|
01 Sep 2025 |
Aptus Value Housing
|
Consensus Share Price Target
|
317.60 |
399.53 |
- |
25.80 |
buy
|
|
|
|
|
02 Aug 2025
|
Aptus Value Housing
|
ICICI Securities Limited
|
317.60
|
400.00
|
338.50
(-6.17%)
|
25.94 |
Buy
|
|
|
Aptus’ favourable AUM mix (only AHFC with a separate NBFC) with a high-yielding (~18–20%) non-HL portfolio – constitutes ~40% – alongside steady ~30% AUM growth during the past 8–12 quarters and tight control on asset quality has helped it become the first AHFC (under our coverage) to deliver >20% RoE in Q1FY26.
|
|
08 May 2025
|
Aptus Value Housing
|
Axis Direct
|
317.60
|
400.00
|
324.85
(-2.23%)
|
25.94 |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
04 Feb 2025
|
Aptus Value Housing
|
Axis Direct
|
317.60
|
400.00
|
321.45
(-1.20%)
|
25.94 |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
07 Nov 2024
|
Aptus Value Housing
|
Axis Direct
|
317.60
|
400.00
|
343.95
(-7.66%)
|
25.94 |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
05 Aug 2024
|
Aptus Value Housing
|
Axis Direct
|
317.60
|
385.00
|
310.55
(2.27%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
04 Aug 2024
|
Aptus Value Housing
|
ICICI Securities Limited
|
317.60
|
400.00
|
316.60
(0.32%)
|
Target met |
Buy
|
|
|
Improving trajectory in Aptus Value Housing Finance’s (Aptus) financial performance sustained in Q1FY25, evident in RoE expanding to 18.1%, from 16.9% in Q1FY24.
|
|
07 May 2024
|
Aptus Value Housing
|
Axis Direct
|
317.60
|
400.00
|
323.05
(-1.69%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
05 Feb 2024
|
Aptus Value Housing
|
Axis Direct
|
317.60
|
425.00
|
371.70
(-14.55%)
|
|
Buy
|
|
|
Recommendation: We maintain our BUY recommendation on the stock.
|
|
06 Nov 2023
|
Aptus Value Housing
|
Axis Direct
|
317.60
|
350.00
|
288.90
(9.93%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
05 Nov 2023
|
Aptus Value Housing
|
ICICI Securities Limited
|
317.60
|
325.00
|
293.30
(8.29%)
|
Target met |
Accumulate
|
|
|
The highlight of Aptus Value Housing Finance’s (Aptus) Q2FY24 result is its strong credit growth of 11% QoQ, surpassing the sequential growth range of 6-8% during the past 12 quarters and sustaining industry-leading profitability as reflected in >8% RoA and 17% RoE.
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|
03 Aug 2023
|
Aptus Value Housing
|
Axis Direct
|
317.60
|
330.00
|
262.90
(20.81%)
|
Target met |
Buy
|
|
|
Company Outlook: We remain confident in Aptus' ability to deliver consistently strong growth with a focus on strengthening leadership positions in existing core geographies and gradual ramp-up in business in the new geographies and to deliver best-in-class RoA/RoE over the medium term.
|
|
03 Aug 2023
|
Aptus Value Housing
|
ICICI Securities Limited
|
317.60
|
325.00
|
263.15
(20.69%)
|
Target met |
Buy
|
|
|
RoE expansion journey continued for Aptus Value Housing Finance (Aptus), as reflected in it improving to 16.9% in Q1FY24 (one of the highest within AHFC space) vs 16.3% in Q4FY23 and 15.9% in Q1FY23, driven by steady AUM growth (up 6% QoQ). It reported PAT of INR 1.4bn (up 20% YoY / 5% QoQ) driven by a sharp decline in credit cost to 14bps vs 48bps QoQ and 8% QoQ reduction in staff cost.
|
|
01 Aug 2023
|
Aptus Value Housing
|
Ashika Research
|
317.60
|
330.00
|
267.90
(18.55%)
|
Target met |
Buy
|
|
|
|
|
10 Jun 2023
|
Aptus Value Housing
|
Axis Direct
|
317.60
|
303.00
|
273.85
(15.98%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock with a TP of Rs 303, implying an upside of 10% from CMP.
|
|
07 Jun 2023
|
Aptus Value Housing
|
ICICI Securities Limited
|
317.60
|
325.00
|
278.65
(13.98%)
|
Target met |
Buy
|
|
|
We met Aptus Value Housing Finance’s (Aptus) newly appointed MD Mr. P Balaji and Sales, IT and collection head to get a sense of the underlying business trend in AHFC space and how Aptus is placed to sustain ~30% AUM growth in medium term.
|
|
08 May 2023
|
Aptus Value Housing
|
Axis Direct
|
317.60
|
320.00
|
262.15
(21.15%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
08 May 2023
|
Aptus Value Housing
|
ICICI Securities Limited
|
317.60
|
325.00
|
262.15
(21.15%)
|
Target met |
Buy
|
|
|
In Q4FY23, Aptus Value Housing Finance (Aptus) announced top management restructuring with – i) appointment of Mr. M Anandan as the Executive Chairman (Chairman & MD earlier), ii) appointment of Mr. P Balaji as the Managing Director (ED & CFO) and iii) appointment of Mr. John Vijayan Rayappa as the Chief Financial Officer (CRO earlier).
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|
07 Feb 2023
|
Aptus Value Housing
|
ICICI Securities Limited
|
317.60
|
316.00
|
275.75
(15.18%)
|
Target met |
Accumulate
|
|
|
Aptus Value Housing Finance’s (Aptus) Q3FY23 earnings at Rs1.26bn (up 24% YoY / 2% QoQ) (translating into 8.5% RoA and >15% RoE) were a tad lower than I-Sec estimate of Rs1.3bn. Disbursements were flat QoQ at Rs6.05bn and up 33% YoY, which supported AUM growth of 31% YoY and 6% QoQ to Rs63.1bn.
|
|
06 Feb 2023
|
Aptus Value Housing
|
Axis Direct
|
317.60
|
360.00
|
275.75
(15.18%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
10 Nov 2022
|
Aptus Value Housing
|
Axis Direct
|
317.60
|
350.00
|
326.60
(-2.76%)
|
|
Buy
|
|
|
We maintain our BUY recommendation on the stock with a target price of Rs 350/share (4.8x FY24E ABV), implying an upside of 15% from the CMP.
|