Northern Arc Capital Limited
- Minimum Investment₹14,193
- Price Range₹249 - ₹263
- Issue Size₹777.00 Cr
- Lot Size57 shares
Proceeds of this IPO to be used for
To utilize the net proceeds to meet future capital requirements towards onward lending
To receive the benefits of listing the equity shares on the stock exchanges, enhancement of the company’s brand name, and creation of a public market for its equity shares in India
Strengths & Weaknesses of Northern Arc Capital Limited
Large ecosystem of partners
The company has served India's retail credit market for over 14 years, facilitating Rs 1.5 trillion in financing and impacting 80.6 million lives. It has built a network of 306 Originator Partners, 48 Retail Lending Partners, and 1,007 Investor Partners.
Proprietary technology product
The company is a technology-driven financial services platform with in-house technology solutions, supporting a scalable business model that enables growth and revenue expansion.
Diversified sources of funding
The company maintains a well-diversified funding profile, supported by strong relationships with lenders and investors, proactive liquidity management, and a solid credit rating. Its broad base of lenders, including banks, offshore institutions, and NBFCs, ensures reliable funding.
High credit risk borrowers
The company's operations involve direct and indirect exposure to high credit-risk borrowers in under-served households and businesses in India. Large-scale defaults in this segment could negatively impact its business, operations, cash flow, and financial condition.
Interest rate risk
The company's financial performance is sensitive to interest rate risk, and failure to manage this risk could negatively impact its net interest income, operations, and cash flow.
Dependent on third parties
The company relies on third parties for support functions, and any service disruptions or deficiencies could negatively impact its business, reputation, operations, cash flow, and financial condition.
Financials
Earnings Per Share
No Data
Income Statement
Particulars (In Cr) | Mar 2024 | Y/Y Change |
---|---|---|
Operating Revenue | 1,890.08 | +44.84% |
Other Income | 15.95 | +156.04% |
Total Income | 1,906.03 | +45.37% |
Total Expenditure | 1,484.83 | +50.27% |
EBIDT | 1,164.54 | +30.47% |
Depreciation | 16.94 | +40.68% |
Interest | 726.39 | +30.31% |
Tax | 102.54 | +29.78% |
Net Profit | 308.33 | +34.18% |
Balance Sheet
Particulars (In Cr) | Mar 2024 | Y/Y Change |
---|---|---|
Total Current Assets | 11,562.12 | +25.48% |
Total Non-Current Assets | 145.54 | -7.53% |
Fixed assets | 35.49 | +27.48% |
Total assets | 11,707.66 | +24.93% |
Total Current Liabilities | 9,334.28 | +28.63% |
Total Non-Current Liabilities | 52.96 | +12.22% |
Total Capital Plus Liabilities | 11,707.66 | +24.93% |
Total Shareholder Funds | 2,231.74 | +19.17% |
Total Debt to Equity | 4.05 | +7.93% |
Cash Flow
Particulars (In Cr) | Mar 2024 | Y/Y Change |
---|---|---|
Cash from Operating Activity | -2,134.45 | +64.74% |
Cash from Financing Activities | 2,045.46 | +120.43% |
Cash from Investing Activities | 36.05 | -130.17% |
Net Cash Flow | -52.94 | -89.13% |