AAVAS Financiers Ltd
- Market Cap ₹ 16,132 Cr.
- Current Price ₹ 2,038
- High / Low ₹ 2,238 / 1,457
- Stock P/E 32.9
- Book Value ₹ 477
- Dividend Yield 0.00 %
- ROCE 9.91 %
- ROE 13.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 22.8% CAGR over last 5 years
- Company's working capital requirements have reduced from 29.3 days to 21.8 days
Cons
- Stock is trading at 4.27 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 13.9% over last 3 years.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -12.7%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance - Housing
Part of BSE Allcap BSE Financial Services BSE 250 SmallCap Index BSE 400 MidSmallCap Index BSE Diversified Financials Revenue Growth Index (I
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
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494 | 710 | 903 | 1,103 | 1,304 | 1,609 | 2,018 | |
Interest | 193 | 255 | 356 | 458 | 478 | 591 | 828 |
162 | 188 | 226 | 274 | 352 | 442 | 534 | |
Financing Profit | 139 | 267 | 321 | 371 | 475 | 575 | 655 |
Financing Margin % | 28% | 38% | 36% | 34% | 36% | 36% | 32% |
1 | 1 | 1 | 2 | 1 | 2 | 3 | |
Depreciation | 6 | 10 | 20 | 21 | 24 | 29 | 33 |
Profit before tax | 134 | 258 | 302 | 353 | 453 | 548 | 625 |
Tax % | 31% | 32% | 18% | 18% | 22% | 22% | 22% |
93 | 176 | 249 | 289 | 355 | 430 | 491 | |
EPS in Rs | 13.45 | 22.54 | 31.80 | 36.80 | 45.00 | 54.36 | 62.00 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 22% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 19% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | -4% |
1 Year: | 27% |
Return on Equity | |
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10 Years: | % |
5 Years: | 14% |
3 Years: | 14% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 69 | 78 | 78 | 78 | 79 | 79 | 79 |
Reserves | 1,121 | 1,759 | 2,020 | 2,322 | 2,728 | 3,191 | 3,694 |
Borrowing | 2,755 | 3,653 | 5,382 | 6,378 | 8,012 | 9,887 | 12,398 |
95 | 137 | 177 | 181 | 199 | 253 | 348 | |
Total Liabilities | 4,040 | 5,627 | 7,657 | 8,959 | 11,017 | 13,410 | 16,519 |
18 | 23 | 60 | 58 | 66 | 78 | 116 | |
CWIP | 0 | 0 | 1 | 0 | 2 | 20 | 11 |
Investments | 0 | 0 | 0 | 0 | 53 | 111 | 182 |
4,022 | 5,604 | 7,596 | 8,901 | 10,897 | 13,200 | 16,210 | |
Total Assets | 4,040 | 5,627 | 7,657 | 8,959 | 11,017 | 13,410 | 16,519 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
-933 | -1,276 | -1,172 | -1,071 | -1,135 | -1,924 | -1,987 | |
-218 | -327 | -342 | -265 | -463 | 196 | -648 | |
1,240 | 1,404 | 1,705 | 1,008 | 1,623 | 1,858 | 2,477 | |
Net Cash Flow | 90 | -198 | 191 | -328 | 26 | 130 | -157 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
ROE % | 12% | 13% | 13% | 14% | 14% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2h - Copies of Newspaper clippings of Audited Financial Results of the Company for the Quarter and Financial Year ended March 31, 2025 published in Financial Express, …
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Audio Recording Of Earnings Conference Call For The Quarter And Financial Year Ended March 31, 2025.
21h - Audio recording of Q4 and FY25 earnings call made available on company website.
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Announcement Under Regulation 30 And 50 Of SEBI (LODR) Regulations, 2015
22h - Appointed Chandrasekaran Associates as secretarial auditor for FY 2025-26 to FY 2029-30.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
24h - Aavas reports FY25: 18% AUM growth to Rs 204bn, 17% PAT growth to Rs 5.74bn, strong asset quality, 397 branches.
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Announcement under Regulation 30 (LODR)-Investor Presentation
24h - Investor Presentation of the Company on the Audited Financial results for the quarter and year ended March 31, 2025
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Concalls
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Apr 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Jul 2024TranscriptPPT
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Oct 2023Transcript PPT REC
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Nov 2018Transcript PPT
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Oct 2018TranscriptNotesPPT
Business Overview
Aavas is a retail, affordable housing finance company, primarily serving low and middle-income self-employed customers in semi-urban and rural India. The company’s product offering consists of home loans for the purchase or construction of residential properties and the extension and repair of existing housing units, Loans against property, and MSME loans. [1]