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.