Aryaman Financial Services Limited ARYAMAN NSEFINANCIAL
Company Overview
Aryaman Financial Services Limited, together with its subsidiaries, provides merchant banking services in India. The company is involved in the lead management and syndication of small and medium sized initial public offerings, follow-on public offerings, rights issues, composite issues, qualified institutional placements, preferential issues, foreign currency convertible bonds, American and global depositary receipts issues, private investment in public equity transactions, venture capital funding, and other types of fundraising. It also provides loan syndication and underwriting; M&A advisory, including buy-side and sell-side advisory services; and open offer management services. In addition, the company offers private equity advisory services; structured finance advisory services, including promoter and acquisition financing; and corporate finance advisory services, such as scheme of amalgamations, mergers, spin-off transactions, ESOP transactions, foreign remittance, and equity placements, etc.; and certification, opinion, and valuation services. Further, it offers stock and commodity broking services; and valuation and advisory services for foreign investments. The company was incorporated in 1994 and is based in Mumbai, India. Aryaman Financial Services Limited is a subsidiary of Mahshri Enterprises Pvt. Ltd.
Why Investors Should Care
Generates a return on equity of 18.4%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 17.8%.
Net profit has compounded at 96.0% per year over the last five years.
Revenue has grown at a 13.5% CAGR over the past five years.
Maintains a net profit margin of 39.4%.
Carries low leverage with a debt-to-equity ratio of 0.00.
Recent Developments
- Mar 2026 Revenue of ₹78.19 Cr (-30.7% YoY); net profit ₹29.57 Cr.
- Trailing 12 Months Year-on-year growth — revenue -30.2%, earnings +6.6%.
- 5-Year Trend Long-term compounding — revenue CAGR 13.5%, profit CAGR 96.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 13.46% |
| 1 Year: | -30.20% |
Compounded Profit Growth
| 5 Years: | 96.05% |
| 1 Year: | 6.60% |
Stock Price Performance
| 1 Year: | +4.17% |
| 6 Months: | - |
| 3 Months: | - |
| 1 Month: | +0.01% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- RSI (14)49.26 · Neutral
P/E of 25.17 is above the sector median of 15.25 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 39.4%.
- Compounding revenue at 13.5% over 5 years.
- Profit CAGR of 96.0% over 5 years.
- Generates positive free cash flow.
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ARYAMAN Aryaman Financial Services Limited NSEFINANCIAL | 624.90 | 25.17 | ₹765.32 Cr | 0.00% | 17.83% | 18.43% | 13.46% | 96.05% |
| 2 | HDFCBANK HDFC Bank Limited NIFTY50NSEAIFINANCIAL | 694.05 | 15.17 | ₹10.70 L Cr | 1.88% | - | 13.84% | 16.90% | 12.47% |
| 3 | ICICIBANK ICICI Bank Limited NIFTY50NSEAIFINANCIAL | 1,398.50 | 18.08 | ₹10.04 L Cr | 0.89% | - | 16.07% | 18.11% | 16.78% |
| 4 | SBIN State Bank of India NIFTY50NSEAIFINANCIALPSU | 970.00 | 10.40 | ₹8.95 L Cr | 1.82% | - | 15.18% | 12.19% | 14.39% |
| 5 | BAJFINANCE Bajaj Finance Limited NIFTY50NSEAIFINANCIAL | 942.10 | 28.93 | ₹5.87 L Cr | 0.56% | - | 16.68% | 22.58% | 18.23% |
| 6 | KOTAKBANK Kotak Mahindra Bank Limited NIFTY50NSEAIFINANCIAL | 437.00 | 21.42 | ₹4.35 L Cr | 0.15% | - | 10.64% | 13.48% | 8.92% |
| 7 | AXISBANK Axis Bank Limited NIFTY50NSEAIFINANCIAL | 1,212.00 | 13.63 | ₹3.77 L Cr | 0.08% | - | 13.35% | 12.16% | 34.61% |
| 8 | BAJAJFINSV Bajaj Finserv Ltd. NIFTY50NSEAIFINANCIAL | 1,678.00 | 26.64 | ₹2.69 L Cr | 0.07% | - | 12.58% | 22.92% | 15.16% |
| 9 | LICI Life Insurance Corporation of India NIFTY_MIDNSEFINANCIALPSU | 387.50 | 8.16 | ₹2.45 L Cr | 2.59% | - | 32.53% | 7.26% | 16.86% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | - | 39.45 Cr | 28.79 Cr | 18.98 Cr | 19.95 Cr | 10.48 Cr |
| Cost of Revenue | - | 28.51 Cr | 12.03 Cr | 6.76 Cr | 9.75 Cr | 4.95 Cr |
| Gross Profit | - | 10.95 Cr | 16.76 Cr | 12.21 Cr | 10.20 Cr | 5.53 Cr |
| Operating Expenses | - | 32.03 L | 1.73 Cr | 52.06 L | 37.74 L | 72.78 L |
| Operating Income | - | 10.63 Cr | 15.03 Cr | 11.69 Cr | 9.82 Cr | 4.80 Cr |
| EBITDA | - | 12.84 Cr | 16.33 Cr | 13.51 Cr | 11.70 Cr | 6.26 Cr |
| Interest Expense | - | 61.09 L | 64.67 L | 24.97 L | 82,000 | 34,000 |
| Pretax Income | - | 12.19 Cr | 15.63 Cr | 13.19 Cr | 11.63 Cr | 6.20 Cr |
| Tax Provision | - | 1.59 Cr | 2.41 Cr | 2.92 Cr | 2.76 Cr | 44.41 L |
| Net Income | - | 8.37 Cr | 10.04 Cr | 8.05 Cr | 6.89 Cr | 4.59 Cr |
| Diluted EPS | - | - | - | - | - | - |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 53.53 Cr | 66.15 Cr | 112.87 Cr | 78.19 Cr |
| Cost of Revenue | - | 44.16 Cr | 32.95 Cr | 56.33 Cr | 33.49 Cr |
| Gross Profit | - | 9.37 Cr | 33.20 Cr | 56.53 Cr | 44.70 Cr |
| Operating Expenses | - | 2.08 Cr | 1.22 Cr | 4.01 Cr | 3.35 Cr |
| Operating Income | - | 7.29 Cr | 31.99 Cr | 52.52 Cr | 41.34 Cr |
| EBITDA | - | 9.61 Cr | 36.04 Cr | 57.91 Cr | 47.79 Cr |
| Interest Expense | - | 3.14 Cr | 3.76 Cr | 3.60 Cr | 90.80 L |
| Pretax Income | - | 6.31 Cr | 32.13 Cr | 54.15 Cr | 46.65 Cr |
| Tax Provision | - | 1.17 Cr | 4.62 Cr | 8.95 Cr | 8.52 Cr |
| Net Income | - | 3.92 Cr | 17.65 Cr | 31.56 Cr | 29.57 Cr |
| Diluted EPS | 3.99 | 3.36 | 15.11 | 38.64 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 132.54 Cr | 160.25 Cr | 224.98 Cr | 237.15 Cr |
| Current Assets | - | 72.66 Cr | 95.50 Cr | 125.38 Cr | 94.58 Cr |
| Cash & Equivalents | - | 1.81 Cr | 5.72 Cr | 15.83 Cr | 80.70 Cr |
| Inventory | - | 16.51 Cr | 15.97 Cr | 15.74 Cr | 0 |
| Receivables | - | 30.32 L | 30.67 L | 42.66 L | 41.57 L |
| Total Liabilities | - | 48.65 Cr | 53.02 Cr | 44.31 Cr | 15.54 Cr |
| Current Liabilities | - | 2.56 Cr | 2.38 Cr | 5.98 Cr | 5.22 Cr |
| Long Term Debt | - | 40.93 Cr | 46.26 Cr | 28.02 Cr | 0 |
| Total Debt | - | 40.95 Cr | 46.26 Cr | 28.02 Cr | 0 |
| Total Equity | - | 56.10 Cr | 72.89 Cr | 128.74 Cr | 160.43 Cr |
| Shares Outstanding | - | 1.17 Cr | 1.17 Cr | 1.22 Cr | 1.22 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 10.76 Cr | 25.86 Cr | 48.36 Cr | 33.51 Cr |
| Investing Cash Flow | - | 75.86 L | -6.09 Cr | -11.74 Cr | -27.61 Cr |
| Financing Cash Flow | - | 7.06 Cr | 1.57 Cr | -8.00 Cr | -28.93 Cr |
| Capital Expenditure | - | -28.62 L | -13.71 L | -34.51 L | -33.68 L |
| Free Cash Flow | - | 10.48 Cr | 25.72 Cr | 48.01 Cr | 33.18 Cr |
| Net Change in Cash | - | 18.58 Cr | 21.33 Cr | 28.61 Cr | -23.02 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 17.5% | 50.2% | 50.1% | 57.2% |
| Operating Margin % | - | 13.6% | 48.4% | 46.5% | 52.9% |
| Net Margin % | - | 7.3% | 26.7% | 28.0% | 37.8% |
| ROE % | - | 7.0% | 24.2% | 24.5% | 18.4% |
| ROCE % | - | 5.6% | 20.3% | 24.0% | 17.8% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ARYAMAN
Volume Gainers Today, 23 October 2026 at 3:30 PM IST - HDFC Sky
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ARYAMAN — Frequently Asked Questions
What is the current share price of Aryaman Financial Services Limited (ARYAMAN)?
As of 2026-10-24 04:55 IST, Aryaman Financial Services Limited (ARYAMAN) trades at ₹624.90 on NSE. Its 52-week range is ₹585.00 to ₹649.95.
What is the market capitalisation of ARYAMAN?
Aryaman Financial Services Limited (ARYAMAN) has a market capitalisation of ₹765.32 Cr on NSE.
What is the P/E ratio of ARYAMAN?
ARYAMAN trades at a trailing price-to-earnings (P/E) ratio of 25.17. The industry average P/E is 15.25. Its price-to-book (P/B) ratio is 3.71.
What is the return on equity (ROE) of ARYAMAN?
ARYAMAN has a return on equity (ROE) of 18.43%. Its return on capital employed (ROCE) is 17.83%.
Is ARYAMAN a good stock to buy?
This page provides a data-driven analysis of Aryaman Financial Services Limited (ARYAMAN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.