Arman Financial Services Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 21, 2025, 2:17 pm

Market Cap	1,711 Cr.
Current Price	1,631
High / Low	2,542/1,110
Stock P/E	19.0
Book Value	825
Dividend Yield	0.00 %
ROCE	21.9 %
ROE	29.5 %
Face Value	10.0
PEG Ratio	0.40

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Arman Financial Services Ltd

Competitors of Arman Financial Services Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Minolta Finance Ltd	15.0 Cr.	1.50	1.91/0.65	167	1.08	0.00 %	0.59 %	0.47 %	1.00
Money Masters Leasing & Finance Ltd	17.0 Cr.	1.69	19.5/1.69	21.7	1.56	0.00 %	2.57 %	4.07 %	1.00
Moneyboxx Finance Ltd	749 Cr.	229	373/158	70.3	81.0	0.00 %	11.4 %	7.45 %	10.0
Moongipa Capital Finance Ltd	19.5 Cr.	21.3	41.0/17.7	10.1	8.69	0.00 %	34.9 %	31.6 %	10.0
Morarka Finance Ltd	51.5 Cr.	114	191/95.0	18.4	387	5.25 %	4.04 %	3.58 %	10.0
Industry Average	26,684.91 Cr	539.13		40.86	534.29	0.26%	19.41%	10.52%	8.49

All Competitor Stocks of Arman Financial Services Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Revenue	58.46	75.81	78.90	92.65	103.04	149.31	149.51	160.33	168.76	182.85	184.43	181.49	164.77
Interest	25.21	24.70	28.57	36.07	44.04	63.31	63.97	67.35	71.20	62.95	65.37	65.26	56.98
Expenses	23.69	28.69	30.04	29.60	29.30	36.86	35.42	34.13	42.02	54.97	77.63	93.48	114.22
Financing Profit	9.56	22.42	20.29	26.98	29.70	49.14	50.12	58.85	55.54	64.93	41.43	22.75	-6.43
Financing Margin %	16.35%	29.57%	25.72%	29.12%	28.82%	32.91%	33.52%	36.71%	32.91%	35.51%	22.46%	12.54%	-3.90%
Other Income	0.22	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.07	0.00	0.00	0.00
Depreciation	0.20	0.34	0.27	0.26	0.31	0.31	0.32	0.36	0.36	0.38	0.42	0.44	0.46
Profit before tax	9.58	22.08	20.02	26.72	29.39	48.83	49.80	58.49	55.18	64.62	41.01	22.31	-6.89
Tax %	26.72%	26.22%	21.48%	25.41%	25.25%	25.89%	19.80%	30.21%	23.89%	21.36%	23.65%	31.60%	5.37%
Net Profit	7.02	16.28	15.71	19.92	21.98	36.20	39.94	40.82	42.00	50.82	31.30	15.27	-7.26
EPS in Rs	8.27	19.17	18.50	23.46	25.88	42.63	47.02	46.86	42.91	48.51	29.87	14.57	-6.93
Gross NPA %		4.10%	3.60%			2.80%	2.50%	2.48%	2.83%	2.88%	2.68%	3.74%	4.13%
Net NPA %		0.70%	0.30%			0.20%	0.10%	0.23%	0.33%	0.31%	0.22%	0.64%	0.67%

Last Updated: March 3, 2025, 5:33 pm

Below is a detailed analysis of the quarterly data for Arman Financial Services Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Interest, as of Dec 2024, the value is 56.98 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 65.26 Cr. (Sep 2024) to 56.98 Cr., marking a decrease of 8.28 Cr..
For Expenses, as of Dec 2024, the value is 114.22 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 93.48 Cr. (Sep 2024) to 114.22 Cr., marking an increase of 20.74 Cr..
For Other Income, as of Dec 2024, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Depreciation, as of Dec 2024, the value is 0.46 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.44 Cr. (Sep 2024) to 0.46 Cr., marking an increase of 0.02 Cr..
For Profit before tax, as of Dec 2024, the value is -6.89 Cr.. The value appears to be declining and may need further review. It has decreased from 22.31 Cr. (Sep 2024) to -6.89 Cr., marking a decrease of 29.20 Cr..
For Tax %, as of Dec 2024, the value is 5.37%. The value appears to be improving (decreasing) as expected. It has decreased from 31.60% (Sep 2024) to 5.37%, marking a decrease of 26.23%.
For Net Profit, as of Dec 2024, the value is -7.26 Cr.. The value appears to be declining and may need further review. It has decreased from 15.27 Cr. (Sep 2024) to -7.26 Cr., marking a decrease of 22.53 Cr..
For EPS in Rs, as of Dec 2024, the value is -6.93. The value appears to be declining and may need further review. It has decreased from 14.57 (Sep 2024) to -6.93, marking a decrease of 21.50.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:15 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Revenue	17	24	30	41	54	78	139	214	195	235	424	661	714
Interest	6	9	11	16	24	34	59	88	79	89	172	266	251
Expenses	6	9	9	12	20	34	44	72	103	99	126	166	340
Financing Profit	5	7	9	12	10	10	37	53	13	46	126	229	123
Financing Margin %	29%	28%	32%	30%	19%	13%	26%	25%	6%	20%	30%	35%	17%
Other Income	0	0	0	0	0	0	0	1	0	-0	0	0	0
Depreciation	0	0	0	0	0	0	0	1	1	1	1	1	2
Profit before tax	5	7	9	12	10	10	36	54	12	46	125	228	121
Tax %	30%	32%	33%	34%	36%	26%	27%	23%	10%	30%	25%	24%
Net Profit	3	5	6	8	6	7	26	42	11	32	94	174	90
EPS in Rs	5.91	7.92	10.77	13.99	11.05	12.76	45.98	49.13	12.51	37.35	110.46	165.67	86.02
Dividend Payout %	14%	15%	13%	12%	11%	9%	4%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	66.67%	20.00%	33.33%	-25.00%	16.67%	271.43%	61.54%	-73.81%	190.91%	193.75%	85.11%
Change in YoY Net Profit Growth (%)	0.00%	-46.67%	13.33%	-58.33%	41.67%	254.76%	-209.89%	-135.35%	264.72%	2.84%	-108.64%

Arman Financial Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	39%
5 Years:	37%
3 Years:	50%
TTM:	14%

Compounded Profit Growth
10 Years:	44%
5 Years:	46%
3 Years:	154%
TTM:	-43%

Stock Price CAGR
10 Years:	28%
5 Years:	31%
3 Years:	12%
1 Year:	-18%

Return on Equity
10 Years:	24%
5 Years:	25%
3 Years:	28%
Last Year:	30%

Last Updated: Unknown

Balance Sheet

Last Updated: April 13, 2025, 4:04 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	6	7	7	7	7	7	7	8	8	8	8	10	10
Reserves	17	27	32	39	44	50	116	164	178	204	355	802	854
Borrowing	58	75	93	143	157	395	612	698	721	990	1,607	1,725	1,439
Other Liabilities	2	3	6	7	7	12	18	26	32	39	68	97	89
Total Liabilities	82	112	137	195	215	465	753	896	940	1,241	2,038	2,635	2,393
Fixed Assets	1	2	2	2	3	3	4	4	4	5	6	8	31
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	0	1	2	3	3	3	3	6	19	7	22
Other Assets	81	110	136	192	210	459	746	888	933	1,231	2,013	2,620	2,339
Total Assets	82	112	137	195	215	465	753	896	940	1,241	2,038	2,635	2,393

Below is a detailed analysis of the balance sheet data for Arman Financial Services Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹10.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 10.00 Cr..
For Reserves, as of Sep 2024, the value is ₹854.00 Cr.. The value appears strong and on an upward trend. It has increased from 802.00 Cr. (Mar 2024) to ₹854.00 Cr., marking an increase of 52.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹89.00 Cr.. The value appears to be improving (decreasing). It has decreased from 97.00 Cr. (Mar 2024) to ₹89.00 Cr., marking a decrease of 8.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹2,393.00 Cr.. The value appears to be improving (decreasing). It has decreased from 2,635.00 Cr. (Mar 2024) to ₹2,393.00 Cr., marking a decrease of 242.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹31.00 Cr.. The value appears strong and on an upward trend. It has increased from 8.00 Cr. (Mar 2024) to ₹31.00 Cr., marking an increase of 23.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Sep 2024, the value is ₹22.00 Cr.. The value appears strong and on an upward trend. It has increased from 7.00 Cr. (Mar 2024) to ₹22.00 Cr., marking an increase of 15.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹2,339.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,620.00 Cr. (Mar 2024) to ₹2,339.00 Cr., marking a decrease of 281.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹2,393.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,635.00 Cr. (Mar 2024) to ₹2,393.00 Cr., marking a decrease of 242.00 Cr..

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-24	-6	7	-1	21	-203	-221	-76	6	-281	-718	-302
Cash from Investing Activity +	0	-2	-1	-7	-2	-12	-1	2	2	-2	-13	18
Cash from Financing Activity +	22	16	-5	1	-9	205	252	94	22	270	681	376
Net Cash Flow	-2	8	1	-7	10	-9	30	20	30	-12	-49	92

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-52.00	-66.00	-84.00	-131.00	-137.00	-361.00	-568.00	-626.00	-618.00	-891.00	125.00	165.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
ROE %	16%	16%	17%	19%	13%	14%	29%	28%	6%	16%	33%	30%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	27.45%	27.39%	27.36%	27.35%	27.31%	27.26%	26.58%	23.65%	22.09%	22.09%	22.07%	22.07%
FIIs	4.94%	5.14%	5.28%	5.13%	5.04%	4.86%	3.89%	6.64%	10.20%	5.18%	4.90%	1.97%
DIIs	0.09%	0.47%	0.53%	0.76%	0.76%	0.81%	0.77%	7.66%	6.29%	6.16%	5.03%	4.51%
Public	67.52%	67.00%	66.82%	66.76%	66.89%	67.05%	68.76%	62.05%	61.41%	66.56%	68.01%	71.44%
No. of Shareholders	9,804	10,113	11,134	11,053	11,196	12,185	13,758	15,688	19,745	21,676	36,339	42,629

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
UTI Banking & Financial Services Fund	91,110	1.39	15.96	91,110	2025-04-19 23:33:52	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	195.00	110.47	37.36	12.53	55.80
Diluted EPS (Rs.)	192.76	110.47	37.35	12.53	55.54
Cash EPS (Rs.)	167.03	111.83	38.48	13.46	50.08
Book Value[Excl.RevalReserv]/Share (Rs.)	775.70	355.45	250.47	220.02	203.79
Book Value[Incl.RevalReserv]/Share (Rs.)	775.70	355.45	250.47	220.02	203.79
Revenue From Operations / Share (Rs.)	631.35	499.16	275.58	224.94	250.28
PBDIT / Share (Rs.)	472.46	351.03	160.07	106.05	168.23
PBIT / Share (Rs.)	471.10	349.67	158.94	105.10	167.28
PBT / Share (Rs.)	217.71	147.14	53.60	13.86	63.63
Net Profit / Share (Rs.)	165.67	110.47	37.36	12.51	49.13
NP After MI And SOA / Share (Rs.)	165.67	110.47	37.36	12.51	49.13
PBDIT Margin (%)	74.83	70.32	58.08	47.14	67.21
PBIT Margin (%)	74.61	70.05	57.67	46.72	66.83
PBT Margin (%)	34.48	29.47	19.45	6.16	25.42
Net Profit Margin (%)	26.24	22.13	13.55	5.55	19.63
NP After MI And SOA Margin (%)	26.24	22.13	13.55	5.55	19.63
Return on Networth / Equity (%)	21.35	31.07	14.91	5.68	24.10
Return on Capital Employeed (%)	59.68	79.00	30.84	23.09	47.92
Return On Assets (%)	6.58	4.60	2.55	1.12	4.63
Long Term Debt / Equity (X)	0.00	0.00	1.03	1.03	0.70
Total Debt / Equity (X)	2.12	5.32	4.65	3.86	4.05
Asset Turnover Ratio (%)	0.28	0.25	0.09	0.10	0.12
Current Ratio (X)	1.44	1.21	1.52	1.67	1.47
Quick Ratio (X)	1.44	1.21	1.52	1.67	1.47
Interest Coverage Ratio (X)	1.86	1.73	1.52	1.16	1.62
Interest Coverage Ratio (Post Tax) (X)	1.65	1.55	1.35	1.14	1.47
Enterprise Value (Cr.)	3129.92	2303.82	1687.64	1069.74	948.43
EV / Net Operating Revenue (X)	4.73	5.43	7.21	5.60	4.48
EV / EBITDA (X)	6.32	7.73	12.42	11.88	6.67
MarketCap / Net Operating Revenue (X)	2.92	2.67	3.59	2.71	1.64
Price / BV (X)	2.37	3.74	3.95	2.77	2.02
Price / Net Operating Revenue (X)	2.92	2.67	3.59	2.71	1.64
EarningsYield	0.08	0.08	0.03	0.02	0.11

After reviewing the key financial ratios for Arman Financial Services Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 195.00. This value is within the healthy range. It has increased from 110.47 (Mar 23) to 195.00, marking an increase of 84.53.
For Diluted EPS (Rs.), as of Mar 24, the value is 192.76. This value is within the healthy range. It has increased from 110.47 (Mar 23) to 192.76, marking an increase of 82.29.
For Cash EPS (Rs.), as of Mar 24, the value is 167.03. This value is within the healthy range. It has increased from 111.83 (Mar 23) to 167.03, marking an increase of 55.20.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 775.70. It has increased from 355.45 (Mar 23) to 775.70, marking an increase of 420.25.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 775.70. It has increased from 355.45 (Mar 23) to 775.70, marking an increase of 420.25.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 631.35. It has increased from 499.16 (Mar 23) to 631.35, marking an increase of 132.19.
For PBDIT / Share (Rs.), as of Mar 24, the value is 472.46. This value is within the healthy range. It has increased from 351.03 (Mar 23) to 472.46, marking an increase of 121.43.
For PBIT / Share (Rs.), as of Mar 24, the value is 471.10. This value is within the healthy range. It has increased from 349.67 (Mar 23) to 471.10, marking an increase of 121.43.
For PBT / Share (Rs.), as of Mar 24, the value is 217.71. This value is within the healthy range. It has increased from 147.14 (Mar 23) to 217.71, marking an increase of 70.57.
For Net Profit / Share (Rs.), as of Mar 24, the value is 165.67. This value is within the healthy range. It has increased from 110.47 (Mar 23) to 165.67, marking an increase of 55.20.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 165.67. This value is within the healthy range. It has increased from 110.47 (Mar 23) to 165.67, marking an increase of 55.20.
For PBDIT Margin (%), as of Mar 24, the value is 74.83. This value is within the healthy range. It has increased from 70.32 (Mar 23) to 74.83, marking an increase of 4.51.
For PBIT Margin (%), as of Mar 24, the value is 74.61. This value exceeds the healthy maximum of 20. It has increased from 70.05 (Mar 23) to 74.61, marking an increase of 4.56.
For PBT Margin (%), as of Mar 24, the value is 34.48. This value is within the healthy range. It has increased from 29.47 (Mar 23) to 34.48, marking an increase of 5.01.
For Net Profit Margin (%), as of Mar 24, the value is 26.24. This value exceeds the healthy maximum of 10. It has increased from 22.13 (Mar 23) to 26.24, marking an increase of 4.11.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 26.24. This value exceeds the healthy maximum of 20. It has increased from 22.13 (Mar 23) to 26.24, marking an increase of 4.11.
For Return on Networth / Equity (%), as of Mar 24, the value is 21.35. This value is within the healthy range. It has decreased from 31.07 (Mar 23) to 21.35, marking a decrease of 9.72.
For Return on Capital Employeed (%), as of Mar 24, the value is 59.68. This value is within the healthy range. It has decreased from 79.00 (Mar 23) to 59.68, marking a decrease of 19.32.
For Return On Assets (%), as of Mar 24, the value is 6.58. This value is within the healthy range. It has increased from 4.60 (Mar 23) to 6.58, marking an increase of 1.98.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 24, the value is 2.12. This value exceeds the healthy maximum of 1. It has decreased from 5.32 (Mar 23) to 2.12, marking a decrease of 3.20.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.28. It has increased from 0.25 (Mar 23) to 0.28, marking an increase of 0.03.
For Current Ratio (X), as of Mar 24, the value is 1.44. This value is below the healthy minimum of 1.5. It has increased from 1.21 (Mar 23) to 1.44, marking an increase of 0.23.
For Quick Ratio (X), as of Mar 24, the value is 1.44. This value is within the healthy range. It has increased from 1.21 (Mar 23) to 1.44, marking an increase of 0.23.
For Interest Coverage Ratio (X), as of Mar 24, the value is 1.86. This value is below the healthy minimum of 3. It has increased from 1.73 (Mar 23) to 1.86, marking an increase of 0.13.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 1.65. This value is below the healthy minimum of 3. It has increased from 1.55 (Mar 23) to 1.65, marking an increase of 0.10.
For Enterprise Value (Cr.), as of Mar 24, the value is 3,129.92. It has increased from 2,303.82 (Mar 23) to 3,129.92, marking an increase of 826.10.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 4.73. This value exceeds the healthy maximum of 3. It has decreased from 5.43 (Mar 23) to 4.73, marking a decrease of 0.70.
For EV / EBITDA (X), as of Mar 24, the value is 6.32. This value is within the healthy range. It has decreased from 7.73 (Mar 23) to 6.32, marking a decrease of 1.41.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.92. This value is within the healthy range. It has increased from 2.67 (Mar 23) to 2.92, marking an increase of 0.25.
For Price / BV (X), as of Mar 24, the value is 2.37. This value is within the healthy range. It has decreased from 3.74 (Mar 23) to 2.37, marking a decrease of 1.37.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.92. This value is within the healthy range. It has increased from 2.67 (Mar 23) to 2.92, marking an increase of 0.25.
For EarningsYield, as of Mar 24, the value is 0.08. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.08.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Arman Financial Services Ltd as of April 22, 2025 is: 3,773.29

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 22, 2025, Arman Financial Services Ltd is Undervalued by 131.35% compared to the current share price 1,631.00

Intrinsic Value of Arman Financial Services Ltd as of April 22, 2025 is: 5,548.67

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 22, 2025, Arman Financial Services Ltd is Undervalued by 240.20% compared to the current share price 1,631.00

Last 5 Year EPS CAGR: 47.05%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Arman Financial Services Ltd:
1. Net Profit Margin: 26.24%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 59.68% (Industry Average ROCE: 19.41%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 21.35% (Industry Average ROE: 10.52%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.65
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.44
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 19 (Industry average Stock P/E: 40.86)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 2.12
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Arman Financial Services Ltd. is a Public Limited Listed company incorporated on 26/11/1992 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L55910GJ1992PLC018623 and registration number is 018623. Currently Company is involved in the business activities of Other credit granting. Company's Total Operating Revenue is Rs. 133.51 Cr. and Equity Capital is Rs. 10.48 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Non-Banking Financial Company (NBFC)	502-503, Sakar III, Ahmedabad Gujarat 380014	secretarial@armanindia.com http://www.armanindia.com

Management
Name	Position Held
Mr. Alok N Prasad	Chairman
Mr. Jayendrabhai B Patel	Vice Chairman & Mng.Director
Mr. Aalok J Patel	Joint Managing Director
Mrs. Ritaben J Patel	Non Executive Director
Mr. Aakash J Patel	Non Executive Director
Mr. Pinakin S Shah	Independent Director
Mr. Yash Kaushik Shah	Independent Director
Mrs. Geeta Haresh Solanki	Independent Director

FAQ

What is the intrinsic value of Arman Financial Services Ltd?

Arman Financial Services Ltd's intrinsic value (as of 22 April 2025) is ₹3773.29 — 131.35% higher the current market price of 1,631.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,711 Cr. market cap, FY2025-2026 high/low of ₹2,542/1,110, reserves of 854 Cr, and liabilities of 2,393 Cr.

What is the Market Cap of Arman Financial Services Ltd?

The Market Cap of Arman Financial Services Ltd is 1,711 Cr..

What is the current Stock Price of Arman Financial Services Ltd as on 22 April 2025?

The current stock price of Arman Financial Services Ltd as on 22 April 2025 is 1,631.

What is the High / Low of Arman Financial Services Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Arman Financial Services Ltd stocks is ₹2,542/1,110.

What is the Stock P/E of Arman Financial Services Ltd?

The Stock P/E of Arman Financial Services Ltd is 19.0.

What is the Book Value of Arman Financial Services Ltd?

The Book Value of Arman Financial Services Ltd is 825.

What is the Dividend Yield of Arman Financial Services Ltd?

The Dividend Yield of Arman Financial Services Ltd is 0.00 %.

What is the ROCE of Arman Financial Services Ltd?

The ROCE of Arman Financial Services Ltd is 21.9 %.

What is the ROE of Arman Financial Services Ltd?

The ROE of Arman Financial Services Ltd is 29.5 %.

What is the Face Value of Arman Financial Services Ltd?

The Face Value of Arman Financial Services Ltd is 10.0.