Finance company Ugro Capital announced Q2FY25 results AUM of Rs 10,157 crore, up 34% and PAT for H125 at Rs 66 crore up 22% (YoY). Highest ever net loans originated: Rs 1,971 crore compared to Rs 1,146 crore in Q1FY25 and Rs 1,476 crore in Q2FY24. 46 Micro branches added in Q2FY25 taking total branch count to 210. Rs 456 crore vs. Rs 209 crore in Q1; contributed to 23% of total disbursement. Rs 615 crore in Q2FY25 vs Rs 337 crore in Q1FY25 and Rs 324 crore in Q2FY24. ~Rs 1,100 crore in Q2FY25 vs ~Rs 315 crore in Q1FY25 and ~Rs 780 crore in Q2FY24. ‘IND A+/ Stable’ (long-term) and ‘IND A1+’ (Short-term) by India Ratings. Shachindra Nath, Founder and Managing Director of UGRO Capital said: “Crossing the Rs 10,000 crore AUM milestone highlights the strength of our DataTech infrastructure, vast geographical reach, and distribution network. This achievement reinforces our commitment to building a financially inclusive ecosystem for MSMEs across India. With increasing loan originations, co-lending volumes and 210 branches, we are ready to accelerate our focus on the small business segment. This is just the beginning of our journey toward becoming India’s largest small business financing institution, driven by our core belief: MSME Accha Hai.” Result PDF
Finance company Ugro Capital announced Q1FY25 results: Equity Capital raised amounting to Rs 1,265 crore via CCDs and warrants. Off-book AUM of 45%. AUM of Rs 9,218 crore (up 36% YoY and 2% QoQ) Net disbursement (adjusted for SCF) stood at Rs 1,330 crore compared to Rs 1,268 crore in Q1FY24 Total Income stood at Rs 301.6 crore for Q1’FY25 (up 38% YoY) Net Total Income stood at Rs 165.4 crore for Q1’FY25 (up 32% YoY) PBT increased to Rs 42.8 crore in Q1’FY25 (up 20% YoY) as against Rs 35.6 crore in Q1FY24 PAT increased to Rs 30.4 crore in Q1’FY25 (up 20% YoY) GNPA / NNPA as on Jun’24 stood at 2.0% /1.2% (as a % of Total AUM) 164 branches (as on Jun’24) Shachindra Nath, Founder and Managing Director of UGRO Capital said, “At UGRO Capital, we have set ambitious goals for FY25, and we are poised to innovate and expand our footprint in MSME lending. Our recent rating upgrade underscores our relentless dedication to supporting the growth aspirations of MSMEs and reflects the strength of our business fundamentals. Since inception, we have been and continue to be dedicated to facilitating their success because we truly believe that ‘MSME Accha Hai’. As the company marches forward on its path of sustainable growth, it offers a compelling opportunity for investors seeking long-term value and returns.” Result PDF