Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23.06 | 23.64 | 23.35 | 28.43 | 31.90 | 39.87 | 40.28 | 39.88 | 48.05 | 51.96 | 67.33 | 75.10 |
| Interest | 1.17 | 1.65 | 1.78 | 2.49 | 3.90 | 4.33 | 5.62 | 7.08 | 8.36 | 13.60 | 19.89 | 26.72 |
| Expenses | 16.30 | 15.31 | 15.04 | 20.04 | 23.41 | 27.54 | 29.06 | 25.38 | 31.64 | 28.34 | 37.57 | 36.76 |
| Financing Profit | 5.59 | 6.68 | 6.53 | 5.90 | 4.59 | 8.00 | 5.60 | 7.42 | 8.05 | 10.02 | 9.87 | 11.62 |
| Financing Margin % | 24.24% | 28.26% | 27.97% | 20.75% | 14.39% | 20.07% | 13.90% | 18.61% | 16.75% | 19.28% | 14.66% | 15.47% |
| Other Income | 0.04 | 0.07 | 0.08 | 0.08 | 0.23 | 0.13 | 0.14 | 0.16 | 0.09 | 0.51 | 1.89 | 0.72 |
| Depreciation | 0.12 | 0.12 | 0.12 | 0.08 | 0.16 | 0.32 | 0.50 | 0.75 | 0.75 | 0.59 | 1.34 | 1.13 |
| Profit before tax | 5.51 | 6.63 | 6.49 | 5.90 | 4.66 | 7.81 | 5.24 | 6.83 | 7.39 | 9.94 | 10.42 | 11.21 |
| Tax % | 20.87% | 25.79% | 24.65% | 25.59% | 25.54% | 27.91% | 25.38% | 25.48% | 19.89% | 29.88% | 22.84% | 24.71% |
| Net Profit | 4.36 | 4.91 | 4.89 | 4.39 | 3.47 | 5.64 | 3.91 | 5.09 | 5.92 | 6.98 | 8.04 | 8.44 |
| EPS in Rs | 0.34 | 0.39 | 0.39 | 0.35 | 0.27 | 0.44 | 0.31 | 0.36 | 0.42 | 0.50 | 0.57 | 0.60 |
| Gross NPA % | ||||||||||||
| Net NPA % |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9 | 10 | 12 | 15 | 16 | 20 | 44 | 50 | 90 | 141 | 208 | 242 |
| Interest | 8 | 9 | 8 | 12 | 8 | 7 | 3 | 5 | 6 | 17 | 50 | 69 |
| Expenses | 0 | 0 | 2 | 2 | 3 | 7 | 13 | 26 | 62 | 99 | 122 | 134 |
| Financing Profit | 1 | 1 | 3 | 1 | 5 | 6 | 27 | 20 | 22 | 25 | 36 | 40 |
| Financing Margin % | 9% | 8% | 21% | 8% | 33% | 31% | 63% | 39% | 24% | 17% | 17% | 16% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 4 |
| Profit before tax | 1 | 1 | 3 | 1 | 5 | 6 | 27 | 20 | 21 | 24 | 35 | 39 |
| Tax % | 30% | 32% | 32% | 33% | 25% | 26% | 20% | 27% | 24% | 26% | 25% | |
| Net Profit | 1 | 1 | 2 | 1 | 4 | 5 | 22 | 14 | 16 | 17 | 26 | 29 |
| EPS in Rs | 0.05 | 0.06 | 0.19 | 0.08 | 0.32 | 0.36 | 1.70 | 1.13 | 1.27 | 1.37 | 1.86 | 2.09 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 36% | 59% | 60% | 60% | ||
| Compounded Profit Growth | 48% | 42% | 22% | 62% | ||
| Stock Price CAGR | 13% | 8% | -1% | -31% | ||
| Return on Equity | 7% | 8% | 9% | 9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 13 | 13 | 13 | 13 | 13 | 13 | 14 |
| Reserves | 1 | 1 | 2 | 4 | 4 | 119 | 123 | 145 | 160 | 176 | 194 | 331 |
| Borrowing | 30 | 72 | 75 | 110 | 93 | 73 | 76 | 24 | 52 | 75 | 241 | 847 |
| Other Liabilities | 0 | 1 | 7 | 3 | 0 | 1 | 3 | 4 | 10 | 20 | 29 | 41 |
| Total Liabilities | 41 | 83 | 93 | 127 | 107 | 206 | 215 | 186 | 235 | 284 | 477 | 1,233 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 8 | 27 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 0 |
| Investments | 10 | 10 | 10 | 10 | 10 | 11 | 13 | 5 | 4 | 3 | 5 | 7 |
| Other Assets | 31 | 73 | 83 | 117 | 97 | 195 | 202 | 180 | 229 | 279 | 456 | 1,199 |
| Total Assets | 41 | 83 | 93 | 127 | 107 | 206 | 215 | 186 | 235 | 284 | 477 | 1,233 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -24 | -33 | 8 | -30 | 30 | -84 | 6 | 29 | -20 | -7 | -134 | -566 |
| Cash from Investing Activity | -0 | -0 | -0 | -0 | -0 | -1 | -1 | 28 | -1 | -6 | -5 | -7 |
| Cash from Financing Activity | 25 | 33 | -6 | 28 | -29 | 85 | -4 | -56 | 23 | 18 | 145 | 659 |
| Net Cash Flow | 1 | 0 | 2 | -3 | 1 | -0 | 1 | 1 | 2 | 4 | 7 | 87 |
| Free Cash Flow | -24 | -33 | 8 | -30 | 30 | -84 | 6 | 28 | -21 | -14 | -138 | -572 |
| CFO/OP | -1,357% | -349% | 89% | -276% | 234% | -622% | 63% | 115% | -66% | -12% | -307% | -649% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 1% | 5% | 5% | 14% | 6% | 6% | 3% | 3% | 9% | 9% | 9% | 9% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 54.60% | 54.60% | 58.99% | 58.99% | 58.99% | 61.70% | 62.07% | 62.07% | 56.26% | 56.24% | 56.24% | 56.21% |
| FIIs | 5.84% | 5.84% | 5.84% | 5.84% | 5.84% | 5.84% | 5.89% | 6.61% | 6.71% | 6.70% | 7.02% | 7.30% |
| Public | 39.56% | 39.55% | 35.17% | 35.17% | 35.16% | 32.45% | 32.05% | 31.32% | 37.04% | 37.05% | 36.74% | 36.49% |
| No. of Shareholders | 1,399 | 1,881 | 2,299 | 2,102 | 1,883 | 2,744 | 2,888 | 2,724 | 2,788 | 2,976 | 3,356 | 3,433 |
Fundamentals
Market Cap₹ 984 Cr.
Current Price₹ 69.4
Stock P/E33.5
Book Value₹ 24.6
ROCE10.3 %
ROE9.44 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)60%
Compounded Profit Growth (TTM)62%
Standalone figures.
Valuation
Market capRs 988 Cr
Enterprise valueRs 1,733 Cr
P/E (TTM)33.62x
Price to book2.86x
Price to sales4.07x
EV / EBITDA15.56x
EV / EBIT16.11x
EV / sales7.15x
Earnings yield2.97%
P/E, 3-year average48.85x
P/B, 3-year average4.05x
P/E, 5-year average48.84x
P/B, 5-year average4.43x
Profitability
Operating margin (excl. other income)41.35%
Operating margin (incl. other income)42.23%
EBITDA margin45.92%
Pre-tax margin16.07%
Net profit margin12.12%
Net margin, latest quarter11.24%
ROE9.44%
ROCE10.30%
ROA3.04%
ROE, 3-year average9.05%
ROCE, 3-year average10.97%
ROA, 3-year average4.61%
ROE, 5-year average10.10%
ROCE, 5-year average12.09%
ROA, 5-year average6.28%
ROIC (approx.)7.42%
Tax rate24.77%
Other income / net worth0.53%
Growth
Sales growth (latest year)47.59%
Profit growth (latest year)49.51%
Sales CAGR, 3 years60.31%
Sales CAGR, 5 years59.03%
Profit CAGR, 3 years22.04%
Profit CAGR, 5 years41.99%
Sales growth QoQ11.54%
Profit growth QoQ4.98%
Sales growth YoY (latest quarter)88.31%
Profit growth YoY (latest quarter)65.82%
Per share
EPS (TTM)Rs 2.10
EPS (latest year)Rs 1.86
EPS (latest quarter)Rs 0.60
EPS, 3-year averageRs 1.50
EPS, 5-year averageRs 1.47
Book value per shareRs 24.63
Sales per shareRs 17.31
Cash flow per shareRs -40.42
Free cash flow per shareRs -40.84
Efficiency
Asset turnover0.17x
Fixed asset turnover7.84x
Leverage
Total debtRs 847 Cr
Cash and bankRs 102 Cr
Net debtRs 745 Cr
Debt to equity2.46x
Net debt / EBITDA6.69x
Interest coverage1.57x
Owners' fund to total sources27.97%
Debt to assets68.70%
Cash flow
Cash from Operating Activity (latest year)Rs -566 Cr
Cash from Investing Activity (latest year)Rs -7 Cr
Cash from Financing Activity (latest year)Rs 659 Cr
Net Cash Flow (latest year)Rs 87 Cr
Free cash flow (latest year)Rs -572 Cr
FCFE (approx.: FCF + change in debt)Rs 34 Cr
Cash from ops / profit, 5 years-7.35x
Statement figures
Net sales (TTM)Rs 242 Cr
Net sales (latest year)Rs 208 Cr
Sales (latest quarter)Rs 75 Cr
Operating profit excl. other income (latest year)Rs 86 Cr
Operating profit (latest quarter)Rs 38 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 111 Cr
PBDT (TTM)Rs 43 Cr
Profit before tax (TTM)Rs 39 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs 29 Cr
Net profit (latest year)Rs 26 Cr
Net profit (latest quarter)Rs 8 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 69 Cr
Cost of goods sold (latest year)Rs 70 Cr
Total expenditure (latest year)Rs 122 Cr
Total income (latest year)Rs 210 Cr
Share capitalRs 14 Cr
ReservesRs 331 Cr
Shareholders' fundsRs 345 Cr
Total assetsRs 1,233 Cr
Net blockRs 27 Cr
InvestmentsRs 7 Cr
Other liabilitiesRs 41 Cr
Shares outstanding (crore)14.01
Ownership
Promoter holding56.21% (-5.86 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 33.6 is at the 6th percentile of its own 6.9-year range
(median 81.1, low 32.2, high 399.0).
P/B 2.86 is at the 3th percentile (median 6.68).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | FINKURVE | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.5% | -2.8% | +3.3 pts |
| 1 month | +4.1% | -6.8% | +10.9 pts |
| 3 months | +7.3% | -7.6% | +14.9 pts |
| 6 months | +38.1% | +0.4% | +37.7 pts |
| 3 years | -1.9% | +14.2% | -16.1 pts |
| 5 years | +51.8% | +27.9% | +23.9 pts |
Red flags
F-score 2 of 8| explain | Weak cash conversion Cash from operations was -1188% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 48% of total assets in 2026 |
| look | Share dilution Share count up 10% in a year, 10% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Revenue ₹75 Cr +88.3% vs Jun 2025.
Net profit ₹8 Cr +65.8%.
Against our estimate for Jun 2026: sales +26.6%, profit +13.4% beat. Our estimate for Sep 2026: sales Rs 77 Cr, profit Rs 9 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Bajaj Finance Ltd | 606,283 | 29.6 | 10.9 % |
| Shriram Finance Ltd | 228,598 | 20.2 | 11.5 % |
| Tata Capital Ltd | 140,654 | 25.9 | 8.58 % |
| Cholamandalam Investment & Finance Company Ltd | 139,031 | 24.2 | 9.71 % |
| Muthoot Finance Ltd | 109,874 | 9.66 | 15.8 % |
| L&T Finance Ltd | 67,935 | 21.2 | 8.40 % |
| SBI Cards & Payment Services Ltd | 55,290 | 24.3 | 10.1 % |
| HDB Financial Services Ltd | 52,415 | 19.0 | 9.09 % |
| Sundaram Finance Ltd | 48,161 | 21.2 | 9.44 % |
| Authum Investment & Infrastructure Ltd | 46,011 | 22.0 | 13.6 % |
| Mahindra & Mahindra Financial Services Ltd | 45,035 | 13.5 | 8.72 % |
| Poonawalla Fincorp Ltd | 39,011 | 49.6 | 7.51 % |
| Manappuram Finance Ltd | 29,725 | 20.5 | 8.25 % |
| IIFL Finance Ltd | 25,929 | 12.3 | 10.9 % |
| Capri Global Capital Ltd | 23,756 | 21.1 | 11.7 % |
No bulk or block deals on record.
No corporate actions on record.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 150perc in previous 12 months
Quick answers
What is the market cap of Finkurve Financial Services Ltd?
Finkurve Financial Services Ltd (FINKURVE) has a market capitalisation of Rs 984 Cr. at the 2026-10-01 close.
What is the P/E ratio of Finkurve Financial Services Ltd?
Finkurve Financial Services Ltd trades at a P/E of 33.5 on trailing twelve-month profit, at the 2026-10-01 close.
What were Finkurve Financial Services Ltd's latest quarterly results?
In the Jun 2026 quarter, Finkurve Financial Services Ltd revenue was Rs 75 Cr (+88.3% vs Jun 2025) and net profit was Rs 8 Cr.
What is the 52-week high and low of Finkurve Financial Services Ltd?
The 52-week high is Rs 134.90 and the 52-week low is Rs 48.02.