Document Overview

This document is an investor presentation filed pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, covering the standalone and consolidated financial results for the quarter ended June 30, 2026 (Q1FY27).

Financial Performance Highlights

Consolidated Results (INR Crore)

| Particulars | Q1FY27 | Q1FY26 | YoY % | Q4FY26 | QoQ % | FY26 |

| Gross Total Income | 201.8 | 151.0 | 34% | 176.0 | 15% | 645.9 |

| Finance Costs | 64.3 | 52.2 | 23% | 52.8 | 22% | 205.4 |

| Net Total Income | 137.5 | 98.8 | 39% | 122.8 | 12% | 440.4 |

| Pre-Provision Operating Profit | 76.7 | 55.4 | 39% | 59.3 | 29% | 225.6 |

| Total Provisions & Write-offs | 19.5 | 66.5 | -71% | 17.2 | 13% | 148.3 |

| Profit Before Tax | 57.2 | -11.2 | - | 42.1 | 36% | 77.4 |

| Profit After Tax | 45.2 | -14.6 | - | 41.0 | 10% | 56.6 |

Standalone Results (2W, MSME & LAP) (INR Crore)

| Particulars | Q1FY27 | Q1FY26 | YoY % | Q4FY26 | QoQ % | FY26 |

| Gross Total Income | 66.0 | 51.0 | 30% | 60.4 | 9% | 217.2 |

| Profit After Tax | 14.6 | 12.4 | 17% | 9.8 | 48% | 40.6 |

Namra Finance (Microfinance) Results (INR Crore)

| Particulars | Q1FY27 | Q1FY26 | YoY % | Q4FY26 | QoQ % | FY26 |

| Gross Total Income | 137.8 | 101.8 | 35% | 117.1 | 18% | 432.9 |

| Profit After Tax | 29.6 | -27.7 | - | 28.9 | -3% | 12.9 |

Business and Operational Metrics

Assets Under Management (AUM)

  • Total Consolidated AUM: ₹2,925 crore in Q1FY27
  • Breakdown by Product:
  • Microfinance JLG: ₹1,203 crore (41.1%)
  • Microfinance Individual Loans: ₹964 crore (32.9%)
  • MSME Loans: ₹573 crore (19.6%)
  • 2-Wheeler Loans: ₹93 crore (3.2%)
  • Loan Against Property: ₹90 crore (3.1%)
  • Solar Loans: ₹2 crore (0.1%)

Disbursements

  • Microfinance & MSME: Disbursement increased from ₹270 crore in Q1FY26 to ₹530 crore in Q1FY27
  • 2-Wheeler Loans: Disbursement increased from ₹10 crore in Q1FY26 to ₹13 crore in Q1FY27

Asset Quality

  • Consolidated GNPA: 2.59%
  • Consolidated NNPA: 0.89%
  • Microfinance GNPA: 2.59%
  • Microfinance NNPA: 0.89%
  • MSME GNPA: 1.52%
  • MSME NNPA: 0.68%
  • 2-Wheeler GNPA: 25.06%
  • 2-Wheeler NNPA: 0.68%

Collection Efficiency

  • Overall Collection Efficiency: 96.8% in June 2026
  • Microfinance Collections: ~96.9% in June 2026
  • MSME Collections: ~96.4% in June 2026
  • 2-Wheeler Collections: ~97.7% in June 2026

Monthly Collection Details (INR Crore)

| Month | Microfinance Due | Microfinance Collected | MSME Due | MSME Collected | 2W Due | 2W Collected | Total Due | Total Collected |

| Apr-26 | 153.5 | 148.4 | 48.1 | 46.4 | 5.3 | 5.1 | 207.0 | 199.8 |

| May-26 | 156.6 | 151.3 | 50.1 | 48.3 | 5.3 | 5.1 | 212.1 | 204.6 |

| Jun-26 | 159.7 | 154.7 | 53.0 | 51.1 | 5.5 | 5.4 | 218.2 | 211.2 |

Provisions

  • Cumulative Provisions: ₹72.4 crore as of June 30, 2026 (covering 2.5% of consolidated AUM, 2.9% on book)
  • Namra Finance Provisions: ₹43.0 crore (covering 2.0% of consolidated AUM, 2.4% on book)
  • Standalone Provisions: ₹29.0 crore (covering 4.0% of consolidated AUM, 4.0% on book)

Capital Structure and Liquidity

Balance Sheet Position (Consolidated, INR Crore)

| Particulars | Jun-26 | Mar-26 |

| Total Assets | 3,036.3 | 2,797.8 |

| Shareholders' Funds | 978.9 | 933.3 |

| Debt Securities | 856.2 | 844.3 |

| Borrowings | 1,098.1 | 921.5 |

| Net Worth | 979 | 933 |

Capital Adequacy

  • Debt-to-Equity Ratio: 1.8x as of June 30, 2026
  • Liquidity Position: ₹286 crore in cash/bank balance, liquid investments, and undrawn CC limits
  • Undrawn Sanctions: ₹335 crore from existing lenders

Credit Ratings

  • ACUITE Rating: A- (Stable Outlook) for long-term bank facilities and non-convertible debentures
  • CARE Ratings: A- (Negative Outlook) for Arman and Namra
  • Namra Finance: MFI-1 (MFI One) grading by CARE Advisory Research & Training Limited

Business Operations Update

Branch Network

| Product | Q1FY27 Branches | Q1FY26 Branches |

| Microfinance | 424 | 391 |

| MSME | 128 | 97 |

| 2W & Rural 2W | 4 | 4 |

| Total | 556 | 492 |

Geographical Presence

  • Operations in: 11 states, 188 districts
  • Live Customers: 556,000+
  • Loan Officers: 3,900+

Product Details

  • Microfinance: Average ticket size ₹76,000; Yield 24.26%
  • MSME Loans: Average ticket size ₹567,000; Yield 25.06%
  • 2-Wheeler Loans: Average ticket size ₹470,000; Operating in Gujarat only
  • LAP Loans: Average ticket size ₹5.1 lakh; Maximum LTV 65%; Operating in Gujarat, Telangana, and Madhya Pradesh

Digital Transformation

  • Instant verification through LOS & LMS system with KYC validation, mobile verification, and bank account verification
  • 4D customer verification including geotagging, house pictures, and auto address capture
  • Paperless disbursement through eSign
  • ~40% collections coming digitally with UPI/ E-NACH mandates

Historical Performance

  • FY16-26 CAGR: AUM ~32%, Net Interest Income ~33%, Profit After Tax ~25%
  • Company has never reported an annual loss

#Tags: #ArmanFinancial #Q1FY27Results #NBFC #Microfinance #SEBIDisclosure #FinancialUpdate #Positive