AAVAS Financiers Ltd
- Market Cap ₹ 12,858 Cr.
- Current Price ₹ 1,620
- High / Low ₹ 1,818 / 1,307
- Stock P/E 26.2
- Book Value ₹ 477
- Dividend Yield 0.00 %
- ROCE 9.91 %
- ROE 13.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 22.8% CAGR over last 5 years
- Company's median sales growth is 27.1% of last 10 years
Cons
- Stock is trading at 3.40 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -12.6%
- Company has a low return on equity of 13.9% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance - Housing
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 18 | 54 | 104 | 191 | 305 | 494 | 710 | 902 | 1,103 | 1,304 | 1,608 | 2,018 |
Interest | 7 | 30 | 53 | 97 | 143 | 193 | 255 | 356 | 458 | 478 | 591 | 828 |
8 | 14 | 21 | 43 | 72 | 161 | 188 | 225 | 273 | 349 | 441 | 535 | |
Financing Profit | 3 | 10 | 30 | 51 | 90 | 139 | 266 | 321 | 372 | 477 | 576 | 654 |
Financing Margin % | 16% | 18% | 29% | 27% | 29% | 28% | 38% | 36% | 34% | 37% | 36% | 32% |
0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 1 | 2 | 3 | |
Depreciation | 0 | 0 | 1 | 1 | 3 | 6 | 10 | 20 | 21 | 24 | 29 | 33 |
Profit before tax | 3 | 9 | 29 | 50 | 88 | 134 | 258 | 302 | 353 | 455 | 549 | 624 |
Tax % | 31% | 33% | 34% | 34% | 35% | 31% | 32% | 18% | 18% | 22% | 22% | 21% |
2 | 6 | 19 | 33 | 57 | 93 | 176 | 249 | 290 | 357 | 430 | 491 | |
EPS in Rs | 0.69 | 2.12 | 5.80 | 8.54 | 9.82 | 13.46 | 22.52 | 31.81 | 36.88 | 45.20 | 54.41 | 62.00 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 44% |
5 Years: | 23% |
3 Years: | 22% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | 54% |
5 Years: | 23% |
3 Years: | 19% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | -11% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 14% |
3 Years: | 14% |
Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 27 | 30 | 33 | 38 | 58 | 69 | 78 | 78 | 78 | 79 | 79 | 79 |
Reserves | 2 | 26 | 69 | 165 | 508 | 1,121 | 1,759 | 2,020 | 2,323 | 2,730 | 3,191 | 3,694 |
151 | 354 | 704 | 1,447 | 1,793 | 2,755 | 3,653 | 5,382 | 6,378 | 8,012 | 9,887 | 12,398 | |
7 | 8 | 47 | 60 | 91 | 95 | 137 | 177 | 181 | 200 | 254 | 348 | |
Total Liabilities | 187 | 418 | 852 | 1,711 | 2,451 | 4,040 | 5,627 | 7,657 | 8,960 | 11,020 | 13,411 | 16,519 |
2 | 5 | 5 | 6 | 10 | 18 | 23 | 60 | 58 | 66 | 78 | 127 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 2 | 20 | 0 |
Investments | 0 | 0 | 0 | 0 | 1 | 4 | 4 | 4 | 4 | 68 | 123 | 182 |
185 | 412 | 847 | 1,705 | 2,440 | 4,017 | 5,599 | 7,592 | 8,897 | 10,885 | 13,189 | 16,210 | |
Total Assets | 187 | 418 | 852 | 1,711 | 2,451 | 4,040 | 5,627 | 7,657 | 8,960 | 11,020 | 13,411 | 16,519 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-172 | -591 | -591 | -933 | -1,276 | -1,172 | -1,071 | -1,136 | -1,910 | -1,987 | |||
-0 | -1 | -15 | -218 | -327 | -342 | -265 | -467 | 186 | -647 | |||
151 | 816 | 640 | 1,240 | 1,404 | 1,705 | 1,008 | 1,623 | 1,858 | 2,477 | |||
Net Cash Flow | -22 | 224 | 34 | 90 | -199 | 191 | -328 | 20 | 134 | -156 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 7% | 15% | 24% | 21% | 15% | 11% | 12% | 13% | 13% | 14% | 14% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Apr - Listing Obligation and Disclosure Requirements) Regulations, 2015, please find the enclosed herewith the copies of Newspaper clippings of Audited Standalone and Consolidated Financial Results of …
- Audio Recording Of Earnings Conference Call For The Quarter And Financial Year Ended March 31, 2024 25 Apr
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
25 Apr - Investor Release on the Financial and Operational Performance of the Company for the Quarter and Financial Year ended March 31, 2024
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Announcement under Regulation 30 (LODR)-Investor Presentation
25 Apr - Investor Presentation on the Audited Standalone and Consolidated Financial Results for the Quarter and Financial Year ended March 31, 2024
- Board Meeting Outcome for Outcome Of Board Meeting Held On April 25, 2024 25 Apr
Annual reports
Concalls
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Apr 2024TranscriptNotesPPT
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Feb 2024Transcript PPT REC
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Nov 2023TranscriptPPT
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Feb 2023TranscriptPPT
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May 2019Transcript PPT
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Feb 2019Transcript PPT
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Nov 2018Transcript PPT
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Oct 2018TranscriptNotesPPT
Business Overview:[1]
Company is registered as a Housing Finance Company and is in the business of providing housing loans to customers belonging to low and middle income segment in semi-urban and rural areas, who may or may not have the income proof documents like IT return, salary slip.