AAVAS2023-10-012023-12-31 AAVAS2023-10-012023-12-31 AAVAS2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member AAVAS2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member AAVAS2023-12-31 AAVAS2023-12-31 AAVAS2023-10-012023-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member AAVAS2023-10-012023-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 541988 AAVAS NA Aavas Financiers Limited Equity 2023-04-01 2024-03-31 2024-02-01 2024-01-18 INR Lakhs Third quarter 2024-02-01 14:24:00 2024-02-01 16:30:00 false Not applicable Single segment HFC-SI 2023-10-01 2023-12-31 Unaudited Consolidated 4374027000.00 0.00 0.00 206382000.00 52635000.00 447607000.00 0.00 0.00 5080651000.00 11908000.00 5092559000.00 0.00 0.00 0.00 831198000.00 2165652000.00 86547000.00 20124000.00 0.00 0.00 79660000.00 411230000.00 3594411000.00 1498148000.00 0.00 1498148000.00 310519000.00 20397000.00 330916000.00 1167232000.00 0.00 0.00 0.00 0.00 1167232000.00 0.00 1167232000.00 0.00 0.00 0.00 0.00 791364000.00 10 14.75 14.73 0.00 0.00 14.75 14.73 0.03 1. The consolidated financial results include result of the following Company: 2. The consolidated financial results have been prepared in accordance with Ind AS 110 – Consolidated Financial Statements, prescribed under section 133 of the Companies Act, 2013 (the “Act”) read with the relevant rules issued thereunder and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”). 3. The above results for the quarter and nine months ended December 31, 2023 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on February 01, 2024 and subjected to limited review by the statutory auditors of the Company. 4. During the nine months ended December 31, 2023, the Company has allotted 34,892 and 44,629 equity shares to eligible employees under Employee stock Option Plan at a price of INR 215.25 and INR 328.00 per equity share at premium of INR 205.25 and INR 318.00 per equity share respectively. 5. The Holding Company has maintained at-least 100% security cover on its secured listed non-convertible debentures (NCDs) as on December 31, 2023 (by creating exclusive charge on hypothecation of specific and identified book debts/receivables). The proceeds of the NCDs were used for the objects that were stated in the respective offer documents. 6. The Board of Directors of the Company in its meeting held on October 26, 2023 approved Voluntary Liquidation of wholly owned Subsidiary - Aavas Finserv Limited. Effective from November 03, 2023, the control of the subsidiary has been transferred to the official liquidator. Accordingly, the consolidated financial results of the Company include results of the Subsidiary for the period from April 01, 2023 to November 02, 2023. 7. The Holding Company is engaged primarily in the business of housing finance and accordingly there are no separate reportable segments as per Ind AS 108 dealing with Operating Segments. 8. Figures for the previous year/period have been regrouped and/or reclassified wherever considered necessary. Single segment 2023-04-01 2023-12-31 Unaudited Consolidated 12764294000.00 0.00 0.00 582260000.00 127902000.00 1244297000.00 0.00 0.00 14718753000.00 20160000.00 14738913000.00 0.00 0.00 0.00 2600504000.00 6067977000.00 235618000.00 72766000.00 0.00 0.00 191752000.00 1090154000.00 10258771000.00 4480142000.00 0.00 4480142000.00 929975000.00 68034000.00 998009000.00 3482133000.00 0.00 0.00 0.00 0.00 3482133000.00 -1116000.00 3481017000.00 0.00 0.00 0.00 0.00 791364000.00 10 35523919000.00 44.02 43.95 0.00 0.00 44.02 43.95 0.03 Other expenses 411230000.00 Other expenses 1090154000.00 0.00 0.00 0.00 0.00 Remeasurements of defined benefit liability 0.00 Remeasurements of defined benefit liability -1491000.00 0.00 -1491000.00 0.00 -375000.00 0.00 -1116000.00