Tag: Aptus Value Housing Finance India Limited

Business

Aptus Value Housing Finance India Limited -FY 22 Results

May 6, 2022 by Rekha Nair 0 Comments #Aptus Value Housing Finance India Limited, #Chairman & Managing Director, #Mr. M Anandan

Chennai: May 2022: Aptus Value Housing Finance India Ltd, a leading Housing Finance Company in South India has declared its financial results for the quarter and year ended on 31st March 2022.

Key Performance Metrics for FY22

 

Particulars (Rs. Cr) FY22 FY21 Y-o-Y
Disbursements 1,641 1,298 26%
AUM 5,180 4,067 27%
PAT 370 267 39%
Gross NPA (%) 1.19(*) 0.70 Increase by 49 bps
ROA (%) 8.00 7.37 Increase by 63 bps

(*) – As per RBI circular dated 12 Nov 2021

Performance Highlights

• Return on Assets (ROA) is at 8.00%
• Return on Equity (ROE) is at 14.45%
• Net worth of over Rs.2,900 crores
• Diversified borrowings – from NHB, DFIs like IFC, large financial institutions and banks
• Network of 208 branches as on 31 March 2022

Commenting on the results, Mr. M Anandan, Chairman & Managing Director, Aptus Value Housing Finance India Limited, said,“During FY 22, we disbursed Rs. 1,641 crores registering a growth of 26% year on year. We have built a strong branch network of 208 branches to deliver quality service to our customers. The Company is well capitalised with a net worth of over Rs. 2,900 crores. As on March 31, 2022, we have maintained a sufficient on balance sheet liquidity of Rs. 846 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 39% and our ROA was at 8.00% which is one of the best in the Industry. Gross NPA was at 1.19% as on 31 March 2022.

Our rating was upgraded to AA- from A+ by ICRA during the year.

Business

Aptus Value Housing Finance India Limited debut on bourses, Scrip recovers

Aug 25, 2021 by Rekha Nair 0 Comments #Aptus Value Housing Finance India Limited

Mumbai: Aptus Value Housing Finance India Limited, one of the largest housing finance companies in South India in terms of asset under management and has the largest branch network in South India among the peer set, as of March 31, 2021 (Source: CRISIL Report); listed on BSE at Rs. 329.95 at a 6.53% discount over its issue price. The scrip got listed at NSE at Rs. 333 per share, a 5.66 % percent discount over its issue price of Rs 353. The shares of the company at day end closed at Rs. 346.50 per share on BSE and Rs. 352 per share on NSE.

The initial public offering was offered at a lower price band of Rs 346 per share and a higher price band of Rs 353.

As per BSE, the total quantity traded stood at 16.21 lac shares with a delivery quantity percentage of 62.32%. Quantity traded and delivery percentage at NSE was approx. 3.25 crore shares and 66.47 % respectively. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1176.29 crore.

The Market Capitalization of the Company post today’s closing price stood at Rs. 17,171.87 crores as per BSE and Rs. 17,444.44 crores as per NSE.

The Offer was comprising of fresh issuance of Equity Shares, aggregating up to Rs.500 crores and an offer for sale of Equity Shares aggregating up to 64,590,695 Equity Shares by the Selling Shareholders. The portion reserved for retail investors was subscribed 1.35 times. While the Qualified Institutional Buyer category was subscribed 32.41 times, the Non-Institutional Investor category was subscribed 33.91 times.