Aye Finance reported a 26% year-on-year increase in Assets Under Management (AUM) to ₹7,604 crore for the quarter ended September 30, 2026. The NBFC also witnessed a sequential improvement in asset quality metrics during the period.

The company disclosed that disbursements grew 10% YoY and 15% QoQ, reaching ₹1,403 crore. This growth was achieved through a calibrated approach, with moderated disbursements in drought-affected regions of Maharashtra, Karnataka, and Madhya Pradesh.

Asset quality and productivity trends

Management highlighted steady progress on asset quality and productivity priorities for FY27. PAR X(1+) improved sequentially by 13 bps to 6.88%, while Gross Non-Performing Assets (GNPA) decreased by 19 bps to 4.30% compared to the previous quarter.

Productivity metrics showed significant gains, with AUM per employee rising 17% YoY. The total employee base expanded 6% YoY to 11,292, supporting the growth in portfolio size without proportional headcount increases.

Key business highlights

Collection efficiency insights

Collection efficiency remained robust across key buckets. Non-Overdue (Non-OD) collection efficiency held steady at 99.2% in Q2FY27, matching the previous quarter's performance.

Bucket 1 collection efficiency (overdue cases below 30 DPD) stood at 52.8% in Q2FY27. This represents a decline from the peak of 59.8% recorded in Q4FY26, though it remains higher than the 48.4% recorded in Q2FY26.

What the numbers show

The divergence between borrower growth and disbursement growth signals a shift in portfolio composition. While new borrowers added grew 26% YoY, total disbursements increased only 10% YoY. This suggests that the average ticket size per new borrower may have contracted, or that existing borrowers are contributing less to incremental disbursements compared to new acquisitions. The company attributed this partly to the calibrated approach in specific states, which likely impacted the volume of larger-ticket loans in those regions.

Aye Finance Ltd has closed its trading window for designated persons and their immediate relatives starting October 1, 2026. The closure remains in effect until 48 hours after the company announces its financial results for the quarter and year to date ended September 30, 2026.

This action is taken pursuant to the company's Code of Conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015. All designated persons have been advised not to trade in the securities of the company during this period.

Board meeting schedule

The date of the board meeting to consider and approve the said results will be intimated to the stock exchanges in due course. The filing was submitted by Anuj Jain, Company Secretary and Compliance Officer, on September 28, 2026.