Company Financial Rusult In Crore

PERIOD	ASSET	REVENUE	PROFIT
31-Mar-2024	11707.66	1906.03	317.69
31-Mar-2023	9371.57	1311.20	242.21
31-Mar-2021	7974.12	916.55	181.94

About The Company

Northern Arc Capital, founded in 1989, is a non-bank financial institution that specialises in meeting the credit needs of underserved families and enterprises by providing loan financing. They are one of the most well-known diversified NBFCs in India. Microfinance, MSME financing, auto finance, consumer finance, and affordable housing finance are some of the industries in which Northern Arc works.

Northern ARC Capital - Strength and Weakness

Strength

• The NBFC has a growing and diverse pool of Originator Partners and Investment Partners from a variety of industries.
• Their Nimbus technology system, which they developed themselves, enables them to expand their commercial options while also improving productivity.
• Geographically, in terms of offers, products, and borrower groups, they are quite diverse.
• Over the decades that they have been in business, they have refined and enhanced their risk management method.

Weakness

• Any disruptions in the NBFCs funding sources will have a significant impact on the companys operations.
• Northern Arc is exposed to highly high-risk borrowers, and any large-scale defaults in this sector will have a negative impact on the companys financials and operations.
• In India, the microfinance industry is highly regulated, and any bad changes in this sector would have an impact on the business.