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Northern Arc Capital Limited NORTHARC NSEFINANCIAL

Financial Services · Credit Services · India
https://www.northernarc.com

Northern Arc Capital Limited operates as a non-banking financial company in India. It operates through Financing Activity, Investment Advisory Services, and Investment Management Services segments. The company offers lending and allied services, such as advisory and syndication services; loans for personal, business, education, and mortgage purposes; MSME financing, MFI, consumer and vehicle finance, and housing and agriculture finance; rural financing; mid-market corporate lending, loans against property, and supply chain finance; and fund management services, including alternative investment funds and portfolio management services. It also provides debt products, such as term and working capital loans, non-convertible debentures, principal protected market linked debentures, commercial papers, external commercial borrowings, and sub-debt products; and credit-enhanced debt products, including guarantee-backed lending, single issuer partial credit enhanced, and pooled loan and bond issuance program. In addition, the company offers portfolio financing products comprising rated securitization, multi-originator microfinance securitization, persistent securitizations, and direct assignment. Further, it provides Altifi, an alternative retail debt investment platform; Nimbus, a curated debt platform that enables end-to-end processing of debt transactions; nPOS, a co-lending and co-origination technology solution; and NuScore, a customized machine learning based analytical module designed to assist in the loan underwriting process. The company serves rural and retail customers; micro, small, and medium enterprises; originator partners; emerging corporates; and institutional investors. The company was formerly known as IFMR Capital Finance Limited and changed its name to Northern Arc Capital Limited in February 2018. Northern Arc Capital Limited was incorporated in 1989 and is based in Chennai, India.

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₹281.60
+28.73% 1Y

Market & Price

Market Cap
₹4,549.54 Cr
Current Price
₹281.60
High / Low (52W)
₹310.75 / ₹206.38
Beta
-

Valuation

Stock P/E
11.35
Industry PE
19.12
Forward P/E
6.31
PEG Ratio
-
Book Value
₹235.38
Price to Book
1.20
P/S
3.29
EV/EBITDA
-
Dividend Yield
-

Profitability & Returns

ROCE
4.76%
ROE
11.00%
ROA
2.66%
Profit Margin
29.35%
Op Margin
43.49%
EPS (Latest Qtr)
₹8.16
EPS (TTM)
₹24.81

Balance Sheet & Liquidity

Debt/Equity
3.14
Quick Ratio
46.26
Current Ratio
46.26
Debt
₹12,258.34 Cr
Total Assets
₹16,744.60 Cr
Current Assets
₹13,020.25 Cr
Working Capital
₹12,772.60 Cr

Ownership

Promoter Holding
55.97%
Chg in Prom Hold
-
FII / Inst Holding
8.88%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹16,209.21 Cr
Total Revenue (TTM)
₹1,383.54 Cr
EBITDA
-
Free Cash Flow
-
Operating Cash Flow
₹-1,540.60 Cr
Shares Outstanding
₹16.16 Cr
Gross Margin
77.33%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
34.47%
Profit 5Y
18.79%
Revenue (YoY)
-
Earnings (YoY)
237.70%

PROS

  • Excellent profit margin of 29.3%.
  • Compounding revenue at 34.5% over 5 years.
  • Profit CAGR of 18.8% over 5 years.

CONS

  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Financial Services).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 NORTHARC Northern Arc Capital Limited NSEFINANCIAL 281.60 11.35 ₹4,549.54 Cr - 4.76% 11.00% 34.47% 18.79%
2 HDFCBANK HDFC Bank Limited NIFTY50NSEAIFINANCIAL 744.55 16.61 ₹11.46 L Cr 1.75% - 13.82% 32.50% 20.39%
3 ICICIBANK ICICI Bank Limited NIFTY50NSEAIFINANCIAL 1,256.40 16.81 ₹9.01 L Cr 0.88% - 16.36% 19.65% 16.78%
4 SBIN State Bank of India NIFTY50NSEAIFINANCIALPSU 964.40 10.58 ₹8.90 L Cr 1.80% - 15.48% 12.19% 14.39%
5 KOTAKBANK Kotak Mahindra Bank Limited NIFTY50NSEAIFINANCIAL 384.20 19.80 ₹3.82 L Cr 0.13% - 11.39% 14.58% 8.92%
6 LICI Life Insurance Corporation of India NIFTY_MIDNSEFINANCIALPSU 411.35 9.06 ₹2.60 L Cr 2.43% - 42.36% 7.61% 16.86%
7 SHRIRAMFIN Shriram Finance Limited NIFTY50NSEFINANCIAL 947.15 17.79 ₹2.23 L Cr 1.46% - 16.38% 15.48% 18.59%
8 SBILIFE SBI Life Insurance Company Limited NIFTY50NSEFINANCIAL 1,830.10 74.06 ₹1.84 L Cr 0.15% - 13.70% 11.67% 12.81%
9 ICICIAMC ICICI PRUDENTIAL AMC LTD NIFTY_MIDNSEFINANCIAL 3,538.50 53.19 ₹1.75 L Cr 0.70% 98.30% 85.80% 28.94% 29.58%
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Quarterly Results

Figures in INR.

Metric Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026
Revenue 546.32 Cr577.17 Cr583.63 Cr656.98 Cr701.36 Cr
Cost of Revenue 367.48 Cr332.41 Cr359.19 Cr407.56 Cr407.57 Cr
Gross Profit 178.85 Cr244.77 Cr224.44 Cr249.42 Cr293.79 Cr
Operating Expenses 37.27 Cr45.16 Cr41.67 Cr52.74 Cr68.57 Cr
Operating Income 141.58 Cr199.61 Cr182.77 Cr196.68 Cr225.22 Cr
EBITDA 147.45 Cr204.57 Cr187.01 Cr201.56 Cr229.91 Cr
Interest Expense -----
Pretax Income 94.04 Cr35.01 Cr104.37 Cr134.66 Cr175.57 Cr
Tax Provision 20.86 Cr-3.37 Cr26.12 Cr32.96 Cr42.92 Cr
Net Income 75.62 Cr37.76 Cr81.05 Cr100.76 Cr132.50 Cr
Diluted EPS 4.662.334.986.218.16

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -1,040.57 Cr1,625.59 Cr2,268.73 Cr2,530.03 Cr
Cost of Revenue -798.81 Cr1,126.99 Cr1,401.56 Cr1,539.28 Cr
Gross Profit -241.76 Cr498.60 Cr867.17 Cr990.74 Cr
Operating Expenses -134.52 Cr211.09 Cr161.23 Cr205.02 Cr
Operating Income -107.24 Cr287.51 Cr705.94 Cr785.72 Cr
EBITDA -333.84 Cr438.34 Cr723.83 Cr804.51 Cr
Interest Expense 1.47 Cr1.46 Cr1.75 Cr3.17 Cr-
Pretax Income -321.23 Cr420.24 Cr386.08 Cr535.56 Cr
Tax Provision -79.01 Cr102.54 Cr84.76 Cr131.99 Cr
Net Income -242.21 Cr308.33 Cr304.55 Cr406.02 Cr
Diluted EPS 11.2715.0119.1120.03-

Compounded Sales Growth

5 Years:34.47%
1 Year:-

Compounded Profit Growth

5 Years:18.79%
1 Year:237.70%

Stock Price Performance

1 Year:+28.73%
6 Months:+9.13%
3 Months:+10.91%
1 Month:+7.43%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -9,371.57 Cr11,707.66 Cr13,638.07 Cr16,744.60 Cr
Current Assets -6,093.59 Cr7,665.07 Cr8,760.50 Cr13,020.25 Cr
Cash & Equivalents -232.34 Cr179.40 Cr330.27 Cr230.52 Cr
Inventory -----
Receivables -28.61 Cr25.35 Cr20.69 Cr20.60 Cr
Total Liabilities -7,303.84 Cr9,387.25 Cr10,198.51 Cr12,843.60 Cr
Current Liabilities -3,397.62 Cr5,768.40 Cr6,047.70 Cr247.65 Cr
Long Term Debt -3,872.34 Cr3,585.87 Cr4,069.54 Cr12,258.34 Cr
Total Debt -7,034.57 Cr9,047.76 Cr9,860.00 Cr12,258.34 Cr
Total Equity -1,955.43 Cr2,314.39 Cr3,434.25 Cr3,895.56 Cr
Shares Outstanding -15.91 Cr15.91 Cr16.14 Cr16.16 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow --1,295.65 Cr-2,134.44 Cr-1,046.68 Cr-1,540.60 Cr
Investing Cash Flow --119.47 Cr36.04 Cr-388.21 Cr-851.22 Cr
Financing Cash Flow -927.95 Cr2,045.46 Cr1,585.75 Cr2,292.08 Cr
Capital Expenditure -12.30 Cr--13.70 Cr-18.08 Cr-15.09 Cr
Free Cash Flow --1,295.65 Cr-2,148.14 Cr-1,064.75 Cr-1,555.70 Cr
Net Change in Cash --487.17 Cr-52.94 Cr150.87 Cr-99.75 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -23.2%30.7%38.2%39.2%
Operating Margin % -10.3%17.7%31.1%31.1%
Net Margin % -23.3%19.0%13.4%16.0%
ROE % -12.4%13.3%8.9%10.4%
ROCE % -1.8%4.8%9.3%4.8%

Shareholding Pattern

Insiders
55.97%
Institutions
8.88%
Public Float
20.17%

Analyst View

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