Aptus Value Housing Finance India Ltd

Q3 FY26Finance

Aptus Value Housing Finance India Ltd Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹258

Market cap₹13.2K Cr

P/E13.4

Updated23 Aug 2026

Read4 min read

The short version

Aptus aims for sustainable AUM growth of 22% to 24% going forward, supported by strategic initiatives. Aptus targets sustainable AUM growth of 22% to 24% going forward, supporting future earnings expansion.

From Aptus Value Housing Finance India Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Aptus aims for sustainable AUM growth of 22% to 24% going forward, supported by strategic initiatives.
Target AUM of INR 25,000 crores by FY'29, possibly delayed by 1-2 quarters due to current market conditions.
Branch expansion planned: 40 branches in FY'26 (mostly operational), targeting 60-70 new branches in next financial year.
Growth driven by diversification into new states (Odisha, Maharashtra) along with strengthening existing markets, including Tamil Nadu (aiming for 17%-18% growth there) and Andhra Pradesh/Telangana.
Focus on increasing average ticket size to improve loan quality and accommodate rising construction costs.
Optimizing home loan rates for incremental customers with minimal impact on overall yields.
New customer acquisition channels, such as 'connectors', being piloted to augment existing sourcing methods.
Emphasis on managing portfolio quality and risk, even if it means moderating near-term disbursements.

Profitability & Margins

Aptus targets sustainable AUM growth of 22% to 24% going forward, supporting future earnings expansion.
INR25,000 crores AUM target by FY’29 may be delayed by 1-2 quarters due to market conditions and strategic shifts.
Profit growth of 26% YoY reported in recent quarters, with ROE sustained above 20%, among highest in the industry.
Management emphasizes maintaining loan book quality over aggressive growth, which may moderate short-term growth but support long-term profitability.
Cost of funds expected to reduce further by 0.1%-0.15% owing to rating upgrades and rate cuts, improving net interest margins.
Incremental home loan rate cuts may reduce yields by less than 10 bps, with minimal impact on spreads.
Focus on higher average ticket size and better-quality customers to drive improved earnings quality.
Credit cost guided around 0.5%, supporting stable operating profits.
Dividend payments initiated; buybacks not feasible under current NBFC regulations.

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

Capital Expenditure Plans

Aptus Value Housing Finance plans to accelerate branch expansion with 60 to 70 new branches opening in the next financial year, up from 40 branches planned in FY '26.
Significant investments in IT have been made, doubling expenses in this area to support digital and process excellence.
The company is piloting new business models (e.g., pilot connector model) in Tamil Nadu and Andhra Pradesh to enhance sourcing and distribution.
Ongoing efforts to build a scalable growth engine through technology improvements in sourcing, onboarding, collections, credit, and controls.
There is a focus on increasing productivity through data-driven insights and system-led processes rather than large capital outlays.
No explicit mention of major capital or strategic investments outside branch expansion and IT enhancements.

Top-ranked in Finance

Ranked on what management guided this quarter

5x potential

1Akiko₹466 Cr

Rev 1Mar 1

2Finkurve Fin.₹1.0K Cr

Rev 1Mar 2

3₹286 Cr

Rev 1Mar 2

4₹39.2K Cr

Rev 1Mar 3

5₹25.6K Cr

Rev 1Mar 3

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

Fundraising & Capital Structure

- In Q3 FY26, Aptus raised ~INR 902 crores primarily through NCDs, term loans, and securitization. - Liability profile is well-diversified: 59% banks, 11% NHB, 17% NCDs, balance securitization. - They executed a direct assignment transaction of ~INR 165 crores during the quarter supporting business and balance sheet flexibility. - Total liquidity of INR 1,877 crores as of December, including INR 1,387 crores of undrawn bank sanctions. - No explicit mention of immediate future fundraising plans in the provided transcript. - Ongoing treasury team exercise to negotiate and reduce borrowing costs, including refinancing high-cost loans. - New facilities granted at lower rates (e.g., SBI facility rate reduced from 9.25% to 7.95%) indicate active debt cost optimization but not necessarily new fundraising. Overall, Aptus is actively managing and optimizing its borrowings but no specific announcement on new debt or equity fundraising was made.

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

Order Book & Pipeline

The provided pages from the Aptus Value Housing Finance India Limited document do not contain any information regarding current or expected order book or pending orders. The discussion primarily revolves around: - Loan portfolio quality and disbursement moderation - Growth guidance and AUM targets (INR 25,000 crores by FY ’29, possibly delayed by 1-2 quarters) - Credit rating upgrades and cost of borrowings - Competitive landscape and expansion plans in states like Odisha, Maharashtra, Tamil Nadu, Andhra Pradesh, Telangana - Product mix focus and market conditions affecting growth - Asset quality trends and credit cost guidance No details on order book or pending orders are mentioned in the text.

What Aptus Value Hou.'s management said in earlier quarters

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Frequently Asked Questions

What were Aptus Value Housing Finance India Ltd Q3 FY26 results?

What is Aptus Value Housing Finance India Ltd share price analysis?

Aptus Value Housing Finance India Ltd currently shows a neutral. The stock trades at a P/E of 13.4 with a market cap of ₹13,237 Cr. Investors should review the full earnings analysis for detailed insights.

Is Aptus Value Housing Finance India Ltd planning capital expenditure?

Aptus Value Housing Finance plans to accelerate branch expansion with 60 to 70 new branches opening in the next financial year, up from 40 branches planned in FY '26.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.