NSE: NORTHARC · BSE: 544260 · ISIN INE850M01015
Northern Arc Capital Limited stock analysis
Northern Arc Capital Limited ranks #1507 in the TickerSutra evidence-ranked universe with a score of 53/100 and 86% data confidence. The latest captured fundamentals show ROCE of 9.7%, quarterly sales growth of 28.8% and quarterly profit growth of 41.1%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- 27.2% three-year sales CAGR
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
- CFO/EBITDA is below 0.6×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹911cr | ₹252cr | ₹182cr | 28.0% |
| 2023 | ₹1,306cr | ₹329cr | ₹242cr | 25.0% |
| 2024 | ₹1,891cr | ₹422cr | ₹318cr | 22.0% |
| 2025 | ₹2,344cr | ₹392cr | ₹301cr | 17.0% |
| 2026 | ₹2,691cr | ₹545cr | ₹404cr | 20.0% |
| TTM | ₹2,870cr | ₹591cr | ₹439cr | 21.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Northern Arc Capital Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineNorthern Arc Capital Ltd - 544260 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationBSE · 18 Sept 2026Intimation of schedule of Analyst/Institutional Investor meeting to be held on September 29, 2026
RoutineSecurity Cover CertificateNSE · 10 Sept 2026Catalyst Trusteeship Limited has informed the exchange for Northern Arc Capital Limited regarding Security Cover Certificate of ISIN INE850M07509 for Q1 for the FY 2026-2027
MANAGEMENT COMMENTARY
Signals from filed documents
The MSME credit ecosystem maintained strong momentum during FY26, emerging as a key driver of industrial credit growth. Demand for formal credit continued to rise, supported by increasing enterprise formalisation, expanding business activity and financing needs for working capital, capacity expansion and technology adoption. As of December 2025, MSME credit outstanding reached INR 67.6 Lakh Crore , while formal credi
STATUTORY REPORTSCORPORATE OVERVIEW FINANCIAL STATEMENTS 37 Annual Report 2025-26 Northern Arc Capital Limited36 Enhancing efficiency across the value chain Northern Arc has steadily enhanced efficiency across the value chain through sustained improvements in the funding profile and its operating model. By progressively lowering its cost of funds, diversifying funding sources, and driving operating efficiencies, the
Altifi, our digital retail fixed- income investment platform, has grown to over 95,000 registered investors, broadening retail participation in India’s debt markets. At the same time, our Fund Management business expanded through multiple Performing Credit Funds across AIF and PMS structures, providing sophisticated investment solutions for high-net-worth and institutional investors. Further, the Company has develope
FY26 further demonstrated the resilience of our business model. Against the backdrop of improving regulatory conditions and recovering credit demand, Northern Arc delivered its highest-ever annual profit of INR 406 Crore with year-on-year growth of 33%, while continuing to strengthen portfolio quality. Our AUM grew by 22% year- on-year to INR 16,594 Crore, outpacing industry growth, led by a 39% increase in our Direc
More importantly, they enable us to contribute towards building a financial system that is broader, deeper and more inclusive. As India’s credit markets continue to mature, we remain confident that institutions combining purpose with prudence, innovation with governance and growth with resilience will create enduring value for all stakeholders. As I reflect on Northern Arc’s journey, this thought resonates deeply.
Sandeep Dhar (DIN: 00182797) was appointed as an A dditional Director (Non Executive, Independent) of the Company with effect from 07 May, 2025, for a term of five consecutive years. His appointment as Director (Non Executive, Independent) was subsequently approved by the shareholders of the Company. Trikkur Seethar aman Anantharaman (DIN: 00480136) resigned from the position of Non Executive Nominee Director of the
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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