Arohan Financial Services
-5.45 % 1 MAbout Arohan Financial Services
A Comprehensive Overview of Price & Journey
Understanding Arohan Financial Services Inception and Growth
Overview
Arohan Financial Service Limited was established in 2006 and is a part of the Aavishkaar Group, which adopts an entrepreneurship-based approach to development. Arohan Financial Services Ltd is a Non-Banking Financial Company-Microfinance Institution (NBFC-MFI) which operates primarily in the under-penetrated, low-income states of India. Its Vision is to empower the underserved households by offering a range of financial services, in a manner sustainable for all stakeholders.
Services
The company provides the following services
Income-Generating Loans: It provides microloans designed to support small-scale entrepreneurs.
Micro-Pension and Micro-Insurance Products: Its Financial products aimed at providing social security to underserved populations.
Board of Directors
Dinesh Kumar Mittal - Chairman
Manoj Kumar Nambiar - Managing Director & Board Member
Vineet Rai - Founder and Group Chairman
Anurag Agrawal - Director
IPO Details
The company has not announced anything regarding its Initial Public Offering (IPO).
Subsidiaries
Arohan Financial Services Limited does not have any subsidiary companies.
About Arohan Financial Services
IPO Details, Price movement
Performance Highlights 2023-2024
Total Revenue from Operations Increased significantly by 48.8%, from ₹1069 crore in FY2022- 23 to ₹1591 crore in FY2023- 24.
Profit Before Tax increased by 358%, from ₹90 crore in FY2022- 23 to ₹412 crore in FY2023- 24.
Net Profit (PAT) increased from ₹70.7 crore in FY2022- 23 to ₹412.4 crore in FY2023- 24.
Net Cash used in Operating Activities was INR 923 crore in FY23, whereas it became INR 1230 crore in FY24.
Net Cash used in Investing Activities was INR 107 crore in FY2,3, whereas it became INR 11 crore in FY24.
Cash flow from Financing Activities was INR 633 crore in FY23, whereas it became INR 1623 crore in FY24.
SHOW MORE...Fundamentals
Financials
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | - | 902.00 | 1069.00 | 1591.00 |
| Other Income | - | 19.00 | 22.00 | 43.00 |
| COGS | - | 11.00 | - | - |
| Gross Profit | - | 920.40 | 1091.00 | 1634.60 |
| Total Expense | - | 429.90 | 527.60 | 624.30 |
| EBIDTA | - | 490.60 | 563.40 | 1010.30 |
| D&A | - | 5.90 | 4.80 | 5.70 |
| EBIT | - | - | - | - |
| Interest Expense | - | 401.80 | 486.60 | 592.20 |
| PBT | - | 82.90 | 90.00 | 412.40 |
| TAX | - | 22.00 | 19.20 | 98.60 |
| PAT | - | 61.00 | 70.70 | 313.80 |
| Diluted EPS | - | - | - | 26.57 |
| Basic EPS | - | - | - | 26.62 |
| Total income | 0.00 | 921.00 | 1,091.00 | 1,634.00 |
ASSETS
| CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash and Cash Equivalents | - | 954.00 | 557.00 | 939.00 |
| Trade Payables | - | 2.00 | 15.00 | 2.00 |
| Inventory | - | - | - | - |
| Other Current Assets | - | 4069.00 | 5267.00 | 7080.00 |
| Total Current Assets | 0.00 | 5,025.00 | 5,839.00 | 8,021.00 |
| NON CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Plant Property and Equipment | - | 4.00 | 5.00 | 8.00 |
| Long Term Investment | - | - | - | - |
| Other Non Current Assets | - | 201.00 | 174.00 | 86.00 |
| TOTOAL NON CURRENT ASSSETS | 0.00 | 205.00 | 179.00 | 94.00 |
| Total Assets | 0.00 | 5,230.00 | 6,018.00 | 8,115.00 |
|---|
| CURRENT LIABILITES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| TRADW Payable | - | - | - | - |
| Other Current Liab | - | 4164.00 | 4632.00 | 6130.00 |
| Total Current Liab | 0.00 | 4,164.00 | 4,632.00 | 6,130.00 |
| NON CURRENTLIABILITIES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Long Term Debt | - | - | - | - |
| Deffered Tax Liab | - | - | - | - |
| Other Non Current Liab | - | 42.00 | 48.00 | 71.00 |
LIABILITIES
| EQUITY | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | - | 120.00 | 150.00 | 157.00 |
| Reserves And Surplus | - | - | - | - |
| Other Equity | - | 903.00 | 1188.00 | 1757.00 |
| Retained Earnings | - | - | - | - |
| share Equity | 0.00 | 1,023.00 | 1,338.00 | 1,914.00 |
| Total Liabilities | 0.00 | 1,065.00 | 1,386.00 | 1,985.00 |
|---|
| CASH FLOW STAT | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash Flow from operating | - | 225.00 | -923.00 | -1230.00 |
| Cash Flow from financing | - | -266.00 | 633.00 | 1623.00 |
| Cash Flow from investing | - | -163.00 | -107.00 | -11.00 |
| Net cash flow | 0.00 | -204.00 | -397.00 | 382.00 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2025
| Name | Designation | Share % |
|---|---|---|
| Aavishkaar Venture Management Service Private Limited | NA | 14.88% |
| Aavishkaar Goodwell India Microfinance Development Company II Limited | NA | 11.78% |
| Tano India Private Equity Fund II | NA | 10.60% |
| Intellectual Capital Advisory Services Private Limited | NA | 10.46% |
| Maj Invest Financial Inclusion Fund II | NA | 9.78% |
| Danish Sustainable Development Goals Investment Fund K/S (IFU) | NA | 8.56% |
| Teachers Insurance And Annuity Association Of America (TIAA) | NA | 7.48% |
| Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. | NA | 7.38% |
| TR Capital III Mauritius | NA | 6.17% |
| Others | NA | 12.91% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
- 3. The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
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