Aptus Value Housing Finance India (APTUS) Q4 23/24 earnings summary

Executive summary

• FY24 AUM grew 29% YoY to ₹8,722 crore; disbursements rose 31% to ₹3,127 crore and PAT increased 22% to ₹612 crore.

• Growth centered on low- and middle-income borrowers, especially self-employed customers in rural and semi-urban markets; the customer base reached 1,33,499.

• Asset quality improved, with GNPA at 1.07% and NNPA at 0.80%; capital adequacy remained strong at 73.03%.

Financial highlights

• Total income was ₹1,417 crore, up 25% YoY; PBT increased 21% to ₹793 crore and PAT rose 22% to ₹612 crore.

• Consolidated revenue from operations reached ₹1,365 crore; consolidated PAT was ₹612 crore versus ₹503 crore in FY23.

• Interest income increased 25% to ₹1,320 crore; fee and other income grew to ₹97 crore from ₹75 crore.

• Net worth rose 13% to ₹3,768 crore from ₹3,339 crore; borrowings increased to ₹5,200 crore from ₹3,786 crore.

• Consolidated basic EPS was ₹12.27 versus ₹10.11 in FY23; diluted EPS was ₹12.21 versus ₹10.08.

Outlook and guidance

• Priorities include expanding across existing markets, deeper penetration in newer markets such as Odisha and Maharashtra, and continued branch-led growth.

• Planned execution focus includes cybersecurity, AI/ML credit scoring, automation, stronger analytics, productivity, credit-cost management and diversified funding.

• Industry outlook cited affordable housing finance portfolio growth of ~30% YoY for FY25, supported by demand and government initiatives.