Company Aavas Financiers Limited

AAVAS

INE216P01012

Banks

Analysts' Consensus

Business Summary

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Ratings for Aavas Financiers Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Retail & Mortgage Banks

Market Closed - NSE India S.E. Other stock markets 12:43:46 26/04/2024 BST			5-day change	1st Jan Change
1,610 ^INR	+0.29%		+3.98%	+5.08%

04-26	Jefferies Adjusts Aavas Financiers' Price Target to INR2,000 From INR1,940, Keeps at Buy	MT
04-25	Transcript : Aavas Financiers Limited, Q4 2024 Earnings Call, Apr 25, 2024

Aavas Financiers Limited is an India-based housing finance company. The Company is engaged in providing the home loans to the customers belonging to low- and middle-income segment in semi urban and rural areas. The Companyâs offerings include home loan, plot and home construction loan, home improvement loan, home loan balance transfer, loan against property, micro, small and medium enterprise (MSME) loan, emergency credit line guarantee scheme, and small ticket size (STS) loan. It offers customers home loans for the purchase or construction of residential properties, and for the extension and repair of existing housing units. It also offers other mortgage loans, including loans against property. The Company operates in markets, such as Rajasthan, Maharashtra, Gujarat, Madhya Pradesh, Haryana, Uttar Pradesh, Chhattisgarh, Uttarakhand, Punjab, Himachal Pradesh, Delhi, Odisha and Karnataka.

Number of employees: 6,034

Managers	Title	Age	Since
Ghanshyam Rawat FOU	Founder	56	22/02/11
Sachinder Bhinder CEO	Chief Executive Officer	-	-
Ashutosh Atre PSD	President	-	-
Jijy Oommen CTO	Chief Tech/Sci/R&D Officer	-	31/03/21
Rajeev Sinha COO	Chief Operating Officer	-	-
Sharad Pathak CMP	Compliance Officer	35	-
Surendra Kumar Sihag PRN	Corporate Officer/Principal	-	-
Srivastava Siddharth PRN	Corporate Officer/Principal	-	-
Ramachandran Venkatesh AUD	Comptroller/Controller/Auditor	-	-
Rajaram Balasubramaniam PRN	Corporate Officer/Principal	-	-

Members of the board	Title	Age	Since
Nishant Sharma BRD	Director/Board Member	-	-
Kasargod Ramachandra Kamath BRD	Director/Board Member	68	13/07/16
Kalpana Iyer BRD	Director/Board Member	59	-
Soumya Rajan BRD	Director/Board Member	-	28/08/19
Manas Tandon BRD	Director/Board Member	47	16/08/17
Vivek Vig BRD	Director/Board Member	61	-
Sandeep Tandon CHM	Chairman	54	31/07/17
Karthikeya Dhruv Kaji BRD	Director/Board Member	41	-
Sachinder Bhinder CEO	Chief Executive Officer	-	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	79,139,705	57,594,366 ( 72.78 %)	0	72.78 %

Name	Equities	%	Valuation
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SBI Funds Management Ltd. 8.103 %	6,412,787	8.103 %	101 M ₹
UTI Asset Management Co. Ltd. (Investment Management) 5.274 %	4,174,175	5.274 %	66 M ₹
Nomura Asset Management Singapore Ltd. 3.028 %	2,396,468	3.028 %	38 M ₹
Kotak Mahindra Asset Management Co. Ltd. 2.202 %	1,742,521	2.202 %	27 M ₹
Sundaram Asset Management Co. Ltd. 1.557 %	1,232,452	1.557 %	19 M ₹
Sushil Kumar Agarwal 1.550 %	1,226,986	1.550 %	19 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt) 1.517 %	1,200,358	1.517 %	19 M ₹
360 ONE Asset Management Ltd. 1.268 %	1,003,248	1.268 %	16 M ₹

Aavas Financiers Ltd.

201-202, Southend Square Mansarover Industrial Area

302020, Jaipur

+91 14 146 5923

http://www.auhfin.in

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1,610 INR

Average target price

1,796 INR

Spread / Average Target

+11.53%

Consensus

Estimates Revisions

Company calendar

Financials

Banking & Investment Services

Banking Services

Retail & Mortgage Banks

	1st Jan change	Capi.
AAVAS FINANCIERS LIMITED	+5.08%	1.53B
AL RAJHI BANKING AND INVESTMENT CORPORATION	-10.40%	82.67B
FIRSTRAND LIMITED	-13.56%	18.91B
CAPITEC BANK HOLDINGS LIMITED	+10.53%	13.78B
FEDERAL NATIONAL MORTGAGE ASSOCIATION	+36.45%	8.38B
ABSA GROUP LIMITED	-13.66%	6.22B
PENNYMAC FINANCIAL SERVICES, INC.	-1.55%	4.43B
LIC HOUSING FINANCE LIMITED	+23.36%	4.36B
WALKER & DUNLOP, INC.	-16.03%	3.13B
WSFS FINANCIAL CORPORATION	-6.71%	2.57B

Retail & Mortgage Banks