Finkurve Q4 Net Profit Rises 105% to ₹8.04 Cr

Finkurve Financial Services Limited has announced its audited financial results for the quarter and fiscal year ended March 31, 2026. The company reported a significant surge in profitability, with net profit for Q4 FY26 rising by 105% to ₹8.04 crore, compared to ₹3.91 crore in the corresponding period of the previous year. For the full fiscal year FY26, the profit for the period stood at ₹26.03 crore, marking a 49% increase from ₹17.43 crore in FY25.

Financial Performance

The company’s operational scale expanded considerably during the period. Total Assets Under Management (AUM) reached ₹1,096.1 crore in Q4 FY26, a 149% year-on-year increase from ₹439.5 crore in Q4 FY25. This growth was supported by a strategic shift towards retail gold loans, which now constitute 95% of the total loan book. Total income for Q4 FY26 grew by 71.21% to ₹69.21 crore, up from ₹40.43 crore in the same quarter last year.

Metric (₹ Cr)	Q4 FY26	Q4 FY25	YoY Growth
Total Income	69.21	40.43	71.21%
Net Profit	8.04	3.91	105.46%
AUM	1,096.10	439.50	149%
Net Worth	346.00	206.40	68%

Operational Highlights

Finkurve Financial Services strengthened its operational metrics, with gold under management increasing by 54% year-on-year to 1,076.2 kgs. The branch network expanded to 105 locations, up from 73 in the previous year, while active customers for gold loans grew by 66% to 28,506. The company’s leverage ratio improved to 2.42 from 1.15, reflecting enhanced capital efficiency. Additionally, the Net Non-Performing Assets (NNPA) ratio improved significantly to 0.09% in Q4 FY26 from 0.65% in Q4 FY25.

Strategic Developments

The company noted that its reported PAT for the quarter includes an incremental provision of ₹1.22 crore (pre-tax) arising from its transition to a Middle Layer NBFC framework. Finkurve continues to leverage its partnership with Godrej Finance for co-lending and has maintained a diversified borrowing mix to reduce the cost of funds. The management highlighted that the AUM milestone of crossing ₹1,000 crore reflects nearly 10x growth compared to FY23.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.99%	+6.55%	-10.03%	-38.93%	-45.36%	-45.36%

Finkurve Financial Services Limited has reported its audited financial results for the quarter and financial year ended March 31, 2026. The company posted a strong financial performance for the full year, with significant growth in net profit, revenue, and Assets Under Management (AUM).

Annual Financial Performance

For the financial year ended March 31, 2026, Finkurve Financial Services recorded a net profit of INR 2,603.41 lakh, an increase of 49.33% from INR 1,740.73 lakh in the previous year. Total income rose to INR 20,986.36 lakh, up from INR 14,105.90 lakh in FY25. The company's earnings per share (EPS) for the year improved to INR 1.89 for basic EPS, compared to INR 1.37 in the prior year. AUM grew by 149% on a year-on-year basis to INR 1,096.1 crore, including off-book AUM of INR 21.03 crore.

Quarterly Results

In the quarter ended March 31, 2026, the company reported a net profit of INR 804.09 lakh, a rise of 105.46% from INR 391.38 lakh in the corresponding quarter of the previous year. Total income for Q4 FY26 stood at INR 6,921.46 lakh, compared to INR 4,042.66 lakh in Q4 FY25. The following table summarises the key financial metrics for the quarter and year:

Metric:	Q4 FY26 (INR in Lakhs)	Q4 FY25 (INR in Lakhs)	Year Ended FY26 (INR in Lakhs)	Year Ended FY25 (INR in Lakhs)
Total Income:	6,921.46	4,042.66	20,986.36	14,105.90
Net Profit:	804.09	391.38	2,603.41	1,740.73
Basic EPS (INR):	0.58	0.31	1.89	1.37

Operational Highlights

The company maintained a healthy asset quality, with a Gross NPA ratio of 0.13% and a Net NPA ratio of 0.09% as of March 31, 2026. The Capital to Risk-weighted Assets Ratio (CRAR) stood at 30.96%. The branch network increased from 73 to 105 branches during the year. Key developments in FY26 include raising funds amounting to INR 111.50 crore through a preferential issue, the listing of shares on the National Stock Exchange, and entering into a strategic co-lending partnership with Godrej Finance Limited.