Ugro Capital Board to Review FY26 Results, Consider Funding on April 20
Ugro Capital Limited announced its Board of Directors will meet on April 20, 2026. The meeting's agenda includes approving the company's full-year financial results for FY26 and considering proposals for raising capital.
Meeting Agenda
The main focus will be approving the company's audited financial results for the fiscal year ended March 31, 2026. The board will also consider proposals for raising funds through debt and equity, and approve the convening of its 33rd Annual General Meeting.
Significance for Investors
This meeting offers shareholders official figures for Ugro Capital's FY26 financial performance. Discussions on fundraising are key to outlining strategies for future growth.
Recent Performance (Q3 FY26)
In its most recent reported quarter, Q3 FY26, Ugro Capital posted a consolidated net profit after tax (PAT) of ₹46.3 crore, a 23% increase year-on-year. Total income rose 32% year-on-year to ₹506.4 crore. The company's Assets Under Management (AUM) grew to ₹15,454 crore, up 40% year-on-year.
Company Background
Ugro Capital is a DataTech Non-Banking Financial Company (NBFC) specializing in MSME lending. The company has a track record of strengthening its capital base, notably approving an equity raise of ₹1,332.66 crore in May 2024. It also expanded its operations by acquiring Profectus Capital Private Limited in June 2025 and uses co-lending models with banks to boost its lending reach.
Key Risks
Any proposed fundraising will require approvals from regulators, statutory bodies, and shareholders.
Competitive Landscape
Ugro Capital competes in the NBFC sector with established players like Bajaj Finance Ltd, Shriram Finance Ltd, and IIFL Finance Ltd.
Looking Ahead
Investors will be looking to the meeting's outcomes for approved FY26 financial results and fundraising details. The date and agenda for the 33rd Annual General Meeting will also be a point of interest.