Aadhar Housing Finance Limited — Others, 04-07-2025: Shareholders meeting

Aadhar Housing Finance Limited focuses on affordable housing loans primarily for low-income individuals. It operates 580 branches across 21 states, covering over 299,000 live accounts with an average ticket size of ₹10.3 Lakhs. For FY 2024-25, AUM rose 21% YoY to ₹25,531 Cr with disbursements growing to ₹8,192 Cr. Profit after tax increased by 22% to ₹912 Cr, while ROA improved to 4.3%. The Gross NPA ratio stands at a low 1.05%, reflecting solid asset quality. Capital adequacy remains strong at 44.6%, well above regulatory requirements. The company also successfully raised ₹1,000 Cr via IPO and maintains diversified funding with 53% borrowings from banks, 23% NHB refinance, 21% NCDs, and 3% ECB. It has enhanced digital integration, shortening onboarding to 25-35 mins and achieving 97% NACH mandate success. Sustainability efforts include 70 green-certified housing projects and CSR spends of ₹10 Cr focused on healthcare, education, and environment. The company’s borrowing limit was recently approved for increase up to ₹30,000 Cr to support growth. The Board includes experienced independent directors and nominees from Blackstone, the promoter group holding 75.6%. Independent directors’ remuneration includes commission capped at 1% of net profits, with special approval for Chairperson O.P. Bhatt. M/s. Aashish K. Bhatt & Associates was appointed Secretarial Auditor for a 5-year term. Overall, Aadhar exhibits strong financial health, prudent risk management, and technology-driven scalable operations, positioning it well in the growing affordable housing finance sector.