Aryaman Financial Services Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 24, 2025, 8:32 pm

Market Cap	627 Cr.
Current Price	537
High / Low	550/249
Stock P/E	26.0
Book Value	73.6
Dividend Yield	0.00 %
ROCE	25.8 %
ROE	27.4 %
Face Value	10.0
PEG Ratio	0.26

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Aryaman Financial Services Ltd

Competitors of Aryaman 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	14.9 Cr.	1.49	1.91/0.65	166	1.08	0.00 %	0.59 %	0.47 %	1.00
Money Masters Leasing & Finance Ltd	17.2 Cr.	1.71	19.5/1.61	22.0	1.56	0.00 %	2.57 %	4.07 %	1.00
Moneyboxx Finance Ltd	771 Cr.	236	373/158	72.4	81.0	0.00 %	11.4 %	7.45 %	10.0
Moongipa Capital Finance Ltd	20.8 Cr.	22.7	41.0/17.7	10.7	8.69	0.00 %	34.9 %	31.6 %	10.0
Morarka Finance Ltd	51.7 Cr.	115	191/95.0	18.4	387	5.23 %	4.04 %	3.58 %	10.0
Industry Average	26,448.22 Cr	535.01		40.99	534.29	0.26%	19.41%	10.52%	8.49

All Competitor Stocks of Aryaman 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
Sales	8	24	9	7	25	13	12	32	17	6	11	25	38
Expenses	8	24	8	5	18	15	10	10	8	5	4	16	11
Operating Profit	0	0	2	2	7	-3	1	21	8	1	7	9	26
OPM %	4%	2%	18%	23%	29%	-23%	11%	67%	50%	18%	65%	35%	70%
Other Income	0	0	0	0	1	1	1	1	1	1	1	1	1
Interest	1	1	1	1	1	1	1	1	1	1	1	1	1
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	-0	0	1	1	7	-3	1	21	8	2	7	9	26
Tax %	233%	1,400%	24%	15%	11%	-4%	25%	13%	16%	16%	14%	24%	16%
Net Profit	-0	-0	1	1	6	-3	1	18	7	1	6	7	22
EPS in Rs	-0.07	-0.06	0.68	0.82	3.70	-1.84	0.63	9.23	4.42	0.82	3.14	4.52	12.19

Last Updated: February 28, 2025, 3:25 pm

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

For Sales, as of Dec 2024, the value is 38.00 Cr.. The value appears strong and on an upward trend. It has increased from 25.00 Cr. (Sep 2024) to 38.00 Cr., marking an increase of 13.00 Cr..
For Expenses, as of Dec 2024, the value is 11.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 16.00 Cr. (Sep 2024) to 11.00 Cr., marking a decrease of 5.00 Cr..
For Operating Profit, as of Dec 2024, the value is 26.00 Cr.. The value appears strong and on an upward trend. It has increased from 9.00 Cr. (Sep 2024) to 26.00 Cr., marking an increase of 17.00 Cr..
For OPM %, as of Dec 2024, the value is 70.00%. The value appears strong and on an upward trend. It has increased from 35.00% (Sep 2024) to 70.00%, marking an increase of 35.00%.
For Other Income, as of Dec 2024, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 1.00 Cr..
For Interest, as of Dec 2024, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 1.00 Cr..
For Depreciation, 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 Profit before tax, as of Dec 2024, the value is 26.00 Cr.. The value appears strong and on an upward trend. It has increased from 9.00 Cr. (Sep 2024) to 26.00 Cr., marking an increase of 17.00 Cr..
For Tax %, as of Dec 2024, the value is 16.00%. The value appears to be improving (decreasing) as expected. It has decreased from 24.00% (Sep 2024) to 16.00%, marking a decrease of 8.00%.
For Net Profit, as of Dec 2024, the value is 22.00 Cr.. The value appears strong and on an upward trend. It has increased from 7.00 Cr. (Sep 2024) to 22.00 Cr., marking an increase of 15.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 12.19. The value appears strong and on an upward trend. It has increased from 4.52 (Sep 2024) to 12.19, marking an increase of 7.67.

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 6, 2025, 2:00 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
Sales	4	6	9	13	28	39	87	89	138	85	56	70	80
Expenses	3	5	8	12	25	35	82	85	134	74	46	34	37
Operating Profit	1	1	1	1	4	5	5	4	4	11	10	36	43
OPM %	18%	14%	8%	8%	13%	12%	6%	5%	3%	13%	17%	51%	54%
Other Income	0	0	0	0	0	0	0	0	0	0	0	0	4
Interest	0	0	0	0	0	1	2	3	3	2	3	4	4
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	1	1	1	1	3	4	2	1	1	8	6	32	44
Tax %	20%	21%	25%	25%	24%	22%	26%	29%	23%	11%	19%	14%
Net Profit	0	0	0	1	2	3	2	1	1	8	5	28	36
EPS in Rs	0.41	0.44	0.35	0.61	2.05	2.41	1.52	0.78	0.66	3.99	3.36	15.11	20.67
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	100.00%	50.00%	-33.33%	-50.00%	0.00%	700.00%	-37.50%	460.00%
Change in YoY Net Profit Growth (%)	0.00%	-50.00%	-83.33%	-16.67%	50.00%	700.00%	-737.50%	497.50%

Aryaman Financial Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2016-2017 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	29%
5 Years:	-4%
3 Years:	-20%
TTM:	10%

Compounded Profit Growth
10 Years:	43%
5 Years:	58%
3 Years:	184%
TTM:	66%

Stock Price CAGR
10 Years:	43%
5 Years:	64%
3 Years:	117%
1 Year:	114%

Return on Equity
10 Years:	11%
5 Years:	13%
3 Years:	17%
Last Year:	27%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 2:14 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	11	11	11	11	12	12	12	12	12	12	12	12	12
Reserves	3	3	5	6	14	17	19	18	24	30	44	61	74
Borrowings	0	1	1	0	3	18	32	33	28	31	41	46	43
Other Liabilities	1	1	4	5	8	18	16	14	20	26	36	41	52
Total Liabilities	15	17	21	22	37	65	79	77	83	99	133	160	180
Fixed Assets	2	2	2	2	3	2	2	2	2	2	2	2	2
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	4	5	7	6	24	35	28	21	30	39	58	62	70
Other Assets	9	10	12	14	11	28	49	54	51	58	73	96	108
Total Assets	15	17	21	22	37	65	79	77	83	99	133	160	180

Below is a detailed analysis of the balance sheet data for Aryaman 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 ₹12.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 12.00 Cr..
For Reserves, as of Sep 2024, the value is ₹74.00 Cr.. The value appears strong and on an upward trend. It has increased from 61.00 Cr. (Mar 2024) to ₹74.00 Cr., marking an increase of 13.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹43.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 46.00 Cr. (Mar 2024) to ₹43.00 Cr., marking a decrease of 3.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹52.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 41.00 Cr. (Mar 2024) to ₹52.00 Cr., marking an increase of 11.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹180.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 160.00 Cr. (Mar 2024) to ₹180.00 Cr., marking an increase of 20.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹2.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 2.00 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 ₹70.00 Cr.. The value appears strong and on an upward trend. It has increased from 62.00 Cr. (Mar 2024) to ₹70.00 Cr., marking an increase of 8.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹108.00 Cr.. The value appears strong and on an upward trend. It has increased from 96.00 Cr. (Mar 2024) to ₹108.00 Cr., marking an increase of 12.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹180.00 Cr.. The value appears strong and on an upward trend. It has increased from 160.00 Cr. (Mar 2024) to ₹180.00 Cr., marking an increase of 20.00 Cr..

Notably, the Reserves (74.00 Cr.) exceed the Borrowings (43.00 Cr.), indicating a solid financial buffer.

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 +	1	-1	1	-0	6	-7	-17	-5	14	17	11	26
Cash from Investing Activity +	-0	-3	-2	2	-11	-7	8	6	2	-3	1	-6
Cash from Financing Activity +	0	4	3	-1	5	14	12	-2	-8	0	7	2
Net Cash Flow	1	0	1	1	0	0	2	-2	8	14	19	21

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	1.00	0.00	0.00	1.00	1.00	-13.00	-27.00	-29.00	-24.00	-20.00	-31.00	-10.00

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
Debtor Days	111	7	9	2	2	2	1	1	0	1	2	2
Inventory Days		446	204	194	8	151	150	165	78	108	146	260
Days Payable		4	3	4	3	46	9	0	1	1	5	2
Cash Conversion Cycle	111	449	210	192	7	107	142	166	77	108	143	260
Working Capital Days	263	175	88	119	-3	101	136	167	79	97	119	105
ROCE %	5%	5%	4%	4%	12%	9%	7%	6%	5%	12%	9%	26%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	62.17%	62.17%	62.17%	62.17%	62.17%	62.17%	62.17%	62.17%	62.17%	62.17%	62.17%	62.17%
DIIs	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Government	0.00%	0.00%	0.00%	0.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	37.82%	37.82%	37.82%	37.42%	37.81%	37.82%	37.83%	37.81%	37.81%	37.81%	37.81%	37.82%
No. of Shareholders	1,590	1,689	1,667	1,675	1,685	1,600	1,596	1,567	1,615	1,568	1,566	1,653

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

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.)	23.55	4.40	6.44	0.71	0.80
Diluted EPS (Rs.)	23.55	4.40	6.44	0.71	0.80
Cash EPS (Rs.)	23.68	4.53	6.55	0.83	0.91
Book Value[Excl.RevalReserv]/Share (Rs.)	62.39	71.81	54.28	44.51	36.08
Book Value[Incl.RevalReserv]/Share (Rs.)	62.39	71.81	54.28	44.51	36.08
Revenue From Operations / Share (Rs.)	56.62	45.82	71.79	117.58	75.93
PBDIT / Share (Rs.)	30.85	8.23	9.38	3.42	3.65
PBIT / Share (Rs.)	30.72	8.10	9.27	3.31	3.53
PBT / Share (Rs.)	27.50	5.40	7.21	0.91	1.12
Net Profit / Share (Rs.)	23.55	4.40	6.44	0.71	0.79
NP After MI And SOA / Share (Rs.)	15.11	3.36	3.99	0.65	0.77
PBDIT Margin (%)	54.47	17.96	13.06	2.91	4.80
PBIT Margin (%)	54.24	17.67	12.91	2.81	4.64
PBT Margin (%)	48.56	11.79	10.03	0.77	1.47
Net Profit Margin (%)	41.58	9.60	8.97	0.60	1.05
NP After MI And SOA Margin (%)	26.67	7.33	5.55	0.55	1.02
Return on Networth / Equity (%)	24.21	6.99	11.04	2.16	3.02
Return on Capital Employeed (%)	31.69	10.46	16.03	7.09	9.46
Return On Assets (%)	11.01	2.96	4.71	0.91	1.18
Total Debt / Equity (X)	0.63	0.72	0.72	0.79	1.10
Asset Turnover Ratio (%)	0.45	0.46	0.92	1.72	1.14
Current Ratio (X)	3.34	3.07	3.08	2.78	2.21
Quick Ratio (X)	3.00	2.68	2.42	1.82	1.11
Interest Coverage Ratio (X)	9.59	3.05	4.54	1.43	1.52
Interest Coverage Ratio (Post Tax) (X)	8.32	2.63	4.12	1.30	1.33
Enterprise Value (Cr.)	294.86	148.71	78.61	75.13	85.99
EV / Net Operating Revenue (X)	4.46	2.78	0.93	0.54	0.96
EV / EBITDA (X)	8.18	15.46	7.17	18.77	20.17
MarketCap / Net Operating Revenue (X)	4.34	2.47	0.71	0.36	0.59
Price / BV (X)	3.94	2.35	1.42	1.41	1.75
Price / Net Operating Revenue (X)	4.34	2.47	0.71	0.36	0.59
EarningsYield	0.06	0.02	0.07	0.01	0.01

After reviewing the key financial ratios for Aryaman 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 23.55. This value is within the healthy range. It has increased from 4.40 (Mar 23) to 23.55, marking an increase of 19.15.
For Diluted EPS (Rs.), as of Mar 24, the value is 23.55. This value is within the healthy range. It has increased from 4.40 (Mar 23) to 23.55, marking an increase of 19.15.
For Cash EPS (Rs.), as of Mar 24, the value is 23.68. This value is within the healthy range. It has increased from 4.53 (Mar 23) to 23.68, marking an increase of 19.15.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 62.39. It has decreased from 71.81 (Mar 23) to 62.39, marking a decrease of 9.42.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 62.39. It has decreased from 71.81 (Mar 23) to 62.39, marking a decrease of 9.42.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 56.62. It has increased from 45.82 (Mar 23) to 56.62, marking an increase of 10.80.
For PBDIT / Share (Rs.), as of Mar 24, the value is 30.85. This value is within the healthy range. It has increased from 8.23 (Mar 23) to 30.85, marking an increase of 22.62.
For PBIT / Share (Rs.), as of Mar 24, the value is 30.72. This value is within the healthy range. It has increased from 8.10 (Mar 23) to 30.72, marking an increase of 22.62.
For PBT / Share (Rs.), as of Mar 24, the value is 27.50. This value is within the healthy range. It has increased from 5.40 (Mar 23) to 27.50, marking an increase of 22.10.
For Net Profit / Share (Rs.), as of Mar 24, the value is 23.55. This value is within the healthy range. It has increased from 4.40 (Mar 23) to 23.55, marking an increase of 19.15.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 15.11. This value is within the healthy range. It has increased from 3.36 (Mar 23) to 15.11, marking an increase of 11.75.
For PBDIT Margin (%), as of Mar 24, the value is 54.47. This value is within the healthy range. It has increased from 17.96 (Mar 23) to 54.47, marking an increase of 36.51.
For PBIT Margin (%), as of Mar 24, the value is 54.24. This value exceeds the healthy maximum of 20. It has increased from 17.67 (Mar 23) to 54.24, marking an increase of 36.57.
For PBT Margin (%), as of Mar 24, the value is 48.56. This value is within the healthy range. It has increased from 11.79 (Mar 23) to 48.56, marking an increase of 36.77.
For Net Profit Margin (%), as of Mar 24, the value is 41.58. This value exceeds the healthy maximum of 10. It has increased from 9.60 (Mar 23) to 41.58, marking an increase of 31.98.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 26.67. This value exceeds the healthy maximum of 20. It has increased from 7.33 (Mar 23) to 26.67, marking an increase of 19.34.
For Return on Networth / Equity (%), as of Mar 24, the value is 24.21. This value is within the healthy range. It has increased from 6.99 (Mar 23) to 24.21, marking an increase of 17.22.
For Return on Capital Employeed (%), as of Mar 24, the value is 31.69. This value is within the healthy range. It has increased from 10.46 (Mar 23) to 31.69, marking an increase of 21.23.
For Return On Assets (%), as of Mar 24, the value is 11.01. This value is within the healthy range. It has increased from 2.96 (Mar 23) to 11.01, marking an increase of 8.05.
For Total Debt / Equity (X), as of Mar 24, the value is 0.63. This value is within the healthy range. It has decreased from 0.72 (Mar 23) to 0.63, marking a decrease of 0.09.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.45. It has decreased from 0.46 (Mar 23) to 0.45, marking a decrease of 0.01.
For Current Ratio (X), as of Mar 24, the value is 3.34. This value exceeds the healthy maximum of 3. It has increased from 3.07 (Mar 23) to 3.34, marking an increase of 0.27.
For Quick Ratio (X), as of Mar 24, the value is 3.00. This value exceeds the healthy maximum of 2. It has increased from 2.68 (Mar 23) to 3.00, marking an increase of 0.32.
For Interest Coverage Ratio (X), as of Mar 24, the value is 9.59. This value is within the healthy range. It has increased from 3.05 (Mar 23) to 9.59, marking an increase of 6.54.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 8.32. This value is within the healthy range. It has increased from 2.63 (Mar 23) to 8.32, marking an increase of 5.69.
For Enterprise Value (Cr.), as of Mar 24, the value is 294.86. It has increased from 148.71 (Mar 23) to 294.86, marking an increase of 146.15.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 4.46. This value exceeds the healthy maximum of 3. It has increased from 2.78 (Mar 23) to 4.46, marking an increase of 1.68.
For EV / EBITDA (X), as of Mar 24, the value is 8.18. This value is within the healthy range. It has decreased from 15.46 (Mar 23) to 8.18, marking a decrease of 7.28.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 4.34. This value exceeds the healthy maximum of 3. It has increased from 2.47 (Mar 23) to 4.34, marking an increase of 1.87.
For Price / BV (X), as of Mar 24, the value is 3.94. This value exceeds the healthy maximum of 3. It has increased from 2.35 (Mar 23) to 3.94, marking an increase of 1.59.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 4.34. This value exceeds the healthy maximum of 3. It has increased from 2.47 (Mar 23) to 4.34, marking an increase of 1.87.
For EarningsYield, as of Mar 24, the value is 0.06. This value is below the healthy minimum of 5. It has increased from 0.02 (Mar 23) to 0.06, marking an increase of 0.04.

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 Aryaman Financial Services Ltd as of April 25, 2025 is: 427.85

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 25, 2025, Aryaman Financial Services Ltd is Overvalued by 20.33% compared to the current share price 537.00

Intrinsic Value of Aryaman Financial Services Ltd as of April 25, 2025 is: 852.02

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 25, 2025, Aryaman Financial Services Ltd is Undervalued by 58.66% compared to the current share price 537.00

Last 5 Year EPS CAGR: 99.14%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (24.46 cr) compared to borrowings (21.31 cr), indicating strong financial stability. The company has shown consistent growth in sales (54.15 cr) and profit (8.08 cr) over the years.	The stock has a low average ROCE of 8.67%, which may not be favorable. The stock has a high average Working Capital Days of 120.50, which may not be favorable. The stock has a high average Cash Conversion Cycle of 164.33, which may not be favorable.

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 Aryaman Financial Services Ltd:
1. Net Profit Margin: 41.58%
  - 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: 31.69% (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%: 24.21% (Industry Average ROE: 10.31%)
  - 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): 8.32
  - 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: 3
  - 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: 26 (Industry average Stock P/E: 32.95)
  - 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: 0.63
  - 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

Aryaman Financial Services Ltd. is a Public Limited Listed company incorporated on 11/05/1994 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74899DL1994PLC059009 and registration number is 059009. Currently Company is involved in the business activities of Security and commodity contracts brokerage. Company's Total Operating Revenue is Rs. 15.11 Cr. and Equity Capital is Rs. 11.68 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Non-Banking Financial Company (NBFC)	102, Ganga Chambers, 6A/1, W.E.A., Karol Bagh, New Delhi Delhi 110005	info@afsl.co.in http://www.afsl.co.in

Management
Name	Position Held
Mr. Shripal Shah	Executive Director
Mr. Shreyas Shah	Executive Director
Mrs. Meloni Shah	Non Executive Director
Mr. Prasad Anant Muley	Independent Director
Mr. Prakash Lavji Vaghela	Independent Director
Ms. Damini Baid	Independent Director

FAQ

What is the intrinsic value of Aryaman Financial Services Ltd?

Aryaman Financial Services Ltd's intrinsic value (as of 25 April 2025) is ₹427.85 — 20.33% lower the current market price of 537.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 627 Cr. market cap, FY2025-2026 high/low of ₹550/249, reserves of 74 Cr, and liabilities of 180 Cr.

What is the Market Cap of Aryaman Financial Services Ltd?

The Market Cap of Aryaman Financial Services Ltd is 627 Cr..

What is the current Stock Price of Aryaman Financial Services Ltd as on 25 April 2025?

The current stock price of Aryaman Financial Services Ltd as on 25 April 2025 is 537.

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

In FY 2025-2026, the High / Low of Aryaman Financial Services Ltd stocks is ₹550/249.

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

The Stock P/E of Aryaman Financial Services Ltd is 26.0.

What is the Book Value of Aryaman Financial Services Ltd?

The Book Value of Aryaman Financial Services Ltd is 73.6.

What is the Dividend Yield of Aryaman Financial Services Ltd?

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

What is the ROCE of Aryaman Financial Services Ltd?

The ROCE of Aryaman Financial Services Ltd is 25.8 %.

What is the ROE of Aryaman Financial Services Ltd?

The ROE of Aryaman Financial Services Ltd is 27.4 %.

What is the Face Value of Aryaman Financial Services Ltd?

The Face Value of Aryaman Financial Services Ltd is 10.0.