AYE FINANCE LIMITED (formerly known as AYE FINANCE PRIVATE LIMITED) CIN: L65921DL1993PLC283660

Nature of Disclosure: Regulatory filing pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, containing unaudited financial results for Q2FY27.

Financial Performance Highlights

Profitability Metrics:

  • Profit after tax (PAT): ₹86.7 Crore - highest-ever quarterly profit
  • YoY growth: 151% (vs. Q2FY26: ₹34.5 Crore)
  • QoQ growth: 16% (vs. Q1FY27: ₹74.5 Crore)
  • Return on AUM (RoAUM): 4.7% (vs. 2.4% in Q2FY26 and 4.2% in Q1FY27)
  • Return on Equity (RoE): 13.1% (vs. 8.1% in Q2FY26 and 11.6% in Q1FY27)
  • Net Interest Margin (NIM): 15.6% (up 173bps YoY, lower by 34bps QoQ)

Cost Metrics:

  • Credit cost: 3.8% - seventh consecutive quarterly decline (vs. 5.0% in Q2FY26 and 4.0% in Q1FY27)
  • Operating expense ratio: 8.6% - lowest in last 8 quarters (vs. 9.6% in Q2FY26 and 8.9% in Q1FY27)
  • Incremental Cost of Borrowing: 10.04% (down 72bps YoY and 16bps QoQ)

Balance Sheet Position:

  • Net Worth as of September 30, 2026: ₹2,695 Crore
  • Book Value Per Share: ₹110 per share

Business Performance

Assets Under Management:

  • AUM: ₹7,597 Crore
  • YoY growth: 26%
  • QoQ growth: 4%

Disbursements:

  • Total disbursements: ₹1,403 Crore
  • YoY growth: 10%
  • QoQ growth: 15%

Customer Metrics:

  • Active customers: 6.94 lakh (up 18% YoY and 4% QoQ)
  • New borrowers added: 49,150 (up 26% YoY from 38,845 in Q2FY26 and 10% QoQ from 44,736 in Q1FY27)

Asset Quality:

  • Gross NPA (GNPA): 4.2% (vs. 4.5% in Q1FY27)
  • Net NPA (NNPA): 1.6% (vs. 1.7% in Q1FY27)

Management Commentary

Sanjay Sharma, Managing Director, commented on the 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."

Forward-looking Statements:

  • The company remains firmly on track to deliver its FY27 growth and earnings guidance
  • Expects to absorb the effects of increased cost of borrowing
  • As leverage increases against capital raised in February 2026 IPO, return on equity is expected to rise steadily through subsequent quarters

Company Background

Aye Finance is a non-banking financial company - middle layer (NBFC-ML) focused on providing loans to micro-scale MSMEs across India. The company offers business loans for working capital and business expansion needs against hypothecation of working assets or property security.

Operational Reach:

  • Serves customers across manufacturing, trading, service and allied agriculture sectors
  • Operates across 18 states and 3 union territories
  • Average ticket size on disbursement: ₹0.17 million

Regulatory Compliance:

The disclosure is made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 and is available on the company's website at www.ayefin.com.

Contact Information:

For media queries: Ms. Sheena Sakhuja, Head-Corporate Impact (sheena.sakhuja@ayefin.com)