Hyderabad, April 28, 2025: UGRO Capital, a leading DataTech NBFC focused on MSME lending, today announced its robust financial performance for the quarter and financial year ended 31st March 2025. Continuing its journey toward becoming the largest small business financing institution driven by data and technology, the Company reported Assets Under Management (AUM) of INR 12,003 crore as of March 2025, reflecting a 33% year-on-year growth.
UGRO Capital recorded its highest-ever quarterly loan origination of INR 2,436 crore, compared to INR 1,554 crore in the same quarter last year — a growth of 57% YoY and 16% QoQ. Its Emerging Market LAP (formerly the Micro Enterprises business) also witnessed strong performance, with disbursements reaching INR 669 crore for Q4’FY25, up from INR 203 crore for Q4’FY24, marking a 230% YoY and 23% QoQ increase. UGRO’s embedded finance platform, MSL, continued its upward trajectory, crossing an AUM of INR 700 crore as on March 31, 2025. This reflects strong traction and reaffirms UGRO Capital’s commitment to empowering small businesses.
In terms of financials, Total Income for FY25 stood at INR 1,442 Cr (up 33% YoY), with FY24 reporting INR 1,082 Cr (up 58% from FY23). Additionally, the Company reported a Profit After Tax (PAT) of INR 144 Cr for FY25, marking 21% YoY growth. For Q4’FY25, PAT was reported at INR 41 Cr, indicating 24% YoY growth.
On the liability side, UGRO Capital mobilized its highest-ever debt of INR 1,500+ crore during Q4’FY25, bringing its total debt to INR 6,904 crore as of 31st March 2025. These robust quarterly figures, along with GNPA/NNPA metrics of 2.3%/1.6% on the total AUM, underscore the sterling quality of UGRO’s portfolio, highlighting a well-structured risk management approach. UGRO Capital’s distinctive co-lending approach, off-book accounts for 42% of AUM, and its strategic partnership with 17 Co-lending partners, 59 lenders, over 10 green anchors, and 730+ GRO partners, facilitates data-driven, tailored financial solutions for more than 150,000 MSMEs across India.
Speaking on the performance, Mr. Shachindra Nath, Founder and Managing Director of UGRO Capital, said, “Our FY25 performance underscores the strength of our DataTech-driven business model and the progress we have made in reaching underserved MSME segments. With record quarterly originations and robust AUM growth, we remain on track to expand our Emerging Markets portfolio, driving both yield enhancement and greater financial inclusion. Our diversified liability mix, and industry-leading collection efficiency demonstrate the resilience and scalability of our risk-management framework. As we set ambitious targets for FY26, backed by continuous innovation and a growing branch network, UGRO Capital is more committed than ever to empowering MSMEs across India with tailored, high-impact financial solutions.”