Arman Financial Services has paid an interest amount of ₹2,31,18,410 to the debenture holders of its secured non-convertible debentures. The payment was made on July 10, 2026, which was the scheduled due date. The company confirmed that there were no delays in the disbursement of these funds.

The interest payment pertains to debentures identified by the ISIN INE109C07113. The total issue size for these debentures stands at ₹42,00,00,000. The frequency of interest payments is semi-annually, and the record date for determining eligibility was June 25, 2026.

Interest Payment Details

The disclosure was submitted to BSE Limited in compliance with Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the reason for non-payment or delay is not applicable, confirming the timely completion of the obligation. The last interest payment prior to this was made on January 9, 2026.

Arman Financial Services achieved a record Assets Under Management (AUM) of INR2,728 crores in FY26, representing a year-on-year growth of 22%. The company reported its highest-ever quarterly disbursements of INR951 crores during the financial year. Consolidated Profit After Tax (PAT) for the quarter stood at INR41 crores, registering a growth of 85% sequentially and 220% year-on-year. For FY26, PAT stood at INR57 crores, reflecting a year-on-year growth of 9%.

The Microfinance business AUM stood at INR1,999 crores, registering a growth of 19% on a year-on-year basis. Disbursements for Q4 FY26 stood at INR738 crores, reflecting a growth of 88% year-on-year and 62% sequentially. Gross total income for Q4 FY26 stood at INR117 crores, while for the full year, it stood at INR433 crores. Pre-provisioning operating profit improved to INR41 crores for the quarter and INR143 crores for the full year. Profit after tax for the Microfinance business stood at INR29 crores in Q4 FY26 and INR13 crores for the full year.

Asset quality trends improved throughout FY26, with Gross Non-Performing Assets (GNPA) standing at 3.4% and Net Non-Performing Assets (NNPA) reducing to 0.95%. The company strengthened its portfolio protection framework, with approximately 90% of the Microfinance portfolio now covered under the Credit Guarantee Fund for Micro Units (CGFMU) scheme. Additionally, the company implemented a complete separation of credit and recovery functions from branch operations to enhance accountability and monitoring.

On the stand-alone front, AUM grew by 30% year-on-year to INR730 crores. The MSME segment contributed 76% of the overall portfolio, followed by Loan Against Property (LAP) and 2-wheeler businesses. Quarterly disbursements stood at INR213 crores, while full-year disbursements stood at INR636 crores. Asset quality remained stable with GNPA for the MSME segment at 3.84% and the 2-wheelers segment at 3.95%. Collection efficiency for all segments stood above 96% in Q4 FY26.

The company maintains a strong liquidity and capital position. The capital adequacy ratio stood at 27.86% for the subsidiary Namra Finance and 41% for the stand-alone business as of March 31, 2026. Available liquidity was INR229 crores, comprising cash bank balances, liquid investments, and undrawn limits. The company also holds undrawn sanctions of INR275 crores from existing lenders.

Key Financial Metrics for FY26

Management indicated that the operating environment is moving towards a stable and disciplined growth cycle following a challenging phase in the microfinance industry. The company shifted towards an individual-level credit evaluation model to strengthen underwriting, although this resulted in elevated rejection rates and increased operating costs. For FY27, the focus remains on responsible growth, maintaining collection efficiencies, and improving operating efficiencies while rationalizing cost structures.