Affordable Housing Finance Giant Surpasses Rs 20,000 Crore AUM, Paving New Growth Path!
With a PE ratio of 27.8, the company trades at a discount compared to the industry PE of 19.3. The company has ROCE of 15.9 per cent and ROE of 17.3 per cent.
Aavas Financiers Ltd has achieved a significant milestone by surpassing Rs 20,000 crores in Assets Under Management (AUM), reflecting its commitment to providing accessible housing finance across India. Over the past decade, Aavas has disbursed Rs 33,500 crores to over 3.62 lakh customers, maintaining consistent growth and profitability. With a strong presence in 373 branches across 14 states, primarily in Tier 2 to Tier 5 towns, the company emphasises financial inclusion. Aavas continues to enhance its digital channels and partnerships to reach new customer segments, particularly those new to credit and mortgages. The Indian housing sector, driven by a young population and government initiatives like 'Housing for All,' presents a vast opportunity for growth. Aavas aims to become India's most trusted affordable housing finance company, focusing on serving underbanked customers in smaller markets with risk-adjusted returns.
As of 21 March 2025, Aavas Financiers' stock is priced at Rs 1976. The stock is trading near its 52-week high of Rs 1978.85, with a 52-week low of Rs 1315.7.
Incorporated in 2011, Aavas Financiers Ltd is a retail, affordable housing finance company serving low and middle-income self-employed customers in semi-urban and rural India. The company offers home loans for residential purchases, construction, and repairs, along with loans against property and MSME loans. Aavas has seen substantial growth in its AUM, reaching Rs 18,395 crores as of Q2 FY25. The company has expanded its branch network to 372 branches across 14 states and is focusing on digital transformation to enhance customer service. Aavas plans to further expand its presence in South India and aims to achieve an AUM of Rs 1,00,000 crores by FY32-33.
Aavas Financiers has a market capitalisation of Rs 15,640 crores. The stock has delivered a 1-year return of 46.44% but a 3-year return of -17.14%.
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With a PE ratio of 27.8, the company trades at a discount compared to the industry PE of 19.3. The company has ROCE of 15.9 per cent and ROE of 17.3 per cent.
Investors must keep this Mid-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.