Aptus Value Housing Finance India (APTUS) Q4 21/22 earnings summary

Executive summary

• FY22 consolidated AUM rose 27% to ₹5,180 crore; disbursements grew 26% to ₹1,641 crore, PAT rose 39% to ₹370 crore.

• Focus remained on affordable housing and loans for lower- and middle-income, self-employed customers in rural and semi-urban markets; the network reached 208 branches across five states.

Financial highlights

• Consolidated gross income increased 28% to ₹840 crore from ₹658 crore; PBT was ₹480 crore versus ₹345 crore, and PAT was ₹370 crore versus ₹267 crore.

• Consolidated revenue from operations was ₹815 crore versus ₹640 crore; interest income reached ₹792 crore versus ₹627 crore.

• Consolidated basic EPS was ₹7.58 versus ₹5.56; diluted EPS was ₹7.53 versus ₹5.55.

• Loan disbursements totaled ₹1,641 crore: home loans ₹918 crore, non-housing loans ₹533 crore and business loans ₹190 crore.

Outlook and guidance

• FY23 outlook cited continued affordable-housing demand, government PMAY support and rising rural incomes as growth drivers; the FY23 budget set a target of 80 lakh homes.

• Priorities include deeper penetration in existing markets, contiguous expansion into Odisha, Maharashtra and Chhattisgarh, sustained asset-quality focus and cost efficiency.

• Growth plans emphasize lower- and middle-income self-employed borrowers, existing products, productivity and access to diversified, lower-cost funding.