:::LALKAR GROUP::::

The income from operation of AAVAS Financiers increased 17% to Rs 636.21 crore in Q4FY2025. Overall OPM has declined to 74.52% in Q4FY2025 from 75.40% in Q4FY2024, allowing 15% rise in operating profit to Rs 474.12 crore. Other expenditure jumped 30% to Rs 50.14 crore and employee expenses moved up 17% to Rs 111.95 crore in Q4FY2025. Other income increased 63% to Rs 1.28 crore. Interest cost increased 19% to Rs 264.74 crore. Depreciation moved up 8% to Rs 9.79 crore. Provisions jumped 77% to Rs 7.64 crore. PBT moved up 9% to Rs 193.22 crore.

The effective tax rate increased to 20.5% in Q4FY2025 compared to 19.7% in Q4FY2024. Provision for tax was expense of Rs 39.54 crore, compared to Rs 34.88 crore. Profit after tax increase 8% to Rs 153.68 crore.

Book value of the company was at Rs 550.9 and adjusted book value was Rs 532.1 (net of NNPA) end March 2025.

Business highlights

AUM increased 18% to Rs 20420 crore end March 2025 over March 2024, of which Home Loans contributed 68% and other mortgage loans contributed 32%.

The disbursements have increased 7% to Rs 2024 crore in Q4FY2025.

Spread and NIM during the quarter stood at 4.89% and 7.64% respectively.

The total number of branches stands at 397 end March 2025.

Gross Stage 3 is at 1.08% and Net Stage 3 is 0.73% end March 2025.

Net Worth grew by 16% YoY to Rs 4361 crore end March 2025.

Financial performance: FY2025

The income from operation of AAVAS Financiers increased 17% to Rs 2354.51 crore in FY2025. Overall OPM has increased to 76.44% in FY2025 from 74.70% in FY2024, leading to 19% rise in operating profit to Rs 1799.72 crore.

Other income increased 40% to Rs 3.91 crore. Interest cost increased 22% to Rs 1007.47 crore. Depreciation moved up 12% to Rs 36.45 crore. Provisions rose 11% to Rs 27.12 crore. PBT moved up 17% to Rs 732.59 crore.

The effective tax rate rose to 21.6% in FY2025 compared to 21.4% in FY2024. Provision for tax was expense of Rs 158.48 crore, compared to Rs 133.76 crore. Profit after tax moved up 17% to Rs 574.11 crore in FY2025.

Aavas Financiers: Standalone Results
Particulars	2503 (3)	2403 (3)	Var %	2503 (12)	2403 (12)	Var %
Income from Operations	636.21	546.02	17	2354.51	2017.50	17
OPM (%)	74.52	75.40	'	76.44	74.70	'
OP	474.12	411.70	15	1799.72	1507.14	19
Other Income	1.28	0.78	63	3.91	2.80	40
PBDIT	475.39	412.48	15	1803.63	1509.94	19
Interest (Net)	264.74	221.56	19	1007.47	828.36	22
PBDT	210.65	190.92	10	796.16	681.58	17
Provisions	7.64	4.32	77	27.12	24.47	11
Depreciation / Amortization	9.79	9.10	8	36.45	32.66	12
PBT before EO	193.22	177.50	9	732.59	624.45	17
EO	0.00	0.00	-	0.00	0.00	-
PBT after EO	193.22	177.50	9	732.59	624.45	17
Tax Expenses	39.54	34.88	13	158.48	133.76	18
PAT	153.68	142.62	8	574.11	490.69	17
EPS *	77.7	72.1	'	72.5	62.0	'
Adj BV (Rs)	532.1	462.1	'	532.1	462.1	'
* Annualized on current equity of Rs 79.15 crore. Face Value: Rs 10, Figures in Rs crore, PL: Profit to Loss, LP: Loss to Profit
Source: Capitaline Corporate Database