Finkurve Financial Reports Q4 FY26 Results: AUM Jumps 149% to INR 1,096 Cr

Finkurve Financial Reports Q4 FY26 Results: AUM Jumps 149% to INR 1,096 Cr​

Finkurve Financial Services Limited, a leading tech-first Gold Loan NBFC, announced its audited financial results for the quarter and financial year ended March 31, 2026. The results highlighted significant year-on-year growth across key metrics, with Assets under Management (AUM) growing by 149% and Profit after Tax (PAT) increasing by 105%.

The company reported strong operational expansion alongside its financial growth, establishing itself as a major player in India's secured lending ecosystem.

Business and Financial Highlights​

During Q4 FY26, Finkurve reported robust growth indicators. The Asset under Management (AUM) surged by 149% year-on-year (YoY), climbing from INR 439.5 cr to INR 1,096.1 cr, including an off-book AUM of INR 21.03 cr. Operationally, the company expanded its network by increasing its branch count from 73 to 105 branches. The number of active gold loan customers stood at 28,506 as of March 31, 2026.

Financially, the firm reported that total income grew 71.21% YoY, moving from INR 40.43 cr in Q4 FY25 to INR 69.21 cr in Q4 FY26. Net interest income (NII) saw a YoY increase of 36.87%, rising from INR 34.66 cr in Q4 FY25 to INR 47.44 cr in Q4 FY26.

The company maintained healthy asset quality ratios, reporting Gross NPA at 0.13% and Net NPA at 0.09%. The capital adequacy ratio remained at a strong 30.96%, and the liquidity position was robust, holding INR 102.12 cr in cash and cash equivalents, equating to 8.28% of total assets.

Key Developments and Milestones​

Finkurve achieved several key milestones in FY26. The company crossed the INR 1,000 Cr mark in Assets Under Management, representing a nearly 10x surge compared to FY23.

In a significant strategic move, the company successfully raised funds amounting to INR 111.50 Cr through a combination of preferential equity shares and share warrants. These funds are aimed at scaling up operations, expanding its technology-driven phygital model, and enhancing its market presence in the gold loan industry.

Operational growth was marked by the launch of its first branch in Chennai, Tamil Nadu, and the commencement of its 100th Tech-Enabled Gold Loan Branch. Furthermore, the company entered into a strategic co-lending partnership with Godrej Finance Limited (GFL), a subsidiary of Godrej Capital, to jointly offer gold loan products under the Reserve Bank of India's co-lending framework.

Other notable developments include the listing of the company’s shares on the National Stock Exchange on October 1, 2025, and the Board's approval of Mr. Naveen Kottala as Chief Executive Officer, effective November 18, 2025. The company's ratings were also upgraded, with Infomerics Ratings assigning 'IVR BBB+ / Stable' and Care rating assigning 'CARE BBB+; Stable' during March 2026.

Consolidated Financial Performance​

The financial snapshot for Q4 FY26 and the full fiscal year shows consistent growth:



For the full fiscal year, the audited results show:

Management Commentary​

Commenting on the performance, Mr. Priyank Kothari, Executive Director, stated that Q4 FY26 represents a defining chapter in the company's journey. He noted that AUM reached INR 1,096 cr as on March 31, 2026, reflecting a 149% YoY growth. He highlighted that the growing network of tech-enabled gold loan branches and the co-lending partnership with Godrej Finance Limited are markers of the institutional depth and scalability of the business.

Mr. Kothari added that while the company looks ahead, it remains focused on ensuring sustainable and well-governed growth, citing strong asset quality with Net NPA at 0.09% and a healthy Capital Adequacy Ratio of 30.96%.

About Finkurve Financial Services Limited​

Finkurve Financial Services Limited, also known by its brand name Arvog, is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI) as a non-deposit-taking, Middle-layer NBFC. Established in 1984, the company focuses primarily on gold loans, which forms the majority of its Assets under Management (AUM). Finkurve also offers personal loans and SME loans, positioning itself as a key provider of accessible, technology-driven financial services. The company maintains a strategic tie-up with Augmont Goldtech, India's largest fully integrated gold platform.

FINKURVE Stock Price Movement​

Shares of Finkurve Financial Services Limited today slipped by 1.84% to settle at ₹68.13. The equity traded on a volume of 56,949 shares during the session.