Northern Arc Capital Limited

NBFC providing financing solutions for microfinance, housing, vehicles, agri, small businesses, and corporate clients.

1989 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Northern Arc Capital Profile

Key Indicators

  • Authorised Capital ₹ 277.00 Cr
  • Paid Up Capital ₹ 191.78 Cr
  • Company Age 35 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13,342.94 Cr
  • Satisfied Charges ₹ 7,353.23 Cr
  • Revenue Growth 43.90%
  • Profit Growth 37.64%
  • Ebitda 34.61%
  • Net Worth 12.70%
  • Total Assets 17.48%

About Northern Arc Capital

Northern Arc Capital Limited (NACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 March 1989 and has a history of 35 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Northern Arc Capital Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 277.00 Cr and a paid-up capital of Rs 191.78 Cr.

The company currently has active open charges totaling ₹13,342.94 Cr. The company has closed loans amounting to ₹7,353.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Northern Arc Capital Limited India are Atul Tibrewal as CFO and Prakash Panda as Company Secretary. Ashutosh Pednekar, Michael Fernandes, Trikkur Seetharaman, and Six other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    northernarc.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910TN1989PLC017021

  • Company No.

    017021

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 1989

  • Date of AGM

    29 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

What products or services does Northern Arc Capital Limited offer?

Northern Arc Capital Limited offers a wide range of products and services, including Corporate Finance & Leasing Advisors, Financial Service, Actuarial & Risk Management, Risk Management Services.

Who are the key members and board of directors at Northern Arc Capital?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashish Mehrotra Country flag representing In Managing Director14-Feb-2022Current
Atul Tibrewal CFO18-May-2021Current
Prakash Panda Company Secretary22-Apr-2024Current

Board Members (8)

NameDesignationAppointment DateStatus
Trikkur Seetharaman Country flag representing In Nominee Director 09-Feb-2023Current
Michael Fernandes Country flag representing In Nominee Director 28-Mar-2014Current
Ashutosh Pednekar Country flag representing In Director 14-Sep-2020Current
Arunkumar Thiagarajan Country flag representing In Director 14-Feb-2022Current
Anuradha Rao Country flag representing In Director 31-Oct-2019Current
Palamadai Jayakumar Country flag representing In Director 15-Oct-2020Current

Financial Performance of Northern Arc Capital.

Northern Arc Capital Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.9% increase. The company also saw a substantial improvement in profitability, with a 37.64% increase in profit. The company's net worth Soared by an impressive increase of 12.7%.

Northern Arc Capital revenue growth over time
Northern Arc Capital profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
43.90%
Revenue from Operations
44.44%
Total Assets
17.48%
Profit or Loss
37.64%
Net Worth
12.70%
EBITDA
34.61%

What is the Ownership and Shareholding Structure of Northern Arc Capital?

In 2023, Northern Arc Capital had a public holding of 100.00%. The company had 5 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13,342.94 Cr

Satisfied Charges

₹7,353.23 Cr

Charges Breakdown by Lending Institutions

  • Others : 8013.71 Cr
  • Sbicap Trustee Company Limited : 1599.85 Cr
  • Indian Bank : 900.00 Cr
  • Sidbi : 600.00 Cr
  • Axis Bank Limited : 400.00 Cr
  • Others : 1829.38 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2024Hdfc Bank Limited₹50.00 CrOpen
27 Mar 2024Indian Bank₹200.00 CrOpen
21 Mar 2024Canara Bank₹100.00 CrOpen
08 Mar 2024Others₹250.00 CrOpen
07 Mar 2024Yes Bank Limited₹50.00 CrOpen

How Many Employees Work at Northern Arc Capital?

Northern Arc Capital has a workforce of 766 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Northern Arc Capital Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Northern Arc Capital, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Northern Arc Capital's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Northern Arc Capital

Recent activity within the organization

  • Charges

    A charge registered on 30 Mar 2021 via Charge ID 100436523 with Others was fully satisfied on 22 Apr 2024.

  • Director Appointment

    Prakash Chandra Panda was appointed as a Company Secretary was appointed as a Company Secretary on 22 Apr 2024 & has been associated with this company since 10 months 9 days .

  • Charges

    A charge registered on 27 Mar 2020 via Charge ID 100333867 with Others was fully satisfied on 08 Apr 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100899425 was registered on 28 Mar 2024.

  • Charges

    A charge with Indian Bank amounted to Rs. 200.00 Cr with Charge ID 100888108 was registered on 27 Mar 2024.

  • Charges

    A charge with Canara Bank amounted to Rs. 100.00 Cr with Charge ID 100887726 was registered on 21 Mar 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Northern Arc Capital Limited?

    Northern Arc Capital Limited was incorporated on 09 Mar 1989.

  • What is authorized share capital and paid-up capital of Northern Arc Capital Limited?

    The authorized share capital of Northern Arc Capital Limited is ₹ 277.00 Cr and paid-up capital is ₹ 191.78 Cr.

  • Who are the current board members & directors of Northern Arc Capital Limited?

    Currently 11 directors are associated with Northern Arc Capital Limited.

    • Ashutosh Arvind Pednekar
    • Michael Jude Fernandes
    • Trikkur Anantharaman Seetharaman
    • Palamadai Sundararajan Jayakumar
    • Arunkumar Nerur Thiagarajan
    • Kshama Fernandes
    • Ashish Mehrotra
    • Anuradha Rao
    • Vijay Nallan Chakravarthi
    • Atul Tibrewal
    • Prakash Chandra Panda

  • What is the registered address of Northern Arc Capital Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Northern Arc Capital Limited is No. 1 Kanagam Village 10Th Floor Iitm Research Park Taramani, Chennai, Tamil Nadu, India, 600113.

  • What is the corporate identification number (CIN) and company number of Northern Arc Capital Limited?

    The corporate identification number (CIN) of Northern Arc Capital Limited is U65910TN1989PLC017021 and the company number is 017021 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Northern Arc Capital Limited?

    The Official website of Northern Arc Capital Limited is https://www.northernarc.com

  • What has been the recent revenue trend for Northern Arc Capital Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Northern Arc Capital Limited has risen by 43.90%.

  • How many employees does Northern Arc Capital Limited currently have?

    As Per 2023 financial reports, 766 employees are currently employed by Northern Arc Capital Limited.

  • What change has been observed in the net worth of Northern Arc Capital Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Northern Arc Capital Limited has experienced an upsurge of 12.70%.

  • What are the total open charges for Northern Arc Capital Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Northern Arc Capital Limited amount to ₹ 13,342.94 Cr.

  • When was the last Balance Sheet of Northern Arc Capital Limited filed with the ROC?

    The most recent Balance Sheet for Northern Arc Capital Limited was filed with the ROC on 31 Mar 2023.

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