Aadhar Housing Finance Ltd

Q4 FY26Finance

Aadhar Housing Finance Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹463

Market cap₹22.1K Cr

P/E19.2

Updated23 Aug 2026

Read4 min read

The short version

Aadhar Housing Finance targets a 20% AUM growth in the short to medium term, aiming to grow from INR30,000 crores to INR50,000 crores within 3 years. Aadhar Housing Finance targets a 20% AUM growth in the short to medium term, supporting earnings growth.

From Aadhar Housing Finance Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Aadhar Housing Finance targets a 20% AUM growth in the short to medium term, aiming to grow from INR30,000 crores to INR50,000 crores within 3 years.
Disbursement growth guidance is around 17-18% annually.
Profit growth is expected at approximately 20% year-on-year.
Incremental ticket size for loans is maintained around INR12.5 lakhs, with focus on emerging markets where ticket sizes are lower but volumes are expected to rise.
The home loan segment showed 26% growth in the recent quarter, driven by government schemes like PMAY.
Continued branch network expansion (626 branches across 22 states) supports volume growth.

2 more points management made on revenue & sales performance

Profitability & Margins

Aadhar Housing Finance targets a 20% AUM growth in the short to medium term, supporting earnings growth.
Profitability is expected to improve through sustained branch productivity and reduction in cost-to-income ratio by approximately 50 bps in FY '27.
Incremental yields may slightly compress by 8-10 bps year-on-year, but this can be offset by increased share of higher-yielding loan against property (LAP) and emerging market business.
Management expects stable cost of funds around 7.7% for a significant period, protecting margins.
Loan mix shift toward self-employed borrowers is projected to increase yields gradually by 1-1.5% per year.

2 more points management made on profitability & margins

See what Aadhar Housing Finance Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The document does not explicitly mention any details about current or future capex, capital investments, or strategic investments for Aadhar Housing Finance Limited. The discussion primarily focuses on growth strategies, yield management, loan mix, funding costs, branch productivity, and geographic expansion. There is talk about branch expansion and productivity timelines but no specific capital expenditure plans are outlined. Key related points: - Branch setup strategy with differentiated branch sizes (ultra micro to main branch) becoming productive within 9 to 18 months. - Emphasis on AI-driven projects to enhance sales productivity and reduce cost-to-income ratio.

2 more points management made on capital expenditure plans

Top-ranked in Finance

Ranked on what management guided this quarter

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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

No explicit mention of any current or future new fundraising through equity in the provided text.
Regarding debt/funding sources:
Significant portion of floating funds are banking funds and NHB funds.
NHB funds are split roughly 50% fixed and 50% floating rate.
Borrowing costs have declined, with the incremental cost of funds falling from 8.4% to 7.6% over the last year.
The company sees its exit cost of funds currently around 7.7%, expecting this to remain stable for the next 2-3 quarters given the interest rate outlook.

2 more points management made on fundraising & capital structure

See what Aadhar Housing Finance Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided document does not explicitly mention the current or expected orderbook or pending orders for Aadhar Housing Finance Limited. Instead, the focus is on: - AUM growth guidance: 20% growth expected in the near term. - Steady disbursement growth: 17%-18% annually. - Branch network expansion: 626 branches across 22 states as of March 31, 2026. - Balanced geographic presence with no state exceeding 15% exposure. - Incremental ticket sizes ranging from INR 8.5 lakhs to INR 18 lakhs depending on region.

2 more points management made on order book & pipeline

What Aadhar Housing Finance Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Aadhar Housing Finance Ltd Q4 FY26 results?

What is Aadhar Housing Finance Ltd share price analysis?

Aadhar Housing Finance Ltd currently shows a neutral. The stock trades at a P/E of 19.2 with a market cap of ₹22,094 Cr. Investors should review the full earnings analysis for detailed insights.

Is Aadhar Housing Finance Ltd planning capital expenditure?

The document does not explicitly mention any details about current or future capex, capital investments, or strategic investments for Aadhar Housing Finance Limited.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.