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APTUS - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.9

Last Updated Time : 03 Feb 26, 06:34 pm

Fundamental Rating: 3.9

Stock Code APTUS Market Cap 14,118 Cr. Current Price 282 ₹ High / Low 365 ₹
Stock P/E 21.2 Book Value 80.5 ₹ Dividend Yield 1.67 % ROCE 14.3 %
ROE 16.0 % Face Value 2.00 ₹ DMA 50 280 ₹ DMA 200 303 ₹
Chg in FII Hold -2.17 % Chg in DII Hold 1.42 % PAT Qtr 202 Cr. PAT Prev Qtr 155 Cr.
RSI 43.3 MACD -3.74 Volume 10,50,960 Avg Vol 1Wk 6,31,731
Low price 257 ₹ High price 365 ₹ PEG Ratio 0.91 Debt to equity 1.23
52w Index 23.0 % Qtr Profit Var 47.6 % EPS 13.4 ₹ Industry PE 16.4

📊 Financials: APTUS shows moderate fundamentals with ROCE at 14.3% and ROE at 16.0%, reflecting decent capital efficiency. Quarterly PAT improved from ₹155 Cr. to ₹202 Cr., showing strong earnings growth. Debt-to-equity at 1.23 indicates high leverage, typical for housing finance companies but adds risk. EPS of ₹13.4 is modest relative to its market cap of ₹14,118 Cr.

💹 Valuation: The stock trades at a P/E of 21.2, above the industry average of 16.4, suggesting mild overvaluation. P/B ratio is ~3.50 (282/80.5), which is moderately expensive compared to peers. PEG ratio of 0.91 indicates valuations are fairly aligned with growth. Dividend yield of 1.67% provides decent income support for investors.

🏢 Business Model & Competitive Advantage: APTUS operates in housing finance, focusing on affordable housing loans. Its competitive advantage lies in niche targeting, strong presence in semi-urban and rural markets, and steady loan book growth. However, high leverage and sensitivity to interest rate cycles remain key risks.

📈 Entry Zone: Technicals show RSI at 43.3 (slightly oversold) and MACD negative, with price below DMA 200 but near DMA 50. Accumulation may be considered near ₹260–275 for long-term investors. Current valuations are reasonable, making this an attractive entry zone for patient investors.


Positive

  • Quarterly PAT growth from ₹155 Cr. to ₹202 Cr. (+47.6%).
  • DII holdings increased by 1.42%, showing domestic institutional support.
  • Dividend yield of 1.67% provides income stability.

Limitation

  • High debt-to-equity ratio (1.23) increases financial risk.
  • P/E ratio (21.2) above industry average (16.4).
  • ROCE (14.3%) and ROE (16.0%) are moderate compared to peers.

Company Negative News

  • FII holdings decreased by -2.17%, showing reduced foreign investor confidence.
  • Weak technical momentum with MACD negative.

Company Positive News

  • DII holdings increased (+1.42%), reflecting domestic institutional support.
  • Quarterly PAT growth highlights operational strength.
  • Strong trading volumes above average indicate investor interest.

Industry

  • Housing finance sector benefits from government push for affordable housing.
  • Industry P/E at 16.4 is lower than APTUS, showing sector-wide value opportunities.
  • Urbanization and rising middle-class demand support long-term growth.

Conclusion

🔎 APTUS is financially stable with strong earnings growth and decent dividend yield but faces high leverage and moderate return metrics. Entry near ₹260–275 may be considered for long-term investors. Conservative investors should monitor debt levels and interest rate trends before committing to long-term holding.

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