Aryaman Financial Services Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Aryaman Financial Services Ltd?

Aryaman Financial Services Ltd is trading at 613.00 as of 25 April 2026, with a FY2026-2027 high of 1,100 and low of 450. The stock is currently in the middle of its 52-week range. Market cap stands at 751 Cr..

Q: Is Aryaman Financial Services Ltd financially healthy?

Key indicators: ROCE of 31.9 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Q: Is Aryaman Financial Services Ltd profitable and how is the profit trend?

Aryaman Financial Services Ltd reported a net profit of 45 Cr in Mar 2025 on revenue of 118 Cr. Compared to 8 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹706.84Undervalued by 15.31%vs CMP ₹613.00

P/E (22.5) × ROE (31.3%) × BV (₹123.00) × DY (2.00%)

₹518.26Overvalued by 15.46%vs CMP ₹613.00

MoS: -18.3% (Negative)Confidence: 50/100 (Moderate)Models: 2 Under, 5 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹1,037.86	27%	Under (+69.3%)
Graham Number	Earnings	₹274.52	20%	Over (-55.2%)
Earnings Power	Earnings	₹183.66	13%	Over (-70%)
DCF	Cash Flow	₹861.12	13%	Under (+40.5%)
Net Asset Value	Assets	₹122.44	9%	Over (-80%)
Earnings Yield	Earnings	₹272.30	9%	Over (-55.6%)
ROCE Capital	Returns	₹72.34	9%	Over (-88.2%)
Consensus (7 models)		₹518.26	100%	Overvalued

Key Drivers: EPS CAGR 46.8% lifts DCF — verify sustainability. | Wide model spread (₹72–₹1,038) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 46.8%

*Investments are subject to market risks

Analyst Summary

Aryaman Financial Services Ltd operates in the Non-Banking Financial Company (NBFC) segment, NSE: ARYAMAN | BSE: 530245, current market price is ₹613.00, market cap is 751 Cr.. At a glance, stock P/E is 22.5, ROE is 31.3 %, ROCE is 31.9 %, book value is 123, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹518.26, around 15.5% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹118 Cr versus the prior period change of 68.6%, while latest net profit is about ₹45 Cr with a prior-period change of 60.7%. The 52-week range shown on this page is 1,100/450, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisAryaman 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)…

This summary is generated from the stock page data available for Aryaman Financial Services Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Aryaman Financial Services Ltd scores 71/100 (Strong)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health87/100 · Strong

ROCE 31.9% ExcellentROE 31.3% ExcellentD/E 0.79 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

Promoter holding at 63.9% Stable

Earnings Quality60/100 · Moderate

Working capital: 54 days (improving) Efficient

Quarterly Momentum58/100 · Moderate

Profit (4Q): +20% YoY Positive

Industry Rank90/100 · Strong

P/E 22.5 vs industry 101.6 Cheaper than peersROCE 31.9% vs industry 15.8% Above peersROE 31.3% vs industry 8.8% Above peers

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:08 am

Market Cap	751 Cr.
Current Price	613
Intrinsic Value	₹518.26
High / Low	1,100/450
Stock P/E	22.5
Book Value	123
Dividend Yield	0.00 %
ROCE	31.9 %
ROE	31.3 %
Face Value	10.0
PEG Ratio	0.48

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

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Aryaman Financial Services Ltd	751 Cr.	613	1,100/450	22.5	123	0.00 %	31.9 %	31.3 %	10.0
Finkurve Financial Services Ltd	789 Cr.	56.4	154/48.0	36.0	23.5	0.00 %	11.4 %	8.81 %	1.00
Fedders Holding Ltd	691 Cr.	34.3	63.5/28.6	11.4	32.8	0.00 %	7.37 %	7.05 %	1.00
Capital India Finance Ltd	825 Cr.	21.1	44.5/20.4		17.2	0.09 %	6.34 %	0.30 %	2.00
Crest Ventures Ltd	935 Cr.	329	450/298	19.6	444	0.30 %	9.68 %	7.70 %	10.0
Industry Average	22,241.21 Cr	369.74		101.56	513.16	0.26%	15.81%	8.84%	8.50

All Competitor Stocks of Aryaman Financial Services Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	24.79	12.52	11.50	31.65	16.73	6.27	10.97	24.86	37.58	39.45	28.79	18.98	19.95
Interest	0.89	0.90	0.92	0.93	0.93	0.98	1.04	1.02	0.93	0.61	0.65	0.25	0.01
Expenses	17.72	15.40	10.18	10.31	8.34	5.17	3.89	16.06	11.46	28.78	13.71	7.22	10.06
Financing Profit	6.18	-3.78	0.40	20.41	7.46	0.12	6.04	7.78	25.19	10.06	14.43	11.51	9.88
Financing Margin %	24.93%	-30.19%	3.48%	64.49%	44.59%	1.91%	55.06%	31.30%	67.03%	25.50%	50.12%	60.64%	49.52%
Other Income	0.63	0.71	0.73	0.85	0.87	1.44	1.13	1.28	0.65	2.17	1.25	1.75	1.81
Depreciation	0.04	0.04	0.04	0.04	0.04	0.02	0.03	0.04	0.04	0.04	0.05	0.07	0.06
Profit before tax	6.77	-3.11	1.09	21.22	8.29	1.54	7.14	9.02	25.80	12.19	15.63	13.19	11.63
Tax %	11.37%	-4.18%	24.77%	12.96%	16.16%	16.23%	14.43%	23.61%	16.24%	13.04%	15.42%	21.99%	23.82%
Net Profit	5.99	-2.99	0.81	18.46	6.95	1.28	6.11	6.89	21.61	10.59	13.22	10.29	8.87
EPS in Rs	3.70	-1.84	0.63	9.23	4.42	0.82	3.14	4.52	12.19	6.83	8.20	6.57	5.63
Gross NPA %
Net NPA %

Last Updated: March 3, 2026, 12:17 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 10:05 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Revenue	6	9	13	28	39	87	89	138	85	56	70	118	107
Interest	0	0	0	0	1	2	3	3	2	3	4	4	2
Expenses	5	8	12	25	35	82	85	134	74	46	34	60	60
Financing Profit	1	1	1	3	4	3	1	1	9	6	32	54	46
Financing Margin %	12%	6%	8%	12%	10%	3%	2%	1%	10%	12%	46%	46%	43%
Other Income	0	0	0	0	0	0	0	0	0	0	0	0	7
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	1	1	1	3	4	2	1	1	8	6	32	54	53
Tax %	21%	25%	25%	24%	22%	26%	29%	23%	11%	19%	14%	17%
Net Profit	0	0	1	2	3	2	1	1	8	5	28	45	43
EPS in Rs	0.44	0.35	0.61	2.05	2.41	1.52	0.78	0.66	3.99	3.36	15.11	25.77	27.23
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	2024-2025
YoY Net Profit Growth (%)	100.00%	50.00%	-33.33%	-50.00%	0.00%	700.00%	-37.50%	460.00%	60.71%
Change in YoY Net Profit Growth (%)	0.00%	-50.00%	-83.33%	-16.67%	50.00%	700.00%	-737.50%	497.50%	-399.29%

Aryaman Financial Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2016-2017 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	29%
5 Years:	5%
3 Years:	10%
TTM:	99%

Compounded Profit Growth
10 Years:	56%
5 Years:	103%
3 Years:	89%
TTM:	84%

Stock Price CAGR
10 Years:	50%
5 Years:	71%
3 Years:	146%
1 Year:	87%

Return on Equity
10 Years:	16%
5 Years:	20%
3 Years:	25%
Last Year:	31%

Last Updated: September 5, 2025, 2:26 pm

Balance Sheet

Last Updated: February 1, 2026, 2:21 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	11	11	11	12	12	12	12	12	12	12	12	12	12
Reserves	3	5	6	14	17	19	18	24	30	44	61	116	138
Borrowing	1	1	0	3	18	32	33	28	31	41	46	28	0
Other Liabilities	1	4	5	8	18	16	14	20	26	36	41	68	76
Total Liabilities	17	21	22	37	65	79	77	83	99	133	160	225	226
Fixed Assets	2	2	2	3	2	2	2	2	2	2	2	2	3
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	5	7	6	24	35	28	21	30	39	58	62	97	105
Other Assets	10	12	14	11	28	49	54	51	58	73	96	125	119
Total Assets	17	21	22	37	65	79	77	83	99	133	160	225	226

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-1	1	-0	6	-7	-17	-5	14	17	11	26	46
Cash from Investing Activity +	-3	-2	2	-11	-7	8	6	2	-3	1	-6	-12
Cash from Financing Activity +	4	3	-1	5	14	12	-2	-8	0	7	2	-8
Net Cash Flow	0	1	1	0	0	2	-2	8	14	19	21	26
Free Cash Flow	-1	1	-1	6	-7	-18	-6	14	17	10	26	46
CFO/OP	-114%	81%	-36%	187%	-117%	-318%	-116%	346%	155%	123%	83%	88%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	4.00	7.00	12.00	22.00	17.00	50.00	52.00	106.00	43.00	5.00	-12.00	32.00

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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	7	9	2	2	2	1	1	0	1	2	2	1
Inventory Days	446	204	194	8	151	150	165	78	108	146	260	134
Days Payable	4	3	4	3	46	9	0	1	1	5	2	11
Cash Conversion Cycle	449	210	192	7	107	142	166	77	108	143	260	123
Working Capital Days	92	88	119	-38	101	2	33	79	97	119	103	54
ROCE %	5%	4%	4%	12%	9%	7%	6%	5%	12%	9%	26%	32%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	62.17%	62.17%	62.17%	62.17%	62.17%	62.17%	62.17%	62.17%	63.92%	63.92%	63.92%	63.92%
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%
Public	37.82%	37.83%	37.81%	37.81%	37.81%	37.81%	37.82%	37.82%	36.07%	36.07%	36.07%	36.07%
No. of Shareholders	1,600	1,596	1,567	1,615	1,568	1,566	1,653	1,684	1,861	2,183	2,731	2,524

Shareholding Pattern Chart

No. of Shareholders

Aryaman Financial Services Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	38.64	23.55	4.40	6.44	0.71
Diluted EPS (Rs.)	38.64	23.55	4.40	6.44	0.71
Cash EPS (Rs.)	37.03	23.68	4.53	6.55	0.83
Book Value[Excl.RevalReserv]/Share (Rs.)	105.12	62.39	71.81	54.28	44.51
Book Value[Incl.RevalReserv]/Share (Rs.)	105.12	62.39	71.81	54.28	44.51
Revenue From Operations / Share (Rs.)	92.16	56.62	45.82	71.79	117.58
PBDIT / Share (Rs.)	47.28	30.85	8.23	9.38	3.42
PBIT / Share (Rs.)	47.15	30.72	8.10	9.27	3.31
PBT / Share (Rs.)	44.21	27.50	5.40	7.21	0.91
Net Profit / Share (Rs.)	36.91	23.55	4.40	6.44	0.71
NP After MI And SOA / Share (Rs.)	25.77	15.11	3.36	3.99	0.65
PBDIT Margin (%)	51.30	54.47	17.96	13.06	2.91
PBIT Margin (%)	51.16	54.24	17.67	12.91	2.81
PBT Margin (%)	47.97	48.56	11.79	10.03	0.77
Net Profit Margin (%)	40.04	41.58	9.60	8.97	0.60
NP After MI And SOA Margin (%)	27.96	26.67	7.33	5.55	0.55
Return on Networth / Equity (%)	24.51	24.21	6.99	11.04	2.16
Return on Capital Employeed (%)	29.79	31.69	10.46	16.03	7.09
Return On Assets (%)	14.02	11.01	2.96	4.71	0.91
Total Debt / Equity (X)	0.21	0.63	0.72	0.72	0.79
Asset Turnover Ratio (%)	0.58	0.45	0.46	0.92	1.72
Current Ratio (X)	7.12	3.34	3.07	3.08	2.78
Quick Ratio (X)	6.61	3.00	2.68	2.42	1.82
Inventory Turnover Ratio (X)	7.12	0.00	0.00	0.00	0.00
Interest Coverage Ratio (X)	16.07	9.59	3.05	4.54	1.43
Interest Coverage Ratio (Post Tax) (X)	13.55	8.32	2.63	4.12	1.30
Enterprise Value (Cr.)	604.99	294.86	148.71	78.61	75.13
EV / Net Operating Revenue (X)	5.36	4.46	2.78	0.93	0.54
EV / EBITDA (X)	10.45	8.18	15.46	7.17	18.77
MarketCap / Net Operating Revenue (X)	5.53	4.34	2.47	0.71	0.36
Price / BV (X)	4.85	3.94	2.35	1.42	1.41
Price / Net Operating Revenue (X)	5.53	4.34	2.47	0.71	0.36
EarningsYield	0.05	0.06	0.02	0.07	0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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. 19.97 Cr. and Equity Capital is Rs. 12.25 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Non-Banking Financial Company (NBFC)	102, Ganga Chambers, 6A/1, W.E.A., Karol Bagh, New Delhi Delhi 110051	Contact not found

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 and is it undervalued?

As of 25 April 2026, Aryaman Financial Services Ltd's intrinsic value is ₹518.26, which is 15.46% lower than the current market price of ₹613.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (31.3 %), book value (₹123), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Aryaman Financial Services Ltd?

Aryaman Financial Services Ltd is trading at ₹613.00 as of 25 April 2026, with a FY2026-2027 high of ₹1,100 and low of ₹450. The stock is currently in the middle of its 52-week range. Market cap stands at ₹751 Cr..

How does Aryaman Financial Services Ltd's P/E ratio compare to its industry?

Aryaman Financial Services Ltd has a P/E ratio of 22.5, which is below the industry average of 101.56. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Aryaman Financial Services Ltd financially healthy?

Key indicators for Aryaman Financial Services Ltd: ROCE of 31.9 % indicates efficient capital utilization; ROE of 31.3 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Aryaman Financial Services Ltd profitable and how is the profit trend?

Aryaman Financial Services Ltd reported a net profit of ₹45 Cr in Mar 2025 on revenue of ₹118 Cr. Compared to ₹8 Cr in Mar 2022, the net profit shows an improving trend.

Does Aryaman Financial Services Ltd pay dividends?

Aryaman Financial Services Ltd has a dividend yield of 0.00 % at the current price of ₹613.00. The company is currently not paying meaningful dividends.