Aye Finance LimitedPAT +151% to ₹87 Cr, AUM +26%, credit cost 3.82%

Aye Finance's Q2 FY27 call, held on 22 October 2026, reported assets under management of ₹7,597 crore, up 26% on the year, and profit after tax of ₹87 crore, up 151% on the year and 16% on Q1. Credit cost fell to 3.82%, the seventh straight quarterly improvement and inside the 3.5% to 4% guide, while net interest margin was 15.6% against a 14.25% to 14.75% guide and the operating expense ratio fell to 8.61%. Disbursements were ₹1,403 crore, but repeat loans were deferred because the festive season shifted into Q3. Management restated its FY27 guide, said capital adequacy of 41% funds about two years of growth without fresh equity, and slowed lending in drought-hit districts of Maharashtra, Karnataka and Madhya Pradesh, about 18% of assets.

It expects to absorb the draft insurance commission rules and rising rates without repricing loans, will open more than 30 branches in Q3, and is piloting gold loans. Bucket 1 collection efficiency in Uttar Pradesh dipped and mortgage PAR X rose about 1%.