💡 Q4 PAT grew 26% YoY to ₹51.1 Cr with strong revenue growth and all strategic objectives on track.

What Happened

Ugro Capital Limited announced its financial results for Q4 FY26 and full year FY26. The company reported a Profit After Tax (PAT) of ₹51.1 crore for Q4 FY26, representing a 26% year-on-year increase from ₹40.5 crore in Q4 FY25. Net Total Income expanded 51% YoY to ₹348 crore in the quarter. For the full year FY26, PAT stood at ₹174.8 crore, growing 21% year-on-year.

Key Details

Why It Matters

Ugro Capital's strong quarterly performance demonstrates accelerating growth momentum, with significant expansion in net total income driven by a strategic shift toward higher-yield on-book assets. The company confirmed that all five strategic objectives announced in February 2026 are on track, including portfolio reorientation toward high-yield verticals, execution of ₹200-220 crore in annualized cost savings, and maintaining capital adequacy without incremental equity through FY29. The Emerging Market LAP vertical showed robust growth with AUM reaching ₹3,581 crore, while the Embedded Finance platform crossed ₹2,280 crore AUM with approximately 2.5 lakh active merchant customers. This consistent execution against strategic targets suggests the company is successfully transitioning toward its FY29 goals of achieving 3.0-3.5% steady-state ROA.

Disclaimer: This is publicly available information sourced from NSE. Not investment advice.

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