Aadhar Housing Finance Ltd - 37% increase in annual net profit
Company name - Aadhar Housing Finance Ltd.
Last closing price(NSE:AADHARHFC) - ₹457.8 (as on 12-Sep-2024)
Estimated reading time - 4 minutes
Executive Summary
Aadhar Housing Finance is a technology backed housing loan company focused on the low-income housing segment. Their average ticket size is ~ ₹10 lacs.
The company has a consistent track record of growing net profit from 100Cr in FY 2018 to 749Cr in FY 2024. The net profit and EPS increased by 37.4% in FY 2024.
EPS improved by 26% in Q1-2025.
Stock price chart
Detailed analysis
About the company
Aadhar Housing Finance is a technology backed housing loan company focused on the low-income housing segment. Their average ticket size is ~ ₹10 lacs.
The company has a consistent track record of AUM and profit growth, and a focus on using technology to scale and and control their NPAs.
The company listed on the stock exchanges recently on 15-May-2024.
Future potential of low-income housing sector -
Financial analysis
Overview
The promotor holding is 76.5% and the pledged percentage is 0%
Quarterly results
Growth in key metrics in the latest quarter Q1 - 2025 compared to the last year’s same quarter -
The net profit increased by 37%.
Financing margins improved by 15.6%.
EPS improved by 26%.
Net NPA(non-performing assets) improved by 18%.
Annual results
Growth in key metrics in the last financial year 2024 compared to the last financial year -
The company has a consistent track record of growing net profit from 100Cr in FY 2018 to 749Cr in FY 2024.
The net profit and EPS increased by 37.4% in FY 2024.
Peer comparison
The company has reported the highest quarterly profit growth among it’s peers at 36.79%.
The sales growth is the 2nd highest among the peers at 26.6%.
The company’s ROCE is 2nd highest among the peers at 11.36%.
Timing analysis
Institutional volume signs seen in the week of 2-Sep with 3X spike in trading volumes.
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Disclaimer
This is not a stock recommendation. It’s an analysis of the stock basis the data available today, and the viewpoint can change in future.
Credits : Financial data source - screener.in