Aye Finance Limited (NSE: AYE), India’s leading NBFC, announced its financial results for the quarter ended September 30, 2026 (Q2FY27). The company reported its highest-ever quarterly profit after tax (PAT) of INR 86.7 Crore, a 151% year-over-year (YoY) and 16% quarter-over-quarter (QoQ) jump, delivering a Return on Assets Under Management (RoAUM) of 4.7% for the quarter. Notably, credit cost declined for the seventh straight quarter to 3.8%, while the operating expense ratio dropped to 8.6%, the lowest in the last eight quarters.

Financial Highlights

The financial performance of Aye Finance Limited (NSE: AYE) in Q2FY27 was impressive. The profit after tax (PAT) surged to INR 86.7 Crore, marking a significant 151% YoY and 16% QoQ increase. The RoAUM stood at 4.7%, up from 2.4% in Q2FY26 and 4.2% in Q1FY27. Additionally, the credit cost fell to 3.8%, continuing its downward trend for seven consecutive quarters. The operating expense ratio also improved to 8.6%, the lowest in the past eight quarters.

Business Performance

On the business front, Aye Finance Limited (NSE: AYE) saw robust growth in its assets under management (AUM), which increased by 26% YoY and 4% QoQ to INR 7597 Crore. Disbursements rose by 10% YoY and 15% QoQ to INR 1403 Crore. Active customers grew by 18% YoY and 4% QoQ to 6.94 lakh. The company added 49,150 new borrowers, up 26% YoY and 10% QoQ. The Gross Non-Performing Asset (GNPA) to Gross Asset ratio was 4.2%, and the Net Non-Performing Asset (NNPA) to Net Asset ratio was 1.6%.

Sanjay Sharma, Managing Director, Aye Finance, commented on the second quarter’s performance: “India’s micro-enterprises form the backbone of its economy, yet many still lack access to formal credit. Aye Finance was built to serve them at scale without compromising on asset quality or cost discipline, and this quarter’s results show that model at work. As we increase our leverage against the capital raised in our February 2026 IPO, we expect return on equity to rise steadily through the subsequent quarters.”

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Aye Finance Limited

Aye Finance Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.

Aye falls 8.8% over three months and has not found a floor yet. The PEG of 0.22 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. D/E reaches 2.75. High leverage in this environment is a material risk the market cannot ignore. The stock holds at 60% of its 52-week range with RSI at 36. In other words, neither side has a clear edge right now. Revenue grows at 40.4% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Aye Finance Limited.

Aye Finance Ltd (NSE: AYE), India’s leading technology-driven NBFC specialising in micro-enterprise lending, today announced the elevation of four senior leaders to Chief-level positions, reinforcing its commitment to building a strong leadership team as the company continues to scale its business and deepen financial inclusion across the country.

Strategic Appointments

The appointments recognise leaders who have played instrumental roles in strengthening the company’s core functions and preparing the organisation for its next phase of growth. Ankur Sharma has been appointed Chief Human Resources Officer, Piyush Maheshwari as Chief Credit and Operations Officer, Akash Purswani as Chief Collection Officer, and Sovan Satyaprakash as Chief Strategy & Investor Relations Officer.

Leadership Contributions

Commenting on the appointments, Sanjay Sharma, Managing Director, Aye Finance, said: “At Aye Finance, the strength and capability of our leadership team elevate our performance. As our organisation has grown, we have, over the years, proactively re-energised and strengthened our leadership. I am pleased to congratulate Ankur, Piyush, Akash and Sovan on their promotions and look forward to their continued contributions to Aye Finance’s growth.”

Future Outlook

These leadership appointments reflect Aye Finance’s continued focus on building a future-ready organization with strong governance, operational excellence and customer-centricity. As the company continues to scale its business, the strengthened leadership team will play a critical role in driving innovation, enhancing institutional capabilities and delivering long-term value for customers, employees and shareholders.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Aye Finance Limited

Aye Finance Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.

Aye rises 13.2% over three months, with buying pressure holding steady. The PEG of 0.25 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. D/E reaches 2.75. High leverage in this environment is a material risk the market cannot ignore. The stock trades at 75% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The stock rises 13.2% in three months on 41.3% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Aye Finance Limited.

Aye Finance Ltd (NSE: AYE), India’s leading technology-driven NBFC specialising in micro-enterprise lending, today announced its unaudited financial results for the first quarter of the fiscal year 2026-27. Aye reported robust year-on-year (YoY) growth across its key performance indicators, reinforcing its position as one of India’s fastest-scaling micro-enterprise lenders.

Financial Highlights

Q1FY27 saw a significant financial performance with the following highlights:

Profit After Tax (PAT) grew 144% YoY from INR 30.6 Crore to INR 74.5 Crores, reflecting the compounding benefits of scale and tighter risk discipline.

GNPA was 4.49%, and NNPA was 1.67%, down 28bps and 12bps, respectively, from the previous quarter, indicating a healthier portfolio.

Six quarters of continuous reduction in Credit Cost, which stood at 4.01% in Q1FY27, down from 4.30% in Q4FY26. We expect this trend to continue through FY2027.

Business Highlights

Q1FY27 also saw strong business growth:

28% YoY Growth in AUM from INR 5,721 Crores to INR 7,324 Crores. This was driven by a 38% increase in new customer onboarding, signalling strong demand for credit across our target segment.

22% YoY Growth in Disbursement from INR 1,001 Crores to INR 1,219 Crores, keeping us on track for our targeted growth of 25-30% for the year.

44,736 new borrowers added in Q1FY27, a 38% YoY improvement.

PAR for Bucket X was 7.01% despite the typical effects of a seasonally softer quarter.

Management Commentary

Commenting on the performance, Mr Sanjay Sharma, Managing Director, Aye Finance Ltd, said, “Our Q1 FY27 performance reflects the robustness of our cluster-based underwriting model in serving India’s micro-enterprise segment. We delivered 144% improvement in PAT and 28% growth in AUM YoY, with a 29bps reduction in our credit costs. The improvement in asset quality alongside strong profitable growth demonstrates the management’s philosophy of scaling up with good credit discipline.”

As Aye Finance continues to scale with prudent risk management, the company is well-positioned to maintain its growth trajectory in the upcoming quarters.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Aye Finance Limited

Aye Finance Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.

Aye gains 36.6% over three months and trades near its 52-week highs. The PEG of 0.28 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. D/E reaches 2.75. High leverage in this environment is a material risk the market cannot ignore. Buyers show up with 2.6x the volume of sellers. Moreover, they dominated on 18 of recent sessions versus 12 for sellers — a healthy accumulation pattern. The stock rises 36.6% in three months on 41.3% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Aye Finance Limited.