AAVAS2024-01-012024-03-31 AAVAS2024-01-012024-03-31 AAVAS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member AAVAS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member AAVAS2024-03-31 AAVAS2024-03-31 AAVAS2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member AAVAS2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 541988 AAVAS NA Aavas Financiers Limited Equity 2023-04-01 2024-03-31 2024-04-25 2024-04-13 INR Lakhs Yearly 2024-04-25 14:00:00 2024-04-25 15:30:00 true Cash Flow Indirect Declaration of unmodified opinion Single segment HFC-SI 2024-01-01 2024-03-31 Audited Consolidated 4586180000.00 0.00 0.00 284908000.00 37917000.00 551194000.00 0.00 0.00 5460199000.00 7822000.00 5468021000.00 0.00 0.00 0.00 958599000.00 2215630000.00 90980000.00 12317000.00 0.00 0.00 44498000.00 372400000.00 3694424000.00 1773597000.00 0.00 1773597000.00 306879000.00 41909000.00 348788000.00 1424809000.00 0.00 0.00 0.00 0.00 1424809000.00 2632000.00 1427441000.00 0.00 0.00 0.00 0.00 791397000.00 10 18.00 17.98 0.00 0.00 18.00 17.98 0.03 3.The consolidated financial results include result of the following Company: 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. 4.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”). 5.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 25, 2024 and subjected to audit by the statutory auditors of the Company who have expressed an unqualified opinion. The financial results for the quarter ended December 31, 2023 have been subjected to limited review by the statutory auditors of the Company. 6. The figures for the last quarter of the current and previous financial year are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the end of third quarter of the current and previous financial year which were subjected to limited review by Statutory auditors. 7. During the year ended March 31, 2024, the Company has allotted 35,302 and 47,529 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. 8. The Holding Company has maintained at-least 100% security cover on its secured listed non-convertible debentures (NCDs) as on March 31, 2024 (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. 9. The Holding 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. 10. 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. Single segment 2023-04-01 2024-03-31 Audited Consolidated 17350474000.00 0.00 0.00 867168000.00 165819000.00 1795491000.00 0.00 0.00 20178952000.00 27982000.00 20206934000.00 0.00 0.00 0.00 3559104000.00 8283607000.00 326598000.00 75531000.00 0.00 0.00 236250000.00 1472106000.00 13953196000.00 6253738000.00 0.00 6253738000.00 1236854000.00 109942000.00 1346796000.00 4906942000.00 0.00 0.00 0.00 0.00 4906942000.00 1516000.00 4908458000.00 0.00 0.00 0.00 0.00 791397000.00 10 36941755000.00 62.03 61.93 0.00 0.00 62.03 61.93 0.03 Other expenses 372400000.00 Other expenses 1472106000.00 205580000.00 17772636000.00 0.00 122193000.00 0.00 140043668000.00 1821563000.00 3644272000.00 163609912000.00 0.00 117631000.00 0.00 0.00 0.00 296640000.00 0.00 112053000.00 0.00 306120000.00 752180000.00 1584624000.00 165194536000.00 791397000.00 36941755000.00 37733152000.00 0.00 3065000.00 306329000.00 0.00 0.00 14035131000.00 109329826000.00 0.00 0.00 2632397000.00 126306748000.00 0.00 84030000.00 602478000.00 468128000.00 1154636000.00 165194536000.00 Remeasurements of defined benefit liability 3517000.00 Remeasurements of defined benefit liability 2026000.00 3517000.00 2026000.00 885000.00 510000.00 2632000.00 1516000.00 0.00 0.00 0.00 0.00 0.00 0.00 -519191000.00 -25682834000.00 0.00 0.00 0.00 0.00 62786000.00 326598000.00 0.00 0.00 254664000.00 0.00 823676000.00 0.00 0.00 0.00 86046000.00 -165819000.00 0.00 0.00 0.00 0.00 0.00 -24814074000.00 -18560336000.00 0.00 0.00 0.00 1305577000.00 0.00 -19865913000.00 117634000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 13352000.00 327441000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 714342000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -5557235000.00 0.00 -6468032000.00 0.00 0.00 22520000.00 0.00 0.00 0.00 0.00 0.00 45097346000.00 20138797000.00 0.00 207733000.00 0.00 0.00 0.00 -499000.00 24772837000.00 -1561108000.00 0.00 -1561108000.00 1766688000.00 205580000.00