Finkurve Financial Services
68.82
-1.99(-2.81%)
Market Cap₹963.83 Cr
PE Ratio73.13
Company Performance:
1D-2.81%
1M+20.86%
6M-41.66%
1Y-39.67%
5Y-39.67%
View Company Insightsright
More news about Finkurve Financial Services
31Mar 26
CARE Ratings Assigns BBB+ Stable Ratings to Finkurve Financial Services' Debt Instruments
CARE Ratings has assigned BBB+ stable ratings to Finkurve Financial Services' ₹150.00 crore non-convertible debentures and ₹300.00 crore long-term bank facilities. The ratings reflect adequate capitalisation supported by ₹111.5 crore equity infusion in H1FY26 and substantial AUM growth to ₹833 crore as of December 31, 2025. The company maintains a comfortable capital adequacy ratio of 39.29% and focuses primarily on secured gold loans comprising 93% of its portfolio.
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20Mar 26
Finkurve Financial Services Approves ₹25 Crore NCD Issuance with 11.16% Coupon
Finkurve Financial Services Limited's board meeting on March 20, 2026, approved raising ₹25 crore through 25,000 Non-Convertible Debentures at ₹10,000 each with 11.16% coupon rate and monthly interest payments. The secured NCDs will mature on December 26, 2027, and be listed on BSE Limited. The company also relocated its registered office within Mumbai's Kamala Mills Compound area.
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11Mar 26
Finkurve Financial Services: Achieves Over ₹1,035 Crore In Assets Under Management
Finkurve Financial Services Limited has crossed ₹1,035+ crore in Assets Under Management, achieving nearly 10x growth compared to FY23. The tech-first gold loan NBFC has expanded its operations to 100+ branches across four states, serving over 50,000 customers through its branch-led phygital network and disciplined underwriting practices.
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05Mar 26
Finkurve Financial Services Announces New Partnership for Co-Lending with Godrej Finance
Finkurve Financial Services has entered into a strategic co-lending partnership with Godrej Finance Limited under the RBI co-lending framework for gold loan products. The partnership features an 80-20 participation structure with Godrej Finance taking the larger share, enabling Finkurve to scale its gold loan portfolio while maintaining capital efficiency and disciplined risk management through its branch-led operating model.
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25Feb 26
Finkurve Financial Services Board Approves ₹50 Crore NCD Issuance Through Private Placement
Finkurve Financial Services Limited's board approved raising ₹50 crore through 5,000 Non-Convertible Debentures of ₹1,00,000 each via private placement on Electronic Bidding Platform. The NCDs offer 12% coupon rate with 24-month tenure, maturing on February 26, 2028, with bullet payment structure. The issue will be secured by first ranking charge over company's receivables with 1.10x security cover and will be listed on BSE Limited.
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13Feb 26
Finkurve Financial Services Reports Strong Q3 FY26 Growth in Maiden Earnings Call
Finkurve Financial Services reported strong Q3 FY26 results in its maiden earnings call, with AUM growing 118% to Rs. 833 crores and income up 31% year-on-year. The technology-enabled gold loan NBFC maintained superior asset quality with NPAs below 2% versus 3% industry average. Management outlined expansion plans targeting 40-50% growth in AUM and branch network over 1-1.5 years while maintaining conservative underwriting and focusing on sustainable growth.
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11Feb 26
Finkurve Financial Services Submits Q3FY26 Monitoring Agency Report for Preferential Issue Proceeds
Finkurve Financial Services Limited submitted its Q3FY26 monitoring agency report showing utilization of Rs. 111.50 crores from preferential issue proceeds of Rs. 141.50 crores. The original issue size was reduced from Rs. 157.11 crores due to undersubscription. No additional funds were utilized during the quarter, with Rs. 30.00 crores remaining unutilized, representing pending warrant subscription amounts from holders who have 18 months to convert warrants into equity shares.
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09Feb 26
Finkurve Financial Services Provides Q3 FY26 Earnings Call Recording Link
Finkurve Financial Services has made available the audio recording of its Q3 FY26 earnings call through its website and third-party platform. The company reported strong quarterly performance with Assets Under Management growing 119% year-on-year to ₹833.15 crore and total income increasing 31.19% to ₹52.47 crore, while maintaining robust asset quality with Net NPA at 0.54%.
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06Feb 26
Finkurve Financial Services Receives Credit Rating Reaffirmation and Enhancement from Crisil
Crisil Ratings reaffirmed 'BBB/Stable' rating for Finkurve Financial Services' Rs.300 crore bank facilities and enhanced NCD ratings to Rs.300 crore total. The NBFC, operating as Arvog brand, reported Rs.671 crore AUM with 91% gold loans portfolio. Strong capitalisation with Rs.329 crore networth and 1.1 times gearing supports the rating, along with experienced management and promoter backing of 56.3% stake.
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29Jan 26
Finkurve Financial Services Opens 100th Tech-Enabled Gold Loan Branch
Finkurve Financial Services Limited achieved a major milestone by opening its 100th tech-enabled gold loan branch on January 29, 2026. The company demonstrated remarkable growth from approximately 4 branches in 2021 to 100 branches today through its "phygital" strategy combining on-ground expansion with technology-first operations. The achievement reflects successful implementation of digital underwriting, centralized risk management, and technology-driven processes that have enhanced operational efficiency and customer experience.
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30Dec 25
Finkurve Financial Services Board Approves ₹35 Crore NCD Fundraising Through Private Placement
Finkurve Financial Services Limited's board approved raising ₹35 crores through 35,000 Non-Convertible Debentures at ₹10,000 face value each via private placement on Electronic Bidding Platform. The NCDs offer 11.16% coupon rate with monthly interest payments, secured by first ranking charge on receivables, with allotment on December 31, 2025, and maturity on July 7, 2027. The debentures will be listed on BSE Limited under SEBI regulations.
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29Dec 25
Finkurve Financial Services Completes NCD Interest Payment Worth ₹51.28 Lakh
Finkurve Financial Services has successfully completed interest payments totaling ₹51.28 lakh on its Non-Convertible Debentures ahead of schedule, demonstrating strong debt servicing capabilities. The payments covered two NCD series with a combined value of ₹50 crores, with the company maintaining its monthly payment frequency and full regulatory compliance.
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13Oct 25
Finkurve Financial Services CEO Amit Shroff to Step Down by October 31, 2025
Amit Shroff, CEO of Finkurve Financial Services Limited, has resigned citing personal reasons. The resignation will be effective from October 31, 2025, at the close of business hours. The company disclosed this information in a regulatory filing to the BSE and NSE on October 13, 2025, complying with SEBI regulations. No successor has been announced yet.
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30Sept 25
Finkurve Financial Services Secures NSE Listing Approval for 14 Crore Equity Shares
Finkurve Financial Services Limited received approval from NSE to list 14,00,19,206 equity shares on the NSE Main Board. Trading will commence on October 1 under the symbol 'FINKURVE'. The listing includes shares with varied lock-in periods. The company is already listed on BSE under scrip code 508954, achieving dual-listing status.
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19Sept 25
Finkurve Financial Services Unveils Ambitious Growth Strategy in Analyst Meet
Finkurve Financial Services, operating under the Arvog brand, will hold an Analyst/Institutional Investor Meet on September 23, 2025. The tech-enabled NBFC focuses on gold loans, which make up 89% of its AUM. With 83 branches across four states, the company serves over 70,000 active customers and disbursed INR 1,605.55 crore in FY2025. Finkurve reported a Gross AUM of INR 541.78 crore and PAT of INR 5.09 crore, maintaining low GNPA and NNPA ratios. The company aims to achieve a loan book of INR 10,000 crore by 2029, leveraging AI and integrated loan management systems. Backed by the Augmont Group, Finkurve is expanding its branch network and establishing co-lending partnerships with banks.
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18Aug 25
Finkurve Financial Services Reports Robust 66% YoY AUM Growth in Q1
Finkurve Financial Services Limited, a tech-first gold loan NBFC, reported robust Q1 results. Key highlights include a 66.01% year-over-year increase in Asset Under Management to INR 541.78 crores, 40.47% growth in total income to INR 40.04 crores, and a 16.06% rise in Profit After Tax to INR 5.09 crores. The company expanded its branch network by 29.68% to 83 branches and maintained healthy asset quality with a gross NPA ratio of 0.37%. Finkurve also raised approximately INR 111.50 crores through a preferential issue and entered the Tamil Nadu market with its first branch in Chennai.
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11Aug 25
Finkurve Financial Services Approves Rs 22 Crore Non-Convertible Debenture Issuance
Finkurve Financial Services Limited approved the issuance of 2,200 Non-Convertible Debentures (NCDs) worth Rs 22 crore. Each NCD has a face value of Rs 1 lakh, offering an 11.75% coupon rate for a 36-month tenure. The NCDs will be secured against the company's receivables and are proposed to be listed on BSE Limited. Interest payments will be made quarterly, with an additional 1% interest rate applicable in case of default.
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05Aug 25
Finkurve Financial Services Schedules Board Meeting to Consider Non-Convertible Debentures Issuance
Finkurve Financial Services has scheduled a board meeting for August 11 to discuss and potentially approve the issuance of Non-Convertible Debentures (NCDs) through private placement. The proposed debentures have a face value and issue price of Rs. 1,00,000 each and will be offered via an Electronic Bidding Platform. This move is part of the company's strategy to explore funding options and could provide additional capital for operations or expansion.
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31Jul 25
Finkurve Financial Services Secures BSE Trading Approval for 13 Crore Preferential Equity Shares
Finkurve Financial Services Limited obtained BSE approval to trade 1,30,13,100 new equity shares from July 23, 2025. The shares, issued at Rs. 78 each on a preferential basis to non-promoters, have a face value of Re. 1 and a premium of Rs. 77. This development could potentially boost the company's capital base and market liquidity.
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1 Year Returns:-39.67%
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