India's Aadhar Housing slips; margin pressure worries persist, analysts say

Aadhar Housing Finance

06/05/2026 05:56

** Shares of India's Aadhar Housing Finance AADA.NS fall 2.17% to 506.20 rupees

** Co posted 27% y/y rise in Q4 consolidated profit after tax to 3.11 billion rupees ($32.71 million)

** Citi ("buy"; TP: 650 rupees) says lower credit costs, one-time income supported earnings despite pressure from narrowing spreads and higher operating expenses

** Nomura ("buy"; TP: 615 rupees) says co maintained FY27 growth guidance, but flags spreads remaining critical in a volatile macro environment

** Brokerages caution pressure on lending margins could weigh on profitability ahead

** YTD, stock up 6.7%

($1 = 95.0750 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru)

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