| Revenue growth | Q2 income +47% YoY; H1 +41% YoY |
|---|---|
| Margins | Q2 NIM 18.2% vs 16.7%; cost-income 41.2% vs 48.9% |
| Demand visibility | Q2 disbursement ₹818 Cr vs ₹475 Cr, +72% |
Growth
Q2 income from operations ₹234.6 Cr, +47% YoY; H1 gross income ₹436.5 Cr, +41%. H1 disbursement ₹1,505 Cr, +74.1% YoY.
Outlook
No explicit numeric growth guidance. Management targets cost-of-funds optimisation, operating efficiency, and sustainably higher ROA/ROE.
Risks
H1 impairment ₹45 Cr; MFI PAR 31-90 rose to 1.1% in Sep-26; MFI collection efficiency 96.2%.
Last quarter's promises, checked
Delivered
- Cut borrowing cost 20-30bps → incremental cost 11.7%→11.3% (= BEAT)
- Volumes to recover in 2 qtrs → Q2 disb ₹818Cr vs Q1 ₹686Cr, +72% YoY (= BEAT)
- 25-30% AUM growth (analyst-cited) → +50.6% YoY (= BEAT)
Partly delivered
- Opex/AUM ~8% falling to 7% by FY27-end → cost-income 41.2% only, opex/AUM n/d (= PARTIAL)
- Credit cost 3-3.5% → H1 impairment ₹45Cr, % n/d (= PARTIAL)
Missed
- NNPA improving from 0.84% → 0.92% (= MISS)
- Asset quality 'continued to improve' → MFI PAR31-90 1.1% in Sep-26 (= MISS)
Investor Presentation filed with NSE, NSE: ARMANFIN. Summary written with AI assistance from the document.
Arman Financial Services Ltd: key numbers
- Share price
- ₹1,606.60
- Market cap
- ₹1,694 Cr
- Revenue (annual)
- ₹645.9 Cr
- Net profit (annual)
- ₹56.61 Cr
- P/E (TTM)
- 10.6×Sector 19.5×
- Promoter holding
- 21.93%-0.07% QoQ
- FII holding
- 2.85%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Arman Financial Services Ltd
All →Arman Financial Services Employee Stock Options
Arman Financial Services allotted 1,260 equity shares to employees under its ESOP-2023 scheme. No transaction value is stated for the allotment.
Arman Financial Services Debt & Borrowing: ₹0.23 Cr
Arman Financial Services Limited paid a monthly interest of Rs. 0.23 Crore on its Non-Convertible Debentures. The payment corresponds to ISIN INE109C07105 for an issue size of Rs. 40 Crore.
- Value
- ₹0.23 Cr
Arman Financial Services Results Update
Arman Financial Services reported record quarterly consolidated PAT of ₹51 Crore for Q2 FY27, up 544% YoY. Consolidated AUM grew 51% YoY to cross ₹3,209 Crore.
Arman Financial Services Debt & Borrowing: ₹387.3 Cr
Arman Financial Services Ltd submitted its asset cover certificate for the quarter ended September 30, 2026. The company maintains a 110% security cover on its outstanding secured non-convertible debentures.
- Value
- ₹387.3 Cr
Arman Financial Services Q2 FY27 Results: Net Profit ₹51.5 Cr, Up 543.8% YoY
Arman Financial Services Ltd reported revenue from operations of ₹234.6 Cr (+47.4% YoY) and net profit of ₹51.5 Cr (+543.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹51.5 Cr · +543.8% YoY
Arman Financial Services Other Announcement
Arman Financial Services disclosed its quarterly shareholding pattern as of 30 September 2026. Promoter and public holdings are reported in the standard Regulation 31 format.