Aptus Value Housing Finance India (APTUS) Q2 25/26 earnings summary

Executive summary

• Targeting INR 25,000 crore AUM in the medium term, with a focus on sustaining 25%+ growth through branch expansion, digital enablement, and operational excellence.

• Achieved 22% YoY AUM growth to ₹11,767 Cr and 24% YoY PAT growth to ₹227 Cr in Q2 FY26, with disbursements up 24% QoQ to ₹963 Cr.

• Expanded to 321 branches, adding 20 new locations, focusing on Maharashtra, Odisha, and under-penetrated areas.

• Maintained strong asset quality with GNPA at 1.55% and NNPA at 1.17%, despite a marginal rise in delinquencies.

• Board approved unaudited standalone and consolidated financial results for Q2 and H1 FY26, with statutory auditors issuing an unmodified limited review report for both.

Financial highlights

• Q2 FY26 revenue from operations: ₹54,404.03 lakhs, up from ₹46,953.41 lakhs in Q1 FY26 and ₹40,517.59 lakhs in Q2 FY25.

• Q2 FY26 net profit: ₹22,654.89 lakhs, up from ₹21,925.15 lakhs in Q1 FY26 and ₹18,196.91 lakhs in Q2 FY25.

• H1 FY26 PAT grew 26% YoY to ₹446 Cr; PPOP up 30% YoY to ₹608 Cr.

• ROA at 7.9% and ROE at 20% for Q2 FY26, among the best in the industry.

• Earnings per share (consolidated, basic): ₹4.54 for Q2 FY26 vs ₹3.65 for Q2 FY25.

Outlook and guidance

• Confident of achieving 25% AUM growth, supported by new branch additions and stabilized digital systems.

• October performance indicates continued momentum, with expectations of strong QoQ growth in Q3.

• Continued focus on expanding in new and under-penetrated markets, leveraging technology for efficiency and risk management.