Arman Financial Services Limited
Arman Financial Services Limited (ARMANFIN) financial statements and selected valuation metrics from NSE/BSE exchange filings through 30 June 2026.
Financial Services›Financial Services›Finance›Non Banking Financial Company (NBFC)
armanindia.com(opens the company website in a new tab)Key metrics
Price as of 2026-09-03
Stock price
₹1991.90
Market cap
2,064 Cr
Stock P/E
15.8
P/B
2.24
Dividend yield
0.0%
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Share price
NSE closing price from historical market data.
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Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 80 Cr | 80 Cr | 98 Cr | — | 96 Cr | 91 Cr | 90 Cr | 88 Cr | 89 Cr | 91 Cr | 105 Cr | 119 Cr |
| Other income | 0 Cr | 0 Cr | 0.07 Cr | 0.0009 Cr | 0 Cr | 0 Cr | 0 Cr | 0.0007 Cr | 0 Cr | 0 Cr | 0 Cr | 0.04 Cr |
| Net operating income | 80 Cr | 80 Cr | 98 Cr | 0.0009 Cr | 96 Cr | 91 Cr | 90 Cr | 88 Cr | 89 Cr | 91 Cr | 105 Cr | 119 Cr |
| Employee cost | 17 Cr | 18 Cr | 21 Cr | 25 Cr | 27 Cr | 28 Cr | 32 Cr | 33 Cr | 36 Cr | 39 Cr | 41 Cr | 43 Cr |
| Other expenses | 6 Cr | 7 Cr | 10 Cr | 9 Cr | 11 Cr | 10 Cr | 13 Cr | 10 Cr | 17 Cr | 15 Cr | 22 Cr | 18 Cr |
| Provisions & contingencies | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation | 0.36 Cr | 0.36 Cr | 0.38 Cr | 0.42 Cr | 0.44 Cr | 0.46 Cr | 0.48 Cr | 0.44 Cr | 0.45 Cr | 0.43 Cr | 0.37 Cr | 0.47 Cr |
| Profit before tax | 58 Cr | 55 Cr | 65 Cr | 41 Cr | 22 Cr | -7 Cr | 13 Cr | -11 Cr | 18 Cr | 29 Cr | 42 Cr | 57 Cr |
| Tax % | 30.2% | 23.9% | 21.4% | 23.7% | 31.6% | -5.4% | -0.8% | -30.6% | 55.4% | 22.2% | 2.5% | 21.0% |
| Net profit | 41 Cr | 42 Cr | 51 Cr | 31 Cr | 15 Cr | -7 Cr | 13 Cr | -15 Cr | 8 Cr | 22 Cr | 41 Cr | 45 Cr |
| EPS (₹) | ₹48.04 | ₹47.71 | ₹52.23 | ₹29.88 | ₹14.56 | ₹-6.94 | ₹12.17 | ₹-13.90 | ₹7.62 | ₹21.13 | ₹39.06 | ₹42.96 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2019 | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021BSE balance sheet (this exchange's own filing had none for this period) | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | — | 113 Cr | 108 Cr | 131 Cr | 215 Cr | 328 Cr | 380 Cr | 372 Cr | Sign in for TTM |
| Other income | 0.55 Cr | 4 Cr | 2 Cr | 0.99 Cr | 0.0034 Cr | 0.07 Cr | 0.0009 Cr | 0.0007 Cr | Sign in for TTM |
| Net operating income | 0.55 Cr | 116 Cr | 111 Cr | 132 Cr | 215 Cr | 328 Cr | 380 Cr | 372 Cr | Sign in for TTM |
| Employee cost | 26 Cr | 36 Cr | 36 Cr | 42 Cr | 55 Cr | 72 Cr | 112 Cr | 150 Cr | Sign in for TTM |
| Other expenses | 21 Cr | 17 Cr | 13 Cr | 20 Cr | 26 Cr | 30 Cr | 43 Cr | 63 Cr | Sign in for TTM |
| Provisions & contingencies | — | — | — | — | — | — | — | — | Sign in for TTM |
| Depreciation | 0.48 Cr | 0.80 Cr | 0.81 Cr | 0.95 Cr | 1 Cr | 1 Cr | 2 Cr | 2 Cr | Sign in for TTM |
| Profit before tax | 31 Cr | 54 Cr | 12 Cr | 46 Cr | 125 Cr | 228 Cr | 69 Cr | 77 Cr | Sign in for TTM |
| Tax % | 30.4% | 22.8% | 9.8% | 30.3% | 24.9% | 23.9% | 24.6% | 26.8% | Sign in for TTM |
| Net profit | 21 Cr | 42 Cr | 11 Cr | 32 Cr | 94 Cr | 174 Cr | 52 Cr | 57 Cr | Sign in for TTM |
| EPS (₹) | ₹30.74 | ₹55.80 | ₹12.53 | ₹37.36 | ₹110.47 | ₹195.00 | ₹49.67 | ₹53.91 | Sign in for TTM |
| Dividend payout % | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | Sign in for TTM |
Sign in for TTM
Trailing twelve months totals and margin rows
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2019 | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021BSE balance sheet (this exchange's own filing had none for this period) | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 7 Cr | 8 Cr | 8 Cr | 8 Cr | 8 Cr | 10 Cr | 10 Cr | 11 Cr |
| Reserves | 72 Cr | 164 Cr | 178 Cr | 204 Cr | 357 Cr | 802 Cr | 864 Cr | 923 Cr |
| Borrowings | — | 698 Cr | 721 Cr | 990 Cr | 1,604 Cr | 1,725 Cr | 1,232 Cr | 1,776 Cr |
| Other liabilities | 619 Cr | 26 Cr | 32 Cr | 39 Cr | 68 Cr | 97 Cr | 121 Cr | 89 Cr |
| Total liabilities | 699 Cr | 896 Cr | 940 Cr | 1,241 Cr | 2,038 Cr | 2,635 Cr | 2,227 Cr | 2,798 Cr |
| Fixed assets (net) | 4 Cr | 4 Cr | 3 Cr | 4 Cr | 5 Cr | 6 Cr | 30 Cr | 29 Cr |
| CWIP | — | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0.20 Cr | 3 Cr |
| Investments | 3 Cr | 3 Cr | 3 Cr | 6 Cr | 19 Cr | 7 Cr | 39 Cr | 92 Cr |
| Loans & advances | — | 778 Cr | 743 Cr | 1,058 Cr | 1,537 Cr | 2,033 Cr | 1,684 Cr | 2,213 Cr |
| Trade receivables | 6 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr |
| Cash & bank | 39 Cr | 58 Cr | 88 Cr | 76 Cr | 26 Cr | 119 Cr | 68 Cr | 88 Cr |
| Other assets | 648 Cr | 52 Cr | 102 Cr | 99 Cr | 451 Cr | 470 Cr | 407 Cr | 372 Cr |
| Total assets | 699 Cr | 896 Cr | 940 Cr | 1,241 Cr | 2,038 Cr | 2,635 Cr | 2,227 Cr | 2,798 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2019 | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021BSE balance sheet (this exchange's own filing had none for this period) | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | — | — | -281 Cr | -713 Cr | -302 Cr | 493 Cr | -476 Cr |
| Cash from investing | — | — | — | -2 Cr | -13 Cr | 18 Cr | -49 Cr | -50 Cr |
| Cash from financing | — | — | — | 270 Cr | 676 Cr | 376 Cr | -495 Cr | 546 Cr |
| Net cash flow | — | — | — | -12 Cr | -49 Cr | 92 Cr | -51 Cr | 20 Cr |
| Free cash flow (OCF − Capex) | — | — | — | -282 Cr | -715 Cr | -305 Cr | 467 Cr | -480 Cr |
Ratios
Ratios as reported or derived per annual period.
| Metric | Mar 2019 | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021BSE balance sheet (this exchange's own filing had none for this period) | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| ROCE % | 118.0% | 16.2% | 47.8% | 63.5% | 15.1% | 19.4% | 14.6% | 10.4% |
| ROE % | 26.9% | 13.3% | 5.7% | 14.9% | 25.7% | 21.4% | 6.0% | 6.1% |
| Debtor days | 16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days payable | — | — | — | — | — | — | — | — |
| Cash conversion cycle | 16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 4.65 | 4.39 | 2.12 | 1.41 | 1.90 |
| Current ratio | 1.42 | — | — | — | — | — | — | — |
| Net debt / EBITDA | -0.41 | 0.00 | 0.00 | 0.00 | 5.29 | 3.25 | 3.75 | 5.93 |
Regulatory ratios (standalone basis)
RBI/Basel III ratios — NPA, CET1, CRAR, NIM, ROA — for the licensed banking entity. Always sourced from the standalone filing, even on the consolidated view, since these have no consolidated-group definition.
| Metric | Mar 2019 | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021BSE balance sheet (this exchange's own filing had none for this period) | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Gross NPA | — | — | — | — | — | — | — | — |
| Gross NPA % | — | — | — | — | — | — | — | — |
| Net NPA | — | — | — | — | — | — | — | — |
| Net NPA % | — | — | — | — | — | — | — | — |
| CET1 % | — | — | — | — | — | — | — | — |
| Additional Tier 1 % | — | — | — | — | — | — | — | — |
| Capital adequacy % | — | — | — | — | — | — | — | — |
| NIM % | — | — | — | — | — | — | — | — |
| ROA % | — | — | — | — | — | — | — | — |
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