AAVAS Financiers Ltd
Next 500 2024
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OVERVIEW
FINANCIALS
About
AAVAS Financiers is a leading housing finance company in India, focused on providing home loans to low and middle-income segments in semi-urban and rural areas. The company offers customised financial solutions for purchasing, constructing, and renovating residential properties, promoting affordable housing and financial inclusion. With a deep understanding of customer needs, AAVAS Financiers ensures accessible and flexible loan offerings, supported by a robust risk management framework. Its strong market presence and commitment to empowering underserved communities make it a key player in India's housing finance sector, bridging the gap between aspiration and homeownership for countless individuals and families.
Incorporation Year: 2011
Headquarters: Jaipur, India
Top Management: Sushil Kumar Agarwal (MD & CEO)
Industry: BFSI
Website: www.aavas.in
Featured In Fortune India Ranking
Next 500 India
#356(2024)#297(2023)#230(2022)#295(2021)#464(2020)
#356(2024)#297(2023)#230(2022)#295(2021)#464(2020)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
2,021
(INR Cr)
Net Operating Income
2,018
(INR Cr)
Assets
16,172
(INR Cr)
Profit
491
(INR Cr)
Net Worth
3,773
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2021 25.5% | 1611 23.4% | 1306 18.1% | 1106 22.4% | 903 27.0% | 711 43.8% | 494 61.9% | 305 60.0% | 191 84.0% | 104 91.0% | 54 208.8% | 18 3990.7% | 0 - |
| Net Operating Income (INR Cr) | 2018 25.43% | 1609 23.33% | 1304 18.23% | 1103 22.25% | 903 27.09% | 710 43.88% | 494 0.00% | 305 59.85% | 191 84.10% | 104 90.90% | 54 208.75% | 18 4,088.10% | 0 0.00% |
| Profit (INR Cr) | 491 14.2% | 430 21.0% | 355 22.9% | 289 16.0% | 249 41.5% | 176 89.2% | 93 62.8% | 57 74.3% | 33 71.8% | 19 201.0% | 6 235.5% | 2 - | 0 - |
| Assets (INR Cr) | 16172 22.9% | 13157 21.6% | 10818 23.2% | 8779 17.4% | 7480 36.2% | 5490 38.9% | 3952 66.5% | 2374 42.2% | 1669 105.0% | 814 97.7% | 412 128.1% | 181 563.4% | 27 - |
| Net Worth (INR Cr) | 3773 15.4% | 3270 16.5% | 2806 16.9% | 2401 14.4% | 2098 14.2% | 1837 54.4% | 1190 0.0% | 566 177.9% | 204 100.9% | 101 83.0% | 55 90.5% | 29 6.9% | 27 0.0% |
| Employee Cost (INR Cr) | 356 18.0% | 302 28.7% | 234 35.4% | 173 17.4% | 147 25.7% | 117 5.1% | 112 159.1% | 43 46.3% | 29 93.4% | 15 40.7% | 11 103.4% | 5 - | 0 - |
| Interest Cost (INR Cr) | 828 | 591 | 478 | 458 | 356 | 255 | 193 | 143 | 97 | 53 | 30 | 7 | 0 |
| Cash & Bank Balance (INR Cr) | 1798 | 1393 | 1546 | 1125 | 1197 | 684 | 569 | 276 | 235 | 11 | 2 | 6 | 26 |
| Total Debt (INR Cr) | 12398 | 9887 | 8012 | 6378 | 5382 | 3653 | 2755 | 1793 | 1447 | 704 | 354 | 151 | 0 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 24.3% | 26.7% | 27.2% | 26.1% | 27.6% | 24.8% | 18.8% | 18.7% | 17.2% | 18.4% | 11.7% | 10.7% | - |
| Profit As % Of Assets | 3.0% | 3.3% | 3.3% | 3.3% | 3.3% | 3.2% | 2.4% | 2.4% | 2.0% | 2.3% | 1.5% | 1.1% | - |
| Profit As % Of Networth | 13.0% | 13.1% | 12.7% | 12.0% | 11.9% | 9.6% | 7.8% | 10.1% | 16.1% | 18.8% | 11.4% | 6.5% | - |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | 13.9% | 14.1% | 13.6% | 12.8% | 12.7% | 11.6% | 7.8% | 14.8% | 21.5% | 24.3% | 11.4% | 6.7% | - |
| ROCE | 9.9% | 9.5% | 9.5% | 10.0% | 10.2% | 10.9% | 8.3% | 11.4% | 11.8% | 13.3% | 9.6% | 9.5% | 0.3% |