Medium Risk

Arman Financial Services Limited

Two-wheeler Finance and MSME Finance and Loan Against Property (LAP)

CIN: L55910GJ1992PLC018623 FY: - Revenue: ₹181.9 Cr
5.8
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
5.0
EPR Exposure
6.5
Compliance Risk
10.0
HR Risk
3.0
Governance Risk
3.0

Financial Exposure

Est. Compliance Cost₹0–1 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated— T

Governance

Anti-Corruption PolicyYes
Conflict of Interest PolicyYes
BRSR AssuranceNone
Assurance Provider

Double Materiality

Financial Materiality5.8
Impact Materiality5.3
QuadrantDual Materiality

Supply Chain

MSME Sourcing—%
Lifecycle AssessmentNo
Product ReclaimYes

Material Risks

e-waste

ESG Targets & Commitments

TopicTarget / MetricStatus
Human Rights in Supply Chain HR clauses in all contracts Commitment

AI Risk Summary

**Financial Risk Summary: Arman Financial Services Limited** Arman Financial Services faces its most acute exposure through **critical compliance gaps**, with a perfect 10.0/10 compliance risk score creating immediate regulatory enforcement and potential delisting risk under SEBI BRSR Core Expansion mandates—particularly concerning given non-disclosure of Scope 1 and 2 emissions data despite operating physical offices and vehicles. The company's **unknown EPR (Extended Producer Responsibility) applicability status** (6.5/10 exposure risk) represents unquantified contingent liability; if finance-related services fall under EPR scope, estimated remediation costs could reach ₹0.5–1 crore, though sector classification requires urgent clarification. With ₹181.9 crore revenue and estimated compliance costs of ₹0–1 crore, failure to establish baseline GHG accounting and close BRSR disclosure gaps within the next regulatory reporting cycle poses material reputational risk and potential SEBI enforcement action before the compliance obligation deadline.

Source: Arman Financial Services Limited BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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