Disbursements weak; NIM compression continues

Company
08 Nov 2024
5 Min read 
  • AAVAS Financiers reported 2QFY25 PAT growth of 22% YoY to ~INR1.48b.
  •  Disbursements in 2QFY25 grew 3% YoY to ~INR12.9b.
  •  AUM rose by 20% YoY to ~INR184b.
  •  The company aims to optimize cost ratios by 20-30bp over the next few years.
  •  AAVAS trades at 2.7x FY26E P/BV, reflecting its preparedness for growth and efficiency.
  •  The company's major tech transformations have been completed, ensuring no disruptions ahead.
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