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Aptus Value Housing Finance India Ltd
NSE: APTUS BSE: 543335 INE852O01025 Financial Services NBFC 🔎 Screen
NIFTY 500 Smallcap 100 Smallcap 250
₹13,054 Cr
Market Cap
2.63
P/B
13.30%
NIM
20.1%
ROE
GNPA
53.5%
Fin. Margin
-27.2%
% from 52W High
31
α RS
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📈 Price History
Ratio Health
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Shareholding
About

Aptus Value Housing Finance India Ltd is a Home Loan Company. Aptus has been formed to primarily address the housing finance needs of self-employed, low and middle income families primarily from semi-urban and rural areas. Company targets first-time home buyers where collateral is self- occupied residential property.

✓ Strengths 2
  • Company has delivered good profit growth of 28.7% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 30.2%
! Concerns

No concerns data yet.

Key Ratios Snapshot
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📈 Growth Pattern
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3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
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Strong beat — record disbursements and robust AUM growth drove PAT up 26% YoY and RoE to 21.2%, but asset quality weakened YoY with GNPA rising 33 bps. quarter Investor Presentation One-Pager? Mar 2026
Revenue
₹594 Cr
Total income (interest + fees + net gain) for Q4; FY26 total income ₹2,246 Cr, +25% YoY
PAT
₹261 Cr
+26% YoY, +11% QoQ
AUM
₹13,107 Cr
+21% YoY, +6% QoQ
What Went Right
  • Record quarterly disbursements of ₹1,242 Cr, up 17% YoY and 21% QoQ, driven by rebound after H1 moderation.
  • Spreads improved to 9.0% (FY26) vs 8.6% in FY25; cost of funds declined 33 bps YoY to 8.3%.
  • RoA/ RoE at 8.2% / 21.2% for Q4, among the best in industry and up sharply YoY (36 bps / 153 bps).
  • Collection efficiency improved to 100.5% in Q4 (vs 99.1% Q3), reducing 30+ DPD by 27 bps sequentially to 6.21%.
  • Expansion in Maharashtra & Odisha delivered AUM growth of 165% YoY (to ₹143 Cr), aided by branch additions and strong traction.
What to Watch
  • GNPA rose to 1.52% (FY26) from 1.19% (FY25), and NNPA to 1.15% from 0.89% — both YoY deterioration driven by higher slippages in NBFC portfolio.
  • Credit cost doubled to ₹62 Cr in FY26 (50 bps) vs ₹28 Cr (28 bps) in FY25, though still within guided range of <60 bps.
  • Opex ratio edged up 8 bps YoY to 2.7% of avg AUM, as technology and branch expansion costs rose.
  • Yield declined 30 bps QoQ to 17.1% in Q4 FY26, reflecting lower lending rates on incremental loans to drive volume.
  • Decision to stop sanctions <₹7 lakh led to temporary disbursement moderation in H1 FY26; full year disbursement growth was 11% YoY, below AUM growth of 21%.
Management Guidance
  • Management targets 22-24% AUM growth in FY27, supported by accelerated branch additions, deeper penetration in existing markets, and higher average ticket sizes.
Investor Lens
The thesis of high-growth, high-ROE affordable housing finance remains intact, with AUM expanding 21% and RoE crossing 21%. However, the 33 bps YoY increase in GNPA and doubling of credit cost warrant close monitoring — particularly the NBFC portfolio. The yield compression (down 30 bps QoQ) partly reflects competitive pressure and the strategic pivot to higher ticket loans. Next quarter, watch: (1) whether AUM growth sustains near guidance, (2) GNPA trajectory, especially if collection efficiency stays above 100%, and (3) whether cost of funds can decline further to protect spreads.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG Aptus delivers strong quarter: ₹261 Cr PAT, 54% financing margin, ROE 20.1%
Revenue
Revenue for the quarter stood at ₹600 Cr, with other income contributing ₹10 Cr. Interest expense was ₹170 Cr, leaving a healthy net interest income. YoY comparison is not available from the provided data.
Profitability
Net Profit came in at ₹261 Cr with EPS of ₹5.21, translating to an ROE of 20.1%. PBT stood at ₹329 Cr with a tax rate of 21%, reflecting strong bottom-line performance.
Margins
Financing margin for the quarter was 54%, indicating a healthy spread between yields and borrowing costs. No trend data is available to assess sequential or yearly NIM movement.
Cash Flow
Skip — not applicable for banking/financial companies.
Balance Sheet
Balance sheet details such as advances, deposits, and capital adequacy were not disclosed in this data. An ROE of 20.1% suggests sound capital efficiency, though asset-side composition remains unknown.
Key Risks
Key risks include potential NIM compression if cost of borrowings rises, deterioration in asset quality in the affordable housing segment, and regulatory changes affecting NBFCs. These factors could impact future profitability.
Outlook
With strong financing margins and profitability, the company appears well-positioned, but sustainability depends on credit discipline. Watch for loan growth and asset quality trends in upcoming quarters.
Generated by AI · Jun 2026 results · Not investment advice
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🏦 Banking KPIs

NIM, GNPA, CASA, CAR, ROA, ROE and more — extracted from investor presentations
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💼 Management Guidance

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Guidance vs Delivery — management track record
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