AADHARHOUSINGFINANCE / Q4-FY26 / claim-ledger

Audit the questions that mattered.

Aadhar Housing Finance · Analyst questions, management answers, and the quality of the response where the ledger is available.

Research layer active

ConCallIQ research layer

Signal, with the source still visible.

Use the controls below to narrow the view, then follow the evidence into the next layer of context.

PositiveQ4-FY26 · 2026-04-??Back to quarter ↗

Questions audited

Answered directly

100%

Numeric claims

Consistency

—

Question ledger

What was answered, and how?

Reanish · ICACI

direct

Impact of West Asia war on business and any calibration measures.

first line of defense is bounce rate...bounce rates have been stable for the last six quarters...most of our customers actually deal in essential commodities...we hardly have any exposure to NRI consumers.

Reanish · ICACI

direct

Industry growth, market share, and sustainability of 20%+ AUM growth.

low-income housing finance companies...we have been trending around 16 17%...current numbers we are at about 18% market share...we've been delivering AUM growth of upward of close to about 20 22%...next milestone in three years should be 50,000 crores

Kala · City Group

direct

Reason for slower LAP growth and whether it is seasonal.

this was deliberate and it was completely planned...when the tariff issue happened we cautioned our teams to be very careful...we are still incrementally doing about 23 24% loan against property

Kala · City Group

direct

Reason for high assignment income and any one-offs.

total DA for the whole year was in the range of 17 25 crores...spreads were better in the range of about 80 to 85 bips...some deals got pushed to quarter four...other income had one-offs of about 6 to 7 crores

Shria Shivani · Nomura

direct

Yield outlook after PLR cut and impact of LAP mix on yield.

February rate passed on 15 bps...interest rate cycle has stagnated for at least two three quarters...benefit of doing more NHL versus HL is almost 400 bps...74% of asset side is floating, 73% liability floating

Arun Anthony · JM Financial

direct

Reason for increase in 1+ TPD and strong disbursement growth states.

actually it has reduced by 80 bps...continuous effort...Maharashtra, Madhya Pradesh, Tamil Nadu, Delhi, Karnataka, Uttarakhand...cost of funds Q3 was 7.45 and Q4 was 7.54 due to bank borrowings

Pratil · Investor

direct

Reason for sequential increase in opex to AUM despite low branch addition.

quarter 4 phenomenon because we run various competitions and contests...cost to income ratio improved from 37.9 to 37.1 YoY...full year reduced from 36.4 to 35.9

Sha Chhatti · Ageless Capital Finance

direct

Granularity on 20% AUM growth by state and ticket size trends.

Uttar Pradesh will keep contributing the largest chunk...below five lakhs will be close to about 3%...real traction is between five lakhs to 25 lakhs...incremental average ticket size will be about 12 and a half lakhs

Sha Chhatti · Ageless Capital Finance

direct

Outlook on cost-to-income ratio and branch productivity.

dropped almost 150 160 bps over last two years...looking at another 50 bps probably next financial year...majority of branches turn productive within 9 to 15 months

Nash Tavate · Kota

direct

Movement in incremental ticket sizes over last four quarters.

13.6 was in quarter 3 FI26, 12.6 last quarter...prior to that was 13.8...lap contribution dropped in quarter 4, only about 24 21% of disbursements in lap

Rakkesh Kumar · Ventus Advisor

direct

Portion of non-banking funds repriced and extent of repricing.

NCDs 22% of borrowings, of which 32% floating, 68% fixed...banking funds 51% floating...NHB 22%, 50% floating...incremental cost of fund fell from 8.4 to 7.6