Is Ugro Capital Ltd (UGROCAP) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Ugro Capital Ltd is a average quality company .

Is Ugro Capital Ltd (UGROCAP) undervalued or overvalued?

The key valuation ratios of Ugro Capital Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is Ugro Capital Ltd (UGROCAP) share price return in the past 10 years?

Ugro Capital Ltd share price has appreciated 19.4% annually (CAGR) over the past ten years.

Is Ugro Capital Ltd (UGROCAP) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Ugro Capital Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Ugro Capital Ltd (UGROCAP)?

Company share prices are keep on changing according to the market conditions. The current trading price of Ugro Capital Ltd (UGROCAP) on 11-May-2026 12:44:00 at 12:44 is 103.75.

What is the market cap of Ugro Capital Ltd (UGROCAP)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 11-May-2026 at 12:44, the market cap of Ugro Capital stood at Rs. 1652.27 Cr.

What is the P/E ratio of Ugro Capital?

The latest standalone P/E ratio of Ugro Capital as of 11-May-2026 is 14.57.

What is the P/B ratio of Ugro Capital Ltd (UGROCAP)?

The latest standalone P/B ratio of Ugro Capital Ltd (UGROCAP) as of 11-May-2026 is 0.58.

What is the 52-week high and low of Ugro Capital Ltd (UGROCAP)?

The 52-week high of Ugro Capital Ltd (UGROCAP) is Rs. 192.65 and the 52-week low is Rs. 80.00.

What is the TTM revenue of Ugro Capital Ltd (UGROCAP)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ugro Capital is Rs. 1766.24 (Cr.).

Ugro Capital Ltd (UGROCAP) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Ugro Capital Ltd (UGROCAP)
Brand: Ugro Capital

10 Year X-Ray :

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
Operating Income (₹ Cr.)	0.1	3.5	38.9	96.7	150	306	656	1,048	1,396	1,766	1,766
YoY Gr. Rt. %	-	2466.4%	1007.4%	148.3%	54.9%	104.5%	114.3%	59.6%	33.2%	26.5%	-
Adj EPS (₹ )	4.1	6.2	1.7	2.7	4	2	5.6	12.8	15.3	7.4	7.3
YoY Gr. Rt. %	-	51.1%	-73.3%	63.3%	47.2%	-49.4%	178.2%	127.2%	20.1%	-51.6%	-
BVPS (₹ )	71	77.2	329.1	127.1	131.1	133.6	138.4	153.1	190.3	185.3	182.5
YoY Gr. Rt. %	-	8.7%	326.1%	-61.4%	3.2%	1.9%	3.6%	10.6%	24.2%	-2.6%	-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)	5.9	8.4	0.9	1.9	2	0.6	1.1	2.3	1.9	1.1	0

CAGR ⓘ

CAGR Colour Code Guide ⓘ


	9 Years	5 Years	3 Years	1 Years
Net Interest Income	186.2%	63.8%	39.1%	26.5%
Adj EPS	6.8%	13.2%	9.7%	-51.6%
BVPS	11.2%	7.2%	10.2%	-2.6%
Share Price	19.4%	0.7%	-20.8%	-37.6%

Key Financial Ratios


RATIOS \ YEARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
Asset Quality Ratio	To view Asset Quality Ratio Colour Rating Guide click here ⓘ
Net NPA to Net Advances (%)	0	0	0	0	0	0	0	0	0	0	-
Capitalization Ratio	To view Capitalization Ratio Colour Rating Guide click here ⓘ
Capital Adequacy Ratio (%)	0	0	0	0	0	0	0	0	0	0	-
Margins
Net Profit Margin (%)	1438.7	84.8	10.1	20.2	19.2	4.8	6.1	11.4	10.3	6.4	6.4
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	6	8.4	1	2.3	3.1	1.5	4.1	9.9	9	4.9	4

Recent Performance Summary

Total Income has increased 39.09 CAGR in last 3 years

Net Profit has increased 9.70 CAGR in last 3 years

Return on Equity has declined versus last 3 years average to 4.00%

Total income growth is poor in last 4 quarters

	Standalone	Consolidated
TTM EPS (₹)	7.3	11.3
TTM Sales (₹ Cr.)	1,766	1,937
BVPS (₹) ⓘ	182.5	186.4
Reserves (₹ Cr.) ⓘ	2,679	2,740
P/BV ⓘ	0.58	0.57
PE ⓘ	14.57	9.45

From the Market
52 Week Low / High (₹)	80.00 / 192.65
All Time Low / High (₹)	0.10 / 352.67
Market Cap (₹ Cr.)	1,652
Equity (₹ Cr.)	155.3
Face Value (₹)	10
Industry PE ⓘ	28.3

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Income +	2	4	44	105	153	312	684	1,082	1,442	1,840
Interest Income	0	4	39	97	150	306	656	1,048	1,396	1,766
Other Income ⓘ	0	0	1	12	22	34	77	141	214	275
Exceptional Items ⓘ	2	0	5	8	4	6	27	34	46	74
Expenditure ⓘ +	0	0	39	102	141	292	600	903	1,239	1,680
Interest Expense ⓘ	0	0	1	14	45	137	293	443	628	903
Operating Expenses ⓘ	0	0	37	76	75	121	230	319	397	503
Provisions	0	0	1	12	22	34	77	141	214	275
Exceptional Items ⓘ	0	0	-4	0	0	0	0	0	0	0
Profit Before Tax ⓘ	2	3	2	3	12	20	84	179	203	161
Taxes ⓘ	0	0	-2	-16	-17	6	44	59	59	47
Profit After Tax	2	3	4	20	29	15	40	119	144	113
Adjusted EPS (₹)	4.1	6.2	1.7	2.7	4.0	2.0	5.6	12.8	15.3	7.4
Dividend Payout Ratio (%)	0%	0%	206.90%	0%	0%	0%	0%	0%	0%	0%

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Equity and Liabilities
Equity Capital +	34	37	800	922	952	967	984	1,438	1,796	2,845
Share Capital ⓘ	5	5	37	71	71	71	69	92	92	153
Reserves ⓘ	29	32	763	851	882	896	915	1,347	1,704	2,692
Short term borrowings	0	0	2	185	372	751	1,481	1,689	2,605	3,716
Long Term Borrowings	0	0	20	67	366	1,038	1,680	3,015	4,398	5,613
Current Liabilities	0	0	14	207	402	821	1,624	1,852	2,788	3,972
Trade Payables	0	0	1	13	2	6	13	13	1	7
Other Liabilities	-0	-0	29	-198	-374	-756	-1,494	-1,702	-2,355	-3,723
Total Liabilities ⓘ	34	37	868	1,195	1,720	2,826	4,288	6,306	9,232	12,430
Assets
Non Current Asset +	26	33	113	872	1,348	2,673	4,042	5,683	8,275	10,316
Loan Asset	0	0	79	832	1,283	2,451	3,806	5,432	7,919	8,315
Other Non Current Asset ⓘ	26	33	34	39	65	222	236	250	356	2,002
Current Asset +	8	4	755	324	372	152	246	623	958	2,114
Current Investment	0	3	107	73	40	0	0	0	0	12
Other Current Asset	8	1	648	251	332	152	246	623	958	2,102
Total Assets ⓘ	34	37	868	1,195	1,720	2,826	4,288	6,306	9,232	12,430

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Cash Flow From Operating Activity ⓘ	-4	1	-86	-799	-347	-1,125	-1,220	-1,535	-2,474	-348
Cash Flow From Investing Activity ⓘ	1	-1	-347	179	-46	43	-85	-230	-80	-1,577
Cash Flow From Financing Activity ⓘ	0	0	754	308	508	1,023	1,279	1,814	2,655	2,947
Net Cash Flow ⓘ	-3	0	321	-312	115	-58	-26	48	101	1,022

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Operational & Financial Ratios
EPS (₹)	4.20	6.30	1.70	2.80	4.10	2.10	5.70	13	15.70	7.40
DPS (₹)	0	0	3.50	0	0	0	0	0	0	0
BVPS (₹)	72.5	78.8	335.8	129.7	133.8	136.4	141.3	156.3	194.2	185.3
Performance Ratios
ROA (%)	5.9	8.4	0.9	1.9	2.0	0.6	1.1	2.3	1.9	1.1
ROE (%)	6.0	8.4	1.0	2.3	3.1	1.5	4.1	9.9	9.0	4.9
ROCE (%)	6.1	9.1	0.6	1.7	3.9	7.0	10.9	12.2	11.1	10.1
Valuation Parameters
Price/Book(x)	0.4	1.0	0.5	0.8	0.9	1.2	1.0	1.4	0.9	0.4

About Ugro Capital Ltd

UGRO Capital was incorporated as Chokhani Securities in 1993 and subsequently listed on the BSE in 1995. Shachindra Nath, the Executive Chairman and Managing Director, acquired the Company in July 2018, and the company was subsequently renamed and recapitalized as UGRO Capital Limited.

The company is a Data Tech Lending platform which solve the small business credit gap in India with the help of its formidable distribution reach and Data-tech approach. The company is backed by marquee Private Equity funds and family offices.

It is technology focused, small business lending platform. It is focused on addressing capital needs of small businesses by providing customized loan solutions. It strives to build a strong SME financing platform based on sectoral understanding supplemented by a fully integrated technology and analytics platform.

The company’s ability of Data Analytics and strong Technology architecture allows for customized sourcing platforms for each sourcing channel. GRO Plus module which has uberized intermediated sourcing, GRO Chain, a supply chain financing platform with automated end to end approval and flow of invoices, GRO Xstream platform for co-lending, an upstream and downstream integration with fintechs and liability providers and GRO Xapplication to deliver embedded financing option to MSMEs.

The credit scoring model GRO Score (2.0) a statistical framework using AI / ML driven statistical model to risk rank customers is revolutionizing the MSME credit by providing on-tap financing like consumer financing in India UGRO has pioneered the ‘Lending as a Service’ (LaaS) model in India and has effectively operationalized Co-lending relationship with various Large Public Sector Banks and large NBFCs and built a sizeable LaaS book of more than 15% of its AUM through the GRO Xstream platform.

Business area of the company

The company is engaged in the business of lending and primarily deals in financing MSME sector with focus on Healthcare, Education, Chemicals, Food Processing/FMCG, Hospitality, Electrical Equipment & Components, Auto Components and Light Engineering segments.

Loan products

Business Loans- Secured
Business Loans- Unsecured
Plant & Machinery Loan
Supply Chain Finance
GRO X

Awards and recognition

Financial Year 2019-20

India NBFC Summit Awards by Perfios 2019 Category: Rising Star of The Year
Companies & Education Awards Category: The Most 2019 Trusted Company, Emerging NBFC
World BFSI Congress Awards by ET NOW Categories: Financial Services, FinTech & Loan
The Finnoviti Award 2020 by Banking Frontiers, partnered by Deloitte Category: Business Model-Innovation
4th Edition of IGBL Awards 2018-19 Category: India's Greatest Leader 2018-19
4th Edition of IGBL Awards 2018-19 Category: India's Greatest Brand 2018-19

Financial Year 2020-21

Top 5 Digital Lending Companies for MSMEs recognised by BW Disrupt
ET Best BFSI Brand of the Year Award for FinTech Category
Best MSME Lending Company by World Leadership Congress & Awards
Best Use of Data Science in Lending by World Leadership Congress & Awards
Top 5 Fintech MSME Lending Companies recognised by IBS Intelligence
Quick Loan Approval Award by National Awards for Excellence in Financial Services Marketing
Best Lending Tech of the Year Award by National Awards for Excellence in Financial Services Marketing
Best Tech Platform Award by The Internet Entrepreneur Awards (Fintech)

Financial Year 2021-22

Rising star SME finance company of the year 2022 presented by Expleo
Best use of data and analytics lending finance company 2022 presented by Expleo
Best use of data science in lending 2021 presented by World Leadership Awards
Best use of data analytics 2021 presented by BFSI Excellence Awards
One of the best BFSI brands 2021 presented by The Economic Times
Best mobile app initiative 2021 presented by DNA (Distinguished NBFC Awards).

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ugro Capital Ltd (UGROCAP) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Ugro Capital Share Price