Finkurve financial services shifts focus to gold loans

Finkurve Financial Services Limited, an Arvog Group company, has disclosed its strategy to transition from corporate loans to a granular, secured retail lending model, primarily emphasizing gold loans. This shift has resulted in gold loans now constituting approximately 89% of its assets under management (AUM). The company reported total AUM of INR 541.78 crore in Q1 FY26, with retail disbursements reaching INR 796.61 crore during the same period.

The company's financial performance highlights include a profit after tax of INR 5.09 crore in Q1 FY26, a 30.08% increase quarter-on-quarter. Finkurve also maintains a healthy capital adequacy of 57.3% in Q1 FY26 and a debt to equity ratio of 0.73. With 83 physical branches across four states, Finkurve aims to achieve a loan book of INR 10,000 crore by 2029, including INR 2,700 crore managed off-books.

Finkurve leverages technology for its gold loan process, ensuring fast disbursals averaging 25 minutes. The company utilizes a multi-channel strategy for customer acquisition and a layered maker-checker-approver structure for risk mitigation and compliance. The average gold loan ticket size is INR 1,31,034 with a tenure of up to 12 months.