AAVAS Financiers Ltd

AAVAS Financiers Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

AAVAS Financiers Ltd

₹ 1,542 -0.52%
16 Apr - close price
aavas.in BSE: 541988 NSE : AAVAS
About

Incorporated in 2011, Aavas Financiers Ltd provides housing loans & advances[1]

Key Points

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.

Website BSE NSE
  • Market Cap ₹ 12,201 Cr.
  • Current Price ₹ 1,542
  • High / Low ₹ 1,832 / 1,307
  • Stock P/E 25.7
  • Book Value ₹ 444
  • Dividend Yield 0.00 %
  • ROCE 9.50 %
  • ROE 14.1 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has delivered good profit growth of 35.8% CAGR over last 5 years

Cons

  • Stock is trading at 3.47 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 13.6% over last 3 years.
  • Company might be capitalizing the interest cost
  • Promoter holding has decreased over last 3 years: -11.0%

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Revenue 310 289 272 325 343 365 353 395 411 450 467 497 508
Interest 117 115 113 116 125 124 135 141 150 165 187 204 217
78 76 80 86 97 89 98 110 117 118 132 129 134
Financing Profit 116 98 79 123 120 153 121 144 144 167 148 164 157
Financing Margin % 37% 34% 29% 38% 35% 42% 34% 37% 35% 37% 32% 33% 31%
0 2 0 1 0 0 0 0 1 1 0 1 1
Depreciation 5 5 5 6 6 7 6 7 7 9 7 8 9
Profit before tax 110 95 74 118 115 146 114 138 138 159 141 157 150
Tax % 23% 8% 20% 22% 23% 21% 22% 22% 22% 20% 22% 23% 22%
85 87 59 92 89 115 89 107 107 127 110 122 117
EPS in Rs 10.90 11.14 7.52 11.65 11.25 14.63 11.28 13.49 13.55 16.05 13.89 15.38 14.75
Gross NPA %
Net NPA %
Raw PDF
Upcoming result date: 25 April 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Revenue 494 710 903 1,103 1,304 1,609 1,922
Interest 193 255 356 458 478 591 772
162 188 226 274 352 442 514
Financing Profit 139 267 321 371 475 575 636
Financing Margin % 28% 38% 36% 34% 36% 36% 33%
1 1 1 2 1 2 3
Depreciation 6 10 20 21 24 29 32
Profit before tax 134 258 302 353 453 548 607
Tax % 31% 32% 18% 18% 22% 22%
93 176 249 289 355 430 475
EPS in Rs 13.45 22.54 31.80 36.80 45.00 54.36 60.07
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 27%
3 Years: 21%
TTM: 26%
Compounded Profit Growth
10 Years: %
5 Years: 36%
3 Years: 20%
TTM: 14%
Stock Price CAGR
10 Years: %
5 Years: 6%
3 Years: -13%
1 Year: -14%
Return on Equity
10 Years: %
5 Years: 13%
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 Sep 2023
Equity Capital 69 78 78 78 79 79 79
Reserves 1,121 1,759 2,020 2,322 2,728 3,191 3,434
2,755 3,653 5,382 6,378 8,012 9,887 11,200
95 137 177 181 199 253 325
Total Liabilities 4,040 5,627 7,657 8,959 11,017 13,410 15,038
18 23 60 58 66 78 114
CWIP 0 0 1 0 2 20 0
Investments 0 0 0 0 53 111 141
4,022 5,604 7,596 8,901 10,897 13,200 14,782
Total Assets 4,040 5,627 7,657 8,959 11,017 13,410 15,038

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-933 -1,276 -1,172 -1,071 -1,135 -1,914
-218 -327 -342 -265 -463 186
1,240 1,404 1,705 1,008 1,623 1,858
Net Cash Flow 90 -198 191 -328 26 130

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
ROE % 12% 13% 13% 14% 14%

Shareholding Pattern

Numbers in percentages

21 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
50.08% 50.07% 39.22% 39.21% 39.20% 39.19% 39.16% 39.15% 39.14% 39.13% 39.11% 39.10%
31.86% 32.13% 39.81% 40.05% 39.91% 39.03% 37.67% 37.91% 38.83% 35.01% 35.49% 32.32%
8.49% 8.11% 10.12% 9.99% 9.89% 10.21% 11.01% 10.91% 12.49% 14.34% 14.13% 15.29%
9.57% 9.69% 10.85% 10.75% 11.00% 11.57% 12.16% 12.03% 9.53% 11.51% 11.24% 13.29%
No. of Shareholders 25,93530,15442,33542,77750,24854,26158,40962,63160,38894,7881,07,7181,32,644

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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