WEBSITE BSE:544699 NSE: AYE Inc. Year: 1993 Industry: Finance - NBFC
Last updated: 15:58
AYE Finance Ltd. is a non-banking financial company focused on providing business loans to micro and small enterprises across India. Established in 2014, the company primarily caters to underserved segments such as small manufacturers, traders, and service providers who often lack access to formal banking credit. AYE Finance offers secured and unsecured loans tailored to the cash flow cycles of small businesses, using a combination of technology-driven underwriting and on-ground credit assessment. With a growing branch network across multiple s...Read More
AYE Finance Ltd. is a non-banking financial company focused on providing business loans to micro and small enterprises across India. Established in 2014, the company primarily caters to underserved segments such as small manufacturers, traders, and service providers who often lack access to formal banking credit. AYE Finance offers secured and unsecured loans tailored to the cash flow cycles of small businesses, using a combination of technology-driven underwriting and on-ground credit assessment. With a growing branch network across multiple states, the company aims to bridge the credit gap in the MSME sector while maintaining a strong focus on risk management and asset quality. ...Read Less
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Market Cap ₹2246 Cr.
Stock P/E 13.1
P/B 0.8
Current Price ₹91
Book Value ₹ 108.4
Face Value 2
52W High ₹149.5
Dividend Yield 0%
52W Low ₹ 88.4
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Dec 2024 | Dec 2025 |
|---|---|---|
| Net Sales | 361 | 443 |
| Other Income | 9 | 12 |
| Total Income | 370 | 455 |
| Total Expenditure | 219 | 253 |
| Operating Profit | 152 | 202 |
| Interest | 115 | 141 |
| Depreciation | 6 | 7 |
| Exceptional Income / Expenses | 0 | 0 |
| Profit Before Tax | 30 | 54 |
| Provision for Tax | 8 | 11 |
| Profit After Tax | 23 | 43 |
| Adjustments | 0 | 0 |
| Profit After Adjustments | 23 | 43 |
| Adjusted Earnings Per Share | 1.2 | 2.2 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 1 | 5 | 24 | 80 | 210 | 412 | 495 | 432 | 623 | 1040 | 1460 | 804 |
| Other Income | 0 | 1 | 2 | 2 | 8 | 1 | 4 | 12 | 20 | 32 | 45 | 21 |
| Total Income | 1 | 6 | 26 | 82 | 218 | 413 | 499 | 443 | 643 | 1072 | 1505 | 825 |
| Total Expenditure | 2 | 7 | 22 | 49 | 110 | 224 | 230 | 341 | 361 | 501 | 786 | 472 |
| Operating Profit | -2 | -1 | 4 | 33 | 108 | 189 | 269 | 102 | 282 | 571 | 719 | 354 |
| Interest | 0 | 2 | 11 | 30 | 73 | 141 | 236 | 160 | 199 | 329 | 472 | 256 |
| Depreciation | 0 | 0 | 0 | 1 | 2 | 8 | 9 | 10 | 11 | 15 | 22 | 13 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -2 | -3 | -7 | 2 | 32 | 40 | 23 | -67 | 71 | 228 | 225 | 84 |
| Provision for Tax | -1 | 1 | 0 | 0 | 7 | 8 | 6 | -16 | 28 | 56 | 54 | 19 |
| Profit After Tax | -1 | -4 | -7 | 2 | 25 | 32 | 17 | -51 | 44 | 172 | 171 | 66 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -1 | -4 | -7 | 2 | 25 | 32 | 17 | -51 | 44 | 172 | 171 | 66 |
| Adjusted Earnings Per Share | -0.4 | -1.7 | -3.4 | 1.1 | 11.7 | 15.2 | 7.9 | -24 | 20.5 | 80.4 | 9.1 | 3.4 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 40% | 50% | 29% | 107% |
| Operating Profit CAGR | 26% | 92% | 31% | 0% |
| PAT CAGR | -1% | 0% | 40% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | NA% | NA% | NA% | NA% |
| ROE Average | 12% | 12% | 6% | -2% |
| ROCE Average | 13% | 12% | 11% | 5% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 9 | 25 | 87 | 89 | 495 | 517 | 747 | 705 | 758 | 1236 | 1658 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 1 | 16 | 35 | 326 | 576 | 1375 | 1314 | 1506 | 2253 | 3494 | 2317 |
| Other Non-Current Liabilities | -1 | 1 | 1 | 4 | 5 | -10 | 14 | -1 | 18 | 10 | -27 |
| Total Current Liabilities | 1 | 22 | 40 | 96 | 195 | 125 | 20 | 58 | 71 | 89 | 2329 |
| Total Liabilities | 11 | 64 | 163 | 515 | 1272 | 2006 | 2095 | 2268 | 3100 | 4829 | 6277 |
| Fixed Assets | 0 | 0 | 1 | 2 | 4 | 18 | 27 | 27 | 27 | 32 | 41 |
| Other Non-Current Assets | 2 | 14 | 54 | 235 | 514 | 9 | 2 | 11 | 11 | 18 | 5046 |
| Total Current Assets | 9 | 49 | 108 | 277 | 754 | 1979 | 2066 | 2230 | 3062 | 4779 | 1190 |
| Total Assets | 11 | 64 | 163 | 515 | 1272 | 2006 | 2095 | 2268 | 3100 | 4829 | 6277 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 6 | 20 | 11 | 11 | 140 | 172 | 179 | 153 | 273 | 527 |
| Cash Flow from Operating Activities | -6 | -31 | -110 | -262 | -472 | -520 | 125 | -272 | -720 | -1323 | -812 |
| Cash Flow from Investing Activities | -0 | -8 | -5 | -41 | -26 | 42 | -190 | 46 | 78 | 83 | -39 |
| Cash Flow from Financing Activities | 12 | 54 | 106 | 304 | 627 | 510 | 72 | 200 | 762 | 1494 | 1255 |
| Net Cash Inflow / Outflow | 5 | 14 | -9 | 0 | 129 | 32 | 7 | -27 | 120 | 254 | 405 |
| Closing Cash & Cash Equivalent | 6 | 20 | 11 | 11 | 140 | 172 | 179 | 153 | 273 | 527 | 931 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -0.42 | -1.69 | -3.37 | 1.08 | 11.75 | 15.18 | 7.91 | -24.05 | 20.54 | 80.39 | 9.06 |
| CEPS(Rs) | -0.39 | -1.62 | -3.14 | 1.48 | 12.84 | 18.87 | 12.26 | -19.38 | 25.9 | 87.2 | 10.24 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 3.06 | 6.7 | 35.18 | 36.2 | 220.97 | 229.38 | 333.99 | 312.68 | 334.61 | 551.84 | 86.12 |
| Core EBITDA Margin(%) | -314.33 | -33.77 | 9.7 | 38.36 | 47.74 | 45.65 | 53.48 | 20.96 | 42.04 | 51.88 | 46.14 |
| EBIT Margin(%) | -312.1 | -24.9 | 14.59 | 40.39 | 50.43 | 44.03 | 52.44 | 21.33 | 43.39 | 53.52 | 47.72 |
| Pre Tax Margin(%) | -316.54 | -68.68 | -29.37 | 2.89 | 15.42 | 9.7 | 4.7 | -15.61 | 11.45 | 21.9 | 15.41 |
| PAT Margin (%) | -195.18 | -81.06 | -29.37 | 2.89 | 11.97 | 7.87 | 3.41 | -11.89 | 7.03 | 16.5 | 11.73 |
| Cash Profit Margin (%) | -182.44 | -77.53 | -27.42 | 3.96 | 13.08 | 9.79 | 5.29 | -9.58 | 8.87 | 17.9 | 13.25 |
| ROA(%) | -18.48 | -10.96 | -6.34 | 0.68 | 2.81 | 1.98 | 0.82 | -2.35 | 1.63 | 4.33 | 3.08 |
| ROE(%) | -26.46 | -34.64 | -15.75 | 3.02 | 9.14 | 6.74 | 2.81 | -7.44 | 6.35 | 18.14 | 12.21 |
| ROCE(%) | -28.82 | -3.4 | 3.25 | 9.99 | 12.5 | 11.66 | 13.09 | 4.3 | 10.25 | 14.29 | 12.76 |
| Receivable days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Price/Book(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 5.15 | 3.64 | 2.98 | 4.89 | 2.76 | 2.89 | 2.01 | 2.72 | 3.1 | 2.7 | 2.37 |
| EV/Core EBITDA(x) | -1.72 | -17.02 | 17.99 | 11.78 | 5.36 | 6.28 | 3.71 | 11.5 | 6.85 | 4.92 | 4.81 |
| Net Sales Growth(%) | 0 | 874.65 | 385.91 | 225.76 | 162.85 | 96.43 | 20.29 | -12.79 | 44.34 | 66.86 | 40.33 |
| EBIT Growth(%) | -157.93 | 22.23 | 384.62 | 802.07 | 228.12 | 71.52 | 43.26 | -64.52 | 193.61 | 105.78 | 25.13 |
| PAT Growth(%) | -60.34 | -304.78 | -76.07 | 132.01 | 989.93 | 29.2 | -47.89 | -404.03 | 185.4 | 291.49 | -0.24 |
| EPS Growth(%) | -187.19 | -304.7 | -99.18 | 131.99 | 990.35 | 29.22 | -47.89 | -403.96 | 185.4 | 291.49 | -88.73 |
| Debt/Equity(x) | 0.16 | 1.83 | 0.81 | 4.49 | 1.43 | 2.71 | 1.78 | 2.19 | 3.1 | 2.88 | 2.78 |
| Current Ratio(x) | 7.45 | 2.19 | 2.68 | 2.9 | 3.86 | 15.89 | 101.62 | 38.45 | 42.89 | 53.68 | 0.51 |
| Quick Ratio(x) | 7.45 | 2.19 | 2.68 | 2.9 | 3.86 | 15.89 | 101.62 | 38.45 | 42.89 | 53.68 | 0.51 |
| Interest Cover(x) | -70.3 | -0.57 | 0.33 | 1.08 | 1.44 | 1.28 | 1.1 | 0.58 | 1.36 | 1.69 | 1.48 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Dec 2025 | Feb 2026 |
|---|---|---|
| Promoter | 0 | 0 |
| FII | 0 | 19.04 |
| DII | 0 | 18.17 |
| Public | 0 | 62.79 |
| Others | 0 | 0 |
| Total | 0 | 100 |
| # | Dec 2025 | Feb 2026 |
|---|---|---|
| Promoter | 0 | 0 |
| FII | 0 | 4.7 |
| DII | 0 | 4.48 |
| Public | 0 | 15.5 |
| Others | 0 | 0 |
| Total | 0 | 24.68 |
* The pros and cons are machine generated.
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