Arman Financial Services (NSE:ARMANFIN) Scaled Net Operating Assets: N/A (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ARMANFIN Arman Financial Services Ltd NSE:ARMANFIN
84 GF Score
Price ₹1,958.20
GF Value ₹1,686.85
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Arman Financial Services Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Arman Financial Services's operating assets for the quarter that ended in Mar. 2026 was ₹23,065 Mil. Arman Financial Services's operating liabilities for the quarter that ended in Mar. 2026 was ₹888 Mil. Arman Financial Services's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, Arman Financial Services's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.

Arman Financial Services Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Arman Financial Services's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Arman Financial Services Scaled Net Operating Assets Chart

Arman Financial Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.22 0.98 0.63 1.00

Arman Financial Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NSE:ARMANFIN vs V, MA, AXP: Scaled Net Operating Assets Comparison

For the Credit Services subindustry, Arman Financial Services's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Arman Financial Services Scaled Net Operating Assets vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Arman Financial Services's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Arman Financial Services's Scaled Net Operating Assets falls into.


NSE:ARMANFIN
84GF Score
Arman Financial Services Ltd NSE:ARMANFIN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arman Financial Services Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Arman Financial Services's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(23064.734-887.555)/22273.165
=1.00

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=27978.102 - 4913.368
=23064.734

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18644.78 - 17757.225 - 0
=887.555

Arman Financial Services's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(23064.734-887.555)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=27978.102 - 4913.368
=23064.734

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18644.78 - 17757.225 - 0
=887.555

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Arman Financial Services (NSE:ARMANFIN) Overvalued in 2026?

Based on GuruFocus' analysis, Arman Financial Services stock appears to be overvalued. The current stock price of ₹1,958.20 is trading 16.1% above its estimated GF Value™ of ₹1,686.85. GuruFocus considers Arman Financial Services to be Modestly Overvalued.

Key valuation signals for NSE:ARMANFIN:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹1,686.85 vs. price of ₹1,958.20 (16.1% above fair value)
  • GF Score™: 84/100 with 7 warning signs

No single metric tells the full story. See the NSE:ARMANFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Arman Financial Services Business Description

Other Exchanges 531179:India
Address Off Ashram Road, 502-503, Sakar III, Opposite Old High Court, Ahmedabad, GJ, IND, 380014
Arman Financial Services Ltd is a Non-Banking Financial Company (NBFC-AFC) registered with the RBI. It specialises in financing two-wheeler purchases to MSMEs and extends microfinance services through its subsidiary focusing on women entrepreneurs. The Company has a presence in several Indian states, strategically focusing on rural and semi-urban areas. It serves the underserved informal sector with small-scale retail loans. The company generates the majority of its revenue from Interest Income. All the operations of the company are in India.
84GF Score

Get the complete analysis for NSE:ARMANFIN

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,958.20
Price
₹1,686.85
GF Value