|
13 Apr 2025 |
Ugro Capital
|
Consensus Share Price Target
|
176.04 |
289.75 |
- |
64.59 |
buy
|
|
|
|
|
28 Jan 2025
|
Ugro Capital
|
Keynote Capitals Ltd
|
176.04
|
230.00
|
193.67
(-9.10%)
|
30.65 |
Buy
|
|
|
Quarterly Update Q3FY25
|
|
28 Jan 2025
|
Ugro Capital
|
Emkay
|
176.04
|
270.00
|
193.67
(-9.10%)
|
53.37 |
Buy
|
|
|
Ugro reported a satisfactory performance in Q3FY25, in terms on AUM growth, asset quality, and credit cost. The company registered its highest-ever disbursement, of ~Rs20.5bn (grew 32% YoY/4% QoQ), resulting in AUM growing ~9% sequentially.
|
|
25 Oct 2024
|
Ugro Capital
|
Emkay
|
176.04
|
360.00
|
231.20
(-23.86%)
|
104.50 |
Buy
|
|
|
Ugro reported a satisfactory performance in Q2FY25, where it delivered a strong performance in terms of highest-ever net disbursement of Rs19.7bn (+34% YoY; +71% QoQ) and AUM reaching Rs101.6bn (+34% YoY; +10% QoQ).
|
|
24 Oct 2024
|
Ugro Capital
|
Keynote Capitals Ltd
|
176.04
|
279.00
|
240.50
(-26.80%)
|
58.49 |
Buy
|
|
|
Quarterly Update Q2FY25
|
|
27 Aug 2024
|
Ugro Capital
|
Keynote Capitals Ltd
|
176.04
|
281.00
|
242.00
(-27.26%)
|
59.62 |
Buy
|
|
|
Quarterly Update Q1FY25
|
|
06 May 2024
|
Ugro Capital
|
Keynote Capitals Ltd
|
176.04
|
319.00
|
269.60
(-34.70%)
|
81.21 |
Buy
|
|
|
Quarterly Update Q4FY24
|
|
05 May 2024
|
Ugro Capital
|
Emkay
|
176.04
|
410.00
|
282.80
(-37.75%)
|
132.90 |
Buy
|
|
|
With the recent capital raise of Rs13.3bn (Rs2.75bn of CCD and Rs10.58bn of Warrants) and acquisition of embedded lending Fintech (“MyShubhLife”), Ugro Capital is well capitalized and powered for the next leg of growth from Rs90bn to Rs200bn of AUM, with RoA improving to 4.3% from 2.3% over FY24-27E.
|
|
03 May 2024
|
Ugro Capital
|
Emkay
|
176.04
|
425.00
|
282.80
(-37.75%)
|
141.42 |
Buy
|
|
|
Ugro Capital, along with reporting its Q4 and FY24 results, made a couple of key announcements to mark its solid start to FY25. In FY24, Ugro delivered 49%YoY AUM growth to Rs90.5bn, with RoA/RoE more than doubling to 2.3%/9.9%.
|
|
25 Jan 2024
|
Ugro Capital
|
Keynote Capitals Ltd
|
176.04
|
323.00
|
275.75
(-36.16%)
|
|
Buy
|
|
|
Quarterly Update Q3FY24
|
|
27 Oct 2023
|
Ugro Capital
|
Keynote Capitals Ltd
|
176.04
|
347.00
|
304.00
(-42.09%)
|
|
Buy
|
|
|
Quarterly Update Q2FY24
|
|
03 Aug 2023
|
Ugro Capital
|
Keynote Capitals Ltd
|
176.04
|
309.00
|
270.30
(-34.87%)
|
Target met |
Buy
|
|
|
Quarterly Update Q1FY24
|
|
24 Jun 2023
|
Ugro Capital
|
Edelweiss
|
176.04
|
|
228.30
(-22.89%)
|
|
Mgmt Note
|
|
|
We met the management of Ugro Capital (UGRO) to better understand the MSME-focused lender's differentiated strategy and future business prospects.
|
|
17 May 2023
|
Ugro Capital
|
Keynote Capitals Ltd
|
176.04
|
203.00
|
188.00
(-6.36%)
|
Target met |
Neutral
|
|
|
Quarterly Update Q4FY23
|
|
17 Feb 2023
|
Ugro Capital
|
Keynote Capitals Ltd
|
176.04
|
197.00
|
154.35
(14.05%)
|
Target met |
Buy
|
|
|
Quarterly Update Q3FY23
|