
About Northern Arc Capital Limited
Data last updated:
Northern Arc Capital Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 09 March 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L65910TN1989PLC017021. Its GSTIN is 33AACCI0979B1ZX (Tamil Nadu). The company holds 15 GST registrations, of which 11 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544260 and NSE: NORTHARC.
The company has an authorised share capital of ₹282 Cr and a paid-up capital of ₹161.81 Cr. It was formerly known as Ifmr Capital Finance Limited and Highland Leasing & Finance Private Limited. It is led by directors including Ashish Mehrotra (Managing Director) and Ashutosh Arvind Pednekar.
Its last annual general meeting (AGM) was held on 18 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at No. 1 Kanagam Village 10th Floor Iitm Research Park Taramani, Chennai, Tamil Nadu, India – 600113.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,690.73 Cr, a growth of 14.8% compared to the previous year. For the same year it recorded a net profit of ₹406.01 Cr (net margin 15.1%) and EBITDA of ₹1,443.6 Cr (EBITDA margin 53.7%). The net worth stands at ₹3,895.56 Cr (up 13.4% YoY). Total assets are valued at ₹16,159 Cr (up 21.5% YoY).
The company has about 1,185 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
The company is associated with 2 brands: Altifi and Northern Arc Capital. As per MCA filings, the company has open charges of ₹20,424 Cr and satisfied charges of ₹14,556 Cr on record. Court records list 6,495 cases involving the company, including 6,270 filed by the company and 225 filed against it; 5,022 cases are pending. The company has 36 deals on record (16 secondary share transfers, 9 market trades, 9 funding rounds), with disclosed funding of ₹1,428.22 Cr; the latest was in August 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website northernarc.com.
Company details
Name history
Northern Arc Capital has undergone 4 name changes throughout its history. The current legal name is Northern Arc Capital Limited.
| Company Name | Status |
|---|---|
| Northern Arc Capital Limited | Current |
| Ifmr Capital Finance Limited | Previous |
| Highland Leasing & Finance Private Limited | Previous |
| Ifmr Capital Finance Private Limited | Previous |
CIN history
Northern Arc Capital has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65910TN1989PLC017021, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65910TN1989PLC017021 | Current |
| U65910TN1989PTC017021 | Previous |
| U65910TN1989PLC017021 | Previous |
Contact details
Northern Arc Capital Limited's registered office is in Chennai, Tamil Nadu. Its website is northernarc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 1 Kanagam Village 10th Floor Iitm Research Park Taramani, Chennai, Tamil Nadu, India – 600113
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Northern Arc Capital Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Northern Arc Capital operates two associated brands: Altifi and Northern Arc Capital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital hub for alternative investments in various projects. | altifi.ai | |
| Household and business loans are provided with risk management support. | northernarc.com |
Business activity
The main business activity of Northern Arc Capital is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Northern Arc Capital Limited, buy the company report.
Financials of Northern Arc Capital Limited
FY 2025-26 filings availableNorthern Arc Capital Limited reported revenue of ₹2,690.73 Cr (up 14.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,691 | 2,344 | 1,891 | 1,306 | 911 | 682 | 634 |
| Revenue growth | +14.8% | +24.0% | +44.7% | +43.5% | +33.5% | +7.5% | - |
| EBITDA | 1,444 | 1,224 | 1,152 | 888 | 663 | 427 | 461 |
| EBITDA margin | +53.7% | +52.2% | +60.9% | +67.9% | +72.8% | +62.7% | +72.6% |
| Profit before tax | 536 | 386 | 420 | 321 | 248 | 100 | 144 |
| Net profit | 406 | 305 | 308 | 230 | 172 | 67.51 | 92.83 |
| Net profit margin | +15.1% | +13.0% | +16.3% | +17.6% | +18.9% | +9.9% | +14.6% |
| EPS (₹) | 25.13 | 18.87 | 34.50 | 25.83 | 19.40 | 7.68 | 10.61 |
| Balance sheet | |||||||
| Total assets | 16,159 | 13,300 | 11,368 | 9,102 | 7,815 | 5,605 | 4,519 |
| Net worth | 3,896 | 3,434 | 2,314 | 1,955 | 1,739 | 1,582 | 1,506 |
| Total debt | 12,258 | 9,860 | 9,048 | 7,035 | 5,983 | 3,932 | 2,922 |
| Cash & bank | 497 | 647 | 408 | 423 | 803 | 466 | 410 |
| Net working capital | 541 | 480 | 281 | 337 | 803 | 439 | 394 |
| Cash flow | |||||||
| Cash from operations | (1,541) | (1,047) | (2,134) | (1,296) | (1,326) | (711) | (54.21) |
| Cash from investing | (851) | (388) | 36.05 | (115) | (386) | (201) | (26.24) |
| Cash from financing | 2,292 | 1,586 | 2,045 | 928 | 2,028 | 977 | 223 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 869 | 780 | 742 | 721 | 627 | 605 | 603 | 576 |
| Revenue growth (YoY) | +38.5% | +28.8% | +23.1% | +25.2% | +7.2% | +4.8% | - | - |
| Other income | 9.33 | 3.40 | 3.44 | 3.82 | 1.25 | 2.27 | 4.20 | 4.63 |
| EBITDA | 449 | 413 | 416 | 367 | 333 | 323 | 236 | 309 |
| EBITDA margin | +51.7% | +53.0% | +56.1% | +50.9% | +53.1% | +53.3% | +39.1% | +53.6% |
| Depreciation | 4.34 | 3.97 | 4.70 | 4.88 | 4.97 | 4.24 | 4.96 | 5.87 |
| Interest | 280 | 260 | 239 | 231 | 208 | 216 | 200 | 214 |
| Profit before tax | 173 | 153 | 176 | 135 | 121 | 104 | 35.01 | 94.04 |
| Tax | 43.88 | 38.84 | 42.92 | 32.96 | 29.99 | 26.12 | (3.37) | 20.87 |
| Net profit | 129 | 114 | 133 | 102 | 90.98 | 78.24 | 38.38 | 73.17 |
| EPS (₹) | 7.90 | 6.98 | 8.16 | 6.21 | 5.62 | 4.98 | 2.33 | 4.66 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,635 | 2,286 | 1,830 | 1,254 | 868 | 643 | 601 |
| Revenue growth | +15.2% | +25.0% | +45.9% | +44.4% | +35.0% | +7.1% | - |
| EBITDA | 1,466 | 1,272 | 1,103 | 867 | 641 | 403 | 447 |
| EBITDA margin | +55.7% | +55.6% | +60.3% | +69.2% | +73.8% | +62.7% | +74.4% |
| Profit before tax | 570 | 442 | 375 | 303 | 227 | 76.33 | 131 |
| Net profit | 429 | 343 | 280 | 225 | 164 | 56.05 | 89.62 |
| Net profit margin | +16.3% | +15.0% | +15.3% | +18.0% | +18.9% | +8.7% | +14.9% |
| EPS (₹) | 26.56 | 21.23 | 31.34 | 25.31 | 18.42 | 6.37 | 10.24 |
| Balance sheet | |||||||
| Total assets | 16,092 | 13,194 | 11,298 | 8,962 | 7,693 | 5,491 | 4,414 |
| Net worth | 3,893 | 3,409 | 2,250 | 1,927 | 1,710 | 1,559 | 1,493 |
| Total debt | 12,198 | 9,784 | 9,048 | 7,035 | 5,983 | 3,932 | 2,921 |
| Cash & bank | 486 | 636 | 383 | 387 | 792 | 456 | 402 |
| Net working capital | 566 | 493 | 251 | 296 | 798 | 431 | 392 |
| Cash flow | |||||||
| Cash from operations | (1,524) | (1,054) | (2,140) | (1,292) | (1,329) | (977) | (90.12) |
| Cash from investing | (881) | (398) | 49.42 | (174) | (377) | 356 | (1.11) |
| Cash from financing | 2,309 | 1,612 | 2,048 | 966 | 2,023 | 684 | 233 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 858 | 768 | 731 | 712 | 606 | 591 | 590 | 560 |
| Revenue growth (YoY) | +41.6% | +30.0% | +24.0% | +27.1% | +5.8% | +5.2% | - | - |
| Other income | 4.11 | 2.70 | 3.37 | 2.70 | 1.22 | 2.24 | 3.16 | 4.45 |
| Total expenses | 399 | 346 | 310 | 359 | 270 | 237 | 343 | 214 |
| EBITDA | 459 | 422 | 421 | 352 | 336 | 354 | 247 | 346 |
| EBITDA margin | +53.5% | +54.9% | +57.5% | +49.5% | +55.5% | +59.9% | +41.8% | +61.7% |
| Depreciation | 3.88 | 3.48 | 4.16 | 4.34 | 4.42 | 3.78 | 4.31 | 5.17 |
| Interest | 279 | 258 | 237 | 229 | 206 | 214 | 198 | 211 |
| Profit before tax | 181 | 163 | 183 | 122 | 127 | 138 | 48.00 | 134 |
| Tax | 46.63 | 40.98 | 44.26 | 29.62 | 32.43 | 34.53 | 1.25 | 31.69 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 869 | 780 | 742 | 721 | 627 | 605 | 603 | 576 |
| Revenue growth (YoY) | +38.5% | +28.8% | +23.1% | +25.2% | +7.2% | +4.8% | - | - |
| Other income | 9.33 | 3.40 | 3.44 | 3.82 | 1.25 | 2.27 | 4.20 | 4.63 |
| EBITDA | 449 | 413 | 416 | 367 | 333 | 323 | 236 | 309 |
| EBITDA margin | +51.7% | +53.0% | +56.1% | +50.9% | +53.1% | +53.3% | +39.1% | +53.6% |
| Depreciation | 4.34 | 3.97 | 4.70 | 4.88 | 4.97 | 4.24 | 4.96 | 5.87 |
| Interest | 280 | 260 | 239 | 231 | 208 | 216 | 200 | 214 |
| Profit before tax | 173 | 153 | 176 | 135 | 121 | 104 | 35.01 | 94.04 |
| Tax | 43.88 | 38.84 | 42.92 | 32.96 | 29.99 | 26.12 | (3.37) | 20.87 |
| Net profit | 129 | 114 | 133 | 102 | 90.98 | 78.24 | 38.38 | 73.17 |
| EPS (₹) | 7.90 | 6.98 | 8.16 | 6.21 | 5.62 | 4.98 | 2.33 | 4.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,691 | 2,344 | 1,891 | 1,306 | 911 | 682 | 634 |
| Revenue growth | +14.8% | +24.0% | +44.7% | +43.5% | +33.5% | +7.5% | - |
| Other income | 9.60 | 11.47 | 15.03 | 4.73 | 5.94 | 3.30 | 0.01 |
| Total expenses | 1,247 | 1,120 | 739 | 419 | 247 | 255 | 174 |
| Employee cost | 331 | 285 | 242 | 149 | 97.94 | 62.24 | 68.30 |
| EBITDA | 1,444 | 1,224 | 1,152 | 888 | 663 | 427 | 461 |
| EBITDA margin | +53.7% | +52.2% | +60.9% | +67.9% | +72.8% | +62.7% | +72.6% |
| Depreciation | 18.79 | 17.88 | 16.94 | 12.04 | 9.58 | 6.74 | 6.73 |
| Interest | 899 | 832 | 730 | 559 | 411 | 324 | 310 |
| Profit before tax | 536 | 386 | 420 | 321 | 248 | 100 | 144 |
| Tax | 132 | 84.76 | 103 | 79.01 | 66.45 | 23.41 | 41.56 |
| Net profit | 406 | 305 | 308 | 230 | 172 | 67.51 | 92.83 |
| Net profit margin | +15.1% | +13.0% | +16.3% | +17.6% | +18.9% | +9.9% | +14.6% |
| EPS (₹) | 25.13 | 18.87 | 34.50 | 25.83 | 19.40 | 7.68 | 10.61 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 162 | 161 | 172 | 172 | 172 | 171 | 170 |
| Reserves & surplus | 3,734 | 3,272 | 2,142 | 1,784 | 1,568 | 1,412 | 1,336 |
| Shareholders' funds (net worth) | 3,896 | 3,434 | 2,314 | 1,955 | 1,739 | 1,582 | 1,506 |
| Minority interest | 5.45 | 5.31 | 6.03 | 112 | 93.03 | 90.60 | 91.28 |
| Secured loans | 12,041 | 9,692 | 8,619 | 6,950 | 5,714 | 3,717 | 2,579 |
| Unsecured loans | 217 | 168 | 429 | 84.66 | 269 | 215 | 342 |
| Total debt | 12,258 | 9,860 | 9,048 | 7,035 | 5,983 | 3,932 | 2,922 |
| Total liabilities | 16,159 | 13,300 | 11,368 | 9,102 | 7,815 | 5,605 | 4,519 |
| Assets | |||||||
| Gross block | 154 | 150 | 112 | 89.92 | 51.35 | 40.19 | 36.41 |
| Net block | 65.43 | 76.18 | 56.66 | 50.92 | 24.35 | 22.38 | 25.09 |
| Capital work in progress | 15.99 | 5.93 | 2.31 | 0.99 | 0.28 | 0.54 | 0.95 |
| Investments | 2,943 | 2,052 | 1,785 | 1,790 | 1,766 | 1,383 | 1,171 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 20.60 | 20.69 | 25.35 | 28.61 | 19.18 | 18.35 | 8.30 |
| Cash & bank balances | 497 | 647 | 408 | 423 | 803 | 466 | 410 |
| Loans & advances | 609 | 151 | 187 | 155 | 140 | 45.36 | 53.38 |
| Total current assets | 1,126 | 819 | 620 | 606 | 961 | 530 | 472 |
| Total current liabilities | 585 | 339 | 339 | 269 | 158 | 91.23 | 78.29 |
| Net working capital | 541 | 480 | 281 | 337 | 803 | 439 | 394 |
| Total assets | 16,159 | 13,300 | 11,368 | 9,102 | 7,815 | 5,605 | 4,519 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 330 | 179 | 232 | 715 | 398 | 333 | 191 |
| Net cash from operating activities | (1,541) | (1,047) | (2,134) | (1,296) | (1,326) | (711) | (54.21) |
| Net cash from investing activities | (851) | (388) | 36.05 | (115) | (386) | (201) | (26.24) |
| Net cash from financing activities | 2,292 | 1,586 | 2,045 | 928 | 2,028 | 977 | 223 |
| Net change in cash | (99.75) | 151 | (52.94) | (483) | 317 | 64.89 | 142 |
| Closing cash | 497 | 647 | 408 | 423 | 803 | 466 | 410 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +14.8% | +24.0% | +44.7% | +43.5% | +33.5% | +7.5% | - |
| EBITDA growth | +17.9% | +6.3% | +29.8% | +33.8% | +55.2% | -7.3% | - |
| PBT growth | +38.7% | -8.1% | +30.8% | +29.3% | +148.4% | -30.8% | -16.4% |
| Net income growth | +33.3% | -1.2% | +34.2% | +33.2% | +155.5% | -27.3% | - |
| Revenue CAGR (3Y) | +27.2% | +37.1% | +40.5% | +27.2% | +14.8% | +22.6% | - |
| EBITDA CAGR (3Y) | +17.6% | +22.7% | +39.2% | +24.4% | +12.6% | +15.9% | - |
| Profitability & leverage | |||||||
| Net income margin | +15.0% | +12.9% | +16.8% | +18.5% | +20.0% | +11.2% | +16.2% |
| Return on capital employed | +9.7% | +9.9% | +11.3% | +10.5% | +10.0% | +8.5% | +10.7% |
| Return on net worth | +11.0% | +10.6% | +15.5% | +13.7% | +11.5% | +5.2% | +8.2% |
| Debt / equity | 3.02 | 3.29 | 3.77 | 3.52 | 2.99 | 2.22 | 2.19 |
| Long-term debt / equity | 2.73 | 2.94 | 3.38 | 3.20 | 2.66 | 1.94 | 1.88 |
| Interest cover | 63.09 | 68.95 | 64.31 | 63.85 | 62.91 | 77.01 | 68.18 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 17.77 | 18.01 | 18.87 | 18.56 | 20.02 | 17.89 | 26.45 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 130.80 | 102.33 | 70.65 | 54.87 | 48.84 | 51.43 | 50.55 |
| EPS (₹) | 25.13 | 18.87 | 34.50 | 25.83 | 19.40 | 7.68 | 10.61 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 241.10 | 212.78 | 249.58 | 210.35 | 186.31 | 170.57 | 162.76 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 858 | 768 | 731 | 712 | 606 | 591 | 590 | 560 |
| Revenue growth (YoY) | +41.6% | +30.0% | +24.0% | +27.1% | +5.8% | +5.2% | - | - |
| Other income | 4.11 | 2.70 | 3.37 | 2.70 | 1.22 | 2.24 | 3.16 | 4.45 |
| Total expenses | 399 | 346 | 310 | 359 | 270 | 237 | 343 | 214 |
| EBITDA | 459 | 422 | 421 | 352 | 336 | 354 | 247 | 346 |
| EBITDA margin | +53.5% | +54.9% | +57.5% | +49.5% | +55.5% | +59.9% | +41.8% | +61.7% |
| Depreciation | 3.88 | 3.48 | 4.16 | 4.34 | 4.42 | 3.78 | 4.31 | 5.17 |
| Interest | 279 | 258 | 237 | 229 | 206 | 214 | 198 | 211 |
| Profit before tax | 181 | 163 | 183 | 122 | 127 | 138 | 48.00 | 134 |
| Tax | 46.63 | 40.98 | 44.26 | 29.62 | 32.43 | 34.53 | 1.25 | 31.69 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,635 | 2,286 | 1,830 | 1,254 | 868 | 643 | 601 |
| Revenue growth | +15.2% | +25.0% | +45.9% | +44.4% | +35.0% | +7.1% | - |
| Other income | 9.07 | 10.25 | 14.78 | 3.99 | 5.94 | 2.92 | 0.00 |
| Total expenses | 1,168 | 1,015 | 726 | 387 | 227 | 240 | 154 |
| Employee cost | 239 | 204 | 180 | 110 | 87.72 | 56.80 | 60.47 |
| EBITDA | 1,466 | 1,272 | 1,103 | 867 | 641 | 403 | 447 |
| EBITDA margin | +55.7% | +55.6% | +60.3% | +69.2% | +73.8% | +62.7% | +74.4% |
| Depreciation | 16.70 | 15.31 | 14.67 | 10.26 | 9.12 | 6.74 | 6.72 |
| Interest | 889 | 825 | 728 | 558 | 411 | 323 | 310 |
| Profit before tax | 570 | 442 | 375 | 303 | 227 | 76.33 | 131 |
| Tax | 141 | 99.10 | 95.25 | 77.69 | 63.36 | 20.28 | 41.02 |
| Net profit | 429 | 343 | 280 | 225 | 164 | 56.05 | 89.62 |
| Net profit margin | +16.3% | +15.0% | +15.3% | +18.0% | +18.9% | +8.7% | +14.9% |
| EPS (₹) | 26.56 | 21.23 | 31.34 | 25.31 | 18.42 | 6.37 | 10.24 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 162 | 161 | 172 | 172 | 172 | 171 | 170 |
| Reserves & surplus | 3,732 | 3,247 | 2,077 | 1,755 | 1,538 | 1,388 | 1,323 |
| Shareholders' funds (net worth) | 3,893 | 3,409 | 2,250 | 1,927 | 1,710 | 1,559 | 1,493 |
| Secured loans | 11,981 | 9,616 | 8,619 | 6,950 | 5,714 | 3,757 | 2,579 |
| Unsecured loans | 217 | 168 | 429 | 84.65 | 269 | 175 | 342 |
| Total debt | 12,198 | 9,784 | 9,048 | 7,035 | 5,983 | 3,932 | 2,921 |
| Total liabilities | 16,092 | 13,194 | 11,298 | 8,962 | 7,693 | 5,491 | 4,414 |
| Assets | |||||||
| Gross block | 137 | 134 | 98.77 | 79.58 | 45.22 | 38.32 | 34.55 |
| Net block | 57.40 | 68.33 | 47.95 | 42.94 | 18.79 | 20.63 | 23.34 |
| Capital work in progress | 13.04 | 5.93 | 2.31 | 0.99 | 0.28 | 0.54 | 0.95 |
| Investments | 2,890 | 1,957 | 1,653 | 1,697 | 1,639 | 1,253 | 1,048 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 10.71 | 12.02 | 14.38 | 18.91 | 18.15 | 14.35 | 8.22 |
| Cash & bank balances | 486 | 636 | 383 | 387 | 792 | 456 | 402 |
| Loans & advances | 630 | 172 | 174 | 133 | 131 | 45.26 | 50.79 |
| Total current assets | 1,127 | 820 | 572 | 539 | 941 | 516 | 461 |
| Total current liabilities | 561 | 327 | 321 | 243 | 142 | 85.03 | 69.31 |
| Net working capital | 566 | 493 | 251 | 296 | 798 | 431 | 392 |
| Total assets | 16,092 | 13,194 | 11,298 | 8,962 | 7,693 | 5,491 | 4,414 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 321 | 161 | 204 | 704 | 388 | 325 | 183 |
| Net cash from operating activities | (1,524) | (1,054) | (2,140) | (1,292) | (1,329) | (977) | (90.12) |
| Net cash from investing activities | (881) | (398) | 49.42 | (174) | (377) | 356 | (1.11) |
| Net cash from financing activities | 2,309 | 1,612 | 2,048 | 966 | 2,023 | 684 | 233 |
| Net change in cash | (96.09) | 160 | (42.78) | (500) | 316 | 63.05 | 142 |
| Closing cash | 486 | 636 | 383 | 387 | 792 | 456 | 402 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +15.2% | +25.0% | +45.9% | +44.4% | +35.0% | +7.1% | - |
| EBITDA growth | +15.3% | +15.2% | +27.2% | +35.3% | +59.0% | -9.8% | - |
| PBT growth | +29.0% | +17.7% | +23.9% | +33.5% | +197.5% | -41.6% | -10.4% |
| Net income growth | +25.3% | +22.3% | +24.4% | +37.5% | +192.1% | -37.5% | - |
| Revenue CAGR (3Y) | +28.1% | +38.1% | +41.7% | +27.8% | +15.6% | - | - |
| EBITDA CAGR (3Y) | +19.1% | +25.7% | +39.9% | +24.7% | +13.8% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +16.3% | +15.0% | +15.3% | +18.0% | +18.9% | +8.7% | +14.9% |
| Return on capital employed | +10.0% | +10.3% | +10.9% | +10.3% | +9.7% | +8.1% | +10.4% |
| Return on net worth | +11.8% | +12.3% | +14.0% | +13.0% | +10.6% | +3.9% | +7.2% |
| Debt / equity | 3.01 | 3.33 | 3.85 | 3.58 | 3.03 | 2.25 | 2.21 |
| Long-term debt / equity | 2.72 | 2.97 | 3.45 | 3.25 | 2.54 | 1.96 | 1.90 |
| Interest cover | 61.31 | 65.65 | 66.88 | 65.10 | 65.00 | 81.48 | 70.32 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 19.48 | 19.69 | 20.68 | 20.16 | 20.93 | 17.73 | 28.17 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 232.63 | 173.98 | 110.80 | 67.88 | 53.79 | 57.25 | 49.66 |
| EPS (₹) | 26.56 | 21.23 | 31.34 | 25.31 | 18.42 | 6.37 | 10.24 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 240.98 | 211.23 | 242.42 | 207.17 | 183.03 | 167.90 | 161.20 |
To see the full year-wise statements and ratios of Northern Arc Capital Limited, buy the company report.
Board of directors of Northern Arc Capital Limited
Northern Arc Capital has 8 current directors and 35 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michael Jude Fernandes | Nominee Director | 28 Mar 2014 | 12 Years 7 Months | Current |
| Ashish Mehrotra | Managing Director | 14 Feb 2022 | 4 Years 8 Months | Current |
| Vijay Chakravarthi Nallan Also directs: Ananda Strategies LLP, Ananda One Strategies LLP, Belstar Microfinance Limited and 2 more | Nominee Director | 19 Jan 2018 | 8 Years 9 Months | Current |
| Ashutosh Arvind Pednekar | Director | 14 Sep 2020 | 6 Years 1 Months | Current |
| Palamadai Sundararajan Jayakumar Also directs: HT Media Limited, Adani Ports and Special Economic Zone Limited, JM Financial Limited and 5 more | Director | 15 Oct 2020 | 6 Years 0 Months | Current |
| Anuradha Rao Also directs: Sundaram Finance Limited, Sbi Cards and Payment Services Limited | Director | 31 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Northern Arc Capital Limited is audited by Walker Chandiok & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2025 | 001076N/N500013 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 0.00%, foreign institutional investors hold 8.60%, domestic institutional investors hold 5.70% and retail and other public shareholders hold 85.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 100.00% | 100.00% | 100.00% | 100.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2026 | 101409185 | Others | ₹100 Cr | Open | |
| 28 Sep 2026 | 101404926 | Others | ₹100 Cr | Open | |
| 25 Sep 2026 | 101392714 | Others | ₹200 Cr | Open | |
| 25 Sep 2026 | 101403442 | Others | ₹250 Cr | Open | |
| 24 Sep 2026 | 101404888 | Others | ₹150 Cr | Open |
To see the full charge records of Northern Arc Capital Limited, buy the company report.
Total charge records: 404 View all charges
Deals & funding
Northern Arc Capital Limited has 36 deals on record (16 secondary share transfers, 9 market trades, 9 funding rounds), with disclosed funding of ₹1,428.22 Cr; the latest was in August 2026.
Deals on record (5 of 36)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Market trade | ₹280.27 Cr | Buyer: Plutus Wealth Management LLP , Cohesion Mk Best Ideas Sub-Trust, Neo Prime Fund, an individual Seller: Eight Roads Investments Mauritius Ii Limited, Leapfrog Financial Inclusion India (Ii) Ltd, Augusta Investments Ii Pte Ltd |
| Aug 2026 | Market trade | ₹254.49 Cr | Buyer: Plutus Wealth Management LLP , Cohesion Mk Best Ideas Sub-Trust, Neo Prime Fund, an individual Seller: Leapfrog Financial Inclusion India (Ii) Ltd, Augusta Investments Ii Pte Ltd, Eight Roads Investments Mauritius Ii Limited |
| Jun 2025 | Market trade | ₹92 Cr | Buyer: Graviton Research Capital LLP , Hrti Private Limited , Qe Securities LLP Seller: Graviton Research Capital LLP , Hrti Private Limited , Qe Securities LLP |
| Jun 2025 | Market trade | ₹559.3 Cr | Buyer: Irage Broking Services LLP , Share India Securities Limited, Graviton Research Capital LLP , an individual Seller: 360 One Special Opportunities Fund - Series 4, 360 One Special Opportunities Fund - Series 5, 360 One Special Opportunities Fund - Series 7 |
| Jun 2025 | Market trade | ₹57.81 Cr | Buyer: Irage Broking Services LLP Seller: Irage Broking Services LLP |
To see the full deal history of Northern Arc Capital Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Northern Arc Capital Limited has 6,495 court cases on record: 6,270 filed by Northern Arc Capital, 225 filed against it. 5,022 cases are pending and 1,473 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6,305 | 154 | 4,987 |
| High courts | 171 | 63 | 33 |
| NCLAT | 10 | 5 | 2 |
| NCLT | 6 | 0 | 0 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 6,495)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Nellore, Andhra Pradesh | Civil suit | Filed against the company by an individual | Pending |
| District court, Ramanathapuram, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
To see the full case history of Northern Arc Capital Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Northern Arc Capital Limited was last rated by Care on 06 Oct 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Oct 2025 |
To see the full credit ratings and regulatory alerts of Northern Arc Capital Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Northern Arc Capital Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Northern Arc Capital has 5 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Pragati Finserv Private Limited | U65990TG2021PTC148992 | |
| Northern Arc Securities Private Limited | U66120TN2023PTC158583 | |
| Northern Arc Investment Managers Private Limited | U74120TN2014PTC095064 | |
| Northern Arc Investment Adviser Services Private Limited | U74900TN2012PTC087839 | |
| Northern Arc Foundation | U80904TN2019NPL127426 |
To see the full group structure of Northern Arc Capital Limited, buy the company report.
Employees & EPFO
Northern Arc Capital Limited has a workforce of 1,185 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,185 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Northern Arc Capital Limited, buy the company report.
GST
Northern Arc Capital has 15 GST registrations: 11 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCI0979B1ZX | Tamil Nadu | Active | 01 Jul 2017 |
| 33AACCI0979B2ZW | Tamil Nadu | Active | 18 Mar 2024 |
| 27AACCI0979B2ZP | Maharashtra | Active | 01 Jul 2017 |
| 29AACCI0979B2ZL | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Northern Arc Capital Limited, buy the company report.
Recent activity
Northern Arc Capital Limited has 44 board changes on record since 2008: 9 appointments and 35 cessations. The latest: Vidya Krishnan was appointed as Director on 31 Oct 2025.
754 earlier events are in the company report.
News
Frequently asked questions
Northern Arc Capital is an active public limited company based in Chennai, Tamil Nadu, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 09 March 1989 (37+ years old) and is registered under CIN L65910TN1989PLC017021. Listed on BSE: 544260 and NSE: NORTHARC.
Northern Arc Capital reported revenue of ₹2,690.73 Cr for FY 2025-26 (up 14.8% YoY) based on consolidated financials.
Northern Arc Capital has 8 current directors:
- Ashish Mehrotra - Managing Director
- Michael Jude Fernandes - Nominee Director
- Vijay Chakravarthi Nallan - Nominee Director
- Ashutosh Arvind Pednekar - Director
- Palamadai Sundararajan Jayakumar - Director
- Anuradha Rao - Director
- Vidya Krishnan - Director
- Sandeep Dhar - Director
The latest financial statements of Northern Arc Capital on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Northern Arc Capital is 33AACCI0979B1ZX, registered in Tamil Nadu. The company has 15 GST registrations in all, of which 11 are active and 4 are cancelled or inactive. Other active GSTINs include 33AACCI0979B2ZW (Tamil Nadu), 27AACCI0979B2ZP (Maharashtra), 29AACCI0979B2ZL (Karnataka).
The CIN (Corporate Identification Number) of Northern Arc Capital is L65910TN1989PLC017021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Northern Arc Capital is a listed company as per MCA records. Its shares are listed on both BSE (code: 544260) and NSE (symbol: NORTHARC).
Northern Arc Capital has 6,495 court cases on record: 6,270 filed by the company and 225 filed against it. 5,022 are pending. Most are in the district courts.
Northern Arc Capital was incorporated on 09 March 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chennai.
Northern Arc Capital has 36 deals on record (16 secondary share transfers, 9 market trades, 9 funding rounds), with disclosed funding of ₹1,428.22 Cr; the latest was in August 2026.

