Finkurve Financial Services

Finkurve reported strong Q3 FY26 results with AUM surging 118% YoYCurrent reported value: 118% YoY. No comparable prior figure is available in the source record. to ₹833 croreCurrent ₹833 crore. Reported change: +118% YoY., driven by branch expansion (72 to 98 branchesCurrent 98 branches. Reported change: +36% YoY.), new customer acquisition, and gold price tailwinds. Revenue grew 31% YoYCurrent reported value: 31% YoY. No comparable prior figure is available in the source record. and PAT rose 24% YoYCurrent reported value: 24% YoY. No comparable prior figure is available in the source record., though NIMs contracted due to low leverage (1.67xCurrent 1.67x. Reported change: +0.67x YoY. vs industry 3-4x) and higher finance costs. Management guided for 40-50% AUM growthCurrent reported value: 40-50% AUM growth. No comparable prior figure is available in the source record. and similar branch expansion over the next year, targeting leverage of 4x. Asset quality remains strong with GNPA sub-2%Current sub-2%. Reported change: flat vs industry ~3%. (industry ~3%). Key risk: elevated cost of funds (15% vs industry 11-12%) may persist until credit rating improves and leverage normalizes.