Aadhar Housing Finance, a non-banking finance company (NBFC), reported a 17.17% rise in its net profit for the third quarter of FY25. The company’s profit after tax (PAT) for Q3 FY25 stood at ₹239.34 crore, up from ₹204.37 crore in the same quarter last year. The total income for the quarter reached ₹797.64 crore, reflecting an 18.51% increase from ₹673.08 crore in Q3 FY24.
Aadhar Housing Finance’s assets under management (AUM) grew by 21%, reaching ₹23,976 crore, compared to ₹19,865 crore in the previous year. The company’s gross non-performing assets (NPAs) improved slightly to 1.36% in Q3 FY25 from 1.40% in the previous quarter, ending December 31, 2023.
The company saw strong disbursements, growing by 20%. The PAT for the first nine months of FY25 stood at ₹667 crore, showing a 22% year-on-year growth.
Aadhar Housing Finance Ltd is one of India’s largest housing finance companies, catering to the home financing needs of low-income groups. Aadhar Housing Finance primarily serves the low-income housing segment, offering loans of less than ₹15 lakh. As of December 2023, the average loan size was ₹10 lakh, with an average loan-to-value ratio of 58.3%.
Aadhar Housing Finance share price (NSE: AADHARHFC) is currently trading at ₹408.75, up by ₹15.80 (4.02%) as of 11:23 AM IST on February 7. The stock opened at ₹399.00, reached a high of ₹411.25, and a low of ₹398.15. The company has a market capitalisation of ₹17.60K crore and a P/E ratio of 20.92. Its 52-week high is ₹516.80, while the 52-week low is ₹292.00.
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Published on: Feb 7, 2025, 11:35 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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