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NSE:ARYAMAN

ARYAMAN FINANCIAL SERV L

Financial Services › Finance
₹650.00
at close · 28 Oct 2026
▼ 8.00 (-1.22%)

Latest filings

  1. RTA confirms dematerialisation compliance for Sep 2026 quarter · Compliance
  2. Trading window closed for Q2 results · Compliance
  3. Authorisation of KMPs for materiality under SEBI Reg 30(5) · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

A listed financial services holding company operating through three subsidiaries — Aryaman Capital Markets, Escorp Assets Management, and Aryaman Finance (India) Limited. On a consolidated basis, the group reported revenue of Rs 78.1894 crore, net profit of Rs 38.1358 crore, and total assets of Rs 237.1481 crore for FY26, with an EBITDA margin of 61.124%. Aryaman Finance (India) Limited, in which the parent holds 99%, received a Certificate of Registration from the RBI on December 24, 2025 to operate as an NBFC-ND-ICC; it is engaged in financing, money lending, bill discounting, factoring, and providing loans to individuals, firms, and corporates. The parent continued to invest in this subsidiary through rights issues in 2026, subscribing to shares at Rs 144 each, with Rs 79.99 lakhs infused on June 3, 2026 and a further Rs 4.92 crore infused in early July 2026. On a consolidated basis the balance sheet showed zero borrowings with cash and equivalents of Rs 8,070 lakhs. Employee costs at 5.4% of revenue and other operating expenses at 4.0% are the main cost lines; depreciation at 0.3% and capex at 0.4% of revenue are minimal.

Operating scale
Consolidated total assets
Rs 237.1481 croreFY26
Cash and equivalents (consolidated)
Rs 8,070 lakhsFY26
Consolidated borrowings
NilFY26
Subsidiaries under the listed parent
3 (Aryaman Capital Markets, Escorp Assets Management, Aryaman Finance India)FY26
Promoter group stake in the listed entity
63.92% (78,28,030 shares)FY26
Subsidiary NBFC registration
RBI Certificate of Registration as NBFC-ND-ICC, dated December 24, 2025
Who pays it
Individuals, firms and corporates borrowing from the NBFC subsidiary; capital markets and asset management clients of the other subsidiaries
Biggest cost
Employee costs at 5.4% of revenue, the largest disclosed operating cost line; consolidated borrowings are nil so interest expense is not material
Kind of business
Asset-light financial services holding company with three subsidiaries; lending arm newly licensed as NBFC
Where it sits
BSE-listed NBFC-classified holding company with promoter group (Mahshri Enterprises) holding 63.92%; the lending subsidiary became RBI-registered only in December 2025
Market Cap
₹796 Cr
P / E (TTM)
20.9×
EV / EBITDA
—
Div Yield
—
Growth
-10.8%▼
Revenue 5y CAGR
PAT +114.9% · EBITDA +64.2%
Quality
—·
ROCE (FY26)
ROE 17.2% · margin 61.1%
Leverage
—·
Debt / Equity · not read for a lender
Revenue FY20→FY26
0.9×▼
Margin +47.7 pts
₹89 Cr → ₹78 Cr
Where it sits among 272 Non Banking Financial Company (NBFC) peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#109/200
P/B#221/253
ROE#11/257
EBITDA margin#110/249
Revenue growth#205/231
Profit growth#156/251

Scorecard

Measured from the filed financials, judged against its Non Banking Financial Company (NBFC) peers · as of FY26 — not investment advice

Strengths
Profit compounding 115% a year over 5 years
Concerns
Revenue shrinking over 5 years (−11% a year)

Charts

How has the market priced it — with filings on the timeline?

ARYAMAN · price

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Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from ARYAMAN FINANCIAL SERV L's filed financials and exchange disclosures

What does ARYAMAN FINANCIAL SERV L do?

ARYAMAN FINANCIAL SERV L is a Finance company listed on NSE and BSE, trading under the symbol ARYAMAN.

Is ARYAMAN FINANCIAL SERV L profitable?

Yes. Over the trailing twelve months ARYAMAN FINANCIAL SERV L reported a net profit of ₹38 Cr on revenue of ₹78 Cr.

Does ARYAMAN FINANCIAL SERV L pay a dividend?

Not in the latest reported year — ARYAMAN FINANCIAL SERV L's dividend payout for FY26 was nil.

Is ARYAMAN FINANCIAL SERV L expensive compared with its peers?

On trailing P/E, ARYAMAN FINANCIAL SERV L ranks 109 of 200 in Non Banking Financial Company (NBFC) — cheaper than 46% of them, against an industry median of 18.1×. This is a position, not a valuation judgement.

Where can I track ARYAMAN FINANCIAL SERV L's announcements?

Every NSE and BSE filing by ARYAMAN FINANCIAL SERV L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.