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Arman Financial Services Limited

Established in 1992, Arman Financial Services Limited has 33 years of operational experience. The company’s Corporate Identification Number is L55910GJ1992PLC018623; registration no. 18623. It falls under the category of company limited by shares. The firm’s authorized share capital totals ₹15.00 crore. This company’s paid-up capital is valued at ₹10.49 crore.

Mainly engaged in hotels and restaurants. Its registered office is located in Ahmedabad. The official address of incorporation is 502-503 Sakar-iiiopp High Court Off Ashram Road, Ahmedabad, Gujarat, India, 380014. Currently, the company’s operational status is active. The company’s Permanent Account Number (PAN) is AABCA3165E. Arman Financial Services Limited is identified globally under LEI 335800YHQ1DBJH9K8G97. The company’s official contact email is finance@armanindia.com. The company’s top executive team comprises Vivek Arun Modi (CFO).

Company Overview

CIN
L55910GJ1992PLC018623
Date of Incorporation
25/11/1992
Company Status
Active
RoC
Ahmedabad
Registration Number
018623
Balance sheet date
31/03/2024
Company Category
Company limited by shares
Company Sub Category
Non-government company
Listed in Stock Exchange
Yes
Class of Company
Public Limited Company
LEI Number
335800YHQ1DBJH9K8G97
LEI Status
Issued
Authorized Capital
₹15,00,00,000.00
Paid up Capital
₹10,49,05,380.00
Activity
HOTELS AND RESTAURANTS
E-mail
finance@armanindia.com
PAN
AABCA3165E

GST Numbers

StateGST NumberStatus
Gujarat24AABCA3165E1Z7Active
Madhya Pradesh23AABCA3165E1Z9Active
Maharashtra27AABCA3165E1Z1Active
Rajasthan08AABCA3165E1Z1Active
Telangana36AABCA3165E1Z2Active
Uttar Pradesh09AABCA3165E1ZZActive
Uttarakhand05AABCA3165E1Z7Active

ISIN Numbers

ISINSecurityInterest RateMaturity DateFISNCFI
INE109C07113ARMAN FINANCIAL SERVICES LIMITED 11.1 NCD 01JL30 FVRS1LAC11.1% 01/07/2030ARMAN FIN SER/11.1 DEB SECDDBFSAN
INE109C07147ARMAN FINANCIAL SERVICES LIMITED 10.90 NCD 25SP28 FVRS1000010.9% 25/09/2028ARMAN FIN SER/10.9 DEB SNRDBFSAN
INE109C07139ARMAN FINANCIAL SERVICES LIMITED 11.35 NCD 29JL28 FVRS1000011.35% 29/07/2028ARMAN FIN SER/11.35 DEB SNRDBFSAN
INE109C07105ARMAN FINANCIAL SERVICES LIMITED 11.4 NCD 05JU28 FVRS5833511.4% 05/06/2028ARMAN FIN SER/11.4 DEB SNRDBFSAN
INE109C07121ARMAN FINANCIAL SERVICES LIMITED 11.35 NCD 05DC27 FVRS1000011.35% 05/12/2027ARMAN FIN SER/11.35 DEB SECDDBFSFN
INE109C01017ARMAN FINANCIAL SERVICES LIMITED EQ - 12/10/2026ARMAN FIN SER/SH VTGESVUFN
IN8109C01016ARMAN FINANCIAL SERVICES LIMITED EQ LISTING/TRADING APPROVAL AWAITED - 12/10/2026ARMAN FIN SER/SH VTGESVUFN

Balance Sheet

Metric31/03/202631/03/202531/03/202431/03/202331/03/202231/03/202031/03/2019
Net PPE₹3,398.78L₹3,093.96L₹736.83L₹576.30L₹0.00L₹0.00L₹0.00L
Net Debt₹1,68,793.93L₹1,16,457.02L₹1,60,633.71L₹1,57,819.00L₹0.00L₹0.00L₹0.00L
Gross PPE₹4,186.84L₹3,124.16L₹1,199.59L₹1,085.70L₹0.00L₹0.00L₹0.00L
Total Debt₹1,77,572.25L₹1,23,232.05L₹1,72,492.75L₹1,60,441.11L₹0.00L₹0.00L₹0.00L
Common Stock₹1,051.29L₹1,049.05L₹1,047.68L₹849.23L₹0.00L₹0.00L₹0.00L
Current Debt₹82,376.75L₹0.00L₹1,10,252.67L₹93,223.44L₹64,865.50L₹0.00L₹0.00L
Share Issued₹105.13L₹104.91L₹104.77L₹84.92L₹0.00L₹0.00L₹0.00L
Total Assets₹2,79,781.02L₹2,22,731.65L₹2,63,505.73L₹2,03,816.41L₹0.00L₹0.00L₹0.00L
Capital Stock₹1,051.29L₹1,049.05L₹1,047.68L₹849.23L₹0.00L₹0.00L₹0.00L
Long Term Debt₹95,195.50L₹37,601.81L₹62,240.08L₹67,217.67L₹0.00L₹0.00L₹0.00L
Current Assets₹1,81,094.15L₹1,64,404.90L₹2,21,124.45L₹1,63,308.84L₹0.00L₹0.00L₹0.00L
Prepaid Assets₹458.74L₹0.00L₹246.27L₹120.49L₹112.89L₹0.00L₹0.00L
Working Capital₹90,234.77L₹2,08,381.94L₹1,01,504.64L₹63,687.57L₹0.00L₹0.00L₹0.00L
Invested Capital₹2,70,905.47L₹2,10,673.38L₹2,53,761.31L₹1,97,010.16L₹0.00L₹0.00L₹0.00L
Other Properties₹407.23L₹255.44L₹255.44L₹179.40L₹0.00L₹0.00L₹0.00L
Retained Earnings₹40,444.91L₹35,866.38L₹31,691.06L₹17,869.78L₹0.00L₹0.00L₹0.00L
Common Stock Equity₹93,333.22L₹87,441.32L₹81,268.56L₹36,569.05L₹0.00L₹0.00L₹0.00L
Net Tangible Assets₹93,313.92L₹87,411.12L₹81,239.27L₹36,535.01L₹0.00L₹0.00L₹0.00L
Tangible Book Value₹93,313.92L₹87,411.12L₹81,239.27L₹36,535.01L₹0.00L₹0.00L₹0.00L
Current Liabilities₹90,859.38L₹97,481.81L₹1,19,619.81L₹99,621.27L₹0.00L₹0.00L₹0.00L
Long Term Provisions₹573.24L₹321.74L₹258.88L₹199.71L₹0.00L₹0.00L₹0.00L
Stockholders Equity₹93,333.22L₹87,441.33L₹81,268.56L₹36,569.05L₹0.00L₹0.00L₹0.00L
Other Equity Interest₹1,184.43L₹86,392.28L₹657.27L₹6,406.81L₹0.00L₹0.00L₹0.00L
Total Capitalization₹1,88,528.72L₹2,10,673.38L₹1,43,508.64L₹1,03,786.72L₹0.00L₹0.00L₹0.00L
Ordinary Shares Number₹105.13L₹104.91L₹104.77L₹84.92L₹0.00L₹0.00L₹0.00L
Other Intangible Assets₹19.30L₹0.00L₹29.29L₹34.04L₹37.96L₹0.00L₹0.00L
Other Non Current Assets₹481.93L₹248.62L₹246.27L₹120.49L₹0.00L₹0.00L₹0.00L
Total Non Current Assets₹98,686.85L₹14,023.22L₹42,381.30L₹40,507.55L₹0.00L₹0.00L₹0.00L
Cash And Cash Equivalents₹8,778.32L₹6,775.03L₹11,859.04L₹2,622.11L₹0.00L₹0.00L₹0.00L
Construction In Progress₹256.14L₹19.62L₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Accumulated Depreciation-₹788.06L-₹630.73L-₹462.76L-₹509.40L₹0.00L₹0.00L₹0.00L
Additional Paid In Capital₹40,043.07L₹0.00L₹39,225.40L₹6,903.37L₹6,897.96L₹0.00L₹0.00L
Other Short Term Investments₹40,649.43L₹33,566.96L₹41,310.56L₹42,650.63L₹0.00L₹0.00L₹0.00L
Other Non Current Liabilities₹340.04L₹262.83L₹0.03L₹355.70L₹0.00L₹0.00L₹0.00L
Machinery Furniture Equipment₹1,036.44L₹962.59L₹807.76L₹769.91L₹0.00L₹0.00L₹0.00L
Goodwill And Other Intangible Assets₹19.30L₹30.20L₹29.29L₹34.04L₹0.00L₹0.00L₹0.00L
Total Equity Gross Minority Interest₹93,333.22L₹87,441.33L₹81,268.56L₹36,569.05L₹0.00L₹0.00L₹0.00L
Total Liabilities Net Minority Interest₹1,86,447.80L₹1,35,290.33L₹1,82,237.17L₹1,67,247.36L₹0.00L₹0.00L₹0.00L
Current Debt And Capital Lease Obligation₹82,376.75L₹85,630.24L₹1,10,252.67L₹93,223.44L₹0.00L₹0.00L₹0.00L
Long Term Debt And Capital Lease Obligation₹95,195.50L₹1,23,232.05L₹62,240.08L₹67,217.67L₹0.00L₹0.00L₹0.00L
Cash Cash Equivalents And Short Term Investments₹49,427.75L₹40,341.99L₹53,169.60L₹45,272.74L₹0.00L₹0.00L₹0.00L
Total Non Current Liabilities Net Minority Interest₹95,588.42L₹37,808.52L₹62,617.36L₹67,626.09L₹0.00L₹0.00L₹0.00L

Cash Flow

Metric31/03/202631/03/202531/03/202431/03/202331/03/202231/03/202031/03/2019
Free Cash Flow-₹47,951.22L₹46,744.35L-₹30,477.85L-₹72,002.19L₹0.00L₹0.00L₹0.00L
Changes In Cash₹2,003.28L-₹5,084.01L₹9,236.93L-₹4,930.65L₹0.00L₹0.00L₹0.00L
End Cash Position₹8,778.32L₹6,775.03L₹11,859.04L₹2,622.12L₹0.00L₹0.00L₹0.00L
Financing Cash Flow₹54,611.52L-₹49,485.10L₹37,639.32L₹68,097.07L₹0.00L₹0.00L₹0.00L
Investing Cash Flow-₹4,968.02L-₹4,880.42L₹1,838.01L-₹1,261.63L₹0.00L₹0.00L₹0.00L
Operating Cash Flow-₹47,640.22L₹49,281.51L-₹30,240.40L-₹71,766.09L₹0.00L₹0.00L₹0.00L
Capital Expenditure-₹311.00L-₹2,537.16L-₹237.45L-₹236.10L₹0.00L₹0.00L₹0.00L
Beginning Cash Position₹6,775.03L₹11,859.04L₹2,622.12L₹7,552.76L₹0.00L₹0.00L₹0.00L
Issuance Of Capital Stock₹105.39L₹58.88L₹23,000.60L₹3,825.34L₹0.00L₹0.00L₹0.00L
Other Cash Adjustment Outside Changein Cash₹0.01L₹0.00L-₹0.01L₹0.01L₹0.01L₹0.00L₹0.00L

Income Statement

Metric31/03/202631/03/202531/03/202431/03/202331/03/202231/03/202031/03/2019
EBIT₹7,759.09L₹6,918.28L₹24,804.01L₹12,505.38L₹0.00L₹0.00L₹0.00L
EBITDA₹7,927.91L₹7,097.35L₹22,959.47L₹12,620.87L₹0.00L₹0.00L₹0.00L
Basic EPS₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Net Income₹5,660.53L₹5,207.32L₹17,357.28L₹9,381.13L₹0.00L₹0.00L₹0.00L
Diluted EPS₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Gross Profit₹25,349.48L₹28,448.58L₹26,382.34L₹16,761.77L₹0.00L₹0.00L₹0.00L
Pretax Income₹7,735.84L₹6,909.22L₹22,808.95L₹12,495.37L₹0.00L₹0.00L₹0.00L
Tax Provision₹2,075.31L₹1,701.90L₹5,451.67L₹3,114.24L₹0.00L₹0.00L₹0.00L
Total Revenue₹58,613.24L₹61,671.31L₹61,638.47L₹38,853.12L₹0.00L₹21,150.70L₹14,051.03L
Cost Of Revenue₹33,263.76L₹33,222.73L₹32,270.86L₹22,091.35L₹0.00L₹0.00L₹0.00L
Total Expenses₹38,041.66L₹42,337.18L₹39,348.30L₹25,574.12L₹0.00L₹0.00L₹0.00L
Interest Income₹2,303.34L₹2,776.68L₹2,985.27L₹1,459.03L₹0.00L₹0.00L₹0.00L
Interest Expense₹23.25L₹0.00L₹8.15L₹10.01L₹11.88L₹0.00L₹0.00L
Operating Income₹20,571.58L₹19,334.13L₹19,304.90L₹13,279.00L₹0.00L₹0.00L₹0.00L
Tax Rate For Calcs₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Normalized EBITDA₹22,989.75L₹22,235.80L₹22,406.64L₹14,827.82L₹0.00L₹0.00L₹0.00L
Normalized Income₹16,681.70L₹16,616.82L₹16,936.58L₹11,038.11L₹0.00L₹0.00L₹0.00L
Operating Expense₹4,777.90L₹9,114.45L₹7,077.44L₹3,482.77L₹0.00L₹0.00L₹0.00L
Operating Revenue₹58,613.24L₹61,671.31L₹61,638.47L₹38,853.12L₹0.00L₹0.00L₹0.00L
Net Interest Income₹2,226.12L₹0.00L₹2,944.11L₹1,422.98L₹443.95L₹0.00L₹0.00L
Total Unusual Items-₹15,061.84L-₹15,138.45L₹552.83L-₹2,206.95L₹0.00L₹0.00L₹0.00L
Basic Average Shares₹105.00L₹104.85L₹89.01L₹84.92L₹0.00L₹0.00L₹0.00L
Diluted Average Shares₹105.66L₹105.71L₹90.05L₹88.13L₹0.00L₹0.00L₹0.00L
Total Other Finance Cost₹53.97L₹54.12L₹33.01L₹26.04L₹0.00L₹0.00L₹0.00L
Other Operating Expenses-₹1,269.16L₹5,238.74L₹4,346.49L₹1,800.73L₹0.00L₹0.00L₹0.00L
Reconciled Depreciation₹168.82L₹179.07L₹142.36L₹115.49L₹0.00L₹0.00L₹0.00L
Reconciled Cost Of Revenue₹33,263.76L₹33,222.73L₹32,270.86L₹22,091.35L₹0.00L₹0.00L₹0.00L
Rent Expense Supplemental₹751.12L₹0.00L₹396.41L₹355.96L₹300.69L₹0.00L₹0.00L
Tax Effect Of Unusual Items-₹4,040.67L-₹3,728.95L₹132.13L-₹549.97L₹0.00L₹0.00L₹0.00L
Interest Income Non Operating₹2,303.34L₹2,776.68L₹2,985.27L₹1,459.03L₹0.00L₹0.00L₹0.00L
Selling And Marketing Expense₹176.18L₹100.75L₹119.42L₹89.75L₹0.00L₹0.00L₹0.00L
Interest Expense Non Operating₹23.25L₹0.00L₹8.15L₹10.01L₹11.88L₹0.00L₹0.00L
Net Income Common Stockholders₹5,660.53L₹5,207.32L₹17,357.28L₹9,381.13L₹0.00L₹0.00L₹0.00L
Net Income Continuous Operations₹5,660.53L₹5,207.32L₹17,357.28L₹9,381.13L₹0.00L₹0.00L₹0.00L
Diluted NIAvailto Com Stockholders₹5,660.53L₹5,207.32L₹17,357.28L₹9,381.13L₹0.00L₹0.00L₹0.00L
General And Administrative Expense₹2,659.43L₹1,056.64L₹636.51L₹549.36L₹0.00L₹0.00L₹0.00L
Selling General And Administration₹2,835.61L₹1,157.39L₹755.93L₹639.11L₹0.00L₹0.00L₹0.00L
Net Income Discontinuous Operations₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Otherunder Preferred Stock Dividend₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Total Unusual Items Excluding Goodwill-₹15,061.84L-₹15,138.45L₹552.83L-₹2,206.95L₹0.00L₹0.00L₹0.00L
Net Non Operating Interest Income Expense₹2,226.12L₹0.00L₹2,944.11L₹1,422.98L₹443.95L₹0.00L₹0.00L
Net Income Including Noncontrolling Interests₹5,660.53L₹5,207.32L₹17,357.28L₹9,381.13L₹0.00L₹0.00L₹0.00L
Net Income From Continuing And Discontinued Operation₹5,660.53L₹5,207.32L₹17,357.28L₹9,381.13L₹0.00L₹0.00L₹0.00L
Net Income From Continuing Operation Net Minority Interest₹5,660.53L₹5,207.32L₹17,357.28L₹9,381.13L₹0.00L₹0.00L₹0.00L

Company Performance (FY19–FY26)

₹616.7 Cr₹462.5 Cr₹308.4 Cr₹154.2 Cr₹0
₹140.5 Cr
₹211.5 Cr
₹388.5 Cr
₹616.4 Cr
₹616.7 Cr
₹586.1 Cr
FY19FY20FY23FY24FY25FY26
Latest
₹586.13 Cr
Growth (YoY)
-5.0%
Average
₹426.63 Cr

Directors

AppointmentDirector nameDINDesignation
26/11/1992Ritaben Jayendrabhai Patel00011818DirectorView other directorships
28/08/1995Jayendrabhai Bhailalbhai Patel00011814Managing DirectorView other directorships
24/10/2000Aakash Jayendrabhai Patel02778878DirectorView other directorships
30/01/2007Aalok Jayendra Patel02482747Managing DirectorView other directorships
01/03/2016Jaimish Govindbhai Patel*****1259JCompany Secretary
26/05/2018Vivek Arun Modi*****7197CCFO
01/08/2018Alok Prasad00080225DirectorView other directorships
01/04/2020Geeta Haresh Solanki08212773DirectorView other directorships
02/09/2021Yash Kaushik Shah02155636DirectorView other directorships
14/08/2024Pinakin Surendrai Shah00007695DirectorView other directorships

Business Network

CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership

Directors 10

Subsidiaries 1

  • Namra Finance LimitedDirect

Latest Documents

Category:
DateTitleSize
10/11/2024
Form Addendum to AOC-4 CSR-30102024
-
16/10/2024
Form MGT-7-16102024_signed
-
16/10/2024
Form AOC-4 NBFC(IND AS)-11102024
-
15/10/2024
Form AOC-4 CFS NBFC(Ind AS)-15102024
-
12/03/2024
Form Addendum to AOC-4 CSR-12032024
-

Direct/Ultimate Children

TypeLegal NameLEI code
DirectNamra Finance Limited335800RS433QA22OMY47

Address

502-503 Sakar-iiiopp High Court Off Ashram Road, Ahmedabad, Gujarat, India, 380014

Frequently Asked Questions

What is the incorporation date of Arman Financial Services Limited?
The incorporation date of Arman Financial Services Limited is 25/11/1992.
What is the authorized share capital and paid-up capital of Arman Financial Services Limited?
The authorized share capital of Arman Financial Services Limited is ₹15,00,00,000.00. The paid-up capital is ₹10,49,05,380.00.
Who are the current board members & directors of Arman Financial Services Limited?

The current board member of Arman Financial Services Limited are:

  • Geeta Haresh Solanki
  • Yash Kaushik Shah
  • Ritaben Jayendrabhai Patel
  • Jayendrabhai Bhailalbhai Patel
  • Aalok Jayendra Patel
  • Aakash Jayendrabhai Patel
  • Alok Prasad
  • Pinakin Surendrai Shah
What is the registered address of Arman Financial Services Limited?
The registered address of Arman Financial Services Limited is 502-503 Sakar-iiiopp High Court Off Ashram Road, Ahmedabad, Gujarat, India, 380014.
What is the Corporate Identification Number of Arman Financial Services Limited?
The Corporate Identification Number of Arman Financial Services Limited is L55910GJ1992PLC018623.