Aye Finance Ltd reported a net profit of ₹86 crore in the fourth quarter of FY26, more than doubling year-on-year, as the micro-enterprise lender posted its first full-year audited results since listing on the Indian stock exchanges in February 2026.

The stock surged to a 52-week high of ₹150.49 on the NSE on Monday, trading at ₹140.15, up 3.91 per cent from its previous close of ₹134.87, with heavy volumes of 43.69 lakh shares worth ₹62.51 crore changing hands.

For the full fiscal year FY26, the Gurugram-based NBFC reported profit after tax of ₹194 crore, up 13 per cent year-on-year, on total revenues of ₹1,797 crore. Annual disbursements grew 20 per cent, with 2,06,833 new borrowers added during the year. The company attributed the modest annual PAT growth partly to cost absorption from new labour regulations.

The quarterly performance was sharper. Assets Under Management rose 27 per cent year-on-year to ₹7,044 crore in Q4FY26, backed by 25 per cent growth in quarterly disbursements. The company added 70,841 new borrowers in the quarter. Return on assets stood at 4.6 per cent and return on equity at 16 per cent for the quarter, calculated on a net worth enlarged by ₹710 crore raised through the IPO.

Asset quality showed steady improvement. Gross NPAs came in at 4.8 per cent and net NPAs at 1.8 per cent, down 17 basis points and 19 basis points, respectively, from the previous quarter. Credit costs fell to 4.3 per cent in Q4, a reduction of 186 basis points year-on-year, marking five consecutive quarters of decline. The credit Provision Coverage Ratio stood at 64 per cent.

For the full year, ROA was 2.8 per cent and ROE 9.3 per cent. The company operates across 18 states and 3 union territories, offering small-ticket hypothecation loans averaging ₹1.5 lakh and mortgage-backed loans averaging ₹5 lakh to micro-scale MSMEs. Its market capitalisation stood at ₹3,453.75 crore on Monday afternoon.

Published on April 27, 2026