DSIJ Mindshare

According to the financials, the company has a market cap of Rs 2,060.46 crore. The company reported excellent results in its both quarterly and annual consolidated financial statements. The net profit skyrocketed 71.43 per cent in Q4FY23 compared to Q4FY22. The net sales skyrocketed 116.70 per cent and the net profit skyrocketed 511.10 per cent in FY23 compared to FY22.

The company has great ROCE of 30.9 per cent and a ROE of 23.1 per cent with a healthy dividend payout ratio of 29.6 per cent.  

According to the financials, the company has a market cap of over Rs 2,700 crore with a 3-year CAGR of 100 per cent. The net sales increased by 20.94 per cent, operating profit increased by 122.39 per cent and the net profit skyrocketed by 176.56 per cent in Q4FY23 over Q4FY22. The net sales increased by 8.81 per cent in FY23 compared to FY22.

The NBFC sector in India is witnessing a growing trend towards retail lending, particularly in the areas of microfinance consumer finance and housing finance, enunciates Aalok Patil, Joint MD of Arman Financial Services

The company has a market cap of Rs 481.87 crore, according to the financials. The maximum stake of the company is owned by the promoters (74.63 per cent) and the rest is owned by the general public (25.37 per cent) as of March 2023. The company recently released its quarterly and annual results for the year ended March 31, 2023, where it reported positive numbers.