Provides housing finance to individual borrowers, with earnings coming primarily from interest income on its loan book. Home loans are the lead product (38% YoY growth in Q1 FY27), with loan against property (LAP) and MSME loans also part of the lending mix. Q1 FY27 AUM growth of 15.4% YoY was driven by Rs 16.1 bn of disbursements (+41% YoY), and the quarter's net interest margin stood at 7.70% on a spread of 5.06%. The main input cost is interest expense on borrowings — Q1 FY27 saw Rs 14.74 bn raised at 7.74% and a Rs 200 crore 7.80% 3-year NCD placement in July 2026, with 73% of borrowings re-priceable and cost of borrowing improving 38 bps YoY. Employees (17.5% of FY26 revenue) and other opex (7.2%) make up the non-funding cost base. FY26 total income was Rs 2,683.46 crore and net profit Rs 654.88 crore, with capital adequacy at 44.66% CRAR and debt-to-equity at 3.06. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Home loans, Loan against property (LAP), MSME loans, Other income. Spread-driven, asset-heavy housing finance company; cyclical with interest rate moves and the affordable housing cycle
| ₹ crore · consolidated | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 903 | 1,103 | 1,304 | 1,609 | 2,018 |
| EBITDA (ex other income) | 677 | 829 | 953 | 1,166 | 1,484 |
| margin % | 75.0 | 75.2 | 73.0 | 72.5 | 73.5 |
| Owners' profit | 0 | 289 | 0 | 0 | 0 |
| EPS, as reported (₹) | 31.85 | 36.86 | 45.10 | 54.38 | 62.03 |
| ROE % · ROCE % | 11.9 · — | 12.0 · — | 12.7 · — | 13.1 · — | 13.0 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | — | (1,071) | (1,135) | (1,915) | (1,987) |
| Capex | — | (8) | (16) | (39) | (33) |
| ₹ crore | Q1 FY23 | Q2 FY23 | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 353 | 395 | 411 | 450 | 467 | 497 | 508 | 546 |
| Profit before tax | 114 | 138 | 138 | 159 | 141 | 157 | 150 | 177 |
| Net profit | 89 | 107 | 107 | 127 | 110 | 122 | 117 | 142 |
| EPS (₹) | 11.28 | 13.51 | 13.56 | 16.05 | 13.89 | 15.38 | 14.75 | 18.00 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ HOUSING FINANCE LTD | 70,078 | 34.6 | 3.11 | — | 11.4 | — | — | 92.4 |
| LIC HOUSING FINANCE LTD | 30,982 | 5.4 | 0.75 | 1.1 | 13.5 | — | 7.7 | 97.1 |
| PNB HOUSING FIN LTD. | 30,721 | 13.3 | 1.60 | 3.5 | 11.9 | — | 2.3 | 91.6 |
| AADHAR HOUSING FINANCE L | 19,978 | 17.4 | 2.65 | 6.9 | 14.5 | — | — | 75.4 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Aavas Financiers allots Rs 100 Crore NCDs at 7.60 percent coupon | fund raising | medium | — | — |
| 8 Sept 2026 · Aavas Financiers schedules investor and analyst meetings on Sept 11 and Sept 17 | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Aavas schedules investor meetings for September 10, 2026 | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Aavas approves up to Rs 100 Cr NCD private placement, 5-year tenor | fund raising | medium | — | — |
| 2 Sept 2026 · Aavas Financiers to raise up to Rs 100 Cr via NCD private placement | fund raising | medium | — | — |
| 2 Sept 2026 · Aavas Financiers to issue NCDs worth up to Rs 100 Cr via private placement | fund raising | high | — | — |
| 25 Aug 2026 · AAVAS schedules investor meets on Aug 31 and Sep 9, 2026 | board shareholder meetings | low | — | — |
| 25 Aug 2026 · 16th AGM notice and e-voting details for Aavas Financiers | compliance | minimal | — | — |
| 24 Aug 2026 · BRSR with Reasonable Assurance filed for FY 2025-26 | compliance | medium | — | — |
| 24 Aug 2026 · Annual Report FY25-26 web link sent to shareholders without registered email | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| SAMMAAN CAPITAL LIMITED | 17,203 | — | 0.91 | — | (37.6) | — | (3.8) | 101.8 |
| HOME FIRST FIN CO IND LTD | 12,386 | 21.2 | 2.84 | — | 12.4 | — | — | 78.3 |
| APTUS VALUE HSG FIN I LTD | 12,360 | 12.5 | 2.44 | 6.3 | 18.6 | — | — | 83.7 |
| CAN FIN HOMES LTD | 10,400 | 9.2 | 1.74 | — | 18.2 | — | — | 91.3 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 20.6 | 13.3 | 12 of 17 | 31% |
| P/B | 2.7 | 1.4 | 14 of 16 | 13% |
| ROE | 13.0 | 11.6 | 7 of 20 | 68% |
| Debt / Equity | 0.0 | 0.0 | 3 of 20 | 0% |
| EBITDA margin | 74.7 | 74.7 | 10 of 19 | 50% |
| Revenue growth | 21.4 | 9.0 | 5 of 19 | 78% |
| Profit growth | 12.3 | 19.3 | 13 of 20 | 37% |
| Market cap | 10148 | 7130 | 9 of 19 | 56% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
