Aavas Financiers Limited has reported a strong performance for the quarter and financial year ended March 31, 2026. The company achieved an AUM of Rs 235 billion, representing a 15% YoY growth. Net profit rose to Rs 6.56 billion for the year, marking a 14% YoY increase. The company maintains a healthy capital base and has expanded its network to 435 branches across 15 states.
Fiscal Year Highlights
For the fiscal year ending March 31, 2026, Aavas Financiers demonstrated consistent growth and operational efficiency. The company’s Assets under Management (AUM) reached Rs 235 billion, a 15% increase compared to the previous year. Net Profit for the full year stood at Rs 6.56 billion, reflecting a robust 14% growth. These results underscore the company’s commitment to sustained, quality-led expansion in the affordable housing segment.
Operational Performance and Asset Quality
In the fourth quarter (January-March 2026), Aavas disbursed loans worth Rs 23.5 billion, achieving 36% sequential growth. The company’s asset quality remains highly resilient, with 1+ days past due (DPD) metrics improving to 3.17% as of March 2026. Furthermore, Gross Stage 3 assets improved to 1.05%. The cost-to-income ratio remained stable at 45.9%, reflecting continued operational discipline.
Strategic Milestones and Expansion
The company achieved significant milestones during FY26, including the transition to CVC Capital Partners as promoters and exceeding the Rs 400 billion mark in lifetime disbursements. Additionally, the company secured a major Rs 9.75 billion (USD 108 million) commitment from a multilateral financial institution, representing the largest NCD placement in its history. Network expansion continued at pace, with 31 new branches added during the quarter, bringing the total presence to 435 branches nationwide.
Source: BSE
