Aptus Value Housing Finance India Limited has announced its audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The Board of Directors, at their meeting held on May 06, 2026, considered and approved the financial results, which were audited by M/s. Sundaram & Srinivasan, Chartered Accountants. The auditors issued an unmodified opinion on both the annual standalone and consolidated financial results. During the year, 9,28,598 equity shares were allotted to employees who exercised their options under the approved employee stock option schemes. The company also released its Investor Presentation for Q4/FY26 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Commentary

Commenting on the results, Mr. P. Balaji, Managing Director, said, "Q4FY26 saw a further strengthening of our growth momentum, aided by technology enhancements and ongoing process improvements, alongside continued focus on credit quality. AUM grew 21% to ₹13,107 Cr in Q4 FY26, driven by highest ever quarterly disbursements of ₹1,242 Cr, reflecting growth of 21% QoQ and 17% YoY."

Mr. Balaji further noted that the company discontinued sanctions below ₹7 lakh during the year to onboard higher-quality customers, which led to temporary moderation in disbursements in Q1 and Q2 before a strong rebound in Q4. He added that digitisation remains strong, with over 92% of agreements executed digitally and 94% of collections through digital channels. On asset quality, he stated that 30+ DPD declined 27 bps sequentially to 6.21%, while GNPA closed the year at 1.52% versus 1.19% in FY25. The total income grew 25% YoY to ₹2,246 Cr in FY26, with spreads improving to 8.9% driven by a decline in cost of funds to 8.3%. The credit cost for FY26 remained at 50 bps, within the guided range.

Q4FY26 and FY26 Snapshot

The following table presents the key operational and financial highlights for Q4FY26 and FY26 on a standalone basis:

Consolidated Financial Performance

The consolidated Profit and Loss statement for the period reflects strong revenue and profitability growth. The following table summarizes the consolidated P&L:

For the full financial year, the standalone net profit stood at Rs. 69,287.04 lakhs, with basic and diluted EPS of Rs. 13.86 and Rs. 13.85 respectively. The company's standalone net worth was recorded at Rs. 4,27,411.16 lakhs, with a debt-equity ratio of 1.21, operating margin of 51.91%, and net profit margin of 44.30%.

Consolidated Balance Sheet

The consolidated balance sheet as at March 31, 2026 is summarized below:

AUM Distribution by State

The company's AUM is spread across multiple states, with Andhra Pradesh contributing the largest share. The state-wise AUM growth is presented below:

Asset Quality and ECL Provisions

The company maintained a healthy asset quality profile. The Provision Coverage Ratio on Stage 3 assets stood at 25.0%. The following table summarizes the ECL provision details:

The listed Non-Convertible Debentures of the company aggregating Rs. 1,16,213.66 lakhs as at March 31, 2026 are secured by way of an exclusive charge on identified standard receivables and also by a subservient charge over immovable property, with total asset cover exceeding one hundred percent of the principal amount.

Subsidiary Performance

The consolidated financial results include Aptus Finance India Private Limited, a wholly owned subsidiary of the company. As at March 31, 2026, the subsidiary reported total assets of Rs. 3,79,389.60 lakhs. For the financial year ended March 31, 2026, the subsidiary recorded total revenue of Rs. 73,069.49 lakhs, profit after tax of Rs. 27,534.49 lakhs, and total comprehensive income of Rs. 27,534.49 lakhs. The listed Non-Convertible Debentures at the consolidated level aggregated Rs. 1,30,562.79 lakhs as at March 31, 2026, secured by an exclusive charge on identified standard receivables and a subservient charge over immovable property.

Loan Transfer Disclosures

Pursuant to RBI master direction on Transfer of Loan Exposures, the company disclosed the following loan assignment and stressed loan transfer activity for the quarter ended March 31, 2026 on a standalone basis:

On a consolidated basis, the company assigned 2,088 loan accounts amounting to Rs. 18,265.70 lakhs across 2 transactions, with a weighted average maturity of 101 months. Stressed loans transferred at the consolidated level comprised 983 accounts amounting to Rs. 6,398.78 lakhs, with aggregate consideration of Rs. 2,559.51 lakhs and a loss on sale of Rs. 491.32 lakhs.

Related Party Transactions

Pursuant to Regulation 23(9) of the SEBI (LODR) Regulations, 2015, the company disclosed related party transactions for the period ended March 31, 2026. Key transactions included remuneration of Rs. 1,402.44 lakhs to M Anandan (Executive Chairman), salary and share-based benefits of Rs. 301.25 lakhs and Rs. 25.55 lakhs respectively to Sanjay Mittal (Chief Financial Officer), and salary and share-based benefits of Rs. 39.62 lakhs and Rs. 43.05 lakhs respectively to P Balaji (Managing Director). Sanin Panicker (Company Secretary) received salary of Rs. 14.05 lakhs and share-based benefits of Rs. 0.32 lakhs. Support cost shared with Aptus Finance India Private Limited (wholly owned subsidiary) amounted to Rs. 3,959.68 lakhs, while loans and advances repaid by the subsidiary stood at Rs. 12,000.00 lakhs, with interest income received of Rs. 905.31 lakhs. The total value of related party transactions during the reporting period was Rs. 18,705.67 lakhs.

Liquidity and Capital Adequacy

The company maintained a comfortable liquidity position. Cash and cash equivalents stood at ₹556.70 Cr and unavailed sanctions from banks were ₹1,505.00 Cr, resulting in total liquidity of ₹2,061.70 Cr. The Capital Adequacy Ratio (CRAR) as on March 31, 2026 stood at 71.0%. The company holds credit ratings of AA Stable from both ICRA and CARE, supported by 25+ lender relationships.

New Labour Codes Impact

Following the Government of India's consolidation of 29 existing labour laws into four Labour Codes on November 21, 2025, the company estimated an increase in provision for employee benefits of Rs. 384.23 lakhs on a standalone basis (Rs. 385.00 lakhs on a consolidated basis). This amount has been recognised under the head 'Employee benefits expense' in the statement of profit and loss for the year ended March 31, 2026.

Dividend Declaration

The Board of Directors declared a second interim dividend of Rs. 2.50 per equity share, representing 125% of the face value of Rs. 2/- each for the financial year 2025-26. The record date for determining eligibility has been fixed as Friday, May 15, 2026. The dividend will be paid within 30 days from the date of declaration to members whose names appear in the Register of Members as on May 15, 2026.

Fundraising and Capital Allocation

The Board approved the issuance of Non-Convertible Debentures (NCDs) for an aggregate amount not exceeding Rs. 3,000 crores, to be conducted in one or more tranches via private placement, in compliance with the Companies Act, 2013, and SEBI Listing Regulations. The company also disclosed that it had raised Rs. 10,000.00 lakhs through the private placement of NCDs on February 12, 2026, with no deviation in the utilization of proceeds.

Source: Company/INE852O01025/6830f6180a5749c1.pdf

Aptus Value Housing Finance India Ltd. has announced the re-appointment of Ms. Mona Kachhwaha as Non-Executive Independent Director for a term of 2 years. The decision was made by the Board of Directors on April 28, 2026, following recommendations from the Nomination and Remuneration Committee.

Re-appointment Details

The company has provided comprehensive details regarding Ms. Kachhwaha's re-appointment in compliance with regulatory requirements:

Professional Background

Ms. Mona Kachhwaha brings extensive experience to the board with over 30 years in banking and investments. She currently serves as a Partner at UC Impower, an early-growth stage equity fund incubated by Unitus Capital since 2020. Her previous role at Caspian Impact Investment Adviser from 2007-2019 involved managing the India Financial Inclusion Fund, focusing on inclusive finance growth equity.

Her career began at Citibank from 1994-2007, where she worked across various retail asset businesses and spearheaded the bank's entry into Inclusive Finance in 2005. Ms. Kachhwaha holds strong academic credentials, including a Mathematics Honours degree from Delhi University (1992) and an MBA from XLRI, Jamshedpur (1994). She further enhanced her expertise through an executive program in Private Equity from Said Business School, Oxford University, completed in 2010.

Current Directorships

Ms. Kachhwaha maintains several key positions across different organizations:

• Parinaam Foundation
• Ujjivan Small Finance Bank Limited
• RMBS Development Company Limited
• Designated partner at UC Investment Management LLP

Regulatory Compliance

The company has confirmed that Ms. Kachhwaha meets all regulatory requirements for the position. She is not debarred from holding the office of director by virtue of any SEBI order or other authority, as required under BSE Circular LIST/COMP/14/2018-19 and NSE Circular NSE/CML/2018/24 dated June 20, 2018.

The re-appointment has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full compliance with listing requirements. The company has also confirmed that Ms. Kachhwaha is not related to any other director of the company, maintaining independence standards.