Are Aptus Value Housing Finance India Ltd latest results good or bad?

Aptus Value Housing Finance India Ltd's latest financial results for the quarter ending December 2025 highlight a mixed operational performance. The company reported a net profit of ₹236.19 crore, reflecting a quarter-on-quarter growth of 4.26%, which is an improvement compared to the previous quarter's growth of 3.33%. Additionally, interest earned reached ₹553.60 crore, marking a sequential increase of 1.76%, although this is a decrease from the 4.57% growth observed in the prior quarter. The company's profitability metrics also showed resilience, with a net profit margin of 42.66%, up from 41.64% in the previous quarter. However, the operating margin, excluding other income, contracted to 82.14% from 83.23%, indicating rising operational costs, particularly in employee expenses, which surged significantly. Aptus Value Housing continues to demonstrate strong capital efficiency, with a return on equity of 18.11%, well above its five-year average. The company has been able to maintain a focus on the low and middle-income housing segment, which remains a critical area of demand. Despite these positive operational trends, the stock has faced considerable pressure, underperforming relative to both the broader market and its housing finance sector peers over the past year. The significant reduction in promoter shareholding, from 52.98% to 23.87% over three quarters, raises questions about long-term commitment and may impact investor sentiment. Overall, while Aptus Value Housing's financial performance reflects strong fundamentals and operational execution, the stock's market performance has been challenging, leading to an adjustment in its evaluation. The upcoming quarters will be crucial in determining whether the company's solid operational metrics can translate into improved market sentiment and stock performance.