Aadhar Housing Finance reports strong growth, stable asset quality

Aadhar Housing Finance Limited reported strong financial results for the quarter and half-year ended September 30, 2025, with Assets Under Management (AUM) reaching ₹27,554 crores, a 21% year-on-year growth. Disbursements also increased by 16% year-on-year to ₹4,089 crores. The company maintained sound asset quality with gross NPAs at 1.42% and collection efficiency above 99%, while Stage-II assets improved by approximately 20 bps. The portfolio remains retail and secured, with home loans comprising 73% of AUM and an average ticket size of ₹10.5 lakhs.

The company's profitability saw significant improvement, with Half-Year PAT growing by 18% to ₹504 crores compared to ₹428 crores in H1 FY '25. For Q2 FY '26, PAT stood at ₹266 crores, an increase of 17% from ₹228 crores in Q2 FY '25. The cost-to-income ratio for H1 FY '26 improved by 30 bps year-on-year to 36.1%. Aadhar Housing Finance expanded its presence by adding 20 new branches, bringing the total to 611 across 22 states and 549 districts, serving over 3.15 lakh customers.

Management highlighted that recent GST 2.0 reforms are expected to accelerate growth in the low and middle-income housing segment by reducing construction costs and improving affordability. The company remains confident in achieving its growth guidance for the financial year, projecting a 20%-22% growth in AUM and 18%-20% growth in profit.