Mr. 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.”
Key performance highlights for Q1’FY25
AUM of INR 9,218 Cr (up 36% YoY and 2% QoQ)
- Net disbursement (adjusted for SCF) stood at INR 1,330 Cr compared to INR 1,268 Cr in Q1’FY24
- Total Income stood at INR 301.6 Cr for Q1’FY25 (up 38% YoY)
- Net Total Income stood at INR 165.4 Cr for Q1’FY25 (up 32% YoY)
- PBT increased to INR 42.8 Cr in Q1’FY25 (up 20% YoY) as against INR 35.6 Cr in Q1’FY24
- PAT increased to INR 30.4 Cr 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)
- Ratings upgrade: Upgraded to IND A+/Stable for long-term and IND A1+ for short-term by India Ratings
and Research - Capital adequacy at 27.9% (as on Jun’24) on account of equity fund raise.
fc7ce196-b092-4c8b-aa40-f8cd77b715ce.pdf (2.8 MB)
Disc: invested
Subscribe To Our Free Newsletter |