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Trades about 18% below its sector, cheaper than its peers on earnings.
Arman Financial Services Limited, operating in India alongside its subsidiary Namra Finance Limited, functions as a non-banking financial company. The firm's core business involves offering financing solutions for individuals purchasing two- and three-wheeled vehicles. Beyond this, it extends credit facilities to micro, small, and medium-sized enterprises (MSMEs), and provides group-based microfinance services. The company, which was founded in 1992 and has its headquarters in Ahmedabad, India, maintains a substantial operational footprint through its network of 239 branches and approximately 55 dealer access points.
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