- News |
-
- Featured
-
Canada’s privacy commissioner launches investigation over the use..
As the years pass by, technology also widens, and more and more are being discovered. From simple gadgets..
- Business |
-
- Featured
-
Be an informer to I-T dept; earn up..
Sharing "specific information" with the income tax department about any benami..
- Tech & Industry |
-
- Featured
-
Gravitational wave event likely signaled birth of black..
The merger of two neutron stars that generated gravitational waves detected last year may have led to the birth..
- Entertainment |
-
- Topics
- Malayalam Film
- Media
- Music
- Youth
-
- Featured
-
Shawn Mendes Released Highly Anticipated Self-Titled Album Today
Los Angeles, CA : Multi-Platinum singer/songwriter Shawn Mendes released his highly anticipated self-titled third album today, via Island Records. Get..
-
- New Products |
-
- Topics
- General
-
- Featured
-
ZOTAC Introduces Its GeForce GTX 960 series graphics..
Dubai- ZOTAC International, a leading innovator and manufacturer of graphic cards and mini-
-
- Education |
-
- Topics
- Campus News
-
- Featured
-
ITM University, Gurgaon Student Palash Chhabra Represents Varsity..
New Delhi: Palash Chhabra, a student of ITM University,..
-
- Health |
-
- Topics
- Medical News
-
- Featured
-
Maharshi Shushruta, The Great Grandfather of Surgery!
by Ayurvedacharya Dr.Hitesh Jani Dr.Hitesh Jani
-
- Tourism |
-
- Topics
- Travel
- Food&Beverages
- Hospitality
-
- Featured
-
“Keraliya Ayurveda is Credible and Authentic”
Irina Gurjeva Irina Gurjeva is not just another vacationer in..
-
- Sports |
- Editor's column |
- Magazine |
Aptus Value Housing Finance India Ltd – Q3 Results
Published on January 29, 2022
- AUM of Rs. 4,805 crores; growth of 27% Y-o-Y
- PAT at Rs. 260 crores; growth of 36% Y-o-Y
- ROA at 7.82% – increase by 60 bps Y-o-Y
- Gross NPA at 1.53% (1.11% without considering the impact of RBI circular dated 12 Nov 2021)
- Net NPA at 1.16%
- Sufficient on balance sheet liquidity of Rs. 835 crores including undrawn sanctions
- Positive ALM and Strong Capital Base
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(*) | 0.76 | 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.
