Aptus Value Housing Finance India Q2 Results Live : Aptus Value Housing Finance India has announced its Q2 results on 05 November 2024, showcasing a robust performance with a topline increase of 26.32% year-on-year (YoY) and a profit surge of 22.94% YoY.
Compared to the previous quarter, the revenue grew by 6.7%, while profit saw a modest increase of 5.95%. This consistent growth indicates a positive trajectory for the company amidst a competitive market.
The Selling, General & Administrative (SG&A) expenses rose slightly by 0.36% quarter-on-quarter (q-o-q) and increased by 10.62% YoY, reflecting the company’s ongoing investments in operational efficiency.
Operating income also showed promising results, with a 5.64% q-o-q increase and a significant 27.54% YoY growth, highlighting the strength of Aptus Value’s core business operations.
Earnings per Share (EPS) for Q2 stood at ₹3.8, marking a 24.61% increase from the same period last year, further underscoring the company’s financial health.
Despite a slight -0.17% return over the last week, Aptus Value Housing Finance India has delivered a commendable 6.53% return over the past six months and a 7.63% year-to-date return, indicating a resilient stock performance.
As of 06 November 2024, the company boasts a market capitalization of ₹17,198.66 crore, with a 52-week high of ₹401.65 and a low of ₹279.15, reflecting its strong position in the market.
Among the 13 analysts covering the company, the consensus recommendation as of 06 November 2024 is to ‘Buy,’ with 7 analysts rating it as ‘Strong Buy,’ 3 as ‘Buy,’ 1 as ‘Hold,’ and 2 as ‘Sell,’ suggesting a generally optimistic outlook for investors.
Aptus Value Housing Finance India Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 421.39 | 394.94 | +6.7% | 333.58 | +26.32% |
| Selling/ General/ Admin Expenses Total | 43.53 | 43.37 | +0.36% | 39.35 | +10.62% |
| Depreciation/ Amortization | 2.84 | 2.6 | +9.08% | 2.63 | +7.84% |
| Total Operating Expense | 70.87 | 63.14 | +12.25% | 58.76 | +20.62% |
| Operating Income | 350.52 | 331.8 | +5.64% | 274.82 | +27.54% |
| Net Income Before Taxes | 236.73 | 221.62 | +6.82% | 189.56 | +24.88% |
| Net Income | 181.97 | 171.75 | +5.95% | 148.02 | +22.94% |
| Diluted Normalized EPS | 3.8 | 3.48 | +9.22% | 3.05 | +24.61% |
