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5311

Arman Financial Services BSE:531179 Stock Report

Last Price

₹1.32k

Market Cap

₹11.0b

7D

-6.8%

1Y

57.0%

Updated

29 Sep, 2022

Data

Company Financials
531179 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health2/6
Dividends0/6

531179 Stock Overview

Arman Financial Services Limited, together with its subsidiary, Namra Finance Limited, operates as a non-banking finance company in India.

Arman Financial Services Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Arman Financial Services
Historical stock prices
Current Share Price₹1,315.40
52 Week High₹1,565.00
52 Week Low₹679.25
Beta0.91
1 Month Change-8.59%
3 Month Change11.94%
1 Year Change57.01%
3 Year Change145.43%
5 Year Change526.53%
Change since IPO52,516.00%

Recent News & Updates

Shareholder Returns

531179IN Consumer FinanceIN Market
7D-6.8%-6.2%-4.4%
1Y57.0%-4.4%-1.9%

Return vs Industry: 531179 exceeded the Indian Consumer Finance industry which returned -4.4% over the past year.

Return vs Market: 531179 exceeded the Indian Market which returned -1.9% over the past year.

Price Volatility

Is 531179's price volatile compared to industry and market?
531179 volatility
531179 Average Weekly Movement8.0%
Consumer Finance Industry Average Movement6.1%
Market Average Movement5.9%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market3.8%

Stable Share Price: 531179 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 531179's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1992521Jayendra Patelhttps://www.armanindia.com

Arman Financial Services Limited, together with its subsidiary, Namra Finance Limited, operates as a non-banking finance company in India. The company offers micro finance; micro, small, and medium enterprise loans; and urban and rural two-wheeler finance. It operates through a network of 291 branches and approximately 55 dealer touchpoints.

Arman Financial Services Fundamentals Summary

How do Arman Financial Services's earnings and revenue compare to its market cap?
531179 fundamental statistics
Market Cap₹11.00b
Earnings (TTM)₹438.65m
Revenue (TTM)₹1.28b

25.5x

P/E Ratio

8.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
531179 income statement (TTM)
Revenue₹1.28b
Cost of Revenue₹0
Gross Profit₹1.28b
Other Expenses₹843.62m
Earnings₹438.65m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)51.65
Gross Margin100.00%
Net Profit Margin34.21%
Debt/Equity Ratio465.3%

How did 531179 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 531179 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 531179?

Other financial metrics that can be useful for relative valuation.

531179 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 531179's PE Ratio compare to its peers?

531179 PE Ratio vs Peers
The above table shows the PE ratio for 531179 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average19x
REPCOHOME Repco Home Finance
6.1xn/a₹14.3b
539874 Ujjivan Financial Services
18.1x57.2%₹24.8b
539844 Equitas Holdings
14.7x45.9%₹33.3b
532900 Paisalo Digital
36.6xn/a₹30.4b
531179 Arman Financial Services
25.5xn/a₹11.0b

Price-To-Earnings vs Peers: 531179 is expensive based on its Price-To-Earnings Ratio (25.5x) compared to the peer average (19x).


Price to Earnings Ratio vs Industry

How does 531179's PE Ratio compare vs other companies in the IN Consumer Finance Industry?

Price-To-Earnings vs Industry: 531179 is good value based on its Price-To-Earnings Ratio (25.5x) compared to the Indian Consumer Finance industry average (28.6x)


Price to Earnings Ratio vs Fair Ratio

What is 531179's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

531179 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 531179's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 531179 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 531179 (₹1315.4) is trading above our estimate of fair value (₹257.89)

Significantly Below Fair Value: 531179 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Arman Financial Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


23.8%

Forecasted Diversified Financials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Arman Financial Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has Arman Financial Services performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


19.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 531179 has high quality earnings.

Growing Profit Margin: 531179's current net profit margins (34.2%) are higher than last year (7.5%).


Past Earnings Growth Analysis

Earnings Trend: 531179's earnings have grown by 19.5% per year over the past 5 years.

Accelerating Growth: 531179's earnings growth over the past year (394%) exceeds its 5-year average (19.5% per year).

Earnings vs Industry: 531179 earnings growth over the past year (394%) exceeded the Consumer Finance industry 14.6%.


Return on Equity

High ROE: Whilst 531179's Return on Equity (20.62%) is high, this metric is skewed due to their high level of debt.


Discover strong past performing companies

Financial Health

How is Arman Financial Services's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 531179's short term assets (₹12.2B) exceed its short term liabilities (₹6.8B).

Long Term Liabilities: 531179's short term assets (₹12.2B) exceed its long term liabilities (₹3.5B).


Debt to Equity History and Analysis

Debt Level: 531179's net debt to equity ratio (398.4%) is considered high.

Reducing Debt: 531179's debt to equity ratio has increased from 165.1% to 465.3% over the past 5 years.

Debt Coverage: 531179's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 531179's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Arman Financial Services's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Arman Financial Services Dividend Yield vs Market
How does Arman Financial Services dividend yield compare to the market?
SegmentDividend Yield
Company (Arman Financial Services)0%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Consumer Finance)0.6%
Analyst forecast in 3 Years (Arman Financial Services)n/a

Notable Dividend: Unable to evaluate 531179's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 531179's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 531179's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531179's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 531179 is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 531179 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Jayendra Patel (71 yo)

29.83yrs

Tenure

₹2,013,000

Compensation

Mr. Jayendrabhai B. Patel, also known as Jayendra, B.Sc has been Managing Director and Vice Chairman of Arman Financial Services Limited since October 2005 and serves as its Chief Executive Officer. Mr. Pa...


Leadership Team

Experienced Management: 531179's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: 531179's board of directors are seasoned and experienced ( 10 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 531179 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

BSE:531179 Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
29 Aug 22Sell₹2,984,363Himani ManakiwalaIndividual2,000₹1,492.18
24 Jun 22Sell₹761,307Himani ManakiwalaIndividual700₹1,087.58
09 Jun 22Sell₹1,296,949Himani ManakiwalaIndividual1,120₹1,157.99

Ownership Breakdown

What is the ownership structure of 531179?
Owner TypeNumber of SharesOwnership Percentage
State or Government185,6852.2%
Institutions372,9984.4%
Private Companies948,30811.2%
VC/PE Firms1,890,41722.3%
Individual Insiders2,348,86627.7%
General Public2,746,06032.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 21 shareholders own 67.66% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
22.26%
SAIF Advisors Limited
1,890,417₹2.5b0%3.25%
11.17%
Namra Holdings And Consultancy Services LLP
948,308₹1.2b0%no data
7.83%
Jayendrabhai Patel
665,253₹875.1m0%no data
5.14%
Ritaben Patel
436,089₹573.6m0%no data
4.76%
Mukul Agrawal
404,262₹531.8m-5.82%no data
3.24%
Highwest Global Management, LLC
275,312₹362.1m0%no data
2.92%
Aalokbhai Patel
247,809₹326.0m0%no data
2.19%
Investor Education and Protection Fund (IEPF)
185,655₹244.2m-0.11%no data
1.74%
Debashish Neogi
147,914₹194.6m12.91%no data
1.61%
Babulal Dugar
136,715₹179.8m0%no data
1.18%
Sandeep Kapadia
99,999₹131.5m0%no data
1.1%
Seven Canyons Global Asset Management, LLC
93,736₹123.3m0%7.11%
1.08%
Avinash Wadhwa
92,000₹121.0m0%no data
1.08%
Vinod Dugar
91,730₹120.7m0%no data
0.16%
Amitbhai Manakiwala
13,244₹17.4m0%no data
0.15%
Himani Manakiwala
12,332₹16.2m-13.95%no data
0.047%
Tata Investment Corporation Limited, Employee Stock Option Plan
3,950₹5.2m0%no data
0.0094%
Maulik Manakiwala
800₹1.1m0%no data
0.0059%
Chandrabhan Gadhavi
500₹657.7k0%no data
0.0026%
Atulkumar Patel
219₹288.1k0%no data
0.00035%
India
30₹39.5k0%no data

Company Information

Arman Financial Services Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Arman Financial Services Limited
  • Ticker: 531179
  • Exchange: BSE
  • Founded: 1992
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Implied Market Cap: ₹11.003b
  • Shares outstanding: 8.49m
  • Website: https://www.armanindia.com

Number of Employees


Location

  • Arman Financial Services Limited
  • 502-503, Sakar III
  • Opposite Old High Court
  • Ahmedabad
  • Gujarat
  • 380014
  • India


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531179BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 1998
ARMANFINNSEI (National Stock Exchange of India)YesEquity SharesININRJul 1998

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/29 00:00
End of Day Share Price2022/09/29 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.