Aavas Financiers reported audited results for the quarter and year ended 31 March 2026, announcing assets under management (AuM) of Rs 234.5 bn, a 15 per cent rise year on year. Net profit for the year was Rs 6.56 bn, reflecting 14 per cent growth, while net interest income increased to Rs 13.56 bn, up 17 per cent. The company recorded a spread of 5.20 per cent and a net interest margin of 7.93 per cent for the year.

Full-year disbursements totalled Rs 67.75 bn, up 11 per cent year on year, and quarter disbursements were Rs 23.48 bn, a 36 per cent sequential jump. The lender added 31 branches in the quarter, taking the network to 435 branches across 15 states, with expansion focused on Tamil Nadu, Uttar Pradesh and Gujarat. Management said the expansion aimed to deepen distribution reach and drive disbursement momentum in high-potential markets.

Asset quality remained strong, with gross stage three at 1.05 per cent and one plus days past due at 3.17 per cent as of March 2026. Credit costs improved to 13 basis points in the quarter, and the company reiterated guidance to keep credit costs below 25 basis points on a sustainable basis. Cost-to-income ratio remained stable at 45.9 per cent, reflecting improved efficiency amid measured growth.

Net worth rose to Rs 50.51 bn, up 16 per cent year on year, underpinned by internal accruals and a strong capital position. The company secured commitments of around Rs 9.75 bn (about USD 108 mn) from a multilateral institution and issued approximately Rs 500 mn of AAA-rated PTC securities, reflecting continued access to cost-effective funding. The company said it would focus on digital platforms, governance, cost optimisation and productivity to sustain quality-led growth.