Arman FIN Serv Ltd

NSE: ARMANFIN · Non Banking Financial Company (NBFC) · sector

₹1,376.30NSE close 2026-10-26

Key numbers

Market cap₹1,447 cr

Price₹1,376.30

52w high / low₹2,159 / ₹1,301

P/E33.8xSector median 13.8x

P/B2.3xSector median 1.1x

Book value₹601.5

Dividend yield–Sector median 0.61%

ROE7.0%Sector median 3.6%

ROA3.12%Sector median 1.94%

Gross NPA–

Net NPA–

CET1–

Sales growth 3y+31.7%Sector median +24.6%

Profit growth 3y+12.7%Sector median +28.6%

PEG6.75x

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 250 companies in Non Banking Financial Company (NBFC) (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Total income was higher than a year earlier in 4 of the last 4 quarters.
No dividend in the last 5 financial years.
Price ₹1,376.30 on 2026-10-26: -36.2% from the 52-week high, +5.8% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹2,049.80 · low ₹1,152.35

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total income	44	45	51	50	52	54	60	66
Net interest income	44	45	51	50	52	54	60	66
Other income	-1	-0	4	1	0	0	0	0
Net profit	8	10	13	12	9	9	10	15
EPS (₹)	7.56	9.41	12.19	11.87	8.49	8.94	9.38	13.88
Revenue YoY					+17.3%	+19.1%	+19.0%	+31.1%
Profit YoY					+12.4%	-4.8%	-23.0%	+17.2%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	62	94	134	182	216	231
Net profit	16	28	38	43	41	43
EPS (₹)	19.12	33.40	42.58	41.17	38.68	40.69
Revenue growth		+51.2%	+41.4%	+36.2%	+18.6%	+21.8%
Profit growth		+74.7%	+33.6%	+13.9%	-5.9%	-0.7%
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+31.7%	+29.0%	+21.8%
Net profit	+12.7%	+38.4%	-0.7%
EPS	+5.0%	+32.6%	–
Share price	–	-0.1% (2y)	-12.1%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	229	535	586	632
Borrowings	–	177	119	272	280
Cash & equivalents	–	65	139	74	146
Total assets	–	568	848	1,016	1,372
Fixed assets	–	1	2	25	25
Capital work in progress	–	0	0	0	3
Inventory	–	0	0	0	0

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	-16	-136	-86	-96	-174
Cash from investing	-27	-100	-77	-92	-71
Cash from financing	25	206	232	124	315
Capex	0	0	1	24	3
Free cash flow	-16	-136	-88	-121	-177

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	12.4%	7.1%	7.4%	6.4%

Shareholding

Holder	% (2026-09-30)
Promoters	21.93%
FIIs	2.85%
DIIs	5.48%
of which Mutual funds	1.10%
Government	0.00%
Public (non-institutions)	69.75%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	22.07%	22.06%	22.05%	22.00%	22.00%	22.00%	22.00%	21.93%

Promoter group	%
Namra Holdings and Consultancy Services LLP	8.99%
Ritaben Jayendrabhai Patel	4.13%
Late JAYENDRABHAI BHAILALBHAI PATEL	4.06%
Aalok Jayendrabhai Patel	2.35%
Jayendra Bhailal Patel HUF	1.86%
Sajni Aalok Patel	0.39%
Amit Rajnikant Manakiwala	0.09%
Himani Amit Manakiwala	0.04%
Maulik Amit Manakiwala	0.01%

Public holders above 1%	%
Elevation Capital V Limited	7.58%
Mukul Mahavir Agrawal	3.79%
Airavat Capital Trust - Airavat Capital Trust II	1.79%
Investor Education and Protection Fund Authority Ministry of Corporate Affairs	1.76%
Vinay Jaiprakash Ambekar	1.14%
Abhishek Pradeepkumar Bansal	1.09%
Dumt Tradevest	1.07%
Whiteoak Capital Special Opportunities Fund	1.03%

32,416 shareholders. Pledged: – of promoter shares.

Peers in Non Banking Financial Company (NBFC)

Company	Market cap	P/E	P/B	ROE	ROA	Gross NPA	Sales 3y	Div yield
BAJFINANCE	₹5,71,790 cr	28.1x	5.2x	19.9%	4.14%	–	+25.1%	0.60%
SHRIRAMFIN	₹1,55,223 cr	14.6x	2.4x	18.5%	3.51%	–	+17.4%	0.94%
TATACAP	₹1,27,155 cr	34.6x	3.3x	9.3%	1.76%	–	–	0.14%
CHOLAFIN	₹1,23,499 cr	21.4x	4.1x	21.2%	2.34%	–	+34.4%	0.14%
MUTHOOTFIN	₹96,184 cr	9.1x	2.5x	32.1%	5.91%	–	+37.9%	1.08%
LTF	₹60,381 cr	17.1x	2.1x	12.8%	2.25%	–	+273.2%	1.14%
SBICARD	₹51,225 cr	22.5x	3.3x	15.4%	3.43%	–	+13.3%	0.42%
PIRAMALFIN	₹44,923 cr	21.9x	1.4x	6.3%	1.66%	–	–	0.55%
SUNDARMFIN	₹43,352 cr	22.5x	3.4x	16.2%	2.82%	–	+23.8%	0.95%
ARMANFIN	₹1,447 cr	33.8x	2.3x	7.0%	3.12%	–	+31.7%	–

All 250 companies in Non Banking Financial Company (NBFC) →

Dividends & corporate actions

Ex-date	Action	Detail
2024-09-20	Other	Annual General Meeting
2023-09-22	Other	Annual General Meeting
2022-09-21	Other	Annual General Meeting
2021-09-21	Other	Annual General Meeting
2020-09-21	Other	Annual General Meeting
2019-09-13	Dividend	Dividend - Rs 1.40 Per Share
2018-08-30	Dividend	Annual General Meeting/Dividend Re 1 Per Share
2017-09-20	Dividend	Annual General Meeting/Dividend - Re 1/- Per Share
2016-09-12	Dividend	Aannual General Meeting/Dividend - 1.40 Per Share

Documents

Links go to the original files on the exchange website.

About the company

Financial service activities, except insurance and Pension funding: Two-wheeler Finance and MSME Finance and Loan Against Property (LAP)


Sector	Financial Services
Industry	Non Banking Financial Company (NBFC)
Sub-industry	Non Banking Financial Company (NBFC)
Symbol	ARMANFIN
BSE code	531179
ISIN	INE109C01017
Face value	₹10.0
Incorporated	1992-11-26
Website	www.armanindia.com
Plants (India / abroad)	0 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.