Aptus Value Housing Finance India Limited · NSE:APTUS
Aptus Value Housing Finance India — Q1 FY26 Earnings Presentation
48 slides from Aptus Value Housing Finance India's earnings presentation, Jul 31, 2025
Slide 1: Stock exchange intimation letter
Ref No: APTUS/20-JUL/2025-26 July 31, 2025 To, To, BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai- 400001 Bandra (E) Scrip Code: 543335 Mumbai – 400 051 Scrip Symbol: APTUS Dear Sir/Madam, Sub: I
Slide 2: Investor Presentation | Q1 FY26
1 Aptus Value Housing Finance India Limited Investor Presentation | Q1 FY26
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”) which have been prepared by Aptus Value Housing Finance India Limited (the “Company”) have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscri
Slide 4: Snapshot: Q1 FY26
Snapshot: Q1 FY26 YoY QoQ Business Distribution Asset Quality Liability & Capital Profitability ₹ 11,267 Cr 1.65L 1.49% ₹ 4,415 Cr ₹ 296 Cr AUM Customers GNPA Net-Worth PPoP 24% 4% 20% 2% 19 bps 30 bps 16% 2% 31% 6% ₹ 775 Cr 3,429 1.12% 70.0% ₹ 219 Cr Disbursement Employees NNPA CRAR* PAT 15% -27% 1
Slide 5: Management's Perspective
Management’s Perspective Commenting on the results, Mr. P. Balaji, Managing Director, said, “Q1 FY26 was a stable quarter for Aptus, driven by continued focus on consistent growth and profitability. Despite some seasonal headwinds, disbursements rose to ₹775 crores, up 15% YoY, while AUM grew 24% to
Slide 6: About Us
About Us Organizational Overview Technology, Risk, Underwriting & Collections Sustainability Business Highlights Financials, Treasury & Capital Management
Slide 7: Introduction
Introduction Providing home and small business loans to primarily self-employed customers in semi-urban areas for past 16 years Focused on Self-employed borrowers Focused on home loan for the first time buyers. in Tier-II/III/IV locations Regulated by RBI and NHB. Run by professional management back
Slide 8: Our Journey
Our Journey Crossed Rating CAGR ₹10,000 Cr AUM & Upgraded to 28% CARE AA; Opened 300th Stable Branch 11,267 10,865 FY 20 – FY 25 Crossed 8,722 20% Listed on Stock Exchanges & RoE Rating Upgraded to ICRA AA- Stable 6,738 5,180 Equity From Marquee 4,086 AUM (₹Cr) Investors 100th 3,179 Private Equity E
Slide 9: Key Strengths
Key Strengths South-focused Footprint, Now Strong Governance and Expanding Contiguously To Non- Professional Management south Unique Customer Value Proposition Fully In-house, Cost-efficient Model Good Asset Quality and Credit Advanced Technology Capabilities Discipline Sustainable Returns Through A
Slide 10: Key Growth Strategies
Key Growth Strategies Continued Deepen Continue to Continued Focus on HL & presence in leverage focus on Strengthen existing states technology for productivity & focus on SBL and expand into efficiency Credit Cost newer markets • Large headroom in retail • Pursue the strategy of • Rule-based engines
Slide 11: Historical Performance
Historical Performance ₹Cr Particulars FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 Q1 FY26 CAGR No. of Branches (#) 175 190 208 231 262 300 301 No. of Customers (#) 43,987 58,069 83,565 1,07,146 1,33,499 1,61,597 1,65,139 Disbursements 1,271 1,298 1,641 2,395 3,127 3,604 775 Loan Book 3,179 4,068 5,180 6,73
Slide 12: Organizational Overview
About Us Organizational Overview Technology, Risk, Underwriting & Collections Sustainability Business Highlights Financials, Treasury & Capital Management 11
Slide 13: Granular Book With Niche Customer Focus
Granular Book With Niche Customer Focus Home loan Quasi Home Loan Business Loan Self-employed Self-occupied residential property Self-employed Target Low/Middle Income Families Home construction/purchase Primarily used for business purpose Segment Tier-2/3/4 cities Tier-2/3/4 cities Tier-2/3/4 citie
Slide 14: Contiguous Branch Expansion
Distribution Contiguous Branch Expansion Strategy Contiguous Branch Expansion ✓ We follow a contiguous expansion strategy to grow our presence. ✓ Before entering a geography, the following key factors are considered, ✓ Regional demographics, urbanization levels, and competitive intensity. ✓ Loan del
Slide 15: Fully In-house Model
Fully In-house Model Business 2,007 Origination 01 02 …Leading to Desired Business Outcomes Pricing Reduced Power TAT 307 Credit 296 Legal & technical 03 04 Fully In-House Team.. 601 Collection Low Reduced Takeover Operational Risk 218 HO / Operations 14
Slide 16: Technology, Risk, Underwriting & Collections
About Us Organizational Overview Technology, Risk, Underwriting & Collections Sustainability Business Highlights Financials, Treasury & Capital Management 15
Slide 17: Technology Landscape
Technology Landscape Customer Relationship Digital Marketing & Service 07 Lead generation through Automated CRM and customer Campaigns. Brand, Product and service requests service awareness. Lead Enrichment Customer Onboarding Business Intelligence & Analytics 02 A mobile-first fully integrated digi
Slide 18: Mobile-First Fully Digital LOS
Mobile-First Fully Digital LOS Omni – Channel Lead Sourcing Credit Legal Account Aggregator Digital Agreements Customer App CIC (Credit Information 5.5% Existing Customer Referrals Companies) through customer service APP Bandhu App Referral App to generate 12.3% leads Unifying construction ECO Syste
Slide 19: Fully Digital LOS
Technology Update Key Features Complete Auto lead Digital Integrated lead lifecycle allocation application & APIs for KYC, visibility UPI, E-NACH Fully Digital LOS system docs. upload Real-time Lower Improved Faster TAT & analytics cheque collections & process dashboards bounce rates compliance disc
Slide 20: Risk & Data Science Backed Centralized Underwriting
Risk & Data Science Backed Centralized Underwriting Risk Management Tech - Intervention Centralized Processing Loans approved within 72 hrs • Tech enabled evaluation • Consistency in > 90 % • 50 + key data points of customers with 100+ underwriting with are collected for data points expertise in sta
Slide 21: Robust Underwriting and Collections
Robust Underwriting and Collections 100% In-House Sourcing Leveraging Technology Lead Generation through Digital Onboarding and KYC • A mobile-first fully integrated digital LOS for customer • Cust app, Bandhu app on-boarding. • Social media • Integration of Real-time APIs, OCR, and Account • 301 Br
Slide 22: Sustainability
About Us Organizational Overview Technology, Risk, Underwriting & Collections Sustainability Business Highlights Financials, Treasury & Capital Management 21
Slide 23: Sustainability
Sustainability Financial Inclusion Sustainable Practices Customer-Centric Social Impact ✓ Underserved borrowers ✓ Digital processes ✓ Borrower empowerment ✓ Expanding access in Tier 2, 3, 4 towns ✓ Resource conservation initiatives ✓ Transparent lending processes Employee Welfare Strong Corporate Go
Slide 24: Digital Initiatives for a Greener Tomorrow
Digital Initiatives for a Greener Tomorrow % of Digital Collections % of Digital Agreements % of Customers on App % Account Aggregator Penetration 94.6% 91.0% 90.4% 77.6% E-Nach Mandate 100% Q1 FY26 Q1 FY26 Q1 FY26 Q1 FY26 e-KYC & e-Stamping & Customer Bandhu HRMS Platform e-Signature e-NACH App App
Slide 25: Building Social Capital
Building Social Capital Financial Inclusion Corporate Social Employee Welfare Responsibility • Promoting financial • Improving access to • Hiring local talent in access in underserved quality education rural and semi-urban areas opportunities areas • Empowering informal • Promoting skill • Identifyi
Slide 26: Creating Lasting Impact
Creating Lasting Impact Education Upliftment ➢ Classroom construction ➢ Facilities for tribal students ➢ Toilets built in schools ➢ Green school eco-renovation ➢ Support for orphaned children ➢ School buses provided 25
Slide 27: Enabling Better Health
Enabling Better Health Community Development ➢ Medical facilities enhanced ➢ Equipment access expanded ➢ Support for special needs ➢ Health systems strengthened ➢ Holistic care enabled 26
Slide 28: Strong Governance Culture
Strong Governance Culture Committees Corporate Governance Resilient & Compliant Leadership Board Level • Diverse board with tech, • Audit • Dedicated CRO for risk finance, risk expertise • Nomination and Remuneration identification and mitigation • Our board enhances corporate • Corporate Social Res
Slide 29: Business Highlights
About Us Organizational Overview Technology, Risk, Underwriting & Collections Sustainability Business Highlights Financials, Treasury & Capital Management 28
Slide 30: Diverse Products for Niche Segment
Diverse Products for Niche Segment Secured Portfolio – Home Loans (HL) / Small Business Loans (SBL) 3% Home Loans 4% Home Loans 3% 19% Quasi Home Loans Quasi Home Loans 3% 22% Small Business Insurance Loans HFC NBFC Loans & Non-HLs Consol.* Insurance Loans 14% 61% Top up Loans 71% 100% Top up Loans
Slide 31: Performance Highlights: Q1 FY26
Performance Highlights : Q1 FY26 YoY QoQ Disbursement (₹Cr) AUM (₹Cr) Gross NPA (%) 1,064 11,267 1.49% 10,865 1.30% 1.19% 775 9,072 675 Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY25 Q1 FY26 15% -27% 24% 4% 19 bps 30 bps PAT (₹Cr) ROA (%) ROE (%) 219 19.7% 20.1% 207 7.9% 7.9% 18.1%
Slide 32: Yield, CoB & Spread
Yield, CoB & Spread Yield Cost of Borrowings 17.0% 16.9% 17.0% 17.3% 17.4% 17.4% 17.4% 17.4% 17.4% 17.4% 8.4% 7.7% 8.1% 8.6% 8.7% 8.6% 8.7% 8.7% 8.7% 8.6% FY 21 FY 22 FY 23 FY 24 FY 25 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Spread (%) 8.6% 9.2% 8.9% 8.7% 8.7% 8.7% 8.7% 8.7% 8.7% 8.7% FY 21 FY 22 FY
Slide 33: Lower Operating Cost Model
Lower Operating Cost Model Opex (%) 2.7% 2.7% 2.7% 2.7% 2.6% Q1 FY 25 Q2 FY 25 Q3 FY 25 Q4 FY25 Q1 FY26 2.8% 2.8% 2.7% 2.6% 2.5% FY 21 FY 22 FY 23 FY 24 FY 25 32
Slide 34: Asset Quality
Asset Quality Gross NPA (%) Net NPA (%) 1.12% 0.98% 0.94% 0.96% 1.49% 0.89% 1.30% 1.25% 1.28% 1.19% Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Collection efficiency (%) 30 + DPD (%) >98% 101.16% 6.45% 99.18% 99.28% 99.35% 99.12% 6.31% 6.23% 6.21% 5.91% Q1 FY25 Q2
Slide 35: Financials, Treasury & Capital Management
About Us Our Markets Technology, Risk, Underwriting & Collections Sustainability Business Highlights Financials, Treasury & Capital Management 34
Slide 36: Consolidated Statement of Profit and Loss
Consolidated Statement of Profit and Loss(*) ₹Cr FY 25 Particulars Q1 FY26 Q4 FY25 Q1 FY25 YoY 1,670 Interest Income 470 450 381 23% Gain on derecognition of financial 16 32 16 - - instruments 113 Fee and Other Income 29 33 24 23% (541) Interest Expenses (160) (150) (120) 34% 1,258 NIM 370 349 285 3
Slide 37: Consolidated Statement of Assets and Liabilities
Consolidated Statement of Assets and Liabilities(*) ₹Cr Particulars 30-June-25 30-June-24 Assets Share capital 100 100 Reserves &surplus 4,315 3,718 Net worth 4,415 3,818 Borrowings 7,101 5,505 Other Liabilities & Provisions 73 61 Total Assets 11,588 9,383 Liabilities & Equity Loan Assets 10,901 8,9
Slide 38: RoA Tree (based on Avg AUM)
RoA Tree (based on Avg AUM)(*) Particulars Q1 FY26 Q1 FY25 Revenue from Operations 17.7% 17.8% Gain on derecognition 1.1% - of financial instruments Other Income 0.4% 0.4% Total Revenue 19.2% 18.2% Interest Expenses (5.8%) (5.4%) NIM 13.4% 12.8% Operating Expenses (2.7%) (2.7%) Credit Cost (0.4%) (0
Slide 39: Provision for Expected Credit Loss (ECL)
Provision for Expected Credit Loss (ECL) ₹Cr Consolidated Particulars 30-June-25 31-Mar-25 30-June-24 Gross Stage 3 164.8 128.3 118.4 % portfolio in Stage 3 1.5% 1.2% 1.3% ECL Provision Stage 3 41.2 32.1 29.6 Net Stage 3 123.6 96.2 88.8 Provision coverage ratio (PCR) 25.0% 25.0% 25.0% Gross Stage 2
Slide 40: Robust Funding Management and Credit Profile
Robust Funding Management and Credit Profile Diversified and Balanced Funding Mix 25+ Lender Relationships Sources of funds mix(%) No Exposure to Short term loan incl CPs Others Mutual Refinance Funds 13.8% Banks DFI Insurance 20.7% NCDs 51.6% Private 13.9% Sector Banks NHB * Others represents Secur
Slide 41: Asset and Liability Maturity Pattern
Asset and Liability Maturity Pattern (₹Cr) Surplus 1,064 <3 Months 1,562 498 3-6 Months 1,030 167 1,197 6m -1 Year 1,475 197 1,672 1-3 Years 4,253 5,090 836 3-5 Years 2,255 4,737 2,482 5-7 Years 1,029 3,897 2,868 7-10 Years 878 3,033 2,154 >10years 101 416 315 Outflows Inflows Position as on 30th Ju
Slide 42: Fixed Vs Floating (Assets Vs. Liabilities)
Fixed Vs Floating (Assets Vs. Liabilities) Loan Assets & Borrowings (₹Cr) June-25 11,085 11,085 Floating Rate Lending 19% Floating Rate Borrowings 36% Fixed Rate Borrowings 27% Fixed Rate Lending 81% Equity 37% Loan Assets Borrowing/Equity Equity Fixed Floating Gap between Loan Assets & Borrowings f
Slide 43: Comfortable Liquidity Position/ Capital Adequacy
Comfortable Liquidity Position/ Capital Adequacy A. Liquidity (₹Cr) Particulars 30-June-25 Cash & Cash equivalents 516.8 Unavailed Sanctions from Banks 1,015.0 Total 1,531.8 Particulars Q2 FY26 Q3 FY26 Opening Liquidity 1,531.8 1,736.8 ₹1,887.9 Cr Add: Loan repayment & Surplus from Operations 930.3
Slide 44: Diverse Investor Base
Diverse Investor Base Founder Promoter Holding (%) FIIs & FPIs Holding (%) Shareholding as on 25th July’25 M. Anandan 23.91 Malabar 5.91 Public & Capital Research 5.49 Others Founder Promoter – M. Investor Promoter Holding (%) Anandan Ward Ferry 4.06 WestBridge 16.46 12.8% 23.9% Aberdeen 3.45 Mutual
Slide 45: Annexures
Annexures 44
Slide 46: Strong Corporate Governance, Distinguished Board
Strong Corporate Governance, Distinguished Board Non-Executive Chairman Sumir KP Managing M. Anandan Chadha Balaraj Director Executive Nominee Nominee Nominee Directors Chairman Director - Director - WestBridge WestBridge Non-Executive Anand Raghavan Independent Mona Kachhwaha Former partner – VG Ka
Slide 47: Experienced Professional Management
Experienced Professional Management P. Balaji Several years of experience in financial Services Managing Director including HFC 30+ yrs of experience C.T. Manoharan Sanjay Mittal ED & Chief Business Officer Chief Financial Officer 30+ yrs of experience 20+ yrs of experience Rich experience in housin
Slide 48: Thank You
47 THANK YOU For further information, please contact: Mr. Balaji P Amit Singh Managing Director Vice President – Investor Relations balaji.p@aptusindia.com amit.singh@aptusindia.com Investor Relations – Aptus Value Housing Finance investorrelations@aptusindia.com
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