Aavas Financiers, commonly referred to as Aavas, is a prominent housing finance company headquartered in Jaipur, India. Established with a focus on providing home loans, Aavas specifically targets customers in rural and semi-urban areas across the country, making homeownership more accessible in these underserved regions. The company is registered with the National Housing Bank (NHB) as a Housing Finance Company and received its official license in August 2011. Since its inception, Aavas has been committed to serving low- and middle-income families, offering them affordable and tailored home financing solutions. The company’s strong presence in non-metro locations highlights its dedication to addressing the housing needs of the vast population outside India’s major urban centers.
History of AAVAS Financiers Ltd
Aavas Financiers Limited, founded in February 2011 and commencing operations in March 2012, is a prominent housing finance company dedicated to offering home loans in India’s rural and semi-urban regions. The company, which changed its name to “Aavas Financiers Limited” in March 2017, is led by Sachinder Bhinder as MD and CEO. Following its IPO in October 2018, Aavas received substantial investments, including ₹200 crore from CDC Group and ₹345 crore from the International Finance Corporation in 2019. In March 2020, it obtained a $60 million loan from the Asian Development Bank to support women in lower-income groups and later collaborated with IFC to advance Green Housing projects. As of September 2023, Aavas operates 350 branches across 13 states in India, reflecting its significant growth and impact in the housing finance sector.
Latest news about Aavas Financiers Limited
Recent news highlights that CVC Capital Partners intends to acquire a controlling interest in Aavas Financiers. The plan involves buying a 26.47% stake from current promoters at a price of ₹1,635 per share. Furthermore, CVC Capital Partners will extend an open offer to purchase an additional 26% of the company’s shares at ₹1,767 per share. This acquisition values Aavas Financiers at around ₹13,019 crore, representing a substantial move in the housing finance industry.
Shareholding Patterns
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 39.13% | 39.11% | 39.10% | 26.47% | 26.47% |
| FIIs + | 35.01% | 35.49% | 32.32% | 34.80% | 35.88% |
| DIIs + | 14.34% | 14.13% | 15.29% | 23.99% | 24.39% |
| Public + | 11.51% | 11.24% | 13.29% | 14.76% | 13.26% |
| No. of Shareholders | 94,788 | 1,07,718 | 1,32,644 | 1,51,680 | 1,44,395 |
As of June 2023, the shareholding pattern of Aavas Financiers Ltd showed the following distribution: Promoters held 39.13% of the shares, Foreign Institutional Investors (FIIs) owned 35.01%, Domestic Institutional Investors (DIIs) had 14.34%, and the Public held 11.51%. By September 2023, FIIs increased their stake to 35.49%, while Promoters’ share slightly decreased to 39.11%. DIIs’ share fell to 14.13%, and Public ownership decreased to 11.24%.
In December 2023, Promoters’ stake slightly decreased to 39.10%, FIIs’ stake decreased to 32.32%, DIIs’ holding increased to 15.29%, and Public share rose to 13.29%. By March 2024, Promoters significantly reduced their holding to 26.47%, with FIIs increasing their stake to 34.80%. DIIs’ share increased to 23.99%, and Public holding also rose to 14.76%. As of June 2024, Promoters maintained their 26.47% stake, FIIs’ share increased to 35.88%, DIIs’ stake rose to 24.39%, and the Public’s holding was 13.26%.
The number of shareholders grew from 94,788 in June 2023 to 1,44,395 in June 2024, reflecting increasing investor interest and engagement in the company.
How to Purchase AAVAS Financiers Ltd Shares?
Below are the trading platforms that you can use to purchase AAVAS Financiers Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
AAVAS Financiers Ltd Share Price Target 2024 – 2030
AAVAS Financiers Ltd Share Price Target 2024
| When | Maximum Price | Minimum Price |
| August 2024 | 1,749.15 | 1,521.00 |
| September 2024 | 1,819.12 | 1,581.84 |
| October 2024 | 1,783.45 | 1,550.83 |
| November 2024 | 1,854.79 | 1,612.86 |
| December 2024 | 1,873.34 | 1,628.99 |
In 2024, AAVAS Financiers Ltd is projected to experience the following monthly price ranges: In August, the stock is expected to reach a maximum of ₹1,749.15 and a minimum of ₹1,521.00. By December, the projected maximum price is ₹1,873.34, with a minimum of ₹1,628.99.
AAVAS Financiers Ltd Share Price Target 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 1,892.07 | 1,455.44 |
| February 2025 | 1,911.18 | 1,470.14 |
| March 2025 | 1,951.32 | 1,501.01 |
| April 2025 | 1,932.00 | 1,486.15 |
| May 2025 | 1,875.73 | 1,442.87 |
| June 2025 | 1,960.13 | 1,507.79 |
| July 2025 | 1,921.70 | 1,478.23 |
| August 2025 | 1,981.13 | 1,523.95 |
| September 2025 | 2,004.91 | 1,542.24 |
| October 2025 | 2,057.03 | 1,582.33 |
| November 2025 | 2,108.46 | 1,621.89 |
| December 2025 | 2,203.34 | 1,694.88 |
In 2025, AAVAS Financiers Ltd is projected to experience the following monthly price ranges: In January, the stock is expected to reach a maximum of ₹1,892.07 and a minimum of ₹1,455.44. Moving towards December, the projected maximum price is ₹2,203.34, with a minimum of ₹1,694.88.
AAVAS Financiers Ltd Share Price Target 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 2,269.44 | 1,745.72 |
| February 2026 | 2,212.70 | 1,702.08 |
| March 2026 | 2,256.96 | 1,736.12 |
| April 2026 | 2,303.02 | 1,771.55 |
| May 2026 | 2,280.22 | 1,754.01 |
| June 2026 | 2,337.22 | 1,797.86 |
| July 2026 | 2,291.39 | 1,762.61 |
| August 2026 | 2,362.26 | 1,817.13 |
| September 2026 | 2,409.51 | 1,853.47 |
| October 2026 | 2,472.16 | 1,901.66 |
| November 2026 | 2,533.96 | 1,949.20 |
| December 2026 | 2,597.31 | 1,997.93 |
AAVAS Financiers Ltd Share Price Target 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 2,623.28 | 2,017.91 |
| February 2027 | 2,690.54 | 2,069.65 |
| March 2027 | 2,795.48 | 2,150.37 |
| April 2027 | 2,740.66 | 2,108.20 |
| May 2027 | 2,660.84 | 2,046.80 |
| June 2027 | 2,780.58 | 2,138.90 |
| July 2027 | 2,726.05 | 2,096.96 |
| August 2027 | 2,810.37 | 2,161.82 |
| September 2027 | 2,908.73 | 2,237.48 |
| October 2027 | 2,984.35 | 2,295.66 |
| November 2027 | 3,058.96 | 2,353.05 |
| December 2027 | 3,135.44 | 2,411.88 |
AAVAS Financiers Ltd Share Price Prediction 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 3,198.15 | 2,460.11 |
| February 2028 | 3,280.15 | 2,523.19 |
| March 2028 | 3,408.08 | 2,621.60 |
| April 2028 | 3,341.25 | 2,570.19 |
| May 2028 | 3,243.93 | 2,495.33 |
| June 2028 | 3,389.91 | 2,607.62 |
| July 2028 | 3,323.44 | 2,556.49 |
| August 2028 | 3,426.23 | 2,635.56 |
| September 2028 | 3,546.15 | 2,727.80 |
| October 2028 | 3,638.35 | 2,798.73 |
| November 2028 | 3,729.30 | 2,868.70 |
| December 2028 | 3,822.54 | 2,940.41 |
AAVAS Financiers Ltd Share Price Target 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 3,898.99 | 2,999.22 |
| February 2029 | 3,998.96 | 3,076.12 |
| March 2029 | 4,154.92 | 3,196.09 |
| April 2029 | 4,073.45 | 3,133.42 |
| May 2029 | 3,954.81 | 3,042.16 |
| June 2029 | 4,132.77 | 3,179.06 |
| July 2029 | 4,051.74 | 3,116.72 |
| August 2029 | 4,177.05 | 3,213.12 |
| September 2029 | 4,323.25 | 3,325.58 |
| October 2029 | 4,435.65 | 3,412.04 |
| November 2029 | 4,546.54 | 3,497.34 |
| December 2029 | 4,660.21 | 3,584.77 |
AAVAS Financiers Ltd Share Price Prediction 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 4,753.41 | 3,656.47 |
| February 2030 | 4,875.29 | 3,750.23 |
| March 2030 | 5,065.43 | 3,896.48 |
| April 2030 | 4,966.11 | 3,820.08 |
| May 2030 | 4,821.46 | 3,708.82 |
| June 2030 | 5,038.43 | 3,875.72 |
| July 2030 | 4,939.64 | 3,799.72 |
| August 2030 | 5,092.41 | 3,917.24 |
| September 2030 | 5,270.64 | 4,054.34 |
| October 2030 | 5,407.68 | 4,159.75 |
| November 2030 | 5,542.87 | 4,263.75 |
| December 2030 | 5,681.44 | 4,370.34 |
In 2030, AAVAS Financiers Ltd is projected to experience the following monthly price ranges: In January, the stock is expected to reach a maximum of ₹4,753.41 and a minimum of ₹3,656.47. By December, the projected maximum price is ₹5,681.44, with a minimum of ₹4,370.34.
Financial Condition of AAVAS Financiers Ltd: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Revenue | 902 | 1,103 | 1,304 | 1,608 | 2,018 | 2,093 |
| Interest | 356 | 458 | 478 | 591 | 828 | 877 |
| Expenses + | 225 | 273 | 349 | 441 | 535 | 540 |
| Financing Profit | 321 | 372 | 477 | 576 | 654 | 676 |
| Financing Margin % | 36% | 34% | 37% | 36% | 32% | 32% |
| Other Income + | 1 | 2 | 1 | 2 | 3 | 3 |
| Depreciation | 20 | 21 | 24 | 29 | 33 | 34 |
| Profit before tax | 302 | 353 | 455 | 549 | 624 | 645 |
| Tax % | 18% | 18% | 22% | 22% | 21% | |
| Net Profit + | 249 | 290 | 357 | 430 | 491 | 507 |
| EPS in Rs | 31.81 | 36.88 | 45.2 | 54.41 | 62 | 64.07 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Over the past five years, Aavas Financiers has demonstrated impressive financial performance and growth. Revenue surged from ₹902 crore in March 2020 to ₹2,018 crore by March 2024, reflecting successful expansion and a stronger market presence. Although interest expenses rose from ₹356 crore to ₹828 crore and total expenses increased from ₹225 crore to ₹535 crore, the company managed to grow its financing profit from ₹321 crore to ₹654 crore. Despite a slight decline in financing margin from 36% to 32%, profitability remained strong. Other income grew modestly from ₹1 crore to ₹3 crore, while depreciation rose from ₹20 crore to ₹33 crore. The profit before tax climbed from ₹302 crore to ₹624 crore, and net profit increased from ₹249 crore to ₹491 crore, with EPS rising from ₹31.81 to ₹62. The absence of dividend payouts suggests a focus on reinvestment, and the TTM figures highlight consistent performance and operational efficiency.
FAQS
What is the current share price of AAVAS Financiers Ltd?
The current share price of AAVAS Financiers Ltd is subject to change as it depends on various market factors. Although it currently is Rs ₹1,736 as of 12th August 2024.
Is AAVAS Financiers Ltd a good stock to buy?
AAVAS Financiers Ltd is a reputable and profitable company with a strong track record, making it a good stock to consider for long-term investment.
How can an investor keep track of AAVAS Financiers Ltd’s share price target?
An investor can keep track of AAVAS Financiers Ltd’s share price target through financial news and analysis, monitoring the company’s financial reports, and consulting with financial advisors.
What is AAVAS Financiers Ltd’s share price target for 2025?
In 2025, AAVAS Financiers Ltd’s share price target is expected to indicate that the share could be trading in the range of ₹1,442.87 to ₹2,203.34.
What is AAVAS Financiers Ltd’s share price target for 2030?
In 2030, AAVAS Financiers Ltd share price target is projected to indicate that the share could be trading in the range of ₹5,681.44 to ₹3,656.47.
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Conclusion
In summary, Aavas Financiers Ltd has shown remarkable financial growth over the last five years, with revenue rising from ₹902 crore in March 2020 to ₹2,018 crore by March 2024. The company’s financing profit grew significantly from ₹321 crore to ₹654 crore, and net profit increased from ₹249 crore to ₹491 crore, showcasing solid operational performance. Despite facing higher expenses and interest costs, Aavas has sustained strong profitability, with EPS increasing from ₹31.81 to ₹62. Projected share prices for 2025 are estimated between ₹1,487.53 and ₹2,217.20, potentially reaching ₹5,717.17 by 2030. With a current P/E ratio of 27.1, Aavas Financiers is positioned for continued success and value enhancement.
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