Ugro Capital Limited — PPTs, 27-04-2025: Investor Presentation

**Financial Highlights:**

UGRO Capital has demonstrated robust growth in Q4 FY25 with an AUM of INR 12,003 Cr, a notable 33% increase YoY. The quarter saw record loan origination of INR 2,436 Cr, up 57% from the previous year. Profit After Tax (PAT) surged 24% YoY to INR 40.5 Cr, reflecting effective cost management with a stable cost-to-income ratio of 51.8%.

**Strategic Initiatives and Growth Drivers:**

The company is increasing its branch network, adding 85 new branches in FY25, bringing the total to 235 branches, thereby enhancing its reach in the emerging market segment. The embedded finance initiative (MSL acquisition) achieved an AUM of INR 743 Cr, illustrating significant potential for growth in retail lending.

**Business Developments:**

The Q4 FY25 figures highlight the highest ever net loan origination and disbursements from the Emerging Market channel, contributing significantly to the total disbursement for the quarter. The focus remains on expanding these successful lending channels.

**Market Position and Competitive Advantage:**

UGRO is well-positioned in the MSME lending space with a solid market presence and diverse product offerings catering to various customer needs, backed by a data-tech driven underwriting model that enhances credit decisions.

**Investor Implications:**

The positive growth trajectory bodes well for investors, suggesting continued potential for returns driven by a strategic focus on asset expansion and enhanced efficiency in operations. Investors should watch closely for developments regarding the regulatory approval of the MSL acquisition, which could further strengthen UGRO's market position.