Arman Financial Services Limited Net Assets
Arman Financial Services Limited net assets. Based on the latest financial reports, Arman Financial Services Limited (ARMANFIN) has net assets worth Rs9.33 Billion INR (≈ $100.94 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs27.98 Billion ≈ $302.57 Million USD) and total liabilities (Rs18.64 Billion ≈ $201.64 Million USD). 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. Also explore Arman Financial Services Limited (ARMANFIN) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs9.33 Billion |
| % of Total Assets | 33.36% |
| Annual Growth Rate | 30.46% |
| 5-Year Change | 338.84% |
| 10-Year Change | 1566.61% |
| Growth Volatility | 39.3 |
Net Assets of Arman Financial Services Limited (2007–2026)
Net assets of Arman Financial Services Limited from 2007 to 2026. This chart illustrates how Arman Financial Services Limited's net assets have evolved over time, based on quarterly financial data. See ARMANFIN equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Arman Financial Services Limited (2007–2026)
The table below shows the annual net assets of Arman Financial Services Limited from 2007 to 2026. For live market cap and overall valuation, see ARMANFIN stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs9.33 Billion ≈ $100.94 Million |
+6.74% |
| 2025-03-31 | Rs8.74 Billion ≈ $94.56 Million |
+7.60% |
| 2024-03-31 | Rs8.13 Billion ≈ $87.89 Million |
+122.23% |
| 2023-03-31 | Rs3.66 Billion ≈ $39.55 Million |
+71.94% |
| 2022-03-31 | Rs2.13 Billion ≈ $23.00 Million |
+13.88% |
| 2021-03-31 | Rs1.87 Billion ≈ $20.20 Million |
+8.44% |
| 2020-03-31 | Rs1.72 Billion ≈ $18.63 Million |
+117.40% |
| 2019-03-31 | Rs792.21 Million ≈ $8.57 Million |
+39.22% |
| 2018-03-31 | Rs569.02 Million ≈ $6.15 Million |
+1.61% |
| 2017-03-31 | Rs560.02 Million ≈ $6.06 Million |
+10.98% |
| 2016-03-31 | Rs504.60 Million ≈ $5.46 Million |
+28.57% |
| 2015-03-31 | Rs392.47 Million ≈ $4.24 Million |
+16.42% |
| 2014-03-31 | Rs337.12 Million ≈ $3.65 Million |
+48.22% |
| 2013-03-31 | Rs227.45 Million ≈ $2.46 Million |
+15.56% |
| 2012-03-31 | Rs196.82 Million ≈ $2.13 Million |
+112.42% |
| 2011-03-31 | Rs92.66 Million ≈ $1.00 Million |
+18.30% |
| 2010-03-31 | Rs78.33 Million ≈ $847.09K |
+6.85% |
| 2009-03-31 | Rs73.31 Million ≈ $792.81K |
+10.39% |
| 2008-03-31 | Rs66.41 Million ≈ $718.20K |
+11.22% |
| 2007-03-31 | Rs59.71 Million ≈ $645.73K |
-- |
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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Arman Financial Services Limited Net Assets Breakdown (March 2026)
Arman Financial Services Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs105.13 Million | 1.13% |
| Other Components | Rs9.23 Billion | 98.87% |
| Total Equity | Rs9.33 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 Ltd
AU:HUM
|
$169.70 Million |
|
Equity Commonwealth
NYSE:EQC
|
$169.73 Million |
|
Wallix Group SA
PA:ALLIX
|
$169.74 Million |
|
Xponential Fitness Inc
NYSE:XPOF
|
$169.77 Million |
|
WhiteHorse Finance
NASDAQ:WHF
|
$169.65 Million |
|
Sentral REIT
KLSE:5123
|
$169.59 Million |
|
Phoenix Asia Holdings Limited Ordinary Shares
NASDAQ:PHOE
|
$169.56 Million |
|
NELCO Limited
NSE:NELCO
|
$169.41 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 2025 to 2026, total equity changed from 8,744,132,000 to 9,333,322,000, a change of 589,190,000 (6.7%).
- Net income of 566,053,000 contributed positively to equity growth.
- New share issuances of 10,539,000 increased equity.
- Other comprehensive income decreased equity by 1,100,040,000.
- Other factors increased equity by 1,112,638,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs566.05 Million | +6.06% |
| Share Issuances | Rs10.54 Million | +0.11% |
| Other Comprehensive Income | Rs-1.10 Billion | -11.79% |
| Other Changes | Rs1.11 Billion | +11.92% |
| Total Change | Rs- | 6.74% |
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: 1.69x
- 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 101.86x to 1.69x 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 | Rs14.65 | Rs1491.90 | x |
| 2008-03-31 | Rs16.29 | Rs1491.90 | x |
| 2009-03-31 | Rs17.98 | Rs1491.90 | x |
| 2010-03-31 | Rs19.21 | Rs1491.90 | x |
| 2011-03-31 | Rs22.73 | Rs1491.90 | x |
| 2012-03-31 | Rs41.27 | Rs1491.90 | x |
| 2013-03-31 | Rs32.98 | Rs1491.90 | x |
| 2014-03-31 | Rs54.09 | Rs1491.90 | x |
| 2015-03-31 | Rs56.68 | Rs1491.90 | x |
| 2016-03-31 | Rs72.87 | Rs1491.90 | x |
| 2017-03-31 | Rs80.87 | Rs1491.90 | x |
| 2018-03-31 | Rs81.21 | Rs1491.90 | x |
| 2019-03-31 | Rs89.72 | Rs1491.90 | x |
| 2020-03-31 | Rs230.37 | Rs1491.90 | x |
| 2021-03-31 | Rs220.46 | Rs1491.90 | x |
| 2022-03-31 | Rs250.42 | Rs1491.90 | x |
| 2023-03-31 | Rs414.94 | Rs1491.90 | x |
| 2024-03-31 | Rs902.52 | Rs1491.90 | x |
| 2025-03-31 | Rs827.18 | Rs1491.90 | x |
| 2026-03-31 | Rs883.28 | Rs1491.90 | 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): 6.06%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.29%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 3.00x
- Recent ROE (6.06%) is below the historical average (14.70%), 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 | Rs-931.99K |
| 2008 | 10.09% | 17.31% | 0.20x | 2.89x | Rs60.23K |
| 2009 | 9.41% | 15.72% | 0.25x | 2.39x | Rs-431.76K |
| 2010 | 10.06% | 14.05% | 0.20x | 3.58x | Rs48.29K |
| 2011 | 19.57% | 15.89% | 0.23x | 5.41x | Rs8.87 Million |
| 2012 | 15.55% | 19.74% | 0.24x | 3.31x | Rs10.93 Million |
| 2013 | 14.70% | 19.69% | 0.21x | 3.62x | Rs10.69 Million |
| 2014 | 13.43% | 18.51% | 0.22x | 3.31x | Rs11.58 Million |
| 2015 | 15.69% | 20.80% | 0.22x | 3.49x | Rs22.33 Million |
| 2016 | 15.85% | 19.65% | 0.21x | 3.87x | Rs29.52 Million |
| 2017 | 11.29% | 11.80% | 0.25x | 3.84x | Rs7.23 Million |
| 2018 | 12.82% | 9.57% | 0.16x | 8.15x | Rs16.06 Million |
| 2019 | 33.36% | 19.04% | 0.20x | 8.82x | Rs185.09 Million |
| 2020 | 24.11% | 20.33% | 0.23x | 5.20x | Rs242.98 Million |
| 2021 | 5.68% | 5.65% | 0.20x | 5.03x | Rs-80.60 Million |
| 2022 | 14.92% | 14.24% | 0.18x | 5.84x | Rs104.55 Million |
| 2023 | 25.65% | 24.15% | 0.19x | 5.57x | Rs572.42 Million |
| 2024 | 21.36% | 29.59% | 0.22x | 3.24x | Rs923.04 Million |
| 2025 | 5.96% | 8.44% | 0.28x | 2.55x | Rs-353.68 Million |
| 2026 | 6.06% | 9.29% | 0.22x | 3.00x | Rs-367.28 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: $8,719,497,948
- Average return on equity (ROE) among peers: 9.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arman Financial Services Limited (ARMANFIN) | Rs9.33 Billion | 8.44% | 2.00x | $169.65 Million |
| Akme Fintrade India Ltd (AFIL) | $2.05 Billion | 7.72% | 0.91x | $32.26 Million |
| Baid Finserv Limited (BAIDFIN) | $1.55 Billion | 6.70% | 1.20x | $16.16 Million |
| Bajaj Finance Limited (BAJFINANCE) | $13.58 Billion | 18.18% | 5.27x | $65.26 Billion |
| Capri Global Capital Limited (CGCL) | $11.61 Billion | 5.01% | 0.69x | $2.50 Billion |
| Cholamandalam Investment and Finance Company Limited (CHOLAFIN) | $36.73 Billion | 15.65% | 6.59x | $15.06 Billion |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $8.02 Billion | 8.68% | 3.62x | $2.84 Billion |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $4.60 Billion | 18.10% | 5.11x | $1.83 Billion |
| CSL Finance Limited (CSLFINANCE) | $853.10 Million | 9.36% | 0.06x | $53.52 Million |
| DCM Financial Services Limited (DCMFINSERV) | $-514.32 Million | 0.00% | 0.00x | $1.09 Million |
About 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