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Arman Financial Services ARMANFIN.NS · INR

Financials · NSE · 🇮🇳 India

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1,629.80

+1.86%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue, before interest expense

₹6.09bn

FY2017FY2026

Net income

₹566.1m

FY2017FY2026

Total assets

₹27.98bn

FY2017FY2026

Shareholders' equity

₹9.33bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue, before interest expense₹6.09bn₹6.17bn₹5.87bn₹3.89bn₹2.23bn₹1.88bn₹2.04bn₹1.39bn₹762.7m₹535.7m
Research and development——₹0₹0₹0₹0₹0₹0₹0₹0
Operating income₹1.89bn₹1.93bn₹1.93bn₹1.33bn₹582.7m₹212.6m₹549.6m₹444.3m₹180.4m₹130.6m
Net income₹566.1m₹520.7m₹1.74bn₹938.1m₹317.2m₹106.2m₹415.2m₹264.3m₹73.0m₹63.2m
Diluted earnings per share53.5049.27165.9299.1037.3512.4948.8531.929.549.14

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹27.98bn₹22.27bn₹26.35bn₹20.38bn₹12.41bn₹9.40bn₹8.96bn₹6.99bn₹4.64bn₹2.15bn
Cash and short-term investments₹4.91bn₹4.52bn₹5.32bn₹4.30bn₹1.42bn₹1.54bn₹1.06bn₹504.6m₹189.1m₹213.8m
Total liabilities₹18.64bn₹13.53bn₹18.22bn₹16.72bn₹10.29bn₹7.53bn₹7.24bn₹6.19bn₹4.07bn₹1.59bn
Debt₹17.76bn₹12.32bn₹17.25bn₹25.48bn₹16.38bn₹11.28bn₹10.02bn₹9.47bn₹5.67bn₹1.52bn
Shareholders' equity₹9.33bn₹8.74bn₹8.13bn₹3.66bn₹2.13bn₹1.87bn₹1.72bn₹792.2m₹569.0m₹560.0m
Shares outstanding11m11m10m9m8m8m8m8m8m7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue, before interest expense₹2.02bn₹1.66bn₹1.52bn₹1.45bn₹1.46bn₹1.49bn₹1.54bn₹1.68bn
Operating income₹766.7m₹500.4m₹463.3m₹419.6m₹505.9m₹509.8m₹587.4m₹639.2m
Net income₹451.7m₹410.1m₹221.8m₹79.9m−₹145.8m₹127.6m−₹72.6m₹152.7m
Diluted earnings per share42.6938.7620.997.56-13.8012.08-6.9414.59
Total assets—₹27.98bn—₹21.53bn—₹22.27bn—₹23.93bn
Cash and short-term investments—₹4.91bn—₹4.45bn—₹4.52bn—₹4.64bn
Debt—₹17.76bn—₹11.97bn—₹20.89bn—₹14.39bn
Shareholders' equity₹9.33bn₹9.33bn₹8.72bn₹8.72bn₹8.74bn₹8.74bn₹8.65bn₹8.65bn

Financial ratios

Data as of 28 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin31.0%31.4%32.9%34.2%26.2%11.3%——
Net margin9.3%8.4%29.6%24.1%14.2%5.6%——
Return on equity6.1%6.0%21.4%25.7%14.9%5.7%——
Return on assets2.0%2.3%6.6%4.6%2.6%1.1%——
Revenue growth-1.2%5.1%51.0%74.4%18.6%-8.0%——
Earnings growth8.7%-70.0%85.0%195.7%198.8%-74.4%——
Current ratio3.01x1.69x1.85x316.53x1.31x1.53x——
Debt to equity2.79x2.39x3.48x6.97x7.70x5.96x——
Equity ratio33.4%39.3%30.8%17.9%17.1%19.9%——
Interest coverage812.52x2134.01x2368.70x1326.57x111.91x27.73x——
R&D as a share of sales——0.0%0.0%0.0%0.0%0.0%0.0%
Buybacks as a share of market value-0.1%-1.0%-10.5%-11.4%0.0%0.0%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue16.2%26.5%31.1%
Operating income12.5%54.8%31.6%
Net income-15.5%39.8%21.6%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin31.2%32.2%30.2%29.8%
Net margin8.9%17.1%16.0%16.3%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings30.031.67.524.638.670.015.219.941.728.1
Price to sales2.82.72.25.95.54.03.13.84.03.3

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 13 Sept 2019.

FY2020FY2019
Paid in the year1.401.00

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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