Aadhar Housing Finance Limited , a leading player in India's affordable housing finance sector, has announced strong financial results for the first quarter, demonstrating robust growth across key metrics.

Financial Highlights

• Assets Under Management (AUM) grew by 22% year-over-year to Rs. 26,524.00 crore
• Disbursements increased by 32% to Rs. 1,979.00 crore
• Profit After Tax (PAT) rose by 19% to Rs. 237.00 crore
• Net worth stood at Rs. 6,616.00 crore, up 17% from the previous year

Operational Performance

The company's performance in Q1 reflects its strong position in the affordable housing segment:

• Total number of loan accounts reached over 3,06,000
• Return on Assets (ROA) was 4.0%, compared to 4.1% in the same quarter of the previous year
• Gross Non-Performing Assets (GNPA) ratio stood at 1.34%, a slight increase from 1.31% in the previous year

Management Commentary

Rishi Anand, MD & CEO of Aadhar Housing Finance, commented on the results: "We concluded the first quarter on a strong note with an AUM of INR 26,524 crore, reflecting a YoY growth of 22%. Disbursements remained healthy at INR 1,979 crore, up 32% YoY, supported by sustained demand in the affordable housing segment."

Strategic Developments

The company highlighted several key developments during the quarter:

1. Credit Rating Upgrade: CARE Ratings upgraded Aadhar's long-term bank facilities and non-convertible debentures to CARE AA+ from AA, maintaining a stable outlook.
2. Geographical Expansion: Aadhar entered the Assam market with a new branch in Guwahati, extending its presence to 22 states.
3. Benefiting from Policy Support: The recent repo rate cut by the RBI to 5.50% is expected to enhance affordability for first-time and low-income homebuyers.

Market Position

Aadhar Housing Finance continues to strengthen its leadership in the affordable housing segment:

• Presence across 22 states and union territories
• Network of 591 branches covering 547 districts
• Focus on serving low-income families, with over 3,06,000 customers

Senior Management Changes

Aadhar Housing Finance disclosed changes in its senior management:

• Sreekanth V.N. will retire as Chief Compliance Officer effective August 14, 2025.
• Pratik Jariwala, currently Head of Internal Audit, will be appointed as the new Chief Compliance Officer for a three-year term starting August 15, 2025.
• Pulkit Maheshwari has been appointed as Head of Internal Audit effective July 26, 2025.

Employee Stock Option Grant

The Board of Directors has approved the grant of 90,000 employee stock options under the existing Employee Stock Option Plan 2020. The options are priced at Rs. 511.70 per option, based on the closing price on July 24, 2025, with a minimum vesting period of one year and an exercise period of two years after vesting.

As Aadhar Housing Finance continues to deliver strong financial results and expand its market presence, these strategic moves in management and employee incentives are expected to further support the company's growth trajectory in the affordable housing finance sector.

Aadhar Housing Finance Ltd , a leading player in India's affordable housing finance sector, has announced robust financial results for the first quarter, demonstrating strong growth across key metrics.

Financial Highlights

• Net Profit: The company reported a profit after tax of ₹2,373.00 million for Q1, marking a 19% increase year-on-year.
• Assets Under Management (AUM): AUM expanded by 22% to ₹265,241.00 million.
• Disbursements: Loan disbursements saw a significant 32% year-on-year growth, reaching ₹19,786.00 million.

Key Performance Indicators

Operational Highlights

• The company maintains a focus on the low-income housing segment with a 100% secured retail book.
• Aadhar Housing Finance operates through 591 branches across 22 states.
• The slight increase in Gross Non-Performing Assets to 1.34% indicates a marginal uptick in credit risk.
• The decrease in Net Interest Margin to 8.80% suggests some pressure on profitability, possibly due to increased competition or changes in the interest rate environment.

Market Outlook

The affordable housing finance sector continues to show strong growth potential, supported by government initiatives and increasing demand. Aadhar Housing Finance's robust performance in Q1 demonstrates its ability to capitalize on these market opportunities while managing its asset quality.

Investor Relations

The company has scheduled a conference call to discuss these results with investors, providing an opportunity for stakeholders to gain further insights into the company's performance and future strategies.

Aadhar Housing Finance's strong Q1 results underscore its robust position in the affordable housing finance sector, driven by its extensive network, focus on the low-income housing segment, and strategic growth initiatives.