AAVAS Financiers Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Aavas Financiers reported Q1FY27 disbursements of Rs.16.1 billion, up 41% Y-o-Y, with AUM growing 15.4% Y-o-Y to Rs.239.3 billion. Net profit rose 23% Y-o-Y to Rs.1.71 billion, supported by 18% Y-o-Y NII growth and a 254 bps improvement in cost-to-income ratio to 43.7%. Management discussed asset quality trends, spread compression expectations, PLR cuts, and plans to regain home loan market share.
Aavas Financiers reported Q4 FY26 net profit growth of 18% year-on-year to Rs. 1.82 billion, driven by NII growth and margin expansion, with AUM at Rs. 234.5 billion registering 15% year-on-year growth. Disbursements for FY26 grew 11% to Rs. 67.8 billion, while asset quality metrics improved with GNPA at 1.05% and 1+ DPD at 3.17%. Management discussed cost of funds improvement, branch network expansion to 435 branches, and a leadership transition with Manu Singh addressing the call as CEO for the first time.