Synopsis:
WestBridge Capital, promoter of Aptus Value Housing Finance India is set to exit by selling its 16.46% stake in a Rs. 2,600 crore block deal.
A small-cap housing finance company, focused on meeting the home loan needs of self-employed, low- and middle-income families, is in the spotlight as its promoter is reportedly planning to sell its stake.
With a market capitalization of Rs. 16,752.36 crore, Aptus Value Housing Finance India Ltd is trading at Rs. 334.80, up by 0.80 percent from its previous close of Rs. 332.15 per equity share. The shares touched an intraday high of Rs. 345 in today’s trading session.
What’s the deal?
As per the sources, Westbridge Capital is set to exit Aptus Value Housing Finance India by selling 8.23 crore shares, representing a 16.46 percent equity stake, in a deal valued at around Rs. 2,600 crore. The sale is planned at a floor price of Rs. 316 per share.
Also Read: Bulk Deal: Stock in focus after SBI offloads 16.36 lakh shares worth ₹16 Cr in the Co.
About the company
Aptus Value Housing Finance India Ltd is a home loan company focused on serving self-employed, low- and middle-income families, mainly in semi-urban and rural areas, targeting first-time home buyers using self-occupied residential property as collateral. It offers housing loans, loans against property (LAP) for construction or purchase, and credit shield insurance.
Through its subsidiary, Aptus Finance India Private Limited, a non-banking finance company, it also provides non-housing finance services. The company’s core business addresses long-term housing finance needs while supporting refinancing and providing insurance protection for its customers.
It is trading at a price-to-earnings (P/E) ratio of 20.9x, which is lower than the industry average of 20x. A return on equity (ROE) of about 18.6 percent and a return on capital employed (ROCE) of about 15 percent demonstrate the company’s financial position.
The company reported Q1FY26 revenue of Rs. 520 crore, up 31.6 percent YoY from Rs. 395 crore and 7.4 percent QoQ from Rs. 484 crore, while profit stood at Rs. 219 crore, growing 27.3 percent YoY from Rs. 172 crore and 5.8 percent QoQ from Rs. 207 crore, reflecting strong sequential and annual growth in both topline and bottomline performance.
Written by Akshay Sanghavi
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