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- Important
- Financial Update
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Aavas Financiers reported Q2FY26 Net Profit of 164 Cr (up 11% YoY) and disbursements of 1,560 Cr (up 36% QoQ, 21% YoY). AUM grew 16% YoY to 21,360 Cr, targeting 18% for the full year. NIMs expanded to 8.04%; asset quality improved, with 1+ DPD at 3.99%. Management is confident in achieving 20%+ annual AUM growth over the next five years via branch expansion into new states (Tamil Nadu entry, AP/Telangana next) and digital channels. They are proactively managing costs, improving cost of funds 17 bps sequentially, and maintaining disciplined underwriting despite localized stress, supported by predictive analytics. Management reiterated full commitment to the company.