Arohan Financial Services Limited (Arohan Financial ) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Arohan Financial Services Limited

Arohan Financial Services Limited Standalone Balance Sheet (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Financial Assets
Cash and cash equivalents	43,647.55	93,896.05
Bank balance other than cash and cash equivalents	23,693.24	32,865.07
Trade receivables	837.89	1,452.38
Loans	5,70,510.84	6,61,573.79
Investments	36,334.60	9,016.08
Other Financial Assets	1,555.73	3,389.88
Non-Financial Assets
Current Tax assets	1,030.72	1,198.48
Deferred Tax assets	8,013.85	5,589.42
Property, Plant and equipment	891.70	752.48
Intangible assets under development	29.50	55.13
Other Intangible assets	389.40	414.31
Right of use assets	600.66	736.64
Other non-financial assets	1,043.16	604.35
Total Assets	6,88,578.84	8,11,544.06
Financial Liabilities
Trade Payables:
Total outstanding dues of creditors other than micro & small enterprises	2,751.52	2,809.81
Debt Securities	21,303.69	40,903.81
Borrowings	4,09,070.54	5,20,796.16
Subordinated liabilities	39,966.14	39,884.29
Other financial liabilities	7,338.14	11,241.43
Non-Financial Liabilities
Provisions	3,896.65	2,687.60
Other Non Financial liabilities	1,739.33	1,745.27
Equity
Equity Share Capital	15,891.23	15,741.23
Other Equity	1,86,621.60	1,75,734.46
Total Liabilities and Equity	6,88,578.84	8,11,544.06

Arohan Financial Services Limited Standalone Profit & Loss Statement (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Revenue from Operations
Interest Income	1,58,117.79	41,768.58
Dividend Income	12.50	-
Fees and Commission Income	9,653.75	16,885.92
Net gain on derecognition of financial instruments under amortised cost category	1,167.91	4,132.58
Other Operating Income	222.75	82.16
Other Income	351.37	594.09
Total Revenue	1,69,526.07	63,463.33
Expenses
Finance Costs	63,195.84	59,223.26
Impairment on financial instruments	39,751.41	17,875.97
Employee benefits expenses	38,920.00	32,471.95
Depreciation & Amortization	685.39	568.34
Other expenses	13,164.93	12,080.50
Total Expenses	1,55,717.57	1,22,220.02
Profit/(Loss) before Tax	13,808.50	41,243.30
Current Tax for current year	5,223.42	3,412.65
Current Tax for earlier years	-191.70	66.50
Deferred tax expenses	-2,191.80	6,381.98
Net Profit/(Loss) after tax	10,968.58	31,382.17
Other Comprehensive Income
Re-measurement of post employement benefit obligations	-924.32	-494.64
Income tax relating to items that will not be reclassified to profit & loss	232.63	124.49
Other Comprehensive Income	-691.69	-370.15
Total Comprehensive Income for the period	10,276.89	31,012.02
Earnings per Equity Share
Basic	7.20	26.62
Diluted	7.18	26.57

Arohan Financial Services Limited Standalone Cash Flow Statement (Rs in Lakhs)

Particulars	31-03-2025	31-03-2024
Cash Flow from Operating Activities
Profit before tax	13,808.50	41,243.30
Adjustment for:
Depreciation and Amortization	476.72	364.27
Depreciation On Right to Use Assets	208.67	204.07
Interest on lease liability (net)	77.39	68.90
Impairment loss allowance on loans	37,402.41	13,905.31
Impairment loss allowance on security receipts	2,344.00	4,118.10
Impairment loss allowance on trade receivables	-	-147.44
Net gain on derecognition of financial instruments	-1,167.91	-4,132.58
Share based payments to employees	760.25	515.76
Interest income	-1,41,863.81	-1,29,088.05
Finance Cost	59,557.69	49,737.11
Unwinding impact on security deposit	0.28	0.21
Operating Loss before Working Capital Changes	-28,395.81	-23,211.04
Movements in Working Capital:
Decrease/ (increase) in loans	52,711.41	-1,96,114.70
Decrease in trade receivables	614.49	319.74
Decrease in other financial assets	3,007.03	3,418.59
(Increase) in other non-financial assets	-444.07	-39.04
(Decrease)/increase in trade payables	-58.29	23.76
(Decrease)/ increase in other financial liabilities	-3,775.30	2,641.98
(Decrease)/ increase in provisions	284.73	-275.33
(Decrease)/ increase in other non-financial liabilities	-5.94	675.64
Cash generated from/(used in) operating activities	23,938.25	-2,12,560.40
Interest income received	1,42,812.94	1,27,945.60
Interest expense paid	-60,581.81	-49,897.06
Income taxes paid (net of refunds)	-4,863.96	-408.89
Net cash generated from/ (used in) operating activities	1,01,305.42	-1,34,920.75
Cash Flow from Investing Activities
Purchase of property, plant and equipment	-480.78	-479.02
Proceeds from sale of property, plant and equipment	1.04	2.25
Proceeds from fixed deposits	14,076.29	18,713.49
Investment in fixed deposits	-4,904.46	-13,778.47
Proceeds from sale of investments	19,130.71	5,176.80
Purchase of investments	-48,805.73	-10,433.98
Proceeds from dividend from investments	12.50	-
Purchase of intangible assets	-14.20	-286.23
Purchase of intangible assets under development	-71.46	-33.27
Net Cash Used in Investing Activities	-21,056.09	-1,118.43
Cash Flow from Financing Activities
Proceeds from issue of equity shares	-	9.81
Proceeds from issue of compulsorily convertible preference shares	-	26,621.19
Share issue expenses	-	-485.61
Proceeds from debt securities	-	20,497.20
Repayment of debt securities	-19,002.83	-9,870.00
Proceeds from borrowings	10,64,150.41	9,26,322.35
Repayment of borrowings	-11,75,446.33	-7,86,139.12
Proceeds from subordinated liabilities	78.97	-
Proceeds of subordinated liabilities	-	-2,415.17
Payment of interest on lease liabilities	-66.70	-70.60
Payment of principal on lease liabilities	-211.35	-190.88
Net Cash Used in Financing Activities	-1,30,497.83	1,74,279.17
Net (Decrease)/Increase in cash & Cash Equivalents	-50,248.50	38,239.99
Cash & Cash equivalents at the beginning of the Year	93,896.05	55,656.06
Cash & Cash equivalents at the end of the Period	43,647.55	93,896.05
Components of cash and cash equivalents:
Cash on hand	11.25	24.84
Balances and deposits with banks	43,636.30	93,871.21
Cash & Cash equivalents	43,647.55	93,896.05

Here is a summary of the Cash Flow Statement for the years 2025 and 2024:

Cash Flow from Operating Activities:

For the year ending 31st March 2025, the company began with a Profit Before Tax of ₹13,808.50 lakhs, which was adjusted for various non-cash items and other operational income/expenses. Significant adjustments include:

Impairment loss allowance on loans amounting to ₹37,402.41 lakhs, a steep increase from ₹13,905.31 lakhs in 2024, suggesting a deteriorating loan book.

Finance cost increased to ₹59,557.69 lakhs, indicating possibly higher borrowings or costlier debt.

Interest income, a major outflow in operating activities, rose to ₹1,41,863.81 lakhs (from ₹1,29,088.05 lakhs in 2024), reflecting significant investments generating returns.

After considering all adjustments, the Operating Loss before working capital changes stood at ₹-28,395.81 lakhs (vs. ₹-23,211.04 lakhs in 2024).

Working capital changes showed improvement, especially a ₹52,711.41 lakhs decrease in loans, a reversal from the previous year’s ₹-1,96,114.70 lakhs (increase), significantly enhancing operational liquidity. After incorporating interest income received, interest paid, and taxes, the Net Cash from Operating Activities turned positive to ₹1,01,305.42 lakhs, a remarkable recovery from the negative ₹1,34,920.75 lakhs in 2024.

Cash Flow from Investing Activities:

Investing activities in 2025 reflect the company’s continued focus on reallocating investments. Key highlights include:

Proceeds from fixed deposits of ₹14,076.29 lakhs and investments sold worth ₹19,130.71 lakhs show a liquidation trend.

Conversely, purchase of investments increased sharply to ₹48,805.73 lakhs from ₹10,433.98 lakhs in 2024, possibly indicating reinvestment of funds.

Capital expenditure remained relatively stable (₹480.78 lakhs spent on property, plant, and equipment).

Overall, Net Cash Used in Investing Activities widened to ₹-21,056.09 lakhs in 2025 from ₹-1,118.43 lakhs in 2024, largely due to higher investment outflows.

Cash Flow from Financing Activities:

Financing activities reflected a significant shift:

The company raised substantial borrowings worth ₹10,64,150.41 lakhs, higher than ₹9,26,322.35 lakhs in 2024.

However, repayment of borrowings was even higher at ₹11,75,446.33 lakhs, up from ₹7,86,139.12 lakhs, indicating aggressive debt servicing.

No fresh equity or preference share capital was raised in 2025, unlike 2024, where the company issued both.

Payments related to lease liabilities and debt securities also contributed to outflows.

Net effect: Net Cash Used in Financing Activities was ₹-1,30,497.83 lakhs in 2025, a stark contrast to the positive ₹1,74,279.17 lakhs in 2024.

Net Change in Cash Position:

The company experienced a Net Decrease in Cash & Cash Equivalents of ₹-50,248.50 lakhs in 2025, compared to an increase of ₹38,239.99 lakhs in 2024.

Opening cash balance was ₹93,896.05 lakhs in 2025, ending at ₹43,647.55 lakhs, showing a substantial drawdown of liquidity.

Arohan Financial Annual Reports, Balance Sheet and Financials

Arohan Financial Services Limited (Arohan Financial ) Return Comparision with Primex 40 Index

Arohan Financial Services Limited Standalone Balance Sheet (Rs in Lakhs)

Arohan Financial Services Limited Standalone Profit & Loss Statement (Rs in Lakhs)

Arohan Financial Services Limited Standalone Cash Flow Statement (Rs in Lakhs)

Arohan Financial
Segment Revenue