Aadhar Housing Finance
- Market cap
- ₹ 19,212 Cr.
- P/E
- 16.7x
- P/B
- 2.65x
- 52-week range
- 427.3 – 563
- ROE
- 16%
- Dividend yield
- 0%
- Debt / equity
- 2.5
- Sector
- Finance
- Industry
- Housing Finance Company
- Listed on
- NSE, BSE
About
Aadhar Housing Finance Limited is an India-based retail-focused housing finance company (HFC) that primarily serves the low-income housing segment. It primarily targets economically weaker and low-to-middle-income individuals seeking small-ticket mortgage loans. Most customers are first-time home buyers with limited access to formal credit. It also provides loans against property, as well as financing for property renovation, extensions, purchase of commercial properties and self-occupied residential properties. The loans offered by the Company include a home loan for salaried employees; home loan for self-employed; loan for plot purchase and construction; home improvement loan; home extension loan; loan against residential commercial property (LAP); balance transfer and top up; loan for purchase of non-residential property; home construction loan; loan for plot purchase; loan for construction of non-residential property; Aadhar Gram Unnati; PMAY 2.0, and Aadhar Green Housing.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Housing Finance Company: 20 companies →Aadhar Housing Finance against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)16.7 against a typical 12.9: pricier than most peers (1st = cheapest).12th of 19
- Sales growth+17.1% against a typical +8.5% from a year earlier.6th of 18
- Profit growth+19% against a typical +19% from a year earlier.9th of 17
- Share price, 3 months−12.3% against a typical −12.3%.10th of 19
- Size₹ 19,211.5 Cr. market value against a typical ₹ 6,610.8 Cr. (1st = largest).5th of 19
Latest announcements
Exchange filings and their impact on the company.
- Executive Vice Chairman retires from executive role but stays on as interim non-executive chair.
Aadhar Housing Finance said Executive Vice Chairman Deo Shankar Tripathi has opted for early retirement effective 21 October 2026 and will cease to be key managerial personnel. The board has appointed him as Interim Non-Executive Chairperson from 22 October 2026. The move keeps leadership continuity at the board level with no financial terms disclosed.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA+ by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA+ | Stable | 22 Sep 2026 |
| India Ratings | Withdrawn | Stable | 28 Aug 2026 |
| CARE | Withdrawn | Stable | 3 Jul 2026 |
| Brickwork | Withdrawn | — | 7 Nov 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 22 Sep 2026 | ▲ Upgrade1 notch | [ICRA]AA → [ICRA]AA+ | — | ICRA | ₹ 4,144.83 Cr. | |
| 28 Aug 2026 | Withdrawn | was IND AA+ | — | India Ratings | ₹ 1,500 Cr. | |
| 14 Jul 2026 | Reaffirmed | [ICRA]AA | — | ICRA | ₹ 4,646.83 Cr. | |
| 3 Jul 2026 | Withdrawn | was CARE AA+ | — | CARE | ₹ 19,974.9 Cr. | |
| 4 Jun 2026 | Reaffirmed | [ICRA]AA | — | ICRA | ₹ 4,202.03 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Aadhar Housing FinanceAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 31 Jul 2026 | Financial Results | To consider and approve the Standalone and Consolidated Unaudited Financial Results along with the Limited Review Report of the Joint Statutory Auditors for the quarter ended June 30, 2026 |
| 5 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 30 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 7 Nov 2025 | Financial Results/Fund Raising | To consider and approve the financial results for the period ended September 30, 2025 and To consider the modification of Borrowing sub-limits for the Company. |
| 10 Oct 2025 | Other business matters | To consider other business matters: To consider and approve the new Employee Stock Option Scheme 2025 (New Scheme) subject to the approval of the Shareholders. |
| 4 Sep 2025 | Board meeting Rescheduled | Aadhar Housing Finance Limited has informed the Exchange that the meeting of the Board of Directors of the Company scheduled to be held on September 04, 2025 To consider other business matters: ESOP has been cancelled |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 629 | 673 | 692 | 713 | 764 | 798 | 833 | 848 | 897 | 943 | 985 | 993 |
| Interest | 239 | 251 | 262 | 277 | 285 | 297 | 315 | 332 | 342 | 348 | 343 | 376 |
| Expenses | 132 | 156 | 166 | 173 | 180 | 187 | 197 | 207 | 208 | 214 | 240 | 248 |
| Financing Profit | 258 | 266 | 264 | 263 | 299 | 314 | 321 | 309 | 348 | 382 | 401 | 368 |
| Financing Margin % | 41% | 40% | 38% | 37% | 39% | 39% | 39% | 36% | 39% | 40% | 41% | 37% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 2 | −15 | 8 | 4 |
| Depreciation | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 11 | 9 |
| Profit before tax | 253 | 261 | 259 | 257 | 292 | 308 | 316 | 305 | 343 | 360 | 398 | 364 |
| Tax % | 22% | 22% | 22% | 22% | 22% | 22% | 22% | 22% | 22% | 22% | 22% | 22% |
| Net Profit | 197 | 204 | 202 | 200 | 228 | 239 | 245 | 237 | 266 | 281 | 311 | 282 |
| EPS in Rs | 5 | 5.17 | 5.11 | 4.69 | 5.29 | 5.56 | 5.68 | 5.49 | 6.15 | 6.48 | 7.14 | 6.46 |
| Gross NPA % | 1.4% | 1.4% | 1.1% | 1.3% | 1.3% | 1.4% | 1.1% | 1.3% | 1.4% | 1.4% | 1.1% | 1.3% |
| Net NPA % | 0.9% | 1% | 0.7% | 0.9% | 0.9% | 1% | 0.7% | 1% | — | 1% | 0.8% | 0.9% |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 22%
- TTM
- 18%
- 10 Years
- —
- 5 Years
- 27%
- 3 Years
- 25%
- TTM
- 22%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 17%
- 3 Years
- 17%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Aadhar Housing Finance | ₹ 429.00 | ₹ 19,212 Cr. | 16.7x | 2.7x | 16% | — |
| Bajaj Finance | ₹ 927.00 | ₹ 5,77,146 Cr. | 25x | 5.8x | 18.1% | 23.7% |
| Shriram Finance | ₹ 867.00 | ₹ 2,04,004 Cr. | 13.9x | 3x | 16.4% | 20.9% |
| Jio Financial Services | ₹ 205.00 | ₹ 1,35,364 Cr. | 95.5x | 1.2x | — | 49.8% |
| Tata Capital | ₹ 307.05 | ₹ 1,30,358 Cr. | 20.5x | 3.3x | 12.3% | 16% |
| Power Finance Corporation | ₹ 316.00 | ₹ 1,04,283 Cr. | 5.4x | 1x | 20.7% | 29.1% |
Management
- Rishi Anand
- Chief Executive Officer, Managing Director, Executive Director
- Deo Shankar Tripathi
- Executive Vice Chairman
- Rajesh Viswanathan
- Chief Financial Officer
- R. Anil Kumar Nair
- Chief Operating Officer
- Harshada Shashank Pathak
- Company Secretary, Compliance Officer
Prices are delayed and for information only. Nothing on this page is investment advice.