Aavas Financiers Q4FY26 Net Profit Rises 18% YoY

Aavas Financiers reported Q4FY26 net profit growth of 18% YoY to ₹1.82 billion, with NII up 17% and NIMs expanding 44 bps sequentially to 8.45%.
FY26 disbursements grew 11% to ₹67.8 billion, AUM reached ₹234.5 billion (15% YoY growth), and asset quality improved with GNPA at 1.05% and 1+ DPD at 3.17%.
The company completed its largest NCD placement of ₹9.75 billion ($108M) and expanded to 435 branches across 15 states, adding 31 branches in Q4.
New CEO Manu Singh outlined strategic priorities focusing on 20%+ AUM growth, risk-adjusted pricing optimization, and improving operational efficiency while maintaining credit costs below 25 bps.