Aye Finance Limited has informed the Exchange about Transcript
AYE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Aye Finance, an NBFC lending to unorganized micro-scale businesses, reported Q3 FY26 disbursements of ₹1,310 crore, up 35% year-on-year, with AUM growth of 23.5% YoY. Total income rose 21.3% YoY to ₹449 crore and profit after tax grew 87% YoY to ₹43 crore, though this included a one-time impact of ₹1.7 crore. NIMs held at 14.21% as cost of borrowing fell to 10.96% (incremental 10.31%). Credit cost improved to 4.67% of AUM (₹83 crore) with collection efficiency at 99.4% for non-OD bucket. Management outlined a 3-year roadmap targeting 30% AUM growth, credit cost of 3.25-3.75%, opex of 7-7.5%, and ROA of 4-4.5%, with mortgage share rising to 30% of portfolio (currently 22%). The company recently raised ₹710 crore via IPO, taking net worth to ₹1,773 crore.
Positive — strong disbursement growth, improving credit quality, falling cost of borrowing, and a clear multi-year profitability roadmap (ROA 4%+) should support the stock. Investors should note current elevated credit cost and opex from mortgage team buildout are expected to normalize from FY27.