Aavas Financiers has reported strong financial results for the quarter and year ended March 31, 2026. The company posted a net profit of ₹181.67 crore for the fourth quarter, reflecting a consistent growth trajectory. Key highlights include an authorized limit for debt issuance of ₹9,000 crore, leadership changes for the Board, and a 10 basis point reduction in its Prime Lending Rate effective from June 2026.
Financial Performance Highlights
For the quarter ended March 31, 2026, Aavas Financiers achieved a revenue from operations of ₹714.68 crore, contributing to a total annual revenue of ₹2,683.45 crore for the 2025-26 fiscal year. The company’s net profit for the same period stood at ₹654.88 crore, underscoring robust operational efficiency. The earnings per share (EPS) for the fiscal year reached ₹82.72, demonstrating value creation for shareholders.
Strategic Capital and Operational Updates
The Board of Directors has authorized the Executive Committee to raise up to ₹9,000 crore through the issuance of non-convertible debentures (NCDs) and other debt securities via private placement. This initiative is designed to bolster the company’s capital base to support future growth. Additionally, the company has announced a 10 basis point decrease in its Prime Lending Rate (PLR), which will take effect on June 5, 2026, aimed at passing on benefits to its customer base.
Leadership and Governance
The Board has confirmed the re-appointment of Mr. Sandeep Tandon as the Independent Director and Chairperson of the Board. His tenure is set to continue from the conclusion of the 16th Annual General Meeting through the conclusion of the 17th Annual General Meeting. This continuity in leadership is intended to maintain strategic stability and corporate governance standards as the firm pursues its expansion goals.
Commitment to Asset Quality
Aavas Financiers continues to maintain strong asset quality metrics. As of March 31, 2026, the Gross Non-Performing Assets (GNPA) stood at 1.05%, with a healthy provision coverage ratio of 66.91%. The company’s liquidity position remains solid, with a liquidity coverage ratio of 147.71% for the year, ensuring the company is well-positioned to meet its long-term financial obligations and continue its growth path in the housing finance sector.
Source: BSE
