Arman Financial Services Limited
Arman Financial Services Limited, together with its subsidiary, operates as a non-banking finance company in India. The company offers micro, small, and medium enterprise loans; two wheeler loans; and micro finance loans as well as individual business loans and loan against property. The company was formerly known as Arman Lease and Finance Limited and changed its name to Arman Financial Services… Read more
Arman Financial Services Limited (ARMANFIN) - Net Assets
Latest net assets as of September 2025: ₹8.72 Billion INR
Based on the latest financial reports, Arman Financial Services Limited (ARMANFIN) has net assets worth ₹8.72 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹21.53 Billion) and total liabilities (₹12.81 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹8.72 Billion |
| % of Total Assets | 40.51% |
| Annual Growth Rate | 31.92% |
| 5-Year Change | 368.2% |
| 10-Year Change | 1632.87% |
| Growth Volatility | 39.79 |
Arman Financial Services Limited - Net Assets Trend (2007–2025)
This chart illustrates how Arman Financial Services Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Arman Financial Services Limited (2007–2025)
The table below shows the annual net assets of Arman Financial Services Limited from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹8.74 Billion | +7.60% |
| 2024-03-31 | ₹8.13 Billion | +122.23% |
| 2023-03-31 | ₹3.66 Billion | +71.94% |
| 2022-03-31 | ₹2.13 Billion | +13.88% |
| 2021-03-31 | ₹1.87 Billion | +8.44% |
| 2020-03-31 | ₹1.72 Billion | +117.40% |
| 2019-03-31 | ₹792.21 Million | +39.22% |
| 2018-03-31 | ₹569.02 Million | +1.61% |
| 2017-03-31 | ₹560.02 Million | +10.98% |
| 2016-03-31 | ₹504.60 Million | +28.57% |
| 2015-03-31 | ₹392.47 Million | +16.42% |
| 2014-03-31 | ₹337.12 Million | +48.22% |
| 2013-03-31 | ₹227.45 Million | +15.56% |
| 2012-03-31 | ₹196.82 Million | +112.42% |
| 2011-03-31 | ₹92.66 Million | +18.30% |
| 2010-03-31 | ₹78.33 Million | +6.85% |
| 2009-03-31 | ₹73.31 Million | +10.39% |
| 2008-03-31 | ₹66.41 Million | +11.22% |
| 2007-03-31 | ₹59.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arman Financial Services Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 358663800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹3.59 Billion | 41.02% |
| Common Stock | ₹104.91 Million | 1.20% |
| Other Comprehensive Income | ₹1.10 Billion | 12.58% |
| Other Components | ₹3.95 Billion | 45.20% |
| Total Equity | ₹8.74 Billion | 100.00% |
Arman Financial Services Limited Competitors by Market Cap
The table below lists competitors of Arman Financial Services Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Humm Group Limited
F:F5L
|
$97.82 Million |
|
Newmax Technology Co Ltd
TWO:3630
|
$97.86 Million |
|
LVMC Holdings
KO:900140
|
$97.88 Million |
|
Alligator Energy Ltd
AU:AGE
|
$97.88 Million |
|
TONGDAO LIEP.GR. DL-0001
F:6WT
|
$97.80 Million |
|
DOFRB
IS:DOFRB
|
$97.79 Million |
|
Bank Artha Graha Internasional
JK:INPC
|
$97.79 Million |
|
199430
KQ:199430
|
$97.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arman Financial Services Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,126,856,000 to 8,744,132,000, a change of 617,276,000 (7.6%).
- Net income of 520,732,000 contributed positively to equity growth.
- Share repurchases of 5,888,000 reduced equity.
- New share issuances of 5,888,000 increased equity.
- Other comprehensive income increased equity by 1,048,263,000.
- Other factors decreased equity by 951,719,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹520.73 Million | +5.96% |
| Share Repurchases | ₹5.89 Million | -0.07% |
| Share Issuances | ₹5.89 Million | +0.07% |
| Other Comprehensive Income | ₹1.05 Billion | +11.99% |
| Other Changes | ₹-951.72 Million | -10.88% |
| Total Change | ₹- | 7.60% |
Book Value vs Market Value Analysis
This analysis compares Arman Financial Services Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.71x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 96.82x to 1.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | ₹14.65 | ₹1418.10 | x |
| 2008-03-31 | ₹16.29 | ₹1418.10 | x |
| 2009-03-31 | ₹17.98 | ₹1418.10 | x |
| 2010-03-31 | ₹19.21 | ₹1418.10 | x |
| 2011-03-31 | ₹22.73 | ₹1418.10 | x |
| 2012-03-31 | ₹41.27 | ₹1418.10 | x |
| 2013-03-31 | ₹32.98 | ₹1418.10 | x |
| 2014-03-31 | ₹54.09 | ₹1418.10 | x |
| 2015-03-31 | ₹56.68 | ₹1418.10 | x |
| 2016-03-31 | ₹72.87 | ₹1418.10 | x |
| 2017-03-31 | ₹80.87 | ₹1418.10 | x |
| 2018-03-31 | ₹81.21 | ₹1418.10 | x |
| 2019-03-31 | ₹89.72 | ₹1418.10 | x |
| 2020-03-31 | ₹230.37 | ₹1418.10 | x |
| 2021-03-31 | ₹220.46 | ₹1418.10 | x |
| 2022-03-31 | ₹250.42 | ₹1418.10 | x |
| 2023-03-31 | ₹414.94 | ₹1418.10 | x |
| 2024-03-31 | ₹902.52 | ₹1418.10 | x |
| 2025-03-31 | ₹827.18 | ₹1418.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arman Financial Services Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.44%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.55x
- Recent ROE (5.96%) is below the historical average (15.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 8.44% | 15.99% | 0.20x | 2.58x | ₹-931.99K |
| 2008 | 10.09% | 17.31% | 0.20x | 2.89x | ₹60.23K |
| 2009 | 9.41% | 15.72% | 0.25x | 2.39x | ₹-431.76K |
| 2010 | 10.06% | 14.05% | 0.20x | 3.58x | ₹48.29K |
| 2011 | 19.57% | 15.89% | 0.23x | 5.41x | ₹8.87 Million |
| 2012 | 15.55% | 19.74% | 0.24x | 3.31x | ₹10.93 Million |
| 2013 | 14.70% | 19.69% | 0.21x | 3.62x | ₹10.69 Million |
| 2014 | 13.43% | 18.51% | 0.22x | 3.31x | ₹11.58 Million |
| 2015 | 15.69% | 20.80% | 0.22x | 3.49x | ₹22.33 Million |
| 2016 | 15.85% | 19.65% | 0.21x | 3.87x | ₹29.52 Million |
| 2017 | 11.29% | 11.80% | 0.25x | 3.84x | ₹7.23 Million |
| 2018 | 12.82% | 9.57% | 0.16x | 8.15x | ₹16.06 Million |
| 2019 | 33.36% | 19.04% | 0.20x | 8.82x | ₹185.09 Million |
| 2020 | 24.11% | 20.33% | 0.23x | 5.20x | ₹242.98 Million |
| 2021 | 5.68% | 5.65% | 0.20x | 5.03x | ₹-80.60 Million |
| 2022 | 14.92% | 14.24% | 0.18x | 5.84x | ₹104.55 Million |
| 2023 | 25.65% | 24.15% | 0.19x | 5.57x | ₹572.42 Million |
| 2024 | 21.36% | 29.59% | 0.22x | 3.24x | ₹923.04 Million |
| 2025 | 5.96% | 8.44% | 0.28x | 2.55x | ₹-353.68 Million |
Industry Comparison
This section compares Arman Financial Services Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $4,002,126,020
- Average return on equity (ROE) among peers: 14.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arman Financial Services Limited (ARMANFIN) | ₹8.72 Billion | 8.44% | 1.47x | $97.80 Million |
| Akme Fintrade India Ltd (AFIL) | $3.82 Billion | 8.69% | 0.77x | $14.54 Million |
| Baid Finserv Limited (BAIDFIN) | $1.30 Billion | 5.85% | 1.62x | $4.85 Million |
| Capital Trust Limited (CAPTRUST) | $93.80 Million | 16.46% | 2.19x | $586.90K |
| Capri Global Capital Limited (CGCL) | $1.53 Billion | 67.12% | 0.54x | $555.03 Million |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $8.02 Billion | 8.68% | 3.62x | $1.74 Billion |
| Capital India Finance Limited (CIFL) | $6.56 Billion | -6.33% | 1.73x | $2.98K |
| CP Capital Limited (CPCAP) | $5.46 Billion | 6.99% | 0.14x | $4.60 Million |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $6.91 Billion | 10.89% | 4.16x | $724.43 Million |
| CSL Finance Limited (CSLFINANCE) | $2.33 Billion | 9.66% | 0.43x | $19.61 Million |