UGRO Capital Latest Updates

Strong AUM and Profit Growth In February 2026, UGRO Capital reported robust consolidated results for Q3 FY26, with Assets Under Management (AUM) jumping 40% year-on-year to ₹15,454 crore. The company’s consolidated net profit rose by 23% to ₹46.3 crore, supported by total income growth of 32%. However, the standalone figures showed a sharp contrast due to internal restructuring and subsidiary costs, with standalone PAT declining significantly to ₹6.38 crore. Strategic Merger and Acquisitions A major highlight in early 2026 was the Board's approval of the amalgamation of Profectus Capital Private Limited, a wholly-owned subsidiary, into UGRO Capital. This follows the official completion of the Profectus acquisition in December 2025. The company is now focusing on integrating these operations to streamline its MSME lending verticals and drive cost efficiencies. Expansion of Digital and Embedded Finance UGRO's embedded finance platform, MSL, has scaled rapidly, reaching an AUM of ₹1,798 crore in just over a year. The company now serves over 1.85 lakh customers through digital partnerships with major platforms like PhonePe and BharatPe. Additionally, the "Emerging Market" business, which operates through a network of 300+ branches, now contributes approximately 21% of the total AUM. Capital Raising and Liquidity The company has been active in the debt market, recently raising ₹75 crore through the allotment of unlisted Commercial Papers in January 2026. This is part of a broader strategy to maintain a diversified lender base and support its growing disbursement book, which stood at ₹2,217 crore for the December quarter. The company also recently completed a Rights Issue at ₹152 per share to bolster its equity capital.