Aavas Financiers Ltd

Operating expenses rose by 19.1% YoY to Rs 169.30 crore in the fourth quarter. Interest costs added up to Rs 267.32 crore (up 20% YoY) in the quarter ended on 31 March 2025. Impairment on financial instruments aggregated to Rs 7.64 crore in Q4 FY25, up 77% YoY. Profit before tax in Q4 FY25 stood at Rs 193.22 crore, up by 8.9% from Rs 177.49 crore in Q4 FY24. For the financial year ended 31 March 2025, AAVAS Financiers' profit after tax increased by 17% to Rs 574.11 crore from Rs 490.69 crore in FY24. Total income increased by 16.7% YoY to Rs 2,358.42 crore in FY25. Disbursements during Q4 FY25 grew by 27% QoQ to Rs 2,020 crore whereas in FY25, disbursement grew by 10% YoY to Rs 6,123 crore. Assets under Management (AuM) of the company has crossed milestone of Rs 20,000 crore this year. In FY25, AUM grew by 18% YoY at Rs. 20,420 crore. Opex to assets ratio saw considerable improvement of 26 basis points YoY in FY25 at 3.32% as a result of the company's cost optimisation strategy. The company's spread during the quarter moderated by 5 basis points sequentially to 4.89% on account of softening of AUM yield by 5 basis points to 13.13% while the cost of borrowings remained unchanged at 8.24%. Net interest margin (NIM) in absolute terms has increased by 14% YoY in Q4 FY25 and 10% YoY in FY25. NIM as a percentage of total assets during Q4 FY25 stood at 8.11%, and at 7.64% during FY25. 'Our asset quality continues to be pristine, within the guided range with 1 day past due well below 5% at 3.39% in Q4 FY25 and Gross Stage 3 10% is from debt capital market (of which 83% is from development finance institutions like IFC, CDC & ADB). The company's net worth grew by 16% YoY to Rs. 4,361 crore as on 31 March 2025. ROA was stable at 3.27% and ROE improved by 18 basis points YoY to 14.12% in FY25. The total number of branches stands at 397 as on 31 March 2025, with 30 additions in FY25. Sachinder Bhinder, managing director & chief executive officer, said: 'At Aavas, our steadfast commitment remains focused on empowering unserved, underserved, and underbanked customers in Tier 2 to Tier 4 markets by providing customized financial solutions that cater to their unique aspirations. Following the successful completion of the technological transformation during the year, we have already begun to observe tangible benefits. As of March 2025, the TAT from login to sanction has been reduced to just 7 days, a substantial improvement from the previous peak of 13 days. Additionally, the initiative has resulted in significant cost and time savings, contributing to enhanced productivity and operational efficiency across the organization. The launch of the PMAY 2.0 scheme, including the interest subsidy scheme for urban housing, will be pivotal in improving loan accessibility for economically weaker sections and low-income groups, empowering countless individuals to realize their dreams of homeownership. It aligns with Aavas's mission and vision, enhancing our dedication to delivering innovative housing solutions for underserved communities. Aavas Financiers is a retail, affordable housing finance company, primarily serving low- and middle-income self-employed customers in semi-urban and rural areas in India. The company's product offering consists of home loans for the purchase or construction of residential properties, and for the extension and repair of existing housing units, loan against property and MSME loans. The scrip declined 3.53% to currently trade at Rs 2022.25 on the BSE. Powered by Capital Market - Live

Net profit of AAVAS Financiers rose 7.75% to Rs 153.68 crore in the quarter ended March 2025 as against Rs 142.62 crore during the previous quarter ended March 2024. Sales rose 16.52% to Rs 636.21 crore in the quarter ended March 2025 as against Rs 546.02 crore during the previous quarter ended March 2024. For the full year,net profit rose 17.00% to Rs 574.11 crore in the year ended March 2025 as against Rs 490.69 crore during the previous year ended March 2024. Sales rose 16.70% to Rs 2354.51 crore in the year ended March 2025 as against Rs 2017.50 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales636.21546.02 17 2354.512017.50 17 OPM %73.3274.61 -75.2973.49 - PBDT203.02186.60 9 769.04657.11 17 PBT193.23177.50 9 732.59624.45 17 NP153.68142.62 8 574.11490.69 17 Powered by Capital Market - Live

AAVAS Financiers will hold a meeting of the Board of Directors of the Company on 24 April 2025.Powered by Capital Market - Live

AAVAS Financiers has approved the issuance of up to 20,000 Senior, Secured, Rated, Listed, Transferable, Redeemable Non-Convertible Debentures having face value of Rs 1 lakh each aggregating to Rs 200 crore on private placement basis. Powered by Capital Market - Live

AAVAS Financiers announced that CRISIL ESG Ratings & Analytics (CRISIL), a SEBI registered ESG Rating Provider has assigned an Environmental, Social, and Governance (ESG) rating of 'Crisil ESG 63' (Strong) to the Company.Powered by Capital Market - Live

 AAVAS Financiers has received reaffirmation in credit ratings at CARE AA; Stable/ CARE A1+ for debt facilities aggregating Rs 10,645.29 crore availed by the company. Powered by Capital Market - Live

Tata Teleservices (Maharashtra) Ltd, Doms Industries Ltd, Data Patterns (India) Ltd, Adani Energy Solutions Ltd are among the other stocks to see a surge in volumes on NSE today, 10 March 2025.AAVAS Financiers Ltd notched up volume of 45.13 lakh shares by 14:14 IST on NSE, a 22.79 fold spurt over two-week average daily volume of 1.98 lakh shares. The stock rose 5.75% to Rs.1,796.95. Volumes stood at 89545 shares in the last session.Tata Teleservices (Maharashtra) Ltd saw volume of 199.08 lakh shares by 14:14 IST on NSE, a 4.53 fold spurt over two-week average daily volume of 43.94 lakh shares. The stock increased 3.39% to Rs.62.79. Volumes stood at 36.59 lakh shares in the last session.Doms Industries Ltd recorded volume of 6.1 lakh shares by 14:14 IST on NSE, a 4.4 times surge over two-week average daily volume of 1.39 lakh shares. The stock gained 3.03% to Rs.2,792.00. Volumes stood at 1.36 lakh shares in the last session.Data Patterns (India) Ltd saw volume of 62.29 lakh shares by 14:14 IST on NSE, a 3.05 fold spurt over two-week average daily volume of 20.40 lakh shares. The stock increased 0.72% to Rs.1,640.05. Volumes stood at 115.16 lakh shares in the last session.Adani Energy Solutions Ltd witnessed volume of 58.29 lakh shares by 14:14 IST on NSE, a 2.27 times surge over two-week average daily volume of 25.69 lakh shares. The stock increased 2.33% to Rs.765.05. Volumes stood at 26.22 lakh shares in the last session.Powered by Capital Market - Live

IndusInd Bank Ltd, Phoenix Mills Ltd, Tata Teleservices (Maharashtra) Ltd, Galaxy Surfactants Ltd are among the other stocks to see a surge in volumes on BSE today, 10 March 2025.AAVAS Financiers Ltd saw volume of 73603 shares by 10:47 IST on BSE, a 13.01 fold spurt over two-week average daily volume of 5658 shares. The stock increased 6.81% to Rs.1,815.00. Volumes stood at 1872 shares in the last session.IndusInd Bank Ltd witnessed volume of 3.19 lakh shares by 10:47 IST on BSE, a 2.62 times surge over two-week average daily volume of 1.22 lakh shares. The stock dropped 2.99% to Rs.908.75. Volumes stood at 1.39 lakh shares in the last session.Phoenix Mills Ltd registered volume of 16628 shares by 10:47 IST on BSE, a 2.04 fold spurt over two-week average daily volume of 8160 shares. The stock rose 3.35% to Rs.1,611.10. Volumes stood at 5874 shares in the last session.Tata Teleservices (Maharashtra) Ltd notched up volume of 6.12 lakh shares by 10:47 IST on BSE, a 1.87 fold spurt over two-week average daily volume of 3.28 lakh shares. The stock rose 4.13% to Rs.63.32. Volumes stood at 5.17 lakh shares in the last session.Galaxy Surfactants Ltd registered volume of 1395 shares by 10:47 IST on BSE, a 1.77 fold spurt over two-week average daily volume of 787 shares. The stock slipped 4.15% to Rs.2,203.00. Volumes stood at 1510 shares in the last session.Powered by Capital Market - Live

AAVAS Financiers announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 28 March 2025.Powered by Capital Market - Live

AAVAS Financiers has allotted 375 equity shares under ESOS on 20 February 2025. The paid-up share capital of the Company has accordingly increased from Rs. 79,14,95,710 consisting of 7,91,49,571 equity shares having a face value of Rs.10/- each to Rs. 79,14,99,460 consisting of 7,91,49,946 equity shares having a face value of Rs.10/- each.Powered by Capital Market - Live