Ugro Capital Limited — Investor Meet, 05-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

UGRO Capital reported strong FY25 growth with disbursements up 30% YoY to ₹7,651 Cr and Q4 originations hitting a record ₹2,436 Cr (+57% YoY). Emerging Markets branches expanded to 235, driving a 230% jump in Q4 disbursements to ₹669 Cr. AUM grew 33% to ₹12,003 Cr, GNPA steady at 2.3%, and collections at 95%. Net income rose 27% to ₹814 Cr; PAT was up 21% at ₹144 Cr. Management aims to boost Emerging Markets’ AUM share to 32-35% within 6-8 quarters, targeting ~4% ROA by improving yields and cost efficiency while maintaining credit costs near 2%. Growth is supported by tech-driven underwriting, strong customer reach, and secured collateral, with confident credit demand outlook despite competition.