Annual Report: 2022
The Arohan Financial Services Limited Annual Report for 2022-2023 highlights the company's journey of “Navigating to Our Next,” emphasizing growth and transformation in the microfinance sector. Arohan, a digitally advanced NBFC-MFI regulated by the Reserve Bank of India, operates in 17 states, serving underserved households with financial inclusion products.
Key Performance Indicators:
Arohan's Mission, Vision, and Values drive its operations. The mission is to empower underserved households with sustainable financial services. The vision includes impacting over 20 million lives by 2027, becoming a Top 3 MFI player, serving over 5 million households, and being a preferred employer. The core values emphasize employee engagement, transparency, honesty, integrity, innovation, customer centricity, and shareholder value focus.
The company focuses on four Engines of Growth: Organic, Inorganic, Digital Lending (ArohanPrivilege), and Alliances & Acquisitions. It offers a range of credit and non-credit products and financial inclusion services including Saral, Bazaar, Micro Enterprise Loans, Term Life Insurance, Health Insurance and Dwelling Insurance. It emphasizes sustainable impact through a technology-enabled financial inclusion entity.
Financial Performance & Position: Revenue for FY 2023 was INR 1,090.99 Cr, with profit after tax at INR 71 Cr and assets under management at INR 5,357 Cr. The company had a gross loan portfolio of INR 5,357 Cr, with a 2.8% GNPA and a 0.21% NNPA. It is rated CARE MFI 1, highest on an 8-point scale. It also carries a COCA Assessment score of C1, indicating “Excellent Performance." With a focus on expansion, Arohan is strategically deepening its footprint across India, especially targeting states demonstrating high degrees of financial exclusion.
The Annual Report details recent awards and recognitions conferred on Arohan. They include a "Microfinance Company of the Year" award, a Best Risk Management Initiatives Award, and a Technology Innovations award.
Several committees have been established. The board of directors consists of several committees that oversee and manage risks, audit functions, governance and sustainability.
Looking Ahead: Arohan plans to impact 20 million lives by 2027, leveraging technology and financial inclusion. The company aims to be among the top 3 MFI players.
Access essential information and documents to make informed investment decisions
Stay updated with upcoming events, conferences, and announcements
Access quarterly and half-yearly financial statements and reports
Download comprehensive annual reports and financial summaries
Access investor presentations, corporate briefings, and slideshows
Our blog provides insightful information about unlisted shares, offering a deeper understanding of how these assets work, their potential benefits, and the risks involved. Whether you're new to unlisted shares or looking to expand your knowledge, we cover topics such as investment strategies, valuation methods, market trends, and regulatory aspects. Stay updated with expert tips and guides to navigate the unlisted share market effectively.
Unlisted shares are stocks of companies that are not listed on any stock exchange, meaning they are not publicly traded. These shares are typically available for trade in the private market through brokers, and can offer unique investment opportunities.
You can buy unlisted shares through a broker or platform that specializes in unlisted share transactions. We provide a secure and easy way to purchase unlisted shares from top companies, ensuring a smooth transaction process.
The share prices of unlisted companies can fluctuate based on various factors like market demand, company performance, and private transactions. You can check the latest share prices for unlisted companies on our website for real-time updates.
Unlisted shares can offer higher growth potential, as they are typically not subject to the same market volatility as listed shares. However, they come with higher risk due to limited liquidity and availability of information. It's important to research thoroughly and consult experts before investing.
To sell unlisted shares, you can connect with a broker or platform that facilitates the sale of private stocks. We help investors buy and sell unlisted shares with ease, ensuring that your transaction is handled professionally and securely.
Yes, unlisted shares can eventually be listed on a stock exchange through an Initial Public Offering (IPO). This process allows the company to offer its shares publicly and be traded on major exchanges, potentially increasing liquidity and visibility.
Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.
The value of unlisted shares is typically determined by private transactions, financial reports, and market demand. We provide the latest updates on share prices of unlisted companies, giving you the most accurate valuation available.
The minimum investment for unlisted shares can vary depending on the company and broker. Generally, the minimum investment is higher than for listed stocks, but we provide detailed information to help you make the best investment decisions.
Yes, unlisted shares may pay dividends if the company has declared them. However, since these companies may be in their growth stage, dividend payments are not always guaranteed. It's important to check the company's financial health before investing.
It's important to conduct thorough research on the company's financials, management, market potential, and overall business model. You can also seek professional advice from experts to help you choose unlisted shares with strong growth prospects.
Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.
