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Friday, 29 October 2021

Aptus Value Housing Finance’s

 Aptus Value Housing Finance’s H1 FY22 Profit after tax (PAT) grew by 30 % Y-o-Y

v AUM of Rs. 4,481 crores; growth of 27% Y-o-Y

v PAT at Rs. 159 crores; growth of 30% Y-o-Y

v ROA at 7.43% - increase by 0.29 bps Y-o-Y

v Gross NPA at 0.81% - increased by 0.14 bps Y-o-Y

v Sufficient on balance sheet liquidity of Rs.736 crores

v Positive ALM and Strong Capital Base

Aptus Value Housing Finance India Ltd, a leading Housing Finance company in South India has declared its financial results for the quarter and half year ended on 30th September, 2021.

Key Performance Metrics for H1 FY22

Particulars (Rs. Cr)

H1 FY22

H1 FY21

Y-o-Y

Disbursements

668

489

37%

AUM

4,481

3,531

27%

PAT

159

122

30%

Gross NPA (%)

0.81

0.67

Increase by 0.14 bps

ROA (%)

7.43

7.30

Increase by 0.13 bps

 Performance Highlights

·         Return on Assets (ROA) is at 7.43%

·         Return on Equity (ROE) is at 14.09%

·         Networth of over Rs.2,700 crores

·         Diversified borrowings with 51% from NHB and DFIs like IFC and large financial institutions, 49% from banks

·         Network of 198 branches as on 30th September 2021

Commenting on the results, Mr. M Anandan, Chairman & Managing Director, Aptus Value Housing Finance India Limited, said, “While business activity was impacted in Q1 FY 22 due to the second wave of Corona, things returned back to normalcy towards the  end of Q1 and more so in the Q2 FY 22. This is reflected in our overall performance be it disbursements and collections which are crucial to any Housing Finance Company. In Q2 FY 22, we were almost at pre covid levels both in terms of disbursements and collection efficiencies.  During H1 FY22, we disbursed Rs. 668 crores registering a growth of 37% year on year. We have built a strong branch network of 198 branches to deliver quality service to our customers. The Company is well capitalised with a net worth of over Rs.2700 crores. As on September 30, 2021, we have maintained a sufficient on balance sheet liquidity of Rs. 736 crores in the form of cash and cash equivalents.

We continued to grow consistently and delivered an AUM growth of 27% Year on Year. PAT has grown at 30% and our ROA was at 7.43% which is one of the best in the Industry. Gross NPAs were at 0.81% as on 30 Sep 2021.

Further in the month of August 2021, we became a public listed company and the shares are listed on both NSE and BSE.

The Company expects a better Q3 which coincides with the festival season and hopes to grow the business volumes in the quarters ahead.

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