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Northern Arc Capital Limited (NORTHARC) Fair Value & Analysis

Financial Services · IN · Market cap ₹49.7B

NA Northern Arc Capital Limited NORTHARC · NSE
Price₹310.20
Fair Value₹502.49
Upside+62.0%
Quality56/100
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Evidence: High Range ₹214.27 – ₹628.12

Fair value as of: Jul 3, 2026

From 23 valuation models · updated today

Share price +4.8% over the past month.

Price vs Fair Value (12 months)

₹313.73 ₹208.84 Fair Value ₹502.49 Jul 2025 Jul 2026

12‑month range ₹208.84 – ₹313.73 · fair‑value band ₹214.27 – ₹628.12 · the ₹310.20 price screens below the ₹502.49 fair value. As of Jul 3, 2026.

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Analysis

Northern Arc Capital Limited (NORTHARC) currently trades at ₹310.20, while our model-based Fair Value estimate is ₹502.49 — implying the stock looks roughly 62.0% undervalued today. We read business quality at 56/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Northern Arc Capital Limited generated revenue of ₹13.8B at a net margin of 29.4%. Revenue grew 28.1% year over year. It earns a return on equity of 11.0%. Net debt stands at ₹118B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹13.8B
Revenue growth (YoY) +28.1%
Net margin 29.4%
Return on equity 11.0%
Free cash flow ₹19.1B FY2026
P/E ratio 12.4
More key figures
Operating margin 42.9%
EPS (TTM) ₹24.82
EPS growth (YoY) +250%
Net debt ₹118B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

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 …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Northern Arc Capital Limited reported revenue of ₹27.0B in FY2026 versus ₹7.2B in FY2022, a compound +39.0%/yr. Reported net income was ₹4.1B in FY2026, compounding +22.2%/yr from FY2022.

Revenue +39.0%/yr
FY22 ₹7.2B
FY23 ₹10.4B
FY24 ₹16.3B
FY25 ₹20.5B
FY26 ₹27.0B
Net income +22.2%/yr
FY22 ₹1.8B
FY23 ₹2.4B
FY24 ₹3.1B
FY25 ₹3.0B
FY26 ₹4.1B

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Frequently asked questions

Is Northern Arc Capital Limited (NORTHARC) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹502.49 versus a price of ₹310.20 — about +62% (undervalued). Model-based estimate, not financial advice.
What is the fair value of NORTHARC?
Our model-based fair value for Northern Arc Capital Limited is ₹502.49 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹310.20.
What is the quality score of NORTHARC?
Northern Arc Capital Limited has a Quality Score of 56/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Northern Arc Capital Limited (NORTHARC)?
Northern Arc Capital Limited reported trailing-twelve-month revenue of about ₹13.8B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of NORTHARC?
The net profit margin of Northern Arc Capital Limited is about 29.4%, meaning it keeps roughly 29.4% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.