AAVAS Financiers Ltd
AAVAS Financiers Ltd (AAVAS) last reported results for the quarter ended Mar 2024, with sales of ₹546 crore and net profit of ₹142 crore. The stock last traded at ₹1,206, a market capitalisation of ₹9,566 crore, on a P/E of 19.5. Over the past 52 weeks the stock has ranged between ₹1,050 and ₹1,775. Figures are as of 6 Oct 2026 and are not real time.
AAVAS Financiers Ltd share price and key metrics
- Current price
- ₹1,206
- Market cap
- ₹9,566 cr
- Stock P/E
- 19.5
- Book value
- ₹477
- ROE
- 13.9%
- ROCE
- 9.91%
- Dividend yield
- 0.00%
- 52w high / low
- 1775/1050
Metrics as of 6 Oct 2026. Not real time.
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AAVAS Financiers Ltd growth and returns
- 10 Years
- %
- 5 Years
- 23%
- 3 Years
- 22%
- TTM
- 25%
- 10 Years
- %
- 5 Years
- 23%
- 3 Years
- 19%
- TTM
- 14%
- 10 Years
- %
- 5 Years
- -14%
- 3 Years
- -11%
- 1 Year
- -27%
- 10 Years
- %
- 5 Years
- 14%
- 3 Years
- 14%
- Last Year
- 14%
AAVAS Financiers Ltd quarterly results
In the quarter ended Mar 2024, sales were ₹546 cr, up 21.3% from ₹450 cr a year earlier. Net profit was ₹142 cr, up 11.8% year on year.
| ₹ crore | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Sales | 353 | 395 | 411 | 450 | 467 | 497 | 508 | 546 |
| Expenses | 98 | 110 | 117 | 118 | 132 | 129 | 134 | 139 |
| Operating profit | 121 | 144 | 144 | 167 | 148 | 164 | 157 | 186 |
| OPM % | 34% | 37% | 35% | 37% | 32% | 33% | 31% | 34% |
| Other income | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 |
| Interest | 135 | 141 | 150 | 165 | 187 | 204 | 217 | 222 |
| Depreciation | 6 | 7 | 7 | 9 | 7 | 8 | 9 | 9 |
| Profit before tax | 114 | 138 | 138 | 159 | 141 | 157 | 150 | 177 |
| Tax % | 22% | 22% | 22% | 20% | 22% | 23% | 22% | 20% |
| Net profit | 89 | 107 | 107 | 127 | 110 | 122 | 117 | 142 |
| EPS (₹) | 11.28 | 13.49 | 13.55 | 16.04 | 13.89 | 15.38 | 14.75 | 18.00 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
AAVAS Financiers Ltd annual results
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|
| Sales | 494 | 710 | 903 | 1,103 | 1,304 | 1,609 | 2,018 |
| Operating profit | 139 | 267 | 321 | 371 | 475 | 575 | 655 |
| OPM % | 28% | 38% | 36% | 34% | 36% | 36% | 32% |
| Net profit | 93 | 176 | 249 | 289 | 355 | 430 | 491 |
| EPS (₹) | 13.45 | 22.54 | 31.80 | 36.80 | 45.00 | 54.35 | 62.00 |
TTM is the trailing twelve months to the most recent quarter.
AAVAS Financiers Ltd balance sheet
| ₹ crore | 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 |
| Borrowings | 2,755 | 3,653 | 5,382 | 6,378 | 8,012 | 9,887 | 12,398 |
| Other liabilities | 95 | 137 | 177 | 181 | 199 | 253 | 348 |
| Total liabilities | 4,040 | 5,627 | 7,657 | 8,959 | 11,017 | 13,410 | 16,519 |
| Fixed assets | 18 | 23 | 60 | 58 | 66 | 78 | 116 |
| CWIP | 0 | 0 | 1 | 0 | 2 | 20 | 11 |
| Investments | 0 | 0 | 0 | 0 | 53 | 111 | 182 |
| Other assets | 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 |
As reported by the company. Total assets equal total liabilities by construction.
AAVAS Financiers Ltd cash flow
| ₹ crore | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -933 | -1,276 | -1,172 | -1,071 | -1,135 | -1,914 | -1,987 |
| Cash from investing | -218 | -327 | -342 | -265 | -463 | 186 | -648 |
| Cash from financing | 1,240 | 1,404 | 1,705 | 1,008 | 1,623 | 1,858 | 2,477 |
| Net cash flow | 90 | -198 | 191 | -328 | 26 | 130 | -157 |
| Free cash flow | -947 | -1,290 | -1,192 | -1,079 | -1,150 | -1,953 | -2,018 |
| CFO / operating profit | -268% | -231% | -164% | -123% | -111% | -156% | -125% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
AAVAS Financiers Ltd operating ratios
| Per year | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|
| ROE % | 8% | 12% | 13% | 13% | 14% | 14% | 14% |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
AAVAS Financiers Ltd shareholding pattern
Promoters held 48.88% at Jun 2026, broadly unchanged since Jun 2025. FIIs 16.28% and DIIs 22.15%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 26.47% | 26.47% | 26.47% | 48.96% | 48.96% | 48.95% | 48.88% | 48.88% |
| FIIs | 35.50% | 33.97% | 29.67% | 29.77% | 25.88% | 24.72% | 16.74% | 16.28% |
| DIIs | 25.55% | 25.69% | 10.75% | 11.52% | 14.13% | 14.30% | 22.14% | 22.15% |
| Public | 12.49% | 13.87% | 33.11% | 9.75% | 11.02% | 12.04% | 12.24% | 12.69% |
| No. of shareholders | 1,44,452 | 1,47,894 | 1,32,792 | 1,21,862 | 1,22,052 | 1,20,695 | 1,17,980 | 1,13,498 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
AAVAS Financiers Ltd corporate filings
- AAVAS Financiers Allots ESOPs under Regulation 30 (LODR)Company Updatelow impact
Cruxal's analysis: AAVAS Financiers Ltd announced the allotment of PSOPs on October 7, 2026. The…
Read the full analysis - Submission of Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended September 30, 2026.Company Updatelow impact
- AAVAS Financiers Ltd publishes newspaper advertisement for dispatch of Postal Ballot Notice and E-Voting infoCompany Updatelow impact
Cruxal's analysis: AAVAS Financiers Ltd filed a newspaper advertisement on October 2, 2026, regarding the…
Read the full analysis - Corporate Board Approves Appointment of New Managing Director and Non-Executive Nominee Director via Postal BallotAGM/EGMhigh impact
Cruxal's analysis: Aavas Financiers Limited has announced the approval of the appointment of Mr. Manu…
Read the full analysis - AAVAS Financiers Ltd discloses ESG rating by Crisil ESG Ratings & Analytics Ltd.Company Updatelow impact
Cruxal's analysis: AAVAS Financiers Ltd, a small-cap company with a market cap of approximately 10,073.55…
Read the full analysis - Aavas Financiers announces re-appointment of Mr. Sharad Pathak as Chief Compliance OfficerCompany Updatelow impact
Cruxal's analysis: Aavas Financiers Limited has formally announced the re-appointment of Mr. Sharad Pathak…
Read the full analysis - Intimation of Closure of Trading Window for the quarter and half year ended September 30, 2026.Insider Trading / SASTlow impact
- Aavas Financiers Limited credit ratings placed on 'Rating Watch with Developing Implications' by CARE RatingsCompany Updatemedium impact
Cruxal's analysis: Aavas Financiers Limited has received an intimation from CARE Ratings Limited that its…
Read the full analysis - AAVAS Financiers Ltd discloses ESG rating from ESG Risk Assessments and Insights LimitedCompany Updatelow impact
Cruxal's analysis: AAVAS Financiers has filed a disclosure under Regulation 30 of the SEBI (LODR)…
Read the full analysis - Aavas Financiers appoints Nitin Rughwani as Chief Credit Officer to strengthen risk and lending infrastructureCompany Updatelow impact
Cruxal's analysis: Aavas Financiers Limited has announced the appointment of Mr. Nitin Rughwani as the new…
Read the full analysis - AAVAS Financiers Ltd: Routine regulatory disclosure under SEBI LODR RegulationsCompany Updatelow impact
Cruxal's analysis: AAVAS Financiers Ltd has filed a routine disclosure under Regulation 30 and 51 of the…
Read the full analysis - AAVAS Financiers Ltd updates authorized personnel for material event disclosures under SEBI Regulation 30(5)Company Updatelow impact
Cruxal's analysis: AAVAS Financiers has submitted a routine disclosure under Regulation 30(5) of the SEBI…
Read the full analysis - Aavas Financiers Announces Leadership Transition: Manu Yeshpal Singh Appointed MD & CEOOthersmedium impact
Cruxal's analysis: Aavas Financiers Limited has announced a significant leadership transition, with Mr. Manu…
Read the full analysis - AAVAS Financiers schedules investor and analyst meetings from September 23 to September 28, 2026Company Updatelow impact
Cruxal's analysis: AAVAS Financiers has announced a series of investor and analyst meetings scheduled for…
Read the full analysis - AAVAS Financiers Ltd: Routine Regulatory Disclosure under SEBI LODR Regulations 30 and 51Company Updatelow impact
Cruxal's analysis: AAVAS Financiers Ltd has filed a routine disclosure under Regulations 30 and 51 of the…
Read the full analysis - Aavas Financiers secures shareholder approval for 9,000 crore debt issuance and strengthens board with key independent appointmentsCompany Updatehigh impact
Cruxal's analysis: Aavas Financiers has received shareholder approval at its 16th Annual General Meeting to…
Read the full analysis - Aavas Financiers Limited secures shareholder approval for NCD issuance and enhanced borrowing powers at 16th AGMAGM/EGMlow impact
Cruxal's analysis: Aavas Financiers Limited has successfully concluded its 16th Annual General Meeting…
Read the full analysis - AAVAS Financiers Ltd concludes 16th Annual General MeetingCompany Updatelow impact
Cruxal's analysis: AAVAS Financiers Ltd has successfully concluded its 16th Annual General Meeting held on…
Read the full analysis - Aavas Financiers reports FY 2025-26 performance highlights at 16th AGM, targeting 50,000 crore AUMAGM/EGMhigh impact
Cruxal's analysis: Aavas Financiers Limited held its 16th Annual General Meeting, where management…
Read the full analysis - AAVAS Financiers Ltd receives ESG rating from NICHE99 ESG RATINGSCompany Updatelow impact
Cruxal's analysis: AAVAS Financiers Ltd has disclosed the receipt of an Environmental, Social and Governance…
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