Why Is Citigroup Bullish On Aadhar Housing With ₹650 Target?
Aadhar Housing Finance Ltd is one of India’s leading housing finance companies with a strong presence in affordable housing. By catering to borrowers with average ticket sizes below ₹15 lakh, it serves a large segment of the population often underserved by traditional banks. Recently, Citigroup reiterated its “Buy” rating on Aadhar Housing with a target price of ₹650, pointing to robust business momentum and favorable industry trends. Investors are keenly watching how the company will sustain its growth in the competitive housing finance market.
Strategic Growth Focus
The company expects 20–22% AUM growth over the medium term. Stable cost of borrowing and improved spreads further support profitability. With presence across multiple states, including West Bengal, Odisha, and Jharkhand, Aadhar Housing benefits from regional diversification while addressing unique challenges in emerging geographies.
Financial Performance And Valuation
These structural strengths give Citigroup confidence in Aadhar Housing’s long-term growth story. The price target of ₹650 reflects both earnings visibility and valuation comfort relative to peers in the affordable housing finance sector.
Risks And Challenges
Despite these challenges, Citigroup believes Aadhar Housing’s strong franchise, wide distribution network, and low-ticket loan focus will help it weather potential risks better than peers.
What Should Investors Do?
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Investor Takeaway
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SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.