Aavas Financiers Ltd. News and Updates

Name: Latest research reports of Aavas Financiers Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: Aavas Financiers Ltd.
Rating: 3
Author: Motilal Oswal

Keep track of all breaking news on Aavas Financiers Ltd. from all sources in a single place.

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Aavas Financiers Ltd.

30 Oct 2023

1803.30

-1.08%

Neutral AAVAS Financiers; target of Rs 1700: Motilal Oswal

Moneycontrol

Motilal Oswal recommended Neutral rating on AAVAS Financiers with a target price of Rs 1700 in its research report dated October 29, 2023.

Aavas Financiers Ltd. is trading below its 30 day SMA of 1981.3

Aavas Financiers Ltd.

29 Oct 2023

1803.30

-1.08%

Disbursements yet to gain momentum even as NIM contracts

Neutral: Aavas Financiers Ltd.

Target

Motilal Oswal

Aavas Financiers Ltd. is trading below its 30 day SMA of 1981.3

Aavas Financiers Ltd.

28 Oct 2023

1803.30

-1.08%

Credit growth gaining traction; IT transformation happening as planned

buy: Aavas Financiers Ltd.

ICICI Securities Limited

The top management of Aavas Financiers (Aavas) changed in May’23, yet, its H1FY24 and Q2FY24 financial performances have been encouraging and reinforce our view that the new management team would be able to maintain its industry-leading position in AHFC space and deliver 2.5-3% RoA and 15-20% RoE on a steady basis. Notably, disbursements grew 18% QoQ after falling >30% QoQ in Q1FY24 owing to seasonality (Q1 generally being a weak quarter) and IT transformation.

Aavas Financiers Ltd. is trading below its 30 day SMA of 1981.3

Aavas Financiers Ltd.

27 Oct 2023

1803.30

-1.08%

Aavas Financiers Results Earnings Call for Q2FY24

Conference Call with Aavas Financiers Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript.

audio

Aavas Financiers Ltd.

30 Aug 2023

1803.30

-1.08%

A story whose time has come (Again)

Buy: Aavas Financiers Ltd.

Bonanza

Aavas Financiers Ltd (AAVAS) is a fundamentally strong HFC with best-in-class asset quality, a well-capitalized balance sheet, a healthy growth trajectory and consistently delivering ROAs >3.5%. AAVAS has demonstrated an execution track record by generating strong risk-adjusted returns despite a large self-employed asset mix.

Number of FII/FPI investors decreased from 227 to 200 in Mar 2025 qtr

Aavas Financiers Ltd.

08 Aug 2023

1803.30

-1.08%

Neutral AAVAS Financiers; target of Rs 1680: Motilal Oswal

Moneycontrol

Motilal Oswal recommended Neutral rating on AAVAS Financiers with a target price of Rs 1680 in its research report dated August 05, 2023.

ICICI Securities Limited downgraded Aavas Financiers Ltd. to Hold with a price target of 2100.0 on 25 Apr, 2025.

Hold AAVAS Financiers; target of Rs 1560: Prabhudas Lilladher

Moneycontrol | 07 Aug 2023

Aavas Financiers Ltd.

07 Aug 2023

1803.30

-1.08%

Muted quarter but transitory in nature; IT transformation and management stability reinforce our view that company is likely to sustain its industry-leading position in AHFC space

Buy: Aavas Financiers Ltd.

Recommendation Target

ICICI Securities Limited

The past six months have been challenging for Aavas Financiers (Aavas) mainly due to top-management change. Despite concerns over its growth trajectory due to the apex-level change as well as IT transformation and NIM compression, the company’s performance in Q1FY24 reinforces our view that it will remain industry-leader in the AHFC space.