Ugro Capital (UGROCAP) had a P/E of 5.0× on 6 Nov 2026, and the shares are 62% below their 52-week high. Net profit grew 64% a year over 3 years; its ROE of 7.1% is the lowest among the 7 largest Credit Services peers. ROCE and debt-to-equity are not meaningful for banks and lenders; it trades at 0.38× book value. It is a small-cap company with a market cap of ₹1,094 Cr, ranked 43rd of 193 Credit Services companies by market cap; the shares fell 60% over the past year.
- ₹70.70
- ₹74.00
- ₹70.50
- ₹71.74
- 10 L
Health check
- ReturnsBehind
−59.7% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/B 0.38 vs peer median 2.62.
- GrowthStrong
Profit +63.8% a year over 3 years.
- ProfitabilityWeak
ROE 7.1% vs peer median 18.7%.
- Balance sheetn/a
Asset quality (bad loans) isn’t in our data.
- Red flags2 to check
Return on equity is low at 7.1%.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,094 Cr
- Small cap
- P/E
- 5.0
- Industry 15.5
- Price to book
- 0.38
- Peers 2.62
- Dividend yield
- 0.00%
- ROE
- 7.1%
- Peers 18.7%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹14.22
- Face value ₹10
- OPM (TTM)
- 6.2%
- Net margin 24.0%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- +98.9%
- Latest quarter vs a year ago
- Price to sales
- 1.26
Strengths and risks
Strengths
- Quarterly profit up 98.9% on a year ago.
Risks to check
- Return on equity is low at 7.1%.
- 62% below its 52-week high.
About Ugro Capital
UGRO Capital Limited, a non-banking financial company, engages in the lending business in India. The company offers business loans to healthcare, education, chemicals, food processing/FMCG, hospitality, electrical equipment and components, auto components, textile, micro enterprises, and light engineering sectors. It also provides lending services for enterprise mortgages, school funding programs, machinery and equipment financing, and supply chain…
- Headquarters
- Mumbai
- Employees
- 2,095
- Sector
- Financial Services
- ISIN
- INE583D01011
- Website
- ugrocapital.com
Price range
- Avg volume (3M)
- 2.5 L
- 1-year return
- minus 59.7%
- From 52-week high
- minus 62.3%
Peers · Credit Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BAJFINANCEBajaj Finance | 1,087.75 | plus 1.66% | 6,77,005 | 31.3 | 5.49 | 19.0% | 3.8% | 18.2% | 0.50% | plus 1.2% |
| SHRIRAMFINShriram Finance | 961.15 | minus 0.30% | 2,26,167 | 16.0 | 2.03 | 14.8% | 3.9% | 18.6% | 1.80% | plus 21.0% |
| CHOLAFINCholamandalam Investment and Finance Company | 1,785.00 | plus 1.42% | 1,53,103 | 24.5 | 4.41 | 20.6% | 2.6% | 25.2% | 0.11% | plus 0.8% |
| TATACAPTata Capital | 358.05 | plus 2.93% | 1,50,979 | 25.4 | 3.10 | 14.1% | 2.2% | – | 0.16% | plus 5.6% |
| MUTHOOTFINMuthoot Finance | 2,869.00 | plus 1.06% | 1,15,181 | 9.4 | 2.62 | 31.6% | 6.3% | 43.1% | 1.05% | minus 11.0% |
| PFCPower Finance Corporation | 328.80 | minus 0.18% | 1,08,507 | 4.1 | 0.74 | 18.7% | 2.7% | 17.7% | 4.99% | minus 16.9% |
| IRFCIndian Railway Finance Corporation | 80.43 | plus 0.37% | 1,05,110 | 14.3 | 1.73 | 12.6% | 1.4% | 4.4% | 2.74% | minus 34.4% |
| UGROCAPUgro Capital | 71.61 | minus 0.18% | 1,094 | 5.0 | 0.38 | 7.1% | – | 63.8% | 0.00% | minus 59.7% |
| Median of 7 peers | – | 1.06% | 1,50,979 | 16.0 | 2.62 | 18.7% | 2.7% | 18.4% | 1.05% | 0.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 322 | 349 | 355 | 448 | 411 | |
| 222 | 241 | 383 | 450 | 391 | |
| 99.8 | 108 | −28.4 | −2 | 19.5 | |
| 31.0% | 30.9% | −8.0% | −0.4% | 4.7% | |
| 7.8 | 5.8 | 45.3 | 25.2 | 37.7 | |
| 12.8 | 14.1 | 14.4 | 29 | 13.4 | |
| −46.7 | −38.4 | 60.4 | 77.1 | 17.7 | |
| 48.2 | 61.1 | 63 | 71.2 | 61.5 | |
| 29.1% | 29.1% | 26.5% | 28.3% | −10.3% | |
| 34.1 | 43.3 | 46.3 | 51.1 | 67.9 | |
| 3.32 | 3.51 | 2.93 | 3.34 | 4.44 |
Profit & loss
- Profit CAGR 3Y
- +63.8%
- EPS CAGR 3Y
- +33.4%
- ROE
- 7.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 488 | 707 | 964 | 1,408 | |
| – | +44.9% | +36.3% | +46.1% | |
| 245 | 308 | 427 | 738 | |
| 243 | 399 | 537 | 670 | |
| 49.7% | 56.5% | 55.7% | 47.6% | |
| 41.7 | 43.5 | 46.4 | 126 | |
| 120 | 136 | 209 | 305 | |
| 17.6 | 35.3 | 46.4 | 70.3 | |
| −63.2 | −92.5 | −124 | −178 | |
| 83.8 | 179 | 203 | 244 | |
| 52.6% | 33.2% | 29.1% | 28.2% | |
| 39.8 | 119 | 144 | 175 | |
| – | +200.0% | +20.6% | +21.5% | |
| 5.55 | 12.93 | 14.41 | 13.18 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 69.3 | 91.6 | 91.9 | 153 | |
| 915 | 1,347 | 1,954 | 2,753 | |
| 3,149 | 4,653 | 6,904 | 10,782 | |
| 173 | 188 | 218 | 387 | |
| 4,306 | 6,280 | 9,168 | 14,075 | |
| 28.2 | 39.3 | 69.6 | 91.4 | |
| 0 | – | – | – | |
| 131 | 108 | 132 | 205 | |
| 166 | 426 | 553 | 2,387 | |
| 3,980 | 5,706 | 8,413 | 11,391 | |
| 4,306 | 6,280 | 9,168 | 14,075 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −1,220 | −1,535 | −2,474 | 214 | |
| −84.5 | −230 | −79.9 | −1,964 | |
| 1,279 | 1,814 | 2,655 | 2,751 | |
| −25.6 | 48.2 | 101 | 1,000 | |
| −40.9 | −40.4 | −52.9 | −43 | |
| −1,261 | −1,575 | −2,527 | 171 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 14.0% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.