Jefferies, Axis, HDFC Securities Maintain Positive Stance on Aptus Value Housing Finance

Aptus Value Housing Finance Sees Strong Q4FY26 Performance

Aptus Value Housing Finance, a key player in the affordable housing finance segment, has maintained its focus following a robust Q4FY26 performance. The company's improving disbursement momentum, healthy profitability, and continued expansion in its loan book have contributed to its strong results.

Despite rising competition and moderation in housing demand across segments, analysts remain optimistic about Aptus Value due to its strong return ratios, steady asset quality, and expansion strategy beyond core geographies. The company's focus on technology upgrades, rural customers, and higher-ticket loans has also strengthened optimism around medium-term growth prospects.

The Aptus Value stock has been volatile in recent times, with a 6% rise in 1 week and a 23% increase in 1 month. However, it shed 3% in 6 months and 15% in the last 1 year. The stock hit its 52-week low of ₹364.85 in August 2025 and ₹193.50 in March 2026. In today's deals, it ended 4.59% lower at ₹274.40 on BSE.

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Aptus Value Housing Finance Q4 Results

Aptus Value Housing Finance reported a 26% YoY rise in net profit to ₹261 crore during the March quarter, compared with ₹207 crore in the corresponding quarter last year. Total income increased 19% YoY to ₹594 crore from ₹499 crore in Q4FY25. For the full financial year FY26, net profit rose 26% to ₹943 crore, while total income climbed 25% to ₹2,246 crore.

The company's assets under management (AUM) stood at ₹13,107 crore at the end of March 2026, reflecting a 21% YoY growth. Growth was driven by the company's highest-ever quarterly disbursements of ₹1,242 crore during Q4FY26.

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Growth Momentum, Expansion Strategy Remain Key Positives

Analysts believe Aptus continues to benefit from its strong positioning in the affordable housing finance segment, especially among low-income group, self-employed, and rural customers. The company has also started focusing on higher ticket-size loans to diversify its customer profile and improve loan growth momentum.

The housing finance company is aggressively expanding its distribution network and plans to add 60 branches during FY27 as it looks to strengthen its presence beyond Tamil Nadu. Brokerages believe this geographic diversification strategy could help support long-term scalability, although growth outside core markets may remain gradual.

Aptus also witnessed improving disbursement trends during Q4FY26, with disbursements rising 16.7% YoY. Analysts noted that the company's decision to gradually move away from sub-₹0.7 million average ticket-size loans had temporarily affected growth earlier, but loan growth is now stabilising.

Overall, brokerages remain positive on Aptus Value Housing Finance due to its strong profitability profile, improving loan growth, and expansion strategy. However, analysts continue monitoring margin pressures, competitive intensity, and the sustainability of growth momentum in the affordable housing finance segment.