Aadhar Housing Finance (AADHARHFC) investor relations material

Executive summary

• Q1 FY27 saw 18% year-over-year AUM growth to INR 31,364 crore (INR 314 bn), with a 100% secured retail book focused on low-income housing and a pan-India branch network of 628 branches across 22 states.

• PAT rose 19% year-over-year to INR 282 crore (INR 2.8 bn), maintaining strong profitability and returns.

• Disbursements reached INR 2,036 crore (INR 20.4 bn) on check clearance/realisation basis, with a transition to this reporting method for enhanced transparency.

• Asset quality remained robust with GNPA at 1.31%, and the portfolio is fully secured and retail-focused, with 73% home loans and 27% non-home loans.

• Unaudited standalone and consolidated financial results for Q1 FY27 were approved with no material misstatements identified.

Financial highlights

• Total income for Q1 FY27 was INR 9,972 mn (₹99,708 lakhs), up 17% year-over-year.

• PAT for Q1 FY27 was INR 282 crore (₹28,231 lakhs), up 19% from Q1 FY26.

• Net interest margin increased 20% year-over-year to INR 6,208 mn.

• Cost-to-income ratio stood at 36.3% (including ESOP expense of INR 14 crore); excluding ESOP, it was 34.1%.

• Capital adequacy ratio at 42.9% as of June 2026.

Outlook and guidance

• Medium-term guidance reaffirmed: 20% AUM growth, 20% profit growth, and 17%-18% disbursement growth for FY27.

• Positive ALM across all buckets, with 73% of AUM and 78% of borrowings on floating rates.

• Continued focus on low-income housing, digital transformation, and operational efficiency.

• The company continues to monitor regulatory changes, including new Labour Codes, and will reassess financial impacts as rules are finalized.