Latest news with #AadharHousingFinanceLtd
Business Upturn
25-07-2025
- Business
- Business Upturn
Aadhar Housing Finance Q1 results: AUM grows 22% YoY to Rs 26,524 crore, net profit rises 19% to Rs 237 crore
By Aditya Bhagchandani Published on July 25, 2025, 17:59 IST Aadhar Housing Finance Ltd reported a strong set of numbers for the quarter ended June 30, 2025. The company's Assets Under Management (AUM) rose 22% year-on-year to Rs 26,524 crore, while Profit After Tax (PAT) increased by 19% to Rs 237 crore from Rs 200 crore in Q1 FY25. Disbursements for the quarter stood at Rs 1,979 crore, marking a 32% jump YoY, driven by healthy demand in the affordable housing segment. The company's net worth rose 17% YoY to Rs 6,616 crore. Return on Assets (ROA) came in at 4.0% and Return on Equity (ROE) stood at 14.7%. Gross NPA on AUM increased slightly to 1.34% from 1.31% YoY. Commenting on the performance, MD & CEO Rishi Anand said the company's growth was supported by robust operational strength and rising housing demand. He also highlighted a rating upgrade by CARE from AA to AA+ and the company's expansion into Assam with a new branch in Guwahati. We concluded the first quarter of FY26 on a strong note with an AUM of INR 26,524 crore, reflecting a YoY growth of 22%. Disbursements remained healthy at INR 1,979 crore, up 32% YoY, supported by sustained demand in the affordable housing segment. Profit after Tax (PAT) for the quarter stood at INR 237 crore, marking a YoY growth of 19%. Another milestone to highlight for this quarter is the rating upgrade from CARE for our long-term bank facilities and non-convertible debentures (NCDs) to CARE AA+ from the earlier CARE AA, while maintaining a stable outlook, reflecting Aadhar's strong financial and operational performance. We also marked our entry to a new state Assam with a new branch at Guwahati. The affordable housing finance sector has gained strong momentum over the past year, supported by proactive government measures and rising demand. A key macro development this quarter was RBI's third consecutive repo rate cut, reducing it by 50 basis points to 5.50% in June 2025, enhancing affordability for first-time and low-income homebuyers ahead of the festive season. We remain optimistic that these policy actions will further accelerate growth in the affordable housing segment. Our leadership in the affordable housing segment is anchored in serving low-income families across 22 states, 591 branches and 547 districts, reaching over 3,06,000+ customers. Backed by a robust operational foundation and a customer-centric strategy, Aadhar Housing Finance remains well-positioned to continue its growth journey while enabling more families to realize their dream of home ownership. Aadhar Housing remains optimistic on sector momentum, supported by RBI's third consecutive repo rate cut to 5.50% in June 2025, which is expected to drive affordability and demand in the coming quarters. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Mint
22-05-2025
- Business
- Mint
4 serious consequences of missing your home loan EMI payments
In the nation's ever evolving economic landscape, consistent and on time repayment of home loan Equated Monthly Instalment (EMI) holds immense value. It is imperative to make sure that the repayment of not only home loans but any other kind of loan is made on time and in seamless fashion to avoid any late payment fees or charges. Due to the same, missing out on even a single payment or EMI can result in serious financial complications and legal ramifications. Rishi Anand, MD & CEO, Aadhar Housing Finance Ltd says, 'Missing EMIs can damage your credit score, increase debt burden with late fees, and lead to loan foreclosure or legal action. As, the interest continues to accumulate on defaulted EMIs, further increasing your outstanding balance and putting greater pressure on your finances. To avoid this, set up automatic payments, prioritise timely repayments, and communicate with your lender if facing financial difficulties." Keeping the above points in mind, here are four critical reasons why staying current on your home loan EMIs is essential: Your credit score is simply a reflection of your financial prosperity i.e., how reliable you are in making repayments on time. That is why even a single missed EMI can result in causing a substantial drop in your credit score influencing your future savings and borrowing in a negative way. A delay of just one day can result in reducing your credit score by up to 25 to 30 points. A month-long delay may result in an even more serious dent, declining your score by 75 to 100 points. The negative remarks of default or missed payment can stick on your report for up to 7 years. Missing EMIs can result in financial penalties, legal difficulties etc. These additional costs can strain your financial health further and result in emotional and psychological problems. Late payment fees typically range from 1% to 2% of the EMI amount. Penal interest rates can be as high as 2% to 4% per month on the overdue amount. These charges accumulate quickly, increasing the overall repayment burden. Regular non payment can result in several legal difficulties including loss of your property along with other serious economic consequences: If you miss three consecutive EMIs then your loan account might be classified as a Non-Performing Asset (NPA). This will make future personal loans and premium credit cards nearly impossible to secure. Banks and financial institutions can initiate recovery proceedings against defaulters. These proceedings are initiated under the SARFAESI Act and have the possibility of property auctioning to meet loan shortfalls. Further legal actions, seizure of assets etc., can damage your financial standing and creditworthiness to an even larger extent. The consequences of missed EMIs extend beyond immediate financial penalties impacting your financial future and economic prosperity. A 'settled' status on your loan indicates partial repayment. It can lower your credit score by 50 to 100 points. Such negative information can stick on your credit report for about 7 years. Tarnished credit history can make it tough for you to secure new loans or credit cards. Hence, missing your home loan EMIs can significantly damage your credit profile. It can negatively influence your credit score, invite penalties and even result in serious legal consequences such as property and asset auctions along with seizure of funds for meeting repayment short falls. These developments generally take place on court orders still, it is always prudent for borrowers to avoid going in that direction as it creates financial instability, legal difficulties and complicates an individual's financial prosperity. Disclaimer: This article is for informational purposes only and does not constitute financial or legal advice. Please consult a professional before making loan-related decisions.
