Investor Release on the Financial and Operational Performance of the Company for the quarter and Financial Year ended March 31, 2025
Awaiting price reaction for this filing.
Aavas Financiers, an affordable housing finance company, reported FY25 results with Assets under Management (AUM) crossing Rs. 200 billion at Rs. 204.2 billion, up 18% year-on-year. Net Profit grew 17% YoY to Rs. 5.74 billion, while Net Interest Income rose 13% to Rs. 13.43 billion. Loan disbursements for the year grew 10% to Rs. 61.23 billion, with Q4 showing stronger 27% sequential growth at Rs. 20.2 billion. Asset quality remained healthy with Gross Stage 3 (NPAs) at 1.08% and 1+ days past due at 3.39%, though Gross Stage 3 edged up 14 bps YoY. The company added 30 branches in FY25 to reach 397 total, improved operational efficiency (Opex/Assets down 26 bps to 3.32%), and maintained a strong capital position with CRAR of 44.5% and Net Worth of Rs. 43.61 billion. ROA stayed stable at 3.27% while ROE improved to 14.12%.
Strong, balanced FY25 results with healthy AUM and profit growth, stable asset quality, and improving operational efficiency should support investor confidence. The slight uptick in Gross Stage 3 and modest spread compression are minor watchpoints, but overall the performance reflects steady execution in the affordable housing segment.