Arman Financial Services vs Aye Finance vs Baid Finserv: Which Stock Should You Track

Arman Financial Services vs Aye Finance vs Baid Finserv starts with the core numbers most investors compare within the NBFC segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.

All three names sit in the NBFC bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.

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Arman Financial Services, Aye Finance and Baid Finserv: Company Overview

Arman Financial Services is a listed Indian company in the NBFC space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Aye Finance is a listed Indian company in the NBFC space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Baid Finserv is a listed Indian company in the NBFC space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Arman Financial Services vs Aye Finance vs Baid Finserv: Valuation and Profitability Snapshot

Metric	Arman Financial Services	Aye Finance	Baid Finserv
Market Cap (approx.)	Rs 2,084 crore	Rs 4,525 crore	Rs 171 crore
PE Ratio (TTM)	17.91	19.04	11.22
PB Ratio	2.23	1.79	0.71
Return on Equity (ROE)	6.06%	7.65%	6.43%
EPS (TTM, Rs)	110.33	9.63	0.94
Dividend Yield	0.00%	0.00%	0.91%
Debt to Equity	1.90	2.00	1.23
Book Value per Share (Rs)	885.01	102.64	14.87

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On valuation, Arman Financial Services trades at a PE of 17.91 and a PB of 2.23, Aye Finance at a PE of 19.04 and a PB of 1.79, while Baid Finserv trades at a PE of 11.22 and a PB of 0.71. On return on equity, the three post 6.06%, 7.65% and 6.43% respectively, and on dividend yield they stand at 0.00%, 0.00% and 0.91%.

Arman Financial Services vs Aye Finance vs Baid Finserv: Latest Quarterly Results

Company	Latest Quarter Revenue	Latest Quarter Net Profit	YoY Change (Revenue)	QoQ Change (Revenue)
Arman Financial Services	Rs 201.82 crore	Rs 45.17 crore	+33.7%	+14.9%
Aye Finance	Quarterly revenue and profit figures for Aye Finance were not independently verified this round; readers should check the company's latest exchange filing before relying on a quarter-specific figure.
Baid Finserv	Quarterly revenue and profit figures for Baid Finserv were not independently verified this round; readers should check the company's latest exchange filing before relying on a quarter-specific figure.

Quarterly figures above are the most recent reported quarter for each company (Q1 FY28, quarter ended June 2026), compared with the year-ago and preceding quarter where that data was available. A blank cell means the figure could not be independently verified in this pull and should be checked on the company's own exchange filing before use.

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What Should Investors Look at Beyond These Numbers?

Beyond the metrics above, investors comparing these three nbfc names should track quarter-on-quarter revenue and margin trends, management commentary on order books or demand, and any sector-specific regulatory or input-cost developments, since a single-quarter snapshot can shift quickly.

Conclusion

Arman Financial Services vs Aye Finance vs Baid Finserv highlights how differently three companies in the same nbfc segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.

FAQs on Arman Financial Services vs Aye Finance vs Baid Finserv

What is the market cap difference between Arman Financial Services, Aye Finance and Baid Finserv?

Ans. As of September 2026, Arman Financial Services has a market cap of approximately Rs 2,084 crore, Aye Finance is at approximately Rs 4,525 crore, and Baid Finserv is at approximately Rs 171 crore.

Which of the three has the highest PE ratio?

Ans. Among Arman Financial Services, Aye Finance and Baid Finserv, the PE ratios stand at 17.91, 19.04 and 11.22 respectively as of September 2026.

Which of the three has the highest ROE?

Ans. Arman Financial Services, Aye Finance and Baid Finserv post ROE of 6.06%, 7.65% and 6.43% respectively as of September 2026.

Which of these three stocks pays the highest dividend yield?

Ans. Arman Financial Services, Aye Finance and Baid Finserv carry dividend yields of 0.00%, 0.00% and 0.91% respectively.

What is the debt to equity ratio for Arman Financial Services, Aye Finance and Baid Finserv?

Ans. Arman Financial Services carries a debt to equity of 1.90, Aye Finance of 2.00, and Baid Finserv of 1.23.

Which of the three trades at the highest price to book value?

Ans. Arman Financial Services, Aye Finance and Baid Finserv trade at price to book ratios of 2.23, 1.79 and 0.71 respectively.

Is one of Arman Financial Services, Aye Finance or Baid Finserv better than the others?

Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor's own criteria and research.