Aptus Value Housing Finance India Ltd –Q3 Results
Chennai: January 28th, 2022: Aptus Value Housing Finance India Ltd, a leading Housing Finance Company in South India has declared its financial results for the quarter and 9 months ended on 31st December 2021.
Key Performance Metrics for 9 months FY22
| Particulars (Rs. Cr) | 9m FY22 | 9m FY21 | Y-o-Y |
| Disbursements | 1,122 | 895 | 25% |
| AUM | 4,805 | 3,791 | 27% |
| PAT | 260 | 191 | 36% |
| Gross NPA (%) | 1.53(*) | 0.76 | Increase by 77 bps |
| ROA (%) | 7.82 | 7.22 | Increase by 60 bps |
(*) – As per the RBI circular dated 12 Nov 2021
Performance Highlights
• Return on Assets (ROA) is at 7.82%
• Return on Equity (ROE) is at 14.12%
• Networth of over Rs. 2,800 crores
• Diversified borrowings – from NHB, DFIs like IFC, large financial institutions and banks
• Network of 202 branches as of 31st December 2021
Commenting on the results, Mr M Anandan, Chairman & Managing Director, Aptus Value Housing Finance India Limited, said, “During the 9 months FY 22, we disbursed Rs. 1,122 crores registering a growth of 25% year on year. We have built a strong branch network of 202 branches to deliver quality service to our customers. The Company is well capitalised with a net worth of over Rs. 2,800 crores. As of December 31, 2021, we have maintained a sufficient balance sheet liquidity of Rs. 835 crores including undrawn sanctions 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 36% and our ROA was at 7.82% which is one of the best in the Industry. Gross NPA was at 1.53% as of 31 Dec 2021. Our GNPA without considering the impact of the RBI circular was at 1.11%.
Our rating was upgraded to AA- from A+ by ICRA during the quarter.
The Company expects a better Q4 which coincides with the busy season and hopes to grow the business volumes in the quarters ahead.