PNB Housing Finance profit increased 21.79% in (Q2) FY 2020-21

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Team Infinities:

PNB Housing Finance Limited NSE Symbol:PNBHOUSING, BSE Security Code:540173 has declared its 2nd(second) quarter unaudited consolidated financial report from the month of July, 2020 to the month of September, 2020; for the fiscal year 2020-21.

Revenue Reported by PNB Housing Finance Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
20.22 18.72 22.30 38.94 44.63
Calculated Revenue of PNB Housing Finance Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
1.50 8.01%(Revenue Increase) 2.08 9.33%(Revenue Decrease) 5.69 12.75%(Revenue Decrease)

Revenue: PNB Housing Finance Limited's financial report shows that the company's revenue increased by 8.01% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.1.50 billions, as the company posted revenue of Rs.20.22 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.18.72 billions.
The result also shows that the company's revenue decreased by 9.33% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.2.08 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.22.30 billions.
The company also reported that its revenue decreased by 12.75% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.5.69 billions, since the company reported revenue of Rs.38.94 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.44.63 billions.

EBITDA Reported by PNB Housing Finance Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
17.50 17.09 19.64 34.59 39.07
Calculated EBITDA of PNB Housing Finance Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
0.41 2.40%(EBITDA Increase) 2.14 10.90%(EBITDA Decrease) 4.48 11.47%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 2.40% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.0.41 billion, as the company posted EBITDA of Rs.17.50 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.17.09 billions.
The result also shows that the company's EBITDA decreased by 10.90% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.2.14 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.19.64 billions.
The company also reported that its EBITDA decreased by 11.47% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.4.48 billions, since the company reported EBITDA of Rs.34.59 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.39.07 billions.

Profit and Loss Reported by PNB Housing Finance Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
3.13(Profit ) 2.57(Profit ) 3.67(Profit ) 5.70(Profit ) 6.51(Profit )
Calculated Profit and Loss of PNB Housing Finance Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
0.56 21.79%(Profit Increase) 0.54 14.71%(Profit Decrease) 0.81 12.44%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 21.79% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit increase of Rs.0.56 billion, as the company posted profit of Rs.3.13 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported profit of Rs.2.57 billions.
The result also shows that the company's profit decreased by 14.71% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit decrease of Rs.0.54 billion; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.3.67 billions.
The company also reported that its profit decreased by 12.44% in 6 months end(April, 2020 - September, 2020) for profit decrease of Rs.0.81 billion, since the company reported profit of Rs.5.70 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.6.51 billions.

EPS Reported by PNB Housing Finance Limited for Second Quarter FY, 2020-21
Current Quarter (July, 2020 - September, 2020) Previous Quarter (April, 2020 - June, 2020) Corresponding Quarter (July, 2019 - September, 2019) 6 Months Ended (April, 2020 - September, 2020) Corresponding 6 Months Ended (April, 2019 - September, 2019)
18.63 15.29 21.82 33.92 38.78
Calculated EPS of PNB Housing Finance Limited for Second Quarter FY, 2020-21
Current(September, 2020) VS Previous(June, 2020) Current(September, 2020) VS Corresponding(September, 2019) 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019)
Change Change % Change Change % Change Change %
3.34 21.84%(EPS Increase) 3.19 14.62%(EPS Decrease) 4.86 12.53%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 21.84% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.3.34, as the company posted EPS of Rs.18.63; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EPS of Rs.15.29.
The result also shows that the company's EPS decreased by 14.62% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.3.19; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.21.82.
The company also reported that its EPS decreased by 12.53% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.4.86, since the company reported EPS of Rs.33.92; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.38.78.

Assets Reported by PNB Housing Finance Limited for Second Quarter FY, 2020-21
Details Non-current Assets Current Assets
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 8.23 8.39 762.62 780.90
  Change Change % Change Change %
Calculated 0.16 1.91%(Assets Decrease) 18.28 2.34%(Assets Decrease)

Assets:The company reported its non-current assets decreased by 1.91% in current quarter(September, 2020) for non-current assets decrease of Rs.0.16 billion, since the company reported net non-current assets of Rs.8.23 billions; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.8.39 billions.
The balance sheet of the company also shows that, its current assets decreased by 2.34% in current quarter(September, 2020) for current assets decrease of Rs.18.28 billions, as the company reported net current assets of Rs.762.62 billions; against previous year end(March, 2020) when the company reported net current assets of Rs.780.90 billions.

Liabilities Reported by PNB Housing Finance Limited for Second Quarter FY, 2020-21
Details Non-current Liabilities Current Liabilities
Current Year Ended(September, 2020) Previous Year End(March, 2020) Current Year Ended(September, 2020) Previous Year End(March, 2020)
Reported 7.53 14.20 678.22 695.12
  Change Change % Change Change %
Calculated 6.67 46.97%(Liabilities Decrease) 16.90 2.43%(Liabilities Decrease)

Liabilities:The company reported its non-current liabilities decreased by 46.97% in current quarter(September, 2020) for non-current liabilities decrease of Rs.6.67 billions, since the company reported net non-current liabilities of Rs.7.53 billions; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.14.20 billions.
The balance sheet of the company also shows that, its current liabilities decreased by 2.43% in current quarter(September, 2020) for current liabilities decrease of Rs.16.90 billions, as the company reported net current liabilities of Rs.678.22 billions; against previous year end(March, 2020) when the company reported net current liabilities of Rs.695.12 billions.

 


***All amounts are given in Billion Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.