Arman Financial Services Limited — Investor Meet, 20-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Arman Financial Services reported strong Q3 FY'26 results with consolidated AUM at INR 2,274 Cr (+7% QoQ) and disbursements at INR 612 Cr (+30% QoQ). PAT surged 177% QoQ to INR 22 Cr. Asset quality improved, with consolidated GNPA at 3.4% and collection efficiency at 96.3%. Subsidiary Namra Finance returned to profitability. Management cited broad-based recovery and strengthened operations. They emphasize calibrated growth, product innovation (individual MFI loans, Micro LAP, solar pilot of 0.56 Cr), and improved underwriting via BCMs. The outlook is confident on recovery, with a focus on sustainable expansion beyond traditional JLG.