
About Arman Holdings Limited
Data last updated:
Arman Holdings Limited is a public limited company based in Surat, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 25 October 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L65993GJ1982PLC082961. Its GSTIN is 24AAACA0229Q1ZS (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 538556.
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹5.21 Cr. It is led by directors including Deepak Kumar Babel (Managing Director) and Abhishek Tejawat.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Office No.106 Sanskruti Ac Market Parvat Godadara, Brts Road Parvat Patia Surat, Gujarat, India – 395010.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹3.57 Cr, a decline of 2.7% compared to the previous year. For the same year it recorded a net profit of ₹96 Lakh (net margin 26.9%) and EBITDA of ₹1.27 Cr (EBITDA margin 35.6%). The net worth stands at ₹7.34 Cr (up 16.9% YoY). Total assets are valued at ₹7.34 Cr (up 16.9% YoY).
The company is associated with 1 brand: Arman Holdings Limited. The company has 48 deals on record (48 market trades); the latest was in September 2026. Its 3 peer companies in the BFSI industry (Broking Services, Textile Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 2 smaller; the largest is Sai Simrun Designers Private Limited with revenue of ₹3.67 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website armanholdings.in.
Company details
CIN history
Arman Holdings has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65993GJ1982PLC082961, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65993GJ1982PLC082961 | Current |
| L65993DL1982PLC014583 | Previous |
| L64990GJ1982PLC082961 | Previous |
Contact details
Arman Holdings Limited's registered office is in Surat, Gujarat. Its website is armanholdings.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No.106 Sanskruti Ac Market Parvat Godadara, Brts Road Parvat Patia Surat, Gujarat, India – 395010
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Arman Holdings Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Arman Holdings operates one associated brand: Arman Holdings Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investments and textile businesses conducted in India. | armanholdings.in |
Business activity
The main business activity of Arman Holdings is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Arman Holdings Limited, buy the company report.
Financials of Arman Holdings Limited
FY 2025-26 filings availableArman Holdings Limited reported revenue of ₹3.57 Cr (down 2.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3.57 | 3.67 | 4.39 | 4.16 | 4.07 | 1.57 | 4.08 |
| Revenue growth | -2.7% | -16.4% | +5.5% | +2.2% | +159.2% | -61.5% | - |
| EBITDA | 1.27 | (0.01) | 0.02 | 0.04 | 0.04 | 0.01 | 0.03 |
| EBITDA margin | +35.6% | -0.3% | +0.5% | +1.0% | +1.0% | +0.6% | +0.7% |
| Profit before tax | 1.27 | (0.01) | 0.02 | 0.03 | 0.04 | 0.01 | 0.04 |
| Net profit | 0.96 | (0.01) | 0.01 | 0.02 | 0.03 | 0.01 | 0.03 |
| Net profit margin | +26.9% | -0.3% | +0.2% | +0.5% | +0.7% | +0.6% | +0.7% |
| EPS (₹) | 1.82 | (0.03) | 0.03 | 0.04 | 0.05 | 0.00 | 0.05 |
| Balance sheet | |||||||
| Total assets | 7.34 | 6.28 | 6.05 | 5.93 | 6.61 | 6.58 | 6.27 |
| Net worth | 7.34 | 6.28 | 6.05 | 5.93 | 6.61 | 6.58 | 6.27 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 1.20 | 0.06 | 0.08 | 0.02 | 0.03 | 0.02 | 0.02 |
| Net working capital | 4.88 | 3.94 | 3.94 | 3.92 | 3.89 | 3.87 | 3.88 |
| Cash flow | |||||||
| Cash from operations | 1.15 | (0.02) | 0.06 | (0.01) | 0.03 | 0.00 | (0.16) |
| Cash from investing | 0.00 | 0.00 | 0.00 | 0.00 | (0.02) | 0.00 | 0.01 |
| Cash from financing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.22 | 1.79 | 1.10 | 0.35 | 0.33 | 3.67 | 0.00 | 0.00 |
| Revenue growth (YoY) | +4209.1% | -51.2% | - | - | - | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 13.28 | 0.95 | 0.68 | 0.35 | 0.33 | 3.54 | 0.04 | 0.03 |
| EBITDA | 0.94 | 0.84 | 0.42 | 0.00 | 0.00 | 0.13 | (0.04) | (0.03) |
| EBITDA margin | +6.6% | +46.9% | +38.2% | 0.0% | 0.0% | +3.5% | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.94 | 0.84 | 0.42 | 0.00 | 0.00 | 0.13 | (0.04) | (0.03) |
| Tax | 0.24 | 0.21 | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.22 | 1.79 | 1.10 | 0.35 | 0.33 | 3.67 | 0.00 | 0.00 |
| Revenue growth (YoY) | +4209.1% | -51.2% | - | - | - | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 13.28 | 0.95 | 0.68 | 0.35 | 0.33 | 3.54 | 0.04 | 0.03 |
| EBITDA | 0.94 | 0.84 | 0.42 | 0.00 | 0.00 | 0.13 | (0.04) | (0.03) |
| EBITDA margin | +6.6% | +46.9% | +38.2% | 0.0% | 0.0% | +3.5% | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.94 | 0.84 | 0.42 | 0.00 | 0.00 | 0.13 | (0.04) | (0.03) |
| Tax | 0.24 | 0.21 | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3.57 | 3.67 | 4.39 | 4.16 | 4.07 | 1.57 | 4.08 |
| Revenue growth | -2.7% | -16.4% | +5.5% | +2.2% | +159.2% | -61.5% | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Total expenses | 2.30 | 3.68 | 4.37 | 4.12 | 4.03 | 1.56 | 4.05 |
| Employee cost | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
| EBITDA | 1.27 | (0.01) | 0.02 | 0.04 | 0.04 | 0.01 | 0.03 |
| EBITDA margin | +35.6% | -0.3% | +0.5% | +1.0% | +1.0% | +0.6% | +0.7% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.27 | (0.01) | 0.02 | 0.03 | 0.04 | 0.01 | 0.04 |
| Tax | 0.31 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 |
| Net profit | 0.96 | (0.01) | 0.01 | 0.02 | 0.03 | 0.01 | 0.03 |
| Net profit margin | +26.9% | -0.3% | +0.2% | +0.5% | +0.7% | +0.6% | +0.7% |
| EPS (₹) | 1.82 | (0.03) | 0.03 | 0.04 | 0.05 | 0.00 | 0.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.21 | 5.21 | 5.21 | 5.21 | 5.21 | 5.21 | 5.21 |
| Reserves & surplus | 2.13 | 1.07 | 0.84 | 0.72 | 1.40 | 1.37 | 1.06 |
| Shareholders' funds (net worth) | 7.34 | 6.28 | 6.05 | 5.93 | 6.61 | 6.58 | 6.27 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 7.34 | 6.28 | 6.05 | 5.93 | 6.61 | 6.58 | 6.27 |
| Assets | |||||||
| Gross block | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 | 0.00 | 0.01 |
| Net block | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2.27 | 2.12 | 1.79 | 1.65 | 2.60 | 2.59 | 2.17 |
| Inventories | 1.40 | 2.03 | 0.13 | 1.69 | 2.47 | 3.59 | 3.51 |
| Sundry debtors | 1.15 | 1.78 | 4.48 | 2.50 | 1.33 | 0.24 | 0.40 |
| Cash & bank balances | 1.20 | 0.06 | 0.08 | 0.02 | 0.03 | 0.02 | 0.02 |
| Loans & advances | 1.50 | 0.09 | 0.01 | 0.07 | 0.08 | 0.05 | 0.04 |
| Total current assets | 5.25 | 3.96 | 4.70 | 4.28 | 3.91 | 3.90 | 3.97 |
| Total current liabilities | 0.37 | 0.02 | 0.76 | 0.36 | 0.02 | 0.03 | 0.09 |
| Net working capital | 4.88 | 3.94 | 3.94 | 3.92 | 3.89 | 3.87 | 3.88 |
| Total assets | 7.34 | 6.28 | 6.05 | 5.93 | 6.61 | 6.58 | 6.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.06 | 0.08 | 0.02 | 0.03 | 0.02 | 0.02 | 0.16 |
| Net cash from operating activities | 1.15 | (0.02) | 0.06 | (0.01) | 0.03 | 0.00 | (0.16) |
| Net cash from investing activities | 0.00 | 0.00 | 0.00 | 0.00 | (0.02) | 0.00 | 0.01 |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | 1.15 | (0.02) | 0.06 | (0.01) | 0.01 | 0.00 | (0.15) |
| Closing cash | 1.20 | 0.06 | 0.08 | 0.02 | 0.03 | 0.02 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -2.7% | -16.4% | +5.5% | +2.2% | +159.2% | -61.5% | - |
| EBITDA growth | - | -150.0% | -50.0% | 0.0% | +300.0% | -66.7% | - |
| PBT growth | +9998.0% | - | -33.3% | -25.0% | +300.0% | -75.0% | -20.0% |
| Net income growth | +9700.0% | -200.0% | -50.0% | -33.3% | +200.0% | -66.7% | - |
| Revenue CAGR (3Y) | -5.0% | -3.4% | +40.9% | +0.7% | +2.6% | -20.6% | +21.1% |
| EBITDA CAGR (3Y) | +216.7% | - | +26.0% | +10.1% | +10.1% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +26.9% | -0.3% | +0.2% | +0.5% | +0.7% | +0.6% | +0.7% |
| Return on capital employed | +18.5% | 0.0% | +0.5% | +0.5% | +0.5% | 0.0% | +0.6% |
| Return on net worth | +14.0% | 0.0% | +0.3% | +0.3% | +0.3% | 0.0% | +0.5% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 367.00 | 219.50 | 208.00 | 407.00 | 314.00 | 408.00 |
| Inventory turnover | 2.08 | 3.40 | 4.82 | 2.00 | 1.34 | 0.44 | 1.45 |
| Debtors turnover | 2.44 | 1.17 | 1.26 | 2.17 | 5.18 | 4.91 | 3.55 |
| EPS (₹) | 1.82 | (0.03) | 0.03 | 0.04 | 0.05 | 0.00 | 0.05 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 14.10 | 12.05 | 11.62 | 11.37 | 12.68 | 12.62 | 12.03 |
To see the full year-wise statements and ratios of Arman Holdings Limited, buy the company report.
Board of directors of Arman Holdings Limited
Arman Holdings has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Tejawat | Director | 05 Apr 2022 | 4 Years 6 Months | Current |
| Priyadarshani Deepak Babel Also directs: Manasvini Bullion Private Limited | Director | 12 Aug 2014 | 12 Years 2 Months | Current |
| Deepak Kumar Babel Also directs: Manasvini Bullion Private Limited | Managing Director | 25 Apr 2013 | 13 Years 6 Months | Current |
| Krishna Hareshbhai Bhatt Also directs: Boss Packaging Solutions Limited, 7Nr Retail Limited | Additional Director | 16 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Arman Holdings Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sai Simrun Designers Private Limited | ₹3.67 Cr (FY 2025) | -26.0% | Mumbai, Maharashtra, India | |||
| Siliguri Apparel Private Limited | ₹3.67 Cr (FY 2024) | -20.0% | Siliguri, West Bengal, India | |||
| Subham Agro Pvt Ltd | ₹3.66 Cr (FY 2025) | -51.0% | Howrah, West Bengal, India | |||
| Arman Holdings Limitedthis company | ₹3.57 Cr (FY 2026) | ₹96 Lakh | 26.9% | -2.7% | Surat, Gujarat, India |
To see the full peer comparison of Arman Holdings Limited, buy the company report.
Auditor
Arman Holdings Limited is audited by Anmol Rana & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anmol Rana & Associates | FY 2022 | 015666C |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 24.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 75.10%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 24.90% | 24.90% | 24.90% | 24.90% |
| Public | 75.10% | 75.10% | 75.10% | 75.10% |
Deals & funding
Arman Holdings Limited has 48 deals on record (48 market trades); the latest was in September 2026.
Deals on record (5 of 48)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹69 Lakh | Buyer: an individual Seller: Manasvini Bullion Private Limited |
| Sep 2026 | Market trade | ₹49.5 Lakh | Buyer: an individual Seller: Manasvini Bullion Private Limited |
| Jul 2026 | Market trade | ₹58.6 Lakh | Buyer: an individual Seller: Opportune Exim Private Limited |
| Jul 2026 | Market trade | ₹46.1 Lakh | Buyer: an individual Seller: Opportune Exim Private Limited |
| Jun 2026 | Market trade | ₹68.2 Lakh | Buyer: an individual Seller: Opportune Exim Private Limited |
To see the full deal history of Arman Holdings Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Arman Holdings Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Arman Holdings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Arman Holdings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACA0229Q1ZS | Gujarat | Active | 05 Aug 2017 |
To see the full GST registrations and return filing status of Arman Holdings Limited, buy the company report.
Recent activity
Arman Holdings Limited has 24 board changes on record since 1984: 14 appointments and 10 cessations. The latest: Krishna Hareshbhai Bhatt was appointed as Additional Director on 16 Jan 2026.
15 earlier events are in the company report.
Frequently asked questions
Arman Holdings is an active public limited company based in Surat, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 25 October 1982 (44+ years old) and is registered under CIN L65993GJ1982PLC082961. Listed on BSE: 538556.
Arman Holdings reported revenue of ₹3.57 Cr for FY 2025-26 (down 2.7% YoY) based on standalone financials.
Arman Holdings has 4 current directors:
- Deepak Kumar Babel - Managing Director
- Abhishek Tejawat - Director
- Priyadarshani Deepak Babel - Director
- Krishna Hareshbhai Bhatt - Additional Director
The latest financial statements of Arman Holdings on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Arman Holdings is 24AAACA0229Q1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Arman Holdings is L65993GJ1982PLC082961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Arman Holdings is a listed company as per MCA records. Its shares are listed on BSE (code: 538556).
Arman Holdings was incorporated on 25 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Arman Holdings has 48 deals on record (48 market trades); the latest was in September 2026.
The peers of Arman Holdings by revenue are Sai Simrun Designers Private Limited, Siliguri Apparel Private Limited, Subham Agro Pvt Ltd, all in the BFSI industry (Broking Services, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Krishna Hareshbhai Bhatt was appointed as Additional Director on 16 Jan 2026. Neel Sanjaykumar Singapuri was appointed as Additional Director on 05 Nov 2025. Abhishek Tejawat was appointed as Director on 05 Apr 2022. Arman Holdings has 24 board changes on record in total.

