AR
Arman Financial Services Ltd (ARMANFIN)
₹1,743.10
Mkt cap
₹2,062 Cr
P/E ratio
17.70
P/B
1.96
Div yield
0.00%
ROE
6.26%
ROCE
11.80%
EPS (TTM)
₹98.48
Book value
₹888
52W range
1,301–2,159
Sector
Financial Services
Price history
Previous close
Arman Financial Service Ltd is an RBI-registered category ‘A’ Non-Banking Finance Company. They provide loans to the unorganized sector residing in rural and semi-rural locales across six states with around 400 branches that cater to about 7.6 lakh customers. Headquartered in Ahmedabad, Gujarat. Arman and its subsidiary provide three financial services, Two-Wheeler Finance, Group-Based Microfinance, and Micro-Enterprise (MSME) Loans. [1]
NSE ARMANFINBSE 531179
Health check
Cautious
ValuationFair
ProfitabilityWeak
TechnicalsNeutral
52-week range
−19.25% from high₹1,743
₹1,301+33.98% from low₹2,159
Current
₹1,743.10
Prev close
₹1,755.00
Day
−0.68%
Price performance
1D
−0.68%
1W
+2.53%
1M
−12.49%
3M
+1.02%
6M
+18.04%
1Y
+18.10%
YTD
+14.61%
Financials
Revenue, profit & margin
P/E ratio
17.7×
ARMANFIN is 10% below the sector median of 19.7×
ARMANFIN17.7×
Sector median19.7×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 150 | 160 | 169 | 183 | 184 | 181 | 165 | 199 | 151 | 159 | 160 | 176 | 202 | |
| Interest | 64 | 67 | 71 | 63 | 65 | 65 | 57 | 52 | 52 | 50 | 51 | 53 | 64 | |
| Expenses | 35 | 34 | 42 | 55 | 78 | 93 | 114 | 134 | 110 | 91 | 80 | 80 | 80 | |
| Financing Profit | 50 | 59 | 56 | 65 | 41 | 23 | -6 | 13 | -11 | 18 | 29 | 42 | 58 | |
| Financing Margin % | 34% | 37% | 33% | 36% | 22% | 13% | -4% | 7% | -7% | 12% | 18% | 24% | 29% | |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit before tax | 50 | 58 | 55 | 65 | 41 | 22 | -7 | 13 | -11 | 18 | 29 | 42 | 57 | |
| Tax % | 20% | 30% | 24% | 21% | 24% | 32% | 5% | -1% | 31% | 55% | 22% | 3% | 21% | |
| Net Profit | 40 | 41 | 42 | 51 | 31 | 15 | -7 | 13 | -15 | 8 | 22 | 41 | 45 | |
| EPS in Rs | 47.02 | 46.86 | 42.91 | 48.51 | 29.87 | 14.56 | -6.92 | 12.16 | -13.90 | 7.60 | 21.10 | 39.01 | 42.96 | |
| Gross NPA % | 2.50% | 2.48% | 2.83% | 2.88% | 2.68% | 3.74% | 4.13% | 3.37% | 3.45% | 3.70% | 3.46% | 3.43% | 2.76% | |
| Net NPA % | 0.10% | 0.23% | 0.33% | 0.31% | 0.22% | 0.64% | 0.67% | 0.55% | 0.51% | 0.50% | 0.79% | 0.93% | 0.84% | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.12% · closed higher next day 0 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 12 Aug '26◦ |
| Earnings day | +0.12% |
| +1 day | −2.07% |
| +5 days | −1.88% |
| +15 days | −0.95% |
| +30 days | −6.24% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202622.00%Promoter
Promoters22.00%
FIIs3.08%0.47
DIIs4.85%0.67
Public70.07%1.13
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Bajaj Finance | ₹1,040.30 | 31.62 | 6,47,686 | 0.52% | 6,081 | +27.37% | 23,165 | +18.65% | 10.87% |
| Shriram Finance | ₹1,010.00 | 21.00 | 2,37,658 | 1.07% | 3,453 | +59.89% | 13,400 | +16.16% | 11.49% |
| Cholaman.Inv.&Fn | ₹1,800.00 | 26.74 | 1,53,776 | 0.11% | 1,656 | +45.56% | 8,856 | +21.87% | 9.71% |
| Tata Capital | ₹351.35 | 27.44 | 1,49,143 | 0.16% | 1,628 | +56.32% | 8,822 | +15.10% | 8.58% |
| Muthoot Finance | ₹2,841.10 | 10.03 | 1,14,061 | 1.06% | 2,825 | +38.83% | 8,672 | +34.44% | 15.80% |
| L&T Finance Ltd | ₹312.80 | 24.48 | 78,399 | 0.88% | 916 | +28.72% | 5,213 | +22.38% | 8.40% |
| SBI Cards | ₹651.15 | 27.24 | 61,966 | 0.38% | 664 | +19.51% | 5,041 | +3.36% | 10.10% |
| Arman Financial | ₹1,961.00 | 17.72 | 2,062 | 0.00% | 45 | +409.81% | 202 | +33.63% | 11.77% |
| Median: 100 Co. | ₹133.60 | 19.66 | 490 | 0.00% | 11 | +38.31% | 49 | +27.36% | 9.46% |
Filings
Annual reports15
Concall transcripts75
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptJun 2025PPTJun 2025RECJun 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025RECFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024PPTNov 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18 Sep - Arman Financial Services Limited has informed about Schedule of meetAnnouncement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 15 Sep - Allotment of Shares Pursuant to ESOP 2016 and ESOP Plan 2023.Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Sep - Newspaper advertisement for 34th AGM and Information about e-voting published today i.e. 07-09-2026 in the newspaper viz. The Indian Express (English) and Financial Express (Gujarati)Letter To Shareholders 5 Sep - 34th AGM on September 28, 2026; annual report shared, KYC and dividend reminders issued.Business Responsibility and Sustainability Reporting (BRSR) 5 Sep - Arman Financial filed FY26 Business Responsibility and Sustainability Report under SEBI LODR.