About Aye Finance Limited
Data last updated:
Aye Finance Limited is a public limited company based in New Delhi, Delhi, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 12 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L65921DL1993PLC283660. Its GSTIN is 07AABCD8717B1ZY (Delhi). The company holds 25 GST registrations, of which 21 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544699 and NSE: AYE.
The company has an authorised share capital of ₹82 Cr and a paid-up capital of ₹49.36 Cr. It was formerly known as Doda Finance Pvt Ltd. It is led by directors including Sanjay Sharma (Managing Director) and Vinay Baijal.
Its last annual general meeting (AGM) was held on 01 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at M – 5 Magnum House – I Community Centre Karampura, New Delhi, Delhi, India – 110015.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹1,815 Cr, a growth of 24.3% compared to the previous year. For the same year it recorded a net profit of ₹193.57 Cr (net margin 10.7%) and EBITDA of ₹764.12 Cr (EBITDA margin 42.1%). The net worth stands at ₹2,532.71 Cr (up 52.7% YoY). Total assets are valued at ₹7,597.81 Cr (up 22.3% YoY).
The company has about 6,362 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AYEFin. As per MCA filings, the company has open charges of ₹6,998.37 Cr and satisfied charges of ₹4,575.77 Cr on record. Court records list 6,985 cases involving the company, including 6,903 filed by the company and 82 filed against it; 5,426 cases are pending. The company has 40 deals on record (16 secondary share transfers, 11 funding rounds, 8 debt financings), with disclosed funding of ₹2,795.53 Cr; the latest was in August 2026. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 8 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ayefin.com.
Company details
Name history
Aye Finance has undergone 2 name changes throughout its history. The company was previously known as Doda Finance Pvt Ltd, and Aye Finance Limited. The current legal name is Aye Finance Limited.
| Company Name | Status |
|---|---|
| Aye Finance Limited | Current |
| Doda Finance Pvt Ltd | Previous |
CIN history
Aye Finance has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65921DL1993PLC283660, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65921DL1993PLC283660 | Current |
| U65921DL1993PTC283660 | Previous |
| U65921PB1993PTC013609 | Previous |
| U65921DL1993PLC283660 | Previous |
Contact details
Aye Finance Limited's registered office is in New Delhi, Delhi.
- Social Media
- Registered AddressM – 5 Magnum House – I Community Centre Karampura, New Delhi, Delhi, India – 110015
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Aye Finance operates one associated brand: AYEFin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Organization empowering economic transformation of micro enterprises | ayefin.com |
Business activity
The main business activity of Aye Finance is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Aye Finance Limited, buy the company report.
Financials of Aye Finance Limited
FY 2025-26 filings availableAye Finance Limited reported revenue of ₹1,815 Cr (up 24.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 1,815 | 1,460 | 1,040 | 623 | 432 | 495 |
| Revenue growth | +24.3% | +40.4% | +66.9% | +44.3% | -12.8% | - |
| EBITDA | 764 | 674 | 540 | 262 | 90.54 | 265 |
| EBITDA margin | +42.1% | +46.2% | +51.9% | +42.0% | +21.0% | +53.5% |
| Profit before tax | 247 | 225 | 228 | 71.40 | (67.41) | 23.28 |
| Net profit | 194 | 171 | 161 | 53.79 | (45.70) | 16.89 |
| Net profit margin | +10.7% | +11.7% | +15.5% | +8.6% | -10.6% | +3.4% |
| EPS (₹) | 7.92 | 9.06 | 377.35 | 125.97 | (107.07) | 39.56 |
| Balance sheet | ||||||
| Total assets | 7,598 | 6,213 | 4,759 | 3,089 | 2,250 | 2,084 |
| Net worth | 2,533 | 1,658 | 1,236 | 768 | 706 | 747 |
| Total debt | 5,065 | 4,555 | 3,523 | 2,320 | 1,544 | 1,337 |
| Cash & bank | 1,011 | 1,138 | 730 | 394 | 377 | 347 |
| Net working capital | 1,058 | 1,115 | 666 | 392 | 333 | 326 |
| Cash flow | ||||||
| Cash from operations | (1,355) | (812) | (1,323) | (720) | (279) | 125 |
| Cash from investing | (125) | (38.59) | 83.04 | 78.21 | 45.60 | (190) |
| Cash from financing | 1,169 | 1,255 | 1,494 | 762 | 207 | 71.82 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 514 | 477 | 515 | 443 | 437 | 405 | 409 | 361 |
| Revenue growth (YoY) | +17.8% | +17.7% | +25.9% | +22.7% | - | - | - | - |
| Other income | 12.73 | 12.29 | 16.83 | 12.17 | 10.34 | 9.17 | 10.97 | 9.48 |
| Total expenses | 260 | 256 | 279 | 253 | 266 | 242 | 240 | 219 |
| EBITDA | 254 | 222 | 237 | 189 | 170 | 163 | 169 | 142 |
| EBITDA margin | +49.4% | +46.4% | +45.9% | +42.8% | +39.0% | +40.2% | +41.4% | +39.4% |
| Depreciation | 6.43 | 6.17 | 7.96 | 7.01 | 6.24 | 5.10 | 6.32 | 6.08 |
| Interest | 145 | 131 | 135 | 141 | 133 | 126 | 123 | 115 |
| Profit before tax | 116 | 97.15 | 111 | 53.84 | 41.69 | 40.89 | 50.45 | 30.45 |
| Tax | 29.08 | 22.65 | 24.97 | 11.24 | 7.16 | 10.30 | 9.75 | 7.68 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 514 | 477 | 515 | 443 | 437 | 405 | 409 | 361 |
| Revenue growth (YoY) | +17.8% | +17.7% | +25.9% | +22.7% | - | - | - | - |
| Other income | 12.73 | 12.29 | 16.83 | 12.17 | 10.34 | 9.17 | 10.97 | 9.48 |
| Total expenses | 260 | 256 | 279 | 253 | 266 | 242 | 240 | 219 |
| EBITDA | 254 | 222 | 237 | 189 | 170 | 163 | 169 | 142 |
| EBITDA margin | +49.4% | +46.4% | +45.9% | +42.8% | +39.0% | +40.2% | +41.4% | +39.4% |
| Depreciation | 6.43 | 6.17 | 7.96 | 7.01 | 6.24 | 5.10 | 6.32 | 6.08 |
| Interest | 145 | 131 | 135 | 141 | 133 | 126 | 123 | 115 |
| Profit before tax | 116 | 97.15 | 111 | 53.84 | 41.69 | 40.89 | 50.45 | 30.45 |
| Tax | 29.08 | 22.65 | 24.97 | 11.24 | 7.16 | 10.30 | 9.75 | 7.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 1,815 | 1,460 | 1,040 | 623 | 432 | 495 |
| Revenue growth | +24.3% | +40.4% | +66.9% | +44.3% | -12.8% | - |
| Other income | 48.24 | 44.76 | 31.53 | 19.91 | 11.57 | 4.15 |
| Total expenses | 1,051 | 786 | 501 | 361 | 341 | 230 |
| Employee cost | 495 | 380 | 275 | 212 | 176 | 141 |
| EBITDA | 764 | 674 | 540 | 262 | 90.54 | 265 |
| EBITDA margin | +42.1% | +46.2% | +51.9% | +42.0% | +21.0% | +53.5% |
| Depreciation | 26.31 | 22.16 | 14.54 | 11.45 | 9.97 | 9.29 |
| Interest | 539 | 472 | 329 | 199 | 160 | 236 |
| Profit before tax | 247 | 225 | 228 | 71.40 | (67.41) | 23.28 |
| Tax | 53.67 | 53.74 | 66.73 | 17.61 | (21.69) | 6.39 |
| Net profit | 194 | 171 | 161 | 53.79 | (45.70) | 16.89 |
| Net profit margin | +10.7% | +11.7% | +15.5% | +8.6% | -10.6% | +3.4% |
| EPS (₹) | 7.92 | 9.06 | 377.35 | 125.97 | (107.07) | 39.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 48.90 | 37.79 | 39.93 | 30.45 | 30.45 | 30.45 |
| Reserves & surplus | 2,484 | 1,621 | 1,196 | 738 | 676 | 716 |
| Shareholders' funds (net worth) | 2,533 | 1,658 | 1,236 | 768 | 706 | 747 |
| Secured loans | 4,873 | 4,347 | 3,252 | 2,060 | 1,266 | 1,259 |
| Unsecured loans | 192 | 208 | 271 | 260 | 278 | 78.19 |
| Total debt | 5,065 | 4,555 | 3,523 | 2,320 | 1,544 | 1,337 |
| Total liabilities | 7,598 | 6,213 | 4,759 | 3,089 | 2,250 | 2,084 |
| Assets | ||||||
| Gross block | 116 | 83.37 | 63.13 | 51.66 | 45.72 | 36.42 |
| Net block | 61.73 | 40.62 | 31.71 | 27.16 | 26.73 | 27.24 |
| Capital work in progress | 0.00 | 4.13 | 2.95 | 0.47 | 0.06 | 0.01 |
| Investments | 158 | 41.76 | 10.61 | 84.46 | 155 | 198 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 1,011 | 1,138 | 730 | 394 | 377 | 347 |
| Loans & advances | 222 | 103 | 50.46 | 49.09 | 22.26 | 21.75 |
| Total current assets | 1,233 | 1,240 | 781 | 443 | 399 | 369 |
| Total current liabilities | 175 | 125 | 114 | 51.06 | 66.16 | 43.27 |
| Net working capital | 1,058 | 1,115 | 666 | 392 | 333 | 326 |
| Total assets | 7,598 | 6,213 | 4,759 | 3,089 | 2,250 | 2,084 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 931 | 527 | 273 | 153 | 179 | 172 |
| Net cash from operating activities | (1,355) | (812) | (1,323) | (720) | (279) | 125 |
| Net cash from investing activities | (125) | (38.59) | 83.04 | 78.21 | 45.60 | (190) |
| Net cash from financing activities | 1,169 | 1,255 | 1,494 | 762 | 207 | 71.82 |
| Net change in cash | (311) | 405 | 254 | 120 | (26.61) | 7.27 |
| Closing cash | 1,011 | 1,138 | 730 | 394 | 377 | 347 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +24.3% | +40.4% | +66.9% | +44.3% | -12.8% | - |
| EBITDA growth | +13.4% | +24.9% | +105.9% | +189.5% | -65.8% | - |
| PBT growth | +9.9% | -1.3% | +219.1% | +9998.0% | - | +9997.0% |
| Net income growth | +13.1% | +6.2% | +199.6% | +217.7% | -370.6% | - |
| Revenue CAGR (3Y) | +42.8% | +50.1% | +28.1% | - | - | - |
| EBITDA CAGR (3Y) | +42.9% | +95.3% | +26.8% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +10.7% | +11.7% | +15.5% | +8.6% | -10.6% | +3.4% |
| Return on capital employed | +11.4% | +12.7% | +14.2% | +10.1% | 0.0% | +13.0% |
| Return on net worth | +9.2% | +12.0% | +16.6% | +7.6% | 0.0% | +2.8% |
| Debt / equity | 2.30 | 2.79 | 2.91 | 2.62 | 1.98 | 2.17 |
| Long-term debt / equity | 2.30 | 2.79 | 2.89 | 2.51 | 1.86 | 2.11 |
| Interest cover | 73.02 | 72.35 | 62.62 | 79.45 | 198.03 | 92.51 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 18.67 | 20.55 | 18.67 | 13.21 | 10.80 | 15.53 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 7.92 | 9.06 | 377.35 | 125.97 | (107.07) | 39.56 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 103.58 | 87.77 | 2,811.15 | 1,738.45 | 1,592.11 | 1,687.40 |
To see the full year-wise statements and ratios of Aye Finance Limited, buy the company report.
Board of directors of Aye Finance Limited
Aye Finance has 7 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Sharma | Managing Director | 27 Nov 2013 | 12 Years 11 Months | Current |
| Vinay Baijal | Director | 16 Aug 2024 | 2 Years 2 Months | Current |
| Kanika Tandon Bhal | Director | 01 Sep 2023 | 3 Years 2 Months | Current |
| Padmaja Nair | Director | 17 Oct 2024 | 2 Years 0 Months | Current |
| Aditya Misra Also directs: Vedantu Innovations Private Limited | Director | 28 Sep 2024 | 2 Years 1 Months | Current |
| Sanjaya Gupta Also directs: Altum Credo Home Finance Private Limited | Director | 01 Sep 2023 | 3 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2026 | 101405603 | Karnataka Bank Ltd. | ₹50 Cr | Open | |
| 15 Sep 2026 | 101403184 | Others | ₹80 Cr | Open | |
| 27 Aug 2026 | 101387393 | Others | ₹60 Cr | Open | |
| 27 Aug 2026 | 101388604 | Others | ₹40 Cr | Open | |
| 27 Aug 2026 | 101390530 | Others | ₹25 Cr | Open |
To see the full charge records of Aye Finance Limited, buy the company report.
Total charge records: 315 View all charges
Deals & funding
Aye Finance Limited has 40 deals on record (16 secondary share transfers, 11 funding rounds, 8 debt financings), with disclosed funding of ₹2,795.53 Cr; the latest was in August 2026.
Deals on record (5 of 40)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Secondary share transfer | Undisclosed | Buyer: Integrated Core Strategies (asia) Pte Ltd, Singularity AMC, F3 Advisors Private Limited Seller: Alpha Wave Global, F3 Advisors Private Limited |
| Aug 2026 | Market trade | ₹323.87 Cr | Buyer: Integrated Core Strategies (Asia) Pte Ltd, Singularity Large Value Fund Iii, F3 Advisors Private Limited Seller: Alpha Wave India I Lp, F3 Advisors Private Limited |
| Aug 2026 | Market trade | ₹27.33 Cr | Buyer: F3 Advisors Private Limited Seller: F3 Advisors Private Limited |
| Feb 2026 | IPO | ₹1,010 Cr | Investors: IPO Shareholders - Aye Finance Limited, Nippon Life India Trustee Ltd- A/C Nippon India Banking & Financial Services Fund, Goldman Sachs Public Market Fund Seller: Maj Invest Equity, CapitalG, Alpha Wave Global |
| Sep 2025 | Debt financing | ₹251.5 Cr | Investors: Nuvama Private Equity (Edelweiss Private Equity), Northern ARC Investments, Incred Financial Services Limited |
To see the full deal history of Aye Finance Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aye Finance Limited has 6,985 court cases on record: 6,903 filed by Aye Finance, 82 filed against it. 5,426 cases are pending and 1,559 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6,983 | 80 | 5,426 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 6,985)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, kachchh at Bhuj, Gujarat | Criminal miscellaneous application | Filed against the company by Indmoney Tech Pvt Ltd T/H Tushar Arora | Pending |
| District court, Nalgonda, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company | Pending |
| District court, Karimnagar, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Kheda at Nadiad, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Pending |
To see the full case history of Aye Finance Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Aye Finance Limited was last rated by Indiarating on 23 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 23 Mar 2022 |
To see the full credit ratings and regulatory alerts of Aye Finance Limited, buy the company report.
MSME payment delays
Aye Finance Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 8 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Eml Consultancy Services Private Limited | |||
| Qualtech Consultants Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Aye Finance Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Aye Finance has 25 GST registrations: 21 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCD8717B1ZY | Delhi | Active | 01 Jul 2017 |
| 05AABCD8717B1Z2 | Uttarakhand | Active | 01 Jul 2017 |
| 06AABCD8717B1Z0 | Haryana | Active | 01 Jul 2017 |
| 08AABCD8717B1ZW | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aye Finance Limited, buy the company report.
Recent activity
Aye Finance Limited has 32 board changes on record since 2013: 7 appointments and 25 cessations. The latest: Krishan Gopal ceased to be CFO on 10 Jan 2026.
546 earlier events are in the company report.
News
Frequently asked questions
Aye Finance is an active public limited company based in New Delhi, Delhi, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 12 August 1993 (33+ years old) and is registered under CIN L65921DL1993PLC283660. Listed on BSE: 544699 and NSE: AYE.
Aye Finance reported revenue of ₹1,815 Cr for FY 2025-26 (up 24.3% YoY) based on standalone financials.
Aye Finance has 7 current directors:
- Sanjay Sharma - Managing Director
- Vinay Baijal - Director
- Kanika Tandon Bhal - Director
- Padmaja Nair - Director
- Aditya Misra - Director
- Sanjaya Gupta - Director
- Govinda Rajulu Chintala - Director
The latest financial statements of Aye Finance on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Aye Finance is 07AABCD8717B1ZY, registered in Delhi. The company has 25 GST registrations in all, of which 21 are active and 4 are cancelled or inactive. Other active GSTINs include 05AABCD8717B1Z2 (Uttarakhand), 06AABCD8717B1Z0 (Haryana), 08AABCD8717B1ZW (Rajasthan).
The CIN (Corporate Identification Number) of Aye Finance is L65921DL1993PLC283660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Aye Finance is a listed company as per MCA records. Its shares are listed on both BSE (code: 544699) and NSE (symbol: AYE).
Aye Finance has 6,985 court cases on record: 6,903 filed by the company and 82 filed against it. 5,426 are pending. Most are in the district courts.
Aye Finance was incorporated on 12 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
Aye Finance has 40 deals on record (16 secondary share transfers, 11 funding rounds, 8 debt financings), with disclosed funding of ₹2,795.53 Cr; the latest was in August 2026.
Krishan Gopal ceased to be CFO on 10 Jan 2026. Gaurav Malhotra ceased to be Director on 12 Dec 2024. Kartik Srivatsa ceased to be Director on 12 Dec 2024. Aye Finance has 32 board changes on record in total.
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