Aryaman Financial Services

NSE: ARYAMANBSE: 530245
Compare with peers
₹ 650.00▲ 0.65 (+0.1%)28 Oct, 03:24 pm IST
Market cap
₹ 748 Cr.
P/E
27.1x
P/B
4.77x
52-week range
570 – 674.95
ROE
20%
Dividend yield
0%
Debt / equity
0
Sector
Finance
Industry
Non Banking Financial Company (NBFC)
Listed on
NSE, BSE

About

Aryaman Financial Services Limited is an India-based company, which is a merchant banker. The Company is engaged in the business of management and syndication of small and medium-sized initial public offerings (IPO's), follow on public offer (FPO's), rights issues, composite issues, qualified institutional placement (QIP's), private investment in public equity (PIPE) deals, venture capital (VC) funding and other forms of fundraising. The Company's principal products/services include income from merchant banking fees. It also acts as lead manager to mergers and acquisitions (M&A) transactions, open offers, delisting offers and buybacks, among others. The Company provides valuation and advisory services for foreign investments, employee stock options plan (ESOP) certifications, fairness opinions of amalgamation schemes, mergers and spin-off transactions, among others. The Company, through its subsidiary and group companies, provides stock and commodity broking services.

Quick check

The five things to look at first. Open one for more.

Aryaman Financial Services against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)27.1 against a typical 22.5: pricier than most peers (1st = cheapest).152nd of 284
  • Sales growth−31% against a typical +18.3% from a year earlier.223rd of 259
  • Profit growth+7.7% against a typical +20.2% from a year earlier.125th of 214
  • Size₹ 748 Cr. market value against a typical ₹ 43 Cr. (1st = largest).38th of 269

Share price

1Y change +8.35%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue32176112538392919201020
Interest111111110000
Expenses108541611291471064
Financing Profit2070682510141210516
Financing Margin %64%45%2%55%31%67%26%50%61%50%46%80%
Other Income111111212211
Depreciation000000000000
Profit before tax2182792612161312617
Tax %13%16%16%14%24%16%13%15%22%24%7%17%
Net Profit187167221113109614
EPS in Rs9.234.420.823.144.5212.196.838.26.575.633.758.27

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
20%
5 Years
−11%
3 Years
12%
TTM
−47%
Compounded Profit Growth
10 Years
46%
5 Years
107%
3 Years
96%
TTM
−22%
Stock Price CAGR
10 Years
38%
5 Years
65%
3 Years
58%
TTM
—
Return on Equity
10 Years
18%
5 Years
22%
3 Years
25%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
63.92%
0 pts in a year
DIIs
0.01%
0 pts in a year
Public
36.07%
0 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 27.1xEPS (12 months) ₹ 24.22Median P/E 33.1x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Aryaman Financial Services₹ 650.00₹ 748 Cr.27.1x4.8x20%—
ICICI Prudential Asset Management Company Ltd₹ 2,655.00₹ 1,30,928 Cr.47.7x37.7x—56%
HDFC Asset Management Company₹ 2,250.00₹ 96,542 Cr.39.9x12.3x—69.3%
Nippon Life India Asset Management₹ 922.10₹ 59,010 Cr.50.1x16.3x34.5%56.4%
Multi Commodity Exchange Of India₹ 3,017.00₹ 76,931 Cr.52.6x16.6x37.9%57.8%
Motilal Oswal Financial Services₹ 925.00₹ 55,715 Cr.30.8x4.5x15.6%21.2%

Management

Shripal S. Shah
Executive Chairman of the Board
Reenal Khandelwal
Compliance Officer, Company Secretary
Shreyas Shrenik Shah
Whole-Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.