Aadhar Housing Finance Ltd
Aadhar Housing Finance Ltd is one of the largest low-income housing finance companies in India servicing the home financing needs of the low income sections of the society. [1]
- Market Cap ₹ 20,176 Cr.
- Current Price ₹ 468
- High / Low ₹ 517 / 292
- Stock P/E 23.2
- Book Value ₹ 136
- Dividend Yield 0.00 %
- ROCE 11.4 %
- ROE 18.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 34.2% CAGR over last 5 years
Cons
- Stock is trading at 3.43 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance - Housing
Part of BSE 500 Nifty 500 BSE IPO Nifty Total Market BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| Revenue | 1,240 | 1,372 | 1,550 | 1,693 | 1,994 | 2,524 | 2,906 |
| Interest | 731 | 793 | 816 | 761 | 799 | 987 | 1,121 |
| 254 | 334 | 290 | 351 | 458 | 556 | 644 | |
| Financing Profit | 255 | 244 | 444 | 580 | 737 | 980 | 1,140 |
| Financing Margin % | 21% | 18% | 29% | 34% | 37% | 39% | 39% |
| -14 | -2 | -0 | -0 | -25 | -0 | 0 | |
| Depreciation | 5 | 12 | 11 | 13 | 16 | 21 | 25 |
| Profit before tax | 235 | 231 | 432 | 567 | 696 | 959 | 1,116 |
| Tax % | 31% | 18% | 21% | 22% | 22% | 22% | |
| 162 | 189 | 340 | 445 | 545 | 749 | 868 | |
| EPS in Rs | 64.51 | 47.99 | 8.61 | 11.26 | 13.80 | 18.96 | 20.63 |
| Dividend Payout % | 11% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 18% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 30% |
| TTM: | 23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 17% |
| Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 25 | 39 | 395 | 395 | 395 | 395 | 430 |
| Reserves | 835 | 2,308 | 2,298 | 2,751 | 3,301 | 4,051 | 5,439 |
| Borrowing | 8,195 | 9,643 | 10,374 | 10,675 | 12,153 | 13,960 | 14,962 |
| 406 | 375 | 561 | 552 | 764 | 680 | 244 | |
| Total Liabilities | 9,461 | 12,365 | 13,628 | 14,372 | 16,613 | 19,086 | 21,075 |
| 24 | 44 | 53 | 55 | 63 | 80 | 85 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 149 | 24 | 497 | 338 | 458 | 458 | 510 |
| 9,288 | 12,297 | 13,077 | 13,979 | 16,092 | 18,548 | 20,480 | |
| Total Assets | 9,461 | 12,365 | 13,628 | 14,372 | 16,613 | 19,086 | 21,075 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -2,558 | -1,784 | -907 | -1,157 | -2,432 | ||
| -48 | -1,496 | 823 | -475 | 605 | ||
| 3,360 | 3,701 | 275 | 1,463 | 1,778 | ||
| Net Cash Flow | 754 | 422 | 191 | -169 | -49 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| ROE % | 12% | 14% | 15% | 16% | 18% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Submission of Compliance certificate under 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2025
-
Board Meeting Intimation for To Consider And Approve The Audited Financial Statements Along With Statutory Auditor'S Report For The Year Ended 31St March, 2025 And The Modification Or Revalidation Of Borrowing Powers/Limits, Issuance Of Debentures & Approval To Create Charge
28 Mar - Board meeting to approve financial statements and borrowing powers.
- Closure of Trading Window 27 Mar
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 19 Mar
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
7 Mar - Of allotment of equity shares pursuant to exercise of ESOP
Concalls
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT REC
-
Jun 2024Transcript PPT
Focus on Low-Income Financing[1]
Aadhar Housing Finance is a housing finance company (HFC) focused on the low-income housing segment with a ticket size of < Rs 15 lakh. The average ticket size of loans was Rs 10 lakh, with an average loan-to-value of 58.3% end of December 2023.