Conference Call with Aadhar Housing Finance Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Housing Finance company Aadhar Housing Finance announced Q3FY25 results Assets under management (AUM) grew by 21% to Rs 23,976 crore as of 31st December 2024 from Rs 19,865 crore as of 31st December 2023 Total number of loan accounts as of 31st December 2024 reached 2,86,000+ Net worth stood at Rs 6,114 crore as of 30th December 2024 inclusive of IPO proceeds from primary infusion Rs 1,000 crore (Gross) Gross NPA as of 31st December 2024 stood at 1.36%, as against 1.40% as on 31st December 2023 - Improved by 4 Bps Rishi Anand, MD & CEO of Aadhar Housing Finance said: “We have successfully concluded the first nine months of FY25 with a strong growth momentum. There has been consistent growth in our AUM, and we have reached an AUM level of Rs 23,976 crore as at the end of Q3FY25 which is a 21% YoY growth in AUM. Disbursements have remained strong with a growth of 20% (Q3FY25 Vs Q3 FY24). PAT for 9 months ended 31 st December 2024 stood at Rs 667 crore, a growth of 22% on a YoY basis. Government support remains a key growth driver, further strengthened by urbanization and rising demand. The recent budget announcements on income tax exemptions are set to boost the purchasing power of lower and middle-income groups, driving increased demand for housing loans. Budget allocations under PMAY will further enhance affordability initiatives, benefiting AHFCs that primarily serve low- and middle-income borroweRs This quarter we have added 12 new branches, taking the total number of branches in the current financial year to 34. This takes our total branches to 557 covering 21 states and 545 districts, enabling us to serve 286K+ live accounts across the country. Geographical expansion has always been our core focus area and we continue to strengthen our market presence through our “deeper impact” strategy. Additionally, we continue to leverage advanced data-driven insights, thereby strengthening our risk assessment, optimized resource allocation, and enhanced portfolio management. We are confident in our efforts and the exciting opportunities ahead, as we continue our commitment to serving the underserved communities”. Result PDF