Northern Arc Capital Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

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.

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.

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Northern Arc Capital Stock Analysis: Company Overview and Key Stats

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.

Metric	Value
Company	Northern Arc Capital
NSE Ticker	NORTHARC
CMP (9 October 2026)	Rs 281.45
52-Week High	Rs 334.00
52-Week Low	Rs 206.00
Market Cap	Rs 4,549 crore
PE Ratio (TTM)	10.35
Industry PE	17.72
Price to Book	1.17
Return on Equity	10.42%
Debt to Equity	3.15
EPS (TTM)	Rs 27.16
Dividend Yield	0.00%
12-Month Base Target	Rs 289
Bull Case	Rs 352
Downside Risk Level (not a target)	Rs 225

Why Is Northern Arc Capital Share Price Target Set at Rs 289 for 2027?

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.

Earnings Growth Behind the Northern Arc Capital Target Price: Five Years of Results

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.

Financial Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Dividend per Share (Rs)
FY22	916.54	181.94	13.09	0.00
FY23	1,311.20	242.21	17.38	0.00
FY24	1,906.03	317.69	23.40	0.00
FY25	2,355.74	301.32	20.03	0.00
FY26	2,700.33	403.58	24.82	0.00

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.

Margins and the Latest Quarter

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.

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.

Balance Sheet and Cash Flow

Debt to equity stands at 3.15, and shareholders' 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.

Valuation Check for the Northern Arc Capital Stock Target: PE, Price to Book and ROE

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%.

Shareholding Pattern and Institutional Holding

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%.

Northern Arc Capital Share Price Targets for the Short Term and 12 Months

Short Term Northern Arc Capital Stock Target Levels: Technical Setup

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.

12 Month Northern Arc Capital Target Price for 2027

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.

How EPS Growth and PE Multiple Change the Northern Arc Capital Target Price

EPS Growth	PE 8.28	PE 10.35	PE 11.90
0.0% (EPS Rs 27.16)	Rs 225	Rs 281	Rs 323
3.0% (EPS Rs 27.97)	Rs 232	Rs 289	Rs 333
9.0% (EPS Rs 29.60)	Rs 245	Rs 306	Rs 352

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.

Bull Case and Downside Risk for Northern Arc Capital Stock Target in 2027

Bull Case Rs 352

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.

Downside Risk Level Rs 225

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.

Scenario	EPS Growth	PE Multiple	Price (Rs)	Change vs CMP
Bull Case	9.0%	11.90	Rs 352	+25.1%
Base Case	3.0%	10.35	Rs 289	+2.7%
Downside Risk	0.0%	8.28	Rs 225	-20.1%

Key Risks to the Northern Arc Capital Target Price for 2027

Growth Slowdown Risk for the Northern Arc Capital Price Target

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.

Liquidity and Size Risk

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.

Valuation and Margin Risk

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.

Market and Technical Risk

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.

How to Invest in Northern Arc Capital

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.

Next, review the fundamentals yourself. The Univest Screener lets you check Northern Arc Capital's PE, ROE, debt and shareholding in one place.

Check Northern Arc Capital fundamentals on the Univest Screener

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.

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.

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.

Download the Univest iOS App or Univest Android App to track Northern Arc Capital live price and get daily stock recommendations.

Conclusion

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.

FAQs on Northern Arc Capital Share Price Target 2027

What is the Northern Arc Capital share price target for 2027?

Ans. 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.

What is the Northern Arc Capital share price today?

Ans. 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.

Is Northern Arc Capital a buy or sell at the current price?

Ans. 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.

What are the bull case target and downside risk level for Northern Arc Capital shares?

Ans. 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.

What are the main risks to the Northern Arc Capital price target?

Ans. 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.

What is the PE ratio of Northern Arc Capital and how does it compare with the industry?

Ans. 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.

Who owns Northern Arc Capital, and what is the promoter holding?

Ans. 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%.

What were Northern Arc Capital's latest quarterly results?

Ans. 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%).