AAVAS2024-10-012024-12-31 AAVAS2024-10-012024-12-31 AAVAS2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member AAVAS2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member AAVAS2024-12-31 AAVAS2024-12-31 AAVAS2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member AAVAS2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 541988 AAVAS NOTLISTED Aavas Financiers Limited Equity 2024-04-01 2025-03-31 2025-01-30 2025-01-20 INR Lakhs Third quarter 2025-01-30 14:45:00 2025-01-30 15:44:00 false Not applicable Single segment HFC-SI 2024-10-01 2024-12-31 Unaudited Standalone 5120552000.00 0.00 0.00 261823000.00 53083000.00 531959000.00 0.00 0.00 5967417000.00 11756000.00 5979173000.00 0.00 0.00 0.00 906447000.00 2587054000.00 92223000.00 25370000.00 0.00 0.00 60729000.00 423386000.00 4095209000.00 1883964000.00 0.00 1883964000.00 361892000.00 57843000.00 419735000.00 1464229000.00 0.00 0.00 0.00 0.00 1464229000.00 0.00 1464229000.00 0.00 0.00 791438000.00 10 18.50 18.45 0.00 0.00 18.50 18.45 0.03 1.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”). 2. The above results for the quarter and nine months ended December 31, 2024 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on January 30, 2025 and subjected to limited review by the joint statutory auditors of the Company. The financial results for the quarter and nine months ended December 31, 2023 and year ended March 31, 2024 were reviewed/audited by Walker Chandiok & Co LLP, Chartered Accountants. 3. During the nine months ended December 31, 2024, the Company has allotted 2,875 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. 4. 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. Hence Aavas Financiers Limited don’t have any subsidiary/associate/joint venture company(ies), as on December 31, 2024. 5. Disclosures pursuant to RBI Notification-RBI/DOR/2021-22/86 DOR.STR.REC.51/21.04.048/2021-22 dated September 24, 2021 (a) Details of transfer through assignment in respect of loans not in default during the quarter and nine months ended December 31, 2024 (b) Details of transfer through Co-lending in resepct of loans not in default during the quarter and nine months ended December 31, 2024 (c) The Company has not transferred or acquired, any stressed loans during the quarter and nine months ended December 31, 2024 (d) The Company has not acquired, any loans not in default during the quarter and nine months ended December 31, 2024 6. Disclosure in compliance with Regulation 52(4) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 for the quarter and nine months ended December 31, 2024 is attached as Annexure A. 7. The Company has maintained at-least 100% security cover on its secured listed non-convertible debentures (NCDs) as on December 31, 2024 (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. 8. 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. 9.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 2024-04-01 2024-12-31 Unaudited Standalone 14824147000.00 0.00 0.00 765603000.00 170458000.00 1422714000.00 0.00 0.00 17182922000.00 26348000.00 17209270000.00 0.00 0.00 0.00 2658056000.00 7427309000.00 266611000.00 57405000.00 0.00 0.00 194844000.00 1211392000.00 11815617000.00 5393653000.00 0.00 5393653000.00 1101477000.00 87886000.00 1189363000.00 4204290000.00 0.00 0.00 0.00 0.00 4204290000.00 -1163000.00 4203127000.00 0.00 0.00 791438000.00 10 41177244000.00 53.12 52.96 0.00 0.00 53.12 52.96 0.03 Other expenses 423386000.00 Other expenses 1211392000.00 0.00 0.00 0.00 0.00 Remeasurements of defined benefit liability 0.00 Remeasurements of defined benefit liability -1554000.00 0.00 -1554000.00 0.00 -391000.00 0.00 -1163000.00