Analysts remain rapid on Aadhaar Housing Finance, with the company’s December quarter numbers to increase some target prices that came to suit their estimates. The company continues to maintain its leadership status between AUM with affordable housing finance companies (AHFCs) 240 billion till December 2024.
Analysts note that the company’s portfolio is well diverse, with no state accounting for more than 14% of its AUM. It is one of the largest distribution networks, including more than 550 material branches (34 pairs in 9mfy25), which believe that they are the main promoters of its stable and durable AUM development.
He further stated that the company is on track to obtain its fy25E disbursement and AUM development guidance of 18-20% and 20–22% respectively, maintaining credit cost within the directed limit of 25-27 basis points.
Mango Q3Fy25 Pat Aya 2.4 billion, 18% year-on-year-year (YOY) and 5% quarterly-spectacle (QOQ), 27% YOY and 8% QOQ-run by strong NII development. However, due to the exemption given by the common, the low fee income increased by 20% yoy and 5% QOQ.
Following the company’s December quarter results, Japanese brokerage firm Nomura retains its ‘buy’ call on stock with target price 560 per share. Stock Brokerage’s favorite pick remains Affordable housing block Due to its geographically diverse loan book and strong profitability metrics.
Nomura has estimated the EPS CAGR of 21% during FY25-27F, with the average ROA/Roe 4.5%/17% in the same period. Similarly, global brokerage firm City has also maintained its ‘buy’ call on stock, which has a target price 565 per shareInvestec has set a target price 600 per share, with a ‘buy’ rating.
Domestic brokerage firm Kotac Institutional Equities said, “Aadhaar is one of the stable plays in the 20%+ compounding section, which is exposed to home loans, with the risks of minimum asset quality (roughly and informal ) The salaried section is in the section. “
Economical housing loans as a section are considered a safe asset class in the current environment, which is given uncertainty in other lending businesses at the lower end. Kotak revised its estimates below 0.5–1.7% to reflect the yield pressure and slightly higher operational expenses. However, it retained its ‘purchase’ rating and raised the target price marginally 560 per share in advance 550.
Stock price history
Common Housing Finance shares have been slipping for the last four months, with each passing session closed in the raid. After reaching an all -time high 516.65 per share in September, Stock has corrected up to 26% to date.
Nevertheless, it is still 22% above its IPO price 315. Company shares listed on Dalal Street in May 2024 329 per share, which was 4.6% higher than the price of their issue.
Rejuvenation, The views and recommendations given in this article are of individual analysts. They do not represent the ideas of mint. We recommend investors to investigate with certified experts before taking any investment decisions.
