Aptus Value Housing Finance: Business Overview & Financial Analysis
Aptus Value Housing Finance is a retail-focused housing finance enterprise headquartered in Chennai, Tamil Nadu. Promoted by M. Anandan, the company caters to low- and middle-income self-employed individuals in semi-urban and rural markets. Operating across South and Central India, Aptus provides home loans, quasi-home loans, and small-ticket business loans backed by self-occupied residential property collateral.
Key Financial Ratios & Performance Metrics of Aptus Value Housing Finance (Q1 FY27)
Aptus tracks net interest margins, capital adequacy, asset quality, and return ratios across its lending operations.
- Capital Adequacy Ratio (CRAR) – 73.08% (Tier-I CRAR: 72.58%)
- Net Interest Margin (NIM) – 12.82%
- Gross Stage 3 Assets (GNPA) Ratio – 1.34%
- Net Stage 3 Assets (NNPA) Ratio – 1.01%
- Provision Coverage Ratio (PCR) – 25.10%
- Cost to Income Ratio – 21.84%
- Return on Assets (ROA) – 7.82%
- Return on Equity (ROE) – 17.06%
The company maintained a capital adequacy ratio of 73.08% at the end of Q1 FY27, backed by strong internal accruals. Net interest margins stood at 12.82%, while Gross Stage 3 assets held low at 1.34%, reflecting underwriting discipline across mortgage-backed loan books.
Assets Under Management & Portfolio Mix of Aptus Value Housing Finance (Q1 FY27)
Aptus structures its credit portfolio around home loans, quasi-home loans, and small-ticket business loans.
- Home Loans Share – 57.0% of Total AUM
- Quasi-Home Loans Share – 22.0% of Total AUM
- Small Business Loans Share – 21.0% of Total AUM
- Total Assets Under Management (AUM) – Rs 9,679.00 crore (+27.0% YoY)
- Total Active Borrowers Base – 142,000+ active customer accounts
- Average Ticket Size at Sanction – Rs 8.50 lakh
Assets Under Management expanded 27% year-on-year to Rs 9,679.00 crore in Q1 FY27. Core home loans constitute over half of total credit dispatches, maintaining an average ticket size of Rs 8.50 lakh per customer account.
Customer Profile & Occupancy Segment Mix of Aptus Value Housing Finance (Q1 FY27)
Aptus focuses on informal segment self-employed customers across semi-urban and rural markets.
- Self-Employed Customer Segment Share – 72.0% of Total AUM
- Salaried Customer Segment Share – 28.0% of Total AUM
- Self-Occupied Residential Property Collateral Share – 100.0% of Total AUM
- First-Time Home Buyer Share – >60.0% of Total Home Loan Customers
Self-employed borrowers generate over seven-tenths of total credit dispatches, backed by in-house cash-flow assessments. Every loan granted by Aptus is fully secured by self-occupied residential property collateral.
Geographic Footprint & Branch Network Scale of Aptus Value Housing Finance (Q1 FY27)
Aptus operates an extensive branch footprint across Southern and Central Indian states, penetrating deep into Tier-3 to Tier-6 towns.
- Total Operational Branch Network – 300 operational branches across India
- Tamil Nadu Home State Share – 44.0% of Total AUM
- Andhra Pradesh & Telangana Share – 35.0% of Total AUM
- Karnataka Share – 13.0% of Total AUM
- Maharashtra & Odisha Share – 8.0% of Total AUM
- Net Branch Additions (Q1 FY27) – 22 new branches opened
Branch operations remain anchored in South India, with Tamil Nadu, Andhra Pradesh, and Telangana generating nearly 80% of total AUM. Regional expansion into Odisha and Maharashtra broadens the company's addressable market footprint.
Liability Profile & Sourcing Mix of Aptus Value Housing Finance (Q1 FY27)
Aptus diversifies its borrowing sources across commercial bank term loans, NHB refinance facilities, and debt capital market issuances.
- Term Loans from Commercial Banks Share – 52.0% of Total Borrowings
- National Housing Bank (NHB) Refinance Share – 24.0% of Total Borrowings
- Non-Convertible Debentures (NCDs) Share – 18.0% of Total Borrowings
- Commercial Paper & Subordinated Debt Share – 6.0% of Total Borrowings
- Total Outstanding Debt Facilities – Rs 6,280.00 crore
- Weighted Average Cost of Funds – 8.32%
Bank term loans and low-cost NHB refinance facilities fund three-quarters of outstanding debt liabilities. The weighted average cost of funds stood at 8.32% in Q1 FY27, backed by 'AA / Stable' credit ratings from rating agencies.
Collection Efficiency & Asset Quality Profile of Aptus Value Housing Finance (Q1 FY27)
Aptus monitors monthly collection efficiencies, early bucket overdues, and credit costs across its branch network.
- Collection Efficiency Rate (Q1 FY27) – 99.10% across active loan accounts
- 30+ Days Past Due (30+ DPD) Portfolio Share – 5.80% (vs 6.12% in Q1 FY26)
- 90+ Days Past Due (90+ DPD / Gross Stage 3) Share – 1.34%
- Annualised Credit Cost Ratio – 0.35%
- Total Credit Impairment Provisions Reserve – Rs 128.50 crore
Collection efficiency held firm at 99.10% during Q1 FY27, bringing 30+ DPD overdues down to 5.80%. Credit costs held at 0.35% of average assets, supported by internal field collection operations.
Latest Quarterly Financial Performance of Aptus Value Housing Finance (Q1 FY27)
Aptus recorded strong top-line revenue expansion and net profit growth during the first quarter of FY27.
- Total Revenue from Operations – Rs 452.12 crore (+23.2% YoY)
- Net Interest Income (NII) – Rs 268.40 crore (+24.5% YoY)
- Operating EBITDA – Rs 325.20 crore (+22.8% YoY)
- Consolidated Net Profit After Tax (PAT) – Rs 200.00 crore (+16.3% YoY)
- Disagreed Tax Demand Provision Impact – Rs 10.37 crore
First-quarter revenue from operations expanded 23.2% year-on-year to Rs 452.12 crore, supported by 27% growth in AUM. Consolidated Net Profit After Tax reached Rs 200.00 crore, despite an exceptional tax provision of Rs 10.37 crore.
Consolidated Annual Financial Performance of Aptus Value Housing Finance (FY26)
Aptus delivered record operational turnover and net profitability for full financial year FY26.
- Full Year Total Revenue from Operations – Rs 1,685.40 crore (+24.8% YoY)
- Full Year Net Interest Income (NII) – Rs 985.20 crore (+25.2% YoY)
- Full Year Operating Profit – Rs 1,180.50 crore (+26.0% YoY)
- Consolidated Net Profit After Tax (PAT) – Rs 728.40 crore (+21.5% YoY)
- Return on Capital Employed (ROCE) – 14.8%
Full-year operating turnover crossed Rs 1,680 crore in FY26, as consolidated Net Profit After Tax expanded 21.5% to Rs 728.40 crore. Operational execution produced a Return on Assets of 7.85% and a Return on Equity of 17.20%.
Balance Sheet Structure & Capital Health Ratios of Aptus Value Housing Finance (Q1 FY27)
Aptus operates a low-leverage capital structure backed by strong equity capital and cash reserves.
- Total Net Worth Base – Rs 3,850.00 crore
- Debt to Equity Ratio – 1.63x
- Total Cash, Bank Balances & Surplus Investments – Rs 1,120.00 crore
- Undrawn Sanctioned Bank Credit Lines – Rs 450.00 crore
- Capital Conservation Buffer – 58.08% Tier-I surplus above 15% statutory minimum
Total equity net worth expanded to Rs 3,850.00 crore, maintaining a conservative leverage ratio of 1.63x debt to equity. Cash reserves and undrawn bank lines total Rs 1,570 crore, providing liquidity buffers for upcoming disbursement targets.
Management Commentary & Strategic Outlook of Aptus Value Housing Finance (Q1 FY27 Concall)
Management guidance outlines strategic priorities centered on AUM growth, branch expansion in contiguous states, and asset quality maintenance.
- Management targets achieving a 25%–30% AUM CAGR over the FY27–FY29 period.
- Net Interest Margins (NIM) are guided to sustain within the 12.0%–13.0% corridor through yield protection.
- Branch network expansion will add 40–50 new branches annually in Odisha, Maharashtra, and Karnataka.
- Gross Stage 3 assets ratio is targeted to be maintained below 1.50% through in-house collections.
- Credit costs will be guided below 0.50% of average AUM via conservative LTV underwriting frameworks.
Management anticipates rising demand for affordable housing loans among self-employed borrowers to support disbursement execution. Operational focus centers on expanding branch coverage across contiguous states, maintaining high collection efficiencies, and protecting net interest margins.
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Sources & References
- Aptus Value Housing Finance Q1 FY27 Unaudited Financial Results Disclosures (August 01, 2026)
- Aptus Value Housing Finance Q1 FY27 Earnings Conference Call Transcript (August 01, 2026)
- Aptus Value Housing Finance Q4 & Full Year FY26 Consolidated Financial Disclosures (May 2026)
- BSE Limited & National Stock Exchange of India (NSE) Corporate Filings for Aptus Value Housing Finance
- Ticker Finology Aptus Value Housing Finance Page
Disclaimer
The information presented above on Aptus Value Housing Finance has been compiled from the company's Annual Reports, Investor Presentations, Earnings Call (Concall) Transcripts, official regulatory filings and the financial data available on Finology Ticker. Certain figures, classifications or comparisons may vary due to differences in accounting policies, reporting methodologies or subsequent restatements by the company. This content is intended solely for informational purposes and should not be considered as investment advice. Investors are advised to refer to the latest company filings and the updated financial data, ratios and disclosures available on this Finology Ticker Aptus Value Housing Finance page before making any investment decision. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.