Aptus Value Housing Finance India (APTUS) Q1 25/26 earnings summary

Executive summary

• Achieved 24% year-over-year AUM growth to ₹11,267 Cr and 15% YoY disbursement growth to ₹775 Cr in Q1 FY26, with a focus on diversified product mix and customer base, especially in tier 3 and 4 cities.

• Net profit rose 28% YoY to ₹219 Cr, with ROA at 7.9% and ROE at 20.1%.

• Long-term credit rating upgraded to CARE AA; Stable, reflecting robust asset quality and prudent risk management.

• Maintained strong digital adoption: 91% digital agreements, 94% digital collections.

• Unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, were approved, showing strong profitability and growth in both revenue and net income.

Financial highlights

• AUM grew 24% year-over-year to INR 11,267 crores; disbursements for the quarter were INR 775 crores, up 15% YoY.

• PAT for Q1 FY26 was INR 219 crores, up 28% YoY; total income for Q1 FY26 was ₹530 Cr, up 23% YoY.

• Gross NPA increased to 1.49% (up 19 bps QoQ), Net NPA at 1.12%.

• ROA at 7.9% and ROE at 20.1%, both among the highest in the segment.

• Net income margin at 13.4%; OpEx to assets at 2.7%.

Outlook and guidance

• Disbursement growth for FY26 guided at 22%, with AUM growth targeted at 28%-29%.

• Targeting AUM of ₹25,000 Cr by FY28-29, prioritizing asset quality and expansion into Maharashtra and Odisha.

• Credit cost guidance maintained at 45-50 bps.

• Focus on digital transformation, contiguous branch expansion, and diversified funding.

• Confident of steady growth in coming quarters as business activity normalizes post-seasonality.