Aavas Financiers FY26: Better margins, clean book, and a push for sharper execution

Aavas reported AUM of 234.5 billion rupees as of 31 March 2026.

Q4 FY26 disbursements were 23,481 million rupees, up 16% year on year and 36% quarter on quarter.

FY26 PAT was 6,548.8 million rupees and full-year NIM was 7.93%, with spread of 5.20% as per the presentation.

As of March 2026, GNPA was 1.05%, NNPA was 0.68%, and 1 plus DPD was 3.17%.

Net worth was 50,508 million rupees and CRAR was 44.56% as of 31 March 2026.

Management stated it continues to maintain guidance to keep credit costs under check and below 25 bps on a sustainable basis.

The CEO stated an aspiration to consistently deliver 20% plus AUM growth over the long term.