AAVAS Financiers Ltd

Aavas Financiers Ltd has informed the stock exchanges that it has dispatched a letter to shareholders whose email addresses are not registered. This letter provides the web-link and exact path to access the Annual Report for the Financial Year 2025-26 on the company's website. The 16th Annual General Meeting (AGM) is scheduled for September 16, 2026. The company is also reminding shareholders to update their email addresses for future electronic communication and has provided contact details for any queries.

AAVAS Financiers Ltd has announced its 16th Annual General Meeting (AGM) for the Financial Year 2025-26. The AGM will be held on Wednesday, September 16, 2026, at 03:00 P.M. (IST) via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The company has dispatched the Notice of AGM and the Annual Report for FY25-26 electronically to members whose email addresses are registered. For members without registered email addresses, a web-link to access the report on the company's website has been provided. The Annual Report, themed 'PEOPLE PERSEVERANCE PERFORMANCE', details the company's strategic pillars, financial highlights, and governance. The report is also available on the company's investor relations website.

AAVAS Financiers Ltd has announced its 16th Annual General Meeting (AGM) scheduled for Wednesday, September 16, 2026, at 03:00 P.M. (IST). The meeting will be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). Alongside the AGM notice, the company has also released its Annual Report for the Financial Year 2025-26. Both documents have been electronically dispatched to members whose email addresses are registered, with a web-link provided for others to access the Annual Report on the company's website. The report details the company's performance, strategic pillars, and financial statements for FY26.

Aavas Financiers Limited has announced the appointment of Mr. Vellur Gopalaraghavan Kannan as Chairperson and an Additional Director in the capacity of Non-Executive Independent Director, effective August 1, 2026. Mr. Kannan, a seasoned banking professional with over 40 years of experience in the BFSI sector, including leadership roles at State Bank of India, succeeds Mr. Sandeep Tandon. His appointment as Independent Director is for a term of five years, subject to shareholder approval. The company expressed gratitude to Mr. Tandon for his contributions. Mr. Kannan's extensive expertise spans credit, risk management, treasury, capital markets, and more.

AAVAS Financiers Ltd announced a significant change in its board leadership. Mr. Sandeep Tandon has resigned as Chairperson and Non-Executive Independent Director, effective July 31, 2026, citing personal and professional commitments. The company expressed gratitude for his contributions. Concurrently, Mr. Vellur Gopalaraghavan Kannan has been appointed as an Additional Director (Non-Executive Independent) and will also assume the role of Chairperson from August 1, 2026, for a one-year term. These changes necessitate a reconstitution of several board committees, including the Stakeholders Relationship Committee, IT Strategy Committee, Nomination and Remuneration Committee, and Audit Committee. The appointments are subject to shareholder approval.

Aavas Financiers Limited has successfully allotted 20,000 Senior, Secured, Rated, Listed, Transferable, Redeemable Non-Convertible Debentures (NCDs) aggregating to ₹200 crore. The allotment was approved by the Executive Committee of the Board of Directors via circular resolution on July 30, 2026. The NCDs have a face value of ₹1,00,000 each and a tenor of 3 years, maturing on July 30, 2029. The issue includes an anchor portion of ₹60 crore and a non-anchor portion of ₹140 crore, with a coupon rate of 7.80% per annum payable annually. The company received a total settlement amount of ₹2,00,22,40,000, including a premium of ₹22,40,000.

AAVAS Financiers Ltd's Executive Committee has approved the issuance of up to 20,000 Senior, Secured, Rated, Listed, Transferable, Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹200 Crores. The NCDs will be issued on a private placement basis and are proposed to be listed on the Wholesale Debt Market (WDM) segment of BSE Limited. The instrument will have a tenor of 3 years, with interest paid annually and principal repayment at maturity. A first-ranking exclusive charge of at least 100% will be created over identified receivables/loans/book debts as security.

AAVAS Financiers Ltd announced that its Board of Directors, in a meeting held on July 21, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. The results were reviewed and recommended by the Audit Committee, and the Limited Review Report from the joint statutory auditors, M/s. M S K A & Associates LLP and M/s. Borkar & Muzumdar, was also noted. The company also provided disclosures as per SEBI LODR Regulations, 2015. The board meeting commenced at 3:41 PM and concluded at 4:34 PM. The financial results and related reports will be available on the company's website.

Aavas Financiers Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a Profit After Tax (PAT) of ₹1.71 billion, marking a significant 23% year-on-year growth. Assets Under Management (AuM) increased by 15.4% to ₹239 billion. Net Interest Income (NII) saw a robust 18.2% YoY growth. The Net Interest Margin (NIM) improved to 7.70%, and the Cost to Income ratio decreased to 43.7%. Asset quality remained strong with Net NPA at 0.71% and 1+ DPD at 3.76%. The company also reported a 41% YoY growth in loan disbursals for the quarter.

Aavas Financiers (standalone; the HFC has no subsidiaries, so there is no consolidated print) reported Q1FY27 net profit of ₹171.27 Cr, up 23.0% YoY from ₹139.23 Cr, on total income of ₹709.10 Cr, up 12.9% YoY. Profit grew nearly twice as fast as the topline, lifting net profit margin to 24.15% from 22.17% a year ago — a clean case of YoY margin expansion. Sequentially the quarter looks softer (PAT −5.7%, revenue −0.8% vs the seasonally strong Q4FY26), but YoY is the true read here and it is firmly positive. EPS was ₹21.60 versus ₹17.59 a year ago. The margin story sits below the topline: net interest income rose ~18% YoY and NIM expanded ~22 bps to 7.70% (per the concall), while the cost-to-income ratio fell ~254 bps to 43.7%, so operating leverage — not a one-off — drove the profit beat over revenue. There were no exceptional items on either side, so the 23% growth is fully underlying. Asset quality stayed pristine: GNPA 1.11%, NNPA 0.71%, provision coverage 66.99%, CRAR a heavy 44.66% and LCR 163.89%. Against management's prior guidance the picture is mixed. On the last (Q4FY26) call, management targeted a re-acceleration to 20%-plus AUM growth and high-teens ROE while holding spreads above 5%. AUM grew 15.4% YoY to ₹23,930 Cr this quarter — below that 20% ambition — and management has now trimmed FY27 AUM guidance to 17-18% and flagged spreads slipping below 5%, to be offset by efficiency. ROE at 13.34% is climbing toward but not yet at the high-teens goal. So profitability and asset quality are ahead of plan; balance-sheet growth is running behind the stated re-acceleration. Disbursements were the bright spot, up ~41% YoY, which supports the AUM growth outlook into H2. No pre-result street consensus print was available to compare against. Alongside the results the board approved a ₹200 Cr NCD issuance and granted 470,000+ stock options; the company reiterated at-least 100% security cover on its listed NCDs. The quarter confirms the confident tone management struck last call on profitability and credit quality, but the growth re-acceleration they projected has not yet arrived — the trimmed AUM guidance is the honest tell.