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Northern Arc Capital Limited NORTHARC NSEFINANCIAL

Financial Services · Credit Services · India
https://www.northernarc.com
Company Profile ↓
₹302.15
+30.85% 1Y
Mkt Cap₹4,881.89 Cr
P/E12.17
P/B1.15
52W High₹325.30
52W Low₹206.85
Book Value₹241.10
EPS (TTM)₹24.82

Company Overview

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 rural financing services; loans for personal, microfinance, vehicle finance, as well as buy now pay later solutions; education loans; insurance premium financing; 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 assignments. 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. It 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.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 18.8% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 30.0% CAGR over the past five years.

Reasonable Valuation

Trades at a P/E of 12.2, below the sector median of 19.6.

Healthy Margins

Maintains a net profit margin of 17.8%.

Recent Developments

  • Mar 2026 Revenue of ₹2,287.23 Cr (+11.8% YoY); net profit ₹406.02 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +11.8%, earnings +33.3%.
  • 5-Year Trend Long-term compounding — revenue CAGR 30.0%, profit CAGR 18.8%.

Growth & Price Performance

Compounded Sales Growth

5 Years:30.02%
1 Year:11.82%

Compounded Profit Growth

5 Years:18.79%
1 Year:33.32%

Stock Price Performance

1 Year:+30.85%
6 Months:+25.92%
3 Months:+0.73%
1 Month:+7.76%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 80% of range
₹206.85 ₹325.30
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)55.87 · Neutral
Price Performance
1M+7.76%
3M+0.73%
6M+25.92%
1Y+30.85%
Valuation vs Sector

P/E of 12.17 is below the sector median of 19.62 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 30.0% over 5 years.
  • Profit CAGR of 18.8% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

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

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Valuation

Stock P/E
12.17
Industry PE
19.62
Forward P/E
6.83
PEG Ratio
-
Book Value
₹241.10
Price to Book
1.15
P/S
3.72
EV/EBITDA
29.70
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
30.02%
Profit 5Y
18.79%
Revenue (YoY)
11.82%
Earnings (YoY)
33.32%

Profitability & Returns

ROCE
5.56%
ROE
10.42%
ROA
2.42%
Profit Margin
17.75%
Op Margin
24.85%
Gross Margin
35.23%
EPS (Latest Qtr)
₹6.98
EPS (TTM)
₹24.82

Balance Sheet & Liquidity

Debt/Equity
3.15
Quick Ratio
-
Current Ratio
1.61
Debt
₹12,258.34 Cr
Total Assets
₹16,744.60 Cr
Current Assets
₹11,389.27 Cr
Working Capital
₹4,336.09 Cr

Ownership

Promoter Holding
55.18%
Chg in Prom Hold
-0.76%
FII / Inst Holding
7.72%
Chg in FII Hold
0.17%

Financial Snapshot

Enterprise Value
₹4,881.89 Cr
Total Revenue (TTM)
₹2,287.23 Cr
EBITDA
₹557.51 Cr
Free Cash Flow
₹-1,555.70 Cr
Operating Cash Flow
₹-1,540.60 Cr
Shares Outstanding
₹16.16 Cr
Gross Margin
35.23%
Payout Ratio
0.00%

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 302.15 12.17 ₹4,881.89 Cr 0.00% 5.56% 10.42% 30.02% 18.79%
2 HDFCBANK HDFC Bank Limited NIFTY50NSEAIFINANCIAL 712.10 15.57 ₹10.96 L Cr 1.77% - 8.63% 16.90% 12.47%
3 ICICIBANK ICICI Bank Limited NIFTY50NSEAIFINANCIAL 1,423.20 19.03 ₹10.19 L Cr 0.82% - 14.93% 18.11% 16.78%
4 SBIN State Bank of India NIFTY50NSEAIFINANCIALPSU 1,016.10 11.15 ₹9.38 L Cr 1.60% - 13.97% 12.19% 14.39%
5 BAJFINANCE Bajaj Finance Limited NIFTY50NSEAIFINANCIAL 1,060.50 34.76 ₹6.60 L Cr 0.47% - 16.68% 22.58% 18.23%
6 LICI Life Insurance Corporation of India NIFTY_MIDNSEFINANCIALPSU 415.35 9.14 ₹5.25 L Cr 2.58% - 32.53% 7.26% 16.86%
7 KOTAKBANK Kotak Mahindra Bank Limited NIFTY50NSEAIFINANCIAL 424.50 21.89 ₹4.22 L Cr 0.16% - 10.64% 13.48% 8.92%
8 AXISBANK Axis Bank Limited NIFTY50NSEAIFINANCIAL 1,273.00 15.07 ₹3.96 L Cr 0.08% - 12.27% 12.16% 34.61%
9 BAJAJFINSV Bajaj Finserv Ltd. NIFTY50NSEAIFINANCIAL 1,970.00 32.30 ₹3.15 L Cr 0.06% - 12.58% 22.92% 15.16%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue 401.00 Cr437.00 Cr492.00 Cr564.00 Cr578.00 Cr585.00 Cr546.32 Cr577.17 Cr583.63 Cr627.00 Cr656.98 Cr701.36 Cr772.87 Cr
Cost of Revenue ------367.48 Cr332.41 Cr359.19 Cr-407.56 Cr407.57 Cr452.59 Cr
Gross Profit ------178.85 Cr244.77 Cr224.44 Cr-249.42 Cr293.79 Cr320.29 Cr
Operating Expenses 126.00 Cr154.00 Cr200.00 Cr242.00 Cr246.00 Cr244.00 Cr37.27 Cr45.16 Cr41.67 Cr295.00 Cr52.74 Cr68.57 Cr67.36 Cr
Operating Income ------141.58 Cr199.61 Cr182.77 Cr-196.68 Cr225.22 Cr252.93 Cr
EBITDA ------147.45 Cr204.57 Cr187.01 Cr-201.56 Cr229.91 Cr256.90 Cr
Interest Expense 164.00 Cr174.00 Cr184.00 Cr204.00 Cr209.00 Cr205.00 Cr---208.00 Cr---
Pretax Income 112.00 Cr107.00 Cr108.00 Cr114.00 Cr123.00 Cr134.00 Cr94.04 Cr35.01 Cr104.37 Cr121.00 Cr134.66 Cr175.57 Cr152.94 Cr
Tax Provision 21.28 Cr27.82 Cr25.92 Cr28.50 Cr29.52 Cr37.52 Cr20.86 Cr-3.37 Cr26.12 Cr30.25 Cr32.96 Cr42.92 Cr38.84 Cr
Net Income 91.00 Cr79.00 Cr82.00 Cr86.00 Cr94.00 Cr96.00 Cr75.62 Cr37.76 Cr81.05 Cr91.00 Cr100.76 Cr132.50 Cr114.33 Cr
Diluted EPS 9.858.598.459.9410.456.054.662.334.985.686.218.166.98

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue 370.00 Cr602.00 Cr634.00 Cr682.00 Cr-1,040.57 Cr1,625.59 Cr2,045.43 Cr2,287.23 Cr
Cost of Revenue -----798.81 Cr1,126.99 Cr1,334.85 Cr1,481.53 Cr
Gross Profit -----241.76 Cr498.60 Cr710.58 Cr805.70 Cr
Operating Expenses 96.00 Cr135.00 Cr174.00 Cr255.00 Cr-134.52 Cr211.09 Cr197.29 Cr237.30 Cr
Operating Income -----107.24 Cr287.51 Cr513.29 Cr568.40 Cr
EBITDA -----333.84 Cr438.34 Cr407.14 Cr557.51 Cr
Interest Expense 176.00 Cr303.00 Cr310.00 Cr324.00 Cr1.47 Cr1.46 Cr1.75 Cr3.17 Cr3.16 Cr
Pretax Income 97.00 Cr175.00 Cr144.00 Cr100.00 Cr-321.23 Cr420.24 Cr386.08 Cr535.56 Cr
Tax Provision 32.98 Cr59.50 Cr41.76 Cr23.00 Cr-79.01 Cr102.54 Cr84.76 Cr131.99 Cr
Net Income 64.00 Cr115.00 Cr103.00 Cr77.00 Cr-242.21 Cr308.33 Cr304.55 Cr406.02 Cr
Diluted EPS 8.1412.6510.617.6811.2715.0119.1120.0324.82

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets 2,945.00 Cr4,279.00 Cr4,597.00 Cr5,696.00 Cr-9,371.57 Cr11,707.66 Cr13,638.07 Cr16,744.60 Cr
Current Assets -----6,093.59 Cr7,665.07 Cr8,760.50 Cr11,389.27 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 Cr7,053.18 Cr
Long Term Debt -----3,872.34 Cr3,585.87 Cr4,069.54 Cr5,735.38 Cr
Total Debt -----7,034.57 Cr9,047.76 Cr9,860.00 Cr12,258.34 Cr
Total Equity 475.00 Cr1,092.00 Cr1,423.00 Cr1,500.00 Cr-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 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow --336.00 Cr-54.00 Cr-711.00 Cr--1,295.65 Cr-2,134.44 Cr-1,046.68 Cr-1,540.60 Cr
Investing Cash Flow --36.00 Cr-26.00 Cr-201.00 Cr--119.47 Cr36.04 Cr-388.21 Cr-851.22 Cr
Financing Cash Flow -375.00 Cr223.00 Cr977.00 Cr-927.95 Cr2,045.46 Cr1,585.75 Cr2,292.08 Cr
Capital Expenditure --7.00 Cr-11.00 Cr-4.00 Cr-12.30 Cr--13.70 Cr-18.08 Cr-15.09 Cr
Free Cash Flow --343.00 Cr-65.00 Cr-715.00 Cr--1,295.65 Cr-2,148.14 Cr-1,064.75 Cr-1,555.70 Cr
Net Change in Cash -4.00 Cr142.00 Cr65.00 Cr--487.17 Cr-52.94 Cr150.87 Cr-99.75 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2017Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -----23.2%30.7%34.7%35.2%
Operating Margin % -----10.3%17.7%25.1%24.9%
Net Margin % 17.3%19.1%16.2%11.3%-23.3%19.0%14.9%17.8%
ROE % 13.5%10.5%7.2%5.1%-12.4%13.3%8.9%10.4%
ROCE % -----1.8%4.8%6.8%5.9%

Shareholding Pattern

Insiders
55.18%
Institutions
7.72%
Public Float
17.23%

Analyst View

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Latest News

Recent headlines for NORTHARC

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NORTHARC — Frequently Asked Questions

What is the current share price of Northern Arc Capital Limited (NORTHARC)?

As of 2026-09-08 04:53 IST, Northern Arc Capital Limited (NORTHARC) trades at ₹302.15 on NSE. Its 52-week range is ₹206.85 to ₹325.30.

What is the market capitalisation of NORTHARC?

Northern Arc Capital Limited (NORTHARC) has a market capitalisation of ₹4,881.89 Cr on NSE.

What is the P/E ratio of NORTHARC?

NORTHARC trades at a trailing price-to-earnings (P/E) ratio of 12.17. The industry average P/E is 19.62. Its price-to-book (P/B) ratio is 1.15.

What is the return on equity (ROE) of NORTHARC?

NORTHARC has a return on equity (ROE) of 10.42%. Its return on capital employed (ROCE) is 5.56%.

Is NORTHARC a good stock to buy?

This page provides a data-driven analysis of Northern Arc Capital Limited (NORTHARC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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