AAVASFINANCIERS / Q4-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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PositiveQ4-FY26 · 2026-04-??Back to quarter ↗

Questions audited

Answered directly

64%

Numeric claims

Consistency

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Question ledger

What was answered, and how?

Renees Bua · ICICI Securities

direct

What is the medium-term growth outlook and target for FY27/28?

Our aspiration clearly is to consistently deliver uh 20% plus AUM growth largely to outperform industry.

Renees Bua · ICICI Securities

evasive

Where do you see ROE settling, given acquisition and opex?

I think high teams is where our eyes are very clearly set on return on equity.

Renees Bua · ICICI Securities

direct

Where will spreads settle given further repo cuts?

we reached a spread of 5.2% basically as Manu mentioned ... we are very confident to maintain the 5% plus.

Kunal Sha · City Group

direct

Will branch expansion focus on new states and how to improve productivity?

we are continuously focused on adding branches in states like Maharashtra, Gujarat, Tamil Nadu ... productivity ... can be moved up 15 20% by concentrating on every branch productivity end to end

Kunal Sha · City Group

partial

Have you started risk-adjusted pricing and when will it be fully rolled out?

as we speak there is no better day to start a good deal than today. So it has already started in the financial year. ... It's a journey which is already on its way.

Abijit Debal · Motilal Oswal

evasive

Why did Aavas grow below 20% in last two years while peers grew faster?

every human being including me becomes wiser in hindsight ... looking progressively ahead on growth. My response would go back to the earlier two questions that we are focused on sustainable growth.

Abijit Debal · Motilal Oswal

direct

Will moving to higher yields increase risk and credit costs?

increase of yield by no manner suggests increase of risk. ... We continue to maintain our guidance on trade costs.

Gorav Kandelwal · JP Morgan

partial

Is yield decline due to competition and are larger HFCs entering your segment?

quarter 4 has a impact of we are reduced 15 basis point PLR ... competition comes in that quarter ... but for the full year we don't see a competition which has a impact on yield placement.

Gorav Kandelwal · JP Morgan

partial

Where will opex to AUM settle and what tech efficiencies are being implemented?

once we reach the double size of the balance sheet it will be somewhere 2.75 5% opex to ratio.

Raja · Ambbit Capital

partial

Why are loan volumes flat despite branch and employee expansion?

this is an area of immediate attention ... numbers in April has been for us quite effective ... sharper execution focus should start sweating these assets out.

Raja · Ambbit Capital

direct

Can opex to assets go below 3% on a steady state basis?

on a two to three years platform yes we will we are shooting for something below 3%.

Sri Palooshi · IQira Securities

direct

Is further investment needed in technology and digital platform?

most of the capitalization has been done we are not seeing any further investment in the entire model ... nothing majors on the tech and digital side.