Aadhar Housing Finance reported a strong Q3 FY’26, with AUM reaching INR28,790 crores, a 20% year-on-year growth. The company disbursed INR6,469 crores in the first nine months, up 15% year-on-year, with PAT at INR797 crores, a 20% increase. Gross NPA improved to 1.38%. The company is optimistic about meeting its financial year guidance and aims to cross INR30,000 crores in AUM by year-end.
Strong Financial Performance
Aadhar Housing Finance showcased robust financial results for Q3 FY’26. Key highlights include:
- AUM: Reached INR28,790 crores, a 20% increase year-on-year.
- Disbursements: INR6,469 crores for the first nine months, reflecting a 15% year-on-year growth.
- Profit After Tax (PAT): Stood at INR797 crores, a 20% increase compared to the previous year.
Asset Quality Improvement
The company demonstrated improved asset quality:
- Gross NPA improved to 1.38%, a sequential improvement of 4 bps.
- Collection efficiency remained above 99% during the quarter.
- Early bucket delinquencies remained stable.
Strategic Initiatives and Outlook
Aadhar Housing Finance is focused on several key strategic initiatives:
- Expanding its branch network, with a total of 621 branches across 22 states and 552 districts, serving over 3.2 lakh live customers.
- Leveraging technology and data analytics to enhance credit assessment and customer experience.
- Maintaining a strong geographic diversification, with no single state contributing more than 15% to AUM.
Borrowing and Liquidity
Key details regarding the company’s borrowing profile:
- Overall borrowings stood at INR17,500 crores, a 16% year-on-year increase.
- Liquidity at the end of Q3 FY’26 stood at INR1,435 crores.
Guidance and Future Expectations
Aadhar Housing Finance provided the following guidance:
- Confident in sustaining growth trajectory and meeting financial year guidance.
- Aims to cross INR30,000 crores in AUM by the end of the financial year.
- Expects year-end NPA numbers to be in the range of 1.1% to 1.15%.
Source: BSE
