AAVASFinancial Services

Aavas Financiers Limited

Housing Finance Company · ISIN INE216P01012 · BSE 541988 · NSE EQ · FV ₹10
Last price
₹1,292
+0.73%today
What this company does

Aavas Financiers Limited operates in Housing Finance Company, part of the Financial Services sector. It booked ₹546 cr of revenue in its latest quarter (Q4 FY24) and kept 26.1% of sales as profit. It is the 9th largest of 9 Housing Finance Company companies we track, by market value.

54out of 100
Equitytale Health Score
Mixed

Healthier than 54% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 95–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
40

At close. Not part of the score.

Profitability & returns66

How much profit it earns on the money it employs

Cash quality12

Whether reported profit actually arrives as cash

Growth & consistency68

Whether sales and profit have grown, and how steadily

Valuation6

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 26% net margin
Sales up 21% vs last year
Profit up 12% vs last year
Promoters hold 49%
No promoter shares pledged
Strong 15% return on equity
Watch-outs
! Carries high debt (D/E 2.9)
! Operating cash flow is negative

What if I invest in AAVAS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,292 +0.73%
latest close · 2026-09-17
1-year return
-45.9%
52-wk low ₹1,23452-wk high ₹3,340
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio17.9Average
LowAverageHigh
P/B ratio2.71Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity15.1%Strong
WeakFairStrong ▸15%
Net margin26.1%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity2.90High
LowModerateHigh ▸1
More figures
Market cap
₹10,223 cr
Book value
₹477
EPS
₹18.00
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
3.5%
Earnings yield
5.57%
P/S
4.68
Sales / share
₹276.0
Tax rate
19.7%
Face value
₹10
Shares
7.9 cr
Working capital
Current assets
Current liabilities
Delivery %
53.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹564 vs market price ₹1,292 — price is 129% above it
Safety cushion-129.2%(target ≥ +20%)
Models span ₹541₹586, midpoint ₹564
Model ₹564
Price ₹1,292
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q4 FY24 (consolidated)
Revenue from Operations₹546 cr
Other Income₹78.2 L
Total Income₹547 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹96 cr
Finance Costs₹222 cr
Depreciation & Amortisation₹9 cr
Other Expenses₹37 cr
Total Expenses₹369 cr
Profit before Tax₹177 cr
Tax Expense₹35 cr
Net Profit₹142 cr
Net margin on total income26.1%
Where the money goes · Q4 FY24
% of total income
Employee benefit expense₹96 cr17.5%
Finance costs₹222 cr40.5%
Depreciation & amortisation₹9 cr1.7%
Other expenses₹43 cr7.8%
Tax expense₹35 cr6.4%
Profit for the period₹142 cr26.1%
Total income ₹547 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ2 FY24Q3 FY24Q4 FY24
Revenue497 cr508 cr546 cr
Total income498 cr509 cr547 cr
Expenses340 cr359 cr369 cr
Profit before tax157 cr150 cr177 cr
Tax36 cr33 cr35 cr
Net profit (owners' share)122 cr117 cr142 cr
Net margin (owners' share, on revenue)24.5%23.0%26.1%
EPS (₹)15.3814.7518.00
YoY (latest quarter): total income +21.4% · net profit +12.3%
Balance sheet & cash flow · as of Mar 2024
High debt
Total assets
₹16,519 cr
Shareholder equity
₹3,773 cr
parent shareholders
Total debt
₹10,933 cr
Cash
₹21 cr
Cash flow · FY24
Operating
₹-1,987 cr
Investing
₹-647 cr
Financing
₹2,477 cr
Peer comparison
Housing Finance Company · by market value
CompanyPriceMarket capP/E
Bajaj Housing Finance Limited₹83₹68,879 cr24.0
LIC Housing Finance Limited₹546₹30,046 cr5.0
PNB Housing Finance Limited₹1,104₹28,756 cr12.9
Aadhar Housing Finance Limited₹469₹20,527 cr18.1
Sammaan Capital Limited₹142₹16,308 cr16.7
Home First Finance Company India Limited₹1,173₹12,264 cr19.2
Aptus Value Housing Finance India Limited₹239₹11,977 cr11.5
Can Fin Homes Limited₹774₹10,312 cr9.6
Aavas Financiers Limitedthis company₹1,292₹10,223 cr17.9
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
48.9%
FII / Foreign
16.3%
DII / Domestic
22.1%
Retail / others
12.7%
Promoter stake up 9.8% over the last 12 quarters.
Smart-money activity
Insider trades
SoldGHANSHYAM RAWAT · Employees/Designated Employees4,000 · ₹43.2 L30 Mar 26
SoldGHANSHYAM RAWAT · Employees/Designated Employees25,0001 Dec 25
SoldLake District Holdings Limited · Promoters1.23 cr · ₹2018.7 cr30 Jun 25
Bulk / block deals
short · NSE83 Sep 26
short · NSE2324 Jul 26
short · NSE115 Jul 26
Stake changes
SoldMitsubishi UFJ Financial Group, (MUFG)→ 4.08% · 24.49 L29 Aug 25
SoldPartners Group ESCL Ltd · promoter→ 0.00% · 59.79 L30 Jun 25
SoldLake District Holdings Ltd · promoter→ 0.00% · 1.23 cr30 Jun 25
Promoter pledges
PledgedNational Housing bank2.09 cr · 0.00% held30 Jun 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 16 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
2.56 cr votes for, 8 against · 0% of mutual funds and other big investors said no
2
To appoint Mr. Nikhil Omprakash Gahrotra (DIN: 01277756), as Director who retires by rotation and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 96% of shareholders other than promotersneeded 50%
2.46 cr votes for, 9.84 L against · 4% of mutual funds and other big investors said no
3
To appoint Mrs. Neha Sureka (DIN: 10759936), as Director who retires by rotation and being eligible, offers herself for re-appointment.
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
2.53 cr votes for, 3.11 L against · 1% of mutual funds and other big investors said no
4
To consider and approve Remuneration of Joint Statutory Auditors of the Company for the Financial Year 2026-27.
Backed by 100% of shareholders other than promotersneeded 50%
2.56 cr votes for, 8 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 2 named members
owning 48.9% between them · as of 2026-06-30
Aquilo House Pte. Ltd.48.88%
Aquilo Universe Pte. Ltd.no shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.