Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

04 Jun 2026 CW Team

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion.

The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.08 per cent and that the capital adequacy ratio was 42 per cent at the end of March 2026.

The firm reported a pan-India presence with 626 branches in 552 districts across 22 states and Union Territories, serving about 0.34 mn live accounts, and it intends to add 40-45 new branches this year. Management described its geographical diversification as a risk mitigation strategy that prevents any single state from contributing disproportionately to the book.

Leadership emphasised that the affordable housing segment benefits from favourable demographics, rising formalisation and continued policy support such as the Pradhan Mantri Awas Yojana, and that technology and productivity improvements at branches remain key enablers. The company said it expects to maintain a net profit run rate of 20-22 per cent while pursuing sustainable growth.

The approach of combining branch expansion with productivity improvement and technological adoption was characterised as central to sustaining the projected loan growth, and management signalled continued focus on maintaining less than 15 per cent exposure in any state across AUM, disbursement and distribution. The firm framed its medium-term targets as achievable given current run rates and structural drivers in the affordable housing market.

Infrastructure Transport

06 Aug 2026

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..