ALFA Finder| 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
- ₹288.35
- Market cap
- ₹4,666 Cr
- Revenue (annual)
- ₹2,690 Cr
- Net profit (annual)
- ₹406.0 Cr
- P/E (TTM)
- 9.8×Sector 20.8×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 12.93%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 Business Update
Northern Arc's subsidiary reached a first close of over ₹400 Crore for its Diversified Debt Fund. The India Impact Fund matured with a 14.59% gross XIRR.
- Value
- ₹400.0 Cr
Northern Arc Capital Earnings Call Transcript: Key Takeaways
Management reports record PAT of ₹129 Cr (+41% YoY) on 34% AUM growth, but added provisions overlays and stage 3 rose. Guidance was held with no upgrades, and NIM guidance was maintained despite rising funding costs.
Northern Arc Capital Other Announcement
Northern Arc confirmed its INR 75 crore NCD proceeds were fully utilised with no deviation. This is a routine quarterly use-of-proceeds statement.
Northern Arc Capital Investor Presentation: Key Takeaways
Q2FY27: AUM INR 19,003 Cr (+34% YoY), PAT INR 129 Cr (+41% YoY), record quarterly profit; D2C mix 66%.
Northern Arc Capital Debt & Borrowing
Northern Arc reported a 1.12 times security cover for listed secured NCDs as of 30 September 2026. Periodic Regulation 54 certificate on existing debt.
Northern Arc Capital Results Update
Northern Arc reported Q2FY27 PAT up 41% YoY to INR 129 Crore, with lending AUM up 34%. Gross NPA stood at 1.25% and capital adequacy at 20.8%.