Aryaman Financial Services Limited

Aryaman Financial Services Limited

624.80
INR
-0.15
(-0.02%)
41.42EPS
18.89P/E
7.29BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
5.02
7.81
11.32
24.3
33.29
73.59
75.93
117.58
71.79
45.82
56.62
96.48
63.84
73.63
Basic EPS, GAAP
0.43
0.35
0.61
1.74
2.41
1.52
0.78
0.66
3.99
3.36
15.11
26.98
24.14
31.5
Free Cash Flow per Basic Share
-0.8
0.54
-1.27
5.32
-5.8
-14.78
-4.75
11.82
14.22
8.97
22.02
41.04
27.09
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
13.12
14.12
15.51
22.27
24.97
26.22
25.68
30.32
36.11
48.02
62.39
105.12
130.99
- -
Tangible Book Value per Share
13.03
13.61
15.02
21.37
24.97
26.2
25.67
30.32
36.11
48.02
62.39
105.12
130.99
- -
Basic Weighted Avg Shares
11
11
11
12
12
12
12
12
12
12
12
12
12
9
Sales/Revenue/Turnover
56
85
124
284
389
860
887
1,374
839
535
661
1,129
782
693
Operating Margin (%)
13.23
6.67
6.17
12.31
10.34
4.78
3.84
2.29
11.87
13.62
48.39
46.54
53.15
60.92
Depreciation Expense
- -
- -
1
2
2
2
1
1
1
2
2
2
2
2
Net Income, GAAP
5
4
7
20
28
18
9
8
47
39
176
316
296
297
Effective Tax Rate (%)
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
18.72
Profit Margin (%)
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
42.78
Working Capital
41
24
83
26
569
736
735
796
560
701
931
1,165
950
- -
LT Debt
1
1
4
3
179
321
330
282
307
409
463
280
- -
- -
Total Equity
144
189
208
328
417
433
422
520
634
839
1,072
1,807
2,216
- -
Return on Invested Capital (%)
3.18
2.14
3.19
8.79
6.47
4.46
3.19
3.14
10.16
5.4
19.6
23.85
15.52
- -
Return on Capital (%)
3.85
2.95
3.36
6.73
6.61
5.27
3.84
3.71
4.54
4.81
7.92
11.56
10.18
- -
Return on Common Equity (%)
3.36
2.55
4.12
9.46
10.22
5.93
2.99
2.34
12
7.99
27.36
31.31
20.45
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
8,027
7,350
7,287

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,007
- -
Cash, Cash Equivalents & STI
- -
807
- -
Accounts Receivable, Net
- -
4
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
57
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
110
249
376
395
1,129
2026
288
190
199
105
782
2027
199
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.14
5.9
12.19
9.01
26.98
2026
10.8
8.4
7.24
4.7
24.14
2027
11.51
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Shripal Shrenik Shah
Full Time Employees
45
Sector
Finance
Industry
Investment banks/Brokers
Address
60, Khatau Building Mumbai MA India 400001
IPO Date
Mar 6, 1995
Website
afsl.co.in
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.