APTUSVALUEHOUSINGFINANCE / Q4-FY26 / claim-ledger

Audit the questions that mattered.

Aptus Value Housing · 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 · 2026-05-06Back to quarter ↗

Questions audited

Answered directly

75%

Numeric claims

Consistency

—

Question ledger

What was answered, and how?

Sajir Mata · Yes Security

partial

What drove the revival in Tamil Nadu growth?

the year-on-year loan book growth is around 14%. we have made structural changes in employing correct people and retaining people... we are able to achieve this performance and going forward we are confident.

Sajir Mata · Yes Security

partial

What are incremental ticket sizes and lending rates?

every year we want to increase this by one lakh. This is partly driven by inflation and also it helps us onboard higher quality customers.

Sajir Mata · Yes Security

evasive

How many branches have connector networks and how to engage better?

every branch manager has been assigned the responsibility to recruit connectors... we launched this sometime in January and the traction is very good.

Konal Sha · City Group

direct

Why is collection efficiency lower than past Q4s? Any regional or profile issues?

there are small issues in collection which we are trying to sort out through strengthening the collection system... Karnataka is an area where the collection percentage is slightly lower.

Konal Sha · City Group

direct

Will off-balance sheet proportion increase further beyond 6-8%?

we did around 170 180 crores in this quarter and this absolute value will be maintained every quarter... we might not want to go beyond 10% of the total AUM at any point in time.

Konal Sha · City Group

direct

Is there any further re-pricing benefit left on funding cost?

incremental cost of funds in housing finance is around 7.8 or 7.9%. I'm not seeing any reduction from these rates in the coming quarters and there is a likelihood that it can result in slight increase as well.

Danish · ICIC Securities Limited

direct

How are disbursement yields trending after exiting sub-7 lakh tickets?

in Q4 the disbursement yield dropped by around 0.1%. in the coming year the likely impact on the disbursement yield is likely to be at around 0.15%.

Danish · ICIC Securities Limited

direct

What is sustainable ROE over next 2-3 years?

even if assuming that opex is likely to be at 2.7 and credit cost even if you are taking from 0.5 to 0.6%... ROE will be much above 20%.

Danish · ICIC Securities Limited

direct

Why did NHB borrowing share drop to 9% from 58%?

we didn't borrow from NHB because we were able to get better cost funds as compared to NHB... we have already filed an application for a 500 cr refinance facility from NHB.

May · Antique Stock Broking Limited

direct

How many of 60 new branches will be in new geographies?

30 branches will come in Maharashtra and the balance will come in... if everything goes well, maybe we might open one or two branches in the other state as well.

Pawan Kumar · Wise

partial

Is high competition in Tamil Nadu due to high penetration?

the market still a long way to go... demand is not the issue it's only because we are known to be leader in affordable housing space... any new competitor wants to look at our staff.

Pawan Kumar · Wise

partial

Will 22-24% AUM growth come mainly from ticket size increase?

there will be customer growth as given in the presentation... growth will come out of new states, new branches, channel comprising customer app and connector channel.