Investor Presentation of the Company on the Audited Financial results for the quarter and year ended March 31, 2025
Awaiting price reaction for this filing.
Aavas Financiers reported a strong FY25 with AUM growing 18% YoY to ₹204,202 Mn and disbursements up 10% to ₹61,230 Mn. Profit after tax rose 17% YoY to ₹5,743 Mn, while ROA improved 14 bps to 1.08% and ROE rose to 14.12%. Asset quality was largely stable with Gross Stage 3 at 1.08% (vs 0.94%), and the company maintained healthy spreads of 8.24%. Operating efficiency improved with OpEx as % of average total assets falling to 3.17% from 3.51% two years ago. Credit ratings were upgraded to AA/Stable by both ICRA and CARE during the year. The network expanded to 397 branches across 14 states, and a major technology transformation (new LOS, LMS, ERP) was completed.
The combination of healthy AUM and disbursement growth, improved ROA/ROE, and upgrade to AA rating is positive for shareholders, though the slight uptick in Gross Stage 3 and marginal NIM compression to 3.27% are minor watchpoints. The illustrative FY30E AUM target of ~₹590 Bn signals management's long-term growth ambition.