Northern Arc Capital Limited (Northern Arc) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Northern Arc Capital Limited

NORTHERN ARC CAPITAL Limited Balance Sheet (In Rs. Crores)

PARTICULARS	31st March 2023	31st March 2022
ASSETS
Financial assets
Cash and cash equivalents	232.34	715.17
Bank balances other than cash and cash equivalents	190.26	87.34
Derivative financial instruments	61.05	1.5185
Trade receivables	28.61	19.18
Loans	6,888.61	5,208.76
Investments	1,762.73	1,765.75
Other financial assets	50.59	69.65
Total Financial assets	9,214.19	7,867.38
Non-financial assets
Current tax assets (net)	29.12	42.09
Deferred tax assets (net)	35.18	13.69
Property, plant and equipment	3.8146	1.9533
Right of use asset	9.667	11.22
Intangible assets under development	0.9887	0.2844
Other intangible assets	13.37	9.4297
Goodwill	24.07	1.7463
Investments in Associate	27.27	-
Other non- financial assets	13.91	26.32
Total Non-Financial assets	157.38	106.73
Total assets	9,371.57	7,974.11
LIABILITIES AND EQUITY
LIABILITIES
Financial liabilities
Derivative financial instruments	2.2759	6.4382
Trade payables
Total outstanding dues of micro enterprises and small enterprises	-	-
Total outstanding dues of creditors other than micro enterprises and small enterprises	109.61	55.82
Debt securities	1,224.32	1,343.60
Borrowings (Other than debt securities)	5,770.30	4,599.43
Subordinated liabilities	39.95	39.93
Other financial liabilities	110.19	66.94
Total Financial liabilities	7,256.65	6,112.16
Non-financial liabilities
Provisions	33.35	22.46
Deferred tax liabilities (net)	0.2002	0.7226
Other non-financial liabilities	13.64	6.6672
Total Non-financial liabilities	47.20	29.85
EQUITY
Equity share capital	89.03	88.91
Instruments entirely equity in nature	82.65	82.65
Other equity	1,783.75	1,567.52
Equity attributable to the owners of the Company	1,955.43	1,739.08
Non-controlling interest	112.30	93.03
Total equity	2,067.73	1,832.11
Total liabilities and equity	9,371.57	7,974.11

NORTHERN ARC CAPITAL Limited Profit & Loss Statement (In Rs. Crores)

PARTICULARS	31st March 2023	31st March 2022
Revenue from operations
Interest income	1,148.39	780.85
Fee and Commission income	85.62	86.05
Net gain on fair value changes	50.62	42.65
Net gain on derecognition of financial instruments	20.34	-
Total revenue from operations	1,304.97	909.54
Other income	6.2298	7.0053
Total income	1,311.20	916.54
Expenses
Finance costs	557.45	410.67
Fees and commission expense	121.42	52.73
Impairment on financial instruments	39.21	36.51
Employee benefits expenses	148.92	97.94
Depreciation and amortisation	12.04	9.5744
Other expenses	109.05	60.73
Total expenses	988.10	668.16
Share of loss from Associates	-1.8727	-
Profit before tax	321.23	248.39
Tax expense
Current tax	97.02	50.50
Deferred tax charge / (benefit)	-18.01	15.95
Total Tax expense	79.01	66.45
Profit for the year	242.22	181.94
Other comprehensive income for the year (net of income taxes)	-14.62	-33.47
Total comprehensive income for the year (net of income taxes)	227.60	148.47
Earnings per equity share of INR 10 each
Basic (in rupees)	25.85	19.52
Diluted (in rupees)	17.38	13.09

Northern Arc Capital Limited Financial Ratios

PARTICULARS	2023	2023
Debt-equity ratio	3.65	3.49
Total debts to total assets	0.76	0.76
Net profit margin (%)	17.05%	15.61%
Capital adequacy ratio (CRAR)	20.77%	22.79%
Gross Non-Performing Assets (GNPA) Ratio	0.76%	0.51%
Net Non-Performing Assets (NNPA) Ratio	0.36%	0.18%

Insight of the financial ratios of Northern Arc Capital For March 31, 2023

Debt-Equity Ratio:

Indicates the proportion of debt used to finance the company 's assets.

A decrease from 3.65 to 3.49 suggests a slight reduction in financial leverage.

Total Debts to Total Assets:

Measures the proportion of the company 's assets financed by debt.

The ratio remains constant at 0.76, indicating a stable debt-to-asset structure.

Net Profit Margin:

Represents the percentage of revenue retained as net profit.

The net profit margin has decreased slightly from 17.05% to 15.61%, which may indicate a potential decrease in profitability.

Capital Adequacy Ratio (CRAR):

Evaluates the financial stability and capital adequacy of a financial institution.

The CRAR has decreased from 20.77% to 22.79%, which might indicate a decrease in the capital adequacy of the institution.

Gross Non-Performing Assets (GNPA) Ratio:

Measures the proportion of non-performing loans to total assets.

A slight increase in GNPA from 0.76% to 0.51% may indicate a higher level of non-performing loans.

Net Non-Performing Assets (NNPA) Ratio:

Similar to GNPA but considers provisions made for bad loans.

NNPA has increased from 0.36% to 0.18%, suggesting a potential increase in the net non-performing assets.

These ratios collectively provide a snapshot of Northern Arc Capital 's financial position, highlighting areas such as leverage, profitability, capital adequacy, and asset quality. It 's essential to consider these ratios in the context of the industry and economic conditions for a more comprehensive analysis. Additionally, trends over multiple periods and benchmarking against industry standards can provide further insights.

Dividend history of Northern Arc Capital Limited (In Rs. Crores)

Particulars	2023	2022
Dividend (In ₹)	-	-
Retained Earnings (In Rs. millions)	698.10	513.41

Annual Report

Northern Arc Capital Limited Annual Report 2022-2023

Download

Northern Arc Capital Limited Annual Report 2021-22