Arman Financial Services Management Guidance Tracker
7 forward-looking guidance items tracked across 2 quarters.
Growth
Q3 FY26FY27 growth target of ~25%Tracked
Management expects consolidated AUM growth of around 25% in FY27, driven by calibrated expansion across segments.
Q3 FY26Solar loan monthly disbursement target of ₹1 crore by March 2026ActiveThe pilot solar loan product aims to reach monthly disbursements of ₹1 crore by end of Q4 FY26.
Q4 FY26Credit cost guidance of ~3% for FY27TrackedManagement expects credit costs to be around 3% in FY27, assuming no major macro disruptions.
Margins
Q3 FY26Opex ratio target of 4.5-5%Tracked
Management aims to bring consolidated opex ratio to 4.5-5% as portfolio scales, down from current elevated levels.
Q4 FY26ROA target of 3.5-4%+ for FY27TrackedManagement expects ROA to improve to 3.5-4%+ in FY27, driven by margin expansion, operating leverage, and lower credit costs.
Q4 FY26Opex cost-to-assets target of ~7% for FY27TrackedManagement aims to reduce opex from ~9% to ~7% in FY27 through AUM growth and efficiency improvements.