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ARMANFINArman Financial Services Limited

Financial Services · Credit Services · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Arman Financial Services Limited, together with its subsidiary, operates as a non-banking finance company in India. The company offers micro, small, and medium enterprise loans; two wheeler loans; and micro finance loans as well as individual business loans and loan against property. The company was formerly known as Arman Lease and Finance Limited and changed its name to Arman Financial Services Limited in November 2008. Arman Financial Services Limited was incorporated in 1992 and is headquartered in Ahmedabad, India.

2,011.30
1.24%
61Decent

Mkt Cap
₹2,114 Cr
P/E
37.5
P/B
2.2
Div Yield
0.00%
52W High
₹2,158.60
52W Low
₹1,301.00

Price & Volume

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Key Ratios

Market Cap (₹ cr)2,114.40
P/E37.51
P/B2.24
PEG0.16
ROE %6.26
ROCE %7.00
Debt / Equity1.90
EPS53.62
Revenue Growth %36.80
Profit Growth %221.60
Dividend Yield %0.00
Promoter Holding %30.82
FII Holding %11.22
DII Holding %
Beta0.19

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

HOLDConviction 66%

The picture

  • Revenue growth: 36.8% YoY
  • Profit growth: 221.6% YoY
  • PEG ratio: 0.16
  • RSI: 54
  • MACD: bullish
  • Price vs EMA21: above
  • Pullback to 21-EMA signal (setup quality 67%)

Bull case

  • Revenue growth: 36.8% YoY
  • Profit growth: 221.6% YoY
  • PEG ratio: 0.16
  • RSI: 54

Bear case

  • ROE: 6.3%
  • ROCE: 7.0%
  • Volume: 0.5x 20-day average
  • 1-month return: -0.1%

Key risks

  • Weak fundamentals — technical strength may not sustain
  • ROE: 6.3%
  • ROCE: 7.0%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹2,011.30
Stop Loss
₹1,853.28
risk 7.9%
Target 1 (1.5R)
₹2,248.33
+11.8%
Target 2 (3R)
₹2,485.36
+23.6%
Support (20d)
₹1,872.00
Resistance (52w)
₹2,158.60
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹158.02/share
ATR (volatility)
₹69.90
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹69.90). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental43
Technical70
Momentum72
Risk (safety)63

Peers — Financial Services

SHAREINDIA 1.33%
79
ANANDRATHI 0.39%
76
CRISIL 0.50%
74
MCX 0.73%
74
STEELCITY 0.11%
73
SMCGLOBAL 0.42%
73