Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Business update for the quarter & year ended March 31, 2026 is attached herewith
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 05 Apr 2026, 10:58 PM IST · BSE ID: 66819e81-2340-4d89-9a8e-c8716e9858fd
View Original BSE Filing (PDF)
💡
In Simple Terms
Aye Finance grew its loan book 27% to Rs. 7,044 Crore in FY26 while improving loan repayment quality and reducing bad debts.
🤖 AI Summary
- Aye Finance FY26 AUM grew 27% to Rs. 7,044 Cr, with disbursements up 20% to Rs. 5,169 Cr
- GNPA reduced 17 basis points to 4.77%, total overdue declined 115 basis points to 6.88% since October 2025
- Collection efficiency reached 99.5% non-overdue, 62.5% bucket 1 (sub-30 DPD) by March 31, 2026
- Portfolio diversified across 18 states, 3 UTs, 70+ business clusters with granular grassroot lending focus
- All figures provisional, subject to statutory audit and board approval
🔢 Key Numbers — exact figures from BSE filing, not rounded
AUM FY26
Rs. 7,044 Cr
27%
Disbursements FY26
Rs. 5,169 Cr
20%
PAR X (Total Overdue) Mar-26
6.88%
1–90 DPD Overdue Amount Mar-26
Rs. 132 Cr
Collection Efficiency Non-OD Mar-26
99.5%
Collection Efficiency Bucket 1 Mar-26
62.5%
Geographic Presence
18 states, 3 UTs
🏢 How This Affects the Company
AUM expanded 27% year-on-year to Rs. 7,044 Cr with disbursements reaching Rs. 5,169 Cr in FY26, demonstrating sustained lending growth. Portfolio diversification across 18 states, 3 UTs and 70+ business clusters indicates expanding market reach in grassroot lending segment.
Improving asset quality metrics—GNPA at 4.77%, PAR X at 6.88%, and 1–90 DPD at 1.87%—support higher credit quality. Collection efficiency at 99.5% non-overdue indicates stronger cash generation capacity and lower provisions burden.
Sustained month-on-month improvements in collection efficiency and asset quality metrics signal effective portfolio management and field-level execution. Geographic diversification reduces operational concentration risk.
Declining overdue levels (115 basis points reduction in PAR X) and improving GNPA indicate credit risk is moderating. However, exposure to tariff and energy emergencies across states requires continued proactive monitoring as noted by management.
👥 What This Means For Shareholders
✅
Action Required
No immediate action required. Await Q4 FY26 audited financial results and board approval of these provisional figures.
👤
Who Is Affected
All shareholders hold exposure to AUM quality and repayment trends. Improving collection efficiency and declining NPAs directly strengthen asset base; GNPA at 4.77% reflects risk that impacts earnings and capital adequacy.
🔍
Management Signal
Proactive asset quality management and geographic diversification strategy indicate disciplined underwriting and field execution in a competitive microfinance environment.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q4 FY26 audited financial results filing — verify AUM and disbursement figures; track NPA trends
Board approval and audit committee sign-off — monitor for any material adjustments to provisional data
Asset quality metrics for Q1 FY27 — confirm PAR X and GNPA trajectory continues downward
MEDIUM RISK
GNPA at 4.77% exceeds typical microfinance benchmarks. Management flagged tariff and energy sector exposure across portfolio requiring proactive monitoring.
💡 Investor Takeaway
Aye Finance recorded 27% AUM growth to Rs. 7,044 Cr in FY26 with collection efficiency at 99.5% non-overdue and GNPA declining to 4.77%. Financial figures remain provisional pending audit and board approval. Portfolio diversified across 18 states mitigates regional concentration risk.
⚖️ Strengths & Concerns
✅ Positives
- AUM growth of 27% year-on-year to Rs. 7,044 Cr demonstrates strong lending momentum with stable market conditions.
- Collection efficiency improved to 99.5% for non-overdue and 62.5% for bucket 1 by March 2026, reflecting operational excellence.
⚠️ Concerns
- GNPA remains elevated at 4.77% as of March 2026, indicating material asset quality stress despite recent improvements.
- 1–90 DPD absolute amount of Rs. 132 Cr as of March 2026 represents near-term repayment risk requiring sustained monitoring.