Aavas Financiers Management Guidance Tracker

Management raised AUM growth guidance to around 18% for FY26, up from earlier expectations, driven by strong disbursement momentum.

Management reiterated guidance to keep credit cost below 25 basis points, supported by strong asset quality and proactive risk management.

Management targets 25% growth in disbursements for FY27, driven by branch expansion, digital channels, and productivity improvements.

Loan book growth expected to be 17-18% in FY27, about 300bps higher than FY26.

Management targets consistent 20%+ AUM growth to outperform industry, driven by sharper execution and geographic expansion.

Company plans to add 20-25 branches in the second half, including 8 more in Tamil Nadu, to deepen penetration in existing markets.

Management committed to bringing operating expense to asset ratio below 3% over the medium term through operating leverage and technology benefits.

Despite a 15bps PLR cut, spreads are expected to stay in the 5.20-5.25% range, supported by further cost of funds reduction.

Opex-to-asset ratio expected to improve by 25bps in FY27 due to operating leverage and digital initiatives.

Management reiterated guidance to keep credit costs under 25bps on a sustainable basis, supported by strong underwriting.

CFO guided that opex to AUM ratio will trend below 3% as balance sheet doubles, driven by operating leverage.

Management expressed confidence in maintaining spread above 5% through risk-adjusted pricing and stable cost of funds.