Finkurve Financial Services Earnings Call Transcript: Key Takeaways
Management claims record profitability and AUM up ~95% YoY, but analyst-cited QoQ AUM growth was ~3%. Collection efficiency fell from ~98% to ~90%, with NPAs rising.
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Management claims record profitability and AUM up ~95% YoY, but analyst-cited QoQ AUM growth was ~3%. Collection efficiency fell from ~98% to ~90%, with NPAs rising.
Q2FY27 AUM ₹1,311.5 Cr (+95.4% YoY), PAT ₹9.6 Cr (+62.2% YoY), gold loans 95.6% of AUM. Asset quality deteriorated sharply, with NNPA at 2.37%.
Finkurve (Augmont Group) is aggressively scaling its gold loan franchise through branch expansion, reporting 135% AUM growth. However, rising leverage and sub-3% ROA highlight execution risks as competition from banks intensifies.
Finkurve (Arvog) reported strong Q1 FY27 results, completing its transition to a 96% retail gold loan-focused NBFC. Total income surged ~89% YoY to ₹75.8 Cr with PAT up ~66% YoY.
Finkurve Financial (Arvog) reported strong Q4 FY26 performance, crossing ₹1,000cr AUM and transitioning to a middle-layer NBFC. Strategy focuses on technology-enabled gold loans and co-lending partnerships.
Finkurve (Arvog) transitioned to a retail-first gold loan model, with AUM surpassing ₹1,000 Cr in Q4FY26. Strategy focuses on tech-led Tier 2/3 expansion.
Arvog transitioned to a retail gold loan focus, achieving a major milestone of ₹1,096 Cr AUM in Q4FY26, representing nearly 10x growth since FY23.