Aavas Financiers Limited
4,801words
2turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
100%
13%
36%
70%
50%
53%
47%
10X
99%
30%
38%
Guidance — 1 items
Key Transformation Partners
opening
“Processing Fee) Interest Income on Fixed Deposits Upfronting Income on Fresh Assigned Loans Q3 FY25 Q3 FY24 Y-o-Y Q2 FY25 Q-o-Q 9M FY25 9M FY24 Y-o-Y 5,188.0 4,351.6 19.2% 4,969.7 4.4% 14,991.2 12,703.4 18.0% 352.9 532.0 372.4 447.6 340.0 585.4 (403.6) 1,018.5 1,041.0 1,422.7 1,244.3 (1,185.6) (984.0) Reversal Income on Earlier Assigned Loans (420.4) (350.6) Non-Interest Income 326.7 270.9 20.6% 313.0 Interest Expense (incl.”
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Risks & concerns — 5 flagged
the highest Ensure level of customer privacy and data security by ensuring zero data breaches & fraud risk minimization.
— GAAP
The Board of Directors helps improve corporate credibility and governance standards and manage risk and independent oversight in the Company.
— GAAP
ESG Reporting- The enhancement in ESG risk assessment rating score to 70.62 from 65 is due to better ESG reporting, the introduction of an ESG policy, the setting of ESG targets and continuous initiatives aimed at meeting those targets.
— GAAP
its commitment to Rating Agencies CRISIL Ratings Rating- Sep’24 61 – Strong Rating- Dec’24 61 – Strong ESG RISK ASSESSMENT 65 – Strong 70.62 – Strong MORNINGSTAR* (Sustainalytics) *Note: A lower ESG risk rating indicates better performance.
— GAAP
23.94 – Medium Risk 23.94 – Medium Risk ESG related reports & an independent review of ESG initiatives available on website: https://www.aavas.in/esg-reporting 35 Contact Us For further information, please contact : Aavas Financiers Limited CIN: L65922RJ2011PLC034297 (www.aavas.in) Mr.
— GAAP
Speaking time
1
1
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Opening remarks
Key Transformation Partners
10 Technology Transformation Outcomes Login to Sanction TAT (Days) Online Disbursal Transfers Outcomes 11 -36% 10 7 70% 50% 53% Q3FY23 Q3FY24 Q3FY25 Q3FY23 Q3FY24 Q3FY25 Papers Per File (Nos) 105 -47% 77 57 Q3FY23 Q3FY24 Q3FY25 ▪ ▪ ▪ ▪ ▪ ▪ ▪ Scalable enterprise architecture to support 10X+ scale with > 99% business uptime Bank level systems with robust regulatory compliances Automations and integrations in banking transaction authorizations leading to reduction in financial risks Login to Sanction TAT has reduced by over 30% to 7 days, substantially boosting productivity. Additionally, the time for Sanction to Realization has been cut by 38%. Fully integrated systems leading to better visibility, inter team collaborations and seamless customer service new infrastructure has The disbursal to 70%, which previously were around 50%. increased Online IT This also facilitated, in Aavas to become eco-friendly and cut the paper usage by 47%, as printing & stationery, scanning and related stora
GAAP
Adoption of EIR for amortisation of Income and expenses - financial assets at amortised cost / net interest on credit impaired loans (221.9) (193.8) Adoption of EIR for amortisation of expenses - financial liabilities at amortised cost Net gain from excess interest spread on assignment transactions Expected Credit Loss (ECL) Other Adjustments Deferred Tax impact on above adjustments and reversal of DTL on special reserve and other tax impact 119.6 3,330.8 (47.3) (242.9) 552.3 75.7 3,093.7 (62.2) (235.1) 404.1 Net Worth as per Ind AS 41,968.7 37,733.2 33 Environmental, Social & Governance Pillars for Sustainable Future Robust Corporate Governance Green Planet Nurturing Workplace Create a healthy planet by carbon our reducing footprint, optimizing energy consumption & mitigating climate change. Create a healthy & diverse workplace where is nurtured, recognized & rewarded. talent Responsible Lending Secure Customer Create a positive impact on the environment & society through our responsi
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