Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Arman Financial
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 149 | 150 | 160 | 169 | 183 | 184 | 181 | 165 | 199 | 151 | 159 | 160 | 176 |
| Interest | 63 | 64 | 67 | 71 | 63 | 65 | 65 | 57 | 52 | 52 | 50 | 51 | 53 |
| Expenses + | 37 | 35 | 34 | 42 | 55 | 78 | 93 | 114 | 134 | 110 | 91 | 80 | 80 |
| Financing Profit | 49 | 50 | 59 | 56 | 65 | 41 | 23 | -6 | 13 | -11 | 18 | 29 | 42 |
| Financing Margin % | 33% | 34% | 37% | 33% | 36% | 22% | 13% | -4% | 7% | -7% | 12% | 18% | 24% |
| Other Income + | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 49 | 50 | 58 | 55 | 65 | 41 | 22 | -7 | 13 | -11 | 18 | 29 | 42 |
| Tax % | 26% | 20% | 30% | 24% | 21% | 24% | 32% | 5% | -1% | 31% | 55% | 22% | 3% |
| Net Profit + | 36 | 40 | 41 | 42 | 51 | 31 | 15 | -7 | 13 | -15 | 8 | 22 | 41 |
| EPS in Rs | 42.63 | 47.02 | 46.86 | 42.91 | 48.51 | 29.87 | 14.56 | -6.92 | 12.16 | -13.90 | 7.60 | 21.10 | 39.01 |
| Gross NPA % | 2.80% | 2.50% | 2.48% | 2.83% | 2.88% | 2.68% | 3.74% | 4.13% | 3.37% | 3.45% | 3.70% | 3.46% | |
| Net NPA % | 0.20% | 0.10% | 0.23% | 0.33% | 0.31% | 0.22% | 0.64% | 0.67% | 0.55% | 0.51% | 0.50% | 0.79% |
Financials of Arman Financial
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 30 | 41 | 54 | 78 | 139 | 214 | 195 | 235 | 424 | 661 | 730 | 646 |
| Interest | 11 | 16 | 24 | 34 | 59 | 88 | 79 | 89 | 172 | 266 | 240 | 205 |
| Expenses + | 9 | 12 | 20 | 34 | 44 | 72 | 103 | 99 | 126 | 166 | 419 | 361 |
| Financing Profit | 9 | 12 | 10 | 10 | 37 | 53 | 13 | 46 | 126 | 229 | 71 | 79 |
| Financing Margin % | 32% | 30% | 19% | 13% | 26% | 25% | 6% | 20% | 30% | 35% | 10% | 12% |
| Other Income + | 0 | 0 | 0 | 0 | 0 | 1 | 0 | -0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| Profit before tax | 9 | 12 | 10 | 10 | 36 | 54 | 12 | 46 | 125 | 228 | 69 | 77 |
| Tax % | 33% | 34% | 36% | 26% | 27% | 23% | 10% | 30% | 25% | 24% | 25% | 27% |
| Net Profit + | 6 | 8 | 6 | 7 | 26 | 42 | 11 | 32 | 94 | 174 | 52 | 57 |
| EPS in Rs | 10.77 | 13.99 | 11.05 | 12.76 | 45.98 | 49.13 | 12.51 | 37.35 | 110.46 | 165.67 | 49.64 | 53.85 |
| Dividend Payout % | 13% | 12% | 11% | 9% | 4% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Arman Financial
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 10 | 10 | 11 |
| Reserves | 32 | 39 | 44 | 50 | 116 | 164 | 178 | 204 | 355 | 802 | 864 | 923 |
| Borrowing | 93 | 143 | 157 | 395 | 612 | 698 | 721 | 990 | 1,607 | 1,725 | 1,232 | 1,776 |
| Other Liabilities + | 6 | 7 | 7 | 12 | 18 | 26 | 32 | 39 | 68 | 97 | 121 | 89 |
| Total Liabilities | 137 | 195 | 215 | 465 | 753 | 896 | 940 | 1,241 | 2,038 | 2,635 | 2,227 | 2,798 |
| Fixed Assets + | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 5 | 6 | 8 | 31 | 32 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| Investments | 0 | 1 | 2 | 3 | 3 | 3 | 3 | 6 | 19 | 7 | 39 | 92 |
| Other Assets + | 136 | 192 | 210 | 459 | 746 | 888 | 933 | 1,231 | 2,013 | 2,620 | 2,157 | 2,671 |
| Total Assets | 137 | 195 | 215 | 465 | 753 | 896 | 940 | 1,241 | 2,038 | 2,635 | 2,227 | 2,798 |
Financials of Arman Financial
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 7 | -1 | 21 | -203 | -221 | -76 | 6 | -281 | -718 | -302 | 493 | |
| Cash from Investing Activity + | -1 | -7 | -2 | -12 | -1 | 2 | 2 | -2 | -13 | 18 | -49 | |
| Cash from Financing Activity + | -5 | 1 | -9 | 205 | 252 | 94 | 22 | 270 | 681 | 376 | -495 | |
| Net Cash Flow | 1 | -7 | 10 | -9 | 30 | 20 | 30 | -12 | -49 | 92 | -51 | |
| Free Cash Flow | 6 | -2 | 21 | -203 | -222 | -77 | 5 | -282 | -720 | -305 | 467 | |
| CFO/OP | 49% | 12% | 74% | -447% | -223% | -41% | 13% | -194% | -232% | -49% | 168% |
Financials of Arman Financial
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 17% | 19% | 13% | 14% | 29% | 28% | 6% | 16% | 33% | 30% | 6% | 6% |
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