Northern Arc Capital Limited — Investor Meet, 14-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Northern Arc Capital delivered robust Q4FY26 and full year FY26 financial results. AUM grew 22% YoY to INR 16,594 Cr, primarily fueled by the Direct-to-Customer (D2C) segment which now comprises 59% of assets. Full year PAT surged 33% to INR 406 Cr, with Q4 PAT at INR 133 Cr. Net interest margins expanded to 9.4%, while Net NPA remained low at 0.6%. Credit costs improved, benefiting from recent regulatory clarity on FLDG. Management eyes 22-25% AUM growth for FY27, targeting 3%+ ROA and 15-17% ROE in 8-10 quarters, emphasizing disciplined D2C expansion and strong risk management.