This research analyses the financial performance of five leading Non-Banking Financial Companies (NBFCs) in India LIC Housing Finance, Bajaj Finance, Shriram Finance, Cholamandalam Investment and Finance Company, and L&T Finance over a ten-year period from 2014 to 2024, focusing on their Capital Adequacy Ratio (CAR). CAR is a key indicator of an institution's ability to manage financial risks. The study employs statistical techniques like mean and standard deviation to assess CAR trends. Findings reveal significant variations: Bajaj Finance demonstrated strong growth in CAR, while LIC Housing Finance remained stable. In contrast, Cholamandalam and L&T Finance faced challenges with variable CARs, and Shriram Finance showed minor fluctuations but complied with regulatory requirements. The study emphasizes the importance of effective capital management for NBFCs and offers insights for policymakers, stakeholders, and investors regarding the sector's resilience and strategies for improvement.