Aavas Financiers, Aptus Value Housing Finance - Looking At Strong Growth Ahead: Nirmal Bang

Aavas Financiers, Aptus Value Housing Finance - Looking At Strong Growth Ahead: Nirmal Bang

A residential building. (Source: pxhere)

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

We recently interacted with two housing finance companies, focused on affordable housing (Aavas Financiers Ltd. and Aptus Value Housing Finance India Ltd.).

We came away with a positive outlook on sustained multi-year growth going forward given the demand in tier-III and below cities.

Our interactions across the housing finance company industry indicate that takeover activity from banks has reduced. Key monitorables /commentary to watch out for in the near term would be:

  1. impact on demand from rising interest rates and

  2. inflation (impacting cost of construction).

From a long-term perspective, we remain positive on the affordable housing finance space.

Click on the attachment to read the full report:

Nirmal Bang Banking and Financial Services Sector Update-07 June 2022.pdf
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This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

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