Aadhar Housing Finance Ltd — earnings calls

Aadhar Housing Finance reported AUM of Rs 31,364 crores as of June 30, 2026, up 18% year-on-year, and PAT of Rs 282 crores for Q1 FY27, up 19% year-on-year. Management transitioned disbursement recognition to a cheque clearance basis, which reduced reported disbursement growth to 19% on a like-to-like basis, with the full effect flowing into Q2. Asset quality metrics showed gross NPA at 1.31%, an improvement of 3 bps year-on-year, while spreads held at 5.8% despite a 15 bps RPLR cut in February 2026.

Aadhar Housing Finance reported AUM crossing Rs 30,000 crore for FY26, up 20% year-on-year, with full-year disbursements of Rs 9,556 crore and PAT of Rs 1,096 crore, also up 20%. Management highlighted record quarterly disbursements of Rs 3,087 crore in Q4, an improvement in gross NPA to 1.08%, and a cost-to-income ratio of 35.9% for the year. The company added 46 branches during the year taking its network to 626 branches across 22 states, and discussed funding costs, spreads and loan mix during the Q&A.