Aadhar Housing Finance Ltd.
Banking · NSE
52-week range
₹411 – ₹548
From 52w high
-8.5%
RSI (14)
57.8
vs SMA 50 / 200
↑ 50 · ↑ 200
Aadhar Housing Finance (AADHARHFC) is an NSE-listed housing finance company with AUM up 20% year-on-year to approximately ₹30,571 crore as of the most recent quarter. The stock trades at ₹501.40, above both its 50-DMA (₹474.33) and 200-DMA (₹491.70), with a trailing PE of 20.30 and a forward PE of 13.47, reflecting the market pricing in continued earnings growth. Debt-to-equity of 255.35 and 0 FCF-positive years are characteristic of the housing finance model but represent elevated leverage and no balance-sheet cash cushion.
- ✓5-year revenue CAGR of 20% and earnings CAGR of 17.3% demonstrate sustained top- and bottom-line expansion, with FY26 AUM growth confirmed at 20% YoY and record disbursements reported in the most recent quarter
- ✓Profit margin of 48.02% is high in absolute terms, consistent with a focused housing finance model generating significant interest spread on the loan book
- ✓Price is 8.47% below the 52-week high with RSI at 57.75 (neutral zone), currently trading above both the 50-DMA and 200-DMA — no active technical deterioration is visible in the data
- ✓Forward PE of 13.47 represents a 34% compression versus the trailing PE of 20.30, implying the market is pricing in continued earnings growth broadly consistent with the reported AUM expansion trajectory
- ✗Debt-to-equity of 255.35 with a rising debt trend and 0 FCF-positive years recorded means the company operates entirely on externally raised capital; any tightening of funding markets or rising cost of borrowing would directly pressure net interest margins
- ✗ROE data is unavailable and roeYearsAbove15 is recorded as 1 of available years, leaving a material gap in assessing capital efficiency; consistency score of 42 and quality score of 50 are mid-range and below most large-cap financial peers
- ✗Sector classification places AADHARHFC alongside large private banks and diversified financial conglomerates — the peer group is not matched to housing finance peers, making all relative-valuation comparisons (PE ranking 3rd of 6, quality ranking 2nd of 6) directionally indicative at best
- ✗1-year price appreciation of 7.91% is modest relative to the 20% AUM growth headline; the gap may reflect market uncertainty about asset quality sustainability or funding costs rather than the loan-book size alone
- ·FY26 results showed AUM of ₹30,571 crore (up 20% YoY) with record disbursements and consolidated PAT of ₹3.11 billion for the March quarter, as reported across multiple sources in May 2026
- ·Nomura raised its price target from INR 540 to INR 615 while retaining its Buy rating — cited in a May 7, 2026 MarketScreener report; this is a named third-party analyst action and does not constitute a view from VivaTrades
- ·All 8 news items in the dataset are classified positive or neutral (5 positive, 3 neutral, 0 negative), with reporting centred on AUM growth, asset quality, and fund utilisation compliance
- ?How does AADHARHFC's cost of borrowing trend compare to its loan yield, and what does the net interest margin trajectory look like across the last 4-6 quarters?
- ?What proportion of the loan book is secured against sub-₹15 lakh ticket-size affordable housing, and how sensitive is asset quality to employment or income shocks in that borrower segment?
- ?Does the forward PE of 13.47 versus trailing PE of 20.30 reflect consensus earnings estimates that assume a continuation of the current 20% AUM growth, or does it embed a deceleration scenario?
- ?Given the rising debt trend and absence of FCF generation, what funding-mix levers (NHB refinance, NCDs, bank lines) does the company rely on, and how has the cost and tenor of each changed over the past two fiscal years?
PE
20.3
Forward PE
13.5
ROE
—
Profit margin
+48.0%
D/E
255.35
Dividend yield
—
Quality score
50/100
ROE 5y above 15%
1/5 yrs
FCF 5y positive
0/5 yrs
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 11 May 2026.