Comparison · NSE · data 2026-11-01
Aye Finance Limited vs Northern Arc Capital Ltd.
In plain words
Size: Northern Arc Capital Ltd. is about 1.3 times the market value of Aye Finance Limited.
Valuation (P/E): Aye Finance Limited 10.6 vs Northern Arc Capital Ltd. 9.4.
Return on equity: Northern Arc Capital Ltd. 11.1% vs Aye Finance Limited 9.2%.
Profit growth over 3 years: Aye Finance Limited 53.3% a year vs Northern Arc Capital Ltd. 20.9% a year.
Debt to equity: Northern Arc Capital Ltd. 3.15 vs Aye Finance Limited 2.
Differences in the numbers, not a recommendation of either stock.
Side by side
| AYE | NORTHARC | |
|---|---|---|
| Price | ₹128.95 | ₹252.8 |
| Market cap | ₹3,195 cr | ₹4,078 cr |
| P/E | 10.6 | 9.4 |
| P/B | 1.2 | 1 |
| ROE | 9.2% | 11.1% |
| ROCE | — | — |
| Debt / equity | 2 | 3.15 |
| Operating margin | 35.5% | 35.3% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | 39.8% | 27.1% |
| Profit growth, 3 years (yearly) | 53.3% | 20.9% |
| 1-year return | 0.0% | -7.1% |
| Revenue, last 12 months | ₹1,981 cr | ₹2,869 cr |
| Net profit, last 12 months | ₹290 cr | ₹439 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹87 cr | ₹114 cr |
| Quarter profit vs a year earlier | — | +41.1% |
| Promoter holding | — | — |
| Health check | Average (6.1/10) | Average (6.3/10) |
Common questions
Which has a higher P/E, Aye Finance Limited or Northern Arc Capital Ltd.?
Aye Finance Limited trades at the higher P/E (10.6 against 9.4). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Northern Arc Capital Ltd. (11.1% against 9.2%).
Which carries more debt?
Northern Arc Capital Ltd. has the higher debt-to-equity ratio (3.15 against 2).