APTUS

Fundamental Analysis

Ltd is a retail-focused housing finance company catering primarily to self-employed, low and middle-income families in semi-urban and rural South India. It offers housing loans, business loans, quasi home loans, and insurance tie-ups, with a focus on first-time homebuyers using self-occupied property as collateral. As of FY25, it has an AUM of ₹10,865 crore, with 60% in home loans, and operates through 300 branches mainly in Andhra Pradesh, Tamil Nadu, Telangana, and Karnataka. The company handles all lending operations in-house to ensure control and efficiency, and has 20+ lender tie-ups. Its borrowing profile is dominated by banks (52%), followed by NCDs and NHB. Aptus aims to grow its AUM to ₹25,000 crore by FY28 through 25–30% annual growth and steady geographic expansion, including new branches in Maharashtra and Odisha.