NORTHARC

What Northern Arc Capital promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 24 tracked 4 delivered 4 missed 16 open
  • Balance Sheet Growth delivered said Q1 FY25 Promised: faster than the industry Q1 FY27: Assets Under Management (AUM) grew by about 26% on a Y-o-Y basis to INR 16,855 crores, outpacing industry growth.
  • Overall Growth Rate (AUM CAGR) went quiet said Q1 FY25 Promised: similar kind of growth rate (30%+ CAGR) Q1 FY27: The original 30%+ CAGR target was not mentioned. Current YoY AUM growth is 26%, and the active guidance remains 22-25% for FY27, confirming the original promise is abandoned.
  • ROA revised down said Q1 FY26 Promised: 3.7% to 4% over next 3 years Q1 FY27: Management guided for an ROA 'closer to 3% in this year' (FY27), confirming the original 3.7-4.0% target is abandoned.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 24 tracked commitments for Northern Arc Capital — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens