Results · Financial Services

Aye Finance posts 87% profit jump in Q3

By Startup Enthusiast · 6 March 2026

What they do

Aye Finance provides customised business loans to underserved micro-enterprises

Q3 FY26 net profit rose 87% year-on-year to ₹42.6 crore, with AUM up 24%

The company listed on public markets in February 2026 after a ₹1,010 crore IPO

Aye Finance reported a net profit of ₹42.6 crore for the third quarter of FY26, up 87% from ₹22.8 crore a year ago.
Operating revenue stood at ₹442.8 crore, a 23% increase year-on-year.
Interest income was ₹393.4 crore, up 17% from the same quarter last year.
Total expenses rose 18% to ₹401.1 crore.
Loan disbursements reached ₹1,310 crore, a 35% jump year-on-year.
Assets under management (AUM) grew 24% to ₹6,356 crore.
The company added 41,015 new borrowers and expanded its branch network to 571 branches, up 9%.
Credit cost fell 10% to ₹83 crore, and net interest margin improved to 14.21%.

The results come shortly after Aye Finance listed on public markets in February 2026 via a ₹1,010 crore IPO.
Managing Director Sanjay Sharma expects 29-30% AUM growth in FY26 and beyond, with asset quality normalised.
Gross non-performing asset (NPA) ratio rose to 4.94%, up 115 basis points year-on-year, indicating some stress.

Aye Finance is a non-banking financial company (NBFC) focused on micro-enterprises.
It provides customised business loans to underserved MSMEs with turnover between ₹30 lakh and ₹1 crore per annum.
Target borrowers have an average income of ₹5–15 lakh.
Its AUM is split into mortgage-backed loans, secured hypothecation loans, and unsecured hypothecation loans.
Hypothecation loans make up 87.5% of total AUM as of December 2025.
Products include Secured Hypothecation Loan, Unsecured Hypothecation Loan, Mortgage Loan, Shakti Loan, and SwitchPe.
As per its website, it serves 6,70,372 customers, has 571 branches across 21 states, and employs 10,891 team members.
Its net promoter score (NPS) is 72.20 and customer retention rate is 47.26%.

Managing Director Sanjay Sharma expects 29-30% AUM growth in FY26 and beyond.
He stated that asset quality has normalised.