Arman Financial Services files FY26 BRSR report with exchanges
- Arman Financial Services filed its FY26 BRSR report with stock exchanges on September 5, 2026
- MSME loans dominate the business mix, contributing 80.82% of total turnover
- Two-wheeler finance and Loan Against Property account for 9.87% and 5.60% respectively
- The report was prepared on a standalone basis without external assurance

*this image is generated using AI for illustrative purposes only.
Arman Financial Services Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the Bombay Stock Exchange and National Stock Exchange on September 5, 2026. The filing, made pursuant to Regulation 34 of the SEBI Listing Regulations, forms part of the company’s Annual Report.
The Ahmedabad-based non-banking financial company reported its disclosures on a standalone basis. The report covers the financial year ending March 31, 2026. Uttam Patel, Company Secretary and Chief Compliance Officer, signed the submission.
Business Mix and Turnover
Arman Financial Services operates primarily in financial service activities, excluding insurance and pension funding. This segment accounts for 100% of the entity’s turnover. The core lending products include two-wheeler finance, MSME finance, Loan Against Property (LAP), and solar financing.
Revenue Contribution by Product
The company’s turnover is heavily concentrated in MSME lending, which contributed 80.82% of total turnover. Two-wheeler loans followed as the second-largest segment at 9.87%. Loan Against Property accounted for 5.60%, while other categories made up 3.69%. Solar financing represented a negligible 0.01% of the turnover.
| Product/Service | Turnover Contribution |
|---|---|
| MSME Loan | 80.82% |
| Two-wheeler Loan | 9.87% |
| Loan Against Property | 5.60% |
| Other | 3.69% |
| Solar | 0.01% |
Corporate Details
Incorporated in 1992, Arman Financial Services has a paid-up capital of ₹10,51,29,210. The company is listed on both BSE Limited and NSE India. The report did not include an external assurance provider or type of assurance obtained.
Historical Stock Returns for Arman Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.72% | -0.02% | +1.75% | +37.75% | +43.74% | 0.0% |
How might Arman Financial Services' heavy reliance on MSME lending (80.82%) expose it to macroeconomic risks if small business credit demand slows down?
What strategic initiatives is the company planning to diversify its revenue mix beyond MSME loans and reduce concentration risk?
Given the negligible 0.01% contribution from solar financing, does the company have a roadmap to scale its green finance portfolio in alignment with broader ESG trends?


































