Company Information
Arohan Financial Services Limited Unlisted Shares
Board of Directors
Chairman |
: Dinesh Kumar Mittal |
Managing Director |
: Manoj Kumar Nambiar |
Promoter Director |
: Vineet Chandra Rai |
Chief Risk Officer |
: Ranjan Das |
Background
Arohan Financial Services Limited
is a NBFC- Micro Finance Institution (NBFC-MFI) based in Kolkata. It was incorporated
on September 27, 1991. The Company is primarily engaged in providing the
livelihood promotion services such as micro-credit to socio-economically
disadvantaged customers un-reached by the formal banking systems. In addition
to the core business of providing micro-credit, the company uses its
distribution channel to provide certain other financial products and services.
Company Highlights
1) The company is the largest NBFC-MFI in Eastern India and the fifth largest in India based on Gross Loan Portfolio (GLP).
2) In the microfinance space, the company has a track record of more than 13 years. As of June 30, 2020, it had an Asset under Management (AUM) of Rs. 4,862 Crore and a presence in 229 districts across 14 states through a network of 711 branches, serving more than 22 lakh borrowers.
3) With a strong mix of private banks, public
sector banks, FIs, and NBFCs, the company's funding base is well diversified.
Arohan had funding relationships with 44 lenders as of March 31, 2020.
4) Their promoters are part of the Aavishkaar Group, which has over 18 years of experience in advising and nurturing socially conscious businesses in India and abroad.
5) In FY2020, the company reported a net profit of
Rs. 126.80 Crore, translating to a 15.28 percent return on average net worth.
Registered Office
PTI Building, 4th
Floor, DP-9, Sector-5, Salt Lake, Kolkata-700091
Ph. no- 03340156000
INCORPORATION YEAR |
: 1991 |
WEBSITE |
: www.arohan.in |
|
|
: compliance@arohan.in |
CIN NO |
: U74140WB1991PLC053189 |
ISIN NO. |
: INE808K01017 |
SECTOR |
: NBFC-MFI |
FACE VALUE |
: 10 |
PROMOTER HOLDING |
: 36.51% |
Financial Information for Last 3 Years (Rupees In Crore)
Particulars |
2020 |
2019 |
2018 |
Equity Capital |
110.32 |
102.67 |
88.22 |
Reserve & Surplus |
852.31 |
594.48 |
291.62 |
Net worth |
962.63 |
697.16 |
379.85 |
Book Value Per share Rs. |
87.27 |
68.15 |
43.06 |
Total Income |
938.37 |
655.24 |
327.02 |
Profit |
126.80 |
127.64 |
29.67 |
EPS Rs. |
11.50 |
12.42 |
3.36 |
