Thread by @SmartSyncServ

Financials are strange businesses. On a sale, money goes out from the pocket rather than coming in.

Growth comes first. NPA comes later.

Aavas Financiers says: “What Kills Others Makes Me Strong”

Buckle yourself up as we’ll take you through the 19-20 AR

1/

Challenges for Aavas:

~People, Process & Branch intensive
~Caters to Tier2 to Tier 6 towns
~Underwriting difficult
-Lack of docs
-No CIBIL records
-Mostly catering to EWS and LIG category

Now let’s run past the AR to find the cues to their success

2/

Aavas Financiers

A Fast-growing Small Housing Finance Company in a Large Growing Housing Finance Market in India

A Fast-growing Small Fish in a Large Growing Pond

3/

~The Chairman
~The CEO
~The CFO

See what they say

4/

~Strategic Objectives
~Credit Risk Appraisal Framework
~How Aavas is Being Different

5/

How Aavas’ customer accretion helps build a lower-cost company

6/

How Aavas is Making a Difference

Part 1

7/

How Aavas is Making a Difference

Part 2

8/

How Aavas has built its business over the years

9/

2019-20 Performance Review

10/

~Sectoral Review

~Government Initiatives

11/

~SCOT Analysis

~Risk Mitigation Strategies

12/

Aavas is at that end of the market where big guys like HDFC, LIC HF, PNB HF, Repco etc will not bother to enter.

~Avg Ticket Size < 10 lacs
~Mostly in towns < 10 L pop

13/

Are you excited?

Wish to indulge more on Aavas?

Watch this video to know more about the CEO Mr. Sushil Agarwal and the business Model

If you enjoyed this ride on the AR of Aavas, L&R for wider reach🙂