Arman Financial Services Ltd

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NSEBSE

2054.50-19.20 (-0.93%)

03:51 PM,1st Mar 2024

2051.00-41.00 (-1.96%)

04:01 PM,1st Mar 2024

BSE : 531179

NSE : ARMANFIN

Sector : Financials

ISIN Code : INE109C01017

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Last Updated: Mar 01 2024 | 04:01 PM IST

Market Cap (₹ Cr)

2011

Turnover (₹ Cr)

1.32

Volume (Shares)

64186

Face Value

10

52-WK High

2680.00

52-WK High Date

21 Dec 2023

52-WK Low

1190.00

52-WK Low Date

17 Mar 2023

All Time High

2680.00

All Time High Date

21 Dec 2023

All Time Low

163.35

All Time Low Date

16 Nov 2016

Arman Financial Services Ltd

Arman Financial Services Limited (Arman) is an India-based non-banking finance company. The Company provides two wheeler three wheeler financing inter-corporate deposit (ICD) micro financing and personal financing. The Company operates through two segments: JLG Microfinance and Asset-backed Microfinance (two-wheeler/three-wheeler financing). Arman's Micro Finance operations have 14 branches operational all over Gujarat in urban semi-urban and rural areas. Arman Financial Services Limited was originally incorporated on November 26 1992 as an earstwhile Arman Lease & Finance Ltd. The company is a public limited listed company. It issued 2800000 Equity shares of Rs. 10 each on August 21 1995 aggregating to Rs 280 lacs after receiving an overwhelming response from the public for its public issue which was oversubscribed by 7 times in the category of small investor and more than 22 times in case of applicants with application of more than 1000 shares.The main objects of the company consist of providing a wide spectrum of financial services both Fund based and Non Fund Based activities which includes term loans collateral free credit other forms of credits thrift and savings and insurance. Arman also plans to render financial services to people by acting as intermediary for banks and financial institutions in the cities towns villages of India. During the fiscal year ended March 31 2010 the Asset-backed Microfinance segment had 5315 active borrowers and the portfolio outstanding stood at approximately 2.9 billion. Arman operates all over the Ahmedabad. Its loans sizes are small and are within the repayment capacity of the borrower. They qualify for little higher loan if they repay the first loan. The Company does not have brokers in Micro finance. It only lends to group of ladies where in if one borrower defaults the whole group is made responsible.The Company incorporated a wholly owned subsidiary M/s Namra Finance Limited on 27 March 2012. M/s Namra Finance Limited a wholly owned subsidiary became the first company in India to receive NBFC-MFI license which accordingly commenced business effective from February 15 2013.Arman's Microfinance operations got demerged into its wholly owned subsidiary Namra Finance which completed in FY 2013-14. The Company started its operation of micro finance in the state of Uttar Pradesh and Maharashtra during FY 2016-17.

Arman Financial Services Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

2011

EPS - TTM (₹) [S]

34.07

P/E Ratio (X) [S]

4.01

Face Value (₹) 10
Latest Dividend (%)14.00
Latest Dividend Date 13 Sep 2019
Dividend Yield (%) -
Book Value Share (₹) [S]511.75
P/B Ratio (₹) [S]4.01
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
UTI-Small Cap Fund - Direct (IDCW) 25.92 111110 0.69
UTI-Small Cap Fund - Direct (G) 25.92 111110 0.69
UTI-Small Cap Fund (IDCW) 25.92 111110 0.69
UTI-Small Cap Fund (G) 25.92 111110 0.69
UTI-Banking and Financial Services Fund (IDCW) 21.25 91110 2.08
UTI-Banking and Financial Services Fund (G) 21.25 91110 2.08
UTI-Banking and Financial Services Fund - Dir (G) 21.25 91110 2.08
UTI-Banking and Financial Services Fund-Dir (IDCW) 21.25 91110 2.08
Sundaram Small Cap Fund (IDCW) 15.94 68336 0.52
Sundaram Small Cap Fund - Direct (IDCW) 15.94 68336 0.52

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Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

2040.95

2153.95

Year Low/High

1190.00

2680.00

All time Low/High

0.46

2680.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-9.92%%0.820.57%
1 Month-11.91%%2.932.96%
3 Month-3.96%%9.2810.22%
6 Month-12.84%%12.7814.94%
1 Year46.91%%24.1328.01%
3 Year247.48%%47.9351.33%

Company Info

Company Information

Vice Chairman & M.D. : JAYENDRA PATEL

Non-Exec & Non-Independent Dir : Ritaben Jayendrabhai Patel

Non-Exec. & Independent Dir. : Ramakant Nagpal.

Joint Managing Director : AALOK JAYENDRABHAI PATEL

Non-Exec & Non-Independent Dir : Aakash Jayendra Patel

Company Secretary : Jaimish Govindbhai patel

Chairman & Independent Directo : Alok Prasad

Non-Exec. & Independent Dir. : Geeta Solanki

Addtnl Independent Director : Yash Kaushik Shah

Registered Office: 502-503 Sakar III, Off Ashram Road Opp Old High S,Ahmedabad,Gujarat-380014 Ph: 91-079-40507000/27541989

Email:finance@armanindia.com

URL:http://www.armanindia.com