| Management target | Revenue 23.0% FY27 |
|---|
| Revenue growth | Total AUM grew 26% YoY; fee income up 28%. |
|---|---|
| Margins | NIM expanded to 9.3%; targeting 10% by year-end. |
| Demand visibility | Strong retail demand in MSME and consumer finance sectors. |
| Management confidence | High; emphasizing disciplined execution and diversified retail strategy. |
Growth
AUM grew 26% YoY to 16,855 crore; NIMs expanded by 44 bps to 9.3%.
Outlook
Targeting 3% ROA and 10% NIMs by end of FY27; guiding credit costs at 2.6-2.7%.
Risks
Potential stress in microfinance and unsecured business loans; impact of El Nino on rural demand.
Last quarter's promises, checked
Delivered
- Guided 2.7% to 2.8% credit cost → delivered 2.8% (= BEAT)
- Guided 15% risk-adjusted yield in consumer finance → delivered 15% (= BEAT)
- Guided 59% D2C AUM mix → delivered 59% (= BEAT)
Partly delivered
- Guided 3% ROA → delivered 2.8% (= PARTIAL)
- Guided 15% to 18% ROE in 7-8 quarters → On track (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: NORTHARC. Summary written with AI assistance from the document.
Northern Arc Capital Ltd: key numbers
- Share price
- ₹293.75
- Market cap
- ₹4,753 Cr
- Revenue (annual)
- ₹2,690 Cr
- Net profit (annual)
- ₹406.0 Cr
- P/E (TTM)
- 10.8×Sector 21.8×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 8.64%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Northern Arc Capital Ltd
All →Northern Arc Capital Employee Stock Options
Northern Arc Capital allotted 1,44,000 ESOP shares to option grantees under its 2016 plan. Paid-up equity capital increased to Rs. 161.81 Crore.
Northern Arc Capital Other Announcement
Northern Arc Capital Limited submitted its monthly Asset Liability Management (ALM) statement for July 2026 to the Reserve Bank of India, as mandated by regulatory requirements.
Northern Arc Capital Capital Structure Change
Northern Arc Capital Limited allotted equity shares under its ESOP scheme. The allotment results in a minor increase in the company's paid-up share capital.
Northern Arc Capital Employee Stock Options
Northern Arc Capital Limited allotted 12,500 equity shares to employees exercising options under the company's ESOP 2016 scheme. The paid-up capital has increased accordingly.
Northern Arc Capital Annual General Meeting
Northern Arc Capital Limited concluded its 18th Annual General Meeting. Shareholders transacted resolutions regarding auditor appointments, borrowing limit increases, and the issuance of non-convertible debentures.
Northern Arc Capital Annual General Meeting
Northern Arc Capital shareholders approved the issuance of Non-Convertible Debentures up to ₹5,000 Crore. The 18th AGM also ratified auditor appointments and increased borrowing limits.
- Value
- ₹5,000 Cr