Aptus Value Housing Finance India Limited · NSE:APTUS
Aptus Value Housing Finance India — Q4 FY26 Earnings Presentation
50 slides from Aptus Value Housing Finance India's earnings presentation, May 6, 2026
Slide 1: Exchange cover letter for investor presentation
Ref No: APTUS/05-MAY/2026-27 May 06, 2026 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: In
Slide 2: Aptus Value Housing Finance India Limited Investor Presentation Q4/FY26
1 Aptus Value Housing Finance India Limited Investor Presentation | Q4/FY 26
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: Q4 FY26
Snapshot: Q4 FY26 YoY QoQ Business Distribution Asset Quality Capital Profitability ₹ 13,107 Cr 1.88 L 1.52% ₹ 5,060 Cr ₹ 344 Cr AUM Customers GNPA Net-Worth PPoP 21% 6% 16 % 5% 33 bps -4 bps 17% 5% 24% 7% ₹ 1,242 Cr 3,807 1.15% 71.0% ₹ 261 Cr Disbursement Employees NNPA CRAR* PAT 17% 21% 14 % -1% 2
Slide 5: Snapshot: FY26
Snapshot: FY26 YoY Business Distribution Asset Quality Capital Profitability ₹ 13,107 Cr 1.88 L 1.52% ₹ 5,060 Cr ₹ 1,274 Cr AUM Customers GNPA Net-Worth PPoP 21% 16% 33 bps 17% 27% ₹ 4,009 Cr 3,807 1.15% 71.0% ₹ 943 Cr Disbursement Employees NNPA CRAR* PAT 11% 14% 26 bps -33 bps 26% 17.2% 339 25.0%
Slide 6: Management's Perspective
Management’s Perspective Commenting on the results, Mr. P. Balaji, Managing Director, said, “Q4FY26 saw a further strengthening of our growth momentum, aided by technology enhancements and ongoing process improvements, alongside continued focus on credit quality. AUM grew 21% to ₹13,107 Cr in Q4 FY2
Slide 7: About Us
About Us Organizational Overview Technology, Risk, Underwriting & Collections Business Highlights Financials, Treasury & Capital Management Sustainability
Slide 8: 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 9: Our Journey
Our Journey Rating Upgrade CAGR from CARE and 26% ICRA to AA Crossed ₹10,000 Cr AUM & Opened 300th 13,107 FY 21 – FY 26 Branch 10,865 Listed on Stock Exchanges & Rating Upgraded to 8,722 ICRA AA- Stable Crossed 20% 6,738 RoE Equity From 5,180 Marquee AUM (₹Cr) Investors 4,086 100th Expanded to Branc
Slide 10: Key Strengths
Key Strengths Building the Next Phase of Growth Strong Governance and Outside South India Professional Management Unique Customer Value Proposition Fully In-house, Cost-efficient Model Good Asset Quality and Credit Advanced Technology Capabilities Discipline Sustainable Returns through a Diversified
Slide 11: 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 12: Historical Performance
Historical Performance ₹Cr Particulars FY 21 FY 22 FY 23 FY 24 FY 25 FY26 CAGR No. of Branches (#) 190 208 231 262 300 339 No. of Customers (#) 58,069 83,565 1,07,146 1,33,499 1,61,597 1,87,889 Disbursements 1,298 1,641 2,395 3,127 3,604 4,009 AUM 4,068 5,180 6,738 8,722 10,865 13,107 26% Total Inco
Slide 13: Organizational Overview
About Us Organizational Overview Technology, Risk, Underwriting & Collections Business Highlights Financials, Treasury & Capital Management Sustainability
Slide 14: Granular Book With Niche Customer Focus
Granular Book With Niche Customer Focus Home loan Quasi Home Loan Small 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
Slide 15: 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 16: Fully In-house Model
Fully In-house Model Business 2,181 Origination 01 02 …Leading to Desired Business Outcomes Pricing Reduced Power TAT 342 Credit 300 Legal & technical 03 04 Fully In-House Team.. 751 Collection Low Reduced Takeover Operational Risk 233 HO / Operations 15
Slide 17: Technology, Risk, Underwriting & Collections
About Us Organizational Overview Technology, Risk, Underwriting & Collections Business Highlights Financials, Treasury & Capital Management Sustainability
Slide 18: Technology Landscape
Technology Landscape Customer Relationship Digital Marketing & Service Lead generation through Automated CRM and customer Campaigns. Brand, Product and service requests service awareness. Lead Enrichment Customer Onboarding Business Intelligence & Analytics A mobile-first fully integrated digital “P
Slide 19: 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 5.8% Existing Customer Referrals Companies) through customer service APP Bandhu App Referral App to generate 12.8% leads Unifying construction ECO Syste
Slide 20: 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 21: 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 22: 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 • 339 Br
Slide 23: Business Highlights
About Us Organizational Overview Technology, Risk, Underwriting & Collections Business Highlights Financials, Treasury & Capital Management Sustainability
Slide 24: Diverse Products for Niche Segment
Diverse Products for Niche Segment Secured Portfolio – Home Loans (HL) / Small Business Loans (SBL) 3% 4% Home Loans 25% Quasi Home Loans Small Business Loans & HFC NBFC Non-HLs Insurance Loans 67% Top up Loans 100% AUM : ₹9,306 Cr AUM : ₹3,801 Cr LIG Largely Self Employed Rural 74% 80% Customers 85
Slide 25: Performance Highlights: FY26
Performance Highlights : FY26 YoY AUM (₹Cr) Disbursements (₹Cr) Gross NPA (%) 4,009 13,107 3,604 10,865 1.52% 1.19% FY25 FY26 FY25 FY26 FY25 FY26 21% 11% 33 bps PAT (₹Cr) ROA (%) ROE (%) 943 751 20.1% 7.9% 18.8% 7.7% FY25 FY26 FY25 FY26 FY25 FY26 26% 14 bps 135 bps 24
Slide 26: Performance Highlights: Q4 FY26
Performance Highlights : Q4 FY26 YoY QoQ AUM (₹Cr) Disbursements (₹Cr) Gross NPA (%) 12,330 13,107 1,242 10,865 1,064 1,030 1.56% 1.52% 1.19% Q4 FY25 Q3 FY26 Q4 FY26 Q4 FY25 Q3 FY26 Q4 FY26 Q4 FY25 Q3 FY26 Q4 FY26 21% 6% 17% 21% 33 bps -4 bps PAT (₹Cr) ROA (%) ROE (%) 261 21.2% 236 19.7% 20.0% 8.2%
Slide 27: Yield, CoB & Spread
Yield, CoB & Spread Yield Cost of Borrowings 17.0% 16.9% 17.0% 17.3% 17.4% 17.2% 17.4% 17.4% 17.3% 17.2% 17.1% 8.4% 7.7% 8.1% 8.6% 8.7% 8.3% 8.7% 8.6% 8.4% 8.3% 8.1% FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Spread (%) 8.6% 9.2% 8.9% 8.7% 8.7% 8.9% 8.7% 8.7% 8.9% 8.
Slide 28: Efficient Operating Cost Model
Efficient Operating Cost Model Opex to Average AUM (%) 2.8% 2.8% 2.7% 2.7% 2.7% Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 2.8% 2.8% 2.7% 2.7% 2.6% 2.5% FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 27
Slide 29: Asset Quality
Asset Quality Gross NPA (%) Net NPA (%) 1.49% 1.55% 1.56% 1.52% 1.12% 1.17% 1.18% 1.15% 1.19% 0.89% Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Collection efficiency (%) 30 + DPD (%) 101.16% 100.50% 6.45% 6.34% 6.48% 99.12% 99.36% 99.10% 6.21% 5.91% Q4 FY25 Q1 FY2
Slide 30: Provision for Expected Credit Loss (ECL)
Provision for Expected Credit Loss (ECL) ₹Cr Consolidated Particulars As on As on As on 31-Mar-26 31-Dec-25 31-Mar-25 Gross Stage 3 189.1 184.4 128.3 % portfolio in Stage 3 1.5% 1.6% 1.2% ECL Provision Stage 3 47.3 46.1 32.1 Net Stage 3 141.9 138.3 96.2 Provision coverage ratio (PCR) 25.0% 25.0% 25.
Slide 31: Financials, Treasury & Capital Management
About Us Organizational Overview Technology, Risk, Underwriting & Collections Business Highlights Financials, Treasury & Capital Management Sustainability
Slide 32: Consolidated Statement of Profit and Loss
Consolidated Statement of Profit and Loss ₹Cr FY26 Particulars Q4 FY26 Q3 FY26 FY26 FY25 Vs FY25 Interest Income 529 508 1,995 1,670 Net Gain on derecognition of financial 29 28 122 16 instruments Fee and Other Income 36 33 129 113 Interest Expenses (160) (162) (648) (541) Net Income Margin 434 406
Slide 33: Consolidated Balance Sheet
Consolidated Balance sheet ₹Cr As on As on Particulars 31-Mar-26 31-Mar-25 Liabilities & Equity Share capital 100 100 Reserves &surplus 4,960 4,217 Net worth 5,060 4,317 Borrowings 7,874 6,847 Other Liabilities & Provisions 110 80 Total Liabilities & Equity 13,043 11,243 Assets Loan Assets 12,207 10
Slide 34: RoA Tree (based on Avg AUM)
RoA Tree (based on Avg AUM) Particulars FY26 FY25 Revenue from Operations 17.3% 17.8% Net Gain on derecognition of financial 1.0% 0.2% instruments Other Income 0.4% 0.5% Total Revenue 18.7% 18.5% Interest Expenses (5.4%) (5.6%) Net Income Margin 13.3% 13.0% Operating Expenses (2.7%) (2.6%) Credit Co
Slide 35: 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 NHB 8.6% Mutual Refinance Funds NCDs 14.6% Term Loans Insurance Securitization / 57.6% Direct Assignment 19.2% Private PTC : 11.1
Slide 36: Asset and Liability Maturity Pattern
Asset and Liability Maturity Pattern (₹Cr) Surplus 1,284 <3 Months 1,803 519 3-6 Months 854 143 997 6m -1 Year 1,620 279 1,899 1-3 Years 4,647 5,761 1,114 3-5 Years 2,506 5,207 2,701 5-7 Years 1,217 4,060 2,844 7-10 Years 693 2,807 2,114 >10years 101 500 399 Outflows Inflows Position as on 31st Marc
Slide 37: Comfortable Liquidity Position / Capital Adequacy
Comfortable Liquidity Position/ Capital Adequacy A. Liquidity (₹Cr) As on Particulars 31-Mar-25 Cash & Cash equivalents 556.7 Unavailed Sanctions from Banks 1,505.0 Total 2,061.7 Particulars Q1 FY27 Q2 FY27 Opening Liquidity 2,061.7 2,057.2 ₹2,236.0 Cr Add: Loan repayment & Surplus from Operations 1
Slide 38: Fixed Vs Floating (Assets Vs. Liabilities)
Fixed Vs Floating (Assets Vs. Liabilities) Loan Assets & Borrowings (₹Cr) 31st March-26 12,404 12,404 Floating Rate Lending 18% Floating Rate Borrowings 40% Fixed Rate Borrowings Fixed Rate Lending 23% 82% Equity 37% Loan Assets Borrowing/Equity Equity Fixed Floating Gap between Loan Assets & Borrow
Slide 39: Diverse Investor Base
Diverse Investor Base Founder Promoter Holding (%) FIIs & FPIs Holding (%) Shareholding as on 30th April ’26 M. Anandan 23.9 Public & Malabar 5.6 Others FIIs & FPIs DIIs Holding (%) Govt. Pension Fund Norway 3.2 SBI MF 9.4 16.2% Vanguard US 3.2 29.4% Kotak MF 4.9 Aditya Birla MF 2.7 Ward Ferry 2.8 2
Slide 40: Sustainability
About Us Organizational Overview Technology, Risk, Underwriting & Collections Financials, Treasury & Capital Management Business Highlights Sustainability 39
Slide 41: 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 42: 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 99.5% 94.0% 92.3% 82.3% E-Nach Mandate 100% Q4 FY26 Q4 FY26 Q4 FY26 Q4 FY26 e-KYC & e-Stamping & Customer Bandhu HRMS Platform e-Signature e-NACH App App
Slide 43: Building Social Capital
Building Social Capital Financial Inclusion Corporate Social Employee Welfare Responsibility • Promoting financial • Strengthening access to • Hiring local talent in access in underserved inclusive and quality rural and semi-urban areas education areas • Empowering informal • Building employability
Slide 44: Creating Lasting Impact
Creating Lasting Impact Education Upliftment ➢ Inclusive education access ➢ Students Scholarship Support ➢ School infrastructure upgrade ➢ Digital learning access ➢ Holistic student development 43
Slide 45: Enabling Better Health
Enabling Better Health Community Development ➢ Affordable healthcare access ➢ Early disease detection ➢ Improved diagnostic facilities ➢ Renewable healthcare energy ➢ Accessible treatment services
Slide 46: Strong Governance Culture
Strong Governance Culture Committees Corporate Governance Resilient & Compliant Board Level Leadership • Audit • Diverse board with tech, • Nomination and Remuneration • Dedicated CRO for risk finance, risk expertise • Corporate Social Responsibility identification and mitigation • Our board enhance
Slide 47: Annexures
Annexures 46
Slide 48: Strong Corporate Governance, Distinguished Board
Strong Corporate Governance, Distinguished Board Chairman Managing M. Anandan Director Executive Chairman Non-Executive Natarajan Independent Anand Raghavan Mona Kachhwaha Ramasubramanian Former partner – Director –Ujjivan SFB, Directors Ernst & Young Former GM, RBI UC Investment Former VP – Managem
Slide 49: 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 50: Thank You
49 THANK YOU For further information, please contact: Investor Relations – Aptus Value Housing Finance investorrelations@aptusindia.com
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