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Mumbai (Maharashtra) (India), May 26: Finkurve Financial Services Limited (NSE: FINKURVE; BSE: 508954), one of the leading tech-first gold loan NBFCs, announced its audited financial results for the quarter and financial year ended March 31, 2026.
The company recorded strong growth in key business and financial parameters during FY26, driven by the continued expansion of its technology-led phygital strategy, branch network growth and growing customer acceptance across the markets. During the year, Fincurve crossed the significant milestone of Rs 1,000 crore in assets under management (AUM), underscoring its growing presence in India’s secured lending ecosystem.
Business Highlights: Q4 FY26
Fincurve sees strong growth momentum during FY26, with assets under management (AUM) growing 149% YoY to Rs 1,096.1 crore, including off-book AUM of Rs 21.03 crore, with AUM growing nearly 10x compared to FY23. The company has expanded its branch network across India from 73 to 105, with the number of active gold loan customers standing at 28,506 as of March 31, 2026. During the year, Fincurve raised approximately Rs 111.5 crore to support expansion and strengthen its technology-led phygital strategy.
The company achieved several strategic milestones during FY26, including listing of its shares on the National Stock Exchange, crossing 100 tech-enabled gold loan branches and expanding into South India with the launch of its first branch in Chennai. The board also approved the appointment of Naveen Kottala as Chief Executive Officer with effect from November 18, 2025. Additionally, Fincurve entered into a strategic co-lending partnership with Godrej Finance Limited under the RBI co-lending framework, while Infomerics and CARE Ratings assigned/upgraded the company’s ratings to ‘BBB+/Stable’.
Financial Highlights: Q4 FY26
Fincurve reported a strong financial performance during Q4 FY26, with total income growing 71.21% YoY to Rs 69.21 crore and net interest income (NII) growing 36.87% YoY to Rs 47.44 crore. Profit before tax (PBT) increased by 98.66% year-on-year to Rs 10.42 crore, while profit after tax (PAT) increased by 105.46% year-on-year to Rs 8.04 crore. Basic EPS for the quarter stood at Rs 0.58, compared to Rs 0.31 in Q4FY20.
The company continued to maintain healthy asset quality and liquidity with gross NPA at 0.13%, net NPA at 0.09% and capital adequacy ratio at 30.96%. Cash and cash equivalents stood at Rs 102.12 crore, which is 8.28% of total assets.
Financial Snapshot: Q4 and FY26 (INR Crore)
Key metrics: Q4 FY26
Includes off-book AUM
Commenting on the performance, Mr. Priyank Kothari, Executive Director, said, “Q4FY26 represents a defining chapter in Fincurve’s journey. Our assets under management crossed the Rs 1,000 crore mark during the year and will reach Rs 1,096 crore by March 31, 2026, representing a growth of 149% year-on-year. This milestone reflects the momentum that We have built our Gold Loan franchise with the growing trust of our customers and lending partners.
This growth has been supported by meaningful progress during the year. The expansion of our tech-enabled gold loan branch network and our co-lending partnership with Godrej Finance Limited is not only a milestone, but a significant step in building a stronger and more scalable business.
As we look ahead, we remain focused on ensuring that our growth is sustainable and well-planned. Asset quality remains strong with net NPAs at 0.09%, our capital adequacy ratio remains healthy at 30.96%, and liquidity remains comfortable. We will continue to invest in technology, expand our branch network and diversify our funding base while keeping risk management, operational discipline and customer centricity at the core of everything we do.”
About Fincurve Financial Services Limited (RVOG)
Finkurve Financial Services Limited (NSE: FINKURVE; BSE: 508954), also known by its brand name Arvog, is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI) as a non-deposit taking, middle-layer NBFC. Established in 1984 as Sanjay Leasing Limited, the company obtained its NBFC license in 1998 and was acquired by the promoters in the year 2010.
Fincurve primarily focuses on gold loans, which form the majority of its assets under management (AUM), establishing it as a leading gold loan NBFC. The company also offers personal loans and SME loans, expanding its financial solutions through partnerships with fintech companies.
Fincurve also has a strategic tie-up with Augmont Goldtech, India’s largest fully integrated gold platform, serving as a one-stop destination for all gold related needs. With a growing presence across India, Fincurve is committed to providing accessible, technology-driven financial services to a wide customer base.
Please visit www.arvog.com for more information.
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first published: 26 May 2026 | 6:30 pm First