ARMAN FIN SERV LTD (ARMANFIN) financials

ARMAN FIN SERV LTD (ARMANFIN) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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 Microfinanc…

Market Cap: ₹1,619Cr.
Current Price: ₹1,536
Stock P/E: 37.9
ROE: 6.67%
ROCE: 9.49%
Book Value: ₹602
Dividend Yield: 0.00%
52W High / Low: ₹2,159/1,301

In Jun 2026, ARMAN FIN SERV LTD (ARMANFIN) reported sales ₹66 Cr and net profit ₹15 Cr.

Annual TTM: sales ₹231 Cr, net profit ₹43 Cr.

Shareholding: Promoters 22.00% (Jun 2026), FIIs 3.08% (Jun 2026), DIIs 4.85% (Jun 2026), Public 70.07% (Jun 2026), No. of Shareholders 32,079% (Jun 2026).

ARMANFIN quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	44	45	51	50	52	54	60	66
Interest	12	11	12	12	14	14	17	20
Expenses	20	21	26	23	26	27	29	27
Financing Profit	12	14	13	15	12	12	14	19
Financing Margin %	28%	30%	26%	30%	23%	23%	23%	29%
Other Income	-1	-0	4	1	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0
Profit before tax	11	13	17	16	12	13	14	19
Tax %	29%	27%	26%	20%	26%	25%	29%	22%
Net Profit	8	10	13	12	9	9	10	15
EPS in Rs	7.56	9.41	12.19	11.87	8.48	8.94	9.37	13.88
Gross NPA %	2.83%	3.40%	3.38%	3.49%	3.77%	3.41%	3.50%	3.14%
Net NPA %	0.60%	0.96%	0.95%	1.04%	0.26%	0.98%	0.89%	0.71%
Raw PDF	—	—	—	—	—	—	—	—

ARMANFIN profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue	67	61	63	94	134	182	216	231
Interest	22	20	18	31	46	44	57	65
Expenses	25	34	27	28	44	83	105	110
Financing Profit	20	7	18	36	44	55	53	57
Financing Margin %	30%	11%	29%	38%	33%	30%	25%	25%
Other Income	3	3	3	2	5	3	1	1
Depreciation	0	0	0	0	0	0	0	0
Profit before tax	23	9	21	38	48	58	54	57
Tax %	20%	15%	24%	25%	22%	26%	25%	—
Net Profit	18	8	16	28	38	43	41	43
EPS in Rs	21.58	9.42	19.11	33.39	36.18	41.15	38.63	40.67
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	—

ARMANFIN balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	7	8	8	8	8	10	10	11
Reserves	89	112	119	132	157	524	575	622
Borrowing	162	171	153	178	386	291	411	723
Other Liabilities	6	6	10	8	16	22	19	17
Total Liabilities	264	297	291	327	568	848	1,016	1,372
Fixed Assets	1	1	1	1	1	2	25	25
CWIP	0	0	0	0	0	0	0	3
Investments	51	62	65	93	196	281	351	421
Other Assets	212	234	225	234	370	565	639	923
Total Assets	264	297	291	327	568	848	1,016	1,372

ARMANFIN cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-76	-8	66	-16	-136	-86	-96	-174
Cash from Investing Activity	-25	-10	0	-27	-100	-77	-92	-71
Cash from Financing Activity	105	14	-18	25	206	232	124	315
Net Cash Flow	4	-4	49	-18	-30	68	-65	70
Free Cash Flow	-75	-8	66	-16	-136	-87	-121	-177

ARMANFIN shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	22.07%	22.07%	22.06%	22.05%	22.00%	22.00%	22.00%	22.00%
FIIs	4.90%	1.97%	1.19%	1.42%	1.80%	1.69%	2.61%	3.08%
DIIs	5.03%	4.51%	4.91%	5.08%	4.83%	5.03%	4.18%	4.85%
Public	68.01%	71.44%	71.82%	71.45%	71.37%	71.29%	71.20%	70.07%
No. of Shareholders	36,339	42,629	41,400	37,608	36,531	34,930	33,752	32,079

ARMANFIN key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE %	18%	17%	6%	12%	19%	11%	8%	7%

ARMANFINUpdated 18 Oct 2026, 0:47

Arman Fin Serv Ltd

ARMANFINUpdated 18 Oct 2026, 0:47

Market Cap

₹1,619Cr.

Current Price

₹1,536

High / Low

₹2,159/1,301

Stock P/E

37.9

ROE6.67%

ROCE9.49%

Book Value₹602

Face Value₹10.0

Dividend Yield0.00%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Revenue	Interest	Expenses	Financing Profit	Financing Margin %	Other Income	Profit Before Tax	Tax	Net Profit	EPS (₹)	Gross NPA	Net NPA
Jun 2023	29	11	9	9	32	1	10	21	8	9.5	2.8	0.58
Sep 2023	34	12	10	13	37	1	13	34	9	10.19	3.11	0.75
Dec 2023	33	12	11	10	30	1	11	15	9	9.54	3.03	1.01
Mar 2024	38	11	13	14	38	0	14	15	12	11.08	2.63	0.89
Jun 2024	42	9	17	16	38	0	16	22	13	12.01	2.46	0.56
Sep 2024	44	12	20	12	28	-1	11	29	8	7.56	2.83	0.6
Dec 2024	45	11	21	14	30	0	13	27	10	9.41	3.4	0.96
Mar 2025	51	12	26	13	26	4	17	26	13	12.19	3.38	0.95
Jun 2025	50	12	23	15	30	1	16	20	12	11.87	3.49	1.04
Sep 2025	52	14	26	12	23	0	12	26	9	8.48	3.77	0.26
Dec 2025	54	14	27	12	23	0	13	25	9	8.94	3.41	0.98
Mar 2026	60	17	29	14	23	0	14	29	10	9.37	3.5	0.89
Jun 2026	66	20	27	19	29	0	19	22	15	13.88	3.14	0.71

Profit & loss

Annual statement₹ Cr.

Year	Revenue	Interest	Expenses	Financing Profit	Financing Margin %	Other Income	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	15	6	5	4	29	0	4	34	3	4.86
Mar 2016	16	6	6	4	24	0	4	33	2	4.35
Mar 2017	17	5	8	4	23	0	4	34	2	4.37
Mar 2018	27	11	12	5	17	0	4	28	3	5.61
Mar 2019	47	16	16	14	30	2	16	21	12	21.5
Mar 2020	67	22	25	20	30	3	23	20	18	21.58
Mar 2021	61	20	34	7	11	3	9	15	8	9.42
Mar 2022	63	18	27	18	29	3	21	24	16	19.11
Mar 2023	94	31	28	36	38	2	38	25	28	33.39
Mar 2024	134	46	44	44	33	5	48	22	38	36.18
Mar 2025	182	44	83	55	30	3	58	26	43	41.15
Mar 2026	216	57	105	53	25	1	54	25	41	38.63
TTM	231	65	110	57	25	1	57	—	43	40.67

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	22%
FIIs	3.08%
DIIs	4.85%
Public	70.07%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	26.58%	3.89%	0.77%	68.76%
Dec 2023	23.65%	6.64%	7.66%	62.05%
Mar 2024	22.09%	10.2%	6.29%	61.41%
Jun 2024	22.09%	5.18%	6.16%	66.56%
Sep 2024	22.07%	4.9%	5.03%	68.01%
Dec 2024	22.07%	1.97%	4.51%	71.44%
Mar 2025	22.06%	1.19%	4.91%	71.82%
Jun 2025	22.05%	1.42%	5.08%	71.45%
Sep 2025	22%	1.8%	4.83%	71.37%
Dec 2025	22%	1.69%	5.03%	71.29%
Mar 2026	22%	2.61%	4.18%	71.2%
Jun 2026	22%	3.08%	4.85%	70.07%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	7	27	2	85	2	0	10	73	85
Mar 2016	7	29	3	76	2	0	10	64	76
Mar 2017	7	31	3	88	2	0	15	71	88
Mar 2018	7	33	5	146	1	0	22	122	146
Mar 2019	7	89	6	264	1	0	51	212	264
Mar 2020	8	112	6	297	1	0	62	234	297
Mar 2021	8	119	10	291	1	0	65	225	291
Mar 2022	8	132	8	327	1	0	93	234	327
Mar 2023	8	157	16	568	1	0	196	370	568
Mar 2024	10	524	22	848	2	0	281	565	848
Mar 2025	10	575	19	1016	25	0	351	639	1016
Mar 2026	11	622	17	1372	25	3	421	923	1372

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	-2	0	0	-2
Mar 2016	8	-1	-17	-10
Mar 2017	2	-5	3	-1
Mar 2018	-33	-11	44	0
Mar 2019	-76	-25	105	4
Mar 2020	-8	-10	14	-4
Mar 2021	66	0	-18	49
Mar 2022	-16	-27	25	-18
Mar 2023	-136	-100	206	-30
Mar 2024	-86	-77	232	68
Mar 2025	-96	-92	124	-65
Mar 2026	-174	-71	315	70

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE %	8%	7%	7%	8%	18%	17%	6%	12%	19%	11%	8%	7%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of ARMAN FIN SERV LTD (ARMANFIN)?

The reported market capitalisation for ARMAN FIN SERV LTD (ARMANFIN) is ₹1,619Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of ARMANFIN?

The current price shown for ARMAN FIN SERV LTD (ARMANFIN) on Fincrux is ₹1,536 with a 52-week high/low of ₹2,159/1,301.

What is the P/E ratio of ARMAN FIN SERV LTD (ARMANFIN)?

The stock P/E for ARMAN FIN SERV LTD (ARMANFIN) is 37.9 on Fincrux, with ROE at 6.67% and ROCE at 9.49%.

What were ARMANFIN latest quarterly results?

For Jun 2026, ARMAN FIN SERV LTD (ARMANFIN) reported sales ₹66 Cr and net profit ₹15 Cr (figures in ₹ crore unless noted).

What are ARMANFIN annual sales and net profit?

For TTM, ARMAN FIN SERV LTD (ARMANFIN) shows sales of ₹231 Cr and net profit of ₹43 Cr on the Fincrux profit & loss statement.

Who owns ARMAN FIN SERV LTD (ARMANFIN)?

Latest shareholding for ARMAN FIN SERV LTD (ARMANFIN) on Fincrux: Promoters 22.00% (Jun 2026), FIIs 3.08% (Jun 2026), DIIs 4.85% (Jun 2026), Public 70.07% (Jun 2026), No. of Shareholders 32,079% (Jun 2026).

Where can I find ARMAN FIN SERV LTD (ARMANFIN) financials?

ARMAN FIN SERV LTD (ARMANFIN) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show ARMANFIN balance sheet and cash flow?

Yes. The ARMAN FIN SERV LTD (ARMANFIN) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 0:47