Aptus Value Housing Finance India (APTUS) Q1 26/27 earnings summary

Executive summary

• Assets under management (AUM) grew 21% year-over-year to INR 13,648 crore, with disbursements up 36% to INR 1,053 crore in Q1 FY27 and expansion to 372 branches across 7 states/UTs.

• Profitability remained strong, with ROE at 20.4%, ROA at 7.8%, and net profit rising 19% YoY to INR 261 crore.

• Maintained strong asset quality with GNPA at 1.7% and NNPA at 1.29%, serving 1.93 lakh customers.

• Strategic initiatives included 33 new branches, digital marketing, connector channel development, and high digital adoption (99.5% customer app usage, 94.1% digital collections).

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

Financial highlights

• Net income margin grew 19% YoY to INR 441 crore, with consolidated total income at ₹61,065.40 lakhs and net profit at ₹26,094.10 lakhs for Q1 FY27.

• Operating expenses to AUM held at 2.7%, credit cost for the quarter was 0.6%, and net worth increased to ₹5,198 crore.

• Spreads remained stable at 9%, cost of funds declined to 8%, and capital adequacy ratio stood at 70% as of June 2026.

• Collection efficiency consolidated at 98.5%–99%, with 30+ DPD at 6.87% (improved by 20 bps in July).

• Debt-equity ratio at 1.26, net profit margin at 45.01%, and liquidity coverage ratio at 187.87%.

Outlook and guidance

• Confident of achieving FY 2027 AUM growth guidance of 22%-24%, with focus on contiguous branch expansion and product diversification.

• Continued emphasis on productivity, credit cost control, and diversified funding, including plans for hybrid rate loan products.

• Focus on maintaining operating efficiency, stable spreads, and credit discipline.