Aavas Financiers Credit Rating
CARE Ratings placed Aavas Financiers' bank facilities and debentures on rating watch with developing implications. The total rated amount is ₹13,521.92 Crore.
- Value
- ₹13,522 Cr
ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
61 announcements
CARE Ratings placed Aavas Financiers' bank facilities and debentures on rating watch with developing implications. The total rated amount is ₹13,521.92 Crore.
ICRA placed Aavas Financiers' long‑term bank lines, NCD programme and commercial paper on rating watch, covering a total Rs 4,448 crore. The rating watch reflects developing implications.
Aavas Financiers completed interest payments and partial redemption of NCDs. The company redeemed a total of ₹6 Crore across two ISINs.
Aavas Financiers revised the record date to June 16, 2026, for the full redemption of its Commercial Paper. The redemption is scheduled for June 17, 2026.
Aavas Financiers allotted 5,039 equity shares following employee stock option exercises. This marginally increases the paid-up share capital to approximately ₹79.29 Crore.
Aavas Financiers Limited submitted its Annual Secretarial Compliance Report for FY2026. The independent auditor confirmed adherence to SEBI regulations and secretarial standards during the period.
AAVAS Financiers reports Q4FY26 PAT of ₹1.82 billion (up 18% Y-o-Y) with AUM reaching ₹234.5 billion. New CEO Manu Singh emphasizes 20%+ AUM growth and high-teens ROE targets.
AAVAS Financiers Ltd filed its Asset Liability Management statement for the period ending March 31, 2026. The report provides visibility into the company's liquidity position.
Aavas Financiers Limited confirmed the full utilization of ₹630 Crore raised via Non-Convertible Debentures issued in October 2024. The company reported no material deviation or variation from the stated objects for the quarter ended March 31, 2026.
Aavas Financiers Ltd disclosed a security cover of 110.94% for its outstanding secured Non-Convertible Debentures valued at ₹1,429.93 Crore as of March 31, 2026. The NCDs are secured by exclusive hypothecation of specified receivables. This regulatory filing confirms adequate asset backing for the company's listed debt securities.
Aavas Financiers delivered a strong FY26 with PAT growing 14% YoY to ₹6,556 mn and AUM reaching ₹234.5 bn (+15% YoY).
Aavas Financiers delivered a strong FY26 with PAT growing 14% YoY to ₹6,556 mn and AUM reaching ₹234.5 bn. Strategy focuses on technology-led growth (Aavas 3.0) and geographical expansion into Tamil Nadu.
Aavas Financiers Limited reported Q4FY26 results with Assets under Management (AUM) reaching ₹23,500 Crore, a 15% YoY growth. PAT for the full year stood at ₹656 Crore. The company expanded its network by adding 31 branches during the quarter, bringing the total to 435 across 15 states while maintaining strong asset quality with 1+ DPD at 3.17%.
Aavas Financiers Ltd reported revenue from operations of ₹714.7 Cr (+12.3% YoY) and net profit of ₹181.7 Cr (+18.2% YoY) for Q4 FY26.
Aavas Financiers approved audited FY26 results and a ₹9,000 Crore fundraise via NCDs. Net profit for the year reached ₹654.88 Crore. The board also re-appointed Mr. Sandeep Tandon as Chairperson and decreased the Prime Lending Rate by 10 basis points effective June 05, 2026.
Aavas Financiers Limited announced that Mr. Selvin Uthaman has resigned as Chief Business Officer effective May 1, 2026. Simultaneously, Mr. Ripudaman Bandral, previously Chief Credit Officer, has been appointed as the new Chief Business Officer effective May 2, 2026. This leadership transition ensures continuity in the company's senior management team.
AAVAS Financiers announced a leadership transition as Chief Business Officer Selvin Uthaman resigned effective May 01, 2026. The company appointed Ripudaman Bandral, formerly Chief Credit Officer with over 25 years of experience, as the new Chief Business Officer effective May 02, 2026. This internal redesignation ensures continuity in the company's senior management team.
AAVAS Financiers Ltd confirmed the timely payment of interest amounting to ₹21.74 Crore for its rated, secured, non-convertible debentures (NCDs). The payment was made on April 29, 2026, for the half-yearly period, following the record date of April 14, 2026.
AAVAS Financiers Ltd confirmed the timely payment of interest totalling ₹16.26 Crore for two series of Non-Convertible Debentures (NCDs). The payments, made on April 28, 2026, cover Series A (₹8.15 Crore) and Series B (₹8.11 Crore) debentures. This compliance filing demonstrates the company's adherence to its debt service obligations.
AAVAS Financiers Ltd has scheduled a Board Meeting on May 05, 2026, to approve audited financial results for FY2026. The board will also consider limits for raising funds through Non-Convertible Debentures (NCDs) and other debt securities. The company's trading window remains closed until May 07, 2026.
Aavas Financiers Limited announced that ICRA Limited has assigned a final credit rating of [ICRA]AAA(SO) to Series A1 PTCs worth ₹495.61 Crore. These certificates were issued by Prime Home Loan Trust V and are backed by home loan receivables. This final rating confirms the earlier provisional assignment.
AAVAS Financiers Ltd submitted its annual disclosure for the centralized database of corporate bonds/debentures for FY2025-26. The filing includes listing details for nine outstanding NCD series and confirms one series was fully redeemed. The company reported no defaults or delays in servicing its debt securities during the period.
Aavas Financiers Limited has provided an updated list of Key Managerial Personnel authorized for the purpose of determining materiality and making disclosures to Stock Exchanges. The list includes the CEO, CFO, CRO, and Company Secretary, as required under SEBI (LODR) Regulations, 2015.
Aavas Financiers Limited submitted its Corporate Governance Report for the quarter and financial year ended March 31, 2026. The report confirms compliance with SEBI listing regulations regarding board and committee compositions. This is a routine regulatory filing with no immediate material financial impact.
Aavas Financiers Ltd completed a timely interest payment of ₹1.31 Crore and a partial redemption of ₹7.50 Crore for its Non-Convertible Debentures (ISIN: INE216P07233). The total payout of ₹8.81 Crore demonstrates the company's commitment to debt servicing obligations.
Aavas Financiers Limited announced that Mr. Manu Yeshpal Singh will succeed Mr. Sachinderpalsingh Jitendrasingh Bhinder as CEO, effective April 21, 2026. Mr. Bhinder resigned due to personal and professional commitments but will remain a senior advisor. Mr. Singh's appointment as Managing Director is subject to RBI and shareholder approval.
Aavas Financiers Limited has appointed Mr. Manu Yeshpal Singh as MD & CEO effective April 21, 2026, succeeding Mr. Sachinderpalsingh Jitendrasingh Bhinder who resigned due to personal commitments. Mr. Singh brings over two decades of experience from Kotak Mahindra Bank and ICICI Bank. Mr. Bhinder will remain as a senior advisor to ensure continuity.
Aavas Financiers Limited has appointed Mr. Manu Yeshpal Singh as its new Managing Director & CEO, effective April 21, 2026, subject to RBI approval. He succeeds Mr. Sachinder Bhinder, who will transition into a senior advisor role. Mr. Singh joins from Kotak Mahindra Bank with over 25 years of experience in retail lending.
Aavas Financiers Limited announced a leadership transition as Mr. Sachinderpalsingh Jitendrasingh Bhinder resigned as MD & CEO effective April 20, 2026. Mr. Manu Yeshpal Singh, formerly of Kotak Mahindra Bank, has been appointed as the new MD & CEO effective April 21, 2026. Mr. Bhinder will remain as a senior advisor to ensure continuity.
Aavas Financiers Limited submitted its statement of ISINs for privately placed non-convertible debentures outstanding as of March 31, 2026. The company reported a total outstanding debt value of ₹1,594 Crore across ten different security issuances. This disclosure ensures regulatory compliance with SEBI listing regulations for debt securities.