In Week of Mar 28, 2026, Aadhar Housing Finance Ltd (Finance - Housing) is outperforming Nifty 500 with +5.9% relative strength. Fundamentals: Weak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 (Quarter ended December 31, 2025) earnings • Updated Mar 28, 2026
What: Portfolio yield of 13.71-13.84% with exit spread of 5.97-6.0% provides margin cushion
Impact: +₹500 Cr revenue
“Management guidance for stable margins and continued growth trajectory”
What: GNPA trending down to 1.1-1.4% range with collection efficiency above 99%
Impact: +₹200 Cr revenue
“Management expects GNPA to end FY26 between 1.1%-1.4%, with credit costs at 25-26 bps”
What: Cost-to-income ratio improved by 50 bps YoY to 34.1-35.4% due to operating leverage
Impact: +₹150 Cr revenue
“Management stated cost-to-income ratio for 9M FY26 stood at 34.1-35.4% vs 35.9% in 9M FY25”
Earnings deceleration risks from management commentary
Trigger: AUM growth >20% with CRAR <40%
Impact: -10 bps margin impact
Management view: Company completed INR1,000 crore capital raise in May 2025 to support growth trajectory
Monitor: CRAR ratio quarterly
Trigger: RBI cuts rates by 50+ bps in H1 FY27
Impact: -15 bps margin impact
Management view: Management guidance indicates confidence in maintaining stable margins
Monitor: Portfolio yield vs cost of borrowing quarterly
Key quotes from recent conference calls
“Gross NPA stood at 1.38%, a sequential improvement of 4 bps versus last quarter. Collection efficiency remained upward of 99% during the third quarter. — Management”
“Portfolio yield at quarter-end was 13.71%-13.84%, with an exit spread of 5.97%-6.0%. — Management”
“We are driving a key milestone of crossing 30,000 crum by the end of this financial year. — Management”
“The 15.6% [ROE] is also impacted also because of the capital raise of INR1,000 crores that we had done in last May. — Management”
Forward-looking targets from management for FY26
Revenue Growth Target
20%
Implied PAT Growth
20%
Credit Growth Target
20%
NIM Guidance
6%
Key Milestones
• Cross 30,000 crore AUM by end of FY26
• Maintain GNPA between 1.1%-1.4%
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +18% | +22% | Stable |
| PAT (Net Profit) | +18% | +27% | Stable |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Mar 28, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Aadhar Housing Finance Ltd's latest quarterly results (Dec 2025) show
Aadhar Housing Finance Ltd's profit is growing with an stable trend.
Aadhar Housing Finance Ltd's revenue growth trend is stable.
Aadhar Housing Finance Ltd's asset quality trend is deteriorating.
Aadhar Housing Finance Ltd's long-term compounding rates
Aadhar Housing Finance Ltd's earnings growth is stable with mixed signals on a sequential basis.
Aadhar Housing Finance Ltd's trailing twelve month (TTM) performance
Aadhar Housing Finance Ltd appears fairly valued based on our fair value analysis.
Aadhar Housing Finance Ltd's current PE ratio is 19.1x.
Aadhar Housing Finance Ltd's current PE is 19.1x.
Aadhar Housing Finance Ltd's price-to-book ratio is 2.9x.
Aadhar Housing Finance Ltd is rated Weak with a fundamental score of 32.55/100. This score is calculated from objective financial metrics
Aadhar Housing Finance Ltd has a debt-to-equity ratio of N/A.
Aadhar Housing Finance Ltd's return ratios over recent years
Aadhar Housing Finance Ltd's operating cash flow is negative (FY2025).
Aadhar Housing Finance Ltd currently does not pay a significant dividend (yield 0.00%).
Aadhar Housing Finance Ltd's shareholding pattern (Dec 2025)
Aadhar Housing Finance Ltd's promoter holding has decreased recently.
Aadhar Housing Finance Ltd has been outperforming Nifty 500 for 1 consecutive week, indicating early-stage outperformance.
Aadhar Housing Finance Ltd is a new entry this week — it just started outperforming Nifty 500. New entries are worth monitoring for follow-through.
Aadhar Housing Finance Ltd has 3 key growth catalysts identified from recent earnings analysis
Aadhar Housing Finance Ltd has 2 key risks worth monitoring
In Q3 FY26 (Quarter ended December 31, 2025), Aadhar Housing Finance Ltd's management highlighted
Aadhar Housing Finance Ltd's management has provided the following forward guidance for FY26
Based on quantitative research signals, here is why Aadhar Housing Finance Ltd may be worth studying
Aadhar Housing Finance Ltd investment thesis summary:
Aadhar Housing Finance Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
