Loading current stock analysis…
Loading current stock analysis…
India
As of 18 Sept 2026, 03:30 pm
For the fiscal year ending March 31, 2026, Aavas Financiers reported an Assets Under Management (AUM) of ₹23,451 crore, an increase of 15%. Disbursements grew by 11% to ₹6,775 crore, and net profit rose by 14% to ₹654.9 crore. The company maintained a Capital Adequacy Ratio of 44.6%.
Recent analyst reports include an upgrade to 'buy' with a target price of ₹1,685 from PL Capital, citing growth potential and AI enhancements. Prabhudas Lilladher also issued a 'buy' recommendation with a target price of ₹1,685. Motilal Oswal maintained a 'neutral' stance with a target price of ₹1,435.
At the 16th Annual General Meeting held on September 16, 2026, shareholders approved all resolutions. These included the adoption of audited financial statements for the year ended March 31, 2026, the re-appointment of directors, the appointment of two new independent directors, and authorization for the issuance of non-convertible debentures up to ₹9,000 crore on a private placement basis until September 15, 2027. Additionally, the Reserve Bank of India approved the appointment of Mr. Manu Yeshpal Singh as Managing Director for a five-year tenure.
Between March 2019 and March 2020, Aavas Financiers' borrowing increased from ₹3,653 crore to ₹5,382 crore. Concurrently, its fixed assets grew from ₹23 crore to ₹60 crore.
As of September 18, 2026, the daily trend for Aavas Financiers indicates a 'bearish' SuperTrend with the closing price at ₹1,284.6, below the 20-day Exponential Moving Average (EMA) of ₹1,301.33 and the 50-day EMA of ₹1,341.99. The weekly trend, however, shows a 'bullish' SuperTrend, although the closing price is below the 20-day EMA (₹1,359.51) and 50-day EMA (₹1,427.32) on a weekly basis.
As of 18 Sept 2026, 03:30 pm
Showing 3 of 14 candles
Recent drawdown or price variability is materially high and may lead to larger short-term outcomes.
Primary driver: Price remains materially below a previous peak
Upward price movement of 3.01 standard deviations recorded on 2026-09-03.
Unusual market activity that may warrant review of the underlying price, volume, or news context.
Trading volume was unusually high, but the closing price did not show a clear directional move.
This indicates increased participation without a clear directional signal.
Trading activity was substantially higher than usual and the price closed lower.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue From Operations | ₹708.72 crore | PEAK₹714.68 crore | ₹674.20 crore | ₹667.02 crore | ₹627.56 crore |
| Interest Earned | PEAK₹616.47 crore | ₹593.40 crore | ₹573.82 crore | ₹563.62 crore | ₹548.94 crore |
| Finance Costs | PEAK₹292.63 crore | ₹273.46 crore | ₹274.48 crore | ₹275.54 crore | ₹271.35 crore |
| Profit Before Tax | ₹220.10 crore | PEAK₹230.76 crore | ₹219.32 crore | ₹211.23 crore | ₹179.13 crore |
| Other Income | ₹37.80 lakh | ₹15.08 lakh | ₹42.10 lakh | PEAK₹43.28 lakh | ₹37.38 lakh |
| Impairment On Financial Instruments | PEAK₹12.80 crore | ₹6.65 crore | ₹7.85 crore | ₹7.96 crore | ₹11.26 crore |
Revenue from operations was ₹708.72 crore, down 0.83% from ₹714.68 crore in the March 2026 quarter. Interest earned, the primary revenue driver, grew 3.89% sequentially to ₹616.47 crore. This increase was offset by a reduction in non-interest revenue, which fell from ₹121.28 crore in the prior quarter to ₹92.25 crore in the current quarter. Year-over-year, revenue grew 12.93% from ₹627.56 crore, with interest income contributing a 12.30% increase.
The debt-equity ratio was 0.0306 at the end of the quarter, a sharp decline from 3.087 in the preceding quarter. This pattern mirrors the prior year, when the ratio stood at 0.0317 in the June quarter and rose above 3.0 in subsequent quarters. The recurring quarterly swing suggests a period-end classification effect rather than a fundamental shift in the company’s funding structure. Ratios for the intervening quarters remained consistently above 3.0.
Exchange disclosures and regulatory announcements for Aavas Financiers.
Aavas Financiers Limited announced a schedule of investor and analyst meetings to be held between September 23 and September 28, 2026, in Singapore, Hong Kong, and Mumbai. The events include one-on-one and group sessions with existing and proposed investors, as well as participation in the BoFA Conference and Isec Affordable Housing Day. Company Secretary Saurabh Sharma confirmed that no unpublished price-sensitive information will be shared during these discussions.
On September 18, 2026, the Board of Aavas Financiers approved the appointment of Mr. Manu Yeshpal Singh as Managing Director for five years from September 19, 2026 to September 18, 2031, following RBI approval dated September 17, 2026, changing his designation from CEO to MD & CEO. The Board also approved the appointment of Mr. Sanjeev Srinivasan as an Additional Non-Executive Nominee Director, nominated by Aquilo House Pte. Ltd., for the same five-year term, subject to shareholder approval. Additionally, the Board accepted the resignation of Mr. Anant Jain as Non-Executive Nominee Director, effective from the close of business on September 18, 2026, due to personal reasons.
On September 18, 2026, Aavas Financiers' board appointed Manu Yeshpal Singh as Managing Director for five years from September 19, 2026 to September 18, 2031, changing his designation from CEO to MD & CEO, and appointed Sanjeev Srinivasan as an Additional Non-Executive Nominee Director nominated by promoter Aquilo House Pte. Ltd. for the same five-year term, both subject to shareholder approval and following RBI approval on September 17, 2026. The board also accepted the resignation of Non-Executive Nominee Director Anant Jain effective close of business on September 18, 2026 for personal reasons.
Aavas Financiers disclosed to stock exchanges on September 18, 2026, the updated list of Key Managerial Personnel authorized to determine materiality and make disclosures under SEBI LODR regulations. The authorized officials are Managing Director & CEO Mr. Manu Yeshpal Singh, Interim CFO Mr. Ghanshyam Gupta, and Company Secretary & Compliance Officer Mr. Saurabh Sharma.
On September 18, 2026, Aavas Financiers Limited received an NHB communication determining an INR 1.09 Crore penal charge and directing repayment of approximately INR 12.24 Crores for certain loan pools under a refinance scheme. The company stated it will take necessary actions to comply.
At the 16th Annual General Meeting of Aavas Financiers Limited held on September 16, 2026, all 10 resolutions were approved by shareholders with requisite majorities. Resolutions included adoption of audited financial statements for FY ended March 31, 2026, re-appointment of directors Nikhil Omprakash Gahrotra and Neha Sureka, appointment of independent directors Vivek Anant Karve and Vellur Gopalaraghavan Kannan, remuneration for joint statutory auditors for FY 2026-27, ratification of remuneration for former MD & CEO Sachinderpalsingh Jitendrasingh Bhinder, increase in borrowing powers under Section 180(1)(c), creation of charges on assets, and issuance of non-convertible debentures on private placement basis.
At the September 16, 2026 AGM of AAVAS Financiers Limited, shareholders approved all items, including the re-appointment of Non-Executive Nominee Directors Nikhil Omprakash Gahrotra and Neha Sureka, ratification of remuneration for former MD & CEO Sachinderpalsingh Jitendrasingh Bhinder, appointment of Vivek Anant Karve and Vellur Gopalaraghavan Kannan as Independent Directors, and authorization to issue Non-Convertible Debentures up to Rs. 9,000 crore on a private placement basis until September 15, 2027.
On 2026-09-16, AAVAS FINANCIERS LIMITED appointed two Non-Executive Independent Directors for 60-month terms, effective that date. Mr. Vivek Anant Karve, a Chartered Accountant with over 30 years' experience including as Group CFO of Marico Ltd. and CFO at Mahindra & Mahindra Financial Services, was appointed as a Non-Executive Independent Director. Mr. Vellur Gopalaraghavan Kannan, a former SBI Managing Director with over 40 years in BFSI, was appointed as Non-Executive Independent Director and Chairperson. Both are not related inter-se to other directors and are not debarred by SEBI or other authorities.
Recent market and company developments associated with Aavas Financiers.
Despite a 12% decline year-to-date, PL Capital upgrades AAVAS Financiers to a 'buy' with a target price of ₹1,685, citing strong technology-driven growth potential and AI enhancements.
Prabhudas Lilladher, AAVAS Financiers, buy, Recommendations
Motilal Oswal, Neutral, AAVAS Financiers, Recommendations
Emkay Global Fin
Elgi Equipments Ltd recorded volume of 6.62 lakh shares by 10:46 IST on BSE, a 22.76 times surge over two-week average daily volume of 29096 shares
Billionbrains Garage Ventures Ltd notched up volume of 819.05 lakh shares by 10:46 IST on BSE, a 44.78 fold spurt over two-week average daily volume of 18.29 lakh shares
The Thane Additional Sessions Court set aside a Magistrate court order issuing criminal process against Aavas Financiers in a Mira Road illegal flat demolition case. The court held that there was no prima facie evidence of cheating, criminal breach of trust, or any nexus between the finance company and the builder.
Comprehensive Section Breakdown for Aavas Financiers
Strategic Vision: Housing finance for low and middle-income customers in semi-urban and rural areas.
Category: Financial Services
Offers various housing loans including finance for purchase, construction, and home extension, catering to low and middle-income customers.
Category: Financial Services
Provides home loan balance transfers, loans against property, MSME business loans, and small ticket-size loans.
• Focus on serving a financially excluded segment of the population.
• Proprietary appraisal methodology for assessing creditworthiness of customers with non-traditional income proof.
• Extensive branch network in semi-urban and rural areas.
Aavas Financiers reported a slight sequential decline in total revenue for the quarter ended 30 June 2026, as growth in interest earnings was offset by a drop in other operating income. Finance costs rose at a faster pace than interest income, and credit provisions increased from a low base, leading to a moderate sequential dip in profit. Year-on-year, both revenue and profit expanded at double-digit rates, reflecting continued portfolio growth.
Finance costs reached ₹292.63 crore, up 7.01% sequentially and 7.84% year-over-year. The sequential rise in funding costs outpaced the 3.89% growth in interest earnings. Profit before tax was ₹220.10 crore, down 4.62% from ₹230.76 crore in the March quarter. Net profit followed a similar pattern at ₹171.27 crore, a 5.72% sequential decline but a 23.01% increase from ₹139.23 crore a year earlier. Basic earnings per share were ₹21.60, compared with ₹22.94 in the prior quarter and ₹17.59 a year ago. The net profit margin stood at 24.17% for the quarter.
Impairment on financial instruments was ₹12.80 crore, nearly double the ₹6.65 crore recorded in the March quarter and higher than the ₹11.26 crore reported a year ago. The sequential increase followed four consecutive quarters of declining provisions, bringing the current charge closer to historical levels. Other expenses declined to ₹48.24 crore from ₹56.67 crore in the prior quarter, partially offsetting the impact of higher finance costs and provisions. Employee benefit expense was ₹121.70 crore in the quarter.
Aavas Financiers continued to grow its core interest income, but faster-rising funding costs and a sequential increase in credit provisions from a low base contributed to a moderate decline in profit. Total revenue edged lower as a drop in non-interest revenue offset interest growth. Year-on-year comparisons remain solid, with double-digit expansion in both revenue and profit. The near-term financial trajectory will depend on the interplay between interest earnings, funding costs, and provision levels.
Core Thesis: The company's strategy is to serve an underserved market segment with tailored financing solutions and a unique appraisal methodology.
• Targeted Customer Segment: Focuses on low and middle-income customers in semi-urban and rural areas, including self-employed individuals and salaried employees with limited formal documentation. • Unique Appraisal Methodology: Employs a specialized approach to assess the creditworthiness of customers who may lack traditional income proof documents. • Tailored Financing Solutions: Offers customized loan products and financing solutions to meet the specific needs of its target customer base.