AAVAS Financiers Ltd - 541988 - Newspaper Clippings Of Audited Financial Results For Quarter And Year Ended March 31, 2022 Of Aavas Financiers Limited.
Newspaper clippings of Audited Financial Results for quarter and year ended March 31, 2022. Q4FY22 Quarterly Result Announced for Aavas Financiers Ltd.
Housing Finance company Aavas Financiers declares Q4FY22 result: AUM of Rs. 113,502 Mn; Growth of 20% YoY PAT at Rs. 3,575 Mn; Growth of 29% YoY (like-for-like basis) Gross Stage 3 at 0.99% (includes 0.31% of upto 90 DPD assets) ROA at 3.58%; Increased by 8 bps YoY Sufficient Liquidity of Rs. 32,050 Mn Positive ALM & Strong Capital Base Commenting on the performance Mr. Sushil Kumar Agarwal, CEO said: "Dear All. Hope everybody is keeping safe & healthy. The country witnessed a third wave of COVID starting from December 2021 to mid of February 2022 which was relatively milder than the prior ones. After remaining low till mid of April 2022, the COVID cases have again started to show an uptick in the last few weeks. We continue to adopt a cautious approach on growth in these circumstances with focus on maintaining the asset quality & operating metrices. During the quarter, we disbursed Rs. 12,872 Mn registering 27% YoY growth while for the full year, we have disbursed Rs. 36,022 Mn registering 36% YoY growth. At the same time, we continued to borrow judiciously & raised Rs. 43,884 Mn at 6.04% during the year. As on 31st March 2022, we maintained a sufficient liquidity of Rs. 32,050 Mn in the form of cash & cash equivalents and un-availed documented sanctions. With our continued focus & efforts on collections, 1+ DPD has improved from 6.45% in Dec-21 to 4.47% in Mar-22 and Gross Stage 3 assets with DPD above 90 have come down in absolute terms from Rs. 710.7 Mn in Dec-21 to Rs. 619.6 Mn in Mar-22. Additionally, we have also categorized Rs. 284.0 Mn of assets with DPD upto 90 as GNPA/Gross Stage 3 following RBI's notification dated 12th November 2021 to harmonize IRACP norms. As a result, the Gross Stage 3 exposure as of Mar-22 stands at 0.99% as against 0.68% in the absence of any changes in IRACP norms by RBI. We have built up a strong network of 314 branches to deliver best-in-class and uninterrupted service to our customers. We reaffirm our commitment to deliver sustainable long-term business and earnings growth. On behalf of Team Aavas, I would like to thank all the stakeholders for their continued support & guidance." Result PDF AAVAS Financiers Ltd - 541988 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed herewith a copy of Investor Presentation of the Company on the Audited Financial Results for the quarter and year ended March 31, 2022. AAVAS Financiers Ltd - 541988 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed herewith the Investor Release on the Financial and Operational performance of the Company for the quarter and year ended March 31, 2022. AAVAS Financiers Ltd - 541988 - Financial Results For Quarter And Year Ended March 31, 2022
Audited Financial (Standalone and Consolidated) Results of the Company for the quarter and year ended March 31, 2022 and took note of the Audit Report thereon, submitted by Statutory Auditors, Walker Chandiok & Co LLP, Chartered Accountants (enclosed) AAVAS Financiers Ltd - 541988 - Board Meeting Outcome for Outcome Of The Board Meeting Held On Thursday, May 05, 2022 As Per Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
Outcome of the Board Meeting held on Thursday, May 05, 2022 as per Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 AAVAS Financiers Ltd - 541988 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Intimation of Allotment of 9,943 Equity Shares pursuant to exercise of Employee Stock Option. AAVAS Financiers Ltd - 541988 - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Company AAVAS Financiers Ltd 2 CIN NO. L65922RJ2011PLC034297 3 Report filed for FY 2021-2022 Details of the Current block (all figures in Rs crore): 4 2 - year block period (Specify financial years)* FY 2021-22, 2022-23 5 Incremental borrowing done in FY (T)(a) 2833.00 6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 708.25 7 Actual borrowing done through debt securities in FY (T)(c) 199.00 8 Shortfall in the borrowing through debt securities, if any, for FY (T - 1) carried forward to FY (T) (d) NA 8Quantum of (d), which has been met from (c)(e)* NA 9 Shortfall, if any, in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative, write 'nil'}* 509.25 Details of penalty to be paid, if any, in respect to previous block (all figures in Rs crore): 2 - year Block period (Specify financial years)FY 2020-21, 2021-22 Amount of fine to be paid for the block, if applicable Fine = 0.2% of {(d) - (e)}#0.00 Name of the Company Secretary :-Sharad PathakDesignation :-Company Secretary and compliance Officer Name of the Chief Financial Officer :- Ghanshyam Rawat Designation : -Chief Financial Officer Date: 04/05/2022 AAVAS Financiers Ltd - 541988 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayAAVAS Financiers Ltd 2CINL65922RJ2011PLC034297 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 7989.00 4Highest Credit Rating during the previous FY AA-Positive 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. YES Name of the Company Secretary: Sharad Pathak Designation: Company Secretary and Compliance Officer EmailId: sharad.pathak@aavas.in Name of the Chief Financial Officer: Ghanshyam Rawat Designation: Chief Financial Officer EmailId: ghanshyam.rawat@aavas.in Date: 29/04/2022 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.