| Scrip code | 541988 |
|---|---|
| NSE Symbol | AAVAS |
| MSEI Symbol | NOTLISTED |
| ISIN | INE216P01012 |
| Name of company | AAVAS FINANCIERS LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 05-05-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 27-04-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Fourth quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Single segment |
| Description of single segment | HFC-SI |
| Start date and time of board meeting | 05-05-2026 14:58:00 |
| End date and time of board meeting | 05-05-2026 16:24:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Whether the company has any related party? | Yes |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes |
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | NA |
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | NA |
| (III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? | No |
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |
| (b) If answer to above question is No, please explain the reason for not complying. | |
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | Yes |
| Latest Date on which RPT policy is updated | 05-02-2026 |
| Indicate Company website link for updated RPT policy of the Company | https://www.aavas.in/img/pdf/Policy-on-Materiality-of-related-party-transactions-and-on-dealing-with-related-party-transactions-feb-2026.pdf |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| abc | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | |||
| (i) | Interest Income | 59,339.86 | 2,27,978.13 |
| (ii) | Dividend Income | 0.00 | 0.00 |
| (iii) | Rental Income | 0.00 | 0.00 |
| (iv) | Fees and commission Income | 3,361.16 | 11,296.79 |
| (v) | Net gain on fair value changes | 490.46 | 2,339.34 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 8,276.68 | 26,731.38 |
| (vii) | Sale of products (including Excise Duty) | 0.00 | 0.00 |
| (viii) | Sale of services | 0.00 | 0.00 |
| (ix) | Other revenue from operations | ||
| Total other revenue from operations | |||
| Total Revenue From Operations | 71,468.16 | 2,68,345.64 | |
| Other income | 15.08 | 137.84 | |
| Total income | 71,483.24 | 2,68,483.48 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0.00 | 0.00 | |
| Purchases of stock-in-trade | 0.00 | 0.00 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 | |
| Employee benefit expense | 13,250.15 | 47,036.48 | |
| Finance costs | 27,346.27 | 1,09,483.82 | |
| Depreciation, depletion and amortisation expense | 1,194.52 | 4,311.38 | |
| Fees and commission expense | 283.45 | 1,029.23 | |
| Net loss on fair value changes | 0.00 | 0.00 | |
| Net loss on derecognition of financial instruments under amortised cost category | 0.00 | 0.00 | |
| Impairment on financial instruments | 665.48 | 3,372.44 | |
| (f) | Other expenses | ||
| 1 | Other expenses | 5,667.26 | 19,206.04 |
| Total other expenses | 5,667.26 | 19,206.04 | |
| Total expenses | 48,407.13 | 1,84,439.39 | |
| 3 | Total profit before exceptional items and tax | 23,076.11 | 84,044.09 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 23,076.11 | 84,044.09 |
| 7 | Tax expense | ||
| 8 | Current tax | 3,906.81 | 16,074.59 |
| 9 | Deferred tax | 1,002.50 | 2,481.37 |
| 10 | Total tax expenses | 4,909.31 | 18,555.96 |
| 11 | Net Profit Loss for the period from continuing operations | 18,166.80 | 65,488.13 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 17 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 14 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 15 | Total profit (loss) for period | 18,166.80 | 65,488.13 |
| 16 | Other comprehensive income net of taxes | (0.42) | 70.75 |
| 17 | Total Comprehensive Income for the period | 18,166.38 | 65,558.88 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 19 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 7,928.27 | 7,928.27 | |
| Face value of equity share capital | 10 | 10 | |
| 21 | Reserves excluding revaluation reserve | 4,97,156.28 | |
| 22 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | 22.94 | 82.72 | |
| Diluted earnings per share from continuing operations | 22.78 | 82.14 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings per share from discontinued operations | 0 | 0 | |
| Diluted earnings per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings per share | 22.94 | 82.72 | |
| Diluted earnings per share | 22.78 | 82.14 | |
| 23 | Debt equity ratio | 308.700 | 308.700 |
| 24 | Debt service coverage ratio | ||
| 25 | Interest service coverage ratio | ||
| 26 | Disclosure of notes on financial results | Textual Information(1) | |
| 23 | Debt equity ratio | Debt is 1559220.90 Lakhs where as equity is 505084.55 Lakhs as on March 26 |
|---|---|---|
| 24 | Debt service coverage ratio | |
| 25 | Interest service coverage ratio |
| Textual Information(1) | 3. The financial results have been prepared in accordance with applicable accounting standards prescribed under section 133 of Companies Act, 2013 read with (Indian Accounting Standard) Rules, 2015 (Ind AS), as amended and other accounting principles generally accepted in India along with the circulars, guidelines and directions issued by Reserve Bank of India (RBI) and the National Housing Bank (NHB) from time to time and in compliance with Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”). 4. The above financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at its meeting held on May 05, 2026 and subject to audit by the joint statutory auditors of the Company who have expressed an unqualified opinion. 5. The figures for the last quarter are balancing figures between audited figures in respect of full financial year and the unaudited published year to date figures upto the third quarter of the financial year. 6. During the year ended March 31, 2026, the Company has allotted 5,879 & 5,330 and 1,461 equity shares to eligible employees under Employee stock Option Plan at a price of INR 1,580.20, INR 328.00, and INR 215.25 per equity share at premium of INR 1570.20, INR 318.00, and INR 205.25 per equity share, respectively. The Company has also allotted 1,16,408 equity shares to eligible employees under Performance stock Option Plan at a price of INR 10.00 per equity share. 7. Disclosures pursuant to Reserve Bank of India (Non-Banking Financial Companies - Transfer and Distribution of Credit Risk) Directions, 2025 and Reserve Bank of India (Non-Banking Financial Companies — Financial Statements: Presentation and Disclosures) Directions, 2025 dated 28 November 2025: (a) Details of transfer through assignment in respect of loans not in default during the quarter and year ended March 31, 2026 (b) Details of transfer through Co-lending in resepct of loans not in default during the quarter and year ended March 31, 2026 (c) The Company has not transferred or acquired, any stressed loans during the quarter and year ended March 31, 2026 (d) The Company has not acquired, any loans not in default during the quarter and year ended March 31, 2026 8. Disclosure pertaining to Resolution Framework for COVID-19 related stress and resolution framework - 2.0: Resolution of Covid-19 related stress of Individuals and Small Businesses to read with Reserve Bank of India (Non-Banking Financial Companies - Resolution of Stressed Assets) Directions dated 28 November 2025 9. Disclosure in compliance with Regulation 52(4) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 for the quarter and year ended March 31, 2026 is attached as Annexure A. 10. The Company has maintained at-least 100% security cover on its secured listed non-convertible debentures (NCDs) as on March 31, 2026 (by creating exclusive charge on hypothecation of specific and identified book debts/receivables). The proceeds of the NCDs, utilised till the end of the reporting period, were used for the objects that were stated in the respective offer documents. 11. The Government of India has notified the implementation of four New Labour Codes effective November 21, 2025, namely, the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020, (collectively referred to as the 'New Labour Codes’), consolidating 29 existing labour laws. In light of the Ministry of Labour & Employment’s draft Central Rules and FAQs published on December 30, 2025, the Company has estimated an incremental impact of INR 292 lakh (net) gratuity liability arising out of the past service cost under 'Employees Benefit Expenses' in the Statement of Profit and Loss Account during the quarter and year ended March 31, 2026. This estimate is based on the preliminary assessment of the financial implications of the New Labour Codes. There is an additional past service cost of INR 42 lakh on gratuity liability as per further assessment of new labour code. 12. The Company is engaged primarily in the business of housing finance within india and there are no separate reportable segments as per Ind AS 108 dealing with Operating Segments. 13. The Company does not have any subsidiary/ associate/ joint venture company. Accordingly, consolidation of financial statement is not applicable. 14. Figures for the previous year/periods have been regrouped and/or reclassified wherever considered necessary. The impact, if any, are not material to financial results. |
|---|
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| A | Date of start of reporting period | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited |
| D | Nature of report standalone or consolidated | Standalone |
| Statement of cash flows | ||
| Cash flows from used in operating activities | ||
| Profit before tax | 84,044.09 | |
| Adjustments for reconcile profit (loss) | ||
| Adjustments for finance costs | 0.00 | |
| Adjustments for decrease (increase) in inventories | 0.00 | |
| Adjustments for decrease (increase) in trade receivables, current | 0.00 | |
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |
| Adjustments for decrease (increase) in other current assets | 0.00 | |
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |
| Adjustments for other financial assets, non-current | (9,582.75) | |
| Adjustments for other financial assets, current | (2,17,472.95) | |
| Adjustments for other bank balances | 0.00 | |
| Adjustments for increase (decrease) in trade payables, current | 0.00 | |
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |
| Adjustments for increase (decrease) in other current liabilities | 0.00 | |
| Adjustments for increase (decrease) in other non-current liabilities | 531.27 | |
| Adjustments for depreciation and amortisation expense | 4,311.38 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |
| Adjustments for provisions, current | 0.00 | |
| Adjustments for provisions, non-current | 3,467.98 | |
| Adjustments for other financial liabilities, current | 0.00 | |
| Adjustments for other financial liabilities, non-current | 10,945.47 | |
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |
| Adjustments for dividend income | 0.00 | |
| Adjustments for interest income | 0.00 | |
| Adjustments for share-based payments | 3,372.75 | |
| Adjustments for fair value losses (gains) | (2,339.34) | |
| Adjustments for undistributed profits of associates | 0.00 | |
| Other adjustments for which cash effects are investing or financing cash flow | (40.67) | |
| Other adjustments to reconcile profit (loss) | 0.00 | |
| Other adjustments for non-cash items | 0.00 | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Total adjustments for reconcile profit (loss) | (2,06,806.86) | |
| Net cash flows from (used in) operations | (1,22,762.77) | |
| Dividends received | 0.00 | |
| Interest paid | 0.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | 15,878.85 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) operating activities | (1,38,641.62) | |
| Cash flows from used in investing activities | ||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |
| Other cash receipts from sales of interests in joint ventures | 0.00 | |
| Other cash payments to acquire interests in joint ventures | 0.00 | |
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Proceeds from sales of property, plant and equipment | 137.18 | |
| Purchase of property, plant and equipment | 3,280.30 | |
| Proceeds from sales of investment property | 0.00 | |
| Purchase of investment property | 0.00 | |
| Proceeds from sales of intangible assets | 0.00 | |
| Purchase of intangible assets | 0.00 | |
| Proceeds from sales of intangible assets under development | 0.00 | |
| Purchase of intangible assets under development | 0.00 | |
| Proceeds from sales of goodwill | 0.00 | |
| Purchase of goodwill | 0.00 | |
| Proceeds from biological assets other than bearer plants | 0.00 | |
| Purchase of biological assets other than bearer plants | 0.00 | |
| Proceeds from government grants | 0.00 | |
| Proceeds from sales of other long-term assets | 0.00 | |
| Purchase of other long-term assets | 6,560.13 | |
| Cash advances and loans made to other parties | 0.00 | |
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Dividends received | 0.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | (1,950.68) | |
| Net cash flows from (used in) investing activities | (11,653.93) | |
| Cash flows from used in financing activities | ||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |
| Payments from changes in ownership interests in subsidiaries | 0.00 | |
| Proceeds from issuing shares | 125.26 | |
| Proceeds from issuing other equity instruments | 0.00 | |
| Payments to acquire or redeem entity's shares | 0.00 | |
| Payments of other equity instruments | 0.00 | |
| Proceeds from exercise of stock options | 0.00 | |
| Proceeds from issuing debentures notes bonds etc | 0.00 | |
| Proceeds from borrowings | 5,24,851.58 | |
| Repayments of borrowings | 3,50,422.59 | |
| Payments of lease liabilities | 2,573.08 | |
| Dividends paid | 0.00 | |
| Interest paid | 0.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 39.82 | |
| Net cash flows from (used in) financing activities | 1,72,020.99 | |
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 21,725.44 | |
| Effect of exchange rate changes on cash and cash equivalents | ||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |
| Net increase (decrease) in cash and cash equivalents | 21,725.44 | |
| Cash and cash equivalents cash flow statement at beginning of period | 1,131.30 | |
| Cash and cash equivalents cash flow statement at end of period | 22,856.74 | |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 31-03-2026 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Standalone | ||
| Assets | |||
| 1 | Finanical Asset | ||
| Cash and cash equivalents | 22,856.74 | ||
| Bank Balance other than (a) above | 1,61,473.20 | ||
| Derivative financial instruments | 0.00 | ||
| Receivables | |||
| (I) Trade Receivables | 1,489.15 | ||
| (II) Other Receivables | 0.00 | ||
| Loans | 18,37,269.47 | ||
| Investments | 27,081.18 | ||
| Other Financial assets | |||
| 1 | Other Financial assets | 51,073.80 | |
| Total of Other Financial assets | 51,073.80 | ||
| Total Financial Assets | 21,01,243.54 | ||
| 2 | Non Financial Asset | ||
| Inventories | 0.00 | ||
| Current tax assets (Net) | 0.00 | ||
| Deferred tax Assets (Net) | 0.00 | ||
| Investment Property | 0.00 | ||
| Biological assets other than bearer plants | 0.00 | ||
| Property, Plant and Equipment | 3,785.07 | ||
| Capital work-in-progress | 0.00 | ||
| Intangible assets under development | 926.33 | ||
| Goodwill | 0.00 | ||
| Other Intangible assets | 4,503.31 | ||
| Other non-financial assets | |||
| 1 | Right-of-use assets | 8,585.82 | |
| 2 | Other non-financial assets | 2,206.02 | |
| Total of Other non-financial assets | 10,791.84 | ||
| Total Non Financial Assets | 20,006.55 | ||
| Total assets | 21,21,250.09 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 7,928.27 | ||
| Other equity | 4,97,156.28 | ||
| Total equity attributable to owners of parent | 5,05,084.55 | ||
| Non controlling interest | |||
| Total equity | 5,05,084.55 | ||
| 2 | Liabilities | ||
| 2.1 | Financial Liabilities | ||
| (a) | Derivative financial instruments | ||
| (b) | Payables | ||
| (I)Trade Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 218.02 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 841.42 | ||
| II) Other Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | |||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | |||
| (C ) | Debt Securities | 2,03,406.76 | |
| (d) | Borrowings (Other than Debt Securities) | 13,55,814.14 | |
| (e) | Deposits | ||
| (f) | Subordinated Liabilities | ||
| Other financial liabilities | |||
| 1 | Lease liabilities | 9,336.18 | |
| 2 | Other financial liabilities | 29,594.14 | |
| Total of Other financial liabilities | 38,930.32 | ||
| Total Financial Liabilities | 15,99,210.66 | ||
| 2.2 | Non-Financial Liabilities | ||
| (a) | Current tax liabilities (Net) | 201.87 | |
| (b) | Provisions | 976.72 | |
| (C ) | Deferred tax liabilities (Net) | 10,038.51 | |
| Other non-financial liabilities | |||
| 1 | Other non-financial liabilities | 5,737.78 | |
| Total of Other non-financial liabilities | 5,737.78 | ||
| Total Non Financial Liabilities | 16,954.88 | ||
| Total liabilities | 16,16,165.54 | ||
| Total equity and liabilites | 21,21,250.09 | ||
| Disclosure of notes on assets and liabilities | Textual Information(1) | ||
| Textual Information(1) | 3. The financial results have been prepared in accordance with applicable accounting standards prescribed under section 133 of Companies Act, 2013 read with (Indian Accounting Standard) Rules, 2015 (Ind AS), as amended and other accounting principles generally accepted in India along with the circulars, guidelines and directions issued by Reserve Bank of India (RBI) and the National Housing Bank (NHB) from time to time and in compliance with Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”). 4. The above financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at its meeting held on May 05, 2026 and subject to audit by the joint statutory auditors of the Company who have expressed an unqualified opinion. 5. The figures for the last quarter are balancing figures between audited figures in respect of full financial year and the unaudited published year to date figures upto the third quarter of the financial year. 6. During the year ended March 31, 2026, the Company has allotted 5,879 & 5,330 and 1,461 equity shares to eligible employees under Employee stock Option Plan at a price of INR 1,580.20, INR 328.00, and INR 215.25 per equity share at premium of INR 1570.20, INR 318.00, and INR 205.25 per equity share, respectively. The Company has also allotted 1,16,408 equity shares to eligible employees under Performance stock Option Plan at a price of INR 10.00 per equity share. 7. Disclosures pursuant to Reserve Bank of India (Non-Banking Financial Companies - Transfer and Distribution of Credit Risk) Directions, 2025 and Reserve Bank of India (Non-Banking Financial Companies — Financial Statements: Presentation and Disclosures) Directions, 2025 dated 28 November 2025: (a) Details of transfer through assignment in respect of loans not in default during the quarter and year ended March 31, 2026 (b) Details of transfer through Co-lending in resepct of loans not in default during the quarter and year ended March 31, 2026 (c) The Company has not transferred or acquired, any stressed loans during the quarter and year ended March 31, 2026 (d) The Company has not acquired, any loans not in default during the quarter and year ended March 31, 2026 8. Disclosure pertaining to Resolution Framework for COVID-19 related stress and resolution framework - 2.0: Resolution of Covid-19 related stress of Individuals and Small Businesses to read with Reserve Bank of India (Non-Banking Financial Companies - Resolution of Stressed Assets) Directions dated 28 November 2025 9. Disclosure in compliance with Regulation 52(4) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 for the quarter and year ended March 31, 2026 is attached as Annexure A. 10. The Company has maintained at-least 100% security cover on its secured listed non-convertible debentures (NCDs) as on March 31, 2026 (by creating exclusive charge on hypothecation of specific and identified book debts/receivables). The proceeds of the NCDs, utilised till the end of the reporting period, were used for the objects that were stated in the respective offer documents. 11. The Government of India has notified the implementation of four New Labour Codes effective November 21, 2025, namely, the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020, (collectively referred to as the 'New Labour Codes’), consolidating 29 existing labour laws. In light of the Ministry of Labour & Employment’s draft Central Rules and FAQs published on December 30, 2025, the Company has estimated an incremental impact of INR 292 lakh (net) gratuity liability arising out of the past service cost under 'Employees Benefit Expenses' in the Statement of Profit and Loss Account during the quarter and year ended March 31, 2026. This estimate is based on the preliminary assessment of the financial implications of the New Labour Codes. There is an additional past service cost of INR 42 lakh on gratuity liability as per further assessment of new labour code. 12. The Company is engaged primarily in the business of housing finance within india and there are no separate reportable segments as per Ind AS 108 dealing with Operating Segments. 13. The Company does not have any subsidiary/ associate/ joint venture company. Accordingly, consolidation of financial statement is not applicable. 14. Figures for the previous year/periods have been regrouped and/or reclassified wherever considered necessary. The impact, if any, are not material to financial results. |
|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| Whether results are audited or unaudited | Audited | Audited | |
| Nature of report standalone or consolidated | Standalone | Standalone | |
| 1 | Segment Revenue (Income) | ||
| (net sale/income from each segment should be disclosed) | |||
| Total Segment Revenue | |||
| Less: Inter segment revenue | |||
| Revenue from operations | |||
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| Total Profit before tax | |||
| i. Finance cost | |||
| ii. Other Unallocable Expenditure net off Unallocable income | |||
| Profit before tax | |||
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| Total Segment Asset | |||
| Un-allocable Assets | |||
| Net Segment Asset | |||
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| Total Segment Liabilities | |||
| Un-allocable Liabilities | |||
| Net Segment Liabilities | |||
| Disclosure of notes on segments | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurements of defined benefit liability | -56000 | 9455000 |
| Total Amount of items that will not be reclassified to profit and loss | -56000 | 9455000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (0.14) | 23.80 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | ||
| 5 | Total Other comprehensive income | (0.42) | 70.75 |
| Whether results are audited or unaudited | Audited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | Borkar and Muzumdar, Chartered Accountant | Yes | 31-05-2028 | ||
|---|---|---|---|---|---|
| 2 | M S K A & Associates LLP, Chartered Accountant | Yes | 31-07-2027 | ||
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| Sr No. | Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Details of the party (listed entity /subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | Aavas Financiers Limited | Aavas Foundation | Enterprise under significant influence of the Key Management Personnel | Any other transaction | Contribution as a Settler | 700.00 | As approved by the Audit Committee | 442.62 | 0.00 | 0.00 | |||||||||||||||
| 2 | Aavas Financiers Limited | Aavas Financiers Employee Gratuity Trust | Trust | Any other transaction | Gratuity Contribution | 600.00 | As approved by the Audit Committee | 416.07 | 0.00 | 0.00 | |||||||||||||||
| 3 | Aavas Financiers Limited | Saurabh Sharma | Company Secretary and Compliance Officer | Loan | 50.00 | As approved by the Audit Committee | 1.99 | 50.00 | 49.45 | ||||||||||||||||
| Total value of transaction during the reporting period | 860.68 | ||||||||||||||||||||||||