AAVAS Financiers Ltd
- Market Cap ₹ 12,585 Cr.
- Current Price ₹ 1,590
- High / Low ₹ 1,818 / 1,307
- Stock P/E 25.6
- 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
Cons
- Stock is trading at 3.33 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Revenue | 494 | 710 | 903 | 1,103 | 1,304 | 1,609 | 2,018 |
Interest | 193 | 255 | 356 | 458 | 478 | 591 | 828 |
162 | 188 | 226 | 274 | 352 | 442 | 534 | |
Financing Profit | 139 | 267 | 321 | 371 | 475 | 575 | 655 |
Financing Margin % | 28% | 38% | 36% | 34% | 36% | 36% | 32% |
1 | 1 | 1 | 2 | 1 | 2 | 3 | |
Depreciation | 6 | 10 | 20 | 21 | 24 | 29 | 33 |
Profit before tax | 134 | 258 | 302 | 353 | 453 | 548 | 625 |
Tax % | 31% | 32% | 18% | 18% | 22% | 22% | 22% |
93 | 176 | 249 | 289 | 355 | 430 | 491 | |
EPS in Rs | 13.45 | 22.54 | 31.80 | 36.80 | 45.00 | 54.36 | 62.00 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 22% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 19% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | -12% |
1 Year: | 12% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 14% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 |
2,755 | 3,653 | 5,382 | 6,378 | 8,012 | 9,887 | 12,398 | |
95 | 137 | 177 | 181 | 199 | 253 | 348 | |
Total Liabilities | 4,040 | 5,627 | 7,657 | 8,959 | 11,017 | 13,410 | 16,519 |
18 | 23 | 60 | 58 | 66 | 78 | 127 | |
CWIP | 0 | 0 | 1 | 0 | 2 | 20 | 0 |
Investments | 0 | 0 | 0 | 0 | 53 | 111 | 182 |
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 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
-933 | -1,276 | -1,172 | -1,071 | -1,135 | -1,914 | -1,987 | |
-218 | -327 | -342 | -265 | -463 | 186 | -647 | |
1,240 | 1,404 | 1,705 | 1,008 | 1,623 | 1,858 | 2,477 | |
Net Cash Flow | 90 | -198 | 191 | -328 | 26 | 130 | -156 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
ROE % | 12% | 13% | 13% | 14% | 14% | 14% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 May - Of Schedule of Investor/Analysts Meet under SEBI (LODR), Regulations 2015 to be held on May 16, 2024.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 May - Of Schedule of Investor/Analysts Meet under SEBI (LODR), Regulations 2015 to be held on May 09, 2024.
-
Announcement under Regulation 30 (LODR)-Change in Management
6 May - Disclosure under regulation 30 of SEBI (LODR) Regulations, 2015- Change in Senior Management Personnel
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
1 May - Secretarial Compliance Report for the Financial Year ended March 31, 2024.
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
30 Apr - Transcript of the Earnings Conference Call for the Quarter and Financial Year ended March 31, 2024.
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
Concalls
-
Apr 2024TranscriptPPT
-
Apr 2024Transcript PPT
-
Feb 2024Transcript PPT REC
-
Nov 2023TranscriptPPT
-
Oct 2023Transcript PPT REC
-
Oct 2023TranscriptNotesPPT
-
Aug 2023Transcript PPT REC
-
May 2023Transcript PPT
-
Feb 2023TranscriptPPT
-
Feb 2023Transcript PPT
-
Feb 2023TranscriptNotesPPT
-
Oct 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Feb 2022Transcript PPT
-
Nov 2021Transcript PPT
-
Aug 2021Transcript PPT
-
May 2021Transcript PPT
-
Feb 2021TranscriptPPT
-
Jan 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Aug 2020Transcript PPT
-
May 2020Transcript PPT
-
Jan 2020Transcript PPT
-
Nov 2019Transcript PPT
-
Aug 2019Transcript PPT
-
May 2019Transcript PPT
-
Feb 2019Transcript PPT
-
Nov 2018Transcript PPT
-
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.