Aye Finance Q2 FY27 results: net profit ₹86.72 crore

How did Aye Finance perform in Q2 FY27?

Aye Finance reported standalone revenue of ₹514.39 crore for Q2 FY27, up 7.8% from ₹477.37 crore in Q1 FY27. Other income was ₹12.73 crore and total expenses were ₹411.32 crore, up 4.8% from the previous quarter. Profit before tax rose 19.2% to ₹115.80 crore from ₹97.15 crore.

Net profit for the quarter was ₹86.72 crore, up 16.4% from ₹74.50 crore in Q1 FY27, while basic EPS increased to ₹3.51 from ₹3.02. The PAT margin was 16.9%, compared with 15.6% in the preceding quarter, and there was no exceptional item. EBITDA and EBITDA margin were not reported.

The company’s presentation reported gross total income of ₹527 crore, up 24% year-on-year and 8% quarter-on-quarter, and net interest margin of 15.6%. These are management-reported operating measures; the standalone financial-results figures used above are revenue of ₹514.39 crore and net profit of ₹86.72 crore.

What do the balance sheet and cash flow show?

Total assets increased to ₹8,773.51 crore as on 30 September 2026 from ₹7,772.94 crore as on 31 March 2026. Total equity rose to ₹2,694.61 crore from ₹2,532.71 crore, while cash increased to ₹851.21 crore from ₹620.38 crore. Borrowings were not specified in the reported figures.

For H1 FY27, operating cash flow was negative ₹112.36 crore and investing cash flow was negative ₹206.73 crore. Financing cash flow was positive ₹549.90 crore and capital expenditure was ₹3.53 crore. Comparative H1 FY26 cash-flow figures were not available.

What else did the company announce?

Aye Finance filed an investor presentation on 21 October 2026 with its unaudited financial results for the quarter and year to date ended 30 September 2026. The presentation said assets under management were ₹7,597 crore, up 26% year-on-year, while credit cost declined for the seventh consecutive quarter to 3.8%.

The same-day filing did not announce a dividend, fund raise or appointment. The earlier board-meeting intimation scheduled the meeting for 21 October 2026 to approve the unaudited financial results and auditors’ review report, with the trading window remaining closed until 48 hours after the declaration.

What did Aye Finance's management say?

Management maintained FY27 guidance of 25–30% AUM growth, credit cost of 3.5–4%, NIM of 14.25–14.75%, operating expense ratio of 8.25–8.75% and ROA of 4–4.5%. It also reiterated a three-year vision of 28–33% AUM CAGR and 4–4.5% ROA, with PARX below 6.5% by the FY27 year-end and no fresh equity expected for the next two financial years.

Management said NIM was 15.6%, above its 14.25–14.75% FY27 guidance band, and attributed the upside to a less aggressive repo path and a rating upgrade that was not originally built into the plan. It said the effect of prospective insurance commission submissions was absorbable through a 50 bps OER reduction, a 10–25 bps credit-cost improvement and a 25 bps funding-cost benefit, without loan repricing.

Management said drought in Maharashtra, Karnataka and Madhya Pradesh affected about 18% of AUM and that disbursements were slowed in selected districts. Sanjay Sharma said: “We have consciously slowed our disbursements in some of these districts, as we believe in lending, discretion should be a better part of valor.”

Management also discussed a gold-loan pilot based on same-city, same-customer expansion and said no fresh equity was needed for two years at the current 41% CRAR. It identified rising interest rates, prospective insurance commission submissions, lower Bucket-1 collection efficiency in Uttar Pradesh and higher mortgage-portfolio PARX as risks; Sanjay Sharma said: “Even in the worst case scenario, our ROA guidance should stay untouched.”

How did Aye Finance shares react?

Aye Finance fell 2.8% on the reaction day from its pre-results close of ₹143.55. The stock was down 1.4% after 5 minutes, 2.1% after 15 minutes and 0.4% after 30 minutes from the price when the filing appeared. By the next day’s close, it was down 8.0% from the pre-results close, and by the fifth session it was down 7.3%.

On the reaction day, the median move for other NBFC stocks was a fall of 1.9%, while Aye Finance’s move was 0.9 percentage points lower. By the next day, the stock’s move was 5.9 percentage points below the industry median; by the fifth day, it was 4.4 percentage points below. Earlier results-day moves were a fall of 6.3% on 22 July 2026, a rise of 8.9% on 27 April 2026 and a fall of 1.2% on 6 March 2026.

How did other Non Banking Financial Company (NBFC) companies do?

A total of 78 Non Banking Financial Company peers had filed for the quarter by 4 November 2026. Their median revenue growth was 21.5%. The peer dataset does not provide the number of companies that grew slower or faster than Aye Finance, so those counts cannot be stated from the available facts.

Among the peers used for the profit comparison, 57 of 86 companies reported higher profit. Aye Finance’s standalone revenue growth was 7.8% from Q1 FY27, while its net profit rose 16.4% from the previous quarter.