Notes / Company

Arman Financial Services Ltd.

ARMANFIN BSE 531179 ISIN INE109C01017 Microfinance

Fundamentals

Market cap: ₹1,747 cr
P/E: 30.86×
ROE: 5.96%
Debt / equity: 1.41
52-week range: 1256.10 — 1903.15

Research on Tijori Finance

Company snapshot

Arman Financial Services Ltd.

Microfinance

₹1,765 cr

P/E 31.19×

Latest quarter · Mar 2026

Total income₹176 cr

Net profit₹41 cr

Net margin+23.4%

EPS₹39.01

Leverage & growth

Debt / equity1.41×

Sales CAGR+31.5%

EPS CAGR+16.4%

The timeline — 1 note on Arman Financial Services Ltd.

June 2026

05 Jun 26 · 11:33 AM IST Brief

Brief · Earnings · Small cap

Arman aims to cut operating costs by a third as it exits credit cycle

The micro-lender targets a 7% cost-to-AUM ratio, down from ~9%, with a return-on-assets goal of 3.5-4% as it shifts away from group lending.

Verify on exchange BSE filings for ARMANFIN NSE filings for ARMANFIN Tijori Finance company page