Arman Financial Services Ltd — earnings calls

Arman Financial Services reported record consolidated AUM of Rs 2,728 crores in FY26, up 22% year-on-year, with highest-ever quarterly disbursements of Rs 951 crores. Consolidated profit after tax for Q4 stood at Rs 41 crores, up 85% sequentially and 220% year-on-year, while full-year PAT was Rs 57 crores, up 9% year-on-year. Management attributed the improvement to separation of credit and recovery functions from branch operations and a shift toward individual-level credit evaluation, while noting elevated operating costs from the new underwriting model.