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

Executive summary

• Achieved 24% year-over-year AUM growth to INR 11,267 crores and 15% YoY disbursement growth to INR 775 crores in Q1 FY26.

• Net profit rose 28% YoY to INR 219 crores, 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.

• Customer base expanded 20% YoY to 1.65 lakh, with branch network reaching 301 locations.

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

Financial highlights

• Total income for Q1 FY26 was INR 530 crores, up 23% YoY; NIM at INR 370 crores, up 30% YoY.

• PAT for Q1 FY26 was INR 219 crores, marking 28% year-over-year growth.

• Net income margin at 13.4%, OpEx to assets at 2.7%, credit cost at 38-40 bps (within 45-50 bps guidance).

• ROA at 7.9% and ROE at 20.1%.

• Net worth stood at INR 4,415 crores; CRAR at 70%.

Outlook and guidance

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

• Long-term aspiration to reach INR 25,000 crore AUM by FY29, prioritizing asset quality.

• 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 construction activity normalizes.