Aptus Value Housing Finance India Limited (APTUS) Q1 Results FY27 Preview: Date, Time, Expectations & Key Things To Watch

CompoundingAI Research Updated July 26, 2026 3 min read

Aptus Value Housing Finance faces a critical quarter as it balances its focus on the self-employed, low-income segment against a broader housing market that saw a 6% YoY decline in metro sales during the April–June period. Investors will be watching for signs of margin expansion from the lagged transmission of previous rate cuts and whether the company can maintain its asset quality amid persistent competitive pressure.

Quick Details

Results date	July 31, 2026
Quarter	Q1 FY 2026-2027
Previous quarter revenue	Rs. 593.1 Cr
Previous quarter PAT	Rs. 260.9 Cr
Market cap	Rs. 13,879.47 Cr
CMP	Rs. 277.15

Aptus Value Housing Finance India Limited Q1 Results Date and Time

The company has scheduled a board meeting for July 31, 2026, to consider and approve the audited financial results for the quarter ended June 30, 2026.

What to expect from Aptus Value Housing Finance India Limited's Q1 FY27 results

Aptus enters Q1 FY27 with a stable repo rate of 5.25% throughout the quarter, likely providing a slight tailwind to borrowing costs due to the lagged transmission of the December 2025 rate cut. While metro housing sales fell 6% YoY in the April–June 2026 period, the company's focus on semi-urban, self-employed households may support disbursement growth in the low-to-mid teens. NIM is expected to remain stable or slightly expand as finance costs continue to grow slower than revenue, building on the trend seen in Q4 FY26. Asset quality remains a primary focus, with GNPA at 1.29% in Q4 FY26, though credit costs may stay above the 45-50 bps guidance range given the macro environment. Operating expenses are expected to track revenue growth closely, likely keeping the cost-to-income ratio at elevated levels near 24%.

Key Things To Watch

Cost of Funds and NIM Trajectory: Monitoring the impact of the repo rate environment on borrowing costs.

Repo rate held steady at 5.25% throughout Q1 FY27
10-year G-Sec yield peaked at approximately 7.13% in May 2026 before rallying 25 bps in June
Lagged transmission of the December 2025 25 bps repo cut expected to provide modest funding tailwinds

Asset Quality and Credit Costs: Evaluating the resilience of the low-income borrower base.

GNPA stood at 1.29% as of Q4 FY26
FY26 credit cost of 54.5 bps exceeded the 45-50 bps guidance range
Impairment charges increased to Rs. 61.5 Cr in the previous quarter

Operating Leverage: Tracking the impact of branch expansion on profitability.

Cost-to-income ratio deteriorated by 240 bps to 24.05% in FY26
Operating expenses grew 27.3% YoY in FY26, outpacing revenue growth of 24.9%

Frequently Asked Questions

How did Aptus's cost-to-income ratio change in the last fiscal year?

The cost-to-income ratio deteriorated by 240 bps to 24.05% in FY26. This was driven by operating expenses growing 27.3% YoY, which outpaced the company's 24.9% revenue growth.

What is the status of Aptus's asset quality?

The company's standalone GNPA improved sequentially to 1.29% in Q4 FY26 from 1.56% in Q3 FY26. However, credit costs for FY26 reached 54.5 bps, exceeding the management-guided range of 45-50 bps.

How has the repo rate environment impacted Aptus's funding costs?

The repo rate remained unchanged at 5.25% throughout Q1 FY27, limiting incremental rate-cut benefits. However, management expects some tailwind from the lagged transmission of the 25 bps cut implemented in December 2025.