Finkurve Financial Services Reports 149% AUM Growth, Crosses ₹1,000 Crore Milestone in Q4 FY26
Mumbai, May 20, 2026: Finkurve Financial Services Limited, a leading Tech-first Gold Loan NBFC, announced its unaudited financial performance for the quarter and full year ended March 31, 2026. The company reported significant growth in its Assets under Management (AUM), which expanded by 149% year-over-year (YoY) to reach ₹1,096.1 crore.The financial results showed that total income for Q4 FY26 grew 71.21% YoY, reaching ₹69.21 crore. Furthermore, the Profit after Tax for the quarter increased by 105% YoY.
Business and Financial Highlights
During the quarter ended March 31, 2026, Finkurve experienced substantial operational growth. The company's physical reach increased, with the branch network expanding from 73 to 105 branches. As of March 31, 2026, the number of active customers stands at 28,506.The company successfully crossed the ₹1,000 crore mark in Assets Under Management, marking a nearly tenfold increase compared to FY23.
Key financial metrics for Q4 FY26 include:
- Total Income: ₹69.21 crore (up 71.21% YoY from ₹40.43 crore in Q4 FY25).
- Net Interest Income: Increased 36.87% YoY, rising from ₹34.66 crore in Q4 FY25 to ₹47.44 crore in Q4 FY26.
- Asset Quality: Gross NPA was reported at 0.13%, and Net NPA was reported at 0.09%.
- Capital Position: The Capital adequacy ratio remained at 30.96%, and the liquidity position was strong, maintaining ₹102.12 crore in cash and cash equivalents.
FY26 Performance Snapshot
The financial performance data highlights robust year-over-year and quarter-over-quarter improvements:| Particulars | Q4FY26 | Q4FY25 | Y-o-Y |
|---|---|---|---|
| AUM (INR. cr)* | 1096 | 440 | 149.09% |
| Branch Network | 105 | 73 | 43.84% |
| Avg. Gold Loan per Branch (INR. cr) | 9.9 | 5.3 | 86.79% |
The annual figures for FY26 against FY25 are detailed below:
| Particulars | Q4FY26 | Q4FY25 | Y-o-Y |
|---|---|---|---|
| Total Income | 69.21 | 40.43 | 71.21% |
| PBT | 10.42 | 5.25 | 98.66% |
| PAT | 8.04 | 3.91 | 105.46% |
| Basic EPS (INR) | 0.58 | 0.31 | 87.10% |
Strategic Developments and Leadership
In key developments for FY26, the company successfully raised funds amounting to ₹111.50 crore through a combination of preferential issue of equity shares and share warrants. These funds are earmarked to scale up operations, expand the technology-driven phygital model, and enhance market presence in India's gold loan industry.The company also announced the launch of its first branch in Chennai, Tamil Nadu, and commenced its 100th Tech-Enabled Gold Loan Branch, underscoring its commitment to expanding physical presence using technology-driven processes.
Furthermore, during Q4 FY26, Finkurve entered into a strategic co-lending partnership with Godrej Finance Limited (GFL), a subsidiary of Godrej Capital, to jointly offer gold loan products.
From an advisory standpoint, Infomerics Ratings upgraded the company's rating to 'IVR BBB+/Stable,' while Care assigned 'CARE BBB+/Stable' during March 2026.
Operationally, the Board of Directors approved the appointment of Mr. Naveen Kottala as Chief Executive Officer, effective November 18, 2025.
Commenting on the performance, Executive Director Priyank Kothari stated that the growth of the AUM to ₹1,096 crore reflects the momentum built across the gold loan franchise. He added that the co-lending partnership with Godrej Finance Limited and the growing network of tech-enabled branches are key indicators of institutional depth and scalability. He affirmed the focus on keeping risk management, operational discipline, and customer centricity at the core of the company's future strategy.
FINKURVE Stock Price Movement
On Wednesday, Finkurve Financial Services Limited shares rallied, finishing the session up 3.61% at ₹69.68. The equity saw solid interest throughout the day, trading on a total volume of 43,830 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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