Aadhar Housing Finance Limited — year ended March 31, 2026 (quarter ended March 31, 2026 and year ended March 31, 2026)
| Particulars | For the quarter ended March 31, 2026 (Audited) | For the quarter ended December 31, 2025 (Unaudited) | For the quarter ended March 31, 2025 (Audited) | For the year ended March 31, 2026 (Audited) | For the year ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|
| 1 Income | |||||
| Revenue from operations | |||||
| a) Interest income | 85,145 | 83,298 | 72,240 | 3,24,390 | 2,71,899 |
| b) Fees and commission income | 5,911 | 5,128 | 5,439 | 21,075 | 19,935 |
| c) Net gain on fair value changes | 342 | 379 | 682 | 1,597 | 2,196 |
| d) Net gain on derecognition of financial instruments under amortised cost category | 7,049 | 5,460 | 4,891 | 20,167 | 16,705 |
| Total revenue from operations | 98,447 | 94,265 | 83,252 | 3,67,229 | 3,10,735 |
| Other income | 788 | 107 | 123 | 1,425 | 127 |
| Total income | 99,235 | 94,372 | 83,375 | 3,68,654 | 3,10,862 |
| 2 Expenses | |||||
| Finance costs | 34,333 | 34,750 | 31,471 | 1,36,439 | 1,17,377 |
| Impairment on financial instruments | 1,017 | 1,753 | 639 | 6,758 | 5,707 |
| Employee benefits expense | 14,139 | 11,918 | 10,911 | 49,977 | 40,718 |
| Depreciation and amortisation | 1,060 | 705 | 645 | 3,202 | 2,524 |
| Other expenses | 8,887 | 7,673 | 8,061 | 30,112 | 27,155 |
| Total expenses | 59,436 | 56,799 | 51,727 | 2,26,488 | 1,93,481 |
| 3 Profit before tax and exceptional item (1-2) | 39,799 | 37,573 | 31,648 | 1,42,166 | 1,17,381 |
| 4 Exceptional item (refer note 12) | – | 1,592 | – | 1,592 | – |
| 5 Profit before tax (3-4) | 39,799 | 35,981 | 31,648 | 1,40,574 | 1,17,381 |
| 6 Tax expense | |||||
| Current tax | 8,852 | 7,843 | 5,516 | 30,807 | 24,920 |
| Deferred tax charge / (credit) | (118) | 19 | 1,608 | 218 | 1,250 |
| 8,734 | 7,862 | 7,124 | 31,025 | 26,170 | |
| 7 Profit after tax (5-6) | 31,065 | 28,119 | 24,524 | 1,09,549 | 91,211 |
| 8 Other comprehensive income | |||||
| (A) Items that will not be reclassified to profit or loss | |||||
| i) Remeasurements of the defined employee benefit plans | 79 | 560 | (94) | 639 | (94) |
| ii) Income tax relating to items that will not be reclassified to profit or loss | (20) | (141) | 24 | (161) | 24 |
| Subtotal (A) | 59 | 419 | (70) | 478 | (70) |
| (B) Items that will be reclassified to profit or loss | |||||
| i) The effective portion of gains and loss on hedging instruments in a cash flow hedge | 1,146 | (630) | (530) | (16) | (530) |
| ii) Income tax relating to items that will be reclassified to profit or loss | (288) | 158 | 133 | 4 | 133 |
| Subtotal (B) | 858 | (472) | (397) | (12) | (397) |
| Total other comprehensive income / (loss) (A + B) | 917 | (53) | (467) | 466 | (467) |
| 9 Total comprehensive income | 31,982 | 28,066 | 24,057 | 1,10,015 | 90,744 |
| 10 Paid-up Equity Share Capital | |||||
| 43,570 | 43,380 | 43,138 | 43,570 | 43,138 | |
| (Face value Rs. 10 per equity share) | |||||
| 11 Earnings per equity share (EPS) | |||||
| Basic earning per share (Rs.) * | 7.15 | 6.49 | 5.69 | 25.31 | 21.44 |
| Diluted earning per share (Rs.) * | 7.01 | 6.36 | 5.56 | 24.76 | 20.85 |
| Particulars | As at and for the quarter ended March 31, 2026 | As at and for the year ended March 31, 2026 |
|---|---|---|
| a. Debt Equity Ratio [(Debt securities + Borrowings (other than debt securities) + Deposits + Subordinated liabilities + Accrued Interest – Cash and Cash equivalents – liquid investment in mutual funds) / Shareholder Funds] | 2.40 | 2.40 |
| b. Outstanding redeemable preference shares (quantity and value) | Not Applicable | Not Applicable |
| c. Capital Redemption Reserve and Debenture Redemption Reserve | 531 | 531 |
| d. Net Worth | 7,53,454 | 7,53,454 |
| e. Net profit after tax | 31,065 | 1,09,549 |
| f. EPS | ||
| – Basic (Rs.) | 7.15 | 25.31 |
| – Diluted (Rs.) | 7.01 | 24.76 |
| g. Total Debts to Total Assets (%) | 68.99% | 68.99% |
| h. Net profit Margin (%) (Net profit after tax / Total Income) | 31.30% | 29.72% |
| i. Sector specific equivalent ratios, as applicable | ||
| – GNPA (%) [Stage 3 gross loans / Total gross loans] | 1.09% | 1.09% |
| – NNPPA (%) [(Stage 3 gross loans – Impairment allowance on Stage 3) / (Total gross loans – Impairment allowance on Stage 3)] | 0.71% | 0.71% |
| – Provision Coverage Ratio (%) [Impairment allowance on Stage 3 / Stage 3 gross loans] | 35.68% | 35.68% |
| – Capital Adequacy Ratio (CRAR) (%) | 42.49% | 42.49% |
| – Liquidity Coverage Ratio (LCR) (%) (average of last 90 days) | 267.02% | 267.02% |
| j. Material Deviation if any in the use of proceeds of issue of debt securities from the objects stated in the offer document | Nil | Nil |
| k. Asset Cover Ratio against secured debt securities (No. of Times) | 1.10 | 1.10 |
| Particulars | For the year ended March 31, 2026 |
|---|---|
| Entity | NBFC (Housing Finance Company) |
| Count of Loan Accounts Assigned | 16,145 |
| Amount of Loan Accounts Assigned (Rs in lakhs) | 1,58,048 |
| Weighted average maturity (in Months) | 153 |
| Weighted average holding period (in Months) | 16 |
| Retention of beneficial economic interest (MRR) | 10% |
| Coverage of Assigned security | 100% |
| Particulars | For the year ended March 31, 2026 |
|---|---|
| Entity | NBFC (Housing Finance Company) |
| Count of Loan Accounts Assigned | 1,286 |
| Amount of loan Accounts Assigned (Rs in lakhs) | 15,464 |
| Weighted average maturity (in Months) | 213 |
| Weighted average holding period (in Months) | 3 |
| Retention of beneficial economic interest (MRR) | 20% |
| Coverage of tangible security | 100% |
| Particulars | For the year ended March 31, 2026 (Audited) | For the year ended March 31, 2025 (Audited) |
|---|---|---|
| A. Cash flow from operating activities | ||
| Net profit before tax | 1,40,574 | 1,17,381 |
| Depreciation and amortisation expense | 3,202 | 2,524 |
| Loss on sale of fixed assets (Net) | 62 | 27 |
| Interest income on loans and investments | (3,24,390) | (2,71,899) |
| Interest expenses | 1,36,439 | 1,17,377 |
| Impairment on financial instruments | 6,758 | 5,707 |
| Profit on sale of investment in mutual fund and other investments | (1,669) | (2,196) |
| Provision for Employee share based payments | 2,065 | 1,102 |
| Operating profit before working capital changes | (36,959) | (29,977) |
| Increase / (Decrease) in trade payables, other financial and non-financial liabilities and provisions | 52,434 | (20,227) |
| Increase in trade receivables | (174) | (575) |
| Increase in other financial and non-financial assets | (7,017) | (8,246) |
| Cash generated from operations during the year | 8,284 | (59,025) |
| Tax paid (Net of refund) | (30,808) | (25,001) |
| Net cash flow generated from operations before movement in housing and other loans | (22,524) | (84,026) |
| Housing and other property loans disbursed | (9,55,568) | (8,19,213) |
| Proceeds from assignment and co-lending of portfolio | 1,73,512 | 1,72,526 |
| Housing and other property loans repayments received | 3,44,984 | 2,84,482 |
| Interest received on loans | 3,08,732 | 2,58,565 |
| Interest paid on borrowings and debt | (1,30,108) | (1,14,941) |
| Net cash used in operating activities [A] | (2,80,972) | (3,02,607) |
| B. Cash flow from investing activities | ||
| Proceeds received on sale / redemption of investments | 6,38,929 | 6,30,496 |
| Payment towards purchase of investments | (6,49,264) | (6,34,469) |
| Investment in fixed deposits (net of maturities) | 32,428 | 8,589 |
| Payment towards purchase of property, plant and equipment and other intangible assets | (1,875) | (1,480) |
| Proceeds received on sale of property, plant and equipment and other intangible assets | 9 | 21 |
| Interest received on investments | 10,810 | 12,788 |
| Net cash generated from investing activities [B] | 31,037 | 15,945 |
| C. Cash flow from financing activities | ||
| Proceeds from issue of equity shares | 4,658 | 1,03,607 |
| Share issue expenses / expenses towards offer for sale of shares (net off recoveries from selling shareholder) | (98) | (374) |
| Proceeds from loans from banks/institutions | 4,74,787 | 3,49,902 |
| Proceeds from loans from National Housing Bank | 1,30,400 | 1,10,000 |
| Proceeds from Commercial Papers | 47,893 | 24,884 |
| Proceeds from Non-convertible debentures | 40,000 | 1,05,180 |
| Repayment of loans to banks/institutions | (2,98,827) | (1,98,561) |
| Repayment of loans to National Housing Bank | (95,645) | (88,868) |
| Repayment of Commercial Papers | (30,000) | (25,000) |
| Repayment of Non-convertible debentures | (37,195) | (40,100) |
| Repayment of deposits | (19) | (110) |
| Payment of lease liabilities | (1,565) | (1,123) |
| Payment of interest on lease liabilities | (837) | (514) |
| Net cash generated from financing activities [C] | 2,33,552 | 3,38,923 |
| Net (decrease) / increase in cash and cash equivalents [A+B+C] | (16,383) | 52,261 |
| Cash and cash equivalents at the beginning of the year | 87,682 | 35,421 |
| Cash and cash equivalents at the end of the year | 71,299 | 87,682 |
| Description | For the year ended March 31, 2026 | For the year ended March 31, 2025 |
|---|---|---|
| Cash on hand | 867 | 510 |
| Balances with banks in current accounts | 7,780 | 9,514 |
| Balances with banks in deposits accounts with original maturity of less than 3 months | 62,652 | 77,658 |
| Total | 71,299 | 87,682 |
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| Assets | ||
| 1. Financial assets | ||
| a) Cash and cash equivalents | 71,299 | 87,682 |
| b) Bank balances other than cash and cash equivalents | 50,005 | 84,501 |
| c) Derivative financial instruments | 6,994 | – |
| d) Receivables | 2,702 | 2,528 |
| e) Housing and other loans | 24,83,959 | 20,48,410 |
| f) Investments | 63,109 | 50,885 |
| g) Other financial assets | 41,653 | 34,749 |
| Total Financial assets | 27,19,721 | 23,08,755 |
| 2. Non-financial assets | ||
| a) Current tax assets (net) | 1,106 | 1,105 |
| b) Property, plant and equipment | 3,469 | 3,151 |
| c) Right of use assets | 10,127 | 5,781 |
| d) Other intangible assets | 156 | 255 |
| e) Other non-financial assets | 4,411 | 2,580 |
| Total Non-financial assets | 19,269 | 12,872 |
| Total assets | 27,38,990 | 23,21,627 |
| Liabilities and equity | ||
| Liabilities | ||
| 1. Financial liabilities | ||
| a) Derivative financial instruments | – | 1,467 |
| b) Trade payables | ||
| – Total outstanding dues to micro enterprises and small enterprises | 89 | 17 |
| – Total outstanding dues of creditors other than micro enterprises and small enterprises | 12,272 | 12,570 |
| c) Debt securities | 3,61,917 | 3,38,882 |
| d) Borrowings (other than debt securities) | 15,06,423 | 12,87,329 |
| e) Deposits | 46 | 54 |
| f) Subordinated liabilities | 5,992 | 5,977 |
| g) Other financial liabilities | 89,559 | 32,930 |
| Total Financial liabilities | 19,76,298 | 16,79,226 |
| 2. Non-financial liabilities | ||
| a) Provisions | 4,483 | 2,983 |
| b) Deferred tax liabilities (net) | 563 | 213 |
| c) Other non-financial liabilities | 4,186 | 2,409 |
| Total Non-financial liabilities | 9,232 | **5, |