Arman Holdings (BSE: ARMAN) had a P/E of 33.3× on 6 Nov 2026, above the industry P/E of 18.8×. Sales fell 5.0% a year over 3 years, with ROCE of 17% and ROE of 35%. It is a small-cap company with a market cap of ₹73 Cr, ranked 2nd of 4 Other Precious Metals & Mining companies by market cap; the shares rose 53% over the past year.
- ₹145.00
- ₹145.00
- ₹138.00
- ₹136.80
- 715
Health check
- ReturnsStrong
+52.8% over the past year.
- Price tagPricier
P/E 33.3 vs industry 18.8.
- GrowthStrong
Sales −5.0%, profit +256.8% a year over 3 years.
- ProfitabilityAverage
ROCE 17.2%.
- Balance sheetFair
Piotroski 6 of 9.
- Red flags1 to check
P/E of 33.3 against an industry P/E of 18.8.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹73 Cr
- Small cap
- P/E
- 33.3
- Industry 18.8
- Price to book
- 6.08
- Book value ₹23.20
- Dividend yield
- 0.00%
- ROE
- 34.6%
- Peers 34.6%
- ROCE
- 17.2%
- Peers 38.4%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹4.24
- OPM (TTM)
- 12.6%
- Net margin 7.7%
- Sales growth
- +4264.8%
- Latest quarter vs a year ago
- Profit growth
- +25500.0%
- Latest quarter vs a year ago
- Price to sales
- 2.13
- EV/EBITDA 15.4
Strengths and risks
Strengths
- Return on equity of 34.6%.
- Quarterly profit up 25500.0% on a year ago.
- Quarterly sales up 4264.8% on a year ago.
Risks to check
- P/E of 33.3 against an industry P/E of 18.8.
About Arman Holdings
Arman Holdings Limited engages in the trading of textiles, precious metals, and stones in India. It operates through three segments: Textile Products, Precious Metal & Stones, and Plastic Products. The company engages in the trading, exporting, importing, wholesaling, exhibiting, buying, and selling of precious stones, chemicals, textiles, paper, oil, cement, plastic, automobile, jute, tea, sugar, gold, diamonds, ferrous and nonferrous metals, electronic…
- Headquarters
- Surat
- Employees
- 5
- Sector
- Basic Materials
- ISIN
- INE510P01018
- Website
- armanholdings.in
Price range
- Avg volume (3M)
- 14.1K
- 1-year return
- plus 52.8%
- From 52-week high
- minus 2.8%
Peers · Other Precious Metals & Mining
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGILInternational Gemological Institute | 407.40 | plus 0.11% | 17,606 | 27.4 | 10.06 | 38.4% | 34.6% | 58.8% | 29.6% | 20.9% | 1.25% | plus 21.4% |
| ARMANArman Holdings | 141.00 | plus 3.07% | 73 | 33.3 | 6.08 | 17.2% | 34.6% | 12.6% | −5.0% | 256.8% | 0.00% | plus 52.8% |
| SPARKLEGRSparkle Gold Rock | 68.00 | plus 2.26% | 30 | 7.1 | 5.48 | 99.4% | 128.4% | 4.8% | – | – | 0.00% | minus 32.4% |
| DELTADelta Industrial Resources | 10.00 | 0.00% | 5 | – | – | −0.4% | −0.8% | 0.0% | – | – | 0.00% | minus 36.7% |
| Median of 3 peers | – | 0.11% | 30 | 17.2 | 7.77 | 38.4% | 34.6% | 4.8% | 29.6% | 20.9% | 0.00% | −32.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.3 | 0.4 | 1.1 | 1.8 | 14.2 | |
| 0.3 | 0.3 | 0.7 | 0.9 | 13.3 | |
| −0 | 0 | 0.4 | 0.8 | 0.9 | |
| −2.3% | 1.6% | 38.5% | 47.1% | 6.6% | |
| 0 | 0 | 0 | 0 | 0 | |
| – | 0 | – | – | – | |
| −0 | 0 | 0.4 | 0.8 | 0.9 | |
| – | 3.7% | 24.6% | 24.7% | 25.2% | |
| −0 | 0 | 0.3 | 0.6 | 0.7 | |
| -0.01 | 0.01 | 0.81 | 1.62 | 1.80 |
Profit & loss
- Sales CAGR 3Y
- −5.0%
- Profit CAGR 3Y
- +256.8%
- EPS CAGR 3Y
- +256.9%
- ROE
- 34.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.2 | 4.4 | 3.7 | 3.6 | |
| – | +5.7% | minus 16.5% | minus 2.7% | |
| 4.1 | 4.4 | 3.7 | 2.3 | |
| 0 | 0 | −0 | 1.3 | |
| 0.9% | 0.6% | −0.4% | 35.5% | |
| 0 | −0 | 0 | 0 | |
| 0 | – | – | – | |
| 0 | 0 | 0 | 0 | |
| – | 0 | −0 | −0 | |
| 0 | 0 | −0 | 1.3 | |
| 24.8% | 25.5% | −1.3% | 24.9% | |
| 0 | 0 | −0 | 1 | |
| – | minus 13.4% | minus 184.5% | – | |
| 0.04 | 0.04 | -0.03 | 1.82 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5.2 | 5.2 | 5.2 | 5.2 | |
| 0.7 | 0.8 | 1.1 | 2.1 | |
| 0.4 | 0.8 | 0 | 0.4 | |
| 6.3 | 6.8 | 6.3 | 7.7 | |
| 0 | 0 | 0 | 0 | |
| 1.6 | 1.8 | 2.1 | 2.3 | |
| 0 | 0.1 | 0.1 | 1.2 | |
| 4.6 | 4.9 | 4.1 | 4.2 | |
| 6.3 | 6.8 | 6.3 | 7.7 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0 | 0.1 | −0 | 1.1 | |
| −0 | – | – | – | |
| −0 | 0.1 | −0 | 1.1 | |
| −0 | – | – | – | |
| −0 | 0.1 | −0 | 1.1 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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