Aadhar Housing Finance Ltd
Aadhar Housing Finance Ltd is one of the largest low-income housing finance companies in India servicing the home financing needs of the low income sections of the society. [1]
- Market Cap ₹ 22,007 Cr.
- Current Price ₹ 503
- High / Low ₹ 563 / 425
- Stock P/E 19.8
- Book Value ₹ 173
- Dividend Yield 0.00 %
- ROCE 11.4 %
- ROE 15.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 26.6% CAGR over last 5 years
Cons
- Stock is trading at 2.93 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 1,266 | 1,388 | 1,575 | 1,728 | 2,043 | 2,587 | 3,109 | 3,683 | |
| Interest | 732 | 793 | 816 | 761 | 799 | 987 | 1,174 | 1,364 |
| 276 | 350 | 316 | 387 | 507 | 619 | 736 | 868 | |
| Financing Profit | 258 | 245 | 444 | 580 | 737 | 981 | 1,199 | 1,451 |
| Financing Margin % | 20% | 18% | 28% | 34% | 36% | 38% | 39% | 39% |
| -14 | -2 | -0 | 0 | -25 | -0 | -0 | -13 | |
| Depreciation | 9 | 12 | 11 | 13 | 16 | 21 | 25 | 32 |
| Profit before tax | 235 | 231 | 433 | 567 | 696 | 960 | 1,173 | 1,406 |
| Tax % | 31% | 18% | 21% | 22% | 22% | 22% | 22% | 22% |
| 162 | 189 | 340 | 445 | 545 | 750 | 912 | 1,096 | |
| EPS in Rs | 64.37 | 47.99 | 8.62 | 11.27 | 13.80 | 18.99 | 21.14 | 25.15 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 22% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 25% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 17% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25 | 39 | 395 | 395 | 395 | 395 | 431 | 436 |
| Reserves | 834 | 2,308 | 2,298 | 2,752 | 3,303 | 4,055 | 5,941 | 7,105 |
| Borrowing | 8,195 | 9,643 | 10,374 | 10,675 | 12,153 | 13,960 | 16,322 | 18,744 |
| 426 | 376 | 563 | 554 | 766 | 683 | 529 | 1,114 | |
| Total Liabilities | 9,480 | 12,366 | 13,630 | 14,376 | 16,618 | 19,093 | 23,224 | 27,399 |
| 42 | 44 | 53 | 55 | 63 | 80 | 92 | 138 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 150 | 24 | 497 | 338 | 459 | 462 | 513 | 637 |
| 9,289 | 12,298 | 13,080 | 13,982 | 16,095 | 18,551 | 22,618 | 26,624 | |
| Total Assets | 9,480 | 12,366 | 13,630 | 14,376 | 16,618 | 19,093 | 23,224 | 27,399 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| -2,554 | -1,785 | -1,202 | -907 | -1,156 | -2,550 | -3,027 | -2,808 | |
| -49 | -1,495 | -480 | 823 | -477 | 723 | 160 | 309 | |
| 3,356 | 3,701 | 701 | 275 | 1,463 | 1,778 | 3,389 | 2,336 | |
| Net Cash Flow | 754 | 422 | -981 | 191 | -169 | -49 | 522 | -164 |
| Free Cash Flow | -2,562 | -1,788 | -1,207 | -918 | -1,166 | -2,565 | -3,041 | -2,827 |
| CFO/OP | -250% | -165% | -88% | -59% | -66% | -118% | -117% | -89% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| ROE % | 20% | 12% | 14% | 15% | 16% | 18% | 17% | 16% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Number of Branches count |
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| Assets Under Management (AUM) INR Mn |
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| Gross NPA (GNPA) % % |
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| Average Ticket Size (ATS) INR Lakh |
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| EWS/LIG Share of AUM % |
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| Live Accounts (Customers) count |
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| Salaried Share of AUM % |
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| Disbursements INR Mn |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
20 Jul - Q1FY27 earnings call scheduled for 31 July 2026 at 18:00 IST.
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Board Meeting Intimation for To Consider And Approve The Standalone And Consolidated Unaudited Financial Results Along With The Limited Review Report Of The Joint Statutory Auditors For The Quarter Ended June 30, 2026.
20 Jul - Board meeting on July 31, 2026 to approve Q1 FY2027 unaudited standalone and consolidated results.
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Announcement under Regulation 30 (LODR)-Allotment
20 Jul - Allotted 35,000 NCDs worth Rs 350 crore on private placement basis on July 20, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Jul - Newspaper Advertisement regarding dispatch of Notice of the 36th Annual General Meeting of the Company
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Letter To The Shareholders - Annual Report FY 2025-26
10 Jul - Annual report FY26 and 36th AGM notice dispatched; AGM on August 6, 2026.
Annual reports
Concalls
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Jun 2026Transcript PPT
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May 2026TranscriptPPT REC
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Jul 2025Transcript PPT
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT REC
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Jun 2024Transcript PPT
Focus on Low-Income Financing[1]
Aadhar Housing Finance is a housing finance company (HFC) focused on the low-income housing segment with a ticket size of < Rs 15 lakh. The average ticket size of loans was Rs 10 lakh, with an average loan-to-value of 58.3% end of December 2023.