AAVAS Financiers' new CEO aims to reach a total assets under management (AUM) of INR 234.5 billion by FY26, aiming for a 15% year-over-year growth. The company's net interest margin increased by 29 basis points, while gross non-performing assets stood at 1.05%. Cost of funds saw a decrease of 62 basis points, with an emphasis on technology and branch expansion.
Aavas Financiers Limited
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ICICI Securities recommends investing in AAVAS Financiers, with a suggested price of ₹1440. The current stock price (May 6, 16:00) is already at this level.
AAVAS Financiers has approved their FY26 financials and planned a Rs. 9,000 crore Non-Convertible Debenture (NCD) issuance. Additionally, the chairperson has been reappointed, and lending rates have been reduced by 10 basis points starting from June 5, 2026.
Aavas Financiers is concentrating on enhancing yields while avoiding risky sectors, keeping their credit cost and customer location strategy consistent.
Aavas Financiers aims for a sustainable return on equity (ROE) in the high teen percentage range, as reported by their management. Additionally, they expect credit costs to stay under 25 basis points according to their recent conference call update.
Aavas Financiers plans to exceed a 20% growth in Assets Under Management (AUM), aiming for superior performance within the industry, according to their recent conference call update.
Aavas Financiers' Q4 profit jumped by 18.2% year-over-year to ₹182 crore, with a significant rise in Net Interest Income (NII) by 18.8%. Asset Under Management (AUM) expanded by 15% year-on-year to ₹235 billion. The stock price finished the day up 4.8% at ₹1,448 on NSE.
Aavas Financiers plans to reduce its operating expenses (OpEx) as a percentage of assets under management (AUM) to below 3%, aiming for a steady-state ratio of 2.75% once their balance sheet has doubled in size.
Aavas Financiers reported a 18% year-on-year increase in Q4 net profit, reaching ₹1.82 billion. The growth was fueled by an uptick in revenue, which rose to ₹7.15 billion from ₹6.36 billion compared to the same period last year.
ICRA confirms a top-tier AAA rating for AAVAS Financiers' Series A1 Pass Through Certificates (PTCs), following compliance verification by the trustee regarding home loan receivables.
Mutual fund investments have grown significantly in companies like Aavas Financiers, Mastek, Wakefit, and CE Info Systems during March 2026. These companies are witnessing growth in revenue, profitability, and expansion plans across various sectors and locations, suggesting a positive outlook for their future performance.
Aavas Financiers announces that current CEO Sachinderpalsingh Bhinder will step down in April 2026, with Manu Yeshpal Singh taking over as the new CEO.
Endurance Tech remains a Buy recommendation by Citi, yet the target price is revised down to Rs 2,900 due to demand concerns. The financial services firm Fortis Healthcare expects an EBITDA margin of 22-25% by FY26. Jefferies predicts a 74% growth potential for Aavas Financiers, setting a target price at Rs 1,875. However, Morgan Stanley expresses caution and prefers Aptus and Home First Finance over Aavas Financiers.
Morgan Stanley maintains a neutral stance towards Aavas Financiers, suggesting an anticipated price of INR 1,600. Investors may consider this as a potential indicator for their investment strategy.
Jefferies remains optimistic about Aavas Financiers, maintaining a 'Buy' rating with a price target of Rs 1,875. The asset under management (AUM) has increased by 15% year-over-year to reach Rs 235 billion. Notable growth was also seen in disbursements, which rose by 16% YoY, and GS-3 improved to 1.07%. A total of 31 branches were added during the fourth quarter, while the price-to-book ratio stands at 1.5x for FY27E.
AAVAS Financiers' assets under management (AUM) increased by 15% year-on-year, reaching INR 235 billion, with a notable 16% growth in Q4 disbursements. The company's delinquency rate and gross non-performing loans also improved significantly, resulting in a credit rating upgrade to AAA.