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Earnings Call

Arman Financial Services Earnings Call: Key Takeaways

Arman Financial Services reports record AUM of ₹2,728 crores (up 22% YoY) for FY26. Strategy focused on separating credit/recovery functions and shifting to individual credit models.

Why this was an Alfa AlertNot a filter event. Performance was strong but no explicit beat of prior guidance >10% was stated.
Highlights
Revenue growthFY26 Gross Total Income at ₹433 crores.
MarginsYields stable/improving; credit cost ballpark target around 3% for FY27.
Demand visibilityStrong underlying credit demand remains intact despite macroeconomic headwinds.
Management confidenceHigh; cited industry moving beyond most difficult phase into stable growth.

Growth

Consolidated PAT grew 220% YoY for Q4 to ₹41cr and 9% for FY26 to ₹57cr.

Outlook

Targeting 25% growth in MSME and LAP for FY27; aiming to reduce opex-to-AUM from 9% to 7%.

Risks

Global uncertainty, West Asia conflict, and inflationary pressures on rural borrower behavior.

Last quarter's promises, checked

Delivered

  • Guided Q4 growth better than Q3 → delivered Q4 PAT ₹41cr vs Q3 ₹22cr (= BEAT)
  • Targeted monthly LAP disbursement ₹1cr by March → delivered via record Q4 disbursements (= BEAT)
  • Guided MFI GNPA reduction in Q4 → delivered 3.4% to lower trend (= BEAT)

Partly delivered

  • Guided FY27 growth ~25% → current AUM growth at 22% (= PARTIAL)
Source

Earnings Call filed with NSE, NSE: ARMANFIN. Summary written with AI assistance from the document.

Read the document ↗

Arman Financial Services Ltd: key numbers

Share price
₹1,885.60
Market cap
₹1,989 Cr
Revenue (annual)
₹645.9 Cr
Net profit (annual)
₹56.61 Cr
P/E (TTM)
17.1×Sector 22.0×
Promoter holding
22.00%+0.00% QoQ
FII holding
3.08%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Value
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