Aptus Value Housing Finance India Ltd reported robust financial results for FY26, with Assets Under Management (AUM) growing 21% to ₹13,107 crore and Profit After Tax (PAT) rising 26% to ₹943 crore. The company is focusing on higher-ticket loans to improve credit quality.
Aptus Value Housing Finance India Ltd FY26 Results
Consolidated AUM: ₹13,107 crore
Consolidated PAT: ₹943 crore
Reader Takeaway: Strong AUM and PAT growth amid strategic portfolio shift and controlled costs.
What just happened
Aptus Value Housing Finance India Ltd reported significant growth in its financial year ended March 2026. The company's consolidated Assets Under Management (AUM) grew by 21% to ₹13,107 crore from ₹10,865 crore in the previous year. Consolidated Profit After Tax (PAT) saw a strong increase of 26%, reaching ₹943 crore compared to ₹751 crore in FY25.
Why this matters
These results indicate sustained expansion and improved profitability for Aptus Value Housing Finance. The growth in AUM suggests increasing market penetration and customer trust, while the PAT increase reflects effective cost management and operational efficiency. The company's focus on higher-ticket loans and digital adoption supports its long-term strategy.
The backstory
For FY26, Aptus Value Housing Finance reported an operating income of ₹2,192 crore, a 25% increase year-on-year. Net worth grew by 17% to ₹5,060 crore. The Return on Assets (ROA) improved to 7.9% from 7.7%, and Return on Equity (ROE) rose to 20.1% from 18.8%. Net Income Margin (NIM) expanded by 30 basis points to 13.3% of average AUM, while the cost of borrowings decreased from 8.7% to 8.3%.
What changes now
Management has strategically decided to discontinue loan sanctions below ₹7 lakh, aiming to enhance portfolio quality and manage delinquency risks associated with smaller loan sizes. This move prioritizes long-term credit quality over immediate volume expansion.
Risks to watch
The company reported an increase in Gross Non-Performing Assets (GNPA) to 1.52% from 1.19%, primarily driven by the Small Business Loan (SBL) portfolio in its NBFC subsidiary. Additionally, weaker collection performance in Karnataka requires ongoing monitoring and management oversight.
Peer comparison
While specific peer data is not provided in the filing, Aptus Value Housing Finance's operational metrics such as its expansion to 339 branches, fully in-house model without DSAs, and high digital adoption (92% loan agreements, 94% collections digitally) position it within the competitive housing finance landscape. Its credit rating of 'AA Stable' is a positive indicator.
Context metrics (time-bound)
As of March 31, 2026, Aptus operates 339 branches across 6 states and 1 Union Territory. The company maintains a CRAR of 71%. Digital loan agreement execution is at 92% and digital collections at 94%.
What to track next
Investors will be keen to observe the impact of the strategy to discontinue low-ticket loans on future AUM growth and asset quality. Monitoring the GNPA trends, especially within the SBL portfolio and collections in Karnataka, will be crucial.