Stock Snapshot
Price Performance
Recommendation Rationale
Strong growth outlook supported by strategic expansion and operational enhancements.
Basis of our Recommendation
Aptus Value Housing Finance is poised for robust growth, projecting 22-24% AUM growth for FY27, supported by strategic branch expansions and a focus on higher-quality customer segments. Operational enhancements and technology-driven efficiencies are expected to bolster profitability, despite some concerns over asset quality metrics. The company's disciplined approach to underwriting and cost management positions it well for future success.
Why We Like This Stock
- Projected AUM growth of 22-24% for FY27
- Strategic branch expansions in new and existing markets
- Improved operational efficiency through technology and data-led decisioning
Things To Watch Out For
- Slight increase in overall GNPA and Net NPA
- Anticipated minor margin compression
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 976 | 1,208 | 1,544 | 1,832 | 2,160 |
| Profit Before Tax (Cr.) | 793 | 975 | 1,211 | 1,579 | 1,876 |
| PBT Margin | 81.2% | 80.7% | 78.4% | 86.2% | 86.9% |
| Net Profit (Cr.) | 606 | 751 | 948 | 1,238 | 1,471 |
| EPS | 12.1 | 15.0 | 18.9 | 24.7 | 29.4 |
Company Overview
Show Company Profile
Aptus Value Housing Finance India Limited, together with its subsidiary, Aptus Finance India Private Limited, provides housing finance solutions in India. The company offers home and quasi-home loans for the purchase, construction, renovation, and extension of houses; loans against property for construction and purchase of houses; and secured, small business, and refinance loans. It also provides life, credit shield, and property insurance products. The company serves individual homebuyers; low and middle income salaried and self-employed individuals; and first-time homeowners from rural and semi-urban markets. Aptus Value Housing Finance India Limited was incorporated in 2009 and is headquartered in Chennai, India.