This paper deals with a class of fractional neutral delay systems involving proportional Caputo derivative. Maintaining the finite‐time stability of fractional‐order systems is a major challenge, as their capacity to mimic complex dynamics draws more attention to them. Therefore, the paper presents a novel finite‐time stability criterion based on the Banach fixed‐point theorem. A decomposition formula for proportional Caputo derivative is provided. This formula allows us to derive a new numerical technique for efficiently solving the proposed problem. Finally, extensive numerical results are performed to illustrate and validate the proposed theoretical results.