Phoenix ARC
Phoenix ARC Limited is an RBI-registered Asset Reconstruction Company, sponsored by the Kotak Mahindra Group (49.90% equity), that acquires stressed and non-performing assets from Indian banks, NBFCs, and financial institutions and resolves them through restructuring, settlement, or security disposal.
- Company typePrivate
- Founded2007
- HeadquartersMumbai, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Phoenix ARC does
Phoenix ARC Limited is an RBI-registered Asset Reconstruction Company (ARC) sponsored by the Kotak Mahindra Group, which owns 49.90% of equity through Kotak Mahindra Prime and Kotak Mahindra Investments. Incorporated in 2007 and licensed under Section 3 of the SARFAESI Act, 2002 in June 2008, the company acquires stressed and non-performing assets (NPAs) from banks, notified NBFCs, and financial institutions via public auctions or bilateral agreements, structures them through SPV trusts using cash and Security Receipt combinations, and resolves them through settlement, restructuring, management takeover, secured-asset disposal, or debt-to-equity conversion. It also acts as Resolution Applicant/Financial Sponsor under the Insolvency and Bankruptcy Code, 2016 and provides Restructuring Support Finance to preserve viable stressed businesses.
As of March 2025, Phoenix reported AUM of Rs 13,336 crores and lifetime NPAs acquired of Rs 29,419 crores against outstanding dues exceeding Rs 103,225 crores. The company holds a CRISIL AA/stable rating, characterized in its disclosures as the highest credit-quality rating among Indian ARCs. Revenue is generated primarily through transaction-based acquisition economics (the spread between purchase price and recovery) and Restructuring Support Finance fees; the GTM motion is sales-led and relationship-driven with seller banks rather than end-borrower marketing. The customer base spans large corporate borrowers, SME/retail pools acquired from banks, and microfinance-originated books serviced through agents and advisors (Satya MicroCapital, Arohan, Annapurna, Spandana, Equitas, IIFL, Credgenics).
Disclosed financials for Q3 FY25-26 (quarter ended December 2025) show sales of Rs 120.87 crore (down 16.95% YoY), net profit of Rs 19.32 crore (down 71.10%), and an operating margin of 36.58% versus 73.75% a year prior. The most recent material transaction is the December 2025 auction purchase of Bandhan Bank's Rs 3,707.11 crore written-off retail portfolio for Rs 331.97 crore. Phoenix also runs the 'CIBIL Jaagran' financial-literacy initiative jointly with TransUnion CIBIL. Operations are domestic-only (single office in Mumbai, ~11–50 employees), with no proprietary technology platform disclosed.
Phoenix ARC firmographics
Firmographics- Name
- Phoenix ARC
- Legal name
- Phoenix ARC Limited
- Website
- https://phoenixarc.co.in
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Phoenix ARC Limited is an RBI-registered Asset Reconstruction Company, sponsored by the Kotak Mahindra Group (49.90% equity), that acquires stressed and non-performing assets from Indian banks, NBFCs, and financial institutions and resolves them through restructuring, settlement, or security disposal.
- Ownership category
- akta.pro rank
Where Phoenix ARC is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Phoenix ARC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Others
Revenue model
- Asset Acquisition Fees and Returns: Phoenix acquires Non-Performing Assets (NPAs) from banks and financial institutions via trusts (SPVs). Revenue is generated through acquisition fees and the difference between the purchase price of distressed assets and recovery amounts through resolution strategies including settlement, restructuring, security disposal, and debt-to-equity conversion.
- Restructuring Support Finance (RSF): Company provides Restructuring Support Finance to preserve economic value and revive operations of deserving business units, generating fee income alongside asset resolution.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Phoenix ARC product offering
Product offeringCore offering
Phoenix ARC is a SEBI-registered Asset Reconstruction Company under the SARFAESI Act 2002, sponsored by the Kotak Mahindra Group. It purchases non-performing assets (NPAs) and stressed loan portfolios from banks and financial institutions in India and works to resolve them through restructuring, recovery, and asset management.
Product overview
Phoenix ARC operates as an Asset Reconstruction Company (ARC) sponsored by the Kotak Mahindra Group, offering a unified platform for acquisition and resolution of stressed and non-performing assets (NPAs). The core service encompasses purchasing NPAs from banks and financial institutions (NPA Acquisition) and resolving them through various strategies including settlement, restructuring, and asset disposal (Stressed Asset Resolution). The company structures acquisitions using combinations of cash and Security Receipts, and provides Restructuring Support Finance to viable borrowers. Phoenix also offers Retail Loan Recovery Services and maintains a Customer Service Portal for borrower engagement. A notable initiative is CIBIL JAAGRAN, a joint program with TransUnion CIBIL for credit score awareness. The company lists Secured Assets for Sale through its marketplace, including properties acquired via SARFAESI proceedings. As of March 2025, Phoenix manages AUM of Rs. 13,336 crores with a CRISIL AA/stable rating.
Differentiator
Problem solved
Functional benefit
Products and services
- Asset Reconstruction and NPA Resolution Acquisition and resolution of non-performing assets and stressed loan portfolios for Indian banks and financial institutions, carried out under the SARFAESI Act 2002 framework. The service is targeted at lenders needing to divest and resolve NPAs.
Quantifiable outcome
- Acquired NPAs totalling Rs 29,419 crores with outstanding dues exceeding Rs 103,225 crores since inception
- +1 more outcomes
Companies that use Phoenix ARC
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles1 record
Phoenix ARC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Phoenix ARC partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- TransUnion CIBILcorePhoenix ARC and TransUnion CIBIL jointly run the 'CIBIL Jaagran' initiative to create awareness among customers about the importance of Credit Score (CIBIL Score), enabling them to leverage improved scores for better loan terms, lower interest rates, and exclusive pre-approved offers.
- Satya MicroCapital LimitedminorListed as an agent/advisor of Phoenix ARC, providing microfinance-related services and grievance handling for retail customers.
- Bandhan Bank LimitedminorListed as an agent/advisor of Phoenix ARC. Bandhan Bank sold stressed asset portfolios to Phoenix ARC in December 2025.
- Arohan Financial Services LimitedminorListed as an agent/advisor of Phoenix ARC for retail customer service and grievance management.
- Annapurna Finance Private LimitedminorListed as an agent/advisor of Phoenix ARC for customer service and grievance handling.
- Spandana Sphoorty Financial LimitedminorListed as an agent/advisor of Phoenix ARC for customer service.
- Equitas Small Finance BankminorListed as an agent/advisor of Phoenix ARC for customer service.
- IIFL Finance LimitedminorListed as an agent/advisor of Phoenix ARC for customer service.
Scale indicators8 records
Recent moves8 records
Expansion highlights5 records
Phoenix ARC competitors and assessment
Company assessmentDirect peers
- International Asset Reconstruction Company (IARC): IARC is an RBI-registered ARC engaged in acquisition and resolution of NPAs from Indian banks and financial institutions. Closely comparable to Phoenix in regulatory framework and counterparty type.
- CFM Asset Reconstruction Company Limited: CFM ARC is an RBI-registered Asset Reconstruction Company that acquires NPAs from banks and NBFCs and resolves them through settlement, restructuring, and security enforcement. Comparable to Phoenix in mandate, regulatory status, and resolution toolkit.
- Asset Reconstruction Company (India) Limited (ARCIL): ARCIL is one of India's oldest and largest RBI-registered Asset Reconstruction Companies, acquiring and resolving stressed assets from banks and FIs under the SARFAESI Act. It is the closest direct competitor to Phoenix in scale, business model, and resolution approach.
- Pristine Asset Reconstruction Company Limited: Pristine ARC is an RBI-registered Asset Reconstruction Company that acquires and resolves NPAs from Indian banks and financial institutions. Comparable to Phoenix across target asset classes and resolution mechanisms.
- Indiabulls Asset Reconstruction Company Limited: An RBI-registered ARC that acquires stressed loan portfolios from Indian banks and FIs and resolves them via restructuring and enforcement. Operates in the same regulated NPA acquisition market as Phoenix with similar counterparty base.
- Pangea Asset Reconstruction Company Limited: Pangea ARC is an RBI-registered Asset Reconstruction Company focused on acquisition and resolution of stressed assets in India, competing directly with Phoenix for NPA portfolios from public and private sector banks.
- UV Asset Reconstruction Company Limited: UV ARC is an RBI-registered Asset Reconstruction Company acquiring and resolving stressed loans in India. Operates with a similar SARFAESI-driven acquisition and resolution model as Phoenix.
Broad incumbents
- Edelweiss Asset Reconstruction Company Limited: Part of the Edelweiss Group, Edelweiss ARC offers distressed asset acquisition and resolution alongside a much broader financial services platform (credit, alternatives, wealth). Larger and more diversified than Phoenix, but overlapping in the ARC core.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Phoenix ARC social profiles
Digital presencePhoenix ARC compliance and trust
Trust signalCompliance1 record
Phoenix ARC financial estimates
Financial estimateRevenue estimate
Valuation estimate
Phoenix ARC leadership team
Management profileNumber of profiles
Phoenix ARC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Phoenix ARC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Phoenix ARC
What does Phoenix ARC do?
Phoenix ARC is a SEBI-registered Asset Reconstruction Company under the SARFAESI Act 2002, sponsored by the Kotak Mahindra Group. It purchases non-performing assets (NPAs) and stressed loan portfolios from banks and financial institutions in India and works to resolve them through restructuring, recovery, and asset management.
Is Phoenix ARC a public or private company?
Phoenix ARC is a private company. It is classified as corporate owned and is currently operating.
When was Phoenix ARC founded?
Phoenix ARC was founded in 2007. It employs 11 to 50 people.
Where is Phoenix ARC based?
Phoenix ARC is headquartered in Mumbai, India, in the Asia region.
How does Phoenix ARC make money?
Two revenue lines are on record. Asset Acquisition Fees and Returns are the primary driver. The others are restructuring Support Finance (RSF).
Who are Phoenix ARC's main competitors?
Direct peers on record are International Asset Reconstruction Company (IARC), CFM Asset Reconstruction Company Limited, Asset Reconstruction Company (India) Limited (ARCIL), Pristine Asset Reconstruction Company Limited, Indiabulls Asset Reconstruction Company Limited, Pangea Asset Reconstruction Company Limited and UV Asset Reconstruction Company Limited. Edelweiss Asset Reconstruction Company Limited is listed as a broad incumbent.
Does Phoenix ARC have an API?
No public API is recorded for Phoenix ARC.