Aavas Financiers Limited has submitted to the Exchange, the outcome of the Board Meeting held on Tuesday, May 05, 2026.
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Aavas Financiers Limited reported audited financial results for FY2026 ending March 31, 2026. Total income grew 13.8% to ₹2,68,483 lakh from ₹2,35,841 lakh in the previous year. Net profit after tax increased 14.1% to ₹65,488 lakh, up from ₹57,410 lakh. Basic EPS improved to ₹82.72 from ₹72.54. The Board also approved an NCD issuance limit of ₹9,000 crore through private placement (subject to shareholder approval), re-appointed Mr. Sandeep Tandon as Independent Director and Chairperson, and reduced the Prime Lending Rate by 10 basis points effective June 5, 2026. Joint statutory auditors issued an unmodified (clean) opinion on the financial statements.
Strong financial performance with double-digit revenue and profit growth reflects healthy business expansion in housing finance. The NCD limit approval indicates continued capital market borrowing plans, while the PLR cut aims to boost loan demand.