External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Aptus Value Housing Finance India / Equity Bottom-Up

Aptus Value Housing Finance India (APTUS IN)

<ul>
<li>Multiple Growth Levers Strengthen Confidence in FY27 Guidance: Aptus’ management remains confident of achieving its FY27 AUM growth guidance of 22-24%, supported by broad-based growth momentum across geographies, branch additions in newer geographies and deepening presence in existing geographies, improving productivty of maturing branches, higher average ticket sizes (ATS), calibrated pricing actions on select buckets in the housing loan (HL) portfolio and improving traction from alternate sourcing channels (connectors).</li>
<li>Management indicated that Jul’26 disbursements remained healthy at ~25% YoY growth, reinforcing confidence that the strong momentum (25-30% YoY disbursement growth) is sustainable through FY27.</li>
<li>Over the medium term, Aptus is likely to deliver a strong 23% AUM CAGR growth led by geographic expansion, productivity improvements, digital initiatives and gradual product diversification (plans to expand NBFC offerings).</li>
</ul>
<p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>


Multiple Growth Levers Strengthen Confidence in FY27 Guidance: Aptus’ management remains confident of achieving its FY27 AUM growth guidance of 22-24%, supported by broad-based growth momentum across geographies, branch additions in newer geographies and deepening presence in existing geographies, improving productivty of maturing branches, higher average ticket sizes (ATS), calibrated pricing actions on select buckets in the housing loan (HL) portfolio and improving traction from alternate sourcing channels (connectors).
Management indicated that Jul’26 disbursements remained healthy at ~25% YoY growth, reinforcing confidence that the strong momentum (25-30% YoY disbursement growth) is sustainable through FY27.
Over the medium term, Aptus is likely to deliver a strong 23% AUM CAGR growth led by geographic expansion, productivity improvements, digital initiatives and gradual product diversification (plans to expand NBFC offerings).

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Aptus Value Housing Finance: Looking Through the Temporary AQ Weakness; Best-In-Class RoA Intact