Business Standard
Aadhar Housing Finance, which caters to the low-income group segment, aims to grow its asset under management (AUM) to Rs 50,000 crore over the next three financial years, helped by an 18-20 per cent increase in loans. The housing finance firm, having a ticket size of less than Rs 15 lakh, closed FY26 with an AUM of Rs 30,571 crore. "We are anticipating 18-20 per cent loan growth, and with this run rate, we expect to cross the Rs 50,000 crore milestone by FY29," Aadhar Housing Finance MD and CEO Rishi Anand told PTI. The affordable housing segment continues to benefit from structural drivers, including favourable demographics, increasing formalisation, and continued policy support such as Pradhan Mantri Awas Yojana (PMAY), he said. When asked about the outlook for the bottom line, he said the company would maintain a net profit run rate of 20-22 per cent. The mortgage firm witnessed a 22 per cent rise in net profit to Rs 1,108 crore and gross NPA of 1.08 per cent as against 1.05 p
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