BEST MA PRESENTATION

1. F16 Group Members :-
• Chirag Panjwani HTBC0803
• Chaitanya Parmani HTBC0804
• Alyshah Parpia HTBC0805
• Aaditya Paryani HTBC0806
• Siddhi Pasad HTBC0807
• Dhruvi Patel HTBC0808
• Samyak Patwa HTBC0809
TOPIC: Trend Analysis of
PNB Housing Finance Limited

2. INTRODUCTION TO PNB HOUSING
FINANCE LIMITED
• PNB Housing Finance Ltd is one of the top housing finance companies in India.
• PNB Housing Finance Limited (PNB Housing) is a registered housing finance company with National Housing
Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations on November 11,
1988.
• PNB Housing is promoted by Punjab National Bank (PNB). The Company came out with a public issue of equity
shares in November 2016. Its equity shares are listed on National Stock Exchange (NSE) and Bombay Stock
Exchange (BSE) with effect from 7th November 2016.
• Mission: Creating Value for all its customers,Investors and Employees for being the first choice for all stakeholders
• Vision: To position PNB as the `Most Preferred Bank` for customers, the `Best Place to Work In` for employees
and a `Benchmark of Excellence` for the industry.

4. Standalone Balance
Sheet
Mar 23 Mar 22 Mar 21
EQUITIES AND LIABILITIES ------------------- in Rs. Cr. -----------
SHAREHOLDER'S FUNDS
Equity Share Capital 168.86 168.6 168.27
Total Share Capital 168.86 168.6 168.27
Reserves and Surplus 10,783.51 9,576.40 8,625.62
Total Reserves and Surplus 10,783.51 9,576.40 8,625.62
Employees Stock Options 0.2 55.54 73.29
Total Shareholders Funds 10,952.57 9,800.54 8,867.18
NON-CURRENT LIABILITIES
Long Term Borrowings 22,446.40 25,289.12 29,647.48
Other Long Term Liabilities 1,943.98 296.6 1,244.24
Long Term Provisions 0 17.12 17.97
Total Non-Current Liabilities 24,390.38 25,602.84 30,909.69
CURRENT LIABILITIES
Short Term Borrowings 31,174.70 27,715.84 29,746.34
Trade Payables 44.47 27.14 112.35
Other Current Liabilities 225.45 2,502.94 1,696.96
Short Term Provisions 17.39 0 0

5. ASSETS
NON-CURRENT ASSETS
Tangible Assets 131.58 131.72 159.68
Intangible Assets 13.75 17.74 20.43
Capital Work-In-Progress 0.08 0 0.01
Intangible Assets Under Development 3.08 3.54 2.37
Other Assets 0.52 0.53 0.54
Fixed Assets 149.01 153.53 183.03
Deferred Tax Assets [Net] 145.55 398.8 429.48
Other Non-Current Assets 306.59 65.36 35.63
Total Non-Current Assets 601.15 617.69 648.14
CURRENT ASSETS
Current Investments 3,188.02 3,472.02 2,032.92
Trade Receivables 0.01 39.02 15.03
Cash And Cash Equivalents 3,692.57 5,114.84 6,906.50
Short Term Loans And Advances 57,908.53 55,380.74 60,687.37
OtherCurrentAssets 1,414.68 1,024.99 1,042.56
Total Current Assets 66,203.81 65,031.61 70,684.38
Total Assets 66,804.96 65,649.30 71,332.52

6. OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 78.2 28.88 16.68
CIF VALUE OF IMPORTS
EXPENDITURE IN FOREIGN EXCHANGE
Expenditure In Foreign Currency 235.74 89.91 115.62
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS
Dividend Remittance In Foreign Currency - - -
EARNINGS IN FOREIGN EXCHANGE
FOB Value Of Goods - - -
Other Earnings - - -
BONUS DETAILS
Bonus Equity Share Capital 6.47 6.47 6.47
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market
Value
- - -
Non-Current Investments Unquoted Book
Value
- - -
CURRENT INVESTMENTS
Current Investments Quoted Market Value - - -
Current Investments Unquoted Book
Value
3,188.02 3,472.02 2,032.92

7. PROFIT & LOSS ACCOUNT OF PNB HOUSING FINANCE (IN
RS. CR.)
MAR 23 MAR 22 MAR 21
12 mths 12 mths 12 mths
INCOME
REVENUE FROM OPERATIONS [GROSS] 6,490.55 6,141.09 7,565.20
Less: Excise/Sevice Tax/Other Levies 0.00 0.00 0.00
REVENUE FROM OPERATIONS [NET] 6,490.55 6,141.09 7,565.20
TOTAL OPERATING REVENUES 6,490.55 6,141.09 7,565.20
Other Income 1.84 4.83 18.78
TOTAL REVENUE 6,492.39 6,145.92 7,583.98
EXPENSES
Cost Of Materials Consumed 0.00 0.00 0.00
Purchase Of Stock-In Trade 0.00 0.00 0.00
Operating And Direct Expenses 8.91 9.00 6.68
Changes In Inventories Of FG,WIP And Stock-In Trade 0.00 0.00 0.00
Employee Benefit Expenses 214.34 180.05 176.37
Finance Costs 3,899.58 4,065.63 5,099.45
Depreciation And Amortisation Expenses 51.23 53.18 58.78
Other Expenses 260.28 198.91 194.15
TOTAL EXPENSES 5,125.58 5,083.15 6,397.26
PROFIT/LOSS BEFORE EXCEPTIONAL, EXTRAORDINARY
ITEMS AND TAX
1,366.81 1,062.77
Exceptional Items 0.00 0.00 407.96
PROFIT/LOSS BEFORE TAX 1,366.81 1,062.77 0.00

8. TAX EXPENSES-CONTINUED OPERATIONS -146.46
Current Tax 83.38 242.56 0.00
Less: MAT Credit Entitlement 0.00 0.00 261.50
Deferred Tax 227.16 -1.71 925.22
Tax For Earlier Years 0.00 0.00 925.22
TOTAL TAX EXPENSES 310.54 240.85
PROFIT/LOSS AFTER TAX AND BEFORE EXTRAORDINARY
ITEMS
1,056.27 821.92
PROFIT/LOSS FROM CONTINUING OPERATIONS 1,056.27 821.92
PROFIT/LOSS FOR THE PERIOD 1,056.27 821.92 925.22

10. Line Item Mar 23 Mar 22 Mar 21
Revenue from Operations [Net] 85.93% 81.35%
100.00%
Total Operating Revenues 85.93% 81.35%
100.00%
Other Income 9.80% 25.66%
100.00%
Total Revenue 85.75% 81.19%
100.00%
Operating and Direct Expenses 79.97% 79.38%
100.00%
Employee Benefit Expenses 121.55% 102.07%
100.00%
Finance Costs 75.66% 79.80%
100.00%
Depreciation and Amortisation Expenses 87.15% 90.42%
100.00%
Other Expenses 134.08% 102.43%
100.00%
Profit/Loss Before Exceptional,
Extraordinary Items and Tax
115.26% 89.50% 100.00%
Profit/Loss Before Tax 115.30% 89.52%
100.00%

11. Tax Expenses-Continued Operations 118.74% 92.03% 100.00%
Profit/Loss After Tax and Before
Extraordinary Items
114.10% 88.94% 100.00%
Profit/Loss from Continuing Operations 114.10% 88.94% 100.00%
Profit/Loss for the Period 114.10% 88.94% 100.00%

13. Line Item 23-Mar 22-Mar 21-Mar
EQUITIES AND LIABILITIES
Shareholder's Funds
Equity Share Capital 100.16% 100.10% 100.00%
Reserves and Surplus 124.92% 110.78% 100.00%
Employees Stock Options 0.27% 75.65% 100.00%
Total Shareholders Funds 123.52% 110.58% 100.00%
NON-CURRENT LIABILITIES
Long Term Borrowings 75.74% 85.88% 100.00%
Other Long Term Liabilities 156.43% 23.87% 100.00%
Long Term Provisions 0.00% 95.26% 100.00%
Total Non-Current Liabilities 78.90% 82.81% 100.00%
CURRENT LIABILITIES
Short Term Borrowings 104.78% 87.84% 100.00%
Trade Payables 39.69% 24.19% 100.00%
Other Current Liabilities 13.34% 148.04% 100.00%
Short Term Provisions - - -
Total Current Liabilities 99.71% 95.83% 100.00%
Total Capital And Liabilities 93.77% 92.01% 100.00%

14. Assets
Non-Current Assets
Tangible Assets 76.00% 71.92% 100.00%
Intangible Assets 67.33% 86.91% 100.00%
Capital Work-In-Progress 0.49% 0.00% 100.00%
Intangible Assets Under Development 129.66% 149.58% 100.00%
Other Assets 96.30% 98.15% 100.00%
Fixed Assets 81.35% 83.86% 100.00%
Deferred Tax Assets [Net] 33.84% 92.74% 100.00%
Other Non-Current Assets 857.52% 183.05% 100.00%
Total Non-Current Assets 92.87% 95.36% 100.00%
Current Assets
Current Investments 156.67% 170.78% 100.00%
Trade Receivables 0.07% 259.18% 100.00%
Cash And Cash Equivalents 53.43% 74.00% 100.00%
Short Term Loans And Advances 95.49% 91.49% 100.00%
OtherCurrentAssets 135.64% 98.27% 100.00%
Total Current Assets 93.76% 91.99% 100.00%

15. 1.Steady Growth in Net Revenue:
1. Net Revenue from Operations has shown a consistent upward trend, reaching 85.93% of its 2021 value in
March 2023.
2. This indicates the company's ability to generate increasing revenue from its core operations over time.
2.Fluctuations in Other Income:
1. Other Income has experienced fluctuations over the years, with a peak in March 2021 at 100.00%.
2. Despite fluctuations, Other Income remains a significant contributor to total revenue.
3.Impact of Expenses on Profit:
1. Total Expenses have varied over the years, influencing the Profit/Loss Before Tax.
2. Despite fluctuations in expenses, the company has maintained profitability, reflecting its ability to manage
costs effectively.
4.Tax Expenses and Profitability:
1. Tax Expenses have fluctuated, affecting the Profit/Loss After Tax and Before Extraordinary Items.
2. Despite changes in tax liabilities, the company has sustained profitability, demonstrating resilience in adverse
tax environments.
ANALYSIS OF TREND REVENUE
STATEMENT

16. ANALYSIS OF TREND BALANCE SHEET
1.Shareholder's Funds:
1. Showed a consistent upward trend, with Equity Share Capital, Reserves and Surplus, and Employees Stock
Options all increasing steadily each year.
2.Non-Current Liabilities:
1. Long Term Borrowings witnessed a decline over the years, indicating a reduction in long-term debt burden.
2. Other Long Term Liabilities experienced fluctuations, suggesting changes in the company's long-term
obligations.
3. Long Term Provisions remained stable across the years.
3.Current Liabilities:
1. Short Term Borrowings showed an increasing trend, indicating higher short-term borrowing requirements.
2. Trade Payables fluctuated but remained relatively stable.
3. Other Current Liabilities increased significantly in the second year before stabilizing.
4.Assets:
1. Non-Current Assets saw fluctuations, with Tangible Assets and Fixed Assets showing a declining trend
initially.
2. Current Investments and Cash and Cash Equivalents witnessed significant growth, indicating increased
liquidity.

17. OVERALL ANALYSIS & FUTURE
PROJECTIONS
1.Financial Performance:
1. Positive trends observed in shareholder's funds, indicating a strong equity base and improved financial
stability.
2. Fluctuations in non-current and current liabilities suggest changes in long-term debt structure and short-term
financing requirements.
3. Asset trends reveal variations in asset composition, with a notable increase in current assets like cash and
investments.
2.Future Projections:
1. Continued growth in shareholder's funds anticipated, driven by sustained profitability and prudent financial
management.
2. Long-term borrowing expected to stabilize or decline further, reflecting efficient debt management strategies.
3. Focus on enhancing liquidity through increased cash reserves and investments to support future expansion
plans.
4. Emphasis on optimizing asset utilization and controlling liabilities to maintain a healthy balance sheet.

18. BIBLIOGRAPHY AND
WEBLIOGRAPHY
https://www.moneycontrol.com/stocks/company_info/print_main.php
https://mu.ac.in/wp-content/uploads/2021/11/Management-Accounting.pdf
https://www.pnbhousing.com/digital-annual-report/2022-2023/