Arohan Financial Services Unlisted Share Price Today
ISIN INE808K01017.
Arohan Financial Services is a leading NBFC-Microfinance Institution (NBFC-MFI) in India, promoted by the Aavishkaar Group, focused on providing financial services to low-income and underserved households across financially underpenetrated regions. The company primarily offers income-generating micro-loans, small business financing, and household credit products, along with insurance solutions, catering largely to women borrowers and micro-entrepreneurs. Arohan operates on a high-touch, branc…
Arohan Financial Services
Arohan Financial Services Unlisted Share Price Today
Arohan Financial Services is a leading NBFC-Microfinance Institution (NBFC-MFI) in India, promoted by the Aavishkaar Group, focused on providing financial services to low-income and underserved households across financially underpenetrated regions. The company primarily offers income-generating micro-loans, small business financing, and household credit products, along with insurance solutions, catering largely to women borrowers and micro-entrepreneurs.
Arohan operates on a high-touch, branch-led microfinance model, primarily using the Joint Liability Group (JLG) lending framework, which enables access to unsecured credit for customers lacking formal financial access. The business is characterized by high-yield lending, granular loan portfolios, and strong field operations, with performance closely linked to credit costs, collection efficiency, and rural economic conditions.
Headquartered in Kolkata, Arohan has a wide geographic presence across multiple states in India, serving over 2 million borrowers through an extensive branch network, with a strong focus on eastern, northern, and semi-urban markets.
Revenue declined by ~8–9% in FY26 after strong growth in FY24–FY25, indicating slowdown in business momentum.
EBITDA margin improved significantly from 26% (FY21) to ~45% (FY26), reflecting better operating efficiency.
PAT moved from a ₹160 Cr loss in FY21 to ₹122 Cr profit in FY26, showing a strong earnings recovery.
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Financial Ratio Comparison (FY26)
Key Managerial Personnel
As of FY26Manoj Kumar Nambiar is the Managing Director of Arohan Financial Services, with over 30 years of experience in banking and microfinance. He has led Arohan since 2012 and brings strong expertise in financial inclusion, strategy, and scaling lending businesses.
Milind Nare is the CFO of Arohan Financial Services, with over 30 years of experience in finance and NBFCs. He has been with Arohan since 2016 and leads finance, treasury, and strategic operations, playing a key role in scaling the company’s financial performance.
