Ugro Capital Limited — Investor Meet, 19-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

UGRO Capital's Q1 FY'26 financial results show strong AUM growth, up 31% YoY to Rs 12,081 Cr, with PAT increasing 12% to Rs 34.1 Cr. Disbursements were moderated by design to maintain quality, with GNPA at 2.5%. The company is acquiring Profectus Capital for Rs 1,400 Cr, which will boost AUM to ~Rs 15,000 Cr and is expected to improve future return on assets. Capital adequacy is robust at 22.4% after recent fundraises. UGRO is strategically expanding its higher-yield emerging market branches (286 operational) and growing its embedded finance business, which crossed Rs 1,000 Cr AUM. Management aims for a 4% ROA long-term, confident in improving profitability and reducing borrowing costs.