Arohan Financial Services Unlisted Shares
About The Company
Strong
Market Position
Consistent
YoY Growth
Experienced
Management
Key Indicators
A snapshot of Arohan Financial Services Unlisted Shares's financial health, valuation multiples and capital efficiency at a glance.
Pricing Trends
Financial Performance
| Indicators | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,695.3 | 1,634.6 | 1,091.0 | 920.4 | 655.2 | 934.5 | 634.6 | 327.0 |
| Expense | 918.4 | 624.4 | 527.6 | 429.9 | 1,224.8 | 760.2 | 260.1 | 155.0 |
| EBITDA | 776.9 | 1,010.2 | 563.4 | 490.5 | -211.1 | 174.3 | 395.2 | 172.0 |
| Other Cost | 638.8 | 597.9 | 473.4 | 407.6 | 6.7 | 6.7 | 218.0 | 126.6 |
| PBT | 138.1 | 412.3 | 90.0 | 82.9 | -217.8 | 167.6 | 177.1 | 45.4 |
| Tax Expense | 28.4 | 98.5 | 19.3 | 22.0 | -57.8 | 40.8 | 49.5 | 15.8 |
| PAT | 109.7 | 313.8 | 70.7 | 61.0 | -159.9 | 126.8 | 127.6 | 29.7 |
| Other Inc./Exp. | -6.9 | -3.7 | -2.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income | 102.8 | 310.1 | 68.1 | 61.0 | -159.9 | 126.8 | 127.6 | 29.7 |
| Shares O/S | 15.89 | 11.70 | 11.70 | 12.00 | 11.00 | 10.50 | 9.10 | 8.90 |
| EPS (₹) | 7.20 | 26.60 | 6.10 | 5.00 | -15.00 | 12.00 | 12.00 | 3.00 |
| Rev. Growth % | 3.7% | 49.8% | 18.5% | 40.5% | -29.9% | 47.3% | 94.1% | — |
| EBITDA Mgn % | 45.8% | 61.8% | 51.6% | 53.3% | -32.2% | 18.7% | 62.3% | 52.6% |
| Net Mgn % | 6.1% | 19.0% | 6.2% | 6.6% | -24.4% | 13.6% | 20.1% | 9.1% |
| EPS Growth | -72.9% | 336.1% | 22.0% | -133.3% | -225.0% | 0.0% | 300.0% | — |
Registered Address
Management Team
Download Financial Results
In The News
From The Experts
Top Unlisted companies
Frequently Asked Questions
Still have questions?
Our expert team typically responds within 30 minutes during market hours.
About Arohan Financial Services Limited unlisted shares
Having started microfinance operations in 2006 in Kolkata, Arohan Financial Services Ltd is operational in 17 states, where 12 are low-income states. The company offers financial inclusion products to more than 2.21 million underserved clients with a loan portfolio of over Rs 48.57 billion as on 30 September 2020. The company was founded in 2006 and is the largest NBFC-MFI in Eastern India and the fifth largest NBFC-MFI in India, as of 30 September 2020, Gross Loan Portfolio. Arohan Financial Services Limited share price is currently Rs 185 per equity share.
Incorporation Details
CIN | U63090DL2009PTC189198 |
Registration Number | 189198 |
Founding Year | 2006 |
Founders | Manoj Kumar Nambiar |
Category/Sub Category Of Company | Public Limited Indian Non-Govt Company |
ISIN Number | INE808K01017 |
RoC | RoC- Kolkata |
Industry | Microfinance Institution (MFI) |
Arohan Financial Services Limited Unlisted Shares Financial Analysis
Particulars (in Rs. Crores) | FY25 | FY24 | FY23 |
Revenue | 1,695.30 | 1,634.60 | 1,091.00 |
Expense | 918.4 | 624.4 | 527.6 |
EBITDA | 776.9 | 1,010.20 | 563.4 |
Other Cost | 638.8 | 597.9 | 473.4 |
Profit Before Tax (PBT) | 138.1 | 412.3 | 90 |
Tax Expense | 28.4 | 98.5 | 19.3 |
Profit After Tax (PAT) | 109.7 | 313.8 | 70.7 |
EPS | 7.2 | 26.6 | 6.1 |
Revenue Growth (%) | 3.70% | 49.80% | 18.50% |
EBITDA Margin (%) | 45.80% | 61.80% | 51.60% |
Net Margin (%) | 6.10% | 19.00% | 6.20% |
Over the last 3 years, Arohan Financial Services Limited has shown a steady and balanced financial journey.
From FY23 to FY25, the company’s revenue grew from Rs 1,091 crore to Rs 1,695 crore, which works out to an overall revenue CAGR of about 24%. This indicates healthy growth for a mature microfinance institution operating in a regulated space.
Profitability tells a similar story. FY24 was a standout year, when profit after tax (PAT) jumped sharply to Rs 313.8 crore, helped by lower credit costs and strong operating leverage.
In FY25, profits settled at Rs 109.7 crore as expenses and provisioning normalised. While this looks like a decline, it is more a sign of earnings stabilising rather than business weakness. Importantly, the company remained profitable across all 3 years.
On the operating side, Arohan continues to generate high income from its loan book. EBITDA stood at Rs 776.9 crore in FY25, translating into a healthy EBITDA margin of 45.8%, even after cooling off from FY24’s peak levels. Earnings per share also followed this cycle, rising sharply in FY24 and moderating to Rs 7.2 in FY25 due to the high base effect.
Overall, Arohan appears to be in a steady mid-cycle phase. It is no longer a high-risk turnaround story, but also not an early-stage growth play. The company offers measured exposure to the microfinance sector, supported by a stable balance sheet, controlled risk and the potential for long-term compounding through steady growth.
Arohan Financial Services Unlisted Share Analysis
Arohan Financial Services Limited is a well-established NBFC-MFI with an authorised capital of Rs 225 crore and a paid-up capital of Rs 139.68 crore. The company has institutional backing, a wide microfinance footprint, and a long operating history, which provides comfort to long-term unlisted investors.
From a price behaviour point, Arohan’s unlisted share has gone through a complete cycle. In early 2023, the stock was trading near the Rs 180 to Rs 190 range, reflecting cautious sentiment post-sector stress.
As earnings recovered and asset quality improved, the stock re-rated sharply through 2024, moving past the Rs 300 levels. This phase was driven largely by peak profitability and improved investor confidence.
However, during 2025, the price has largely moved sideways and settled around the Rs 260 to Rs 270 range. This indicates that the market has absorbed the recovery story and is now waiting for the next leg of earnings growth.
Importantly, the stock has held above its earlier base, suggesting price stability rather than distribution or exit-driven selling.
At current levels, the stock trades at a P/E of 26 to 27, slightly higher than the industry average. This valuation suggests that the business quality and balance sheet strength are already priced in, and future returns are likely to be gradual and earnings-led, rather than driven by valuation expansion.
Overall, Arohan Financial Service unlisted share price appears to be in a steady, mid-cycle phase, not a high-risk turnaround, but also not an early-stage growth story.
Raises Rs. 730 Crore From Private Equity Firm
Arohan Financial Service Limited has raised over Rs. 730 crore in an investment round from equity firms, Dutch development bank FMO, Nuveen, and Piramal Alternatives. It will help the company accelerate its operations and further expand to other geographical locations.
Why buy Arohan Financial Services Limited unlisted shares?
Arohan Financial Services Limited is a company limited by shares having an authorised capital of Rs 225.00 crore and a paid-up capital of Rs 139.68 crore as per MCA. The share is giving 5.1% CAGR return on equity and 11.4% return on working capital. The company’s revenue has grown by almost 3 times to Rs 1695 crores in FY 2025 from Rs 655 crores in FY 21
Arohan Financial Services Limited shares price is around Rs 200 per share, and check its other key performance indicators on Stockify. Being a top NBFC-MFI in India, trading in its unlisted shares gives high scope to investors.
How to apply for Arohan Financial Services Limited unlisted shares online?
Applying for Arohan Financial Share Limited unlisted shares is effortless with Stockify. You get thorough research along with information such as Key Performance Indicators, EBITDA margin reports, revenue growth, EPS growth, etc., integral for making the trading decision. Our trading experts will guide you through the process so that the whole process becomes seamless for you.
Check Arohan Financial Services Limited unlisted share prices today at Stockify
Stockify keeps a keen eye on stock market fluctuation and regularly updates the Arohan Financial Services share price. The current Arohan Financial Services Unlisted Share Prices today is Rs 239. Check out Arohan Financial Services Limited shares price today, or subscribe to our daily newsletter for regular updates.
Check out prices of other unlisted shares on Stockify
Investing in unlisted shares is the ultimate way to diversify your investment portfolio and spread capital risks. Stockify is the leading unlisted shares brokerage platform that lets you access the unlisted shares of top profitable companies from healthcare, manufacturing, finance, technology, etc. Check out the list of other unlisted shares mentioned below, along with the Arohan Financial Services Limited shares price and start trading today.
Reliance retail, Pharmeasy, Chennai super kings, Anglo-French Drugs & Industries, PL Capital Market Unlisted Shares, Five Star Business Finance Ltd Unlisted Shares, Fincare Small Finance Bank Ltd Unlisted Shares, Arohan Financial Services Unlisted Shares, Utkarsh Coreinvest Ltd Unlisted Shares, Fino Paytech Ltd Unlisted Shares, Hero Fincorp Ltd Unlisted Shares, National Stock Exchange Ltd Nse Unlisted Shares, National Commodity Derivatives Exchange Ltd Ncdex Unlisted Shares, MetroPolitan Stock Exchange MSEI Unlisted Shares, Capital, Small Finance Bank Ltd Unlisted Shares, And Motilal Oswal Home Finance Ltd Unlisted Shares.
