UGRO CAPITAL LIMITED

BSE: UGROCAP511742ISIN INE583D01011

Financial Services
Non Banking Financial Company (NBFC)
BSE 1000

Share price

₹71.04+2.36 (+3.44%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded. Earlier history is omitted pending corporate-action verification.

52W high: ₹190.15
52W low: ₹67.25
Off 52W high: -62.64%
1M return: -13.06%
3M return: -25.90%
6M return: -35.74%
1Y return: -60.18%
20D avg volume: 17,696
50 DMA: ₹81.27
200 DMA: ₹100.53

Key ratios Consolidated

Market cap: ₹1,103 Cr
Current price: ₹71.04
52W high / low: ₹190.15 / ₹67.25
Face value: ₹10.00
P/E: 6.68
P/B: 0.37
EPS (TTM): ₹10.64
Book value / share: ₹190.17
ROE: —
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 2.44
Net debt: ₹5,726 Cr
Interest cover: 1.26
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: —

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q4 FY25
Income statement
	496.94	606.57	461.09	—
	37.69	25.15	45.29	—
	534.63	631.72	506.38	—
	473.09	560.48	443.39	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	47.83	90.83	77.28	—
	288.97	283.68	246.70	—
	13.35	29.02	14.39	—
	54.59	75.52	59.06	—
	61.54	71.25	62.99	—
	0.00	0.00	0.00	—
	61.54	71.25	62.99	—
	-6.33	20.14	16.72	—
	67.87	51.11	46.27	—
	4.44	3.35	3.25	—
Key metrics
	13.70%	8.40%	10.00%	—

Metric	FY26	FY25
Income statement
	1,937	—
	84.05	—
	2,021	—
	1,778	—
	0.00	—
	0.00	—
	296.33	—
	954.29	—
	70.33	—
	237.25	—
	243.50	—
	0.00	—
	243.50	—
	68.69	—
	174.81	—
	14.08	—
Key metrics
	9.00%	—
	200.88	—
	1.22	—
	2.44	—
	5,726	—
Balance sheet
	14,075	—
	1,378	—
	0.00	—
	0.00	—
	363.87	—
	7,103	—
	2,906	—
Cash flow
	213.53	—
	-1,964	—
	2,751	—
	12.65	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	417.41	487.96	408.88	455.40	414.00	403.18	371.12	330.16	291.44	322.41	267.71	244.57
	36.58	21.09	39.45	5.78	7.83	9.26	13.84	12.71	10.13	7.98	11.60	9.06
	453.99	509.05	448.34	461.18	421.83	412.44	384.96	342.86	301.58	330.39	279.31	253.63
	405.32	467.36	438.65	400.08	373.66	355.23	332.00	292.75	258.75	274.45	232.93	212.83
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	36.33	75.71	71.35	67.31	60.90	54.78	64.63	61.63	54.55	51.41	48.49	46.02
	248.18	242.07	236.55	218.55	205.37	181.21	167.31	143.10	136.15	128.14	116.70	105.40
	9.74	27.39	13.99	14.14	12.78	13.24	12.49	10.71	9.95	9.90	9.11	8.78
	48.38	57.12	56.82	55.82	46.85	51.70	46.29	32.96	24.92	43.93	28.92	28.07
	48.66	41.69	9.69	61.10	48.17	57.21	52.97	50.12	42.83	55.95	46.38	40.80
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	48.66	41.69	9.69	61.10	48.17	57.21	52.97	50.12	42.83	55.95	46.38	40.80
	-12.05	12.14	3.31	17.79	14.04	16.66	—	—	—	—	—	—
	60.72	29.55	6.38	43.31	34.13	40.55	37.51	35.52	30.36	32.69	32.53	28.89
	3.97	1.94	0.45	3.79	3.61	4.41	4.09	3.87	3.31	3.57	3.56	3.17
Key metrics
	—	—	—	—	—	—	232.77	203.93	188.93	193.99	172.19	154.98
	—	—	—	—	—	—	62.70%	61.80%	64.80%	60.20%	64.30%	63.40%
	14.50%	6.10%	1.60%	9.50%	8.20%	10.10%	10.10%	10.80%	10.40%	10.10%	12.20%	11.80%
	0.80%	21.00%	10.20%	37.90%	42.10%	25.10%	38.60%	35.00%	—	—	—	—
	77.90%	-27.10%	-83.00%	21.90%	12.40%	24.00%	15.30%	22.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,770	1,766	1,396	1,048	656.45	307.27
	102.90	74.15	45.95	33.72	27.31	6.14
	1,873	1,840	1,442	1,082	683.76	313.42
	1,711	1,680	1,239	902.92	599.93	293.24
	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00
	250.70	275.27	235.58	182.85	140.72	72.89
	945.35	902.54	627.77	442.92	293.27	137.39
	65.26	68.30	46.38	35.33	17.64	12.33
	218.14	216.60	155.88	125.52	85.11	41.21
	161.14	160.66	203.12	178.76	83.83	20.18
	0.00	0.00	0.00	0.00	0.00	0.00
	161.14	160.66	203.12	178.76	83.83	20.18
	21.19	47.29	59.19	—	—	—
	139.96	113.37	143.93	119.34	39.78	14.55
	10.15	9.13	15.68	13.39	5.69	2.06
Key metrics
	—	—	—	657.01	394.74	169.90
	—	—	—	62.70%	60.10%	55.30%
	7.91%	6.40%	10.30%	11.40%	6.10%	4.70%
	16.54%	26.50%	33.20%	59.60%	113.60%	—
	-5.25%	-21.20%	20.60%	200.00%	173.40%	—
	—	-360.56	-2,500	—	—	—
	—	-3.07	-17.19	—	—	—
	—	2.19	2.39	—	—	—
	—	5,008	4,698	—	—	—
Balance sheet
	—	12,346	9,168	—	—	—
	—	1,211	189.24	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	311.56	331.30	—	—	—
	—	6,219	4,888	—	—	—
	—	2,845	2,046	—	—	—
Cash flow
	—	-347.93	-2,474	—	—	—
	—	-1,577	-79.92	—	—	—
	—	2,947	2,655	—	—	—
	—	12.63	25.95	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +39.09%
Sales CAGR 5Y: —
Profit CAGR 3Y: +41.78%
Profit CAGR 5Y: —
Sales YoY (TTM): +16.54%
Profit YoY (TTM): -5.25%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 2.89%

Quarter	September 2026	June 2026
Promoter %	2.89%	2.89%

Holder	Type	Holding	Previous	Change
DANISH SUSTAINABLE DEVELOPMENT GOALS INVESTMENT FUND K S	Public	15.78%	15.78%	0.00%
ClearSky Investment Holdings Pte Limited	Public	9.73%	9.73%	0.00%
SAMENA GREEN LTD	Public	8.40%	8.40%	0.00%
NEWQUEST ASIA INVESTMENTS III LIMITED	Public	7.92%	9.00%	-1.08%
Samena Special Situations Mauritius III	Public	4.49%	4.49%	0.00%
ACM GLOBAL FUND VCC	Public	3.99%	5.85%	-1.86%
ACM Master Fund	Public	1.80%	—	—
RISHIKESH PARTHASARATHI	Public	1.68%	1.72%	-0.04%
SAURABH SHARMA	Public	1.59%	1.59%	0.00%
Poshika Financial Ecosystem Private Limited	Promoter Group	1.54%	1.54%	0.00%
ZODIAC BUSINESS VENTURES LLP	Public	1.52%	—	—
Poshika Advisory Services LLP	Promoter	1.31%	1.31%	0.00%
Shachindra Nath	Promoter Group	0.04%	0.04%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Bajaj Finance Limited	6,18,269	993.05	28.02	—	+18.82% TTM	+18.85% TTM	-6.05%
Shriram Finance Limited	2,13,119	905.70	16.80	—	+13.76% TTM	+28.60% TTM	+13.74%
Tata Capital Limited	1,43,392	337.80	23.16	—	—	—	+2.57%
Cholamandalam Investment and Finance Company Ltd	1,42,265	1,659.05	22.87	—	+21.13% TTM	+33.94% TTM	-5.48%
MUTHOOT FINANCE LIMITED	1,08,792	2,709.85	8.83	—	+47.27% TTM	+70.66% TTM	-15.07%
L&T Finance Limited	66,033	263.45	19.22	—	+20.11% TTM	+27.39% TTM	-5.93%
SBI CARDS AND PAYMENT SERVICES LIMITED S	52,626	553.00	20.18	—	+5.81% TTM	+35.96% TTM	-37.17%
Piramal Finance Limited	45,975	1,942.90	24.08	—	—	—	—
SUNDARAM FINANCE LTD	44,403	3,996.55	27.42	—	—	—	-16.26%
Authum Investment & Infrastructure Limited	43,913	517.10	25.16	—	-24.30% TTM	-56.50% TTM	-10.17%
HDB FINANCIAL SERVICES LIMITED S	42,098	506.65	14.22	—	—	—	-30.70%
POONAWALLA FINCORP LIMITED	41,349	469.55	38.02	—	+75.12% TTM	+399.21% TTM	-0.70%
Mahindra & Mahindra Financial Services Limited	37,542	270.05	10.42	—	+14.94% TTM	+45.99% TTM	-15.21%
Manappuram Finance Limited	29,495	314.00	20.41	—	+4.79% TTM	+85.35% TTM	+17.85%
IIFL FINANCE LIMITED	24,697	578.65	9.35	—	+35.37% TTM	+157.78% TTM	+7.38%
Capri Global Capital Limited	23,121	240.30	17.65	—	+52.88% TTM	+82.77% TTM	+21.89%
Five-Star Business Finance Ltd. S	11,724	397.15	10.50	—	+8.28% TTM	+1.05% TTM	-39.17%
SBFC Finance Limited	9,820	88.32	28.37	—	+28.23% TTM	+45.63% TTM	-24.80%
PAISALO DIGITAL LIMITED	7,279	77.43	27.42	—	+23.60% TTM	+27.97% TTM	+101.17%
Bengal & Assam Company Limited	6,477	5,680.00	8.29	—	+12.05% TTM	+3.26% TTM	-25.74%
Fedbank Financial Services Limited S	5,923	157.85	13.66	—	+21.29% TTM	+76.56% TTM	+10.46%
Mrugesh Trading Ltd. S	5,665	78.41	—	-0.30%	+21.12% TTM	+94.74% TTM	+3,464.09%
SG FINSERVE LIMITED S	4,670	708.75	24.95	—	+104.57% TTM	+86.47% TTM	+85.76%
MAS Financial Services Limited	4,607	253.90	10.89	—	+22.72% TTM	+23.77% TTM	-19.01%
Northern Arc Capital Ltd.	4,481	276.95	9.38	—	+29.02% TTM	+70.21% TTM	+0.64%
UGRO CAPITAL LIMITED S	1,103	71.04	7.88	—	+16.54% TTM	-5.25% TTM	-60.18%

Filings & corporate actions

Recent announcements

Allotment of Commercial Papers (CP)4 Nov 2026 · Company Update / Allotment of Equity Shares
UGRO Capitals social impact study: Building an inclusive credit ecosystem for Indias MSMEs4 Nov 2026 · Company Update / Press Release / Media Release
Allotment of Commercial Papers29 Oct 2026 · Company Update / Allotment of Equity Shares
Intimation about schedule of proposed earnings conference call to discuss the unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended ....29 Oct 2026 · Company Update / Analyst / Investor Meet
Newspaper advertisement of the NCLT order fixing final hearing date on the scheme of amalgamation24 Oct 2026 · Company Update / Newspaper Publication
Order of final hearing date schedule for 20th November 2026, under the scheme of amalgamation.22 Oct 2026 · Company Update / Scheme of Arrangement
Compliance Certificate for the quarter ended 30th September 202621 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Ugro Capital Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....16 Oct 2026 · Board Meeting / Board Meeting
Allotment of senior, unsecured, rated, listed, united states dollar denominated redeemable non-convertible bonds9 Oct 2026 · Company Update / Allotment of Equity Shares
Allotment of non-convertible debentures30 Sep 2026 · Company Update / Allotment of Equity Shares
Intimation of closure of trading window30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Resignation of the Company Secretary and Compliane Officer of the Company28 Sep 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
Allotment of Commercial Papers25 Sep 2026 · Company Update / Allotment of Equity Shares
Intimation of investor meet on 28 September 202623 Sep 2026 · Company Update / Analyst / Investor Meet
Voting Results as per regulation 44(3) of the SEBI (LODR) Regulations, 2015 for the NCLT Convened Meeting of Equity Shareholders held on 22nd September 202623 Sep 2026 · AGM/EGM / Court Convened Meeting
Ugro capital limited has informed the exchange regarding proceeding of court convened General Meeting held on September 22, 2026. Further, the Company has submitted the exchange a copy ....22 Sep 2026 · AGM/EGM / Court Convened Meeting
Ugro capital limited has informed the exchange regarding proceeding of court convened General Meeting held on September 22, 2026. Further, the Company has submitted the exchange a copy ....22 Sep 2026 · AGM/EGM / Court Convened Meeting
Allotment of Commercial Papers17 Sep 2026 · Company Update / Allotment of Equity Shares
Ugro Capital raises INR 380 Crore from FMO; Third investment in Three-year Deepens Development Finance Backing for India''s MSME Credit Gap16 Sep 2026 · Company Update / Press Release / Media Release
Allotment of Commercial Papers9 Sep 2026 · Company Update / Allotment of Equity Shares
Allotment of Non-Convertible Debenture28 Aug 2026 · Company Update / Allotment of Equity Shares
Intimation under Regulation 30 of SEBI LODR- Publication for convening separate meetings of equity shareholders, secured creditors and unsecured creditors of the Company in connection with ....19 Aug 2026 · Company Update / Newspaper Publication
Intimation under Regulation 30 of SEBI LODR- letter with weblink and QR code for covering separate meetings of equity shareholders, secured creditors and unsecured creditors.18 Aug 2026 · Company Update / Scheme of Arrangement
Allotment of Commercial Paper17 Aug 2026 · Company Update / Allotment of Equity Shares
Allotment of Commercial Paper17 Aug 2026 · Company Update / Allotment of Equity Shares
Intimation of Dispatch of Notices for convening shareholder and creditor meeting14 Aug 2026 · Company Update / Scheme of Arrangement
Receipt of the certified copy of NCLT Order dated 6th August 202612 Aug 2026 · Company Update / Scheme of Arrangement
Transcript of Earning Call12 Aug 2026 · Company Update / Earnings Call Transcript
Disclosure under Reg 30 of SEBI (LODR) Reg 2015, intimating NCLT Order dated 06th Aug 2026 directing the meeting of Equity Shareholders, Secured Creditors & Unsecured Creditors of the ....7 Aug 2026 · Company Update / Scheme of Arrangement
Audit Recording of earnings Call5 Aug 2026 · Company Update / Analyst / Investor Meet
Audit Recording of earnings Call5 Aug 2026 · Company Update / Analyst / Investor Meet
Audit Recording of earnings Call5 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper publication of unaudited financial results for the quarter ended 30 June 20265 Aug 2026 · Company Update / Newspaper Publication
Credit Ratings- Intimation under Regulation 30 of SEBI LODR Regulations 20155 Aug 2026 · Company Update / Credit Rating
Investor Presentation for the quarter ended 30th June 20264 Aug 2026 · Company Update / Investor Presentation
Security Cover Certificate for the quarter ended 30th June 20264 Aug 2026 · Others / Reg. 54 - Asset Cover details
Press Release4 Aug 2026 · Company Update / Press Release / Media Release
Change in RTA4 Aug 2026 · Company Update / Allotment of Warrants
Unaudited Financial Results (Consolidated and Standalone) for the quarter ended 30th June 20264 Aug 2026 · Result / Financial Results
Outcome of Board meeting4 Aug 2026 · Board Meeting / Outcome of Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Right Issue of Equity Shares	5 Jun 2025	5 Jun 2025	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
4 Aug 2026 Board Meeting - Financial Results