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APTUS VALUE HOUSING FINANCE INDIA LIMITED

APTUS VALUE HOUSING FINANCE INDIA LIMITED

Chennai: 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(*)

0.7

Increase by 77 bps

ROA (%)

7.82

7.22

Increase by 60 bps

(*) – As per 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 on 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 on December 31, 2021, we have maintained a sufficient on 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 on 31 Dec 2021. Our GNPA without considering the impact of 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.

 

 

 

 

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