Last close ₹1,411.70down ₹40.30 (2.78%)BSE ₹1,409.35
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,452.00.
52-week range of traded prices to 23 Oct 2026
₹1,301.00Low, 9 Mar 2026₹2,158.60High, 13 Aug 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,489 Cr1,243rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 12 Aug 2026
- 12.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 27 May 2026
- 1.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 12 Aug 2026
- 12.9%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 18.46%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 13.66%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 7.61%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- 2.25%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 2.78times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,06,98760.8% delivered
Who owns Arman Financial Services, filing by filing
Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.
Sep 2026 filing
- Promoters21.93%
- Foreign institutions2.85%
- Indian institutions5.48%
- GovernmentsNone
- Individuals and others69.75%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Indian institutions
- Governments
- Individuals and others
| Per cent | Dec 2016Filed 6 Jan | Mar 2017Filed 12 Apr | Jun 2017Filed 7 Jul | Sep 2017Filed 6 Oct | Dec 2017Filed 6 Jan | Mar 2018Filed 11 Apr | Jun 2018Filed 11 Jul | Sep 2018Filed 15 Oct | Dec 2018Filed 18 Jan | Mar 2019Filed 10 Apr | Jun 2019Filed 16 Jul | Sep 2019Filed 2 Nov | Dec 2019Filed 7 Jan | Mar 2020Filed 15 Apr | Jun 2020Filed 9 Jul | Sep 2020Filed 8 Oct | Dec 2020Filed 4 Jan | Mar 2021Filed 8 Apr | Jun 2021Filed 14 Jul | Sep 2021Filed 9 Oct | Dec 2021Filed 6 Jan | Mar 2022Filed 11 Apr | Jun 2022Filed 11 Jul | Sep 2022Filed 21 Oct | Dec 2022Filed 9 Jan | Mar 2023Filed 7 Apr | Jun 2023Filed 11 Jul | Sep 2023Filed 10 Oct | Dec 2023Filed 5 Jan | Mar 2024Filed 11 Apr | Jun 2024Filed 8 Jul | Sep 2024Filed 11 Oct | Dec 2024Filed 8 Jan | Mar 2025Filed 10 Apr | Jun 2025Filed 21 Jul | Sep 2025Filed 18 Oct | Dec 2025Filed 20 Jan | Mar 2026Filed 21 Apr | Jun 2026Filed 20 Jul | Sep 2026Filed 17 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27.70% | 27.42% | 27.37% | 26.97% | 26.70% | 26.62% | 27.26% | 27.13% | 39.75% | 39.75% | 39.75% | 39.59% | 27.66% | 27.65% | 27.65% | 27.51% | 27.47% | 27.46% | 27.46% | 27.45% | 27.45% | 27.45% | 27.39% | 27.36% | 27.35% | 27.31% | 27.27% | 26.58% | 23.65% | 22.09% | 22.09% | 22.07% | 22.07% | 22.06% | 22.05% | 22.00% | 22.00% | 22.00% | 22.00% | 21.93% | |
| Indian promoters | 27.70% | 27.42% | 27.37% | 26.97% | 26.70% | 26.62% | 27.26% | 27.13% | 39.75% | 39.75% | 39.75% | 39.59% | 27.66% | 27.65% | 27.65% | 27.51% | 27.47% | 27.46% | 27.46% | 27.45% | 27.45% | 27.45% | 27.39% | 27.36% | 27.35% | 27.31% | 27.27% | 26.58% | 23.65% | 22.09% | 22.09% | 22.07% | 22.07% | 22.06% | 22.05% | 22.00% | 22.00% | 12.98% | 12.98% | 21.93% |
| Foreign promoters | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 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% | 0.00% | 0.00% | – | – | – | 9.02% | 9.02% | – |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 72.30% | 72.58% | 72.63% | 73.03% | 73.30% | 73.38% | 72.74% | 72.87% | 60.25% | 60.25% | 60.25% | 60.41% | 72.34% | 72.35% | 72.35% | 72.49% | 72.53% | 72.54% | 72.54% | 72.55% | 72.55% | 72.55% | 72.61% | 72.64% | 72.65% | 72.69% | 72.73% | 73.42% | 76.35% | 77.91% | 77.91% | 77.93% | 77.93% | 77.94% | 77.95% | 78.00% | 78.00% | 78.00% | 78.00% | 78.07% |
| Shares in issue | 57,20,179 | 57,20,179 | 57,20,179 | 57,20,179 | 57,20,179 | 57,20,179 | 57,20,179 | 57,47,824 | 69,52,298 | 69,52,298 | 69,52,298 | 69,81,293 | 84,50,144 | 84,50,894 | 84,50,894 | 84,87,634 | 84,87,634 | 84,88,384 | 84,88,384 | 84,91,584 | 84,91,584 | 84,91,584 | 84,92,334 | 84,92,334 | 84,92,334 | 84,92,334 | 84,93,579 | 87,11,056 | 97,87,346 | 1,04,76,774 | 1,04,78,684 | 1,04,90,538 | 1,04,90,538 | 1,04,90,538 | 1,04,91,688 | 1,05,12,921 | 1,05,12,921 | 1,05,12,921 | 1,05,14,761 | 1,05,46,332 |
| Shares locked inShares locked in. Shares the filing reports as barred from sale until a set day, such as promoters' shares after a public issue or shares allotted to an investor directly. | – | – | – | – | – | – | – | 27,645 | 27,645 | 27,645 | 28,045 | 29,595 | 10,35,853 | 10,36,403 | 10,36,403 | 10,44,348 | 8,20,998 | 8,20,598 | 8,20,398 | 7,86,858 | 7,86,858 | 7,86,108 | 7,86,858 | 11,58,435 | 11,54,770 | 750 | 1,245 | 1,245 | 1,245 | 1,245 | 1,910 | 2,210 | 2,210 | 2,210 | 1,450 | 1,450 | 1,450 | 1,450 | 1,400 | 1,500 |
| Promoters' shares locked in | – | – | – | – | – | – | – | – | – | – | – | – | 7,82,908 | 7,82,908 | 7,82,908 | 7,82,908 | 7,82,908 | 7,82,908 | 7,82,908 | 7,82,908 | 7,82,908 | 7,82,908 | 7,82,908 | 7,82,908 | 7,82,908 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – | – |
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
Arman Financial Services promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is NAMRA HOLDINGS AND CONSULTANCY SERVICES LLP, 8.99%.Promoter buying and selling
| Holder | ||
|---|---|---|
| NAMRA HOLDINGS AND CONSULTANCY SERVICES LLPIndian companies, trusts and others | 8.99% | 9,48,308 |
| RITABEN JAYENDRABHAI PATELIndividuals and Hindu undivided families | 4.13% | 4,36,089 |
| Late JAYENDRABHAI BHAILALBHAI PATELIndividuals and Hindu undivided families | 4.06% | 4,27,937 |
| AALOK JAYENDRABHAI PATELIndividuals and Hindu undivided families | 2.35% | 2,47,809 |
| JAYENDRA BHAILAL PATEL HUFIndividuals and Hindu undivided families | 1.86% | 1,96,000 |
| SAJNI AALOK PATELIndividuals and Hindu undivided families | 0.39% | 41,316 |
| AMIT RAJNIKANT MANAKIWALAIndividuals and Hindu undivided families | 0.09% | 9,700 |
| HIMANI AMIT MANAKIWALAIndividuals and Hindu undivided families | 0.04% | 4,334 |
| MAULIK AMIT MANAKIWALAIndividuals and Hindu undivided families | 0.01% | 800 |
No promoter shares are reported as pledged.
Largest public holders of Arman Financial Services, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016Filed 6 Jan | Mar 2017Filed 12 Apr | Jun 2017Filed 7 Jul | Sep 2017Filed 6 Oct | Dec 2017Filed 6 Jan | Mar 2018Filed 11 Apr | Jun 2018Filed 11 Jul | Sep 2018Filed 15 Oct | Dec 2018Filed 18 Jan | Mar 2019Filed 10 Apr | Jun 2019Filed 16 Jul | Sep 2019Filed 2 Nov | Dec 2019Filed 7 Jan | Mar 2020Filed 15 Apr | Jun 2020Filed 9 Jul | Sep 2020Filed 8 Oct | Dec 2020Filed 4 Jan | Mar 2021Filed 8 Apr | Jun 2021Filed 14 Jul | Sep 2021Filed 9 Oct | Dec 2021Filed 6 Jan | Mar 2022Filed 11 Apr | Jun 2022Filed 11 Jul | Sep 2022Filed 21 Oct | Dec 2022Filed 9 Jan | Mar 2023Filed 7 Apr | Jun 2023Filed 11 Jul | Sep 2023Filed 10 Oct | Dec 2023Filed 5 Jan | Mar 2024Filed 11 Apr | Jun 2024Filed 8 Jul | Sep 2024Filed 11 Oct | Dec 2024Filed 8 Jan | Mar 2025Filed 10 Apr | Jun 2025Filed 21 Jul | Sep 2025Filed 18 Oct | Dec 2025Filed 20 Jan | Mar 2026Filed 21 Apr | Jun 2026Filed 20 Jul | Sep 2026Filed 17 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ELEVATION CAPITAL V LIMITEDForeign companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 22.26% | 22.26% | 22.26% | 22.26% | 22.26% | 22.26% | 22.26% | 22.26% | 21.70% | 15.21% | 13.83% | 11.88% | 11.87% | 10.90% | 10.90% | 10.90% | 10.88% | 10.13% | 8.36% | 8.09% | 7.58% |
| MUKUL MAHAVIR AGRAWALResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | 10.05% | 10.00% | 8.27% | 8.27% | 8.27% | 8.24% | 5.92% | 5.14% | 5.14% | 5.12% | 5.06% | 5.06% | 5.06% | 5.06% | 5.06% | 5.06% | 4.76% | 4.71% | 4.71% | 4.71% | 4.71% | 4.59% | 4.09% | 3.82% | 3.82% | 3.81% | 3.81% | 3.81% | 3.81% | 3.80% | 3.80% | 3.80% | 3.80% | 3.79% |
| AIRAVAT CAPITAL TRUST - AIRAVAT CAPITAL TRUST IIAlternative investment funds | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.27% | 1.79% | 1.79% | 1.79% | 1.79% |
| INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.89% | 1.88% | 1.86% | 1.85% | 1.84% | 1.79% | 1.76% |
| VINAY JAIPRAKASH AMBEKARNon-resident Indians | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.00% | 1.00% | 1.03% | 1.03% | 1.03% | 1.03% | – | – | – | 1.08% | 1.14% |
| ABHISHEK PRADEEPKUMAR BANSALResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.09% |
| DUMT TRADEVESTOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.02% | 1.02% | 1.12% | 1.12% | 1.14% | 1.04% | 1.04% | 1.05% | 1.07% |
| AIRAVAT CAPITAL TRUSTAIRAVAT CAPITAL TRUSTAlternative investment funds | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.57% | – | – | – | – | – |
| DEBASHISH NEOGINon-resident Indians | – | – | – | – | 1.08% | 1.37% | 1.39% | 1.61% | 1.37% | 1.60% | 1.89% | 2.02% | 1.67% | 1.78% | 1.80% | 1.50% | 1.43% | 1.51% | 1.61% | 1.54% | 1.54% | 1.54% | 1.74% | 1.62% | 1.62% | 1.62% | 1.24% | 1.21% | 1.08% | 1.01% | 1.01% | 1.12% | 1.19% | 1.21% | 1.11% | – | – | – | – | – |
| SANDEEP KAPADIANon-resident Indians | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.00% | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% | 1.17% | 1.14% | 1.02% | 1.34% | 1.43% | 1.43% | 1.05% | 1.05% | 1.05% | – | – | – | – | – |
| AIRAVAT CAPITAL TRUSTAlternative investment funds | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.21% | 1.41% | – | – | – | – | – | – |
| HIGHWEST GLOBAL MASTER FUND, LPForeign portfolio investors, category II | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.84% | 2.71% | 3.24% | 3.24% | 3.24% | 3.24% | 3.24% | 3.24% | 3.24% | 3.24% | 3.24% | 2.51% | 2.24% | 2.32% | 2.42% | 2.42% | – | – | – | – | – | – | – | – |
| SIXTEENTH STREET ASIAN GEMS FUNDForeign companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3.88% | 3.62% | – | – | – | – | – | – | – | – | – |
| KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD.Insurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.16% | 1.09% | 1.09% | – | – | – | – | – | – | – | – | – |
| NEIGHBOURHOOD INVESTMENT PRIVATE LIMITEDCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.07% | 1.08% | 1.08% | 1.08% | – | – | – | – | – | – | – | – | – | – | – | – |
| VINOD KUMAR DUGARResident individuals, over ₹2 lakh at face value | 1.60% | 1.60% | 1.60% | 1.60% | 1.60% | 1.60% | 1.60% | 1.60% | 1.32% | 1.32% | 1.32% | 1.31% | 1.09% | 1.09% | 1.09% | 1.08% | 1.08% | 1.08% | 1.08% | 1.08% | 1.08% | 1.08% | 1.08% | 1.08% | 1.08% | 1.08% | 1.08% | 1.05% | – | – | – | – | – | – | – | – | – | – | – | – |
| AMRAV DUGARResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.61% | 1.16% | 1.03% | – | – | – | – | – | – | – | – | – | – | – | – |
| AVINASH PARSRAM WADHWAResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.12% | 1.12% | 1.12% | 1.12% | 1.08% | 1.08% | 1.08% | 1.08% | 1.08% | 1.08% | 1.00% | – | – | – | – | – | – | – | – | – | – | – | – | – |
| BABULALL DUGARResident individuals, over ₹2 lakh at face value | 2.37% | 2.37% | 2.37% | 2.37% | 2.39% | 2.39% | 2.39% | 2.38% | 1.97% | 1.97% | 1.97% | 1.96% | 1.62% | 1.62% | 1.62% | 1.61% | 1.61% | 1.61% | 1.61% | 1.61% | 1.61% | 1.61% | 1.61% | 1.61% | 1.61% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SEVEN CANYONS STRATEGIC INCOME FUNDInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.32% | 1.10% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SAIF PARTNERS INDIA V LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | 22.37% | 22.37% | 22.37% | 22.27% | 22.27% | 22.27% | 22.27% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| AVINASH P WADHWAResident individuals, over ₹2 lakh at face value | 1.58% | 1.58% | 1.58% | 2.10% | 2.10% | 2.10% | 2.10% | 2.09% | 1.73% | 1.73% | 1.73% | 1.72% | 1.42% | 1.12% | 1.12% | 1.12% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Bharti JainResident individuals, over ₹2 lakh at face value | – | – | – | – | 1.49% | 1.46% | 1.42% | 1.41% | 1.16% | 1.16% | 1.16% | 1.16% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| OM PRAKASH DAMANIResident individuals, over ₹2 lakh at face value | – | – | – | 1.22% | 1.22% | 1.30% | 1.30% | 1.29% | 1.07% | 1.07% | 1.07% | 1.06% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ADARSH ZACHARIAS AUGUSTINEResident individuals, over ₹2 lakh at face value | – | – | – | 1.08% | 1.22% | 1.21% | 1.21% | 1.34% | 1.16% | 1.18% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MUKUL AGRAWALResident individuals, over ₹2 lakh at face value | 3.62% | 3.62% | 3.62% | 3.62% | 4.37% | 10.05% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| BHARATI JAINResident individuals, over ₹2 lakh at face value | 1.49% | 1.49% | 1.49% | 1.49% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MAVERICK FINANCIAL SERVICES PRIVATE LIMITEDOther non-institutions | – | – | 1.70% | 1.24% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MAVERICK SHARE BROKERS LIMITED - CLIENT BENEFICIARY A/COther non-institutions | – | – | – | 1.23% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| JANKI DEVI KHANDELWALResident individuals, over ₹2 lakh at face value | 1.33% | 1.33% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SILVER STALLION LIMITEDInstitutions Foreign Portfolio Investor | 1.47% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.