Aptus Value Housing Finance India Limited · NSE:APTUS
Aptus Value Housing Finance India — Q2 FY27 Earnings Presentation
50 slides from Aptus Value Housing Finance India's earnings presentation, Nov 4, 2026
Slide 1: Covering letter to stock exchanges
Ref No: APTUS/04-NOV/2026-27 November 04, 2026 To, To, BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai- 400001 Bandra (E) Scrip Code: 543335 Mumbai – 400 051 Scrip Symbol: APTUS Dear Sir/Madam, Su
Slide 2: Investor Presentation | Q2/H1 FY27
1 Aptus Value Housing Finance India Limited Investor Presentation | Q2/H1 FY27
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”) which have been prepared by Aptus Value Housing Finance India Limited (the “Company”) have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscri
Slide 4: Snapshot: H1 FY27 (Consolidated)
Snapshot: H1 FY27 (Consolidated) YoY Business Distribution Asset Quality Capital Profitability ₹ 2,206 Cr 1.99 L 1.68% ₹ 5,467 Cr ₹ 715 Cr Disbursement Customers GNPA Net-Worth PPoP +27% +16% +13 bps +17% +17% ₹ 14,177 Cr 4,220 1.27% 69.2% ₹ 528 Cr AUM Employees NNPA CRAR PAT +20% +14% +10 bps - +19
Slide 5: Snapshot: H1 FY27 (Standalone-HFC)
Snapshot: H1 FY27 (Aptus Value Housing Finance: Standalone-HFC) YoY Business Asset Quality Capital & Funding Profitability ₹ 10,086 Cr 1.48% ₹ 4,547 Cr ₹ 509 Cr AUM GNPA Net-Worth PPoP* +20% -5 bps +13% +10% ₹ 1,526 Cr 1.12% 7.9% ₹ 393 Cr Disbursement NNPA CoB PAT* +35% -4 bps -105 bps +10% 15.9% 25
Slide 6: Snapshot: H1 FY27 (Aptus Finance: NBFC)
Snapshot: H1 FY27 (Aptus Finance: NBFC) YoY Business Asset Quality Capital & Funding Profitability ₹ 4,091 Cr 2.17% ₹ 1,078 Cr ₹ 205 Cr AUM GNPA Net-Worth PPoP +22% +58 bps +38% +21% ₹ 680 Cr 1.63% 8.1% ₹ 135 Cr Disbursement NNPA CoB PAT +12% +43 bps -49 bps +18% 19.6% 169 bps 11.5% 6.8% Yield Credi
Slide 7: About Us
About Us Organizational Overview Technology, Risk, Underwriting & Collections Business Highlights Financials, Treasury & Capital Management Sustainability
Slide 8: Introduction
Introduction Operating through a distinct HFC and NBFC structure, catering to diverse customer segments Focused on Self-employed borrowers Providing home and small business loans to primarily self-employed in Tier-II/III/IV locations customers in semi-urban areas for past 16 years Regulated by RBI a
Slide 9: Our Journey
Our Journey CAGR Sustained 26% Rating Upgrade from CARE 20%+RoE and ICRA to AA 14,177 FY 21 – FY 26 Since Q1 FY26 Crossed 13,107 ₹10,000 Cr AUM 10,865 Listed on Stock Exchanges & Rating Upgraded to 8,722 Incorporated Profitable 100th Expanded to ICRA AA- Stable 4 States Branch 6,738 AUM* (₹Cr) 5,180
Slide 10: Key Strengths
Key Strengths Building the Next Phase of Growth Strong Governance and Outside South India Professional Management Unique Customer Value Proposition Fully In-house, Cost-efficient Model Good Asset Quality and Credit Advanced Technology Capabilities Discipline Sustainable Returns through a Diversified
Slide 11: Key Growth Strategies
Key Growth Strategies Continued Deepen Strengthen Continued Focus on HL & presence in Sourcing & focus on Strengthen existing states Product productivity & focus on SBL and expand into Portfolio Credit Cost newer markets • Large headroom in retail • Pursue the strategy of • Increase ATS across • Cre
Slide 12: Historical Performance
Historical Performance (Consolidated) ₹Cr Particulars FY 21 FY 22 FY 23 FY 24 FY 25 FY26 H1 FY26 H1 FY27 CAGR No. of Branches (#) 190 208 231 262 300 339 321 397 No. of Customers (#) 58,069 83,565 1,07,146 1,33,499 1,61,597 1,87,889 1,71,761 1,99,047 Disbursements 1,298 1,641 2,395 3,127 3,604 4,009
Slide 13: Organizational Overview
About Us Organizational Overview Technology, Risk, Underwriting & Collections Business Highlights Financials, Treasury & Capital Management Sustainability
Slide 14: Granular Book With Niche Customer Focus
Granular Book With Niche Customer Focus Home loan Quasi Home Loan Small Business Loan Self-employed Self-occupied residential property Self-employed Target Low/Middle Income Families Home construction/purchase Primarily used for business purpose Segment Tier-2/3/4 cities Tier-2/3/4 cities Tier-2/3/4
Slide 15: Contiguous Branch Expansion
Distribution Contiguous Branch Expansion Strategy Contiguous Branch Expansion We follow a contiguous expansion strategy to grow our presence. Before entering a geography, the following key factors are considered, Regional demographics, urbanization levels, and competitive intensity. Loan del
Slide 16: Fully In-house Model
Fully In-house Model Business 2,382 Origination 01 02 …Leading to Desired Business Outcomes Pricing Reduced Power TAT 393 Credit 382 Legal & technical 03 04 Fully In-House Team.. 811 Collection Low Reduced Takeover Operational Risk 252 HO / Operations 15
Slide 17: Technology, Risk, Underwriting & Collections
About Us Organizational Overview Technology, Risk, Underwriting & Collections Business Highlights Financials, Treasury & Capital Management Sustainability
Slide 18: Technology Landscape
Technology Landscape Customer Relationship Digital Marketing & Service Lead generation through Automated CRM and customer Campaigns. Brand, Product and service requests service awareness. Lead Enrichment Business Intelligence & Analytics Customer Onboarding A mobile-first fully integrated digital “P
Slide 19: Mobile-First Fully Digital LOS
Mobile-First Fully Digital LOS Omni – Channel Lead Sourcing Credit Legal Account Aggregator Digital Agreements CIC (Credit Information Customer App Companies) Existing Customer Referrals through customer service APP Bandhu App 10.1% Referral `App to generate leads Unifying construction ECO System Di
Slide 20: Fully Digital LOS
Technology Update Key Features Complete Auto lead Digital Integrated lead lifecycle allocation application & APIs for CKYC, visibility UPI, E-NACH Fully Digital LOS system docs. upload Real-time Lower Improved Faster TAT & analytics cheque collections & process dashboards bounce rates compliance dis
Slide 21: Risk & Data Science Backed Centralized Underwriting
Risk & Data Science Backed Centralized Underwriting Risk Management Tech - Intervention Centralized Processing Loans approved within 72 hrs • Technology-enabled • Consistency in > 90 % • Comprehensive underwriting supported underwriting with customer profiling by an integrated credit expertise in st
Slide 22: Robust Underwriting
Robust Underwriting 100% In-House Sourcing Leveraging Technology Lead Generation through Digital Onboarding and KYC • A mobile-first fully integrated digital LOS for • Cust app, Bandhu app customer on-boarding. • Social media • Integration of Real-time APIs, OCR, and Account • 397 Branches aggregato
Slide 23: Strengthened Collection Infrastructure
Strengthened Collection Infrastructure COLLECTION STRATEGY <18 MONTHS SOFT BUCKET / FIRST BOUNCE HARD BUCKET / OVERDUE NPA ACCOUNTS SALES TEAM CRM - COLLECTION FIELD COLLECTION TEAM LEGAL RECOVERY Sales-led responsibility for ~25-member centralized tele- Dedicated officers drive on- Specialist team
Slide 24: Business Highlights
About Us Organizational Overview Technology, Risk, Underwriting & Collections Business Highlights Financials, Treasury & Capital Management Sustainability
Slide 25: Diverse Products for Niche Segment
Diverse Products for Niche Segment Secured Portfolio – Home Loans (HL) / Small Business Loans (SBL) 3% 4% Home Loans 26% Quasi Home Loans Small Business Loans & HFC NBFC Non-HLs Insurance Loans 67% Top up Loans 100% AUM : ₹10,086 Cr AUM : ₹4,091 Cr LIG Largely Self Employed Rural 75% 81% Customers 8
Slide 26: Performance Highlights: Q2 FY27
Performance Highlights : Q2 FY27 (Consolidated) YoY QoQ AUM (₹Cr) Disbursements (₹Cr) Gross NPA (%) 14,177 1,153 1.68% 963 1.55% 11,767 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 +20% +20% +13 bps PAT (₹Cr) ROA (%) ROE (%) 267 20.0% 20.1% 7.9% 7.7% 227 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2
Slide 27: Yield, CoB & Spread
Yield, CoB & Spread (Consolidated) Yield Cost of Borrowings 17.0% 16.9% 17.0% 17.3% 17.4% 17.2% 17.3% 17.2% 17.1% 17.1% 17.0% 8.4% 7.7% 8.1% 8.6% 8.7% 8.3% 8.4% 8.3% 8.1% 8.0% 8.1% FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Spread (%) 8.6% 9.2% 8.9% 8.7% 8.7% 8.9% 8.
Slide 28: Efficient Operating Cost Model
Efficient Operating Cost Model (Consolidated) Opex to Average AUM (%) 2.8% 2.5% 2.8% 2.7% 2.6% 2.7% 2.7% 2.8% 2.8% 2.7% 2.8% FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Cost to Total Income (%) 15.3% 14.6% 14.6% 14.2% 14.4% 15.0% 15.0% 14.8% 15.5% 13.9% 13.8% FY 21 FY
Slide 29: Asset Quality
Asset Quality (Consolidated) Gross NPA (%) Net NPA (%) 1.70% 1.68% 1.55% 1.56% 1.52% 1.29% 1.27% 1.17% 1.18% 1.15% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Collection efficiency (%) 30 + DPD (%) 6.87% 7.08% 99.36% 100.50% 6.34% 6.48% 99.10% 98.52% 98.35% 6.21%
Slide 30: Provision for Expected Credit Loss (ECL)
Provision for Expected Credit Loss (ECL) (Consolidated) ₹Cr Particulars As on As on As on 30-Sep-26 30-June-26 30-Sep-25 Gross Stage 3 217.8 215.3 176.9 % portfolio in Stage 3 1.7% 1.7% 1.5% ECL Provision Stage 3 54.5 53.8 44.2 Net Stage 3 163.4 161.5 132.7 Provision coverage ratio (PCR) 25.00% 25.0
Slide 31: Financials, Treasury & Capital Management
About Us Organizational Overview Technology, Risk, Underwriting & Collections Business Highlights Financials, Treasury & Capital Management Sustainability
Slide 32: Statement of Profit and Loss (Consolidated)
Statement of Profit and Loss (Consolidated) ₹Cr H1 FY27 Particulars Q2 FY27 Q2 FY26 H1 FY27 H1 FY26 Vs H1 FY26 Interest Income 551 473 1,080 942 Net Gain on derecognition of 49 50 98 82 financial instruments Fee and Other Income 34 31 67 60 Interest Expenses (172) (165) (342) (325) Net Income Margin
Slide 33: Statement of Profit and Loss (Standalone-HFC)
Statement of Profit and Loss (Aptus Value Housing Finance: Standalone-HFC) ₹Cr H1 FY27 Particulars Q2 FY27 Q2 FY26 H1 FY27 H1 FY26 Vs H1 FY26 Interest Income 380 324 753 650 Net Gain on derecognition of 28 41 59 57 financial instruments Fee and Other Income* 27 51 52 75 Interest Expenses (113) (115)
Slide 34: Statement of Profit and Loss (NBFC)
Statement of Profit and Loss (Aptus Finance: NBFC) ₹Cr H1 FY27 Particulars Q2 FY27 Q2 FY26 H1 FY27 H1 FY26 Vs H1 FY26 Interest Income 172 155 331 306 Net Gain on derecognition of 21 9 39 25 financial instruments Fee and Other Income 8 6 16 11 Interest Expenses (61) (57) (120) (112) Net Income Margin
Slide 35: Balance sheet
Balance sheet (Consolidated) ₹Cr As on As on Particulars 30-Sep-26 30-Sep-25 Liabilities & Equity Share capital 100 100 Reserves &surplus 5,367 4,557 Net worth 5,467 4,657 Borrowings 8.386 7,284 Other Liabilities & Provisions 104 83 Total Liabilities & Equity 13,957 12,023 Assets Loan Assets 12,768
Slide 36: RoA Tree (based on Avg AUM)
RoA Tree (based on Avg AUM) (Consolidated) Particulars H1 FY27 H1 FY26 Revenue from Operations 16.5% 17.4% Net Gain on derecognition of financial 1.4% 1.4% instruments Other Income 0.3% 0.4% Total Revenue 18.3% 19.2% Interest Expenses (5.0%) (5.8%) Net Income Margin 13.2% 13.4% Operating Expenses (2
Slide 37: Robust Funding Management and Credit Profile
Robust Funding Management and Credit Profile Diversified and Balanced Funding Mix * 26+ Lender Relationships Sources of funds mix(%) No Exposure to Short term loan incl CPs NHB 7.2% Mutual Refinance Funds NCDs 11.0% Term Loans Insurance 18.1% Securitization / Direct Assignment 63.7% Private PTC : 8.
Slide 38: Asset and Liability Maturity Pattern
Asset and Liability Maturity Pattern (Consolidated) (₹Cr) Surplus <3 Months 1,406 1,940 533 3-6 Months 883 41 924 6m -1 Year 1,670 65 1,735 1-3 Years 5,100 6,290 1,190 3-5 Years 2,668 5,835 3,167 5-7 Years 1,117 4,599 3,482 7-10 Years 798 3,139 2,341 >10years 202 493 291 Outflows Inflows Position as
Slide 39: Comfortable Liquidity Position/ Capital Adequacy
Comfortable Liquidity Position/ Capital Adequacy A. Liquidity* (₹Cr) As on Particulars 30-Sep-26 Cash & Cash equivalents 731 Unavailed Sanctions from Banks 1,028 Total 1,759 Particulars Q3 FY27 Q4 FY27 Opening Liquidity 1,759 1,815 ₹1,984 Cr Add: Loan repayment & Surplus from Operations Surplus avai
Slide 40: Diverse Investor Base
Diverse Investor Base Shareholding as on 30th Sep’26 Founder Promoter Holding (%) FIIs & FPIs Holding (%) Public & M. Anandan 23.9 Others DIIs Malabar 5.2 DIIs Holding (%) Capital Research 3.4 17.8% 27.8% SBI MF 8.1 Vanguard US 3.2 Kotak MF 3.6 Govt. Pension Fund Norway 3.1 23.9% Aditya Birla MF 2.8
Slide 41: Sustainability
About Us Organizational Overview Technology, Risk, Underwriting & Collections Business Highlights Financials, Treasury & Capital Management Sustainability
Slide 42: Sustainability
Sustainability Financial Inclusion Sustainable Practices Customer-Centric Social Impact Underserved borrowers Digital processes Borrower empowerment Expanding access in smaller towns Resource conservation initiatives Transparent lending processes CRISIL ESG Rating : Strong Employee Welfa
Slide 43: Digital Initiatives for a Greener Tomorrow
Digital Initiatives for a Greener Tomorrow % of Digital Collections % of Digital Agreements % of Customers on App % Account Aggregator Penetration 99.5% 94.1% 92.5% 85.3% E-Nach Mandate 100% Q2 FY27 Q2 FY27 Q2 FY27 Q2 FY27 e-KYC & e-Stamping & Customer Bandhu HRMS Platform e-Signature e-NACH App App
Slide 44: Building Social Capital
Building Social Capital Financial Inclusion Corporate Social Sustainable Responsibility Livelihoods • Expanding financial • Expanding access to • Empowering women access in underserved quality education and through income- markets healthcare generating • Empowering self- • Strengthening essential op
Slide 45: Creating Lasting Impact
Creating Lasting Impact Education Upliftment Strengthening educational infrastructure in rural communities Expanding classrooms and learning facilities Digital literacy and vocational training for women Improving school accessibility through transportation support Supporting education and
Slide 46: Enabling Better Health
Enabling Better Health Community Development Strengthening neonatal and critical care infrastructure Provision of advanced medical equipment for specialized treatment Upgradation of diagnostic and clinical laboratory facilities Enhancing pediatric and newborn healthcare services Improving
Slide 47: Strong Governance Culture
Strong Governance Culture Committees Corporate Governance Resilient & Compliant Board Level Leadership • Audit • Diverse board with tech, • Dedicated CRO for risk • Nomination and Remuneration finance, risk expertise • Corporate Social Responsibility identification and mitigation • Our board enhance
Slide 48: Strong Corporate Governance, Distinguished Board
Strong Corporate Governance, Distinguished Board Chairman Managing M. Anandan Director Executive Chairman Non-Executive Natarajan Independent Anand Raghavan Mona Kachhwaha Ramasubramanian Former partner – Director –Ujjivan SFB, Directors Ernst & Young Former GM, RBI UC Investment Former VP – Managem
Slide 49: Experienced Professional Management
Experienced Professional Management P. Balaji Several years of experience in financial Services Managing Director including HFC 30+ yrs of experience C.T. Manoharan Sanjay Mittal ED & Chief Business Officer Chief Financial Officer 30+ yrs of experience 20+ yrs of experience Rich experience in housin
Slide 50: Thank You
49 THANK YOU For further information, please contact: Investor Relations – Aptus Value Housing Finance [email protected]
Aptus Value Housing Finance India — Q2 FY27 Earnings Presentation on 6ix