Aryaman Financial Services Ltd

Aryaman Financial Services Ltd

₹ 583 1.85%
13 Jun - close price
About

Incorporated in 1994, Aryaman Financial Services Ltd is in the business of Merchant Banking, Investments (Strategic & Non Strategic)[1]

Key Points

Services Offerings[1][2]
A) Fund Raising – Equity Capital Markets The company advises corporates and businesses of all sizes which are seeking to mobilize capital from investors in India and overseas through IPOs, FPOs, Rights Issues, and other ways of raising capital.
B) M&A Advisory and Open Offer Management: The M&A segment is engaged in turnkey transaction management and advises a diverse range of clients in medium to large transactions. It provides both buy-side and sell-side advisory services as part of our M&A advisory offerings.
C) Private Equity Offerings: It advises promoters and companies on the key considerations in a PE fundraising exercise.
D) Structured Finance Advisory: The company organizes appropriate financing solutions for client-specific situations and identifies and places the transaction with institutional investors. The portfolio of solutions comprises Promoter Financing and acquisition Financing.
E) Corporate Finance Advisory and Certifications: Managing corporate finance activities such as Schemes of Amalgamations, Mergers, ESOP Transactions, Foreign Remittance and Equity Placements, etc. [3]

  • Market Cap 681 Cr.
  • Current Price 583
  • High / Low 590 / 262
  • Stock P/E 111
  • Book Value 43.0
  • Dividend Yield 0.00 %
  • ROCE 20.4 %
  • ROE 15.2 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 48.8% CAGR over last 5 years
  • Promoter holding has increased by 1.75% over last quarter.

Cons

  • Stock is trading at 13.6 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 12.6% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1.89 1.00 1.30 3.10 0.74 1.23 5.96 6.58 1.34 1.97 3.94 2.36 11.70
1.67 0.60 0.76 1.39 1.25 0.59 4.62 4.37 1.21 1.05 2.98 1.62 7.25
Operating Profit 0.22 0.40 0.54 1.71 -0.51 0.64 1.34 2.21 0.13 0.92 0.96 0.74 4.45
OPM % 11.64% 40.00% 41.54% 55.16% -68.92% 52.03% 22.48% 33.59% 9.70% 46.70% 24.37% 31.36% 38.03%
0.08 0.12 0.10 0.12 0.15 0.17 0.18 0.23 0.25 0.23 0.27 0.28 0.43
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.00 0.01 0.01 0.01 0.01
Profit before tax 0.28 0.50 0.62 1.81 -0.38 0.79 1.50 2.42 0.38 1.14 1.22 1.01 4.87
Tax % 25.00% 26.00% 19.35% 27.07% -23.68% 25.32% 25.33% 25.21% 23.68% 25.44% 25.41% 25.74% 25.67%
0.21 0.37 0.50 1.32 -0.29 0.58 1.12 1.81 0.28 0.85 0.91 0.75 3.61
EPS in Rs 0.18 0.32 0.43 1.13 -0.25 0.50 0.96 1.55 0.24 0.73 0.78 0.64 3.09
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2.63 1.77 2.64 5.06 10.91 8.65 4.78 2.80 5.12 6.63 15.94 19.97
2.07 1.32 1.87 3.42 7.53 6.27 3.46 2.01 3.23 3.99 10.80 12.89
Operating Profit 0.56 0.45 0.77 1.64 3.38 2.38 1.32 0.79 1.89 2.64 5.14 7.08
OPM % 21.29% 25.42% 29.17% 32.41% 30.98% 27.51% 27.62% 28.21% 36.91% 39.82% 32.25% 35.45%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.00 1.19
Interest 0.02 0.02 0.01 0.13 0.03 0.05 0.05 0.03 0.04 0.02 0.00 0.00
Depreciation 0.02 0.02 0.07 0.11 0.12 0.11 0.07 0.08 0.08 0.08 0.07 0.05
Profit before tax 0.52 0.41 0.69 1.40 3.23 2.22 1.20 0.70 1.78 2.54 5.07 8.22
Tax % 19.23% 21.95% 21.74% 28.57% 25.70% 25.68% 30.00% 17.14% 24.72% 25.20% 25.05% 25.67%
0.41 0.32 0.55 1.00 2.41 1.65 0.84 0.58 1.34 1.90 3.80 6.12
EPS in Rs 0.37 0.29 0.50 0.86 2.06 1.41 0.72 0.50 1.15 1.63 3.25 5.24
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 27%
5 Years: 33%
3 Years: 57%
TTM: 25%
Compounded Profit Growth
10 Years: 34%
5 Years: 49%
3 Years: 66%
TTM: 61%
Stock Price CAGR
10 Years: 44%
5 Years: 64%
3 Years: 117%
1 Year: 109%
Return on Equity
10 Years: 9%
5 Years: 10%
3 Years: 13%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 10.98 10.98 10.98 11.68 11.68 11.68 11.68 11.68 11.68 11.68 11.68 12.25
Reserves 3.30 3.62 4.16 6.04 8.45 10.11 10.94 11.52 12.86 14.76 18.56 37.95
0.10 0.08 0.39 0.32 0.21 0.25 0.24 0.18 0.07 0.00 0.00 0.00
0.73 0.95 0.94 0.69 4.65 2.75 0.65 0.93 0.84 1.87 1.17 1.86
Total Liabilities 15.11 15.63 16.47 18.73 24.99 24.79 23.51 24.31 25.45 28.31 31.41 52.06
1.09 1.04 1.47 1.34 1.25 1.25 1.19 1.12 1.06 0.99 0.95 1.11
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 8.69 9.37 9.37 13.47 13.76 13.47 13.47 13.47 13.47 13.47 13.47 23.97
5.33 5.22 5.63 3.92 9.98 10.07 8.85 9.72 10.92 13.85 16.99 26.98
Total Assets 15.11 15.63 16.47 18.73 24.99 24.79 23.51 24.31 25.45 28.31 31.41 52.06

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2.02 0.35 0.69 1.38 5.87 -0.66 -1.23 0.93 1.19 2.44 0.06 3.43
-1.66 -0.71 -0.31 -2.85 -5.75 0.63 0.35 0.34 0.30 0.47 0.81 -9.53
-0.04 -0.04 0.28 1.39 -0.10 0.01 -0.04 -0.09 -0.15 -0.08 0.00 13.84
Net Cash Flow 0.32 -0.40 0.66 -0.08 0.02 -0.02 -0.93 1.17 1.34 2.84 0.87 7.75

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 15.27 41.24 4.15 12.26 2.01 4.22 8.40 7.82 6.42 4.40 2.52 3.11
Inventory Days
Days Payable
Cash Conversion Cycle 15.27 41.24 4.15 12.26 2.01 4.22 8.40 7.82 6.42 4.40 2.52 3.11
Working Capital Days -59.68 -131.98 -110.61 -10.10 -38.47 32.49 203.12 259.41 138.30 54.50 90.45 97.97
ROCE % 3.81% 2.96% 4.63% 9.12% 16.99% 10.71% 5.57% 3.16% 7.58% 10.03% 17.89% 20.44%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
62.17% 62.17% 62.17% 62.17% 62.17% 62.17% 62.17% 62.17% 62.17% 62.17% 62.17% 63.92%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
0.00% 0.40% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
37.82% 37.42% 37.81% 37.82% 37.83% 37.81% 37.81% 37.81% 37.81% 37.82% 37.82% 36.07%
No. of Shareholders 1,6671,6751,6851,6001,5961,5671,6151,5681,5661,6531,6841,861

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents