| Metric | Value (₹ Cr) | vs Q2 FY26 |
|---|---|---|
| Revenue | 674.20 | 1.1% |
| Total Income | 674.62 | 1.1% |
| Expenditure | 455.29 | 0.2% |
| PBT | 219.32 | 3.8% |
| Net Profit | 170.05 | 3.7% |
| OPM | 74.83% | 0.31pp |
| NPM | 25.21% | 0.65pp |
| EPS | 21.48 | 3.7% |
AAVAS Financiers Ltd Reports 15% YoY Growth in AUM, 13% YoY Rise in PAT for Q3 FY26 for Quarter and Nine Months ended December 31, 2025
05 Feb 2026 · 5 Feb, 4:32 pm
Summary
AAVAS Financiers Ltd has reported a 15% YoY growth in Assets under Management (AuM) and a 13% YoY rise in Profit After Tax (PAT) for the quarter and nine months ended December 31, 2025. The company's Net Interest Margin (NIM) stands at 7.82% and the Net Stage 3 is at 0.79%.
Key Highlights
- 1
AAVAS Financiers Ltd reports 15% YoY growth in AUM, 13% YoY rise in PAT for Q3 FY26
- 2
Spread at 5.34% and NIM at 7.82%
- 3
Net Stage 3 at 0.79%; 1+ DPD at 3.80%
- 4
Assets under Management (AuM) of the company registered a growth of 15% to reach Rs. 222 bn as on 31-Dec-25
- 5
Net profit for Q3 FY26 grew by 16% YoY to Rs 1.70 bn
- 6
Spread continued to expand during the quarter, up by 40 bps YoY to 5.34%
- 7
NIM in absolute terms increased by 18% YoY in Q3FY26
- 8
Opex-to-Assets ratio declined 7 bps sequentially to 3.44%
- 9
Asset quality remains pristine, with 1+ DPD well below 5%
- 10
Net Worth continues to compound steadily, growing at 16% YoY
- 11
ROA improved by 6 bps YoY to 3.43% and ROE improved by 8 bps YoY to 14.29%
Management Comments
Mr. Sachinder Bhinder
Managing Director & Chief Executive Officer
In Q3 FY26, we accomplished a key milestone in our growth journey with the balance sheet surpassing Rs. 20,000 crores. Further the Company also completed its largest-ever NCD issuance, raising approximately Rs. 975 crore (USD 108 million) from a leading multilateral financial institution at a competitive cost, underscoring strong external confidence in its disciplined, quality-led growth strategy. Operationally, performance has normalized post the new disbursement recognition transition, with 10% QoQ growth in disbursements. AUM rose 15% YoY to Rs. 222 bn, supported by firm property prices and a favorable rate backdrop. Our technological transformation continues to drive meaningful improvements. As of Dec 2025, the turnaround time from login to sanction has been reduced to 6 days, a significant improvement from the earlier peak of 13 days. Our strong underwriting standards and tech-enabled collection efforts have enabled us to preserve and further the pristine asset quality of the portfolio despite the backdrop of an overall tight macro environment. As of Dec 2025, the 1+ days past due to metric stands at 3.80% down 19 bps QoQ, while Gross Stage 3 at 1.19% improved 5 bps QoQ. Government initiatives such as the Interest Subsidy Scheme (ISS) under PMAY 2.0, combined with a Supportive interest rate environment, continue to bolster homebuyer sentiment and improve affordability. I’m pleased to report that over 2,800 Aavas customers have benefited from these schemes, receiving subsidies totaling more than Rs 90 million.
Informational and educational content only. Not investment advice.