Flash Finance

Aavas Financiers LimitedAAVASBank / NBFC

Finance - Housing Latest results: Mar 2024 13 quarters of data
Consolidated Standalone
₹1,195.20
MCap ₹9,477 Cr · P/E 19.3
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹546 Cr
Interest Earned · Mar 2024
+21.3% YoY
—
Operating Profit · Mar 2024
₹142 Cr
Net Profit · Mar 2024
+11.8% YoY
₹18.00
EPS · Mar 2024
+12.2% YoY
0.94%
Gross NPA % · Mar 2024
0.67%
Net NPA % · Mar 2024

📝 Aavas Financiers Limited — results explained

Quarter ended March 2024 (Q4 FY24)

Aavas Financiers Limited reported total income of ₹547 crore for the quarter ended March 2024 (Q4 FY24), up 21.3% from ₹451 crore in the same quarter last year, and up 7.5% sequentially over the December 2023 quarter.

Of this, interest earned contributed ₹546 crore and other income ₹1 crore. Net interest income (interest earned minus interest expended of ₹222 crore) worked out to ₹324 crore.

Net profit rose 11.8% year-on-year to ₹142 crore, from ₹127 crore. Earnings per share (EPS) came in at ₹18.00.

On asset quality, gross NPA stood at 0.94% and net NPA at 0.67% (gross NPA was 0.92% a year ago).

Full year and trailing twelve months

For the full year FY24, Aavas Financiers Limited posted total income of ₹2,021 crore, a growth of 25.5% over FY23, with a net profit of ₹491 crore (up 14.2% year-on-year).

On a trailing-twelve-month (TTM) basis, total income stands at ₹2,021 crore with a net profit of ₹491 crore.

Valuation snapshot

At the current price of ₹1,195.20, AAVAS has a market capitalisation of ₹9,477 crore and a trailing P/E of about 19.3.

Within the Finance - Housing industry, it is the 2nd-largest of the 8 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 48.88%, foreign institutional investors (FIIs) 15.20%, domestic institutional investors (DIIs) 22.40%, public shareholders 13.53% of Aavas Financiers Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹9,477 Cr
Current Price ?
₹1,195.2
P/E ?
19.30above ind
Industry P/E ?
6.90
P/B ?
1.88
P/S ?
4.69
P/FCF ?
-6.68
Enterprise Value ?
N/A
EV/EBITDA ?
N/A
PEG ?
1.02
Earnings Yield ?
5.2%
Dividend Yield ?
0.00%
Profitability & Returns
Total Income (TTM) ?
₹2,021 Cr
OPM ?
N/A
Profit after tax (TTM) ?
₹491 Cr
EPS (TTM) ?
₹61.92
ROCE ?
N/A
ROE ?
9.7%
ROA ?
2.3%
Gross NPA % ?
0.94%
Net NPA % ?
0.67%
Growth
Total Income — latest qtr ?
₹547 Cr
PAT — latest qtr ?
₹142 Cr
YoY qtr sales growth ?
21.3%
YoY qtr profit growth ?
11.8%
Sales growth (3y) ?
22%
Sales growth (5y) ?
23%
Profit growth (3y) ?
19%
Profit growth (5y) ?
23%
Financial Health
Debt ?
N/A
Debt to Equity ?
N/A
Interest Coverage ?
N/A
Current Ratio ?
N/A
Ownership
Promoter holding ?
48.88%
Change in promoter holding ?
-0.08%
Pledged percentage ?
N/A
Market
Return 3 months ?
-19.3%
Return 6 months ?
-11.3%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024 YoY % QoQ %
Interest Earned 289272325343365353395411450467497508546 +21.3% +7.5%
Other Income 2010000110111 +0.0% +0.0%
Total Income 291272326343365353395412451467498509547 +21.3% +7.5%
Interest Expended 115113116125124135141150165187204217222 +34.5% +2.3%
Operating Profit ————————————— — —
Provisions ————————————— — —
Profit Before Tax 9574118115146114138138159141157150177 +11.3% +18.0%
Net Profit 8759928911589107107127110122117142 +11.8% +21.4%
EPS 11.147.5211.6511.2514.6311.2813.4913.5516.0413.8915.3814.7518.00 +12.2% +22.0%
Gross NPA % — — — — — — — — 0.92% 1.00% 1.04% 1.09% 0.94% — —
Net NPA % — — — — — — — — 0.68% 0.73% 0.76% 0.79% 0.67% — —
Capital Adequacy Ratio — — — — — — — — — — — — — — —

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY23 FY24 TTM YoY %
Interest Earned ₹1,609 Cr ₹2,018 Cr ₹2,018 Cr +25.4%
Other Income ₹2 Cr ₹3 Cr ₹3 Cr +50.0%
Total Income ₹1,611 Cr ₹2,021 Cr ₹2,021 Cr +25.5%
Interest Expended ₹591 Cr ₹830 Cr ₹830 Cr +40.4%
Net Interest Income ₹1,018 Cr ₹1,188 Cr ₹1,188 Cr +16.7%
Operating Profit — — — —
Provisions — — — —
Profit Before Tax ₹549 Cr ₹625 Cr ₹625 Cr +13.8%
Tax — — — —
Net Profit ₹430 Cr ₹491 Cr ₹491 Cr +14.2%
EPS ₹54.36 ₹62.02 ₹62.02 +14.1%

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 79797979 +0.0%
Reserves 3,1913,6944,2824,972 +16.1%
Borrowing 9,88712,41213,91815,686 +12.7%
Other Liabilities 254334339476 +40.4%
Total Liabilities 13,41116,51918,61821,212 +13.9%
Fixed Assets 78116134178 +32.8%
CWIP 2011100 -100.0%
Investments 123182230271 +17.8%
Other Assets 13,18916,21018,24420,764 +13.8%
Total Assets 13,41116,51918,61821,212 +13.9%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -1,920-2,001-1,660-1,386 +16.5%
Cash from Investing Activity 196-646176-117 -166.5%
Cash from Financing Activity 1,8582,4911,4751,720 +16.6%
Net Cash Flow 134-156-9217 +2511.1%
Free Cash Flow -1,958-2,032-1,688-1,418 +16.0%
CFO/OP -157%-126%-86%-62% +27.9%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
ROE % 14%14%14%14% +0.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 48.96%48.96%48.95%48.88%48.88% +0.0%
FIIs 29.77%25.88%24.72%16.74%15.20% -9.2%
DIIs 11.52%14.13%14.30%22.14%22.40% +1.2%
Public 9.75%11.02%12.04%12.24%13.53% +10.5%
No. of Shareholders 1,21,8621,22,0521,20,6951,17,9801,08,686 -7.9%

⚖️ Peer comparison

Industry: Finance - Housing · 8 companies · full page →
# Company CMP MCap (Cr) P/E Total Inc TTM NP TTM OPM% NPM% Inc YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 HOMEFIRST Home First ₹1,238.10 12,946 22.2 2,006 581 10.4% 29.0% 24.8% 41.4% 18.4% 34.3%
2 AAVAS Aavas Financiers ₹1,271.50 10,082 14.7 2,765 687 8.0% 24.9% 13.9% 14.1% 12.9% 23.2%
3 INDIASHLTR India Shelter ₹676.40 7,384 14.6 1,528 503 0.0% 32.9% 29.9% 33.1% 24.8% 27.8%
4 REPCOHOME Repco Home ₹331.95 2,077 4.3 1,822 482 8.1% 26.4% 4.3% 2.8% 6.3% 5.8%
5 GICHSGFIN GIC Housing ₹134.92 727 4.6 1,086 158 1.6% 14.6% 0.7% -3.7% 0.9% 44.0%
6 SRGHFL SRG Housing ₹117.35 184 5.4 211 34 4.7% 16.2% 29.2% 33.2% 26.6% 24.9%
7 CORALFINAC Coral India ₹32.40 131 9.1 15 14 77.5% 99.0% -27.2% -15.5% -18.8% -8.3%
8 RHFL Reliance Home ₹1.59 78 4.5 0 24 -1463.6% 10986.4% -64.5% 782.8% -100.0% 89.8%
❓ Frequently asked questions
What was Aavas Financiers Limited's total income in Q4 FY24?
Aavas Financiers Limited reported total income of ₹547 crore for the quarter ended March 2024 (Q4 FY24), up 21.3% from ₹451 crore in the same quarter last year, and up 7.5% sequentially over the December 2023 quarter.
What was Aavas Financiers Limited's net profit in Q4 FY24?
Net profit rose 11.8% year-on-year to ₹142 crore, from ₹127 crore. Earnings per share (EPS) came in at ₹18.00.
What is AAVAS's market capitalisation and P/E ratio?
At the current price of ₹1,195.20, AAVAS has a market capitalisation of ₹9,477 crore and a trailing P/E of about 19.3.
What are Aavas Financiers Limited's NPA levels?
On asset quality, gross NPA stood at 0.94% and net NPA at 0.67% (gross NPA was 0.92% a year ago).
Who owns Aavas Financiers Limited? (shareholding pattern)
As of Sep 2026, promoters held 48.88%, foreign institutional investors (FIIs) 15.20%, domestic institutional investors (DIIs) 22.40%, public shareholders 13.53% of Aavas Financiers Limited.
TTM ends 2024-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI