Aavas Financiers has released its provisional financial highlights for the quarter and year ended March 31, 2026. The company reported robust growth, with Assets Under Management (AUM) reaching INR 235 billion, marking a 15% year-on-year increase. Furthermore, the firm achieved improved asset quality, upgraded credit ratings, and successful capital market activities, reflecting a strong liquidity position as it concluded the fiscal year with 435 total branches across its operational footprint.
Fiscal Year 2026 Financial Milestones
Aavas Financiers concluded the fiscal year 2026 with significant operational and financial momentum. As of March 31, 2026, the company’s Assets Under Management (AUM) stood at approximately INR 235 billion, representing a solid 15% growth compared to the previous year. During the final quarter (Q4FY26), the company recorded disbursements of INR 23.5 billion, reflecting a 16% year-on-year and 36% quarter-on-quarter increase.
Asset Quality and Operational Expansion
The company demonstrated improved asset quality metrics as of March 31, 2026. The 1+ DPD (Days Past Due) metric improved by 63 bps quarter-on-quarter to ~3.17%, while the Gross Stage 3 assets improved by 12 bps quarter-on-quarter to ~1.07%. On the operational front, Aavas expanded its physical presence significantly by adding 38 new branches during the fiscal year, bringing the total branch network to 435.
Credit Rating and Liquidity
Reflecting its stable financial health, Aavas received a positive outlook upgrade from both CARE and ICRA, moving from Stable to Positive while maintaining an AA rating. The company also strengthened its capital structure in Q4FY26 by securing INR 20.6 billion in incremental borrowings and successfully placing INR 5 billion in ICRA AAA (SO) rated PTCs. The company closed the period with a robust liquidity position of approximately INR 31.9 billion.
Source: BSE
