āagmanLoginNot investment advice. Data and computed figures, for information only.
Aadhar Housing Finance Ltd
₹452.05
+₹10.30 (+2.33%)
NSE · 15 Oct 2026, close
Market Cap
₹19,449 Cr
CMP
₹452.05
52-wk High / Low
₹563 / 427
P/E
16.9
P/B
2.6
Book Value
₹173.0
Div Yield
0.00%
ROCE
11.4%
ROE
16.0%
Face Value
₹10
D/E
2.49
Price−12.3% over 1Y
āagman read
Computed by āagmanPiotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹313
√(22.5 × EPS × book value per share)
Cash flow to profit
−2.56
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Sustainable growth
16.0%
ROE × earnings retention ratio
ROE stability
1.0
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.24FII −0.33DII +0.77
Latest quarter vs the previous one
Cash-accrual divergence
15.4%
of assets
Low = accruals track cash flow
Strengths
+PE of 16.9x is below the sector median of 20.4x
Watch-outs
−Price trades below its 200-day moving average (0.9x)
−Piotroski F-Score of 3/9 is in the weak band (≤3)
−Balance-sheet accruals of 15.4% of average assets — earnings are not cash-backed
Peer comparison
| Name | P/E | Mar Cap ₹ Cr | ROCE % | ROE % |
|---|
Quarterly results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 593 | 629 | 673 | 692 | 713 | 764 | 798 | 833 | 848 | 897 | 943 | 985 | 993 |
| Expenses | 166 | 132 | 156 | 166 | 173 | 180 | 187 | 197 | 207 | 208 | 214 | 240 | 248 |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 2 | −15 | 8 | 4 |
| Interest | 235 | 239 | 251 | 262 | 277 | 285 | 297 | 315 | 332 | 342 | 348 | 343 | 376 |
| Depreciation | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 11 | 9 |
| Profit before tax | 187 | 253 | 261 | 259 | 257 | 292 | 308 | 316 | 305 | 343 | 360 | 398 | 364 |
| Net Profit | 146 | 197 | 204 | 202 | 200 | 228 | 239 | 245 | 237 | 266 | 281 | 311 | 282 |
| EPS (₹) | 3.71 | 5.00 | 5.17 | 5.11 | 4.69 | 5.29 | 5.56 | 5.68 | 5.49 | 6.15 | 6.48 | 7.14 | 6.46 |
Profit & Loss
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,266 | 1,388 | 1,575 | 1,728 | 2,043 | 2,587 | 3,109 | 3,683 | 3,817 |
| Expenses | 276 | 350 | 316 | 387 | 507 | 619 | 736 | 868 | 910 |
| Operating Profit | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — |
| Other Income | −14 | −2 | 0 | 0 | −25 | 0 | 0 | −13 | 0 |
| Interest | 732 | 793 | 816 | 761 | 799 | 987 | 1,174 | 1,364 | 1,409 |
| Depreciation | 9 | 12 | 11 | 13 | 16 | 21 | 25 | 32 | 34 |
| Profit before tax | 235 | 231 | 433 | 567 | 696 | 960 | 1,173 | 1,406 | 1,464 |
| Net Profit | 162 | 189 | 340 | 445 | 545 | 750 | 912 | 1,096 | 1,141 |
| EPS (₹) | 64.37 | 47.99 | 8.62 | 11.27 | 13.80 | 18.99 | 21.14 | 25.15 | 26.23 |
Balance Sheet
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25 | 39 | 395 | 395 | 395 | 395 | 431 | 436 | — |
| Reserves | 834 | 2,308 | 2,298 | 2,752 | 3,303 | 4,055 | 5,941 | 7,105 | — |
| Other Liabilities | 426 | 376 | 563 | 554 | 766 | 683 | 529 | 1,114 | — |
| Total Liabilities | 9,480 | 12,366 | 13,630 | 14,376 | 16,618 | 19,093 | 23,224 | 27,399 | — |
| Fixed Assets | 42 | 44 | 53 | 55 | 63 | 80 | 92 | 138 | — |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Investments | 150 | 24 | 497 | 338 | 459 | 462 | 513 | 637 | — |
| Other Assets | 9,289 | 12,298 | 13,080 | 13,982 | 16,095 | 18,551 | 22,618 | 26,624 | — |
| Total Assets | 9,480 | 12,366 | 13,630 | 14,376 | 16,618 | 19,093 | 23,224 | 27,399 | — |
| Borrowing | 8,195 | 9,643 | 10,374 | 10,675 | 12,153 | 13,960 | 16,322 | 18,744 | — |
Cash Flows
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | −2,554 | −1,785 | −1,202 | −907 | −1,156 | −2,550 | −3,027 | −2,808 |
| Cash from Investing Activity | −49 | −1,495 | −480 | 823 | −477 | 723 | 160 | 309 |
| Cash from Financing Activity | 3,356 | 3,701 | 701 | 275 | 1,463 | 1,778 | 3,389 | 2,336 |
| Net Cash Flow | 754 | 422 | −981 | 191 | −169 | −49 | 522 | −164 |
Ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| ROCE % | — | — | — | — | — | — | — | 11.4 |
| ROE % | 20.0 | 12.0 | 14.0 | 15.0 | 16.0 | 18.0 | 17.0 | 16.0 |
| EPS (₹) | 64.37 | 47.99 | 8.62 | 11.27 | 13.80 | 18.99 | 21.14 | 25.15 |
| Book Value (₹) | — | — | — | — | — | — | — | 173.0 |
| Face Value (₹) | — | — | — | — | — | — | — | 10 |
| P/E | — | — | — | — | — | — | — | 16.9 |
| Div Yield % | — | — | — | — | — | — | — | 0.00 |
| NPM % | 12.9 | 13.6 | 21.6 | 25.8 | 27.0 | 29.0 | 29.3 | 29.9 |
| OPM % | — | — | — | — | — | — | — | — |
| D/E | 9.54 | 4.11 | 3.85 | 3.39 | 3.29 | 3.14 | 2.56 | 2.49 |
| P/B | — | — | — | — | — | — | — | 2.6 |
Growth
Compounded sales growth
5 years+19.0%
3 years+22.0%
TTM+18.0%
Compounded profit growth
5 years+27.0%
3 years+25.0%
TTM+22.0%
Stock price CAGR
Last year−14.0%
Return on equity
5 years17.0%
3 years17.0%
Last year16.0%
Documents
Announcements
Asset Liability Management (ALM) statementCompliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCDCompliances-Half Yearly Report (SEBI Circular No. CIR/IMD/DF-1/67/2017)Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Certificate from CEO/CFOCorporate actions
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman