FinKurve

Mumbai, India Founded: 1984 • Age: 42 yrs Listed
Financial technology services are delivered by the Mumbai-based association.

About FinKurve

FinKurve is a publicly listed company based in Mumbai (India) founded in 1984. Financial technology services are delivered by the Mumbai-based association. The company has 21 employees. Its chief executive, as recorded, is Amit Shroff. Its Indian entity Finkurve Financial Services Limited reported revenue of β‚Ή210 Cr. Its focus areas include Financial Services Industry Associations.

Company details

Finkurve Financial Services was established in 1984 in Mumbai, India. Operations are conducted within the financial technology sector, with a focus on core fintech services. The company is led by CEO Amit Shroff, alongside Ketan Kothari. Activities are centered on technology-driven financial solutions, serving clients primarily in the Indian market through its domain finkurve.com.

  • Headquarters Mumbai, India
  • Employees 21
  • Stage Public
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website finkurve.com
  • Social LinkedIn X Facebook
  • Legal Name Finkurve Financial Services Limited
  • Date of Incorporation 23 Mar, 1984
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Market Cap
    ₹970 Cr

    FINKURVE · NSE

  • Share Price
    ₹70.60

    +2.02% today

  • Revenue
    ₹56.78 Cr

    FY 2021-22 · +99.8% YoY

  • EBITDA
    ₹28.98 Cr

    Margin 51.0%

  • Net Profit
    ₹19.72 Cr

    FY 2021-22 · +331.5% YoY

  • P/E (TTM)
    72.9x

    P/B 9.1x

  • ROE
    13.3%

    ROCE 14.4%

  • Debt / Equity
    0.34

    Interest cover 13.3x

  • Employee Count
    21

Board of directors of Finkurve Financial Services Limited (FinKurve)

Finkurve Financial Services Limited is the primary company behind FinKurve. The board of Finkurve Financial Services Limited currently have 8 directors; the longest-serving is Ketan Bhawarlal Kothari, appointed in 2010. 21 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ketan Bhawarlal Kothari
DIN 00230725
Director10 Dec 201015 yrs 11 moFinkurve Financial Services Limited
Nishant Tolchand Ranka
DIN 06609705
Director07 Mar 20188 yrs 8 moFinkurve Financial Services Limited
Priyank Rakesh Kothari
DIN 07676104
Whole-time director17 May 20215 yrs 5 moFinkurve Financial Services Limited
Aastha Vishal Solanki
DIN 10667741
Director30 Jun 20242 yrs 4 moFinkurve Financial Services Limited
Himadri Bhattacharya
DIN 02331474
Director14 Nov 20241 yr 11 moFinkurve Financial Services Limited
Cavale Narayanarao Raghupathi
DIN 08846510
Director14 Nov 20241 yr 11 moFinkurve Financial Services Limited
Kajal Kunal Parmar
DIN 10598106
Company Secretary05 Jun 20251 yr 5 moFinkurve Financial Services Limited
Rajendran Chinna Veerappan
DIN 00460061
Additional Director24 Apr 20266 moFinkurve Financial Services Limited

People of FinKurve

2 people are tracked at FinKurve (2 in leadership); the tracked headcount is 21.

NameRoleGroup
Amit Shroff
CEOLeadership
Leadership
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IPO & Listings of FinKurve

FinKurve is a publicly listed company on the NSE with ticker symbol FINKURVE in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date31 Jul 1984
  • Listed onBSE: 508954
  • Listed entityFinkurve Financial Services Limited
  • Exchange sectorFinance

Financials of FinKurve

Exchange-reported figures of Finkurve Financial Services Limited, the listed company behind FinKurve (NSE: FINKURVE).

Financial Highlights

FY 2021-22 Β· Consolidated
Revenue
₹56.78 Cr
+99.8% YoY
EBITDA
₹28.98 Cr
+102.7% YoY
Profit After Tax
₹19.72 Cr
+331.5% YoY
Net Worth
₹158 Cr
+14.7% YoY
Total Assets
₹182 Cr
-16.3% YoY
Total Debt
₹24.01 Cr
-69.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Income statement
Revenue56.7828.4224.7617.59299327494
Revenue growth+99.8%+14.8%+40.8%-94.1%-8.5%-33.9%-
EBITDA28.9814.3014.0912.5510.5410.0510.46
EBITDA margin+51.0%+50.3%+56.9%+71.4%+3.5%+3.1%+2.1%
Profit before tax24.876.325.330.762.380.931.99
Net profit19.724.574.060.451.960.601.19
Net profit margin+34.7%+16.1%+16.4%+2.6%+0.7%+0.2%+0.2%
EPS (β‚Ή)1.550.360.320.050.200.060.12
Balance sheet
Total assets18221821011112991.2087.28
Net worth15813813315.5015.5313.5612.96
Total debt24.0177.5874.7093.4911174.9572.17
Cash & bank2.6314.8812.8311.053.785.134.00
Net working capital1.6910.2111.5112.8212487.8283.49
Cash flow
Cash from operations27.794.21(80.52)30.28(27.81)6.72(34.92)
Cash from investing20.13(0.42)(2.24)(0.37)(1.43)0.21(0.49)
Cash from financing(55.54)(4.40)85.04(29.04)27.89(5.79)32.95
ParticularsDec 2023Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021Dec 2020Sep 2020
Revenue23.6427.7410.2210.498.108.885.567.25
Revenue growth (YoY)-+212.4%+83.8%+44.7%+28.0%---
Other income0.070.240.150.020.20(0.09)0.530.19
EBITDA8.3321.150.144.073.063.490.985.05
EBITDA margin+35.2%+76.1%+1.4%+40.8%+37.8%+40.2%+17.8%+69.7%
Depreciation0.120.130.220.220.180.340.170.17
Interest1.650.520.591.760.551.601.851.79
Profit before tax6.6320.74(0.52)2.112.531.46(0.51)3.28
Tax1.713.730.170.570.670.52(0.08)0.79
Net profit4.9217.01(0.69)1.541.860.94(0.43)2.49
EPS (β‚Ή)0.391.34(0.05)0.120.150.07(0.04)0.20
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue20814190.2650.4943.6420.4516.31
Revenue growth+47.6%+56.2%+78.8%+15.7%+113.4%+25.4%-
EBITDA86.0241.5027.8624.8330.6413.1113.44
EBITDA margin+41.4%+29.4%+30.9%+49.2%+70.2%+64.1%+82.4%
Profit before tax34.6023.6121.2319.5927.056.075.34
Net profit26.0317.4016.0814.314.854.504.03
Net profit margin+12.5%+12.3%+17.8%+28.3%+11.1%+22.0%+24.7%
EPS (β‚Ή)1.861.371.271.131.700.360.32
Balance sheet
Total assets1,192447264224182212205
Net worth345206189172158136131
Total debt84724175.4051.6323.6676.2373.22
Cash & bank10215.458.664.462.631.940.54
Net working capital89.660.801.57(2.42)0.050.550.36
Cash flow
Cash from operations(566)(134)(7.06)(20.29)28.586.48(84.12)
Cash from investing(6.51)(4.58)(6.34)(0.90)27.65(1.19)(1.24)
Cash from financing65914517.5923.02(55.54)(3.90)85.30
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue89.9375.1067.3351.9648.0539.8840.2839.87
Revenue growth (YoY)+87.2%+88.3%+67.2%+30.3%+50.6%+40.3%--
Other income0.460.721.890.510.090.160.140.13
Total expenses45.6936.7637.5628.3431.5925.3729.0627.53
EBITDA44.2438.3429.7723.6216.4614.5111.2212.34
EBITDA margin+49.2%+51.1%+44.2%+45.5%+34.3%+36.4%+27.9%+31.0%
Depreciation1.171.131.340.590.750.750.500.32
Interest30.5726.7219.8913.608.427.085.624.33
Profit before tax12.9611.2110.439.947.386.845.247.82
Tax3.362.772.382.971.471.741.332.18

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
ParticularsDec 2023Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021Dec 2020Sep 2020
Revenue23.6427.7410.2210.498.108.885.567.25
Revenue growth (YoY)-+212.4%+83.8%+44.7%+28.0%---
Other income0.070.240.150.020.20(0.09)0.530.19
EBITDA8.3321.150.144.073.063.490.985.05
EBITDA margin+35.2%+76.1%+1.4%+40.8%+37.8%+40.2%+17.8%+69.7%
Depreciation0.120.130.220.220.180.340.170.17
Interest1.650.520.591.760.551.601.851.79
Profit before tax6.6320.74(0.52)2.112.531.46(0.51)3.28
Tax1.713.730.170.570.670.52(0.08)0.79
Net profit4.9217.01(0.69)1.541.860.94(0.43)2.49
EPS (β‚Ή)0.391.34(0.05)0.120.150.07(0.04)0.20
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Revenue56.7828.4224.7617.59299327494
Revenue growth+99.8%+14.8%+40.8%-94.1%-8.5%-33.9%-
Other income0.390.210.130.090.060.100.10
Total expenses27.8014.1210.675.04288317484
Employee cost5.152.974.401.961.451.010.78
EBITDA28.9814.3014.0912.5510.5410.0510.46
EBITDA margin+51.0%+50.3%+56.9%+71.4%+3.5%+3.1%+2.1%
Depreciation0.740.860.520.150.110.110.15
Interest3.767.338.3711.738.119.118.42
Profit before tax24.876.325.330.762.380.931.99
Tax5.141.791.260.290.860.290.66
Net profit19.724.574.060.451.960.601.19
Net profit margin+34.7%+16.1%+16.4%+2.6%+0.7%+0.2%+0.2%
EPS (β‚Ή)1.550.360.320.050.200.060.12
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Equity & liabilities
Share capital12.6912.6912.699.669.669.669.66
Reserves & surplus1451251215.845.873.903.30
Shareholders' funds (net worth)15813813315.5015.5313.5612.96
Minority interest0.002.192.242.232.212.192.15
Secured loans12.180.000.230.000.000.000.00
Unsecured loans11.8377.5874.4793.4911174.9572.17
Total debt24.0177.5874.7093.4911174.9572.17
Total liabilities18221821011112991.2087.28
Assets
Gross block1.233.432.510.701.571.341.14
Net block0.621.912.060.550.420.300.21
Capital work in progress0.000.000.000.000.000.000.00
Investments5.094.202.460.902.561.231.23
Inventories0.000.000.000.003.925.834.77
Sundry debtors0.000.782.310.861.591.231.46
Cash & bank balances2.6314.8812.8311.053.785.134.00
Loans & advances3.141.711.232.0811982.0174.44
Total current assets5.7717.3716.3713.9912894.2084.67
Total current liabilities4.087.164.861.173.776.381.18
Net working capital1.6910.2111.5112.8212487.8283.49
Total assets18221821011112991.2087.28
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Opening cash10.2410.858.577.705.134.006.47
Net cash from operating activities27.794.21(80.52)30.28(27.81)6.72(34.92)
Net cash from investing activities20.13(0.42)(2.24)(0.37)(1.43)0.21(0.49)
Net cash from financing activities(55.54)(4.40)85.04(29.04)27.89(5.79)32.95
Net change in cash(7.61)(0.61)2.280.87(1.35)1.13(2.47)
Closing cash2.6314.8812.8311.053.785.134.00
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Growth
Sales growth+99.8%+14.8%+40.8%-94.1%-8.5%-33.9%-
EBITDA growth+102.7%+1.5%+12.3%+19.1%+4.9%-3.9%-
PBT growth+293.5%+18.6%+601.3%-68.1%+155.9%-53.3%+11.2%
Net income growth+331.5%+12.6%+802.2%-77.0%+226.7%-49.6%-
Revenue CAGR (3Y)+47.8%-54.4%-57.7%-67.1%-31.3%-7.6%+8.0%
EBITDA CAGR (3Y)+32.2%+10.7%+11.9%+6.3%+45.5%+185.9%+65.9%
Profitability & leverage
Net income margin+34.8%+15.9%+16.4%+2.7%+0.5%+0.2%+0.3%
Return on capital employed+14.4%+6.5%+8.6%+10.6%+9.7%+11.5%+16.3%
Return on net worth+13.3%+3.4%+5.5%+3.0%+10.5%+4.8%+10.8%
Debt / equity0.340.561.136.596.395.554.16
Long-term debt / equity0.240.441.053.012.782.790.19
Interest cover13.3154.5461.6894.6077.7691.6581.67
Efficiency & per share
Fixed asset turnover24.549.6415.5115.58205.46263.59443.23
Inventory turnover0.000.000.009.0261.3261.67113.22
Debtors turnover146.5918.5315.7014.43212.01243.01629.55
EPS (β‚Ή)1.550.360.320.050.200.060.12
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)12.4610.8610.501.601.611.401.34
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue89.9375.1067.3351.9648.0539.8840.2839.87
Revenue growth (YoY)+87.2%+88.3%+67.2%+30.3%+50.6%+40.3%--
Other income0.460.721.890.510.090.160.140.13
Total expenses45.6936.7637.5628.3431.5925.3729.0627.53
EBITDA44.2438.3429.7723.6216.4614.5111.2212.34
EBITDA margin+49.2%+51.1%+44.2%+45.5%+34.3%+36.4%+27.9%+31.0%
Depreciation1.171.131.340.590.750.750.500.32
Interest30.5726.7219.8913.608.427.085.624.33
Profit before tax12.9611.2110.439.947.386.845.247.82
Tax3.362.772.382.971.471.741.332.18
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue20814190.2650.4943.6420.4516.31
Revenue growth+47.6%+56.2%+78.8%+15.7%+113.4%+25.4%-
Other income1.840.110.010.140.010.000.07
Total expenses12299.4562.4025.6613.007.342.87
Employee cost17.9711.222.671.731.871.060.71
EBITDA86.0241.5027.8624.8330.6413.1113.44
EBITDA margin+41.4%+29.4%+30.9%+49.2%+70.2%+64.1%+82.4%
Depreciation3.421.050.470.430.290.200.09
Interest49.8416.956.174.953.316.848.08
Profit before tax34.6023.6121.2319.5927.056.075.34
Tax8.576.215.155.285.451.571.31
Net profit26.0317.4016.0814.314.854.504.03
Net profit margin+12.5%+12.3%+17.8%+28.3%+11.1%+22.0%+24.7%
EPS (β‚Ή)1.861.371.271.131.700.360.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital14.0112.6912.6912.6912.6912.6912.69
Reserves & surplus321194176160145123119
Shareholders' funds (net worth)345206189172158136131
Secured loans69712552.6517.1012.180.000.00
Unsecured loans15011622.7534.5311.4876.2373.22
Total debt84724175.4051.6323.6676.2373.22
Total liabilities1,192447264224182212205
Assets
Gross block31.829.531.702.081.230.760.38
Net block26.527.650.871.170.620.440.25
Capital work in progress0.007.560.000.000.000.000.00
Investments7.415.303.474.105.0912.5810.69
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.000.000.000.000.000.000.50
Cash & bank balances10215.458.664.462.631.940.54
Loans & advances26.6614.8112.463.591.861.200.29
Total current assets12930.2621.128.054.493.141.33
Total current liabilities39.1229.4619.5510.474.442.590.97
Net working capital89.660.801.57(2.42)0.050.550.36
Total assets1,192447264224182212205
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash15.458.664.462.631.940.540.60
Net cash from operating activities(566)(134)(7.06)(20.29)28.586.48(84.12)
Net cash from investing activities(6.51)(4.58)(6.34)(0.90)27.65(1.19)(1.24)
Net cash from financing activities65914517.5923.02(55.54)(3.90)85.30
Net change in cash86.676.804.191.830.691.40(0.06)
Closing cash10215.458.664.462.631.940.54
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+47.6%+56.2%+78.8%+15.7%+113.4%+25.4%-
EBITDA growth+107.3%+49.0%+12.2%-19.0%+133.7%-2.5%-
PBT growth+46.6%+11.2%+8.4%-27.6%+345.6%+13.7%+352.5%
Net income growth+49.6%+8.2%+12.4%+195.1%+7.8%+11.7%-
Revenue CAGR (3Y)+60.3%+47.8%+64.0%+45.7%+42.7%+18.4%+16.3%
EBITDA CAGR (3Y)+51.3%+10.6%+28.6%+22.7%+33.6%+7.1%+10.8%
Profitability & leverage
Net income margin+12.5%+12.3%+17.8%+28.3%+49.5%+22.0%+24.7%
Return on capital employed+10.3%+11.4%+11.2%+12.1%+4.8%+6.2%+8.6%
Return on net worth+9.4%+8.8%+8.9%+8.7%+3.3%+3.4%+5.6%
Debt / equity1.970.800.350.230.340.561.15
Long-term debt / equity1.900.680.270.190.260.441.07
Interest cover60.3441.9022.5320.2910.9152.9860.52
Efficiency & per share
Fixed asset turnover10.1525.1247.7630.5943.8735.8868.25
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover0.000.000.000.000.0081.8065.52
EPS (β‚Ή)1.861.371.271.131.700.360.32
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)23.9116.2614.8813.6012.4610.7210.36

Top companies in Financial Industry Bodies & Events

2 companies that operate in the same segment as FinKurve (Financial Industry Bodies & Events) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Banking regulatory authority
1935Mumbai, Maharashtra, India
Association focused on providing financial services
2006Mumbai, Maharashtra, IndiaUSD 122.07 MUSD 96.26 M3,022
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Frequently Asked Questions about FinKurve

FinKurve was founded in 1984.

FinKurve is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Amit Shroff is the CEO of FinKurve, as recorded in our data.

FinKurve has 21 employees.

The primary company behind FinKurve, Finkurve Financial Services Limited, reported revenue of β‚Ή210 Cr for FY 2026, up 48% year on year.

Finkurve Financial Services was established in 1984 in Mumbai, India. Operations are conducted within the financial technology sector, with a focus on core fintech services. The company is led by CEO Amit Shroff, alongside Ketan Kothari. Activities are centered on technology-driven financial solutions, serving clients primarily in the Indian market through its domain finkurve.com.

Yes, FinKurve is publicly traded on NSE under the ticker symbol FINKURVE.

FinKurve operates through Finkurve Financial Services Limited.

The legal entities of FinKurve currently have 10 directors, including Ketan Bhawarlal Kothari, Priyank Rakesh Kothari, Nishant Tolchand Ranka and others.

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