Aptus Value Housing Finance: FY26 Profit ₹261 Cr, ₹3,000 Cr NCDs Approved

Consolidated revenue for FY2026 reached ₹574.34 crore, with profit after tax at ₹260.95 crore.

Board Approves Audited FY26 Results and Major Funding

The Board of Directors of Aptus Value Housing Finance India Ltd met on May 6, 2026, to approve the audited financial results for the fiscal year ending March 31, 2026.

The company reported a consolidated total revenue of ₹57,433.70 lakh (₹574.34 crore) and a consolidated Profit After Tax (PAT) of ₹26,095.49 lakh (₹260.95 crore) for FY26.

In addition, the board declared a second interim dividend of ₹2.50 per equity share for FY26. A significant financial decision was also made: approval for the issuance of Non-Convertible Debentures (NCDs) aggregating up to ₹3,000 crore via private placement.

Standalone financial results for FY26 showed a total revenue of ₹37,784.80 lakh (₹377.85 crore) and PAT of ₹17,647.06 lakh (₹176.47 crore).

Significance for Investors and Growth

The declaration of audited results provides a clear picture of the company's financial health for the past fiscal year. The NCD issuance signals a strong intent to raise substantial capital, likely to fuel future expansion plans, enhance its lending book, or strengthen its balance sheet.

The interim dividend payout underscores management's commitment to shareholder value, rewarding investors with a portion of the company's profits. This combination of performance and capital planning is crucial for investor confidence.

Company Background and Capital Strategy

Aptus Value Housing Finance operates as a key player in India's affordable housing finance sector. It focuses on providing housing loans to self-employed customers in Tier II and Tier III cities and rural areas, an underserved segment of the market.

The company has a proven track record of raising significant capital through debt instruments. In the past, it has successfully issued NCDs aggregating ₹750 crore in FY23 and ₹1,500 crore in FY24 to support its growing loan portfolio and business expansion.

Impact on Shareholders and Operations

Shareholders can expect the declared interim dividend payment, marking a direct return on their investment.

The company's capital structure will be impacted by the planned ₹3,000 crore NCD issuance, potentially increasing its leverage but also providing significant funds for asset growth.

Management now has a clearer financial mandate for FY27 and beyond, with the capital raised expected to drive future revenue and profitability.

Key Risks to Monitor

As an NBFC, Aptus Value Housing Finance is susceptible to interest rate fluctuations, which can impact its cost of funds and lending margins. Asset-liability mismatches are a perennial risk for such institutions.

Changes in regulatory policies governing NBFCs could also affect operations and profitability. The affordable housing segment, while promising, can carry higher credit risks if not managed prudently.

Industry Peers

Competitors in the housing finance space, such as Home First Finance Company India Ltd and Aavas Financiers Ltd, also focus on the affordable housing segment.

These peers typically navigate similar market dynamics, including customer profiles in smaller cities and the need for consistent capital access to grow their loan books.

Key Financial Figures (FY26)

• Consolidated Revenue: ₹57,433.70 lakh (₹574.34 crore)
• Consolidated Profit After Tax: ₹26,095.49 lakh (₹260.95 crore)
• Standalone Revenue: ₹37,784.80 lakh (₹377.85 crore)
• Standalone Profit After Tax: ₹17,647.06 lakh (₹176.47 crore)

Next Steps for Investors

Investors will closely monitor the timeline and terms of the ₹3,000 crore NCD issuance and how the funds are deployed.

The company's ability to maintain its growth trajectory and profitability in the coming quarters will be a key focus.

Track the final dividend declaration for FY26, if any, and any management commentary on the outlook during future investor calls.