Aadhar Housing Finance Ltd (AHFL) is one of the largest affordable housing finance companies in India servicing the home financing needs of the low-income sections of society. Aadhar endeavors to empower underserved millions to own their first homes. The erstwhile Aadhar Housing Finance Limited was incorporated in 2010 and later amalgamated with DHFL Vysya w.e.f. November 20, 2017, and subsequently changed its name to Aadhar Housing Finance Limited.
BCP TOPCO VII PTE. LTD. (a Blackstone Group Company) is the holding company of Aadhar Housing Finance Ltd. The company went public in 2024, with shares getting listed on BSE and NSE on May 15, 2024, at an IPO price of ₹315 per share.
The Company offers home loans for salaried employees, self-employed, plot purchase, construction, home improvement, extension, and loans against property, as well as balance transfer services. Aadhar Housing Finance is a housing finance company (HFC) focused on the low-income housing segment with a ticket size of less than ₹15 lakh. The average ticket size of loans was ₹10 lakh, with an average loan-to-value of 58.3% end of December 2023.
Today, the company provides financing solutions to all segments of customers whose monthly income is between INR 5000 (USD 76) to INR 50000 (USD 765) and above. Established in 2010, the company has served more than 1,88,000 customers through 326 locations across the nation. Today, its branches across 20 States & Union Territories help reach more than 90% of the country's population and provide credit solutions that make home ownership accessible to everyone.
- Net profit rose 21.64% to ₹911.83 Crore in the year ended March 2025, as against ₹749.64 Crore during the previous year ended March 2024. Sales rose 20.13% to ₹3,107.63 Crore in the year ended March 2025, as against ₹2,586.82 Crore during the previous year ended March 2024.
- Net profit rose 21.35% to ₹244.84 Crore in the quarter ended March 2025, as against ₹201.76 Crore during the previous quarter ended March 2024. Sales rose 20.35% to ₹832.61 Crore in the quarter ended March 2025, as against ₹691.80 Crore during the previous quarter ended March 2024.
- Net profit rose 17.17% to ₹239.34 Crore in the quarter ended December 2024, as against ₹204.27 Crore during the previous quarter ended December 2023. Sales rose 18.51% to ₹797.61 Crore in the quarter ended December 2024, as against ₹673.05 Crore during the previous quarter ended December 2023.
- Market Cap: ₹19,674 Crore (as of July 2025)
- Revenue: ₹3,108 Crore | Profit: ₹912 Crore
- Stock is trading at 3.09 times its book value.
- Promoter Holding: 75.6%.
Capital Adequacy Ratio (CAR) was at 38.5% as on March 31, 2024, compared to 42.7% a year ago. The ROCE for the company improved and stood at 11.30% during FY24, from 10.08% during FY23. The company's gross NPA ratio stood at 0.0% as of March 31, 2024, compared to 0.0% in the same period a year ago. The net NPA ratio was 0.7% in financial year 2024 compared with 0.8% a year ago.
The company received two prestigious awards at the 7th Edition of 'National Awards For Excellence in BFSI 2021' which was held virtually on August 26, 2021:
1. Aadhar Housing Finance Ltd received the 'Affordable Housing Finance Company of the Year' award.
2. Shri Deo Shankar Tripathi, MD & CEO, Aadhar Housing Finance Ltd, was conferred with 'CEO of the Year' award.
For the second consecutive year, Aadhar Housing Finance has been certified as a 'Great Place To Work' by Great Place To Work Institute, a Global authority on recognizing high-trust and performance-driven culture at workplaces. Aadhar Housing Finance has been awarded and recognized as 'The Best Brand 2021' at the 4th Edition of 'The Economic Times – Best Brands 2021' held at Sahara Star in Mumbai on December 21, 2021.
Formed with the merger of DHFL Vysya and Aadhar Housing Finance, Aadhar is one of the few players which has a pan-India presence. The company prides itself on the empathy, trust, and transparency-led customer service it provides and sees it as its key competitive advantage. The customer-centric approach has helped build a loan book of about a billion rupees.
The company has built a strong distribution network through 12,221 Aadhar Mitras who get referral fees for sourcing customers' loans as of September 30, 2023. The deep impact branches' sales offices aim to serve customers in India's Tier 4 and Tier 5 towns.
Aadhar Housing Finance stock peaked at ₹517 in September 2024, then declined 33%. Recently, it formed an Inverse Head and Shoulders pattern and is nearing the neckline at ₹445, with a 13% rise this month. Aadhar Housing Finance Ltd is currently in a Bullish trading position according to technical analysis indicators.
Aadhar Housing Finance Ltd continues to demonstrate strong fundamentals with consistent growth in profitability and revenue, positioning itself as a key player in India's affordable housing finance sector. The company's focus on financial inclusion and serving the underserved segments of society, combined with its robust operational metrics and strong capital adequacy, makes it an important contributor to India's housing finance ecosystem.
