Northern Arc Capital Ltd
Founded in 2009, Northern Arc Capital Limited offers retail loans to underserved households and businesses in India.[1]
- Market Cap ₹ 4,920 Cr.
- Current Price ₹ 306
- High / Low ₹ 334 / 206
- Stock P/E 11.5
- Book Value ₹ 241
- Dividend Yield 0.00 %
- ROCE 9.94 %
- ROE 11.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 50.2% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 12.5% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Financial Services Financial Services Finance Non Banking Financial Company (NBFC)
Part of BSE Financial Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 562 | 601 | 643 | 868 | 1,254 | 1,830 | 2,286 | 2,634 | |
| Interest | 302 | 310 | 323 | 411 | 558 | 728 | 825 | 886 |
| 127 | 154 | 240 | 227 | 387 | 726 | 1,015 | 1,171 | |
| Financing Profit | 133 | 137 | 80 | 230 | 309 | 375 | 447 | 577 |
| Financing Margin % | 24% | 23% | 12% | 27% | 25% | 21% | 20% | 22% |
| 16 | 0 | 3 | 6 | 4 | 15 | 10 | 10 | |
| Depreciation | 3 | 7 | 7 | 9 | 10 | 15 | 15 | 17 |
| Profit before tax | 146 | 131 | 76 | 227 | 303 | 375 | 442 | 570 |
| Tax % | 39% | 31% | 27% | 28% | 26% | 25% | 22% | 25% |
| 89 | 90 | 56 | 164 | 225 | 280 | 343 | 429 | |
| EPS in Rs | 11.40 | 10.24 | 6.37 | 18.42 | 25.31 | 31.34 | 21.23 | 26.56 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 28% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 50% |
| 3 Years: | 24% |
| TTM: | 25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 12% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 78 | 87 | 88 | 89 | 89 | 89 | 161 | 162 |
| Reserves | 993 | 1,323 | 1,388 | 1,538 | 1,755 | 2,078 | 3,248 | 3,732 |
| Borrowing | 2,980 | 3,004 | 4,015 | 6,066 | 7,117 | 9,130 | 9,784 | 12,198 |
| 77 | 69 | 85 | 142 | 243 | 321 | 327 | 561 | |
| Total Liabilities | 4,129 | 4,483 | 5,576 | 7,835 | 9,205 | 11,620 | 13,521 | 16,653 |
| 4 | 23 | 21 | 19 | 43 | 48 | 68 | 70 | |
| CWIP | 3 | 1 | 1 | 0 | 1 | 2 | 6 | 0 |
| Investments | 1,049 | 1,048 | 1,253 | 1,639 | 1,697 | 1,653 | 1,957 | 2,890 |
| 3,073 | 3,411 | 4,302 | 6,177 | 7,464 | 9,917 | 11,490 | 13,693 | |
| Total Assets | 4,129 | 4,483 | 5,576 | 7,835 | 9,205 | 11,620 | 13,521 | 16,653 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| -114 | -90 | -977 | -1,329 | -1,292 | -2,140 | -1,054 | -1,524 | |
| 35 | -1 | 356 | -377 | -174 | 49 | -398 | -881 | |
| 81 | 233 | 684 | 2,023 | 966 | 2,048 | 1,612 | 2,309 | |
| Net Cash Flow | 2 | 142 | 63 | 316 | -500 | -43 | 160 | -96 |
| Free Cash Flow | -119 | -101 | -981 | -1,337 | -1,304 | -2,151 | -1,070 | -1,534 |
| CFO/OP | -13% | -7% | -233% | -199% | -140% | -186% | -74% | -93% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| ROE % | 8% | 7% | 4% | 11% | 13% | 14% | 12% | 12% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Lending AUM INR crore |
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| Placements Volume INR crore |
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| Gross Transaction Volume INR crore |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1h - Northern Arc Capital schedules Q1FY27 results conference call on July 27, 2026 at 6:30 PM IST.
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Board Meeting Intimation for Consideration And Approval Of Unaudited Quarterly Financial Results For Quarter Ended June 30, 2026
2h - Board meets July 27, 2026 to approve Q1 FY27 unaudited standalone and consolidated results.
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Board Meeting Outcome for Outcome Of Board Meeting July 10, 2026
10 Jul - Board approved joint statutory auditor appointment and allotted 39,000 ESOP shares on July 10, 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jul
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Closure of Trading Window
24 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY2026-27 results.
Annual reports
Concalls
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May 2026Transcript PPT REC
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Jan 2026Transcript PPT
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Oct 2025Transcript PPT REC
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Oct 2025TranscriptAI SummaryPPT
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Oct 2025TranscriptAI SummaryPPT
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Jul 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Oct 2024Transcript PPT
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Oct 2024Transcript PPT REC
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Oct 2024TranscriptPPT
Business Profile:[1]
Northern ARC Capital is a diversified financial services platform addressing the credit needs
of underserved households and businesses in India. The company has facilitated financing of over Rs. 2.3 lakh crore, impacting 130 Mn+ lives.