Aadhar Housing Finance Ltd has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Company delivered a consistent performance in H1 FY27, with steady AUM growth, strong traction on loan disbursement and stable asset quality.
Key Performance Highlights:
| Particulars (₹ Cr) | H1 FY27 | H1 FY26 | YoY | Q2 FY27 | Q2 FY26 | YoY |
| Assets Under Management (AUM) | 32,643 | 27,554 | 18% | 32,643 | 27,554 | 18% |
| Disbursements | 4,6131 | 4,089 | 13%1 | 2,577 | 2,110 | 22% |
| Profit after Tax (PAT) | 591 | 504 | 17%2 | 308 | 266 | 16%2 |
| Net worth | 8,201 | 6,894 | 19% | 8,201 | 6,894 | 19% |
| ROA (%) | 4.2% | 4.2% | – 1 bps | 4.2% | 4.3% | – 8 bps |
| ROE (%) | 15.0% | 15.1% | – 18 bps | 15.2% | 15.7% | – 41 bps |
| GNPA on AUM (%) | 1.34% | 1.42% | – 8 bps | 1.34% | 1.42% | – 8 bps |
Note 1: The Company has transitioned disbursement reporting to cheque realisation with effect from Q1 FY 27. Adjusting for the same, H1 FY27 disbursement growth is 21% and AUM growth is 20% on YOY basis.
Note 2: The Company granted stock options under Employee Stock Options Plan 2025, starting January 2026, at an exercise price of Rs 425/share. This grant entails a charge to P&L of Rs 28.2 Cr (Pre-tax) in H1 and Rs 14.2 Cr (Pre-tax) in Q2 FY27. Adjusted for the same, PAT growth is 22% in H1 FY27 and 20% in Q2 FY27 on a YoY basis.
PERFORMANCE HIGHLIGHTS: Q2 & H1 FY27
- Assets under management (AUM) grew by 18% YoY to Rs 32,643 crore as of September 30th, 2026, from Rs 27,554 crore as of September 30th, 2025.
- Disbursements for the quarter stood at Rs 2,577 crore, reflecting a growth of 22% YoY.
- Total number of loan accounts stood at over 3,48,000 as of September 30, 2026.
- Profit after tax grew by 16% YoY to Rs 308 crore in Q2 FY27, from Rs 266 crore in Q2 FY26. Adjusted for ESOP cost (Refer Note 2), Profit after tax grew by 20% YoY to Rs 319 crore in Q2 FY27.
- Net worth stood at Rs 8,201 crore as of September 30, 2026.
- Return on assets (ROA) and Return on equity (ROE) stood at 4.2% and 15.0%, respectively, for H1 FY27. Adjusted for ESOP cost (Refer Note 2), ROA and ROE stood at 4.3% and 15.5%, respectively.
- Gross NPA stood at 1.34% as of September 30, 2026, an improvement of 8 bps YoY, reflecting stable asset quality.
Commenting on Q2 & H1 FY27 performance, Mr. Rishi Anand, MD & CEO of Aadhar Housing Finance Ltd said: “During the first half of FY27, Aadhar Housing Finance continued to build on its growth momentum, with a strong focus on disciplined expansion, prudent underwriting and portfolio quality. Disbursement during the quarter grew by a strong 22%, Assets Under Management (AUM) stood at Rs 32,643 crore as of September 30th, 2026, registering a year-on-year growth of 18.5%. Profit after Tax for the quarter (Adjusted for ESOP – Refer Note 2) increased by 20% YoY and for H1 FY27 grew by 22%.
This quarter marked an important milestone, with India Ratings and ICRA upgrading our long-term credit ratings to AA+ (Stable). All three rating agencies now rate the company at AA+ (Stable) on standalone basis. This reinforces our strong financial profile, capitalisation and enables diversified funding access.
During the quarter, we expanded our footprint to Jammu, an important territory for us by adding one branch there, taking our network to 632 branches across 23 states and over 555 districts as of 30th September 2026.
This helps strengthening our reach in underserved markets.
While the evolving interest-rate environment and heightened competition warrant continued vigilance, the structural demand for affordable housing finance remains strong. We remain focused on expanding our footprint, improving employee and branch productivity and leveraging AI and technology to further drive operational efficiency, while maintaining asset quality, profitability and sustainable long-term growth.”