Northern ARC Capital
- Market cap
- ₹ 4,021 Cr.
- P/E
- 9.4x
- P/B
- 1.07x
- 52-week range
- 206 – 334
- ROE
- 11%
- Dividend yield
- 0%
- Debt / equity
- 3.15
- Sector
- Finance
- Industry
- Non Banking Financial Company (NBFC)
- Listed on
- NSE, BSE
About
Northern Arc Capital Limited is a non-banking finance company (NBFC), engaged in lending and allied services such as advisory, syndication and portfolio management to provide liquidity and develop access to debt-capital markets for institutions and providing loans for personal, business, education and mortgage purposes to individuals by setting up microfinance institution, online debt trading platforms and alternative investment funds. Its segment includes financing activities, Investment advisory services, Investment management services, and Portfolio Management services. Its product includes debt products, credit-enhanced debt products, and portfolio financing products. Its debt product includes term and working capital loans, non-convertible debentures, Principle protected market linked debentures, commercial paper, and external commercial borrowings. Its portfolio financing products include multi-originator securitization, persistent securitizations, and direct assignment.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Non Banking Financial Company (NBFC): 288 companies →Northern ARC Capital against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)9.4 against a typical 22.5: cheaper than most peers (1st = cheapest).62nd of 284
- Sales growth+28.9% against a typical +18.3% from a year earlier.113th of 259
- Profit growth+46.2% against a typical +20.2% from a year earlier.78th of 214
- Share price, 3 months−11.2% against a typical −4.2%.167th of 258
- Size₹ 4,020.8 Cr. market value against a typical ₹ 43 Cr. (1st = largest).22nd of 269
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | — | — | 22 Oct 2026 |
| ICRA | [ICRA]AA- | Stable | 8 Apr 2026 |
| India Ratings | Withdrawn | Stable | 22 Dec 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 22 Oct 2026 | Reaffirmed | — | — | CARE | ₹ 795 Cr. | |
| 9 Oct 2026 | New rating | Provisional CARE A+ (SO) | Low | CARE | ₹ 122.31 Cr. | |
| 5 Oct 2026 | Reaffirmed | — | — | CARE | ₹ 520 Cr. | |
| 30 Sep 2026 | New rating | Provisional CARE A (SO) | Low | CARE | ₹ 143.66 Cr. | |
| 23 Sep 2026 | New rating | Provisional CARE A+ (SO) | — | CARE | ₹ 206.27 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 3 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 27 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 30 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 31 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 29 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 19 May 2025 | Financial Results/Fund Raising | To consider and approve the financial results for the period ended March 31, 2025 and Fund Raising by way of issue of debt securities through private placement |
| 14 Feb 2025 | Financial Results | To consider and approve the unaudited financial results for the third quarter ended December 31, 2024, along with the limited review report of the Auditor's Report thereon. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 437 | 492 | 564 | 578 | 585 | 576 | 603 | 605 | 627 | 721 | 742 | 780 |
| Interest | 174 | 184 | 204 | 209 | 205 | 214 | 200 | 216 | 208 | 231 | 239 | 260 |
| Expenses | 154 | 200 | 242 | 246 | 244 | 267 | 367 | 283 | 295 | 354 | 326 | 366 |
| Financing Profit | 108 | 108 | 118 | 123 | 136 | 95 | 36 | 106 | 125 | 136 | 177 | 154 |
| Financing Margin % | 25% | 22% | 21% | 21% | 23% | 17% | 6% | 18% | 20% | 19% | 24% | 20% |
| Other Income | 3 | 5 | 1 | 5 | 1 | 5 | 4 | 2 | 1 | 4 | 3 | 3 |
| Depreciation | 4 | 5 | 5 | 4 | 3 | 6 | 5 | 4 | 5 | 5 | 5 | 4 |
| Profit before tax | 107 | 108 | 114 | 123 | 134 | 94 | 35 | 104 | 121 | 135 | 176 | 153 |
| Tax % | 26% | 24% | 25% | 24% | 28% | 22% | −10% | 25% | 25% | 24% | 24% | 25% |
| Net Profit | 79 | 82 | 86 | 94 | 96 | 73 | 38 | 78 | 91 | 102 | 133 | 114 |
| EPS in Rs | 8.59 | 8.45 | 9.94 | 10.45 | 6.05 | 4.69 | 2.34 | 5.02 | 5.68 | 6.24 | 8.2 | 7.07 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 32%
- 3 Years
- 27%
- TTM
- 21%
- 10 Years
- —
- 5 Years
- 43%
- 3 Years
- 21%
- TTM
- 50%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 12%
- 3 Years
- 12%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Northern ARC Capital | ₹ 256.50 | ₹ 4,021 Cr. | 9.4x | 1.1x | 11% | — |
| Bajaj Finance | ₹ 927.00 | ₹ 5,77,146 Cr. | 25x | 5.8x | 18.1% | 23.7% |
| Shriram Finance | ₹ 867.00 | ₹ 2,04,004 Cr. | 13.9x | 3x | 16.4% | 20.9% |
| Jio Financial Services | ₹ 205.00 | ₹ 1,35,364 Cr. | 95.5x | 1.2x | — | 49.8% |
| Tata Capital | ₹ 307.05 | ₹ 1,30,358 Cr. | 20.5x | 3.3x | 12.3% | 16% |
| Power Finance Corporation | ₹ 316.00 | ₹ 1,04,283 Cr. | 5.4x | 1x | 20.7% | 29.1% |
Management
- Atul Tibrewal
- Chief Financial Officer
- Prakash Chandra Panda
- Compliance Officer, Company Secretary
- Ashish Mehrotra
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.