AAVAS / Q2-FY26 / claim-ledger

Audit the questions that mattered.

Aavas Financiers · Analyst questions, management answers, and the quality of the response where the ledger is available.

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PositiveQ2-FY26 · 2025-11-06Back to quarter ↗

Questions audited

Answered directly

68%

Numeric claims

Consistency

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Question ledger

What was answered, and how?

Res · ICICI

partial

Why is yield falling and when will it stabilize?

incremental business is still lower than our existing portfolio which naturally pulls on the blended portfolio and this has been the key driver of the five bps compression during the quarter.

Res · ICICI

partial

When will cost-to-income ratio reach industry average?

we've actually guided that we are committed to bringing the opex to asset ratio below 3% over the medium term.

Nina Kuna · City Group

direct

Why are assignment volumes high and what is the spread?

we generally keep between 15 to 20% growth in the assignment in the volume... now we are doing 7 and a half% plus basically almost 100 bps saving which is giving us a better spread.

Nina Kuna · City Group

direct

Has the entire impact of recognition change played out in Q2?

whatever was on the Q1 the it has played out in Q2 and we don't see any of that really coming in the coming quarters so to say.

Nina Kuna · City Group

partial

Any pressures in particular states or customer profiles for BT out?

BT out rate for H1 stands at about 5.3% which is around 10 bps higher than the same period last year... we don't see anything this is on alarming side.

Analyst · Research desk

direct

Any localized pain from MFI spillover or tariff impacts?

less than 1.8% of AUM would be impacted by those tariff related items... states like Karnataka, Madhya Pradesh and Gujarat had some part of tariff industry related disruptions.

Analyst · Research desk

direct

What changes support the aspirational target of 55,000 cr by FY30?

18% will be driven by branch expansion... 7 to 8% comes from productivity enhancement and 5% is expected from inflation increase in ticket size.

Analyst · Research desk

direct

Is BT out to other HFCs a concern?

we've deployed predictive analytics to identify and engage with potential BT out customers proactively... inhouse sourcing model enables deeper customer relationships.

Analyst · Research desk

evasive

Is everything okay with the promoter group?

I'm here and fully committed to Aavas and its performance and so is the Aavas board and the promoter group.

GKA · ASK Investment

partial

Thoughts on dividend and MP stress?

we will need whatever we have excess capital as of now to meet our growth plans but once we reach at a level where roe versus growth is a good crossing we will start to pay back the duty to shareholders.

GKA · ASK Investment

direct

How do you address employee attrition challenges?

attrition for FY25 has come down by 7 percentage points from FY24 and during Q2 FY26 is further reduced to 17% in Q2 versus 18% last year.

Rhino Shaloshi · Securities

partial

What is incremental lending rate in HL and MSME?

at the overall mix level we are almost 25 basis point lower than our overall portfolio... incremental cost of borrowing is almost 60 basis point plus better than the last year.