Aavas Financiers Posts Q1 FY26 Results; Board Approves Unaudited Figures, Notes 100% Security on NCDs
AAVAS FINANCIERS LIMITED announced the approval of its Unaudited Financial Results for the Quarter ended June 30, 2026. The results were reviewed and recommended by the Audit Committee and approved by the Board of Directors during a meeting held on July 21, 2026.The company’s financial performance for the quarter showed Total Income reaching 70,909.57 (INR in lakh), with profit before tax standing at 22,010.40. The period saw total expenses of 48,899.17, leading to a profit for the period of 17,126.81.
Financial Highlights and Ratios
AAVAS Financiers maintained key financial stability metrics as of June 30, 2026. The company reported a Net Worth of 5,21,955.75 lakh and a Net profit after tax of 17,126.81 lakh for the quarter.A consolidated view of the primary financial metrics is provided below:
| Metric | Value (INR in lakh) |
|---|---|
| Total Income | 70,909.57 |
| Total Expenses | 48,899.17 |
| Profit before Tax | 22,010.40 |
| Net profit after tax | 17,126.81 |
| Debt Equity Ratio | 3.06 |
| Net Worth | 5,21,955.75 |
The company’s asset quality indicators showed a Gross Non-Performing Assets (GNPA) of 1.11% and a Net Non-Performing Assets (NNPA) of 0.71%. The Provision coverage ratio stood at 66.99%, while the Capital Risk Adequacy Ratio (CRAR) was reported at 44.66%.
Operational Updates and Debt Security
During the reporting quarter, AAVAS Financiers allocated 5,039 equity shares to eligible employees under a Performance stock Option Plan at a price of INR 10.00 per equity share.Regarding debt instruments, the company confirmed that it maintained at least 100% security cover on its secured listed Non-Convertible Debentures (NCDs) as of June 30, 2026. The security was created through an exclusive charge on the hypothecation of specific and identified book debts/receivables.
The company also provided detailed disclosure regarding the utilization of proceeds from a private placement of NCDs dated October 29, 2024. Of the 630 INR crore raised, 325.52 INR crore was utilized for the intended purpose stated in the offer document, with no material deviation reported.
Risk Management and Asset Transfers
The company provided data on loan transfers and co-lending activities as of June 30, 2026:| Activity | Metric | Details |
|---|---|---|
| Debt Transfer (Assignment) | Count of loan accounts assigned | 3,801 Loans |
| Amount of loan accounts assigned | INR 43,533 Lakh | |
| Retention of beneficial economic interest (MRR) | 10% | |
| Co-lending | Status | No activity reported for the quarter |
The management also confirmed that AAVAS Financiers is primarily engaged in housing finance within India and does not have any subsidiary, associate, or joint venture company.
AAVAS Stock Price Movement
Aavas Financiers Limited closed higher today, with the stock gaining 1.77% and settling at ₹1521.70 after post-market trading concluded. The shares traded within an intraday range of ₹1483 to ₹1529.9, completing a session with a volume of 75,525 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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