5419882025-01-012025-03-315419882025-03-315419882024-03-315419882024-04-012025-03-315419882025-01-012025-03-31in-capmkt:OtherExpenses1Member5419882024-04-012025-03-31in-capmkt:OtherExpenses1Member5419882025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15419882024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15419882025-01-012025-03-31RelatedPartyTransactionDomain15419882024-12-31RelatedPartyTransactionDomain15419882025-03-31RelatedPartyTransactionDomain15419882025-01-012025-03-31RelatedPartyTransactionDomain25419882024-12-31RelatedPartyTransactionDomain25419882025-03-31RelatedPartyTransactionDomain25419882025-01-012025-03-31RelatedPartyTransactionDomain35419882024-12-31RelatedPartyTransactionDomain35419882025-03-31RelatedPartyTransactionDomain35419882025-01-012025-03-31RelatedPartyTransactionDomain45419882024-12-31RelatedPartyTransactionDomain45419882025-03-31RelatedPartyTransactionDomain45419882025-01-012025-03-31AuditorDomain15419882025-01-012025-03-31AuditorDomain2iso4217:INRxbrli:pureiso4217:INRxbrli:shares541988AAVASNOTLISTEDINE216P01012Aavas Financiers LimitedMain BoardEquity2024-04-012025-03-312025-04-242025-04-16INRLakhsQuarterlyFourth quarterSingle segmentHFC-S12025-04-2415:35:002025-04-2416:20:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAtruetruetrue2025-01-30https://www.aavas.in/codes-and-policiesfalsefalseNo defaults in loan2025-01-012025-03-31AuditedStandalone535262000000309771000480970006516420000063621300001275000063748800000001119517000264737500097904000258400000076399000475607000444264200019322380000193223800033009500065351000395446000153679200000001536792000352900015403210007915370001019.4219.260019.4219.263.1763. 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 from time to time, and other accounting principles generally accepted in India and in compliance with Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”). <BR> <BR> 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 April 24, 2025 and subject to audit by the joint statutory auditors of the Company who have expressed an unqualified opinion . The financial results for the quarter and year ended March 31, 2024 were audited by Walker Chandiok & Co LLP, Chartered Accountants. <BR> <BR> 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. <BR> <BR> 6. During the year ended March 31, 2025, the Company has allotted 3,250 and 1,200 equity shares to eligible employees under Employee stock Option Plan at a price of INR 328.00 and 1,580.20 per equity share at premium of INR 318.00 and 1,570.20 per equity share respectively. The Company has also allotted 9,510 equity shares to eligible employees under Performance stock Option Plan at a price of INR 10.00 per equity share. <BR> <BR> 7. Aavas Finserv Limited, erstwhile wholly owned subsidiary (“subsidiary”) of the Company which was under voluntary liquidation, has received dissolution order from NCLT dated January 28, 2025. Aavas Financiers Limited don’t have any subsidiary/associate/joint venture company(ies), as on March 31, 2025. <BR> <BR> 8. Disclosures pursuant to RBI Notification-RBI/DOR/2021-22/86 DOR.STR.REC.51/21.04.048/2021-22 dated September 24, 2021 <BR> <BR> (a) Details of transfer through assignment in respect of loans not in default during the quarter and year ended March 31, 2025. <BR> (b) Details of transfer through Co-lending in resepct of loans not in default during the quarter and year ended March 31, 2025. <BR> (c) The Company has not transferred or acquired, any stressed loans during the quarter and year ended March 31, 2025. <BR> (d) The Company has not acquired, any loans not in default during the quarter and year ended March 31, 2025. <BR> <BR> 9. Disclosure pursuant to RBI Notification -RBI/2021-22/31/DOR.STR.REC.11/21.04.048/2021-22 dated May 05, 2021 <BR> <BR> 10. 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, 2025 is attached as Annexure A. <BR> <BR> 11. The Company has maintained at-least 100% security cover on its secured listed non-convertible debentures (NCDs) as on March 31, 2025 (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. <BR> <BR> 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. <BR> <BR> 13. 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.2024-04-012025-03-31AuditedStandalone2017676700000107537400021855500020743560000023545052000390980002358415000000037775730001007468400036451500083245000002712430001686999000162582590007325891000073258910001431572000153237000158480900057410820000000574108200023660005743448000791537000104281678600072.5471.970072.5471.973.176Debt is 1384986.45 Lakhs where as equity is 436083.23 Lakhs as on March 25Debt service coverage ration not applicable being housing finance company (HFC)Debt service coverage ration not applicable being housing finance company (HFC)Other expenses475607000Other expenses16869990001131300001548318800010487000113654000016229709300023001840004199885000184517621000073250000003039880000104009000041613700083566000016671190001861847400007915370004281678600043608323000436083230009748000391010001727474900012122389500000273489900014128239200009135600075571500044695400012940250001425764170001861847400003. 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 from time to time, and other accounting principles generally accepted in India and in compliance with Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”). <BR> <BR> 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 April 24, 2025 and subject to audit by the joint statutory auditors of the Company who have expressed an unqualified opinion . The financial results for the quarter and year ended March 31, 2024 were audited by Walker Chandiok & Co LLP, Chartered Accountants. <BR> <BR> 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. <BR> <BR> 6. During the year ended March 31, 2025, the Company has allotted 3,250 and 1,200 equity shares to eligible employees under Employee stock Option Plan at a price of INR 328.00 and 1,580.20 per equity share at premium of INR 318.00 and 1,570.20 per equity share respectively. The Company has also allotted 9,510 equity shares to eligible employees under Performance stock Option Plan at a price of INR 10.00 per equity share. <BR> <BR> 7. Aavas Finserv Limited, erstwhile wholly owned subsidiary (“subsidiary”) of the Company which was under voluntary liquidation, has received dissolution order from NCLT dated January 28, 2025. Aavas Financiers Limited don’t have any subsidiary/associate/joint venture company(ies), as on March 31, 2025. <BR> <BR> 8. Disclosures pursuant to RBI Notification-RBI/DOR/2021-22/86 DOR.STR.REC.51/21.04.048/2021-22 dated September 24, 2021 <BR> <BR> (a) Details of transfer through assignment in respect of loans not in default during the quarter and year ended March 31, 2025. <BR> (b) Details of transfer through Co-lending in resepct of loans not in default during the quarter and year ended March 31, 2025. <BR> (c) The Company has not transferred or acquired, any stressed loans during the quarter and year ended March 31, 2025. <BR> (d) The Company has not acquired, any loans not in default during the quarter and year ended March 31, 2025. <BR> <BR> 9. Disclosure pursuant to RBI Notification -RBI/2021-22/31/DOR.STR.REC.11/21.04.048/2021-22 dated May 05, 2021 <BR> <BR> 10. 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, 2025 is attached as Annexure A. <BR> <BR> 11. The Company has maintained at-least 100% security cover on its secured listed non-convertible debentures (NCDs) as on March 31, 2025 (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. <BR> <BR> 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. <BR> <BR> 13. 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.Remeasurements of defined benefit liability47160004716000Remeasurements of defined benefit liability31620003162000118700079600035290002366000000000-585195000-22514842000000050364000364515000002858220000-111095000000127496000-2185550000-4771000000-22606261000-1528037000000013208920000-16601262000518000000000020111000300706000000000000000230542000000000022728730001762254000003057000000004577782800030735199000230629000000-6849900014746558000-924500000-92450000205580000113130000Aavas Financiers Limited******Aavas Foundation******Enterprises under significant influence of the Key Management PersonnelAny other transactionContribution as a settler60000000As approved by the Audit Committee4280600000Aavas Financiers Limited******Aavas Gratuity Trust******TrustAny other transactionGratuity Contribution50000000As approved by the Audit Committee1000000000Aavas Financiers Limited******Perfios Software Solution Private Limited******Private Company in which director of the Company is a directorPurchase of goods or services2500000As approved by the Audit Committee4652000-413000-533000Aavas Financiers Limited******Aavas Finserv Limited******Wholly owned SubsidiaryAny other transactionProceeds from voluntary liquidation of Investment in Subsidiary companyAs approved by the Audit Committee1018000500000058476000AuditedtrueM S K A & Associates, Chartered Accountantstrue2027-07-31Borkar & Muzumdar, Chartered Accountantstrue2028-05-31