Aye Finance Delivers Strong FY26 Performance
ECONOMY & POLICY

Aye Finance Delivers Strong FY26 Performance

Aye Finance Ltd., a non-banking financial company focused on lending to micro-enterprises, reported provisional business performance for the quarter and year ended March 31, 2026, showing strong growth, improving asset quality and stable operations. The company said the year marked resilient demand from small businesses and continuing operational discipline. It said operational discipline and targeted underwriting supported performance across lending cohorts.

Assets under management grew by 27 per cent to Rs 70.44 bn in FY26 from Rs 55.34 bn in FY25, reflecting sustained portfolio expansion. Disbursements rose by 20 per cent to Rs 51.69 bn for the year, while quarter four disbursements increased by 26 per cent quarter on quarter to Rs 16.55 bn. Quarter on quarter momentum in disbursements reflected pipeline conversion and sustained demand.

Asset quality showed steady improvement, with PAR X reducing by 115 basis points between October 2025 and March 2026 and gross non-performing assets declining to 4.77 per cent in quarter four. The one to 90 day past due ratio improved to 1.87 per cent and collection efficiency reached record levels in March, with non-overdue collections at 99.5 per cent and Bucket one collections improving to 62.5 per cent, supported by strong repayment trends in Bihar, Uttar Pradesh and Rajasthan. Month on month improvement in collections assisted reduction in credit costs and enhanced cash flows.

The portfolio is spread across 18 states and three union territories and extends to more than 70 business clusters, which the company said has helped mitigate risk and maintain stability in changing market conditions. The firm noted an average ticket size on disbursement of Rs 0.18 mn and reiterated a focus on steady, responsible growth while continuing to use technology and data to reach more micro-enterprises and support their expansion. Management emphasised continued focus on risk controls and customer support to sustain outcomes.

Aye Finance Ltd., a non-banking financial company focused on lending to micro-enterprises, reported provisional business performance for the quarter and year ended March 31, 2026, showing strong growth, improving asset quality and stable operations. The company said the year marked resilient demand from small businesses and continuing operational discipline. It said operational discipline and targeted underwriting supported performance across lending cohorts. Assets under management grew by 27 per cent to Rs 70.44 bn in FY26 from Rs 55.34 bn in FY25, reflecting sustained portfolio expansion. Disbursements rose by 20 per cent to Rs 51.69 bn for the year, while quarter four disbursements increased by 26 per cent quarter on quarter to Rs 16.55 bn. Quarter on quarter momentum in disbursements reflected pipeline conversion and sustained demand. Asset quality showed steady improvement, with PAR X reducing by 115 basis points between October 2025 and March 2026 and gross non-performing assets declining to 4.77 per cent in quarter four. The one to 90 day past due ratio improved to 1.87 per cent and collection efficiency reached record levels in March, with non-overdue collections at 99.5 per cent and Bucket one collections improving to 62.5 per cent, supported by strong repayment trends in Bihar, Uttar Pradesh and Rajasthan. Month on month improvement in collections assisted reduction in credit costs and enhanced cash flows. The portfolio is spread across 18 states and three union territories and extends to more than 70 business clusters, which the company said has helped mitigate risk and maintain stability in changing market conditions. The firm noted an average ticket size on disbursement of Rs 0.18 mn and reiterated a focus on steady, responsible growth while continuing to use technology and data to reach more micro-enterprises and support their expansion. Management emphasised continued focus on risk controls and customer support to sustain outcomes.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement