Aptus Value Housing Finance India Limited

Incorporated in 2009, Aptus Value Housing Finance focuses predominantly on giving loans to low-and-middle-income self-employed individuals in rural and semi-urban areas. It offers loans for purchasing and self-construction of residences, home improvement and extension, loans against property and business loans.
Aptus has the largest network of branches in south India among its peers. As of March 2021, the company had 190 branches in 75 districts in Tamil Nadu, Andhra Pradesh, Telangana and Karnataka. It is one of the largest housing finance companies in south India in terms of asset under management (AUM). Its AUM has grown at a CAGR of 34.5% between FY19 and FY21. The lender has a strong return on asset ratio of 5.7%, which is the highest among its peers. Further, the company has not restructured or written off any loans since its inception. Between FY19 and FY21, its gross non-performing assets (NPAs) have marginally gone up from 0.40% to 0.68% of the overall loans book. In the same period, its net interest income and net profit have grown at a CAGR of 46.6% and 55.3%, respectively.