Lends to small and emerging businesses in India, primarily through two focus areas: small-ticket secured loans against property distributed through a 317-branch network across 13 states (EM-LAP), and embedded merchant financing via the MyShubhLife platform. As of Q4 FY26, total assets under management stood at ₹15,334 crore, with the two focus verticals together forming 38% of AUM and an older Prime Intermediated book being run down at 15-20% annually. Revenue comes mainly from interest on the loan book — Q4 FY26 interest income was ₹415 crore — plus co-lending and direct-assignment income of ₹155 crore in the same quarter. The biggest input cost is interest on borrowings, which has fallen 45 bps year-on-year; employee costs run at 15.3% of revenue and other operating expenses at 12.2%. The Profectus Capital acquisition was consolidated from 8 December 2025, and an amalgamation scheme has been filed with NCLT Mumbai. Reported asset quality: gross NPA 2.5%, net NPA 1.6%, collection efficiency 98%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Interest income on loan book, Co-lending and direct-assignment income, Embedded finance (MyShubhLife). Non-bank lender focused on emerging-market MSME credit, shifting from intermediated to direct origination
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 1,937 |
| EBITDA (ex other income) | 1,184 |
| margin % | 61.1 |
| Owners' profit | 0 |
| EPS, as reported (₹) | 14.08 |
| ROE % · ROCE % | 6.0 · — |
| Debt / equity (x) | 0.00 |
| Cash from operations | 214 |
| Capex | (13) |
| ₹ crore | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 461 | 607 | 497 |
| Profit before tax | 63 | 71 | 62 |
| Net profit | 46 | 51 | 68 |
| EPS (₹) | 3.25 | 3.35 | 4.44 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 6,43,552 | 31.7 | 5.50 | 11.6 | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 2,42,019 | 18.1 | 3.67 | 6.7 | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,57,446 | 27.2 | 5.17 | 6.9 | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,54,110 | 28.2 | 3.27 | 6.5 | 10.4 | — | — | 75.8 |
| MUTHOOT FINANCE LIMITED | 1,12,094 | 9.9 | 2.82 | 3.9 | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 62,349 | 27.4 | 3.96 | — | 13.8 | — | — | 33.1 |
| HDB FINANCIAL SERVICES L | 55,706 | 20.2 | 2.70 | — | 12.3 | — | — |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 9 Sept 2026 · UGRO Capital allots Commercial Papers worth Rs 24.30 crore | fund raising | medium | — | — |
| 28 Aug 2026 · UGRO Capital allots INR 380 Crore NCDs at 10.20 percent via private placement | fund raising | medium | — | — |
| 19 Aug 2026 · UGRO Capital publishes notice for creditor and shareholder meetings on PCPL merger | strategic transactions | high | — | — |
| 18 Aug 2026 · UGRO Capital sends meeting notices for Profectus Capital amalgamation | strategic transactions | medium | — | — |
| 17 Aug 2026 · UGRO Capital allots commercial paper worth about Rs 5 crore | fund raising | medium | — | — |
| 17 Aug 2026 · UGRO Capital allots commercial paper worth Rs 5 crore | fund raising | medium | — | — |
| 12 Aug 2026 · UGRO Capital Q1 FY27 earnings call transcript filed | investor communications | medium | — | — |
| 7 Aug 2026 · NCLT orders shareholder and creditor meetings for PCPL amalgamation scheme | strategic transactions | high | — | — |
| 5 Aug 2026 · UGRO Capital submits earnings call audio recording for Q1 FY27 | investor communications | low | — | — |
| 5 Aug 2026 · Earnings call audio recording uploaded for Q1 FY27 | investor communications | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 58.0 |
| SUNDARAM FINANCE LTD | 52,217 | 23.3 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.6 | 18.2 | 43 of 212 | 80% |
| P/B | 0.4 | 1.1 | 34 of 245 | 86% |
| ROE | 6.0 | 3.0 | 98 of 266 | 63% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | 73.2 | 48.6 | 72 of 249 | 71% |
| Market cap | 1287 | 37 | 33 of 260 | 88% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
