Finkurve Financial Services Limited , a tech-enabled Non-Banking Financial Company (NBFC), has announced an Analyst/Institutional Investor Meet scheduled for September 23, 2025, where it will present its growth strategy and operational highlights. The company, which operates under the Arvog brand, has positioned itself as a key player in the gold loan sector, leveraging technology to streamline lending processes.

Gold Loan Focus and Operational Highlights

Finkurve's business model centers around gold loans, which comprise 89% of its Assets Under Management (AUM). The company has established a strong presence with 83 physical branches across four states, serving over 70,000 active customers. In the fiscal year 2025, Finkurve disbursed INR 1,605.55 crore, maintaining an impressive average loan disbursal time of 30 minutes.

Financial Performance

The company's financial metrics reflect its growth trajectory:

Finkurve maintains a CRISIL BBB/Stable rating, indicating a moderate degree of safety regarding timely servicing of financial obligations.

Strategic Vision and Future Goals

Arvog, the brand under which Finkurve operates, has set an ambitious target to achieve a loan book of INR 10,000 crore by 2029. The company aims to position itself as India's largest tech-driven gold loans company, leveraging cutting-edge technology to simplify and revolutionize gold-based lending.

Technology-Driven Approach

Finkurve's success is underpinned by its tech-enabled lending model:

• Integrated Loan Management System (LMS) and Loan Origination System (LOS) for efficient processing
• AI-driven image processing technology for enhanced gold assessment
• Real-time surveillance and vault monitoring systems for improved security

Expanding Reach and Partnerships

The company has been actively expanding its presence:

• Increased branch network from 64 to 83 in one year
• Established partnerships with banks for co-lending of gold loans
• Diversified lender profiles to enhance financial credibility

Market Position and Backing

Finkurve is backed by the Augmont Group, which operates India's largest gold and silver SPOT platform. This association provides the company with a strong foundation in the precious metals industry and access to a vast network of over 4 crore customers and 5,000+ agents and jewelers.

Investor Relations and Corporate Governance

The company has demonstrated a commitment to transparency and investor relations by organizing the upcoming Analyst/Institutional Investor Meet. This event will provide stakeholders with detailed insights into Finkurve's operations, financials, and future strategies.

As Finkurve Financial Services continues to grow its gold loan business and expand its tech-driven lending model, it remains focused on maintaining asset quality and improving operational efficiency. The company's strategic vision, coupled with its strong backing and technological edge, positions it well for future growth in the competitive NBFC sector.

Finkurve Financial Services Limited (ISIN: INE734I01027), a tech-first gold loan NBFC, has reported strong performance for the first quarter, demonstrating significant growth across key financial metrics.

Strong Asset Under Management Growth

The company's Asset Under Management (AUM) saw a remarkable year-over-year increase of 66.01%, reaching INR 541.78 crores, up from INR 326.36 crores in the same quarter of the previous year. This growth includes an off-book AUM of INR 14.25 crores.

Financial Performance Highlights

• Total income rose by 40.47% year-over-year to INR 40.04 crores.
• Net interest income increased by 29.47% to INR 19.52 crores.
• Profit Before Tax (PBT) grew by 15.88% to INR 6.83 crores.
• Profit After Tax (PAT) improved by 16.06% to INR 5.09 crores.
• Basic Earnings Per Share (EPS) increased by 8.57% to INR 0.38.

Operational Metrics

• The company's branch network expanded by 29.68% year-over-year, growing from 64 branches to 83 branches.
• Disbursements reached INR 796.61 crores during the quarter.
• Average gold loan per branch increased by 40.78% to INR 5.8 crores.

Asset Quality and Financial Stability

Finkurve Financial Services maintained healthy asset quality with a gross Non-Performing Asset (NPA) ratio of 0.37% and a net NPA ratio of 0.17%. The company's capital adequacy ratio remained robust at 57.31%, indicating strong financial stability.

Strategic Developments

During the quarter, Finkurve successfully raised approximately INR 111.50 crores through a preferential issue of equity shares and warrants to both promoters and non-promoters. This capital infusion aligns with the company's objectives to scale operations, enhance its technology-driven phygital model, and expand its market presence in India's evolving gold loan industry.

The company also marked its entry into Tamil Nadu by launching its first branch in Chennai, representing a significant milestone in its expansion strategy.

Management Commentary

Amit Shroff, Chief Executive Officer of Finkurve Financial Services, commented on the performance: "This quarter has begun on a strong note marked by robust growth, strategic expansion, and continued progress towards our vision of becoming one of the leading players in India's gold loan sector. As we move ahead, our focus remains on delivering superior customer experiences, leveraging technology for operational excellence, and scaling responsibly to create long-term value for all stakeholders."

Financial Snapshot

Finkurve Financial Services Limited, also known by its brand name Arvog, continues to strengthen its position in the gold loan NBFC sector, leveraging technology and strategic expansion to drive growth and create value for its stakeholders.