Finkurve Financial Services Limited has reported a 149% year-on-year (YoY) growth in assets under management (AUM) to INR 1,096 crore for the quarter ended March 31, 2026. Profit after tax (PAT) surged by 105%, supported by a 71% rise in total quarterly income to INR 69 crore. The company achieved record low non-performing assets (NPAs) during the quarter, with gross NPA at 0.13% and net NPA at 0.09%, while maintaining a capital adequacy ratio (CRAR) of 30.96%.

Financial Performance and Asset Quality

The company's liquidity position remained robust with cash and cash equivalents of INR 102 crore as of the balance sheet date. The debt-to-equity ratio stood at 2.42x, providing ample room for future leverage. Management noted that the weighted average cost of borrowing for the previous financial year was 11.2%.

Operational Milestones and Strategic Updates

During the quarter, Finkurve crossed the INR 1,000 crore AUM milestone and expanded its branch network from 73 to 105, adding 32 branches in a year. The company transitioned into a middle-layer NBFC, aligning its systems and governance framework with regulatory requirements. It received credit rating upgrades from CARE Ratings and Infomerics, moving from BBB to BBB plus category. A co-lending partnership was initiated with Godrej, accumulating approximately INR 21 crore in AUM.

Future Guidance

Management provided a guidance of 40% to 50% YoY AUM growth for the current financial year. The company aims to achieve a return on equity (ROE) of 17% to 18% and a return on assets (ROA) of 3.5% to 4% over the next five years. It targets reaching an AUM of INR 5,000 crore by 2029.

finkurve financial services has fixed record dates in June 2026 for the payment of interest on its Non-Convertible Debentures (NCDs). The company communicated these dates to the stock exchanges pursuant to Regulation 60 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The record dates determine eligibility for interest payments, which are scheduled for late June and early July 2026.

The company has established specific record dates for various ISINs, with payment frequencies ranging from monthly to quarterly. The due dates for the interest payments vary from June 26, 2026, to July 12, 2026. Interest will be credited only to those NCD holders whose names are listed in the Statement of Beneficiary Position provided by the depositories as of the applicable record date.

Schedule of Record Dates and Interest Payments

The following table outlines the record dates and corresponding due dates for interest payment across different NCD series:

The intimation was signed by Kajal Parmar, Company Secretary & Compliance Officer of Finkurve Financial Services Limited. Copies of the communication have been forwarded to National Securities Depository Limited, Central Depository Services (India) Limited, and MUFG Intime India Private Limited.