FFFinkurve Financial Services508954Quarterly results

Q2 FY27 release: AUM up 95.4% YoY to INR 1,312 Cr, PAT up 62.2%, gross NPA 2.63%

Q2 FY27 press release: AUM up 95.4% YoY to INR 1,312 Cr (incl. off-book INR 78 Cr); total income INR 90 Cr, up 87.8%; PAT up 62.2% YoY.

By ScoutQuest · Thu 5 Nov 2026, 7:55 PM IST · 2 min read

AUM

up 95.4% YoY to INR 1,312 Cr (incl. off-book INR 78 Cr)

Total income

INR 90 Cr, up 87.8%

PAT / Asset quality

PAT up 62.2% YoY; Gross NPA 2.63%, Net NPA 2.37%, capital adequacy 28.74%

The company issued a press release alongside its un-audited results for the quarter and half year ended September 30, 2026. The headline numbers show strong year-on-year growth in loans outstanding and profit, while a few ratios moved in the other direction.

Business scale-up

• Assets under management (AUM) rose 95.4% YoY to INR 1,312 Cr from INR 671 Cr, including off-book AUM of INR 78 Cr.
• Branch network expanded to 122 from 92, a rise of 32.6%.
• Active gold loan customers stood at 33,019 as on 30 September 2026.
• Average gold loan per branch rose to INR 10.4 Cr from INR 6.6 Cr, up 58.0%.
• Co-lending contribution rose to 6% in Q2 FY27 from 1.6% in Q2 FY26.

Earnings

• Total income for Q2 FY27 was INR 90 Cr against INR 48 Cr, up 87.8%.
• Profit before tax INR 13 Cr against INR 7 Cr, up 75.3%; profit after tax INR 10 Cr against INR 6 Cr, up 62.2%. The management commentary refers to PAT of INR 9.6 Cr for the quarter.
• Basic EPS INR 0.68 against INR 0.42, up 61.9%.
• Half year FY27: total income INR 166 Cr against INR 88 Cr, up 88.5%; PAT INR 18 Cr against INR 11 Cr, up 63.9%; basic EPS INR 1.29 against INR 0.81.

Asset quality and capital

• Gross NPA 2.63% and Net NPA 2.37%.
• Capital adequacy ratio 28.74% in the highlights (28.7% in the metrics table), against 47.1% a year earlier.
• Return on average loan assets 3.0% against 3.9%; return on average equity 10.7% against 7.3%.
• Debt to equity ratio 2.53 against 1.14.

Other updates in the release

• The second tranche of NCD issuance with Franklin Templeton was completed, aggregating ₹50 crore, described as the company's first-ever AIF investment.
• Mr. Rajendran Chinna Veerappan was appointed as an Additional Director (Non-Executive, Non-Independent).
• Mr. Raju Shah was appointed Chief Risk Officer and Mr. Husain Pittalwala as Chief Compliance Officer.

What the management said

• The Executive Director, Mr. Priyank Kothari, described Q2 FY27 as another quarter of steady progress, pointing to branch additions and improving branch productivity.
• For the second half of FY27 the stated priorities are deepening presence in the gold loan market, strengthening the technology-led operating model and driving higher branch productivity.

Points a reader may want to track

• Growth in AUM and total income is broad-based year on year, and the branch count has increased from 92 to 122.
• Return on average loan assets has eased to 3.0% from 3.9%, and the debt to equity ratio has risen to 2.53 from 1.14, alongside a lower capital adequacy ratio than a year earlier.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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