What we do Aadhar Housing Finance Ltd provides affordable housing finance to low and middle-income segments in India, focusing on small ticket home loans across 22 states. |
Founded in 2,010 |
Market share One of India's largest low-income housing finance companies with ~₹288 billion AUM and a broad retail customer base. |
Problem solved Addresses the housing finance gap for economically weaker sections and underserved customers needing small-ticket mortgage loans. |
Top clients or who we serve Serves salaried, self-employed, and informal sector customers primarily in economically weaker and low-to-middle income groups (B2C). |
Key management Rishi Anand (MD & CEO) with 27 years financial services experience; Board includes seasoned professionals with strong governance expertise. |
Our journey and innovations Founded in 2010; merged with DHFL Vysya in 2017; acquired by Blackstone in 2019; IPO in 2024; implemented digital platforms and green housing initiatives. |
Where we operate Operates in 22 Indian states and union territories with 621 branches covering 552 districts; expanding presence in tier 4 and 5 towns. |
Top products or what we offer Mortgage loans for residential purchase, construction, home improvement, commercial properties, and loans against property (LAP) with small ticket sizes. |
Top brands Aadhar Housing Finance is the flagship brand recognized for affordable housing loans with over 324k live accounts and wide geographic reach. |
Raw materials needed Not applicable as a financial services company. |
Raw materials supplier Not applicable as a financial services company. |
Recurring vs cyclical contribution Revenue is mostly recurring through interest income on housing loan portfolios; low cyclicality due to focus on stable retail segments. |
Our industry position Strong market positioning with AA+/AA ratings, diversified retail loan book, and consistent profitability with expanding asset base. |
Financial highlights 9M FY26 revenue ₹2,694 crore, PAT ₹797 crore; AUM ₹2,879 crore (~₹288 billion); CRAR ~45%; GNPA around 1.4%; robust growth and stable margins. |
Geographical revenue split Revenue primarily sourced from 22 states across India with no single state exceeding 15% share, ensuring geographic diversification. |
Order book Strong disbursement pipeline with ₹646.91 crore disbursed in 9M FY26, supported by growing branch network and diversified funding. |
Whats driving growth Growth driven by affordable housing demand, digital transformation, diversified funding, PMAY subsidies, and expanded rural footprint. |
Our future plans Focus on scaling operations via tech-enabled processes, green housing finance, expanding branch network, and broadening product offerings. |
Our green promise Partnered with IFC for green housing projects; certified over 70 green building projects in FY2024-25 supporting sustainable housing. |
Our people and values Over 4,500 employees fostering inclusive culture, extensive training programs, and recognizing performance through rewards and wellness initiatives. |
Key challenges ahead Managing credit risks amid economic changes, sustaining asset quality, evolving regulatory environment, and competition for affordable housing finance. |
Interesting facts Raised ₹3,000 crore via IPO in 2024 with 26x oversubscription; strong backing by Blackstone; pioneered affordable green housing finance in India. |
Risks and strategy Mitigates credit, operational, liquidity and compliance risks through robust governance, technology adoption, diversified funding, and prudent risk policies. |
