Aavas Financiers Limited

AAVAS

INE216P01012

Banks

Market Closed - NSE India S.E. Other stock markets 07:43:53 2024-06-28 EDT			5-day change	1st Jan Change
1,853 ^INR	-1.04%		-3.22%	+20.94%

06-24	ICRA Affirms AA Rating on AAVAS Financiers' Bonds; Outlook Stable	MT
06-08	Aavas Financiers Limited Approves the Appointment of Selvin Uthaman as Chief Business Officer	CI

Aavas Financiers Limited Announces Resignation of Kartikeya Dhruv Kaji as Promoter Nominee Director

May 21, 2024 at 08:37 am

Aavas Financiers Limited announced the resignation furnished by Mr. Kartikeya Dhruv Kaji Promoter Nominee Director (nominee of Lake District Holdings Limited) with effect from May 21, 2024, due to personal reasons and preoccupations.

Latest news about Aavas Financiers Limited

ICRA Affirms AA Rating on AAVAS Financiers' Bonds; Outlook Stable	06-24	MT
Aavas Financiers Limited Approves the Appointment of Selvin Uthaman as Chief Business Officer	06-08	CI
Aavas Financiers Limited Announces Resignation of Kartikeya Dhruv Kaji as Promoter Nominee Director	05-21	CI
Aavas Financiers Limited Announces Siddharth Srivastava Resigns as Chief Business Officer	05-06	CI
Jefferies Adjusts Aavas Financiers' Price Target to INR2,000 From INR1,940, Keeps at Buy	04-26	MT
Transcript : Aavas Financiers Limited, Q4 2024 Earnings Call, Apr 25, 2024	04-25
AAVAS Financiers' Consolidated Profit Jumps in Fiscal Q4	04-25	MT
Aavas Financiers Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024	04-25	CI
Aavas Financiers Limited Reports Earnings Results for the Full Year Ended March 31, 2024	04-25	CI
Jefferies Adjusts Aavas Financiers' Price Target to INR1,940 From INR1,950, Keeps at Buy	02-05	MT
Transcript : Aavas Financiers Limited, Q3 2024 Earnings Call, Feb 02, 2024	02-01
Aavas Financiers Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	02-01	CI
ICRA Keeps AA Rating on AAVAS Financiers' Bank Financing; Outlook Stable	01-04	MT
Aavas Financiers Limited Approves the Issuance of Up to 6,500 Rated, Unlisted, Senior, Secured, Redeemable, Non-Convertible Debentures	12-22	CI
Transcript : Aavas Financiers Limited, Q2 2024 Earnings Call, Oct 27, 2023	23-10-27
AAVAS Financiers' Consolidated Net Profit Climbs in Fiscal Q2	23-10-27	MT
Aavas Financiers Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	23-10-26	CI
Transcript : Aavas Financiers Limited, Q1 2024 Earnings Call, Aug 04, 2023	23-08-04
Aavas Financiers Records Rise in Fiscal Q1 Consolidated Net Profit	23-08-04	MT
Aavas Financiers Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-03	CI
Aavas Financiers to Raise Up to INR1.50 Billion from Bond Offering	23-06-28	MT
Aavas Financiers Limited Announces Issue of Rated, Listed, Senior, Secured, Redeemable, Non-Convertible Debentures of INR 1.5 Billion	23-06-28	CI
Transcript : Aavas Financiers Limited - Analyst/Investor Day	23-05-24
Jefferies Adjusts Aavas Financiers’ Price Target to INR1,950 From INR2,500, Keeps at Buy	23-05-05	MT
AAVAS Financiers's Consolidated Profit Climbs in Fiscal Q4	23-05-04	MT

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Company Profile

Aavas Financiers Limited is an India-based retail, affordable housing finance company, primarily serving low- and middle-income self-employed customers in semi-urban and rural areas. The Company's product offering consists of home loans for the purchase or construction of residential properties, and for the extension and repair of existing housing units, loan against property and micro, small and medium enterprises loan (MSME) loans. Its Website has a portal for online application of loans which offers services like branch locator, home loan equated monthly instalment calculator, details on specific products like construction loans, MSME loans and others. Customers also have the option to apply for loans through Aavas Loan Mobile App. It operates in over 13 states with a total of 371 branches. It operates in various states including Rajasthan, Maharashtra, Gujarat, Madhya Pradesh, Haryana, Uttar Pradesh, Chhattisgarh, Uttarakhand, Punjab, Himachal Pradesh, Delhi, Odisha and Karnataka.

Sector

Banks

Calendar

2024-07-31 - Q1 2025 Earnings Release (Projected)

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Ratings for Aavas Financiers Limited

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1,853 INR

Average target price

1,806 INR

Spread / Average Target

-2.53%

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