Aptus Value Housing Finance reported a 19% year-on-year increase in consolidated net profit to ₹261 crore for the quarter ended June 30, 2026 (Q1FY27), driven by a 36% surge in disbursements to ₹1,053 crore and a 21% expansion in assets under management (AUM) to ₹13,648 crore. The housing finance company maintained robust profitability with a return on assets (RoA) of 7.8% and return on equity (RoE) of 20.4%, despite a slight sequential deterioration in asset quality due to seasonal collection pressures. The Board of Directors approved the unaudited financial results on July 31, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Consolidated net income margin grew 19% year-on-year to ₹441 crore from ₹370 crore in Q1FY26. Net profit for the quarter stood at ₹261 crore, up from ₹219 crore in the corresponding period of FY26. The company’s operational efficiency remained stable, with the operating expense (Opex) ratio holding steady at 2.7%, while credit costs were contained at 0.6%, in line with management guidance. Net spreads remained healthy at 9.0%, supporting the top-line growth.

Asset Quality and Operational Updates

Asset quality metrics showed a marginal sequential uptick in stress indicators. Gross non-performing assets (GNPA) rose to 1.70% from 1.50% year-ago, while net NPA increased to 1.29% from 1.10%. Management attributed the sequential rise in delinquencies to seasonal impacts on collection efficiency, noting that underlying credit quality remains resilient. The 30+ days past due (DPD) ratio stood at 6.87%.

Operationally, Aptus expanded its branch network by adding 33 branches during the quarter, bringing the total to 372 across Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Odisha, and Maharashtra. The company plans to add another 25 branches in Q2FY27. Strategic initiatives include discontinuing sanctions for loans below ₹7 lakh to improve portfolio quality and focusing on higher average ticket sizes. Digital adoption remains strong, with over 92% of agreements executed digitally and 94% of collections through digital channels.

What the Numbers Show

The divergence between robust volume growth and stable cost ratios highlights effective scale economics. While disbursements surged 36% year-on-year, the Opex ratio remained flat at 2.7%, indicating that incremental revenue is being generated without proportional increases in operating costs. However, the rise in GNPA to 1.70% warrants monitoring, as it reflects early-stage credit stress potentially linked to the broader economic environment. The company’s confidence in achieving its FY27 AUM growth guidance of 22–24% suggests that current momentum is sustainable, provided asset quality remains within manageable limits.

Aptus Value Housing Finance India Limited has reported a Profit After Tax (PAT) of ₹943 crore for the financial year ended March 31, 2026, representing a 26% increase over the prior year's ₹751 crore. This growth was driven by a 21% year-on-year expansion in Assets Under Management (AUM) to ₹13,107 crore and a 27% rise in net income to ₹1,597 crore. The company's Return on Equity crossed 20% for the first time, closing at 20.1%, while the cost of borrowings declined by 40 basis points to 8.3% following an AA rating upgrade.

FY26 Financial Performance

The company maintained an Opex-to-AUM ratio of 2.7%, within its guided range of 2.6%–2.8%. The five-year PAT CAGR stands at 29% and the five-year AUM CAGR at 26%. Both ICRA and CARE upgraded the company's long-term credit rating to AA (Stable) from AA- during the year. As of March 2026, borrowings were diversified across 57% from banks, 16% through Non-Convertible Debentures (NCDs), 9% from the National Housing Bank (NHB), and 18% through securitisation and direct assignment transactions. The Capital to Risk-weighted Assets Ratio (CRAR) stood at 71%, more than four times the regulatory minimum.

17th AGM Notice and E-Voting

The 17th Annual General Meeting (AGM) is scheduled for August 04, 2026, at 11:00 AM IST through Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The notice and Annual Report for FY 2025-2026 were sent electronically on July 13, 2026. Shareholders will vote on special resolutions to increase borrowing powers to ₹12,000 crore and approve the issuance of NCDs aggregating up to ₹3,000 crore on a private placement basis. The Board has also proposed the Aptus Employee Stock Option Plan 2026 for up to 30,00,000 options and the re-appointment of Ms. Mona Kachhwaha as an Independent Director for a second term of two years commencing from May 05, 2026.

The remote e-voting period commences on August 01, 2026, at 09:00 AM and concludes on August 03, 2026, at 05:00 PM. Shareholders whose names appear on the Register of Members as on the record date, July 29, 2026, are eligible to vote. Mr. S. Sandeep, Practising Company Secretary, has been appointed as the Scrutinizer for the e-voting process. The disclosure was signed by Sanin Panicker, Company Secretary & Compliance Officer, on July 13, 2026, pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.