RATING

RECOMMENDATION

Neutral

  • ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

RATING

RECOMMENDATION

Neutral

Business Type

Traditional Business

RATING

RECOMMENDATION

Neutral

Business Type

Traditional Business

  • Arohan Financial Growth

Discover and get info on Arohan Financial Services share price before buying, selling, and investing - Read our Research report on Aroha Financial Unlisted shares Information like - Management, Business Model, Financials, Growth, Valuation, Funding Rounds, and News.

Arohan Financial Revenue Growth

Growth in %

  • 815.69%

    1 Year

  • 0.14%

    3 Year

  • 28.41%

    5 Year

The total revenue of the company stood at INR 383 Cr. The growth was due to a fall in provision for loan losses as the company saw a fall in default rate and an increase in commission and fees by the company. While the interest income of the company has decreased by 9.9%. Arohan’s branch network grew from 737 in FY21 to 740 in FY22, and its employee strength grew by 6%, to 7,160 in FY2021-22, which shows an increase in business of the company.

Arohan Financial Net Profit Growth(PAT)

Growth in %

  • NA

    1 Year

  • -21.84%

    3 Year

  • 17.29%

    5 Year

The net profit of the company has seen a huge positive jump due to a fall in provisions made by the company, while salaries and other expenses of the company have increased as the company has taken proper care of employee benefits. Net profit ratio of the company i.e portion of net profit from net income is 6.62%, which is good progress by the company and shows improvement in its efficiency year on year.

Arohan Financial EPS Growth

Growth in %

  • NA

    1 Year

  • -28.81%

    3 Year

  • 3.89%

    5 Year

EPS of the company has increased and the company has turned profitable due to a reduction in company expenses but a minimal increase in its income.

  • Arohan Financial Book Value Growth

Growth in %

  • 3.17%

    1 Year

  • 22.47%

    3 Year

  • 31.64%

    5 Year

The Company’s net worth remained intact in FY2021-22. Over the last financial year, the company decided not to go ahead with the proposed IPO in view of adverse external market sentiments. But it continued the fundraising efforts and successfully onboarded Piramal Alternatives as a Tier 2 investor with an INR 200 Cr infusion in March 2022. The company will continue to drive our capital raise exercise, given the positive market sentiments today.

Arohan Financial EBITDA Growth

Growth in %

  • NA

    1 Year

  • -21.33%

    3 Year

  • 15.97%

    5 Year

Arohan Financial Operating Profit Growth

Growth in %

  • NA

    1 Year

  • -22.35%

    3 Year

  • 15.11%

    5 Year

Arohan Financial Asset Growth

Growth in %

  • -4.60%

    1 Year

  • 10.72%

    3 Year

  • 34.02%

    5 Year

Total assets of the company have decreased by 4.6% due to a decrease in loans allocated and deposits with the bank.

Arohan Financial Cash Flow from Operations

Growth in %

  • -44.27%

    1 Year

  • NA

    3 Year

  • NA

    5 Year

Cash generated from operating activities has increased by more than 100%, due to interest receivables on financial instruments.

  • Arohan Financial Sector Specific Ratios

Arohan Financial Gross NPA

In FY22, the Gross NPA of the company is 187 crore, it has seen a hike of 641% from FY20. The company faced maximum NPA from the service sector and unsecured loans.

Arohan Financial Net Interest Margin

Net Interest Margin of the company has seen a downturn due to fall in interest income of the company, which led to reduction in interest income margin, while loan portfolio of the company has also reduced.

Arohan Financial RORWA

Growth in %

  • -24.3 %

    1 Year

  • 28.82 %

    2 Year

Arohan Financial Capital Adequacy Ratio(CAR)

Growth in %

  • 42.48 %

    1 Year

  • 13.58 %

    3 Year

  • -2.55 %

    5 Year

With Tier-I and Tier-II Capital raised over FY2020-21, the CRAR has increased to 34.58%, which is well above the regulatory requirement of 15%. Sub Debt infusion of INR 225 Cr by new investors was significant with increased Tier II Capital base and accordingly improved CRAR at 34.58%

Arohan Financial Net NPA

The majority part of the company's NPA consists of Unsecured Loans, which led to a Net NPA of the company of 1.37%.

  • Arohan Financial Solvency Ratios

Arohan Financial D/E Ratio

Arohan’s cost of borrowings for FY 2021-22 was at 10.14% as compared to 10.53% in FY 2020-21, in line with earlier trends of reducing the cost of funds. The Company concluded the year by participating in a pool bond issuance, where five other renowned MFIs also participated in the issuance of unlisted NCDs, which was subscribed by the CDC Group, a UK-based development finance institution, and partially guaranteed by Northern Arc.

Arohan Financial Current Ratio

As of March 31, 2022, the total borrowing outstanding for Arohan was close to INR 4,131 Cr. The Company held surplus liquidity of INR 954 Cr to help mitigate any liquidity-related risks during and post the pandemic. Arohan’s Liquidity Coverage Ratio (LCR) was 353%.

Arohan Financial Quick Ratio

Arohan Financial Interest Coverage Ratio

  • Arohan Financial Operating Efficiency

The operating expenditure ratio has increased to 5.46%, primarily due to muted business growth in a challenging external environment, while the Pre-Provision Operating PBT Margin of the company was 28.22%. The overall operating efficiency of the company has deteriorated.

Arohan Financial Operating Profit EBIT Margin(OPM)

Arohan Financial Profit Before Tax Margin (PBT Margin)

Arohan Financial Profit After Tax Margin (PAT Margin)

  • Arohan Financial Profitablity Ratio

The company has seen growth in ROE and ROA as the company has improved its profit due to improvements in provision for loan losses. This shows the company has provided better returns to its investors in comparison to previous year.

Arohan Financial Return on Equity(RoE)

Arohan Financial Return to Assets (RoA)

  • Arohan Financial Valuation Ratios

Arohan Financial Earning Yield

  • Arohan Financial NBFC's Ratios

Arohan Financial Tier 1 Capital Ratio

Arohan Financial Tier 2 Capital Ratio

The company raised funds and successfully onboarded Piramal Alternatives as a Tier 2 investor with an INR 200 Cr infusion in March 2022. As per company it will continue to drive capital raise exercise, given the positive market sentiments.

Arohan Financial Tangibe Book Value

Arohan Financial AUM

In FY22, the Company had an 11% de-growth in Gross Loan Portfolio. from INR 4648 Cr to INR 4122 Cr. The major focus during the year was on collection and recovery. The Portfolio at risk (PAR) 30 has improved in comparison with the previous year. During the year the company ensured a 

comfortable fund position to support its business. As of March 2022, the borrowing outstanding was close to INR 4,120 Cr.

Arohan Financial AUM Growth