in Q2 FY27 from 3.63% in Q2 FY26 and 3.83% for H1 FY27 compared to 3.59% in H1 FY26.
The Cost to Income Ratio (CIR) for Q2 FY27 was 45.96%, down from 49.16% in Q2 FY26. The bank’s capital adequacy ratio stood at 21.26%, well above the regulatory requirement.
City Union Bank Limited continues to strengthen its financial health and operational efficiency, setting a positive tone for the future.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of City Union Bank Limited
City Union Bank Limited belongs to the Financial Services › Banks – Regional sector. Here’s a quick read on where the business and the stock stand today.
City rises 13.0% over three months, with buying pressure holding steady. Industry-leading margins of 37.6% reflect exceptional pricing power and operational efficiency. Revenue grows at 11.0% and profits at 17.0% CAGR. The market consistently rewards this kind of compounding. Buyers show up with 1.5x the volume of sellers. Moreover, they dominated on 17 of recent sessions versus 13 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 11.0%, profits at 17.0%, and the PEG sits at 0.95 — below its growth rate. That combination is rare. Check Fundamentals of City Union Bank Limited.
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