Aadhar Housing Finance Ltd , a leading player in India's low-income housing finance sector, has announced robust financial results for the second quarter and first half of fiscal year 2026, demonstrating strong growth across key metrics.

Strong Growth in Assets Under Management

The company reported a significant 21% year-on-year increase in Assets Under Management (AUM), reaching ₹27,554 crore as of September 30, 2025, up from ₹22,817 crore in the corresponding period last year. This growth underscores Aadhar Housing Finance's expanding footprint in the affordable housing segment.

Solid Financial Performance

For the first half of FY26, Aadhar Housing Finance posted impressive financial results:

The company's profitability showed strong momentum, with PAT growing by 18% year-on-year to ₹504.00 crore in H1 FY26.

Q2 FY26 Highlights

For the quarter ended September 30, 2025, Aadhar Housing Finance reported:

• Total Income of ₹899.00 crore, up 18% from ₹764.00 crore in Q2 FY25
• PAT of ₹266.00 crore, representing a 17% increase from ₹228.00 crore in the same quarter last year

Stable Asset Quality and Returns

The company maintained a stable asset quality profile, with Gross Non-Performing Assets (GNPA) at 1.42% as of September 30, 2025, compared to 1.29% a year ago. Return on Assets (ROA) for H1 FY26 remained steady at 4.2%, while Return on Equity (ROE) stood at 15.1%.

Expanding Customer Base

Aadhar Housing Finance's total number of loan accounts reached over 3,15,000 as of September 30, 2025, indicating the company's growing reach in providing affordable housing solutions.

Management Commentary

Rishi Anand, MD & CEO of Aadhar Housing Finance Ltd, commented on the results: "We concluded the first half of FY26 on a strong note, driven by healthy operational performance and steady demand across the affordable housing finance segment. Our AUM stood at ₹27,554 crore, reflecting a year-on-year growth of 21%. Profit after Tax for H1 FY26 was ₹504 crore, marking a growth of 18% YoY."

Anand also highlighted the potential impact of recent policy changes, stating, "The recent GST rationalisation under the 'GST 2.0' framework is a timely and welcome reform for the affordable housing ecosystem. It is expected to have a positive cascading impact, making loan ticket sizes more affordable, improving credit demand quality, and furthering financial inclusion."

Outlook

With a pan-India presence across 22 states and union territories, and a customer base exceeding 3.15 lakh, Aadhar Housing Finance is well-positioned to capitalize on the growing demand for affordable housing. The company remains focused on its mission to enable home ownership for low-income families, supported by a strong balance sheet and favorable policy tailwinds.

As the affordable housing sector continues to evolve, Aadhar Housing Finance's robust financial performance and strategic focus on the Economically Weaker Section (EWS) and Low Income Group (LIG) segments position it strongly for sustained growth in the coming quarters.

Aadhar Housing Finance Limited has announced a new Employee Stock Option Plan (ESOP) for 2025, seeking shareholder approval through a postal ballot. The plan aims to incentivize and retain talent within the company and its subsidiaries.

Key Features of the ESOP 2025

• Total Options: The plan proposes to grant up to 3,11,22,170 employee stock options, each convertible into one equity share of Rs. 10 face value.
• Option Pool Composition:
  • 1,34,06,852 new options
  • 71,75,952 ungranted options from the 2020 plan
  • 1,05,39,366 unvested options from the previous scheme

Vesting Schedule and Conditions

The plan introduces a tiered vesting schedule based on employee categories:

• Vesting period: 1-6 years
• Minimum cliff period: 1 year (except in cases of death or permanent disability)

Exercise Price and Period

• For grants within 30 days of stock exchange approval: Rs. 425.00 per option
• Subsequent grants: Up to 20% discount to market price
• Exercise period: Maximum 2 years from vesting date

Shareholder Voting

• E-voting period: October 18 to November 16, 2025
• Cut-off date for shareholder eligibility: October 10, 2025

This new ESOP plan represents Aadhar Housing Finance's commitment to aligning employee interests with company growth. By offering a mix of time-based and performance-based vesting, the company aims to motivate employees while ensuring long-term value creation.

Shareholders are encouraged to review the detailed plan and cast their votes through the electronic voting system provided by the National Securities Depository Limited (NSDL).