Ugro Capital Limited — PPTs, 28-04-2025: Investor Presentation

**Financial Highlights:** UGRO Capital reported significant growth in its Q4 FY25 results, achieving a record AUM of INR 12,003 Cr, reflecting a 33% year-on-year increase. The company originated loans totaling INR 2,436 Cr in the quarter, up 57% from Q4 FY24. Net profit for the quarter rose 24% to INR 40.5 Cr. The Gross Non-Performing Asset (GNPA) ratio was stable at 2.3% with a provision coverage of 47%, indicating sound asset quality.

**Strategic Initiatives and Growth Drivers:** The company successfully expanded its branch network, adding 85 branches in FY25, taking the total to 235. The Embedded Finance initiative contributed significantly to growth, with AUM from this segment reaching INR 743 Cr. Plans are in place to further increase the branch count to 400 by March 2026.

**Business Developments:** UGRO announced a strategic initiative to enhance its embedded finance platform, projecting a monthly disbursement run-rate of INR 150-200 Cr. This follows an acquisition that strengthens its market positioning in the MSME lending space.

**Market Position and Competitive Advantage:** UGRO Capital's diversified product offerings and technology-driven approach position it well within a large untapped MSME market, currently facing a credit gap of INR 1,03,000 Cr. The company's focus on data-driven underwriting provides a competitive edge in addressing MSME financing needs effectively.

**Investor Implications:** With strong financial performance, a steady expansion strategy, and a prominent market position, UGRO Capital presents a positive outlook for potential investors. Observers should monitor its growth trajectory and responsiveness to market dynamics in the MSME sector for future opportunities.