Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 Sep
Source: Bse
Finkurve Financial Services Limited (FINKURVE)
Small CapFinancial Services stocks · Small cap · NSE
Finkurve Financial Services Limited operates in Finance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result13 Aug, 12:29 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens
Trend score and candlestick chart
30Bearishfull bear SMA stack · SMA20 -5.5% / mo · MACD −
Stock trend: 21
Sector RS: 44
Sector 3M: -5.8% vs Nifty 500 -5.6%
Financial Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
FINKURVED candles · FIT view-1.1%Latest close ₹68.05 on 2026-10-19
Bar
-0.1%
RSI
46
MACD hist
-0.10
52W pos
26%
2026-10-19O ₹68.15H ₹69.30L ₹67.30C ₹68.05Vol 5,443 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
FINKURVENifty Financial ServicesNifty 500
- FINKURVE
- +8.2%
- Nifty 500
- -5.6%
- Nifty Financial Services
- -6.0%
- Vs Nifty 500
- +13.7 pp
Chart stats
19 Oct 2026- From 52W high
- -48.9%
- 52W range position
- 24%
- ATR (14)
- 4.9%
- Volume vs 20D
- 0.19x
- Avg traded value
- ₹0.2 Cr
- 20D price channel
- ₹65.9 - ₹73.7
₹133.1
₹48 - ₹133.1
₹3.3
Latest completed session
20-session average
27.1% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED20
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent80
Revenue +88.3% · PAT +65.8% YoY
Technical
Bearish30
Price trend and sector-relative-strength timing.
Valuation
Legacy model-27.7%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence79
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 80/100Rev +88% YoY · PAT +66% YoY · +12% QoQ
Filed 13 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹75.1 Cr | +88.3% | +11.5% |
| EBITDA | NDF | NDF | NDF |
| Operating margin | NDF | NDF | NDF |
| PAT | ₹8.4 Cr | +65.8% | +5.0% |
| PAT margin | 11.2% | -152 bps | -70 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 32.70
- P/B
- 2.78
- EV/EBITDA
- 451.75
- Market Cap
- 960.00Cr
Profitability
- ROE
- 9.44%
- ROCE
- 10.30%
- ROA
- 2.35%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 59.00%
- EPS 5Y
- 42.00%
- Revenue 3Y
- 60.00%
- EPS 3Y
- 22.00%
Balance Sheet
- Debt/Equity
- 2.46
- Interest Coverage
- —
- Altman Z
- 1.13
- Book Value
- 24.60
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 4/5
- OCF
- -566.00 Cr
- EPS TTM
- 2.09
Shareholding
- Promoter Hold
- 56.21%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 24%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 75.1+11.5% vs prev
Net Profit
₹ CrLatest: 8.4+5.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 46.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~5.8% over last month) — short-term momentum negative.
- RSI(14) at 46 — falling, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 46% off 52W high · 42% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
29
RS percentile
Stage 1 Base / Transition
1M return
-6.9%
3M return
+8.2%
6M return
-6.5%
1Y return
-41.3%
RS 1D
-1
RS 20D
-46
Sector rank
#10
Industry rank
#67
Stage evidence
- Price is within 2.5% of the 30-week proxy.
- The 30-week proxy changed +0.3% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
weakening
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
259 observations
19 Oct 2026Value 62.06+0.37%
RS vs Nifty 50062
Valuation & peers
U-Score 20 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 20 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Distress Watch
Fundamental score breakdown
U band · OVERVALUEDValuation0/30
Growth15/25
Quality1/20
Balance Sheet0/15
Cash Flow3/10
Piotroski
3/9 (+1)
Penalties
0
Raw sum
20
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
20/100 · legacy band OVERVALUED
Positive drivers
- Growth contributes 15/25 to the score.
- Cash flow contributes 3/10 to the score.
- Quality contributes 1/20 to the score.
Main drags
- Altman Z is 1.1, in distress territory.
- Fair-value margin of safety is negative at -27.7%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
NBFC valuation: P/B, ROA, borrowing cost, and asset quality
Lenders can look optically cheap before credit losses emerge, so valuation is tied to book quality.
Primary lens
P/B adjusted for ROA/ROE and leverage quality.
Secondary checks
AUM growth, spreads, credit cost, liquidity and ALM risk.
Main risk check
Fast growth with weak asset quality deserves a discount.
PE
32.7
PB
2.8
EV/EBITDA
451.8
ROE
9.4%
ROCE
10.3%
FCF Yield
—
Debt/Equity
2.5
MoS
-27.7%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
20
Previous: 20
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-27.7%
Previous: -27.7%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
20
20
20
20
20
20
20
20
20
20
20
20
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹34.01
-100.1% MoS
Growth-justified P/E
25.5
Growth-justified Value
₹53.29
-27.7% MoS
PEG
0.96
Comparable companies
Peers
Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
CIFL
Small
Capital India Finance Limited
NBFC
match 170
10
—
-8.6%
-244%
OVERVALUED
BAIDFIN
Small
Baid Finserv Limited
NBFC
match 162
42
11.0
7.3%
+62%
WATCHLIST
DCMFINSERV
Small
DCM Financial Services Limited
NBFC
match 162
15
—
—
—
OVERVALUED
CPCAP
Small
CP Capital Limited
NBFC
match 162
60
6.4
7.6%
+75%
UNDERVALUED
HYBRIDFIN
Small
Hybrid Financial Services Limited
NBFC
match 160
50
20.1
6.5%
+27%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Finkurve Financial Services Limited operates in Finance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
79Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 88th percentile of the scored universe and 92nd percentile within Financial Services. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
18 docs text-extracted · 4 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
88th percentile
overall median 67 · Financial Services: 92nd pctile, median 62 · Small: 90th pctile, median 66
Evidence depth
Financial-only
18 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 56.2%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 4.7%.
- ▸5 years of positive FCF.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Finkurve Financial Services Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Sep - Pursuant to regulation 47 of SEBI (LODR) Regulation, 2015, find enclosed the Newspaper Advertisement of the Notice of 42nd AGM and communication regarding dispatch to …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Sep - Enclosed herewith is a copy of the Newspaper Publication
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.