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Aye Finance, a micro-enterprise biased NBFC that will start trading on February 16, 2026, experienced a drop in its stock trading of close to 7 percent in its trading sessions after the company posted its first quarterly earnings post-IPO, despite reporting impressive Q3 FY26 performance on October 26.

Net profit had soared 87% YoY to Rs 43 crore (vs. Rs 23 crore) due to good business growth, reduced cost of credit, and efficient operation. The operations revenue increased by 22.7 to approximately Rs 443 crore, and assets under management (AUM) increased by 23.5 to Rs 6,356 crore. Loan advances increased 35% YoY to RS 1,310 crore, which depicts good demand within the underserved sector.

Although the numbers were positive, 25% up QoQ in PAT and healthy RoA/RoE figures, selling pressure on the stock, perhaps on profit-booking following a misleading post-listing decline (129 to under 120 levels) or overall market reluctance, was experienced. The market has been quoted between 113 and 120 in the recent past, and analysts state that the correction is not a lasting aspect of the market even though the fundamental picture is strong. The findings highlight the development trend of Aye Finance in the Indian NBFC business.