Finkurve Financial Services Limited (FINKURVE.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+327.0%

₹273.27

vs ₹64.00 price

Levered DCF

-₹137.03

After debt service

Piotroski score

—

Altman Z-score

—

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
P/E	27.04×	83.14×	90.04×	0×	67.1×
P/B	2.04×	7.01×	7.67×	0×	0×
P/S	3.38×	10.43×	16.2×	0×	0×
EV / EBITDA	38.11×	61.77×	67.41×	2.28×	0.77×
Gross margin	39.7%	41.8%	54.6%	49.8%	54.1%
Operating margin	27.3%	30.6%	47.3%	40.4%	37.0%
Net margin	12.5%	12.5%	18.0%	28.4%	95.4%
Current ratio	5×	2.39×	3.75×	3.88×	7.35×
Debt / equity	2.46×	1.17×	0.4×	0.3×	0.15×
Interest coverage	0×	17.59×	55.49×	29.79×	165.24×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	7.5%	8.4%	8.5%	8.3%	13.7%
Return on invested capital	2.6%	6.9%	12.1%	6.6%	3.7%
Return on assets	2.1%	3.6%	5.7%	6.1%	11.6%
Free cash flow yield	6.6%	-9.6%	-1.0%	0.0%	0.0%
Earnings yield	3.7%	1.2%	1.1%	0.0%	0.0%
Enterprise value	₹14.5B	₹16.7B	₹15.1B	₹471.7M	₹210.3M
Net debt / EBITDA	19.6×	8.33×	2.97×	2.28×	0.77×
Cash conversion cycle (days)	-59	-74	-53	-55	2,305