Arman Financial Services logo

Arman Financial Services

ARMANFIN NSE

Key Fundamentals

MicrocapNBFCFinancial Services
Market Cap
₹2,114 Cr
Volatility
Moderate
P/E Ratio
18.17
EBITDA
₹284 Cr
Return on Equity
5.96%
Debt to Equity
1.75
Book Value
₹887.64
EPS
₹165.64
52W High
₹2,158.6
52W Low
₹1,301

Tapetide Score

Data-driven rating, 0–100. How it works →

Key Insights

Strengths

1
  • Company's median sales growth is 38.6% of last 10 years

Weaknesses

6
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding is low: 22.0%
  • Company has a low return on equity of 12.1% over last 3 years.
  • Contingent liabilities of Rs.675 Cr.
  • Promoter holding has decreased over last 3 years: -5.26%

Growth Rate

Revenue Growth
-11.52% lower than 3Y
Net Income Growth
19.02% higher than 3Y
Cash Flow Change
263% higher than 3Y
ROE
-72.1% lower than 3Y
ROCE
-29.51% lower than 3Y
EBITDA Margin (Avg.)
3.62% higher than 3Y

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
150
160
169
183
184
181
165
199
151
159
160
176
202
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
Fin. 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
Interest
64
67
71
63
65
65
57
52
52
50
51
53
64
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
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
-13.9
7.6
21.1
39.01
42.96
Gross NPA %
2.5%
2.48%
2.83%
2.88%
2.68%
3.74%
4.13%
3.37%
3.45%
3.7%
3.46%
3.43%
2.76%
Net NPA %
0.1%
0.23%
0.33%
0.31%
0.22%
0.64%
0.67%
0.55%
0.51%
0.5%
0.79%
0.93%
0.84%
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
30
41
54
78
139
214
195
235
424
661
730
646
697
Expenses
9
12
20
34
44
72
103
99
126
166
419
361
332
Financing Profit
9
12
10
10
37
53
13
46
126
229
71
79
147
Fin. Margin %
32%
30%
19%
13%
26%
25%
6%
20%
30%
35%
10%
12%
21%
Other Income
0
0
0
0
0
1
0
0
0
0
0
0
0
Interest
11
16
24
34
59
88
79
89
172
266
240
205
217
Depreciation
0
0
0
0
0
1
1
1
1
1
2
2
2
PBT
9
12
10
10
36
54
12
46
125
228
69
77
146
Tax %
33%
34%
36%
26%
27%
23%
10%
30%
25%
24%
25%
27%
—
Net Profit
6
8
6
7
26
42
11
32
94
174
52
57
116
EPS in Rs
10.77
13.99
11.05
12.76
45.98
49.13
12.51
37.35
110
166
49.64
53.85
111
Div. Payout %
13%
12%
11%
9%
4%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
7
7
7
7
7
8
8
8
8
10
10
11
Reserves
32
39
44
50
116
164
178
204
355
802
864
923
Borrowing
93
143
157
395
612
698
721
990
1,607
1,725
1,232
1,776
Other Liabilities
6
7
7
12
18
26
32
39
68
97
121
89
Total Liabilities
137
195
215
465
753
896
940
1,241
2,038
2,635
2,227
2,798
Fixed Assets
2
2
3
3
4
4
4
5
6
8
31
32
CWIP
0
0
0
0
0
0
0
0
0
0
0
3
Investments
0
1
2
3
3
3
3
6
19
7
39
92
Other Assets
136
192
210
459
746
888
933
1,231
2,013
2,620
2,157
2,671
Total Assets
137
195
215
465
753
896
940
1,241
2,038
2,635
2,227
2,798
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
7
-1
21
-203
-221
-76
6
-281
-718
-302
493
-476
Investing
-1
-7
-2
-12
-1
2
2
-2
-13
18
-49
-50
Financing
-5
1
-9
205
252
94
22
270
681
376
-495
546
Net Cash Flow
1
-7
10
-9
30
20
30
-12
-49
92
-51
20
Free Cash Flow
6
-2
21
-203
-222
-77
5
-282
-720
-305
467
-480
CFO/OP
49
12
74
-447
-223
-41
13
-194
-232
-49
168
-159
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %
17%
19%
13%
14%
29%
28%
6%
16%
33%
30%
6%
6%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Arman Financial Services insights

57 extracted metrics + investor summaries across FY10–FY26.

Log in — free

Shareholding Pattern

FIIs3.08%Public47.98%DIIs4.85%Promot.22.00%Others22.08%As ofJun 2026

Documents

Frequently Asked Questions about Arman Financial Services

What does Arman Financial Services Ltd do?
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. ...
Where is Arman Financial Services Ltd (ARMANFIN) listed?
Arman Financial Services Ltd trades as ARMANFIN on the NSE and under code 531179 on the BSE.
Which sector does Arman Financial Services Ltd belong to?
Arman Financial Services Ltd is classified under the Financial Services sector, in the NBFC industry.
What is the market capitalisation of Arman Financial Services Ltd?
Arman Financial Services Ltd has a market capitalisation of ₹2,114 Cr, which places it in the Small Cap band.
What is the PE ratio of Arman Financial Services Ltd?
Arman Financial Services Ltd trades at a PE ratio of 18.17, on earnings per share of ₹165.64, against a book value of ₹887.64 per share.
What is the 52-week high and low of Arman Financial Services Ltd?
Over the last 52 weeks Arman Financial Services Ltd has traded between ₹1,301 and ₹2,158.6.
What is the Return on Equity (ROE) of Arman Financial Services Ltd?
Arman Financial Services Ltd reported a return on equity of 5.96%. Its debt-to-equity ratio is 1.75.

Company Information

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]

Website armanindia.com
CEO Mr. Jayendrabhai Bhailalbhai Patel B.Sc.
Employees 1,154
Listed 1998-07-16
Face Value ₹ 10
Issued Size 1,05,12,921

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/ARMANFIN.md for Arman Financial Services Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our MCP server.

Explore More

More in Financial Services → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List