Arman Financial Services Releases Q3 FY26 Earnings Call Transcript
Arman Financial Services released its Q3 FY26 earnings call transcript. Key leadership changes include Aalok Patel becoming Vice Chairman & MD and Vivek Modi as Executive Director. Consolidated AUM reached ₹2,274 Cr, with disbursements up 30% sequentially to ₹612 Cr. Q3 PAT was ₹22 Cr. Namra Finance returned to profitability with ₹13 Cr PAT.
The announcement details financial performance and leadership changes, which are material to investors. The return to profitability and growth in key segments indicate a positive trajectory for the company.
The company reported sequential growth in AUM and disbursements, a significant increase in profit after tax, and a return to profitability for its subsidiary. Leadership transitions were also announced positively.
Arman Financial Services Limited has submitted the transcript of its conference call held on February 16, 2026, concerning the financial results for the quarter and nine months ended December 31, 2025. The call featured insights from Managing Director Aalok Patel and Executive Director and Group CFO Vivek Modi.
Aalok Patel announced significant leadership transitions: Founder Jayendra Patel has moved to Whole-Time Director, while Aalok Patel steps into the role of Vice Chairman and Managing Director, pending shareholder approval. Vivek Modi has been appointed as Executive Director and will continue as Group CFO.
The company reported a consolidated Assets Under Management (AUM) of ₹2,274 crore, a sequential growth of 7%. Consolidated disbursements for the quarter reached ₹612 crore, a 30% sequential increase. Gross total income for Q3 FY26 was ₹160 crore, and profit after tax stood at ₹22 crore, a 177% sequential increase. Gross Non-Performing Asset (GNPA) improved to 3.4% and Net NPA (NNPA) to 0.77% as of December 2025.
Namra Finance, the subsidiary, saw its MFI portfolio grow to ₹1,618 crore with disbursements of ₹455 crore. Notably, Namra Finance returned to profitability with a profit after tax of ₹13 crore in Q3 FY26 after four consecutive quarters of losses. Net interest margins improved to 14.77%.
The standalone Arman business piloted a new solar loan product in November, disbursing approximately ₹56 lakh by December 2025. The non-MFI portfolio AUM stood at ₹657 crore, with a 28% year-on-year growth. Profit after tax for the standalone business in Q3 FY26 was ₹9.4 crore.
Regarding capital, the board approved raising up to ₹500 crore through NCDs on a private placement basis. The company maintains strong capitalization with a CAR of 38.3% for the standalone entity and 52.3% for Namra Finance.
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Arman Financial Services Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Arman Financial Services Limited. Read the original for the full detail.