Aadhar Housing Finance Ltd - 544176 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement regarding dispatch of the Notice of the 34th (Thirty Fourth) Annual General Meeting of the Company along with Annual Report for FY 2023-2024 and E-Voting facility information. Aadhar Housing Finance Ltd - 544176 - Shareholder Meeting - 34Th Annual General Meeting On September 14, 2024.
This is to inform you that the 34th Annual General Meeting ("AGM") of the Company will be held on Saturday, September 14, 2024 at 03:00 P.M. IST through Video Conferencing ("VC") or Other Audio-Visual Means ("OAVM") to transact the businesses as listed in the Notice of the AGM. Pursuant to Companies Act, 2013 and SEBI (LODR)Regulations, 2015 please find enclosed herewith the Notice Convening the 34th AGM and Annual Report for the FY 2023-24. Aadhar Housing Finance Ltd - 544176 - Reg. 34 (1) Annual Report.
This is to inform you that the 34th Annual General Meeting ("AGM") of the Company will be held on Saturday, September 14, 2024 at 03:00 P.M. IST through Video Conferencing ("VC") or Other Audio-Visual Means ("OAVM") to transact the businesses as listed in the Notice of the AGM. Pursuant to Companies Act, 2013 and SEBI (LODR) Regulations, 2015 please find enclosed herewith the Notice convening 34th AGM and Annual Report for the FY 2023-24. Aadhar Housing Finance Ltd - 544176 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication regarding the 34th Annual General Meeting of the Company. Aadhar Housing Finance Ltd - 544176 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript for the earnings call for the Quarter ended 30th June, 2024
Aadhar Housing Finance To Enter Rural Markets, Says CEO Rishi Anand
Praising the new avatar of PMAY, he pointed that changes made by the regulator have allowed for minimising the risk of delinquency by the customer. Aadhar Housing Finance To Focus On Deeper Impact In Existing Territories, Says CEO Rishi Anand
The housing financing major added Himachal Pradesh to its network in the first quarter, taking its presence to 21 states across the country. Aadhar Housing Finance Ltd - 544176 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to regulation 30 and 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, Please find enclosed herewith the copies of Newspaper clippings of Unaudited Standalone and Consolidated Financial Results of the Company for Quarter ended June 30th, 2024, published in Business Standard (English), Vishwavani (Regional Language- Bangalore edition) and Navshakti(Regional Language- Mumbai edition on August 9th, 2024. Aadhar Housing Finance Ltd - 544176 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
The audio recording of earning conference call for quarter ended 30 th June, 2024 has been made available on the website of the Company Q1FY25 Quarterly Result Announced for Aadhar Housing Finance Ltd.
Housing Finance company Aadhar Housing Finance announced Q1FY25 results: Assets under management (AUM) grew by 21% to Rs 21,726 crore as of 30 June 2024 from Rs 17,947 crore as of 30 June 2023. Total number of loan accounts as of 30 June 2024 reached 2,74,000+ Profit after tax increased by 37% in Q1 FY25 to Rs 200 crore from Rs 146 crore in Q1FY24 Net worth Rs 5,633 crore as of 30 June 2024 is inclusive of IPO proceeds from primary infusion Rs 1,000 crore (Gross) Return on assets (ROA) Q1FY25 stood at 4.1%, as against 3.5% as on Q1FY24. Return on equity (ROE) Q1FY25 stood at 15.9%(See note above), as against 15.5% as on Q1FY24. Gross NPA as of 30 June 2024 stood at 1.31%, as against 1.46% as on 30 June 2023 - Improved by 15 Bps. Commenting on the Q1 FY25 performance, Rishi Anand, MD & CEO of Aadhar Housing Finance said: We ended this quarter on a high note by making significant growth in this dynamic market with a strong focus on making housing finance solutions accessible and affordable for EWS and LIG segment of society. With an AUM of INR 21,726 crore, marking a significant growth of 21 % YoY, we continue to be the largest low-income housing finance company in the country. Our Profit after tax has grown 37% YoY basis. The proposed budgetary announcements will provide further impetus to overall business growth as the suggestion to construct 3 crore additional housesin rural and urban areas and interest subsidy to borrowers will have long-term positive impact on the affordable housing sector. Our distribution network has been our core strength which differentiates us from others with a total 536 branches spread across 544 districts in 21 states. This quarter we have added 13 new branches and ventured into a new state, Himachal Pradesh. With the increasing no of touchpoints, we are now serving more than 274k+ live accounts in the country. However, to enhance our market penetration even further and to go deeper into low-income segment, we are planning to increase our reach with deeper impact strategy. Deeper Impact will help us reach out to Tier 4 and beyond to small talukas and small district headquarters. Result PDF