DINESH

Aptus Value Housing Finance

Industry: HFCs
Latest CMP 250
Today's Change ▼ -1.30%
52-Week High / Low 354 | 193
Price Date: 14-Aug-2026
Recommendation Buy
Target Price 399
Expected Upside 26.1%
Forecast Horizon 2 Years
Historical CAGR Not Available
1,000 Invested
Today's Value
Investment Period < 5 Years

Stock Snapshot

Post Results Return
-10.4%
Negative Re-rating
1-Year Target Price
336
2-Year Target Price
399
52-Week High / Low
354 / 193
20-Day Return
-18.0%
Market Cap (Cr.)
12,545
Current PE
14.8
P/BV Ratio
2.5
Dividend Yield
1.5%
Industry PE
15.2

Price Performance

Basis of our Recommendation

Aptus Value Housing Finance is positioned for sustainable growth, supported by a robust strategy focused on branch expansion and a technology-driven approach to enhance operational efficiency. Management's recent commentary highlights a strong outlook for AUM growth, projecting 22-24% for FY27, driven by increased disbursements and entry into new markets. Despite facing temporary challenges in asset quality, improvements in collection efficiency signal a rebound, reinforcing Vista's forecast of stable margins and attractive valuation. The company's commitment to maintaining spreads and disciplined cost management further supports its financial outlook. However, rising competition in the affordable housing sector and potential interest rate volatility remain key watchpoints. Overall, the favorable macro environment for housing finance, coupled with Aptus's strategic initiatives, positions the company well for continued growth over the next 12-24 months

👍 Why We Like This Stock

  • Projected AUM growth of 22-24% for FY27 driven by branch expansion and higher disbursement rates
  • Improvements in asset quality and collection efficiency indicate a recovery from temporary setbacks
  • Strong operational efficiency and disciplined cost management support stable margins and attractive valuation

Things To Watch Out For

  • Rising competition in the affordable housing finance sector could impact market share and pricing power
  • Potential interest rate volatility poses risks to profitability and operational stability
  • Temporary asset quality challenges may affect investor sentiment despite recent improvements

Key Parameters

Balance Sheet Strength
Elite Balance Sheet
Market Share
Stable
Industry Outlook
Improving
Analyst View
Strong Buy
Dividend History
Consistent
FII Holdings
Stable

Financial Snapshot

Actuals Forecast
FY24 FY25 FY26 FY27 FY28
Revenue (Cr.) 976 1,208 1,544 1,608 1,911
Profit Before Tax (Cr.) 793 975 1,211 1,320 1,587
PBT Margin 81.2% 80.7% 7843.3% 82.1% 83.0%
Net Profit (Cr.) 606 751 948 1,035 1,244
Earnings Per Share 12.1 15.0 18.9 20.7 24.8

Analyst Recommendations

Broker Recommendation Target Price Date
Axis Securities ▲ Buy 325 03-Aug-2026
Bernstein ▲ Buy 350 08-Apr-2026
Citigroup ▲ Buy 350 29-Jun-2026
HDFC Securities ► Add 305 08-May-2026
ICICI Securities ► Hold 305 08-May-2026
IDBI Capital ▲ Buy 305 03-Aug-2026
Morgan Stanley ▲ Overweight 405 03-Aug-2026
Consensus Recommendation ▲ Strong Buy
Consensus Target 338
Coverage 7 Analysts
Analysts' Viewpoint
Aptus Value Housing Finance is leveraging aggressive branch expansion and the scaling of its connector ecosystem to support a strong AUM growth target of 22-24% for FY27. Despite facing temporary asset quality issues and high frontline employee attrition, the company is focusing on operational leverage and cost management to maintain best-in-class RoA. The introduction of new lending products within its NBFC subsidiary and the planned disclosure of separate financial metrics are expected to enhance transparency and investor confidence, reinforcing the company's long-term growth trajectory.

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.