In my opinion there are few points where can fin scores over pnb housing
1) Borrower profile - with almost all focus on salaried and non salaried class, can fin "risk" can be considered lower
2) Housing loans % - 88% of loan book is made up of housing loans for can fin .. for pnb housing this % is slightly above 70% .. again, lower risk for can fin
3) Clearly communicated vision to the street - Can fin has clearly communicated its vision 2020 and has achieved the intermediate milestones in the last few years .. pnb housing doesn't provide any guidance (as far as I know) .. hence, confidence on can fin's growth may be higher
4) Average cost of borrowing, NIM %, cost to income ratio, ROA, ROE - better for can fin as compared to pnb housing for last 3 years
In my opinion, both are very good hfc's growing at scorching pace. But between the two, can fin is better.
Disc: invested in pnb housing and can fin homes. Higher allocation to can fin. Views might be biased