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 05:13:53 26/06/2024 pm IST			5-day change	1st Jan Change
1,870 ^INR	+0.77%		-1.63%	+22.01%

24/06	ICRA Affirms AA Rating on AAVAS Financiers' Bonds; Outlook Stable	MT
08/06	Aavas Financiers Limited Approves the Appointment of Selvin Uthaman as Chief Business Officer	CI

Aavas Financiers Limited is an India-based retail, affordable housing finance company, primarily serving low- and middle-income self-employed customers in semi-urban and rural areas. The Company's product offering consists of home loans for the purchase or construction of residential properties, and for the extension and repair of existing housing units, loan against property and micro, small and medium enterprises loan (MSME) loans. Its Website has a portal for online application of loans which offers services like branch locator, home loan equated monthly instalment calculator, details on specific products like construction loans, MSME loans and others. Customers also have the option to apply for loans through Aavas Loan Mobile App. It operates in over 13 states with a total of 371 branches. It operates in various states including 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	23/11/23
Sachinder Bhinder CEO	Chief Executive Officer	-	-
Ashutosh Atre PSD	President	-	-
Jijy Oommen CTO	Chief Tech/Sci/R&D Officer	-	01/21/01
Rajeev Sinha COO	Chief Operating Officer	-	-
Sharad Pathak CMP	Compliance Officer	35	-
Surendra Kumar Sihag PRN	Corporate Officer/Principal	-	-
Ramachandran Venkatesh AUD	Comptroller/Controller/Auditor	-	-
Rajaram Balasubramaniam PRN	Corporate Officer/Principal	-	-
Ram Naresh Sunku 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	14/16/14
Kalpana Iyer BRD	Director/Board Member	59	-
Soumya Rajan BRD	Director/Board Member	-	29/19/29
Manas Tandon BRD	Director/Board Member	47	17/17/17
Vivek Vig BRD	Director/Board Member	61	-
Sandeep Tandon CHM	Chairman	55	01/17/01
Sachinder Bhinder CEO	Chief Executive Officer	-	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	79,139,705	58,027,942 ( 73.32 %)	0	73.32 %

Name	Equities	%	Valuation
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SBI Funds Management Ltd. 7.909 %	6,258,929	7.909 %	120 M ₹
UTI Asset Management Co. Ltd. (Investment Management) 3.961 %	3,134,700	3.961 %	60 M ₹
Nomura Asset Management Singapore Ltd. 1.683 %	1,331,581	1.683 %	26 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt) 1.645 %	1,302,058	1.645 %	25 M ₹
Sundaram Asset Management Co. Ltd. 1.557 %	1,232,452	1.557 %	24 M ₹
Sushil Kumar Agarwal 1.550 %	1,226,986	1.550 %	24 M ₹
360 ONE Asset Management Ltd. 1.467 %	1,161,175	1.467 %	22 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt) 1.457 %	1,152,857	1.457 %	22 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-

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Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1,855 INR

Average target price

1,806 INR

Spread / Average Target

-2.64%

Consensus

Estimates Revisions

Company calendar

Financials

Banking & Investment Services

Banking Services

Retail & Mortgage Banks

	1st Jan change	Capi.
AAVAS FINANCIERS LIMITED	+22.01%	1.76B
AL RAJHI BANKING AND INVESTMENT CORPORATION	-6.24%	87.42B
FIRSTRAND LIMITED	+1.85%	22.99B
CAPITEC BANK HOLDINGS LIMITED	+26.93%	16.32B
ABSA GROUP LIMITED	+5.09%	7.82B
FEDERAL NATIONAL MORTGAGE ASSOCIATION	+19.63%	7.2B
LIC HOUSING FINANCE LIMITED	+45.27%	5.08B
PENNYMAC FINANCIAL SERVICES, INC.	+4.52%	4.73B
WALKER & DUNLOP, INC.	-15.12%	3.2B
WSFS FINANCIAL CORPORATION	-1.74%	2.71B

Retail & Mortgage Banks