NORTHARC

Northern Arc Capital Limited

Diversified NBFC with consumer finance, MSME and rural loans and co-lending business

Financial Services›Financial Services›Finance›Non Banking Financial Company (NBFC)

northernarc.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹281.30
Market cap
4,542 Cr
Stock P/E
10.3
P/B
1.17
ROE (FY26)
10.4%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Northern Arc Capital is a non-banking finance company (NBFC) that lends directly to consumers, small businesses and rural borrowers, and also runs a credit solutions business that places loans with investors and manages credit funds.

Company snapshot

23rdBy market cap

Ranked among 58 companies in Non Banking Financial Company (NBFC).

Segment mix

Reportable segments as of 2024-09-30 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 98.6% of revenue

SegmentRevenue shareRevenuePBTAssets
Financing activity
98.6%
1,146 Cr267 Cr—
Investment advisory services—0 Cr-0.04 Cr—
Investment management services
1.5%
18 Cr-5 Cr—
Others
3.6%
42 Cr-9 Cr—
Portfolio management services—0 Cr0 Cr—

Shares add up to 104% because segment revenues are before inter-segment eliminations.

What we see

Positives
  • ✓Net margin of 15.0% — the business keeps a healthy share of every rupee it earns.
Concerns
  • ✗Operating cash flow is negative even though the company shows a profit — the business may not be generating real cash yet.
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Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Net Interest Income340 Cr348 Cr310 Cr351 Cr342 Cr357 Cr398 Cr441 Cr494 Cr
Other income5 Cr0.62 Cr5 Cr4 Cr2 Cr1 Cr3 Cr3 Cr3 Cr
Net operating income344 Cr348 Cr314 Cr355 Cr344 Cr359 Cr401 Cr445 Cr497 Cr
Employee cost70 Cr72 Cr74 Cr68 Cr76 Cr84 Cr85 Cr85 Cr93 Cr
Other expenses47 Cr25 Cr31 Cr40 Cr37 Cr43 Cr48 Cr58 Cr57 Cr
Provisions & contingencies—————————
Depreciation4 Cr3 Cr6 Cr5 Cr4 Cr5 Cr5 Cr5 Cr4 Cr
Profit before tax123 Cr134 Cr94 Cr35 Cr104 Cr121 Cr135 Cr176 Cr153 Cr
Tax %24.2%28.0%22.2%-9.6%25.0%24.8%24.5%24.4%25.4%
Net profit94 Cr96 Cr73 Cr38 Cr78 Cr91 Cr102 Cr133 Cr114 Cr
EPS (₹)₹10.46₹7.58₹4.69₹2.34₹5.02₹5.68₹6.24₹8.21₹7.08

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Net Interest Income———1,348 Cr1,538 CrSign in free for the trailing twelve months
Other income7 Cr6 Cr16 Cr14 Cr10 CrSign in free for the trailing twelve months
Net operating income7 Cr6 Cr16 Cr1,362 Cr1,548 CrSign in free for the trailing twelve months
Employee cost98 Cr149 Cr242 Cr285 Cr331 CrSign in free for the trailing twelve months
Other expenses61 Cr109 Cr157 Cr143 Cr186 CrSign in free for the trailing twelve months
Provisions & contingencies—————Sign in free for the trailing twelve months
Depreciation10 Cr12 Cr17 Cr18 Cr19 CrSign in free for the trailing twelve months
Profit before tax248 Cr321 Cr420 Cr386 Cr536 CrSign in free for the trailing twelve months
Tax %26.8%24.6%24.4%22.0%24.6%Sign in free for the trailing twelve months
Net profit182 Cr242 Cr318 Cr301 Cr404 CrSign in free for the trailing twelve months
EPS (₹)₹19.52₹25.85₹34.61₹20.08₹24.99Sign in free for the trailing twelve months
Dividend payout %———0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital89 Cr89 Cr89 Cr161 Cr162 Cr
Reserves1,650 Cr1,866 Cr2,225 Cr3,273 Cr3,734 Cr
Borrowings5,983 Cr7,035 Cr9,048 Cr9,860 Cr12,258 Cr
Other liabilities159 Cr269 Cr339 Cr339 Cr585 Cr
Total liabilities7,974 Cr9,372 Cr11,708 Cr13,638 Cr16,745 Cr
Fixed assets (net)2 Cr4 Cr7 Cr13 Cr10 Cr
CWIP———0 Cr0 Cr
Investments———2,052 Cr2,943 Cr
Loans & advances———10,572 Cr12,493 Cr
Trade receivables19 Cr29 Cr25 Cr21 Cr21 Cr
Cash & bank715 Cr232 Cr179 Cr330 Cr231 Cr
Other assets7,238 Cr9,107 Cr11,496 Cr650 Cr1,048 Cr
Total assets7,974 Cr9,372 Cr11,708 Cr13,638 Cr16,745 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-1,326 Cr-1,296 Cr-2,134 Cr-1,047 Cr-1,532 Cr
Cash from investing-386 Cr-119 Cr36 Cr-388 Cr-851 Cr
Cash from financing2,028 Cr928 Cr2,045 Cr1,586 Cr2,283 Cr
Net cash flow317 Cr-487 Cr-53 Cr151 Cr-100 Cr
Free cash flow (OCF − Capex)-1,338 Cr—-2,148 Cr-1,065 Cr-1,547 Cr

Ratios

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %9.4%11.1%13.3%8.9%10.4%
Debt / equity3.443.603.912.873.15