- Valuation
- ₹13,150 Cr

About Aavas Financiers Limited
Data last updated:
Aavas Financiers Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the housing finance companies segment of the financial services sector. It was incorporated on 23 February 2011 and has been in existence for over 15 years.
Aavas Financiers is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L65922RJ2011PLC034297. Its GSTIN is 08AAJCA2237M1ZH (Rajasthan). The company holds 19 GST registrations, of which 13 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 541988 and NSE: AAVAS.
The company has an authorised share capital of ₹85 Cr and a paid-up capital of ₹79.3 Cr. It was formerly known as Aurum Housing Financiers Limited. It is led by directors including Manu Yeshpal Singh (Managing Director) and Soumya Rajan.
Its last annual general meeting (AGM) was held on 16 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 201 – 202 2nd Floor South End Square Mansarover Industrial Area Jaipur – 302, 020, Rajasthan, India – 302020.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹2,683.46 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹654.4 Cr (net margin 24.4%) and EBITDA of ₹1,977.03 Cr (EBITDA margin 73.7%). The net worth stands at ₹5,050.84 Cr (up 15.8% YoY). Total assets are valued at ₹20,736 Cr (up 13.4% YoY).
The company has about 7,953 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Au Housing Finance and AAVAS. As per MCA filings, the company has open charges of ₹26,649 Cr and satisfied charges of ₹7,514.68 Cr on record. Court records list 2,538 cases involving the company, including 2,326 filed by the company and 212 filed against it; 455 cases are pending. The company has 47 deals on record (29 market trades, 8 funding rounds, 7 secondary share transfers), with disclosed funding of ₹313.89 Cr; the latest was in January 2026. Its 6 peer companies in the BFSI industry (Housing Finance), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 4 smaller; the largest is Aadhar Housing Finance Limited with revenue of ₹2,586.98 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aavas.in.
Company details
Name history
Aavas Financiers has undergone 16 name changes throughout its history. The current legal name is Aavas Financiers Limited.
| Company Name | Status |
|---|---|
| Aavas Financiers Limited | Current |
| Aurum Housing Financiers Limited | Previous |
| Aurum Financiers Home Loan Limited | Previous |
| Aavas Housing Finance Limited | Previous |
| Aurum Housing Finance Limited | Previous |
| Aureus Housing Finance Limited | Previous |
| Aavas Home Financiers Limited | Previous |
| Au Housing Finance Private Limited | Previous |
| Aura Financiers Home Loan Limited | Previous |
| Aum Financiers Limited | Previous |
| Au Housing Finance Limited | Previous |
| Aum Housing Financiers Limited | Previous |
| Aurum Home Finance Limited | Previous |
| Aura Financiers Limited | Previous |
| Aurum Financiers Limited | Previous |
| Auh Housing Financiers Limited | Previous |
CIN history
Aavas Financiers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65922RJ2011PLC034297, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65922RJ2011PLC034297 | Current |
| U65922RJ2011PLC034297 | Previous |
| U65922RJ2011PTC034297 | Previous |
Recognitions & Rankings of Aavas Financiers
Contact details
Aavas Financiers Limited's registered office is in Jaipur, Rajasthan. Its website is aavas.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address201 – 202 2nd Floor South End Square Mansarover Industrial Area Jaipur – 302, 020, Rajasthan, India – 302020
- IndustryFinancial Services, Housing Finance Companies
To see the full contact details of Aavas Financiers Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Aavas Financiers is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Aavas Financiers Limited, buy the company report.
Financials of Aavas Financiers Limited
FY 2025-26 filings availableAavas Financiers Limited reported revenue of ₹2,683.46 Cr (up 14% YoY) for FY 2025-26.
Financial Highlights
FY 2023-24 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,018 | 1,609 | 1,304 | 1,103 | 903 | 710 | 494 |
| Revenue growth | +25.4% | +23.3% | +18.2% | +22.3% | +27.1% | +43.9% | - |
| EBITDA | 1,484 | 1,166 | 953 | 829 | 677 | 522 | 332 |
| EBITDA margin | +73.5% | +72.5% | +73.0% | +75.2% | +75.0% | +73.5% | +67.3% |
| Profit before tax | 625 | 548 | 453 | 353 | 302 | 258 | 134 |
| Net profit | 490 | 429 | 355 | 289 | 249 | 176 | 93.04 |
| Net profit margin | +24.3% | +26.7% | +27.2% | +26.2% | +27.6% | +24.8% | +18.9% |
| EPS (₹) | 62.00 | 54.35 | 45.00 | 36.80 | 31.80 | 22.54 | 13.45 |
| Balance sheet | |||||||
| Total assets | 16,172 | 13,157 | 10,818 | 8,779 | 7,480 | 5,490 | 3,952 |
| Net worth | 3,773 | 3,270 | 2,806 | 2,401 | 2,098 | 1,837 | 1,190 |
| Total debt | 12,398 | 9,887 | 8,012 | 6,378 | 5,382 | 3,653 | 2,755 |
| Cash & bank | 1,798 | 1,393 | 1,546 | 1,125 | 1,197 | 684 | 569 |
| Net working capital | 1,918 | 1,520 | 1,679 | 1,225 | 1,270 | 786 | 601 |
| Cash flow | |||||||
| Cash from operations | (1,987) | (1,914) | (1,135) | (1,071) | (1,172) | (1,276) | (933) |
| Cash from investing | (648) | 186 | (463) | (265) | (342) | (327) | (218) |
| Cash from financing | 2,477 | 1,858 | 1,623 | 1,008 | 1,705 | 1,404 | 1,240 |
| Particulars | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 546 | 508 | 497 | 467 | 450 | 411 | 395 | 353 |
| Revenue growth (YoY) | +21.4% | +23.5% | +25.8% | +32.3% | +23.2% | - | - | - |
| Other income | 0.78 | 1.19 | 0.78 | 0.04 | 0.71 | 0.71 | 0.33 | 0.09 |
| EBITDA | 407 | 374 | 368 | 335 | 332 | 294 | 285 | 255 |
| EBITDA margin | +74.6% | +73.6% | +74.0% | +71.7% | +73.7% | +71.5% | +72.2% | +72.3% |
| Depreciation | 9.10 | 8.65 | 7.63 | 7.28 | 8.68 | 6.90 | 6.92 | 6.23 |
| Interest | 222 | 217 | 204 | 187 | 165 | 150 | 141 | 135 |
| Profit before tax | 177 | 150 | 157 | 141 | 159 | 138 | 138 | 114 |
| Tax | 34.88 | 33.09 | 35.70 | 31.01 | 31.84 | 30.65 | 30.91 | 25.39 |
| Net profit | 142 | 117 | 122 | 110 | 127 | 107 | 107 | 89.04 |
| EPS (₹) | 17.98 | 14.73 | 15.37 | 13.87 | 16.01 | 13.52 | 13.46 | 11.24 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,683 | 2,355 | 2,018 | 1,608 | 1,304 | 1,103 | 902 |
| Revenue growth | +14.0% | +16.7% | +25.4% | +23.3% | +18.2% | +22.3% | - |
| EBITDA | 1,977 | 1,773 | 1,483 | 1,167 | 955 | 830 | 677 |
| EBITDA margin | +73.7% | +75.3% | +73.5% | +72.6% | +73.2% | +75.2% | +75.0% |
| Profit before tax | 840 | 733 | 624 | 549 | 455 | 353 | 302 |
| Net profit | 654 | 574 | 490 | 430 | 357 | 289 | 249 |
| Net profit margin | +24.4% | +24.4% | +24.3% | +26.7% | +27.4% | +26.2% | +27.6% |
| EPS (₹) | 82.60 | 72.53 | 62.00 | 54.40 | 45.20 | 36.88 | 31.81 |
| Balance sheet | |||||||
| Total assets | 20,736 | 18,279 | 16,185 | 13,157 | 10,821 | 8,779 | 7,480 |
| Net worth | 5,051 | 4,361 | 3,773 | 3,270 | 2,809 | 2,401 | 2,098 |
| Total debt | 15,686 | 13,918 | 12,412 | 9,887 | 8,012 | 6,378 | 5,382 |
| Cash & bank | 1,843 | 1,560 | 1,798 | 1,382 | 1,530 | 1,121 | 1,192 |
| Net working capital | 2,015 | 1,751 | 1,932 | 1,509 | 1,667 | 1,221 | 1,266 |
| Cash flow | |||||||
| Cash from operations | (1,386) | (1,660) | (2,001) | (1,920) | (1,136) | (1,071) | (1,172) |
| Cash from investing | (117) | 176 | (646) | 196 | (467) | (265) | (342) |
| Cash from financing | 1,720 | 1,475 | 2,491 | 1,858 | 1,623 | 1,008 | 1,705 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 736 | 709 | 715 | 674 | 667 | 628 | 636 | 597 |
| Revenue growth (YoY) | +10.4% | +12.9% | +12.3% | +13.0% | +15.2% | +15.7% | - | - |
| Other income | 0.47 | 0.38 | 0.15 | 0.42 | 0.43 | 0.37 | 1.28 | 1.18 |
| Total expenses | 184 | 185 | 199 | 170 | 170 | 168 | 170 | 142 |
| EBITDA | 553 | 523 | 516 | 504 | 497 | 459 | 466 | 455 |
| EBITDA margin | +75.1% | +73.9% | +72.2% | +74.8% | +74.5% | +73.2% | +73.3% | +76.3% |
| Depreciation | 12.17 | 11.05 | 11.95 | 11.11 | 10.71 | 9.34 | 9.79 | 9.22 |
| Interest | 305 | 293 | 273 | 274 | 276 | 271 | 265 | 259 |
| Profit before tax | 236 | 220 | 231 | 219 | 211 | 179 | 193 | 188 |
| Tax | 54.08 | 48.84 | 49.10 | 49.27 | 47.29 | 39.89 | 39.55 | 41.97 |
Financial Statements
| Particulars | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 546 | 508 | 497 | 467 | 450 | 411 | 395 | 353 |
| Revenue growth (YoY) | +21.4% | +23.5% | +25.8% | +32.3% | +23.2% | - | - | - |
| Other income | 0.78 | 1.19 | 0.78 | 0.04 | 0.71 | 0.71 | 0.33 | 0.09 |
| EBITDA | 407 | 374 | 368 | 335 | 332 | 294 | 285 | 255 |
| EBITDA margin | +74.6% | +73.6% | +74.0% | +71.7% | +73.7% | +71.5% | +72.2% | +72.3% |
| Depreciation | 9.10 | 8.65 | 7.63 | 7.28 | 8.68 | 6.90 | 6.92 | 6.23 |
| Interest | 222 | 217 | 204 | 187 | 165 | 150 | 141 | 135 |
| Profit before tax | 177 | 150 | 157 | 141 | 159 | 138 | 138 | 114 |
| Tax | 34.88 | 33.09 | 35.70 | 31.01 | 31.84 | 30.65 | 30.91 | 25.39 |
| Net profit | 142 | 117 | 122 | 110 | 127 | 107 | 107 | 89.04 |
| EPS (₹) | 17.98 | 14.73 | 15.37 | 13.87 | 16.01 | 13.52 | 13.46 | 11.24 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,018 | 1,609 | 1,304 | 1,103 | 903 | 710 | 494 |
| Revenue growth | +25.4% | +23.3% | +18.2% | +22.3% | +27.1% | +43.9% | - |
| Other income | 2.80 | 1.84 | 1.20 | 2.16 | 0.80 | 1.00 | 0.91 |
| Total expenses | 534 | 442 | 352 | 274 | 226 | 188 | 162 |
| Employee cost | 356 | 302 | 234 | 173 | 147 | 117 | 112 |
| EBITDA | 1,484 | 1,166 | 953 | 829 | 677 | 522 | 332 |
| EBITDA margin | +73.5% | +72.5% | +73.0% | +75.2% | +75.0% | +73.5% | +67.3% |
| Depreciation | 32.66 | 28.72 | 23.76 | 20.61 | 19.56 | 9.72 | 5.63 |
| Interest | 828 | 591 | 478 | 458 | 356 | 255 | 193 |
| Profit before tax | 625 | 548 | 453 | 353 | 302 | 258 | 134 |
| Tax | 135 | 119 | 97.51 | 63.63 | 52.89 | 81.82 | 41.21 |
| Net profit | 490 | 429 | 355 | 289 | 249 | 176 | 93.04 |
| Net profit margin | +24.3% | +26.7% | +27.2% | +26.2% | +27.6% | +24.8% | +18.9% |
| EPS (₹) | 62.00 | 54.35 | 45.00 | 36.80 | 31.80 | 22.54 | 13.45 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 79.14 | 79.06 | 78.94 | 78.50 | 78.32 | 78.11 | 69.17 |
| Reserves & surplus | 3,694 | 3,191 | 2,727 | 2,322 | 2,020 | 1,759 | 1,121 |
| Shareholders' funds (net worth) | 3,773 | 3,270 | 2,806 | 2,401 | 2,098 | 1,837 | 1,190 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 11,878 | 9,233 | 7,316 | 6,047 | 5,054 | 3,355 | 2,653 |
| Unsecured loans | 520 | 654 | 696 | 331 | 328 | 298 | 102 |
| Total debt | 12,398 | 9,887 | 8,012 | 6,378 | 5,382 | 3,653 | 2,755 |
| Total liabilities | 16,172 | 13,157 | 10,818 | 8,779 | 7,480 | 5,490 | 3,952 |
| Assets | |||||||
| Gross block | 254 | 188 | 148 | 118 | 99.71 | 43.38 | 29.60 |
| Net block | 116 | 78.37 | 66.16 | 58.26 | 59.90 | 22.82 | 18.43 |
| Capital work in progress | 11.21 | 20.37 | 2.10 | 0.41 | 0.71 | 0.09 | 0.03 |
| Investments | 182 | 111 | 52.52 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 12.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 1,798 | 1,393 | 1,546 | 1,125 | 1,197 | 684 | 569 |
| Loans & advances | 396 | 331 | 298 | 252 | 219 | 196 | 109 |
| Total current assets | 2,206 | 1,724 | 1,843 | 1,377 | 1,416 | 880 | 678 |
| Total current liabilities | 288 | 203 | 164 | 152 | 145 | 93.88 | 76.90 |
| Net working capital | 1,918 | 1,520 | 1,679 | 1,225 | 1,270 | 786 | 601 |
| Total assets | 16,172 | 13,157 | 10,818 | 8,779 | 7,480 | 5,490 | 3,952 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Opening cash | 178 | 47.81 | 22.10 | 351 | 160 | 358 | 269 |
| Net cash from operating activities | (1,987) | (1,914) | (1,135) | (1,071) | (1,172) | (1,276) | (933) |
| Net cash from investing activities | (648) | 186 | (463) | (265) | (342) | (327) | (218) |
| Net cash from financing activities | 2,477 | 1,858 | 1,623 | 1,008 | 1,705 | 1,404 | 1,240 |
| Net change in cash | (157) | 130 | 25.71 | (328) | 191 | (198) | 89.89 |
| Closing cash | 1,798 | 1,393 | 1,546 | 1,125 | 1,197 | 684 | 569 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +25.4% | +23.3% | +18.2% | +22.3% | +27.1% | +43.9% | - |
| EBITDA growth | +27.2% | +22.4% | +14.9% | +22.5% | +29.7% | +57.2% | - |
| PBT growth | +14.0% | +21.1% | +28.4% | +16.8% | +17.1% | +92.1% | +9997.0% |
| Net income growth | +14.2% | +20.9% | +23.0% | +16.0% | +41.5% | +89.2% | - |
| Revenue CAGR (3Y) | +22.3% | +21.3% | +22.5% | +30.8% | - | - | - |
| EBITDA CAGR (3Y) | +21.4% | +19.9% | +22.2% | +35.7% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +24.3% | +26.7% | +27.2% | +26.2% | +27.6% | +24.8% | +18.9% |
| Return on capital employed | +9.9% | +9.5% | +9.5% | +10.0% | +10.2% | +10.9% | +8.3% |
| Return on net worth | +13.9% | +14.1% | +13.6% | +12.8% | +12.7% | +11.6% | +7.8% |
| Debt / equity | 3.16 | 2.95 | 2.76 | 2.61 | 2.30 | 2.12 | 2.32 |
| Long-term debt / equity | 3.14 | 2.94 | 2.76 | 2.60 | 2.27 | 2.08 | 2.27 |
| Interest cover | 57.09 | 51.95 | 51.40 | 56.67 | 54.18 | 49.86 | 59.15 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 62.00 | 54.35 | 45.00 | 36.80 | 31.80 | 22.54 | 13.45 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 476.79 | 413.57 | 355.48 | 305.82 | 267.85 | 235.19 | 172.01 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 736 | 709 | 715 | 674 | 667 | 628 | 636 | 597 |
| Revenue growth (YoY) | +10.4% | +12.9% | +12.3% | +13.0% | +15.2% | +15.7% | - | - |
| Other income | 0.47 | 0.38 | 0.15 | 0.42 | 0.43 | 0.37 | 1.28 | 1.18 |
| Total expenses | 184 | 185 | 199 | 170 | 170 | 168 | 170 | 142 |
| EBITDA | 553 | 523 | 516 | 504 | 497 | 459 | 466 | 455 |
| EBITDA margin | +75.1% | +73.9% | +72.2% | +74.8% | +74.5% | +73.2% | +73.3% | +76.3% |
| Depreciation | 12.17 | 11.05 | 11.95 | 11.11 | 10.71 | 9.34 | 9.79 | 9.22 |
| Interest | 305 | 293 | 273 | 274 | 276 | 271 | 265 | 259 |
| Profit before tax | 236 | 220 | 231 | 219 | 211 | 179 | 193 | 188 |
| Tax | 54.08 | 48.84 | 49.10 | 49.27 | 47.29 | 39.89 | 39.55 | 41.97 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,683 | 2,355 | 2,018 | 1,608 | 1,304 | 1,103 | 902 |
| Revenue growth | +14.0% | +16.7% | +25.4% | +23.3% | +18.2% | +22.3% | - |
| Other income | 1.38 | 3.91 | 2.80 | 1.84 | 1.20 | 2.16 | 0.80 |
| Total expenses | 706 | 582 | 535 | 441 | 349 | 273 | 225 |
| Employee cost | 470 | 378 | 356 | 301 | 232 | 172 | 147 |
| EBITDA | 1,977 | 1,773 | 1,483 | 1,167 | 955 | 830 | 677 |
| EBITDA margin | +73.7% | +75.3% | +73.5% | +72.6% | +73.2% | +75.2% | +75.0% |
| Depreciation | 43.11 | 36.45 | 32.66 | 28.72 | 23.76 | 20.60 | 19.56 |
| Interest | 1,095 | 1,007 | 828 | 591 | 478 | 458 | 356 |
| Profit before tax | 840 | 733 | 624 | 549 | 455 | 353 | 302 |
| Tax | 186 | 158 | 134 | 119 | 98.06 | 63.83 | 52.92 |
| Net profit | 654 | 574 | 490 | 430 | 357 | 289 | 249 |
| Net profit margin | +24.4% | +24.4% | +24.3% | +26.7% | +27.4% | +26.2% | +27.6% |
| EPS (₹) | 82.60 | 72.53 | 62.00 | 54.40 | 45.20 | 36.88 | 31.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 79.28 | 79.15 | 79.14 | 79.06 | 78.94 | 78.50 | 78.32 |
| Reserves & surplus | 4,972 | 4,282 | 3,694 | 3,191 | 2,729 | 2,323 | 2,020 |
| Shareholders' funds (net worth) | 5,051 | 4,361 | 3,773 | 3,270 | 2,809 | 2,401 | 2,098 |
| Secured loans | 15,124 | 13,439 | 11,890 | 9,233 | 7,316 | 6,047 | 5,054 |
| Unsecured loans | 561 | 480 | 522 | 654 | 696 | 331 | 328 |
| Total debt | 15,686 | 13,918 | 12,412 | 9,887 | 8,012 | 6,378 | 5,382 |
| Total liabilities | 20,736 | 18,279 | 16,185 | 13,157 | 10,821 | 8,779 | 7,480 |
| Assets | |||||||
| Gross block | 369 | 303 | 254 | 188 | 148 | 118 | 99.70 |
| Net block | 169 | 134 | 116 | 78.36 | 66.16 | 58.26 | 59.89 |
| Capital work in progress | 9.26 | 10.40 | 11.21 | 20.37 | 2.10 | 0.41 | 0.71 |
| Investments | 271 | 230 | 182 | 123 | 67.52 | 4.50 | 4.50 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 14.89 | 11.37 | 12.22 | 1.22 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 1,843 | 1,560 | 1,798 | 1,382 | 1,530 | 1,121 | 1,192 |
| Loans & advances | 533 | 444 | 396 | 330 | 301 | 253 | 219 |
| Total current assets | 2,391 | 2,015 | 2,206 | 1,712 | 1,831 | 1,374 | 1,411 |
| Total current liabilities | 376 | 264 | 274 | 203 | 164 | 152 | 145 |
| Net working capital | 2,015 | 1,751 | 1,932 | 1,509 | 1,667 | 1,221 | 1,266 |
| Total assets | 20,736 | 18,279 | 16,185 | 13,157 | 10,821 | 8,779 | 7,480 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 11.31 | 20.56 | 177 | 42.31 | 21.89 | 350 | 160 |
| Net cash from operating activities | (1,386) | (1,660) | (2,001) | (1,920) | (1,136) | (1,071) | (1,172) |
| Net cash from investing activities | (117) | 176 | (646) | 196 | (467) | (265) | (342) |
| Net cash from financing activities | 1,720 | 1,475 | 2,491 | 1,858 | 1,623 | 1,008 | 1,705 |
| Net change in cash | 217 | (9.25) | (156) | 134 | 20.42 | (328) | 191 |
| Closing cash | 1,843 | 1,560 | 1,798 | 1,382 | 1,530 | 1,121 | 1,192 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +14.0% | +16.7% | +25.4% | +23.3% | +18.2% | +22.3% | - |
| EBITDA growth | +11.5% | +19.6% | +27.1% | +22.2% | +15.1% | +22.6% | - |
| PBT growth | +14.7% | +17.3% | +13.8% | +20.7% | +28.7% | +17.0% | +17.2% |
| Net income growth | +14.1% | +16.9% | +14.1% | +20.5% | +23.3% | +16.2% | - |
| Revenue CAGR (3Y) | +18.6% | +21.8% | +22.3% | +21.3% | +22.5% | +30.8% | +43.5% |
| EBITDA CAGR (3Y) | +19.2% | +22.9% | +21.3% | +19.9% | +22.3% | +35.7% | +42.7% |
| Profitability & leverage | |||||||
| Net income margin | +24.4% | +24.4% | +24.3% | +26.7% | +27.4% | +26.2% | +27.6% |
| Return on capital employed | +9.9% | +10.1% | +9.9% | +9.5% | +9.5% | +10.0% | +10.2% |
| Return on net worth | +13.9% | +14.1% | +13.9% | +14.2% | +13.7% | +12.9% | +12.7% |
| Debt / equity | 3.15 | 3.24 | 3.17 | 2.94 | 2.76 | 2.61 | 2.30 |
| Long-term debt / equity | 3.11 | 3.21 | 3.14 | 2.94 | 2.76 | 2.60 | 2.27 |
| Interest cover | 56.61 | 58.03 | 57.13 | 51.93 | 51.28 | 56.61 | 54.17 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 82.60 | 72.53 | 62.00 | 54.40 | 45.20 | 36.88 | 31.81 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 637.07 | 550.93 | 476.79 | 413.57 | 355.76 | 305.89 | 267.85 |
To see the full year-wise statements and ratios of Aavas Financiers Limited, buy the company report.
Board of directors of Aavas Financiers Limited
Aavas Financiers has 9 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Soumya Rajan Also directs: Mukund Rajan Consultants LLP, Waterfield Sponsor LLP, Vishal Mega Mart Limited and 5 more | Director | 29 Aug 2019 | 7 Years 2 Months | Current |
| Rohit Ranjan | Nominee Director | 15 Oct 2025 | 1 Years 0 Months | Current |
| Neha Sureka Also directs: Cohizon Life Sciences Limited | Nominee Director | 30 Jun 2025 | 1 Years 4 Months | Current |
| Siddharth Tapaswin Patel | Nominee Director | 30 Jun 2025 | 1 Years 4 Months | Current |
| Nikhil Omprakash Gahrotra | Nominee Director | 30 Jun 2025 | 1 Years 4 Months | Current |
| Sanjeev Srinivasan Also directs: Anaira Intelligent Technologies Private Limited | Additional Director | 19 Sep 2026 | 0 Years 1 Months | Current |
Peer comparison
Aavas Financiers Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Housing Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aavas Financiers Limitedthis company | ₹2,683.46 Cr (FY 2026) | ₹654.4 Cr | 24.4% | 14.0% | 7,953 | Jaipur, Rajasthan, India |
| Aadhar Housing Finance Limited | ₹2,586.98 Cr (FY 2024) | 27.0% | Bangalore, Karnataka, India | |||
| Gruh Finance Limited | ₹2,026.64 Cr (FY 2019) | 20.0% | Ahmedabad, Gujarat, India | |||
| Repco Home Finance Limited | ₹1,720.76 Cr (FY 2025) | 12.0% | Chennai, Tamil Nadu, India | |||
| Truhome Finance Limited | ₹1,429.57 Cr (FY 2024) | 82.0% | Chennai, Tamil Nadu, India | |||
| Aptus Value Housing Finance India Limited | ₹1,416.84 Cr (FY 2024) | 25.0% | Chennai, Tamil Nadu, India | |||
| L&T Housing Finance Limited | ₹1,323.1 Cr (FY 2020) | -12.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Aavas Financiers Limited, buy the company report.
Auditor
Aavas Financiers Limited is audited by S.R. BATLIBOI & ASSOCIATES LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & ASSOCIATES LLP | FY 2019 | 101049W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 48.90%, foreign institutional investors hold 16.30%, domestic institutional investors hold 22.10% and retail and other public shareholders hold 12.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 48.90% | 48.90% | 49.00% | 49.00% |
| Public | 51.10% | 51.10% | 51.00% | 51.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2026 | 101403235 | Indian Overseas Bank | ₹13.9 Lakh | Open | |
| 10 Sep 2026 | 101395369 | Others | ₹100 Cr | Open | |
| 24 Aug 2026 | 101381416 | Indian Overseas Bank | ₹8.29 Lakh | Open | |
| 07 Aug 2026 | 101376400 | Others | ₹250 Cr | Open | |
| 29 Jul 2026 | 101367940 | Others | ₹200 Cr | Open |
To see the full charge records of Aavas Financiers Limited, buy the company report.
Total charge records: 370 View all charges
Deals & funding
Aavas Financiers Limited has 47 deals on record (29 market trades, 8 funding rounds, 7 secondary share transfers), with disclosed funding of ₹313.89 Cr; the latest was in January 2026.
Deals on record (5 of 47)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Market trade | ₹138.74 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Apr 2024 | Market trade | ₹70.01 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Aug 2021 | Market trade | ₹1,502.42 Cr | Buyer: GIC Singapore, Hdfc Mutual Fund, Hdfc Standard Life Insurance Co Ltd Seller: Partners Group Escl Ltd, Partners Group Private Equity (Master Fund),Llc |
| Nov 2020 | Market trade | ₹530.31 Cr | Buyer: Nomura India Investment Fund Mother Fund, Sbi Life Insurance Company Limited Seller: Au Small Finance Bank Limited |
| Jun 2019 | Market trade | ₹80.75 Cr | Seller: Au Small Finance Bank Limited |
To see the full deal history of Aavas Financiers Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aavas Financiers Limited has 2,538 court cases on record: 2,326 filed by Aavas Financiers, 212 filed against it. 455 cases are pending and 2,083 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2,274 | 88 | 382 |
| High courts | 262 | 124 | 72 |
| Supreme Court | 2 | 0 | 1 |
Cases on record (5 of 2,538)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, South, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, Chandigarh | Court case (COMI) | Filed against the company by an individual | Pending |
| District court, Fatehabad, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Aavas Financiers Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Aavas Financiers Limited was last rated by Care on 13 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 13 Sep 2022 |
To see the full credit ratings and regulatory alerts of Aavas Financiers Limited, buy the company report.
MSME payment delays
Aavas Financiers Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| NFX Digital Private Limited |
To see the full MSME payment records of Aavas Financiers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Aavas Financiers has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Aavas Finserv Limited | U65929RJ2017PLC059623 |
To see the full group structure of Aavas Financiers Limited, buy the company report.
Employees & EPFO
Aavas Financiers Limited has a workforce of 7,953 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 7,953 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Aavas Financiers Limited, buy the company report.
GST
Aavas Financiers has 19 GST registrations: 13 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAJCA2237M1ZH | Rajasthan | Active | 01 Jul 2017 |
| 08AAJCA2237M2ZG | Rajasthan | Active | 25 Aug 2017 |
| 06AAJCA2237M2ZK | Haryana | Active | 01 Jul 2017 |
| 09AAJCA2237M2ZE | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aavas Financiers Limited, buy the company report.
Recent activity
Aavas Financiers Limited has 35 board changes on record since 2011: 24 appointments and 11 cessations. The latest: Manu Yeshpal Singh was appointed as Managing Director on 19 Sep 2026.
655 earlier events are in the company report.
News
Frequently asked questions
Aavas Financiers is an active public limited company based in Jaipur, Rajasthan, India. The company works in housing finance companies, within the financial services industry. It was incorporated on 23 February 2011 (15+ years old) and is registered under CIN L65922RJ2011PLC034297. Listed on BSE: 541988 and NSE: AAVAS.
Aavas Financiers reported revenue of ₹2,683.46 Cr for FY 2025-26 (up 14% YoY) based on standalone financials.
Aavas Financiers has 9 current directors:
- Manu Yeshpal Singh - Managing Director
- Soumya Rajan - Director
- Rohit Ranjan - Nominee Director
- Neha Sureka - Nominee Director
- Siddharth Tapaswin Patel - Nominee Director
- Nikhil Omprakash Gahrotra - Nominee Director
- Sanjeev Srinivasan - Additional Director
- Vellur Gopalaraghavan Kannan - Director
- Vivek Anant Karve - Director
The latest financial statements of Aavas Financiers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Aavas Financiers is 08AAJCA2237M1ZH, registered in Rajasthan. The company has 19 GST registrations in all, of which 13 are active and 6 are cancelled or inactive. Other active GSTINs include 08AAJCA2237M2ZG (Rajasthan), 06AAJCA2237M2ZK (Haryana), 09AAJCA2237M2ZE (Uttar Pradesh).
The CIN (Corporate Identification Number) of Aavas Financiers is L65922RJ2011PLC034297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Aavas Financiers is a listed company as per MCA records. Its shares are listed on both BSE (code: 541988) and NSE (symbol: AAVAS).
Aavas Financiers has 2,538 court cases on record: 2,326 filed by the company and 212 filed against it. 455 are pending. Most are in the district courts.
Aavas Financiers was incorporated on 23 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Jaipur.
Aavas Financiers has 47 deals on record (29 market trades, 8 funding rounds, 7 secondary share transfers), with disclosed funding of ₹313.89 Cr; the latest was in January 2026.
The peers of Aavas Financiers by revenue are Aadhar Housing Finance Limited, Gruh Finance Limited, Repco Home Finance Limited, Truhome Finance Limited, Aptus Value Housing Finance India Limited and 1 more, all in the BFSI industry (Housing Finance), with the same principal business activity (other financial activities).
Manu Yeshpal Singh was appointed as Managing Director on 19 Sep 2026. Sanjeev Srinivasan was appointed as Additional Director on 19 Sep 2026. Vellur Gopalaraghavan Kannan was appointed as Director on 01 Aug 2026. Aavas Financiers has 35 board changes on record in total.

