Aadhar Housing Finance Limited (AHFL) is a prominent player in the affordable housing finance sector, with its origins tracing back to 1990 as Vysya Bank Housing Finance Ltd. The company underwent significant restructuring, including a merger with Aadhar Housing Finance Pvt. Ltd. in 2017, and now operates under the AHFL name. With a robust capital structure, supported by Blackstone Group's majority stake of 76.48%, AHFL maintains a strong capital adequacy ratio of 44.08% as of March 2021, far exceeding regulatory requirements.
AHFL's business model focuses on retail mortgage financing, with home loans constituting 80% of its assets under management as of March 2021. The company has a broad geographic reach with 469 branches across 20 states and union territories, and it raised Rs 3000 Crore through an IPO in 2024 to further bolster its equity capital. With a diverse funding mix and improved borrowing costs, AHFL is well-positioned to capitalize on growth opportunities in the housing finance market.
