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Fundamentals
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Resistance/Support
Delivery and Volume
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Arman Financial Services Ltd Performance

Today's Low
2,030.00
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Today's High
2,086.95
52 Wk Low
1,465.00
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52 Wk High
2,680.00


Open

2030

Traded Value (Cr)

0.45

Prev. Close

2075.9

Face Value

10

Volume

2162

Arman Financial Services Ltd Fundamentals

Market Cap
₹ 2162.3 Cr
P/E Ratio (TTM)
13.60
P/B Ratio
2.74
Debt to Equity
4.49
ROE
15.42
EPS (TTM)
151.72
Dividend Yield
0.00 %
Book Value
752.11

Click here to know more about Fundamentals

Arman Financial Services Ltd Financials

Arman Financial Services Ltd Financials

Arman Financial Services Ltd Shareholding Pattern

Held By Mar 2024 Mar 2024 Dec 2023 Dec 2023
Retail 32.61 % 32.42 % 29.21 % 29.21 %
Others 31.30 % 31.48 % 35.11 % 35.11 %
Promoters 22.09 % 22.09 % 23.72 % 23.72 %
FII 10.19 % 10.20 % 7.29 % 7.29 %
Mutual Funds 3.81 % 3.81 % 4.67 % 4.67 %

Retail

32.61%

Others

31.30%

Promoters

22.09%

FII

10.19%

Mutual Funds

3.81%

Retail

32.42%

Others

31.48%

Promoters

22.09%

FII

10.20%

Mutual Funds

3.81%

Retail

29.21%

Others

35.11%

Promoters

23.72%

FII

7.29%

Mutual Funds

4.67%

Retail

29.21%

Others

35.11%

Promoters

23.72%

FII

7.29%

Mutual Funds

4.67%

Resistance and Support

₹2,064.28

PIVOT

resistance-arrow
Resistance
First Resistance₹2,098.567
Second Resistance₹2,121.233
Third Resistance₹2,155.517
support-arrow
Support
First Support₹2,041.617
Second Support₹2,007.333
Third Support₹1,984.667

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day10,3476,86752.67
Week13,0376,99410.90
1 Month13,03711,41810.90
6 Months4,732,4102,472,12555.41

About Arman Financial Services Ltd

Arman Financial Services Limited (Arman) is an India-based, non-banking finance company. The Company provides two wheeler, three wheeler financing, inter-corporate deposit (ICD), micro financing and personal financing. The Company operates through two segments: JLG Microfinance and Asset-backed Microfinance (two-wheeler/three-wheeler financing). Arman's Micro Finance operations have 14 branches operational all over Gujarat in urban, semi-urban and rural areas. Arman Financial Services Limited was originally incorporated on November 26, 1992 as an earstwhile Arman Lease & Finance Ltd. The company is a public limited listed company. It issued 28,00,000 Equity shares of Rs. 10 each on August 21, 1995 aggregating to Rs 280 lacs after receiving an overwhelming response from the public for its public issue which was oversubscribed by 7 times in the category of small investor and more than 22 times in case of applicants with application of more than 1000 shares. The main objects of the company consist of providing a wide spectrum of financial services both Fund based and Non Fund Based activities which includes term loans, collateral free credit, other forms of credits, thrift and savings and insurance. Arman also plans to render financial services to people by acting as intermediary for banks and financial institutions in the cities, towns, villages of India. During the fiscal year ended March 31, 2010, the Asset-backed Microfinance segment had 5,315 active borrowers, and the portfolio outstanding stood at approximately 2.9 billion. Arman operates all over the Ahmedabad. Its loans sizes are small and are within the repayment capacity of the borrower. They qualify for little higher loan if they repay the first loan. The Company does not have brokers in Micro finance. It only lends to group of ladies where in if one borrower defaults, the whole group is made responsible. The Company incorporated a wholly owned subsidiary M/s Namra Finance Limited on 27 March, 2012. M/s Namra Finance Limited a wholly owned subsidiary became the first company in India to receive 'NBFC-MFI' license, which accordingly commenced business effective from February 15, 2013. Arman's Microfinance operations got demerged into its wholly owned subsidiary, Namra Finance which completed in FY 2013-14. The Company started its operation of micro finance in the state of Uttar Pradesh and Maharashtra during FY 2016-17.

Managing Director

1992

Founded

JAYENDRA PATEL

NSE Symbol

ARMANFIN

Arman Financial Services Ltd Management

NameDesignation
Chinubhai R ShahChairman
JAYENDRA PATELVice Chairman & M.D.
Jayendra B PatelVice Chairman & M.D.
Ritaben Jayendrabhai PatelNon-Exec & Non-Independent Dir
Ramakant Nagpal.Non-Exec. & Independent Dir.
Amit R ManakiwalaWhole-time Director
AALOK JAYENDRABHAI PATELJoint Managing Director
Kaushikbhai D ShahDirector
Ritaben J PatelDirector
Aakash Jayendra PatelNon-Exec & Non-Independent Dir
Aakash J PatelDirector
Jaimish Govindbhai patelCompany Secretary
Nilesh H TrivediDirector
Aalok J PatelDirector
Alok PrasadChairman & Independent Directo
Geeta SolankiNon-Exec. & Independent Dir.
Yash Kaushik ShahAddtnl Independent Director

Arman Financial Services Ltd News

Arman Financial Services to discuss results
On 27 May 2024
Arman Financial Services allots 1,910 equity shares under ESOP
Arman Financial Services consolidated net profit rises 91.08% in the December 2023 quarter
Sales rise 63.78% to Rs 168.76 crore
Arman Financial Services to table results
On 3 February 2024
Arman Financial Services raises Rs 230 cr via QIP issue
Arman Financial Services raises Rs 300 cr via QIP issue
Arman Financial Services to hold board meeting
On 22 December 2023
Arman Financial Services consolidated net profit rises 104.92% in the September 2023 quarter
Sales rise 73.05% to Rs 160.33 crore
Arman Financial Services standalone net profit rises 12.41% in the September 2023 quarter
Sales rise 56.24% to Rs 33.78 crore
Arman Financial Services to conduct board meeting
On 1 November 2023

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Arman Financial Services Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Arman Financial Services Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Arman Financial Services Ltd's share price is ₹2,075.90 as of May 18, 2024 at 01:44 PM

Arman Financial Services Ltd's P/E ratio is 13.60 times as of May 18, 2024 at 01:44 PM.

Arman Financial Services Ltd's most recent financial reports indicate a price-to-book ratio of 2.74, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Arman Financial Services Ltd's market is 2,162 Cr as on May 18, 2024 at 01:44 PM.

The current financial records of Arman Financial Services Ltd show a 15.42% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Arman Financial Services Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Arman Financial Services Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Arman Financial Services Ltd's 52-week high and low as of May 18, 2024 at 01:44 PM are ₹2680 and ₹2680 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Arman Financial Services Ltd stands at 22.09%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 10.20% to 10.19%.