The call ran from 6:01 PM to 6:46 PM IST (45 min).
Key takeaways
Q2 FY27 PAT ₹308 Cr with 22% disbursement growth, but GS2 rose ~25bps QoQ and management stayed defensive, reiterating guidance despite rate-hike pressure.
| Management target | Net Profit 20.0% |
|---|
| Revenue growth | Disbursement +22% YoY; AUM +20% like-for-like; headline AUM +18%. |
|---|---|
| Margins | Exit spread 5.73%; cost of funds 7.7%; hikes passed on after lag. |
| Order book | Undrawn sanctions ₹1,466 Cr; fresh NHB sanction ₹1,000 Cr received. |
| Demand visibility | Oct disbursements ~₹900 Cr/month; Q3 disbursement growth minimum 20%. |
| Management confidence | Defensive on GS2 rise; repeatedly 'confident' despite stage-2 uptick. |
Growth
Disbursement +22% YoY; AUM +20% like-for-like. PAT ₹308 Cr vs ₹266 Cr; ESOP-adjusted growth 20%.
Outlook
Guides 20% AUM/PAT growth (medium-term); H2 disbursement growth 20%+; credit cost 25bps, headline NPA 1.10–1.115% by year-end.
Risks
GS2 up ~25bps QoQ, called seasonal; Q2 credit cost 31bps vs 25bps annual guide; rate-hike pass-through lag.
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Aadhar Housing Finance Q2 FY27 Results: Net Profit ₹308.3 Cr, Up 15.7% YoY
Aadhar Housing Finance Ltd reported revenue from operations of ₹1,048 Cr (+16.8% YoY) and net profit of ₹308.3 Cr (+15.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹308.3 Cr · +15.7% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Focus on digital-first operating model, AI/ML for credit underwriting, and expanding 626-branch network in tier 4/5 towns.
Growth they described
AUM grew 20% YoY to $3,218Mn; PAT increased 22% YoY to $117Mn; Disbursements up 17% to $1,006Mn.
Call details
| Company | Aadhar Housing Finance Limited |
|---|---|
| NSE symbol | AADHARHFC |
| ISIN | INE883F01010 |
| Call | Q2 FY27 earnings call |
| Date | Thursday, 5 November 2026 |
| Time | 6:00 PM IST |
| Length | 45 min |
| Audio | Our stream on YouTube ↗ |
Aadhar Housing Finance Limited: key numbers
- Share price
- ₹438.25
- Market cap
- ₹19,213 Cr
- Revenue (annual)
- ₹3,673 Cr
- Net profit (annual)
- ₹1,096 Cr
- P/E (TTM)
- 16.8×Sector 19.5×
- Promoter holding
- 64.51%-0.15% QoQ
- FII holding
- 4.11%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Other calls on Thu, 5 Nov
Today's concalls →
