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Aptus Value Housing Finance India Limited announces Q1 FY23 Results
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  • AUM at Rs. 5,519 crores (up 30% Y-o-Y)
  • Disbursements stood at Rs.525 crores (up 113% Y-o-Y)
  • NIM at 14.28% (up 1.81% Y-o-Y)
  • PAT at Rs. 119 crores(up 62% Y-o-Y)
  • Gross NPA at 1.75%/Net NPA at 1.32% (NPA computed based on RBI circular dated 12 Nov 2021)

MUMBAI, India, Aug. 8, 2022 /PRNewswire/ --  Aptus  Value  Housing  Finance India  Ltd,  a  leading  Housing Finance Company in South India has declared its financial results for the quarter ended June  30,  2022.

Key  Performance  Metrics  for  Q1  FY  23

Particulars  (Rs.  Cr)

Q1FY23

Q1FY22

Y-o-Y

Disbursements

525

247

113  %

AUM

5,519

4,254

30  %

PAT

119

74

62  %

Gross  NPA (%)

1.75%  (*)

1.05  %

Increase  by  70  bps

ROA  (%)

8.88  %

7.30  %

Increase  by  158  bps

(*) –  As  per  RBI  circular dated  12  Nov  2021

 

Performance  Highlights

  • Return on Assets (ROA) is at 8.88%
  • Return on Equity (ROE) is at 15.89%
  • Networth of over Rs.3,000 crores
  • Diversified borrowings - from NHB, DFIs like IFC, large financial institutions and banks
  • Network of 211 branches as on June 30, 2022

Commenting  on  the  results, Mr.  M  Anandan,  Chairman  &  Managing  Director, Aptus  Value  Housing Finance  India  Limited, said, "During  Q1FY23,  we  disbursed Rs.  525  crores registering a  growth of 113% year  on  year.  We  have  built  a  strong  branch  network  of  211  branches to  deliver  quality  service  to  our  customers. The Company is well capitalised with a net worth of over Rs. 3000 crores. As on  June 30, 2022, we have maintained a sufficient on balance sheet liquidity of over Rs. 1300  crores including undrawn sanctions in the form of cash and cash equivalents. With strong  capital  base  and  prudent borrowing  practices,  we  have  positive ALM across  tenors.  

The business in this quarter geared up for strong growth in disbursements and collection efficiencies have come back to pre-covid levels with considerable improvement in soft buckets. 30 + DPD which was at 9.91% as on 31 March  2022 has come down to 6.48%  though  GNPAs  have  risen marginally. Gross  NPA  was  at  1.75% as  on  June  30,  2022.

We continued to grow consistently and delivered an AUM growth of 30% Year on Year. PAT  has  grown  at  62%  and  our ROA and ROE is one of the best in the Industry.

Our rating was upgraded to AA- from A+ by CARE during the quarter. ICRA has maintained  our rating  at  AA-  .

About Aptus Value Housing Finance India Limited: (aptusindia.com)(BSE: 543335) (NSE:  APTUS)

Aptus Value Housing Finance India Limited is amongst the fastest growing & profitable affordable housing finance Company with a network of 211 branches catering to over 89,000 active live accounts in Tamil Nadu (including the Union Territory of Puducherry), Andhra Pradesh, Karnataka, Telangana and Odisha. The company offers home loans for purchase and self-construction of  residential  property, home  improvement,  extension loans,  loan  against property  and  business loans, primarily to first time home buyers belonging to the low and middle-income  groups.

 

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