Search
+

Aptus Value Housing shares slump 10% after 8.8% equity stake likely sold in block deal

Synopsis

Aptus Value Housing shares are under the spotlight as Westridge Investments plans a Rs 1,495 crore block deal to sell a 9.8% stake. The company reported a 26% rise in Q4 net profit and strong growth in assets and disbursements. Analysts maintain a ‘Buy’ rating with an average target price of Rs 388, indicating 15% upside potential.

Aptus Value Housing shares in focus as Westridge plans Rs 1,495 crore block dealETMarkets.com
Profitability metrics remained strong for the company in Q4, with return on assets (RoA) at 7.85% and return on equity (RoE) rising to 19.66% from 17.25% a year ago.
Aptus Value Housing shares slumped 10% to their intraday low of Rs 305 on the BSE on Tuesday after the company’s 8.8% equity was likely sold in today’s session via a block deal.

As per previous reports by CNBC-TV18, private equity firm Westridge Investments had plans to divest a 9.8% stake in the company through a Rs 1,495 crore block deal,

The official details about the buyer and seller are not yet known.

According to the previous details, the floor price for the deal was set at Rs 305 per share.

Aptus Value Housing Finance India reported a 26% year-on-year rise in net profit for the March quarter, aided by strong disbursement growth and operational efficiency. Profit after tax stood at Rs 207 crore, up from Rs 164 crore in the same quarter last year.

Disbursements rose 10% YoY to Rs 1,064 crore, reflecting steady demand in its key markets. The company’s assets under management (AUM) grew 25% to Rs 10,865 crore as of March 31, 2025. It added 38 new branches during FY25, expanding its network to 300 branches.

Profitability metrics remained strong, with return on assets (RoA) at 7.85% and return on equity (RoE) rising to 19.66% from 17.25% a year ago. The operating expense ratio was stable at 2.69%, while spreads remained steady at 8.71%.

Also Read: Technical picks: HDFC Life, Pidilite Industries among 5 stocks that can rally up to 20% in short term

Asset quality held firm, with gross non-performing assets (NPA) rising slightly to 1.19% from 1.07% in Q4FY24. Net credit costs, including ECL provisions, were unchanged at 0.29%. The company maintained its conservative credit cost guidance of 40–45 basis points for the year ahead.

Aptus Value Housing share price target


According to Trendlyne, the average target price for Aptus Value Housing is Rs 388, implying a potential upside of nearly 15% from current levels. Of the 14 analysts tracking the stock, the consensus rating is ‘Buy’.

Also Read: India's top 10 priciest stocks in 2025: MRF to Elcid, see who tops the list

The stock is up 16% year-to-date and has gained 24% over the past two years. Aptus Value Housing currently has a market capitalisation of Rs 16,931 crore.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)


(You can now subscribe to our ETMarkets WhatsApp channel)

(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

...more