{"id":300094,"date":"2026-10-09T18:22:51","date_gmt":"2026-10-09T12:52:51","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=300094"},"modified":"2026-10-09T18:22:51","modified_gmt":"2026-10-09T12:52:51","slug":"northern-arc-capital-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/","title":{"rendered":"Northern Arc Capital Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Northern Arc Capital share price Rs 281.45 (9 October 2026). Base target Rs 289, bull Rs 352, downside risk Rs 225. PE 10.35. 52W range Rs 206.00 to Rs 334.00.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Northern Arc Capital share price target for 2027 is Rs 289, about 2.7% above the current price of Rs 281.45. The bull case is Rs 352, and the downside risk level, which is not a target, is Rs 225. The base case assumes earnings per share grow 3.0% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 10.35. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing a Northern Arc Capital target price for 2027 should start with where the stock sits today. At Rs 281.45 on 9 October 2026, it is 15.7% below its 52-week high of Rs 334.00 and 36.6% above its 52-week low of Rs 206.00. That range spans 62% from low to high, so the entry point matters as much as the Northern Arc Capital price forecast itself.<\/p>\n<p>This article builds the Northern Arc Capital share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 289 base case and the Rs 352 bull case were reached, along with a downside risk level of Rs 225.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=northern-arc-capital-share-price-target-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Northern_Arc_Capital_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"Northern Arc Capital Stock Analysis: Company Overview and Key Stats\">Northern Arc Capital Stock Analysis: Company Overview and Key Stats<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Why_Is_Northern_Arc_Capital_Share_Price_Target_Set_at_Rs_289_for_2027\" title=\"Why Is Northern Arc Capital Share Price Target Set at Rs 289 for 2027?\">Why Is Northern Arc Capital Share Price Target Set at Rs 289 for 2027?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Earnings_Growth_Behind_the_Northern_Arc_Capital_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the Northern Arc Capital Target Price: Five Years of Results\">Earnings Growth Behind the Northern Arc Capital Target Price: Five Years of Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Margins_and_the_Latest_Quarter\" title=\"Margins and the Latest Quarter\">Margins and the Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Balance_Sheet_and_Cash_Flow\" title=\"Balance Sheet and Cash Flow\">Balance Sheet and Cash Flow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Valuation_Check_for_the_Northern_Arc_Capital_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the Northern Arc Capital Stock Target: PE, Price to Book and ROE\">Valuation Check for the Northern Arc Capital Stock Target: PE, Price to Book and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Shareholding_Pattern_and_Institutional_Holding\" title=\"Shareholding Pattern and Institutional Holding\">Shareholding Pattern and Institutional Holding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Northern_Arc_Capital_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"Northern Arc Capital Share Price Targets for the Short Term and 12 Months\">Northern Arc Capital Share Price Targets for the Short Term and 12 Months<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Short_Term_Northern_Arc_Capital_Stock_Target_Levels_Technical_Setup\" title=\"Short Term Northern Arc Capital Stock Target Levels: Technical Setup\">Short Term Northern Arc Capital Stock Target Levels: Technical Setup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#12_Month_Northern_Arc_Capital_Target_Price_for_2027\" title=\"12 Month Northern Arc Capital Target Price for 2027\">12 Month Northern Arc Capital Target Price for 2027<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_Northern_Arc_Capital_Target_Price\" title=\"How EPS Growth and PE Multiple Change the Northern Arc Capital Target Price\">How EPS Growth and PE Multiple Change the Northern Arc Capital Target Price<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_Northern_Arc_Capital_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for Northern Arc Capital Stock Target in 2027\">Bull Case and Downside Risk for Northern Arc Capital Stock Target in 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Bull_Case_Rs_352\" title=\"Bull Case Rs 352\">Bull Case Rs 352<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Downside_Risk_Level_Rs_225\" title=\"Downside Risk Level Rs 225\">Downside Risk Level Rs 225<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Key_Risks_to_the_Northern_Arc_Capital_Target_Price_for_2027\" title=\"Key Risks to the Northern Arc Capital Target Price for 2027\">Key Risks to the Northern Arc Capital Target Price for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_Northern_Arc_Capital_Price_Target\" title=\"Growth Slowdown Risk for the Northern Arc Capital Price Target\">Growth Slowdown Risk for the Northern Arc Capital Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Liquidity_and_Size_Risk\" title=\"Liquidity and Size Risk\">Liquidity and Size Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Valuation_and_Margin_Risk\" title=\"Valuation and Margin Risk\">Valuation and Margin Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Market_and_Technical_Risk\" title=\"Market and Technical Risk\">Market and Technical Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#How_to_Invest_in_Northern_Arc_Capital\" title=\"How to Invest in Northern Arc Capital\">How to Invest in Northern Arc Capital<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#FAQs_on_Northern_Arc_Capital_Share_Price_Target_2027\" title=\"FAQs on Northern Arc Capital Share Price Target 2027\">FAQs on Northern Arc Capital Share Price Target 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#What_is_the_Northern_Arc_Capital_share_price_target_for_2027\" title=\"What is the Northern Arc Capital share price target for 2027?\">What is the Northern Arc Capital share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#What_is_the_Northern_Arc_Capital_share_price_today\" title=\"What is the Northern Arc Capital share price today?\">What is the Northern Arc Capital share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Is_Northern_Arc_Capital_a_buy_or_sell_at_the_current_price\" title=\"Is Northern Arc Capital a buy or sell at the current price?\">Is Northern Arc Capital a buy or sell at the current price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_Northern_Arc_Capital_shares\" title=\"What are the bull case target and downside risk level for Northern Arc Capital shares?\">What are the bull case target and downside risk level for Northern Arc Capital shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#What_are_the_main_risks_to_the_Northern_Arc_Capital_price_target\" title=\"What are the main risks to the Northern Arc Capital price target?\">What are the main risks to the Northern Arc Capital price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#What_is_the_PE_ratio_of_Northern_Arc_Capital_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of Northern Arc Capital and how does it compare with the industry?\">What is the PE ratio of Northern Arc Capital and how does it compare with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#Who_owns_Northern_Arc_Capital_and_what_is_the_promoter_holding\" title=\"Who owns Northern Arc Capital, and what is the promoter holding?\">Who owns Northern Arc Capital, and what is the promoter holding?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/northern-arc-capital-share-price-target-2027\/#What_were_Northern_Arc_Capitals_latest_quarterly_results\" title=\"What were Northern Arc Capital&#8217;s latest quarterly results?\">What were Northern Arc Capital&#8217;s latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Northern_Arc_Capital_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>Northern Arc Capital Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Northern Arc Capital (NSE: NORTHARC) has a market capitalisation of Rs 4,549 crore. In FY26 it reported revenue of Rs 2,700 crore and net profit of Rs 403.58 crore. The table collects the figures the Northern Arc Capital share price target is built on.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>Company<\/td>\n<td><a href=\"https:\/\/univest.in\/stocks\/northarc\/northern-arc-capital-ltd-share-price-today\">Northern Arc Capital<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>NORTHARC<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 281.45<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 334.00<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 206.00<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 4,549 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>10.35<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>17.72<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>1.17<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>10.42%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>3.15<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 27.16<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.00%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 289<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 352<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 225<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Northern_Arc_Capital_Share_Price_Target_Set_at_Rs_289_for_2027\"><\/span><strong>Why Is Northern Arc Capital Share Price Target Set at Rs 289 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case Northern Arc Capital stock target of Rs 289 applies a PE multiple of 10.35 to a forward EPS estimate of Rs 27.97. That EPS assumes 3.0% yearly growth, the pace from FY24 to FY26, and puts the target 2.7% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Growth_Behind_the_Northern_Arc_Capital_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the Northern Arc Capital Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Northern Arc Capital grew revenue from Rs 916.54 crore in FY22 to Rs 2,700 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew more slowly, from Rs 181.94 crore to Rs 403.58 crore (22.0% a year), which points to margin pressure alongside the sales growth.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Financial Year<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>EPS (Rs)<\/th>\n<th>Dividend per Share (Rs)<\/th>\n<\/tr>\n<tr>\n<td>FY22<\/td>\n<td>916.54<\/td>\n<td>181.94<\/td>\n<td>13.09<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>1,311.20<\/td>\n<td>242.21<\/td>\n<td>17.38<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>1,906.03<\/td>\n<td>317.69<\/td>\n<td>23.40<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>2,355.74<\/td>\n<td>301.32<\/td>\n<td>20.03<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>2,700.33<\/td>\n<td>403.58<\/td>\n<td>24.82<\/td>\n<td>0.00<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 14.6%, slower than the four-year average of 31.0%, and net profit moved up 33.9%. EPS rose from Rs 23.40 in FY24 to Rs 24.82 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Margins_and_the_Latest_Quarter\"><\/span><strong>Margins and the Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Northern Arc Capital converted 14.9% of FY26 revenue into net profit, against 12.8% in FY25, within a five-year range of 12.8% to 19.9%. EBITDA margin was 53.7% in FY26 versus 52.3% in FY25.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 782.82 crore, up 28.8% from the same quarter a year earlier, while net profit of Rs 114.10 crore was up 45.8%. EBITDA came in at Rs 416.74 crore, up 28.2% year on year. The next quarterly result is the first test of whether the earnings assumption holds.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_and_Cash_Flow\"><\/span><strong>Balance Sheet and Cash Flow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt to equity stands at 3.15, and shareholders&#8217; equity grew from Rs 1,832 crore in FY22 to Rs 3,901 crore in FY26. Operating cash flow in FY26 was negative at Rs 1,541 crore against capital expenditure of Rs 15.09 crore, leaving negative free cash flow of Rs 1,556 crore. In FY25 free cash flow was negative at Rs 1,065 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_Northern_Arc_Capital_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the Northern Arc Capital Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 10.35 against an industry PE of 17.72, Northern Arc Capital trades at a discount to its industry. Price to book is 1.17 on a book value of Rs 240.76 per share, and return on equity is 10.42%. A PE of 10.35 equals an earnings yield of 9.7%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.00%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shareholding_Pattern_and_Institutional_Holding\"><\/span><strong>Shareholding Pattern and Institutional Holding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The latest filing shows no promoter holding in Northern Arc Capital, so ownership rests with institutions and public shareholders. Foreign institutional investors (FII) held 8.64% and domestic institutions (DII) held 5.63%, which puts total institutional holding at 14.27%. FII holding fell from 9.16% in June 2025 to 8.64% in June 2026. Public shareholders own the remaining 85.73%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Northern_Arc_Capital_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>Northern Arc Capital Share Price Targets for the Short Term and 12 Months<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short_Term_Northern_Arc_Capital_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term Northern Arc Capital Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 281.45 on 9 October 2026, Northern Arc Capital trades below its 50-day simple moving average of Rs 294.11 and above its 200-day exponential moving average of Rs 279.17. The 14-day RSI reads 26.8, which is oversold territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 294.11 (50-day simple moving average) and the nearest support is Rs 279.17 (200-day exponential moving average). A sustained move above Rs 294.11 would improve the short-term setup, while a close below Rs 279.17 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_Northern_Arc_Capital_Target_Price_for_2027\"><\/span><strong>12 Month Northern Arc Capital Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for Northern Arc Capital is Rs 289: forward EPS of Rs 27.97 at a PE of 10.35. That is 2.7% above Rs 281.45. It would still leave the stock 13.5% below its 52-week high of Rs 334.00. The upside in the base case is thin, so the thesis here leans on the bull case and on patience.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_Northern_Arc_Capital_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the Northern Arc Capital Target Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>EPS Growth<\/th>\n<th>PE 8.28<\/th>\n<th>PE 10.35<\/th>\n<th>PE 11.90<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 27.16)<\/td>\n<td>Rs 225<\/td>\n<td>Rs 281<\/td>\n<td>Rs 323<\/td>\n<\/tr>\n<tr>\n<td>3.0% (EPS Rs 27.97)<\/td>\n<td>Rs 232<\/td>\n<td>Rs 289<\/td>\n<td>Rs 333<\/td>\n<\/tr>\n<tr>\n<td>9.0% (EPS Rs 29.60)<\/td>\n<td>Rs 245<\/td>\n<td>Rs 306<\/td>\n<td>Rs 352<\/td>\n<\/tr>\n<\/table>\n<p>Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Northern Arc Capital price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_and_Downside_Risk_for_Northern_Arc_Capital_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for Northern Arc Capital Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_352\"><\/span><strong>Bull Case Rs 352<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case Northern Arc Capital price target needs EPS growth of 9.0%, which lifts forward EPS to Rs 29.60, and a PE multiple that rises 15% to 11.90. That gives Rs 352, 25.1% above the current price and above the 52-week high of Rs 334.00, so the stock would have to set a fresh 52-week high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Downside_Risk_Level_Rs_225\"><\/span><strong>Downside Risk Level Rs 225<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The downside risk level is not a target. It assumes EPS stays flat at Rs 27.16 and the PE falls 20% to 8.28. That gives Rs 225, 20.1% below the current price and above the 52-week low of Rs 206.00.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Scenario<\/th>\n<th>EPS Growth<\/th>\n<th>PE Multiple<\/th>\n<th>Price (Rs)<\/th>\n<th>Change vs CMP<\/th>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>9.0%<\/td>\n<td>11.90<\/td>\n<td>Rs 352<\/td>\n<td>+25.1%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>3.0%<\/td>\n<td>10.35<\/td>\n<td>Rs 289<\/td>\n<td>+2.7%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>8.28<\/td>\n<td>Rs 225<\/td>\n<td>-20.1%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Northern_Arc_Capital_Target_Price_for_2027\"><\/span><strong>Key Risks to the Northern Arc Capital Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Growth_Slowdown_Risk_for_the_Northern_Arc_Capital_Price_Target\"><\/span><strong>Growth Slowdown Risk for the Northern Arc Capital Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 28.8% year on year, and FY26 revenue growth was 14.6%. If growth slows from here, the EPS estimate behind the Northern Arc Capital stock target will need revising.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_and_Size_Risk\"><\/span><strong>Liquidity and Size Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Northern Arc Capital has a market capitalisation of Rs 4,549 crore. Institutional holding is 14.27%, and the latest filing shows no promoter holding. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_and_Margin_Risk\"><\/span><strong>Valuation and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net margin was 14.9% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 10.35 versus an industry PE of 17.72, a de-rating toward the downside-risk PE of 8.28 would cut the price even if earnings hold.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_and_Technical_Risk\"><\/span><strong>Market and Technical Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock trades 15.7% below its 52-week high, with an RSI of 26.8 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Northern_Arc_Capital\"><\/span><strong>How to Invest in Northern Arc Capital<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any Northern Arc Capital share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 281.45 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check Northern Arc Capital&#8217;s PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Northern Arc Capital fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three Northern Arc Capital target price scenarios with your own view. If you expect EPS growth below 3.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.<\/p>\n<p>Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.<\/p>\n<p>Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Northern Arc Capital live price and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Northern Arc Capital share price target for 2027 is Rs 289 in the base case, with Rs 352 as the bull case. The support for that view is arithmetic you can check: EPS grew 3.0% a year over FY24 to FY26, and the stock trades at a PE of 10.35. The risks are equally concrete, including a stock that sits 15.7% below its 52-week high and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Northern_Arc_Capital_Share_Price_Target_2027\"><\/span><strong>FAQs on Northern Arc Capital Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Northern_Arc_Capital_share_price_target_for_2027\"><\/span><strong>What is the Northern Arc Capital share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case Northern Arc Capital share price target for 2027 is Rs 289, with Rs 352 as the bull case. The downside risk level, which is not a target, is Rs 225. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Northern_Arc_Capital_share_price_today\"><\/span><strong>What is the Northern Arc Capital share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 October 2026, 3:30 PM IST, Northern Arc Capital trades at Rs 281.45, up 0.27% on the day. The 52-week range is Rs 206.00 to Rs 334.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Northern_Arc_Capital_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is Northern Arc Capital a buy or sell at the current price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data is mixed rather than one-sided: EPS has grown 3.0% a year over FY24 to FY26, but the stock is 15.7% below its 52-week high. Whether Northern Arc Capital fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_bull_case_target_and_downside_risk_level_for_Northern_Arc_Capital_shares\"><\/span><strong>What are the bull case target and downside risk level for Northern Arc Capital shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 352, which assumes 9.0% EPS growth and a PE of 11.90. The downside risk level is Rs 225, which assumes flat EPS and a PE of 8.28. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_Northern_Arc_Capital_price_target\"><\/span><strong>What are the main risks to the Northern Arc Capital price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are slower revenue growth, a small market capitalisation of Rs 4,549 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Northern_Arc_Capital_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of Northern Arc Capital and how does it compare with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio of Northern Arc Capital is 10.35 against an industry PE of 17.72. Price to book is 1.17 and return on equity is 10.42%. The base case in the Northern Arc Capital price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_Northern_Arc_Capital_and_what_is_the_promoter_holding\"><\/span><strong>Who owns Northern Arc Capital, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The latest filing shows no promoter holding in Northern Arc Capital. FII held 8.64%, DII held 5.63% and the public held 85.73%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Northern_Arc_Capitals_latest_quarterly_results\"><\/span><strong>What were Northern Arc Capital&#8217;s latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, Northern Arc Capital reported revenue of Rs 782.82 crore (up 28.8% year on year) and net profit of Rs 114.10 crore (up 45.8%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Northern Arc Capital share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case Northern Arc Capital share price target for 2027 is Rs 289, with Rs 352 as the bull case. The downside risk level, which is not a target, is Rs 225. 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FII held 8.64%, DII held 5.63% and the public held 85.73%.\"}},{\"@type\":\"Question\",\"name\":\"What were Northern Arc Capital's latest quarterly results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the June 2026 quarter, Northern Arc Capital reported revenue of Rs 782.82 crore (up 28.8% year on year) and net profit of Rs 114.10 crore (up 45.8%).\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Northern Arc Capital share price target 2027: base Rs 289, bull Rs 352, downside risk level Rs 225, built from reported earnings, valuation and shareholding data.<\/p>\n","protected":false},"author":38,"featured_media":300093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1019],"class_list":["post-300094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["300093"],"rank_math_title":["Northern Arc Capital Share Price Target 2027: Base and Bull Case"],"rank_math_description":["The Northern Arc Capital share price target for 2027 is Rs 289 versus Rs 281.45 today. Bull case, downside risk, earnings trend and risks explained. October 2026."],"rank_math_focus_keyword":["Northern Arc Capital share price target | Density Target: 1.2 to 1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/northern-arc-capital-share-price-target-2027-base-and-bull-targets-built-on-fy26.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/300094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=300094"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/300094\/revisions"}],"predecessor-version":[{"id":300095,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/300094\/revisions\/300095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/300093"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=300094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=300094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=300094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}