Aadhar Housing Finance Limited — Q1FY27 earnings call summary

Filed 04 August 2026 · Official transcript

Cost-to-income at 36.3% including INR14 Cr ESOP charge; credit cost seasonal at 40-45 bps Q1, expected 23-25 bps FY27
Q1 FY27 AUM grew 18% Y-o-Y to INR31,364 Cr; disbursements INR2,036 Cr (cheque clearance basis)
Medium-term guidance: 20% AUM growth, 20% profit growth, 17-18% disbursement growth for FY27
Branch network 628 across 22 states; 45-50 new branches planned for FY27
Management confident of sustaining 5.5%+ spreads and 20% growth guidance for FY27
Liquidity maintained at ~7-8% borrowings; 78% borrowings floating rate; exit cost of funds 7.7%
Portfolio: 73% home loans, 27% non-home loans; 60% LTV; salaried 55% of AUM; GNPA 1.31%, Stage 2 at 3.3%
Spreads steady at 5.8% despite 15 bps rate cut; urban-emerging branch strategy supports yield