Northern Arc Capital Ltd.
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.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Apr has averaged the highest return (+29.9%); Feb the lowest (-11.5%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +9.3%Positive MonthJan 2026: +9.27% | -7.5%Negative MonthFeb 2026: -7.51% | -18.0%Negative MonthMar 2026: -17.96% | +25.9%Positive MonthApr 2026: +25.94% | +7.8%Positive MonthMay 2026: +7.82% | +6.3%Positive MonthJun 2026: +6.33% | -3.7%Negative MonthJul 2026: -3.72% | +2.5%*Positive MonthAug 2026: +2.51% | β | β | β | β |
| 2025 | -6.6%Negative MonthJan 2025: -6.56% | -15.4%Negative MonthFeb 2025: -15.44% | -2.6%Negative MonthMar 2025: -2.65% | +33.9%Positive MonthApr 2025: +33.91% | -4.0%Negative MonthMay 2025: -4.00% | +8.2%Positive MonthJun 2025: +8.21% | +0.8%Neutral MonthJul 2025: +0.82% | +0.8%Neutral MonthAug 2025: +0.83% | +14.9%Positive MonthSep 2025: +14.87% | +0.2%Neutral MonthOct 2025: +0.18% | -0.9%Neutral MonthNov 2025: -0.90% | -7.6%Negative MonthDec 2025: -7.57% |
| 2024 | β | β | β | β | β | β | β | β | β | -16.4%Negative MonthOct 2024: -16.39% | -6.4%Negative MonthNov 2024: -6.43% | -7.2%Negative MonthDec 2024: -7.16% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 3 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ2.29 K Cr | β | βΉ343.00 Cr | β | β | 10.1% | 24.9% | 22.5% |
| Mar 2024 | βΉ1.83 K Cr | β | βΉ280.00 Cr | β | β | 12.9% | 45.9% | 24.4% |
| Mar 2023 | βΉ1.25 K Cr | β | βΉ225.00 Cr | β | β | 12.2% | 44.5% | 37.2% |
| Mar 2022 | βΉ868.00 Cr | β | βΉ164.00 Cr | β | β | 10.1% | 35.0% | 192.9% |
| Mar 2021 | βΉ643.00 Cr | β | βΉ56.00 Cr | β | β | 3.8% | 7.0% | -37.8% |
| Mar 2020 | βΉ601.00 Cr | β | βΉ90.00 Cr | β | β | 6.4% | 6.9% | 1.1% |
| Mar 2019 | βΉ562.00 Cr | β | βΉ89.00 Cr | β | β | 8.3% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 562 | 601 | 643 | 868 | 1,254 | 1,830 | 2,286 | 2,346 |
| Total Expenses | 127 | 154 | 240 | 227 | 387 | 726 | 1,015 | 1,064 |
| EBIT / Operating Profit | 435 | 447 | 403 | 641 | 867 | 1,103 | 1,272 | 1,282 |
| OPM % | 77% | 74% | 63% | 74% | 69% | 60% | 56% | 55% |
| Other Income | 16 | 0 | 3 | 6 | 4 | 15 | 10 | 11 |
| Finance Costs | 302 | 310 | 323 | 411 | 558 | 728 | 825 | 828 |
| Depreciation & Amortisation | 3 | 7 | 7 | 9 | 10 | 15 | 15 | 18 |
| Profit Before Tax | 146 | 131 | 76 | 227 | 303 | 375 | 442 | 447 |
| Tax % | 39% | 31% | 27% | 28% | 26% | 25% | 22% | - |
| Net Profit / PAT | 89 | 90 | 56 | 164 | 225 | 280 | 343 | 347 |
| EPS (βΉ) | 11.40 | 10.24 | 6.37 | 18.42 | 25.31 | 31.34 | 21.23 | 21.53 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | - |
Peer Comparison
Financials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Northern Arc Capital Ltd.this co. | βΉ4.25 K Cr | βΉ2.29 K Cr | 12.20 | 1.16 | 10.19 | 24.9% |
| HDFC Bank Ltd. | βΉ14.43 L Cr | βΉ3.01 L Cr | 20.30 | 2.78 | β | 16.3% |
| ICICI Bank Ltd. | βΉ10.28 L Cr | βΉ1.63 L Cr | 20.70 | 3.32 | β | 14.3% |
| State Bank Of India | βΉ9.49 L Cr | βΉ4.62 L Cr | 13.30 | 1.83 | β | 11.4% |
| Bajaj Finance Limited | βΉ5.91 L Cr | βΉ61.95 K Cr | 36.80 | 6.33 | β | 32.0% |
| LIFE INSURANCE CORPORATION OF INDIA | βΉ5.26 L Cr | βΉ8.87 L Cr | 10.30 | 3.73 | 9.87 | 5.2% |
| Kotak Mahindra Bank Ltd. | βΉ4.24 L Cr | βΉ52.92 K Cr | 31.70 | 3.39 | β | 15.5% |
| Industry Average | β | βΉ30.80 K Cr | 45.91 | 4.87 | 70.91 | 14.6% |
