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Aryaman Financial Services Limited

Aryaman Financial Services Limited

ARYAMAN.BO
Aryaman Financial Services LimitedIN flagBombay Stock Exchange
597.00
INR
+4.20
- -
7.31BMarket Cap
Aryaman Financial Services Limited
ARYAMAN.BO
(Bombay Stock Exchange)

Recent

price

597.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1.22
1.36
3.44
5.02
7.81
11.32
24.3
33.29
73.59
75.93
117.58
71.79
45.82
56.62
92.16
- -
81.96
Revenue per Share
0.17
0.37
0.41
0.43
0.35
0.61
1.74
2.41
1.52
0.78
0.66
3.99
3.36
15.11
25.77
- -
31
Basic EPS, GAAP
2.47
0.48
0.58
-0.8
0.54
-1.27
5.32
-5.8
-14.78
-4.75
11.82
14.22
8.97
22.02
39.2
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
7.38
7.75
8.22
8.51
8.97
9.46
11.22
13.87
15.39
16.16
16.82
20.8
24.16
39.27
63.69
- -
12.84
Book Value per Share
11.75
12.16
12.67
12.91
16.81
18.4
27.19
35.73
37.05
36.07
44.51
54.28
71.81
91.79
147.51
- -
232.31
Tangible Book Value per Share
11
11
11
11
11
11
12
12
12
12
12
12
12
12
12
- -
10
Basic Weighted Avg Shares
13
15
37
56
85
124
284
389
860
887
1,374
839
535
661
1,129
782
782
Sales/Revenue/Turnover
13.53
40.77
17.6
13.23
6.67
6.17
12.31
10.34
4.78
3.84
2.29
11.87
13.62
48.36
46.53
52.88
52.87
Operating Margin (%)
- -
- -
- -
- -
- -
1
2
2
2
1
1
1
2
2
2
2
2
Depreciation Expense
2
4
4
5
4
7
20
28
18
9
8
47
39
176
316
296
296
Net Income, GAAP
21.93
18.84
19.22
20.97
24.67
24.23
24.37
22.02
26.17
28.8
21.82
10.62
18.54
14.39
16.52
18.25
18.29
Effective Tax Rate (%)
14.01
27.44
11.92
8.56
4.48
5.39
7.17
7.25
2.06
1.02
0.56
5.55
7.33
26.68
27.96
37.82
37.82
Profit Margin (%)
96
66
47
41
24
83
26
569
736
735
796
560
701
931
1,194
894
894
Working Capital
- -
- -
1
1
1
4
3
179
321
330
282
307
409
463
280
- -
- -
LT Debt
131
135
139
144
189
208
328
417
433
422
520
634
839
1,072
1,807
2,216
2,216
Total Equity
1.09
3.72
3.84
3.88
2.4
2.78
8.96
6.49
4.48
3.21
3.16
10.16
5.4
19.59
23.85
15.44
15.44
Return on Invested Capital (%)
2.33
4.92
5.02
5.75
4.21
4.81
10.24
9.06
6.51
4.56
4.48
5.62
6.08
9.85
14.72
18.8
18.8
Return on Capital (%)
2.33
4.92
5.12
5.18
3.97
6.65
17.31
19.24
10.38
4.92
3.97
21.2
14.94
47.63
50.96
65.53
65.53
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
- -
12
Market Capitalization
7,551
6,176
5,725

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,123
- -
946
Cash, Cash Equivalents & STI
1,019
- -
807
Accounts Receivable, Net
4
- -
4
Inventories
100
- -
- -
Total Current Liabilities
52
- -
52
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.29%
34.64%
22.66%
Free Cash Flow
-83.19%
36.93%
-30.9%
Net Income, GAAP
105.55%
183.01%
-6.31%
Sales/Revenue/Turnover
33.26%
-2.33%
-30.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
115
316
167
63
661
2025
110
249
376
395
1,129
2026
288
190
199
105
782

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.64
9.23
5.95
- -
15.11
2025
3.14
5.9
12.19
9.01
25.77
2026
10.8
8.4
7.24
4.7
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Aryaman Financial Services Limited Aryaman Financial Services Limited (ARYAMAN.BO) is a SEBI-registered Category I merchant banker based in India that specializes in lead management and syndication of small and medium-sized initial public offerings (IPOs) ranging from Rs 10 crore to Rs 500 crore, follow-on public offerings (FPOs), rights issues, composite issues, qualified institutional placements (QIPs), private investment in public equity (PIPE) deals, venture capital funding, and other forms of capital raising; it also serves as lead manager for mergers and acquisitions (M&A) transactions, open offers, delisting offers, and buybacks, while providing valuation and advisory services including foreign investments, employee stock option plan (ESOP) certifications, fairness opinions for amalgamation schemes, mergers, and spin-off transactions, as well as corporate finance advisory encompassing equity capital markets, structured finance, promoter financing, and acquisition financing. Incorporated in 1994 and headquartered at 102, Ganga Chambers, Karol Bagh, New Delhi, with additional operations in Mumbai, the company targets corporates, promoters, and businesses across India seeking domestic and overseas capital mobilization, and operates through subsidiaries and group entities offering stock and commodity broking services. In recent developments, Aryaman Financial Services completed five SME IPOs and one mainboard IPO in fiscal year 2023-24, driving consolidated total income to Rs 7004.66 lakh and net profit to Rs 2750.67 lakh; it reported robust quarterly growth in fiscal 2025, including a 173.57% year-on-year net profit increase to Rs 10.04 crore for the quarter ended June 2025, alongside sustained high operating margins exceeding 50% and a debt-free balance sheet supporting expanded investment activities.