Arohan Financial Services Limited | Annual Report 2022-23

71 | Annual Report | 2022-2023 DIRECTOR’S REPORT Dear Members, Your Board of Directors (the “ Board ”) takes pleasure in presenting the Annual Report of AROHAN FINANCIAL SERVICES LIMITED (the “ Company ”) together with the audited financial statements for the year ended March 31, 2023. In compliance with the applicable provisions of The Companies Act, 2013, (including any statutory modification(s) or re-enactment(s) thereof, for time being in force) ( “Act” ) andThe Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( “SEBI Listing Regulations” ), this report covers the financial results and other developments during the financial year ended March 31, 2023. FINANCIAL AND OPERATIONAL HIGHLIGHTS The financial performance of the Company is summarized below: The operational highlights of the Company are summarized below: Year ended March 31 FY 2023 FY 2022 Change (%) Total Revenue (A) 1090.99 920.43 18.53 Less: Expenditure (B) 808.39 701.82 15.18 Less: Impairment on financial instruments (C) 192.65 135.67 42.00 Profit/(loss) before tax (D)= (A-(B+C)) 89.95 82.94 8.45 Total tax expense (E) 19.24 21.99 (12.51) Profit/(loss) after tax (F)= (D-E) 70.72 60.95 16.03 Other-Comprehensive Income (2.63) (1.63) (61.35) Total Comprehensive income for the year 68.09 59.32 14.78 Earnings Per Share (EPS) - Basic (in INR) 6.05 5.22 15.90 - Diluted (in INR) 5.84 5.20 12.31 Year ended March 31 FY 2023 FY 2022 Change (%) Number of branches 829 740 12.03 Number of customer (in lakhs) 20 19 5.26 Number of employees 8030 7160 12.15 Gross loan portfolio (in crores) 5357 4122 29.96 ( INR in Crores ) Last year has been very crucial, considering many significant developments like expansion of the business to newgeographies, increased disbursement and recovery, investments from foreign investors, etc. The business of the Company has seen an improvement, due to various factors like borrower activation levels, employee productivity, better credit environment since COVID-19 pandemic, etc. The Company has achieved new heights of success in comparison with previous years: crossed the mark of INR 5000 Crores of outstanding portfolio, bagged the ISO 9001 quality certification on security, cross sell department crossing a landmark figure of INR 100 Crores in fee revenue, new CSR activities focusing on ESG approach. Arohan has launched a new segment- Arohan Privilege, first-in-class digital lending vertical,