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Informist, Saturday, Aug. 1, 2026

By Janwee Pajapati and Shreya Shetty

MUMBAI – Aptus Value Housing Finance India Ltd. plans to expand branches in Odisha and Maharashtra to drive growth, as the company sees a competitive edge in these regions, the management said in a post-earnings analysts call on Saturday. The affordable housing financier is targeting 60-70 new branches in this financial year. It has already set up 33 branches so far and expects to add more by the December quarter.

"...Currently we are planning around 60 to 70 branches and we only added 33 in the first quarter and we are planning to add another 25 in the second quarter as well," the housing financier's managemnet said. "The balance will get added subsequently and some of the branches get started in the near stage." 

The management of the housing finance company also remains confident of growth, driven by a higher average ticket size, supported partly by inflation and calibrated customer selection strategies. The company expects to attract higher-quality customers by reducing lending rates on selected loans.

On disbursements and advances, the company is targeting medium-term disbursement growth of 22–24%. July disbursements grew 25% year-on-year, while disbursements in the June quarter rose 36% on year. The combined loan book in Odisha and Maharashtra stood at INR 1.62 billion. "In terms of growth, Q1 disbursement grew 36% year-on-year, providing confidence in achieving the FY27 medium growth guidance of 22–24%," the management of the housing financier said. "This gives us an increase of 25% as compared to July 25 disbursement."   

Briefing on the product mix, the management said the company is likely to maintain its housing loans product mix, while the non-banking financial company segment is likely to see some churn. However, despite any changes in the product mix, the company does not expect any impact on its profitability.

"If you look at the product names, 67% are housing loans and the balance is non-housing loans. So this is likely to continue," the management said. "...In this mix, which we currently have when we start adding new products to maintain this mix."

The company expects its effective tax rate to be around 20–25%, similar to the previous two quarters on the back of the company's write-off policies. "The tax rate is basically because of the benefit we are getting because of the aggressive right of policies which we are following, and that's the tax benefit we are getting," the management said.  

The affordable housing finance company reported a consolidated net profit of INR 2.61 billion for the June quarter, up 19% from INR 2.19 billion a year earlier. Consolidated revenue rose to INR 6.00 billion from INR 5.20 billion a year ago. On Friday, shares of the company closed down 5.77% at INR 261.20 apiece on the National Stock Exchange.  End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Edited by Deepshikha Bhardwaj

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