AYEFINANCE / Q4-FY26 / claim-ledger

Audit the questions that mattered.

Aye Finance · Analyst questions, management answers, and the quality of the response where the ledger is available.

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PositiveQ4-FY26 · 2026-04-??Back to quarter ↗

Questions audited

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100%

Numeric claims

Consistency

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Question ledger

What was answered, and how?

Deepak Pod · Tafire Capital

direct

Any other products besides MSME loans?

we will this year focus on at least one product launch... gold loan is one idea solar based lending for businesses is another idea

Deepak Pod · Tafire Capital

direct

What is the secured/unsecured mix and target?

unsecured hypothecation loans is about 37% of the mix... mortgage is about 23%... secured hypertation loan is about 47%

Deepak Pod · Tafire Capital

direct

Is credit cost high given secured/unsecured mix?

credit cost has to be seen in reference to the type of market segment and tenor of loans... guidance of 3.5 to 4% for next year is appropriate

Deepak Pod · Tafire Capital

direct

Is customer base majority rural?

most of our branches are in tier 1 and tier 2 towns... we are not in rural areas

Adash · Inam

direct

Why are yields up but NIM guidance flattish?

yield in hyperication loan has not changed... mortgage mix brings blended yield down... replacement of old debt with new at 10.13% will give 30-35 bps drop in cost of borrowing

Adash · Inam

direct

Are April collection trends continuing?

April our run rates of collection are not very different from what we have seen in the fourth quarter period

Adash · Inam

direct

How will opex drop from 9.5% to 8.5%?

manpower growth normalized to 10%... opex can be brought down to 8.25 to 8.75%... 15% overall opex growth should deliver 25-30% AUM growth

Charlene · Capital

direct

Why is credit cost improvement gradual despite better collections?

tightening of underwriting shows up quicker... there is a bulge in NPA pool... by Q4 FY27 we should be in 3 to 3.25% range bringing overall credit cost below 4%

Charlene · Capital

direct

Is increased PCR on stage 2 and 3 steady state?

we got our provision coverage ratio vetted by Ernst Young... we intend to keep stage three PCR above 60%

Charlene · Capital

direct

What drove non-interest income increase and is it sustainable?

fair value change driven by mutual funds and cross currency swap... we intend to move it to OCI from next year... net about 10-11 crores will be removed from P&L

Anarana · A91 partners

direct

Will PAT be skewed to H2 in FY27?

first half we deliver 35 to 40% of profit and about 60 to 65% in H2... that trend should play out even in next financial year

Anarana · A91 partners

direct

What PARX levels needed to hit credit cost guidance?

we want to bring down parx to below 6%... from current 6.9% to 5.5% to 6%... 30 bps reduction in H1 and rest in H2