Finkurve Financial Services Ltd. · NSE:FINKURVE
Finkurve Financial Services — Investor Presentation (August 2026)
37 slides from Finkurve Financial Services's investor presentation, Aug 13, 2026
Slide 1: Exchange filing cover letter for investor meet presentation
August 13, 2026 To, To, Listing Department The Manager – Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, ‘Exchange Plaza’ Bandra Kurla Complex, Mumbai – 400 001 Bandra (East) Mumbai 400051 Scrip Code: 508954 NSE Symbol: FINKURVE Dea
Slide 2: Investor Deck – June'26 (Q1 FY27)
Investor Deck –June’26 (Q1 FY27) NBFC License No. 13.00316 Website - www.arvog.com
Slide 3: Augmont Group: Leading Pioneers Of Gold In India
Augmont Group: Leading Pioneers Of Gold In India Scale Of Operations: Among The Largest One Of India’s Largest Gold & Silver SPOT Platform 4 Cr+ 210+ Traded: ~53 Tonnes Of Gold & Customers Partners 1,049 Tonnes Of Silver In FY26 118 900+ Gold For All Centers People Employed Among India’s Leading Gol
Slide 4: Augmont's Journey So Far
Augmont’s Unlisted - AUGMONT ENTERPRISES LTD Gold Refinery & Digital Platform For Gold Journey So Far Products Turnover (FY26): INR 94,186 Cr Listed - FINKURVE FINANCIAL SERVICES LTD Tech Enabled NBFC AUM (Q1 FY27): INR 1,271 Cr 2002 2003 2008 2012 2013 2019 2020 2021 2023 2024 2025 2026 Paper Gold
Slide 5: Vision & Mission
Vision & Mission VISION MISSION Becoming India's Most Trusted Technology-led Gold Lending Institution. Delivering Fast, Secure & Responsible Credit Solutions To redefine secured retail lending by combining technology, deep gold expertise and responsible lending practices, making formal Committed to
Slide 6: Entire Gold Ecosystem Under One Roof
We Brings The Entire Gold Ecosystem Under One Roof Making Gold Loans A Cornerstone Of Its End-to-end Gold Offering.
Slide 7: Performance Highlights
Performance Highlights In Rs. crore Metric Q1FY27 Q1FY26 YoY Q4FY26 QoQ Assets Under Management* 1,270.4 541.8 ▲134.5% 1,096.1 ▲15.9% Gold Kgs under management 1,167.5 796.2 ▲46.6% 1,076.2 ▲8.5% Branches 118 83 ▲42.2% 105 ▲12.4% Active Customers (GL) 31,522 19,516 ▲61.5% 28,506 ▲10.6% Leverage 2.88
Slide 8: Strategic Foundation
Strategic Foundation Technology-Led Gold Ecosystem Strength Operating Platform & Promoter Legacy • Proprietary Loan Origination & Management • 100-year leadership in India’s gold industry, System including the first Gold ETF filing • Built in RBI compliant controls and audit trails • India’s leading
Slide 9: What sets Finkurve Apart?
What sets Finkurve Apart? Built on India's Purpose-built Scalable Capital & Proven Execution Largest Gold Ecosystem Gold Intelligence Platform Governance Platform • 100+ years of family legacy in gold • Proprietary Loan Origination & • Strong governance framework • 25+ years of institutional bullion
Slide 10: Promoter Group Legacy
Promoter Group Legacy Over 25+ year of gold industry experience 25 • Build flagship brand “Augmont” over the past 2 and a half decade • Filed worlds first Gold ETF with SEBI • Expanded into India’s largest digital gold platform serving 37+ mn customers India’s lending digital gold ecosystem • Refine
Slide 11: Promoter & Board of Directors
Promoter & Board of Directors Ketan Kothari Priyank Kothari Nishant Himadri Promoter – Director Director Ranka Bhattacharya • CA with over 18 years of • Portfolio and risk • MBA from Nottingham experience in management expert with University, UK • Masters in Entrepreneurship, Innovation and Enterpri
Slide 12: Key Managerial Personnel
Key Managerial Personnel Naveen Kottala, Aakash Jain, Kajal Parmar, CEO: CFO: CS: • 15+ years of experience in gold • 12+ years of experience across • ~5 years of experience in Advisory Board loan and MSME lending finance, investment banking and corporate advisory secretarial and regulatory • Expert
Slide 13: Arvog: Journey So Far
Arvog: Journey So Far FY26 INR 111.5 cr raised through From Legacy Leasing To on NSE-listed Retail Financial Force FY25 preferential Partnered issue of equity FY23-24 shares FY22 with RBL Bank Divested Shifted focus for co- Listed on NSE from Arvog on retail loan lending of book and gold loans Trans
Slide 14: Operates within India's Integrated Gold Ecosystem
Operates within India’s Integrated Gold Ecosystem Augmont’s Integrated Gold Ecosystem WIDE ECOSYSTEM REACH Augmont’s deep presence across the gold value chain connects Gold Refining Bullion Digital Gold with millions of customers and Jewellery Import Distribution Gold ETF partners at multiple touchp
Slide 15: From Traditional Gold Lender to Integrated Gold Platform
From Traditional Gold Lender to Integrated Gold Platform Why Finkurve is Structurally Different from Conventional Gold Loan NBFCs Traditional Gold Loan NBFC Finkurve Financial Services Business Model Operates primarily as lender Integrated participant across gold ecosystem Customer Acquisition Origi
Slide 16: India's Gold Economy is Creating a Multi-Decade Lending Opportunity
India's Gold Economy is Creating a Multi-Decade Lending Opportunity India's Vast Gold Wealth Continues to Unlock a Rapidly Expanding Lending Opportunity Growth Drivers Household Gold Wealth Rs. 394 Lakh Cr Penetration Expansion Shift Towards Organized Lending ▼ Only a small portion of household ~60%
Slide 17: Shifting focus to Retail Gold Loans
Shifting focus to Retail Gold Loans A decisive strategic transformation moving away from corporate lending toward a retail-first gold loan model that now dominates the loan book. Gold Loan % Corporate Loans Strategic Shift Legacy focus — high-value, A deliberate pivot toward 91% 91% 93% 95% 96% 89%
Slide 18: Key Offerings with Retail Focus
Key Offerings with Retail Focus A dual-engine lending strategy combining the security of physical collateral with the agility of cash-flow underwriting. SECURED UNSECURED Asset-Backed Secured Credit Cash-Flow Based Credit Gold loans secured against physical gold collateral, with loan amounts determi
Slide 19: Gold Loan Strengths
Gold Loan Strengths STRONG CENTRALIZED SYSTEM LOWEST FRAUD LEVELS DUAL-CHECKING MECHANISM All branches operate on a centralized Continuous video monitoring and in-person Maker checker framework ensures that every platform with real-time tracking of loans, verification reduce unauthorized access and
Slide 20: Pan India Presence
Pan India Presence Arvog Gold Loan Branches & Avg. GL AUM (Rs. Cr) Gold Loan states & No of Touchpoints 118 105 118 Branches Digital presence 73 60 9.9 10.3 31 57 Telangana 17 5.3 41 Andhra Pradesh 13 3 2.8 3.2 Karnataka 07 Tamil Nadu FY22 FY23 FY24 FY25 FY26 Q1FY27 Branch Avg Gold loan AUM
Slide 21: Expansion Strategy
Expansion Strategy Branch Expansion: • Cluster-led expansion in high gold-ownership Tier-2/3 markets to drive repeat borrowing, operating leverage, and predictable AUM growth. • Expand branches in regions with high household gold holdings to drive secured credit growth. • Enter underbanked locations
Slide 22: Lenders Profile
Lenders Profile NBFCs Banks Co-lending of Gold Loans AIF
Slide 23: Co-Lending Partnership With Godrej
Co-Lending Partnership With Godrej Company has entered a strategic co-lending partnership with Godrej Finance to jointly offer gold loan products under the Reserve Bank of India’s co-lending framework. The co-lending model enables Arvog to scale its gold loan portfolio efficiently, enhancing capital
Slide 24: Funding Mix & Cost of Borrowing
Funding Mix & Cost of Borrowing Funding Mix Cost of borrowing (%) 13.8% 11.5 11.2 11.1 10.2 37.6% 48.6% FY24 FY25 FY26 Q1 FY27 Term Loans NCD OD/WCDL/ICDs Diversified borrowing mix driving reduction in average cost of funds, ensuring a stable, quality funding base
Slide 25: Overall Portfolio Analysis - Quarterly
Overall Portfolio Analysis - Quarterly Total AUM (INR cr) Collection Efficiency 14 10 14 21 38 92.3% 93.5% 94.9% 97.9% 98.0% 1,270 1,096 833 671 542 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Off book AUM included in the over all AUM GNPA (%) NNPA (%) 1.1% 0.9% 0.5% 0.5% 0
Slide 26: AUM Breakup
AUM Breakup AUM Breakup (Including off book) AUM Composition (%) 9 2.9% 2.2% 1.6% 1.0% 0.8% 42 6.7% 3.8% 3.3% 5.6% 4.9% 11 42 14 41 14 45 1,219 93.4% 95.2% 95.9% 16 91.5% 91.1% 30 1,043 778 612 496 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Other Personal Loan Gold Loan Ot
Slide 27: Segment Wise Loan Yields
Segment Wise Loan Yields Interest Income (in Crs) Interest Income Composition (%) 0.1 1.5% 1.2% 1.0% 0.7% 0.2% 0.5 18.2 24.4% 28.1% 30.1% 40.4% 0.5 19.9 45.3% 0.6 0.6 14.4 19.3 17.8 56.4 70.9% 75.4% 69.2% 45.8 58.4% 36.3 53.3% 27.9 21.0 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26
Slide 28: Gold Loan Analysis - Quarterly
Gold Loan Analysis - Quarterly Gold Loan Gold Holdings (Kg) 1400 22% 1,167 20.9% 1200 20.1% 1,076 20.1% 20.0% 1000 971 20% 19.0% 800 889 600 796 18% 400 200 496 612 778 1,043 1,219 0 16% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 GL (incl Off book) Yield on Avg book Averag
Slide 29: Key Ratios
Key Ratios Capital Adequacy Return on Average Equity 57.3% 9.4% 9.7% 8.1% 8.4% 47.1% 7.3% 39.1% 31.0% 26.6% Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1FY27 Return on Average Loan Asset Debt to Equity (x) 4.2% 3.9% 3.7% 2.88 3.3% 2.9% 2.42 1.67 1.15 0.73 Q1 FY26 Q2 FY26
Slide 30: Profit & Loss Statement – Q1 FY27
Profit & Loss Statement – Q1 FY27 Particulars (INR cr) Q1 FY27 Q4 FY26 QoQ (%) Q1 FY26 YoY (%) Revenue From Operations Interest Income 74.79 66.08 26.60 Fees And Commission Income 0.06 0.16 13.24 Net Gain On Fair Value Changes 0.26 1.09 0.05 Total Revenue From Operations 75.10 67.33 11.54% 39.88 88.
Slide 31: Profit & Loss Statement – Annual
Profit & Loss Statement – Annual Particulars (INR Cr) FY26 FY25 YOY (%) Revenue From Operations Interest Income 204.35 134.72 Fees And Commission Income 1.02 4.06 Net Gain On Fair Value Changes 1.85 1.73 Total Revenue From Operations 207.22 140.51 47.48% Other Income 2.65 0.58 Total Income 209.86 14
Slide 32: Balance Sheet as on 31st March 2026
Balance Sheet as on 31st March 2026 As On 31st As On 31st As On 31st As On 31st Liabilities (INR Cr) Assets (INR Cr) Mar’26 Mar’25 Mar’26 Mar’25 Financial Liabilities Financial Assets Total O/S Dues Of Micro Cash And Cash Equivalents 102.12 15.45 13.50 10.05 Enterprises And Small Enterprises Total O
Slide 33: CSR
CSR As part of our ongoing CSR initiatives, we conducted a distribution program at Balasadan in Kamareddy. District Child Protection Officer Smt. Sravanthi and Child Welfare Committee member Smt. Swarnalatha distributed laptops and school bags to the children, reinforcing our continued commitment to
Slide 34: CSR
CSR As part of our CSR initiative, we had the privilege of distributing laptops and school bags to children at Adarsha Foundation for Boys and Girls, Hyderabad, contributing to their educational journey and empowering them with essential learning resources.
Slide 35: CSR
CSR Nizamabad District Collector Smt. Ila Tripathi distributed laptops and school bags to children of Manavatha Sadan orphanage. This initiative was carried out as part of a CSR program. The support will help enhance their learning opportunities. A meaningful step towards empowering underprivileged
Slide 36: Stakeholders as on 30th June 2026
Stakeholders as on 30th June 2026 Shareholding (%) BSE Ticker 508954 30.6% NSE Symbol FINKURVE No. of Shares outstanding 14,01,43,988 56.2% No. of Shareholders 3,500+ 13.2% No. of Bondholders 24,000+ Non Banking Industry Financial Promoters Group (Ketan Kothari & Others) Company Thomas John Muthoot
Slide 37: Thank You!
Thank You! For more information please contact: Adfactors PR – Investor Relations Finkurve Financial Services Ltd. Mr. Smit Shah / Ms. Forum Goshar Mr. Aakash Jain Email id – Email id – smit.shah@adfactorspr.com / investorrelations@arvog.com forum.goshar@adfactorspr.com
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