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Earnings Call

Aadhar Housing Finance Earnings Call: Key Takeaways

Aadhar Housing Finance delivered strong FY26 performance, focusing on low-income retail housing. AUM reached $3,218Mn with a 4.4% RoA and diversified funding across 42 lenders.

Why this was an Alfa AlertNot a filter event. Results are strong but represent steady growth rather than a material beat (>10%) over explicit management guidance.
Highlights
MarginsSpreads improved by 13 bps YoY to 5.8%.
Demand visibilityStrong; targeting underserved low-income segments with ticket sizes <$16k.
Management confidenceHigh; citing seasoned business model and robust credit assessment framework.

Growth

AUM grew 20% YoY to $3,218Mn; PAT increased 22% YoY to $117Mn; Disbursements up 17% to $1,006Mn.

Outlook

Focus on digital-first operating model, AI/ML for credit underwriting, and expanding 626-branch network in tier 4/5 towns.

Risks

Asset quality shows slight GNPA uptick (+3 bps to 1.08%); concentration in low-income segment sensitive to economic shifts.

Last quarter's promises, checked

Delivered

  • AUM growth ~20% → delivered 20% (= BEAT)
  • Disbursement growth 16-17% → delivered 17% (= BEAT)
  • Cost-to-income drop ~50 bps → delivered 55 bps drop (= BEAT)

Partly delivered

  • Credit cost within 25 bps → delivered 28 bps (= PARTIAL)

Missed

  • GNPA target 1.10-1.15% → delivered 1.38% (= MISS)
Source

Earnings Call filed with BSE, NSE: AADHARHFC. Summary written with AI assistance from the document.

Read the document ↗

Aadhar Housing Finance Ltd: key numbers

Share price
₹444.50
Market cap
₹19,487 Cr
Revenue (annual)
₹3,673 Cr
Net profit (annual)
₹1,096 Cr
P/E (TTM)
17.1×Sector 22.0×
Promoter holding
64.66%-0.24% QoQ
FII holding
5.80%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Aadhar Housing Finance Ltd

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15:18 IST BSE
Credit Rating

Aadhar Housing Finance Credit Rating

ICRA upgraded Aadhar Housing Finance's NCD, bank facility, and subordinated debt ratings to AA+ (Stable). Commercial paper reaffirmed at A1+.

19:18 IST BSE
Management Change

Aadhar Housing Finance Management Change

Shareholders approved the appointment of Mr. Nikhil Goyal as a Non-Executive (Nominee) Director of Aadhar Housing Finance Ltd.

19:01 IST BSE
Annual General Meeting

Aadhar Housing Finance Annual General Meeting

Aadhar Housing Finance shareholders approved the appointment of Mr. Nikhil Goyal as a Non-Executive (Nominee) Director via postal ballot.

15:16 IST BSE
Debt & Borrowing

Aadhar Housing Finance Debt & Borrowing: ₹10 Cr

Aadhar Housing Finance Ltd has successfully completed the full redemption of its Series 0005 NCDs, amounting to ₹10 Crore, upon maturity.

Value
₹10.00 Cr
15:13 IST BSE
Debt & Borrowing

Aadhar Housing Finance Debt & Borrowing: ₹10.9 Cr

Aadhar Housing Finance repaid Rs. 10.90 Crore for principal redemption and interest on its Non-Convertible Debentures (ISIN: INE538L08054).

Value
₹10.90 Cr
12:54 IST BSE
Other Announcement

Aadhar Housing Finance Other Announcement

Aadhar Housing Finance received an ESG rating of '56.00 - Performer' from Niche99 for FY 2026. The rating was prepared independently using public domain data.