Asia Asset Finance PLC reported strong Q3 results for the period ended 31 Dec 2025: total assets rose to Rs.45.76bn (+32.73% YoY), loan book to Rs.40.10bn (+50.93% YoY) and Profit After Tax to Rs.680.29mn (+35.79% YoY); CAR 24.83% and provision coverage 59.09%.
Asia Asset Finance PLC (AAF) reported 6M PBT up 150% YoY to Rs. 983.06 million. ROE rose to 20.12%, NIM improved to 11.01%, lending portfolio expanded to Rs. 36.7bn, NPL ratio fell to 9.39%, Core CAR >25% and branches increased to 107.
Gold & PawningIT & Digital
Ada Derana·Nov 18, 2025·Earnings & resultsPositive
Asia Asset Finance PLC reported Profit Before Tax of LKR 983.06 million for the six months to 30 Sep 2025, up 150% year-on-year. Lending expanded to LKR 36.7 billion led by gold loans, NPLs improved to 9.39% and NIM rose to 11.01%.
Gold & PawningIT & Digital
Daily FT·Nov 6, 2025·Award or certificationPositive
Asia Asset Finance PLC won four awards at the National Project Management Excellence Awards 2025 — two Golds (Best Innovative Project for AMIE and Best Managed Project in Community Development/CSR), a Silver (Lean) and a Bronze (Digital Transformation). AMIE is an AI-powered NBFI directory and AAF's digital projects included a fuel-reimbursement overhaul and a paperless onboarding platform (Rs. 4.1m savings).
IT & Digital
Ada Derana·Nov 4, 2025·Award or certificationPositive
Asia Asset Finance PLC (AAF) won four awards at the National Project Management Excellence Awards 2025, including Gold for Best Innovative Project (AMIE) and Gold for Best Managed Project in Community Development/CSR. Its AMIE AI directory, paperless recruitment platform and lean fuel-reimbursement digitization delivered faster processing, LKR 4.1m savings and major efficiency gains.
Colombo Stock Exchange rose as the ASPI gained 0.57% to 21,085, led by Sierra Cables and diversified conglomerates; market turnover was Rs 6.5bn with Sierra Cables contributing Rs 1.2bn. Top index contributors included John Keells, Hayleys, Sierra Cables, Melstacorp and Aitken Spence; net foreign inflow was Rs 58.21m.
Asia Asset Finance (AAF) opened two branches in Murunkan and Palali, taking its network to 107 branches as it celebrated its 55th anniversary and 15 years of presence in the Northern Province. The A+ Fitch-rated lender offers gold loans, leasing, mortgages and the LuckEwallet digital app.
Asia Asset Finance PLC plans a Rs. 3 billion debenture issue—30 million listed, rated, subordinated, unsecured, redeemable debentures at Rs.100 each with a five-year tenor. Coupon frequency and rates will be set later based on market conditions and the issue is subject to regulatory approvals.
Asia Asset Finance PLC plans to raise up to Rs 3 billion by issuing 30 million listed, rated, subordinated, unsecured, redeemable debentures of Rs100 each with a five-year tenor; coupon and interest rates will be decided closer to the trust deed. The issue is subject to regulatory approvals and the company proposes to list the debentures on the Colombo Stock Exchange.
Interest Rates
Ada Derana·Aug 25, 2025·Earnings & resultsPositive
Asia Asset Finance PLC reported Q1 PBT of LKR 294.8m (up 123% YoY) and PAT of LKR 181.0m (up 57% YoY) for the quarter ended 30 June 2025. Its asset base reached LKR 41.8bn, the company opened four new branches and is targeting LKR 50bn in assets.
Asia Asset Finance PLC (AAF) reported PBT of Rs. 294.8 million for the quarter ended 30 June, up 123% year‑on‑year, and PAT of Rs. 181 million, up 57%. The company's asset base reached Rs. 42 billion, it opened four new branches and aims to cross Rs. 50 billion.
ASPI hit a record closing of 18,838.39, up 297.13 points (1.60%) on turnover of Rs. 9.49 billion. Banking-led activity (31% of turnover) drove the rise, with Sampath, Seylan (non-voting), Pan Asia, John Keells, Melstacorp and Commercial Bank among the top contributors.
Asia Asset Finance PLC (AAF) reported FY2024/25 growth: total assets rose 43.58% to Rs.37.11bn, loan portfolio up 53% to Rs.29.15bn and net profit reached Rs.441m (up 28.17%) with EPS of Rs.3.55. The firm cited strong operational profit, a CAR of 27.47%, 100 branches and plans for 20 more despite higher taxes.
Seeni Colombo completed a 330 km Pekoe Trail walk and handed funds to Paa Saviya to support subsidised diabetic wound care and development of specialised footwear, with support from Asia Asset Finance and Nations Trust Bank.
Fitch affirmed Asia Asset Finance PLC's national long-term rating at 'A+(lka)' with a Stable outlook and affirmed its secured and senior unsecured debentures at 'A+(lka)'. Fitch cited expected extraordinary support from parent Muthoot Finance and noted ~70% of AAF's net loans are gold-backed.
Asia Asset Finance (AAF.N0000) reported profit after tax of Rs.500.97m for the nine months to 31 Dec 2024, up 123.54% YoY; total assets rose 33.2% to Rs.34.48bn and loans grew by Rs.7.8bn to Rs.28.4bn. CAR was 22.72%, ROE 16.81%, NIM 9.42%, Fitch A+ (stable), and the company added nine branches to reach 100.
Asia Asset Finance PLC launched Sri Lanka's first digitally subscribed debenture (Debenture Issue 2024), fully subscribed on day one with an initial Rs.1 billion and an option to expand to Rs.2 billion. Proceeds will expand AAF's loan portfolio; the issue was managed via the CAL Web Portal by Capital Alliance Partners Ltd and rated A+(lka) by Fitch.
Asia Asset Finance PLC (AAF) launched Sri Lanka’s first digitally subscribed debenture — an initial LKR 1 billion issue (up to LKR 2 billion with oversubscription) — which was fully subscribed on the first day. The listed, Fitch‑rated unsecured senior redeemable debentures have 3- and 5-year tenures and proceeds will expand AAF's loan portfolio; the issue was managed via Capital Alliance Partners Ltd.
Dr. T. Senthilverl sold his 6% stake in Alumex PLC for Rs. 408 million. Buyers included Rayynor Silva, Aravinda de Silva and Ajith Devasurendra; Senthilverl also increased stakes in Agarapatana (over 10%) and Kotagala (5%) and exited a 10% stake in Asia Asset Finance.
Tea & Plantation Crops
Daily FT·Dec 11, 2024·Award or certificationPositive
Asia Asset Finance PLC marked ten years with parent Muthoot Finance, reporting total assets of Rs.32.28 billion, a lending book of Rs.26.1 billion (up Rs.5.5 billion YoY) and ROE of 16.38%.